LRCX
Lam Research Corporation Technology - Semiconductor Equipment Investor Relations →
Lam Research Corporation (LRCX) closed at $284.72 as of 2026-05-15, trading 206.2% above its 200-week moving average of $92.97. The stock is currently moving closer to the line, down from 220.5% last week. The 14-week RSI sits at 62, indicating neutral momentum.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.93 ratio) is neutral — neither side is clearly dominating.
Over the past 2145 weeks of data, LRCX has crossed below its 200-week moving average 37 times. On average, these episodes lasted 17 weeks. Historically, investors who bought LRCX at the start of these episodes saw an average one-year return of +7.3%.
With a market cap of $356.1 billion, LRCX is a large-cap stock. The company generates a free cash flow yield of 1.2%. Return on equity stands at 66.8%, indicating strong profitability. The stock trades at 33.6x book value.
The company has been aggressively buying back shares, reducing its share count by 7.4% over the past three years. LRCX passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.4 years, a hypothetical investment of $100 in LRCX would have grown to $60975, compared to $3058 for the S&P 500. That represents an annualized return of 21.2% vs 10.8% for the index — confirming LRCX as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 28.5% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: LRCX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After LRCX Crosses Below the Line?
Across 27 historical episodes, buying LRCX when it crossed below its 200-week moving average produced an average return of +12.0% after 12 months (median +3.0%), compared to +5.2% for the S&P 500 over the same periods. 52% of those episodes were profitable after one year. After 24 months, the average return was +33.2% vs +24.2% for the index.
Each line shows $100 invested at the moment LRCX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices LRCX would reach each dislocation threshold.
Dislocation Price Levels
Prices where LRCX's Bean Score would hit each σ threshold. Valid until next earnings report (last report: 2026-03-31).
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $244.01 | Unusually cheap — potential buy zone |
| Value | +1σ | $258.46 | Cheap vs. own history |
| Fair Value | +0σ | $274.73 | Historical mean behavior |
| Expensive | -1σ | $293.18 | Expensive vs. own history |
| Deep Expensive | -2σ | $314.29 | Unusually expensive — potential trim zone |
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Historical Touches
LRCX has crossed below its 200-week MA 37 times with an average 1-year return of +7.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1985 | May 1985 | 1 | 0.9% | +35.1% | +163048.9% |
| Jun 1985 | Jul 1985 | 6 | 8.0% | +23.0% | +163048.9% |
| Aug 1985 | Aug 1985 | 1 | 2.5% | -17.8% | +165284.0% |
| Sep 1985 | Dec 1985 | 16 | 24.2% | -21.1% | +169943.1% |
| Jun 1986 | May 1987 | 46 | 51.1% | N/A | +160874.2% |
| May 1987 | Jul 1987 | 7 | 6.9% | -21.7% | +174871.4% |
| Oct 1987 | May 1989 | 80 | 48.5% | +7.1% | +287352.6% |
| Jun 1989 | Jul 1989 | 1 | 2.0% | -21.0% | +194626.8% |
| Sep 1989 | May 1990 | 33 | 34.0% | -51.6% | +194626.8% |
| Jun 1990 | Mar 1991 | 42 | 54.4% | +28.6% | +215489.5% |
| Jun 1996 | Jan 1997 | 33 | 38.9% | +4.0% | +30272.4% |
| Mar 1997 | Jun 1997 | 17 | 30.4% | -27.7% | +27276.5% |
| Oct 1997 | Jun 1999 | 86 | 74.6% | -74.0% | +26117.2% |
| Oct 2000 | Nov 2000 | 3 | 8.3% | +19.1% | +19341.3% |
| Nov 2000 | Jan 2001 | 5 | 18.4% | +48.0% | +22540.5% |
| Sep 2001 | Oct 2001 | 5 | 17.1% | -44.2% | +20054.0% |
| Feb 2002 | Feb 2002 | 1 | 3.1% | -36.8% | +16023.2% |
| May 2002 | Aug 2003 | 64 | 67.9% | -21.5% | +14647.7% |
| Sep 2003 | Sep 2003 | 1 | 4.3% | -5.0% | +14602.4% |
| Jul 2004 | Jul 2004 | 1 | 3.6% | +47.4% | +16093.3% |
| Aug 2004 | Aug 2004 | 2 | 7.2% | +36.9% | +15571.1% |
| Aug 2004 | Sep 2004 | 1 | 6.6% | +49.7% | +16559.8% |
| Oct 2004 | Oct 2004 | 1 | 0.3% | +40.2% | +15411.7% |
| Jan 2008 | Jan 2008 | 1 | 1.2% | -38.0% | +8741.6% |
| Feb 2008 | Feb 2008 | 2 | 1.3% | -43.5% | +8606.2% |
| Mar 2008 | Mar 2008 | 4 | 5.7% | -49.7% | +8642.5% |
| May 2008 | Apr 2010 | 99 | 56.3% | -35.6% | +8713.7% |
| May 2010 | May 2010 | 4 | 4.2% | +31.6% | +8973.7% |
| Jun 2010 | Jul 2010 | 1 | 2.5% | +20.5% | +8828.7% |
| Aug 2010 | Sep 2010 | 5 | 5.0% | +2.8% | +8805.0% |
| Aug 2011 | Sep 2011 | 5 | 3.0% | -7.1% | +8915.1% |
| Nov 2011 | Nov 2011 | 1 | 0.1% | -3.9% | +9023.0% |
| Dec 2011 | Dec 2011 | 1 | 2.5% | +1.3% | +9236.4% |
| May 2012 | Jun 2012 | 1 | 2.7% | +29.5% | +9182.1% |
| Jul 2012 | Jan 2013 | 28 | 15.8% | +29.6% | +9349.5% |
| Sep 2022 | Oct 2022 | 5 | 20.0% | +64.8% | +675.8% |
| Mar 2025 | Apr 2025 | 3 | 7.6% | +272.4% | +385.4% |
| Average | 17 | — | +7.3% | — |
Frequently Asked Questions
Is LRCX below its 200-week moving average?
No. Lam Research Corporation (LRCX) is currently 206.2% above its 200-week moving average of $92.97. It would need to fall to $92.97 to cross below the line.
What is LRCX's 200-week moving average price?
Lam Research Corporation's 200-week moving average is $92.97 as of 2026-05-15. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when LRCX drops below its 200-week moving average?
LRCX has crossed below its 200-week moving average 37 times in our data. On average, buying at that moment produced a one-year return of +7.3%. These dips have historically been decent entry points. These episodes lasted 17 weeks on average.
Is LRCX a good value right now?
Here's what our data says about LRCX as of 2026-05-15: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 62. Free cash flow yield is 1.2%. Return on equity is 66.8%. Price-to-book is 33.6x. This is not a buy or sell recommendation — always do your own research.
How does LRCX compare to the S&P 500?
Over the past 33.4 years, $100 invested in LRCX would have grown to $60975, compared to $3058 for the S&P 500. That's 21.2% annualized vs 10.8% for the index. LRCX has outperformed the broader market over this period.
Does LRCX pay a dividend?
Yes. Lam Research Corporation currently pays a dividend yield of 37.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-15