Lam Research Corporation (LRCX): one to watch?

Fairly priced now, not a bargain — a great chip-equipment business that simply got too expensive and is deflating back toward analyst targets.

👀 WATCH Fundamentals78/100

Fell 20% in 9 trading day(s) — now $346.10

Why LRCX dropped

No company-specific bad news (no fraud, no lost customer, no guidance cut) — this is a sector-wide selloff in semiconductor equipment stocks after a huge run-up (LRCX was up over 150% in H1 2026), triggered by fears that AI/memory capital spending is peaking, following weak SK Hynix news and soft TSMC monthly revenue.

Fwd P/E 42.8Op margin 35.0%Rev growth 23.8%Debt/equity 35.3%Analyst upside 5.3%

How this scored 78/100

✅ Passes all 4 hard checks — profitable, cash-generative, and financially survivable.

✅ Makes money Net profit margin 30.9%

✅ Generates cash Free cash flow $4.4B

✅ Not drowning in debt Debt/equity 35.3% (limit 200%)

✅ Can pay its bills Current ratio 2.5 (needs 1+)

Bar length shows how much each metric is worth — a 10-point metric is twice as wide as a 5-point one. Hover any row for what it means.

Profitability Does it actually make money? 25/25

Operating margin 35.0% 9/9

Net profit margin 30.9% 8/8

Return on equity 66.8% 8/8

Growth Is it getting bigger, or dying? 25/25

Revenue growth 23.8% 9/9

Earnings growth 40.8% 8/8

Expected profit change 52.5% 8/8

Value Is it cheap right now? 4/25

Forward P/E 42.8 0/10

PEG ratio 2.0 3/8

Analyst target upside 5.3% 1/7

Balance sheet Will it survive? 24/25

Debt / equity 35.3% 9/10

Current ratio 2.5 8/8

Free cash flow $4.4B 7/7

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Analysis generated by NormieStonks's AI from public fundamentals and news, first flagged 2026-07-15. Research only — not financial advice.