Analysis for Lam Research
Description & usage
Lam Research supplies wafer-fabrication equipment, with core strengths in etch, clean, and deposition processes. Demand is tied to semiconductor capex cycles and technology transitions to more advanced nodes. Key valuation factors are service-revenue mix, order momentum, fab-utilization trends, and competitive standing in WFE.
Basic info
- Symbol
- LRCX
- Type
- Stock
- Region
- US
- Sector
- Information Technology
- Available history
- 11.2 years
- Last trading day
- 04/02/2026
Basic info
- Symbol
- LRCX
- Type
- Stock
- Region
- US
- Sector
- Information Technology
- Available history
- 11.2 years
- Last trading day
- 04/02/2026
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Score overview
The overall score combines Performance, Stability and Trend into one comparable value.
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Analysis summary
Technical asset picture
Lam Research (LRCX) currently has a total score of 79 points, placing it in the strong range. The score is made up of Performance (97), Stability (47) and Trend (81). The profile is clearly uneven: Performance stands out while Stability is more neutral.
Performance scores 97 points (very strong). Key strength: 1Y return at 199.9 %. Even the weakest return is still strong in absolute terms: 5Y return at 289.1 %. This points to a sharper upswing more recently.
Stability scores 47 points (neutral). Key strength: return/volatility ratio at 3.71. Weaker metric: volatility (365d, annualized) at 53.9 %. That implies very high day-to-day swings. Higher Stability points are better and typically reflect calmer swings and smaller drawdowns-but prices can still fall.
Trend scores 81 points (very strong). Key strength: 12M momentum at 206.2 %. Main drag: Price is about 3.6 % below SMA50.
Overall, the profile has a clear strength in Performance, while Stability is the main limiter. On a metric level, 1Y return stands out, while volatility (365d, annualized) is the main weak spot.
Current market backdrop
The backdrop currently looks mixed and rather restrictive.
A strong US dollar currently paints a mixed risk picture.
High US real yields and elevated long yields lean toward a restrictive rate backdrop.
What that typically means here
For tech, growth, and communication-services assets, higher real yields and a stronger US dollar typically lean headwind.
Note: DXY is used here as the latest available reading; ISM PMI was not used actively in the effect logic.
Historical evaluation and qualitative market context only, not investment advice.
Price chart
Use the chart to read recent price behavior before drilling into metrics.
Scores and metrics
Explore the overall score, the three pillar scores, and the metrics behind them.