Chips · Stock report · Lam Research (NASDAQ: LRCX)

Lam Research — 72nd of 86 chip stocks over one month as the market's verdict on its report lands Monday

October 24, 2026 · data as of October 23, 2026 close · Closelooknet research diary

72 of 86rank in our chip section, 1-month move

7.1%average move in the 3 sessions after each report

The Closelooknet read

Lam Research (NASDAQ: LRCX) is a stock whose reports move it, and its latest one is still being graded. On our Print Record it moved 7.1% on average, in either direction, in the three sessions after each of its last ten reports: six times it rose more than 3%, three times it stayed within 3%, once it fell more than 3%. It reported on Wednesday 21 October after the close, so that close is the starting line, not a reaction, and the verdict falls at Monday's close, 26 October. Over one month the stock fell 25.1%, 72nd of the 86 stocks in our chip section. We watch whether Monday's close ends more than 3% above Wednesday's close (paid), more than 3% below it (sold), or within 3% (flat).

Where Lam Research stands among 86 chip stocks

Lam ranks 72nd of the 86 stocks in our chip section on one-month move, with a fall of 25.1%. Among its equipment peers, Kokusai Electric (6525.T) fell 23.2%, Applied Materials (AMAT) 20.5%, Aixtron (AIXA.DE) 18.9%, ASM International (ASM.AS) 16.0% and VAT Group (VACN.SW) 13.2%. Tokyo Electron (8035.T) fell 11.0%, INFICON (IFCN.SW) 7.6% and Comet Group (COTN.SW) 4.4%. Lam sits 46.9% below its 30 June closing high of $433.33. VAT Group and INFICON, both listed in Zurich, set new highs in early October and sit 21.1% and 17.9% below them.

We watch whether Lam's 25.1% fall stays deeper than Applied Materials' 20.5% once the report verdict is in.

Our money-flow and quality readings

Our money-flow reading (a gauge of net buying pressure) stands at 53.5. It is still positive but slowing, down 9.7 points over five sessions and 24.5 over 21. Lam's composite score is 52 of 100, with quality at 82 and balance sheet at 84. Three scores sit below the composite: valuation at 20, momentum at 32 and cash quality at 40. Growth and capital allocation are both 56. The Piotroski score, a check of financial health, is scored 8 of 9.

What the market expected from the report

Ahead of the report, the Street carried earnings of $2.18 a share on revenue of roughly $8.14 billion. The company's own July guidance was $8.10 billion, plus or minus $400 million, and earnings of $2.15, plus or minus $0.15. On the Print Record Lam beat the earnings estimate in nine of its ten reports and the revenue estimate in all ten. Its last four reactions were +11.1% (October 2025), -0.9% (January 2026), -2.3% (April 2026) and +16.7% (July 2026).

Price trend and the Street

Lam closed at $230.10 on 23 October, unchanged on the day, down 12.8% over five sessions and up 34.4% this year. It trades 23.9% below its 50-day average of $302.39 and 18.8% below the average close of the last 200 sessions, $283.43. Its typical daily swing is about 3.6%. Analysts' average target is $372, 61.8% above the last close, with 39 buy, 10 hold and 1 sell rating.

Closelooknet is a research diary. Nothing here is investment advice or a recommendation to buy or sell.

LRCX — quick answers

How much does Lam Research stock usually move after earnings?

On our Print Record it moved 7.1% on average, in either direction, in the three sessions after each of its last ten reports. Six times it rose more than 3%, three times it stayed within 3% and once it fell more than 3%.

When is the verdict on Lam Research's October 2026 report?

The company reported on Wednesday 21 October after the close, so that close is the starting line. The reaction is measured over three trading sessions, ending at Monday's close, 26 October.

How has Lam Research performed against other chip equipment stocks?

Over one month Lam fell 25.1%, 72nd of the 86 stocks in our chip section. Kokusai Electric fell 23.2% and Applied Materials 20.5%, while Tokyo Electron fell 11.0%.