BN · rank #13 · 2026-10-22
LRCX
NASDAQ · $326.38B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | 0.29 |
|---|---|
| Forward revenue growth Consensus forward revenue growth. | +20.5% |
| Forward net margin Consensus forward net margin. | +32.7% |
| Net margin TTM Trailing twelve month net margin. | +31.3% |
| Margin expansion Forward minus trailing net margin (percentage points). | +1.4% |
| Forward PEG Forward P/E to growth. Below 1 is cheap for the growth. | 1.45 |
| Debt / FCF Net debt relative to free cash flow. Lower is safer. | 0.54× |
| Analyst upside Spread between the consensus 12m target and the current price. | +44.5% |
| Last EPS surprise Most recent reported EPS versus consensus. | -42% |
| Market cap (USD) | $326.38B |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Lam Research provides semiconductor wafer-fabrication equipment and services specializing in conductor/dielectric etch, deposition, and advanced packaging essential for high-density 3D NAND, HBM, and AI chiplets.
Rationale
The quant signal is validated by Lam's critical process moat in high-aspect-ratio etch (Cryo 3.0) and >50% growth in advanced packaging, driving projected 20.5% forward revenue growth and 32.7% forward net margins.
Material risks
- 1Heightened U.S. export restrictions targeting China (which represented 26% of June-quarter revenue) could curb equipment shipments and accelerate Chinese domestic tool substitution.
- 2A cyclical pullback or architecture shift in AI, HBM, and NAND capital spending, coupled with competitive encroachment from Applied Materials or Tokyo Electron.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.