LRCX NASDAQ Week ended 24 Jul 2026

Weekly Investor Report

Lam Research Corp · Technology · Semiconductor Equipment & Materials

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Latest close 305.2 USD
-2.6% latest week
Weekly setup

Mixed setup

The weekly trend is active. Price is 13.0% above the Trend Line and sits at 61.7% of its 52-week range. The latest completed week returned -2.6%, after a -19.5% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks strongly; valuation is expensive relative to peers. Options positioning is mixed with 45/100 conviction, while the latest news-sentiment score is 55/100. Near-term considerations: volume confirmation is below normal.

Setup score 56 out of 100
Latest Close 305.2 USD 24 Jul 2026
1W Return -2.6% latest completed week
4W Return -19.5% short-term follow-through
12W Return 19.0% quarterly tape
Trend Breadth 100.0% 52 of 52 weeks active
Volume Ratio 0.8x vs 13-week average
What is working
  • The trend backdrop is active with a 60-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Activity pressure is positive on the latest completed week.
What could go wrong
  • 7 reversal markers appear in the recent smart-money tape.
  • The share remains more than 20% below its 52-week high.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through -2.6% Latest completed week; four-week move -19.5%. Indicator stack 100/52 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. Next-Week Expectancy Positive 60.47% Historical one-week expectancy contributes to the evidence score when direction is confirmed. Options pressure Mixed 45/100 conviction; expected move 6.0%. News sentiment 55/100 46 relevant articles in the latest sentiment read. Event risk 29 Jul Latest stored earnings date was 29 Jul 2026.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 13.0% above the Trend Line and sits at 61.7% of its 52-week range. The latest completed week returned -2.6%, after a -19.5% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 0.8x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.9612-week average 0.92

12-week confirmation

Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure12/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.96Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers77 reversal markers

No recent accumulation markers. 7 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -19.5% over four weeks, 19.0% over 12 weeks, and 216.5% over one year. The current trend has remained active for 60 consecutive weeks.

Performance by holding period

1W-2.6%
4W-19.5%
12W19.0%
26W40.3%
52W216.5%
Active trend streak60 weeks
Active weeks in one year52
Trend breadth100.0%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure0.43Latest activity-pressure read.
Pressure change-73.6%Four-week change in activity pressure.
Leadership34.51Latest relative-leadership reading.
RS change-53.0%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks strongly; valuation is expensive relative to peers.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 30 Jun 2025 Field coverage 100% Model confidence 96%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength53/100Blend of value, momentum, and quality. Underlying universe rank 48; rank 1 is best.
Value2/100Relative valuation strength. Underlying universe rank 99; rank 1 is best.
Quality98/100Profitability and accounting quality. Underlying universe rank 3; rank 1 is best.
Momentum99/100Medium-term price momentum. Underlying universe rank 2; rank 1 is best.
Growth96/100Revenue and earnings growth. Underlying universe rank 5; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
56.9x
Price divided by trailing earnings.
Price / sales
17.6x
Market value relative to trailing revenue.
EV / EBITDA
47.6x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
2.1%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
50.0%
Gross profit retained from each unit of revenue.
Operating margin
34.9%
Operating profit retained from revenue.
Free-cash-flow margin
36.1%
Free cash flow generated from revenue.
Return on invested capital
70.9%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
26.5%
Latest one-year revenue growth.
EPS growth
44.0%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
53.8%
Latest one-year free-cash-flow growth.
Piotroski F-score
8/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
0.3%
Cash dividends relative to market value.
Buyback yield
1.3%
Net share repurchases relative to market value.
Shareholder yield
1.6%
Dividend yield plus net buyback yield.
Net debt / EBITDA
-0.1x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningMixed

LRCX shows mixed options pressure with a 45/100 conviction score, put-call volume ratio of 1.33, expected move of 6.0%, and Sharemaestro trend signal active.

Conviction45/100
Expected move6.0%
Put/call volume1.33
Pressure-16
Speculation44
Volatility80
Trend agreement78
Open options detail
Insider activity1 / 19

1 acquisitions and 19 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment55/100

Weighted news tone is neutral across 46 relevant articles.

15 positive · 25 neutral · 6 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings29 JulLatest stored earnings date was 29 Jul 2026.
Options expected move6.0%Nearest-chain priced movement where available.
52-week drawdown-30.4%Distance below the 52-week high.
13-week volatility8.6%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher14 of 2612 weeks finished lower.
Best week+20.9%Week of 12 Jun.
Worst week-14.7%Week of 6 Mar.
Latest week-2.6%Week of 24 Jul.

Shape of recent returns

Strong gains9
Modest gains5
Flat weeks0
Modest losses5
Sharp losses7
Recent vol8.6%13-week weekly-return volatility.
Base vol7.4%52-week weekly-return volatility.
Up/down split34/18Count of positive and negative weeks in the 52-week window.
Average skew6.4% / -4.9%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape65/100

Trend, activity pressure, participation, and risk combine to a 65/100 tape read.

 Indicator analysis83/100

Latest 12-week confirmation: trend 12/12, activity pressure 12/12, relative leadership 12/12.

Activity pressure 0.96; 7 reversal markers Next-Week ExpectancyPositive 60.47%

Next-week expectancy is positive with a 60.47% historical one-week setup read.

Adds short-term historical context without overriding trend, activity, or relative leadership. Factors62/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 28 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Options56/100

LRCX shows mixed options pressure with a 45/100 conviction score, put-call volume ratio of 1.33, expected move of 6.0%, and Sharemaestro trend signal active.

Mixed · Options-market disagreement · Expected move 6.0% Sentiment55/100

Weighted news tone is neutral across 46 relevant articles.

Lam Research Q4 Earnings Call Highlights Insiders1 / 19

1 acquisitions and 19 disposals in the latest 180-day insider tape.

 Earnings29 Jul

Latest stored earnings date was 29 Jul 2026.

 Research flow5 items

2 recent research articles and 3 Market Watch posts are available.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
24 Jul 2026305.2 USD-2.6%270.1 USD124.2 USD0.4334.5143.7MOn
17 Jul 2026313.3 USD-10.6%265.8 USD122.7 USD1.0438.0854.2MOn
10 Jul 2026350.3 USD-0.3%261.1 USD121.0 USD1.5350.3856.2MOn
3 Jul 2026351.4 USD-7.3%254.8 USD119.2 USD1.7756.3968.6MOn
26 Jun 2026379.1 USD-2.6%248.4 USD117.3 USD1.6473.5079.3MOn
19 Jun 2026389.0 USD6.1%240.9 USD115.3 USD1.4073.9359.1MOn
12 Jun 2026366.6 USD20.9%232.7 USD113.2 USD1.0972.1464.3MOn
5 Jun 2026303.1 USD-4.7%225.4 USD111.2 USD0.6848.9046.9MOn
29 May 2026318.0 USD4.2%220.6 USD109.7 USD0.6051.8837.9MOn
22 May 2026305.1 USD7.2%215.2 USD108.0 USD0.3652.8442.4MOn
15 May 2026284.5 USD-3.2%210.1 USD106.4 USD0.2046.9543.2MOn
8 May 2026293.8 USD14.5%205.3 USD105.0 USD0.1053.8851.9MOn
1 May 2026256.5 USD-4.1%199.9 USD103.4 USD-0.1044.4247.7MOn
24 Apr 2026267.6 USD0.1%196.2 USD102.1 USD-0.2855.5648.2MOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.