Lam Research records nine-session slide: October 21 tests Lam Research stock

Published on 10/16/2026 at 10:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lam Research stock costs EUR 247.08 on October 16, 2026. Nasdaq market cap was USD 347.2 billion on October 15, 2026.

Results and analyst targets

Lam Research's nine-session slide reached 21.70 percent by October 16, 2026.
Revenue reached USD 6.72 billion in the quarter ended June 28, 2026.
Lam Research stock trades at EUR 247.08 at 10:08 a.m. CEST at Lang & Schwarz on October 16, 2026.
Morgan Stanley raised its target from USD 367.00 to USD 385.00 on October 5, 2026.
Lam Research is scheduled to report results on October 21, 2026.

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Lam Research (ISIN US5128073062) has recorded a nine-session losing streak, with the decline reaching 21.70 percent by October 16, 2026, according to ScanX News. The move comes before the semiconductor equipment maker's scheduled September-quarter results on October 21, 2026.

What happened before results?

The latest sell-off contrasts with Lam Research's operating figures. For the quarter ended June 28, 2026, revenue reached USD 6.72 billion, up 30.00 percent year over year, while earnings per share came to USD 1.82 against a USD 1.69 consensus estimate, The Stock Observer reported on October 15, 2026.

Management's guidance for the quarter ending September 27, 2026 called for USD 8.10 billion in revenue, plus or minus USD 400.00 million, and earnings per share of USD 2.00 to USD 2.30, according to the same report. The revenue midpoint would stand USD 1.38 billion above the June-quarter figure, making the October 21 update a direct test of demand and execution.

Three milestones shape the setup

The chronology is clear: on July 29, 2026, Lam Research reported USD 6.72 billion in quarterly revenue and USD 1.82 adjusted earnings per share; on October 5, 2026, Morgan Stanley raised its price target from USD 367.00 to USD 385.00 while keeping an Overweight view; and on October 16, 2026, the stock reached a record nine-session losing streak with a cumulative 21.70 percent decline, ScanX News reported.

The next two dated events are the September-quarter results on October 21, 2026, and Lam Research's annual meeting on November 3, 2026, as listed by Simply Wall St. The contrast between a 30.00 percent year-over-year revenue gain and the 21.70 percent share-price slide leaves the next report carrying unusual weight for the market's valuation debate.

Lam Research stock trades at EUR 247.08

Lam Research stock was trading at EUR 247.08 at Lang & Schwarz on October 16, 2026 at 10:08 a.m. CEST. The primary listing is on Nasdaq, where the stock was last quoted at USD 277.46 on October 15, 2026, according to the finance snapshot, while the 52-week range was USD 135.50 to USD 438.50. The market capitalization was USD 347.2 billion as of October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of Lam Research stock.