Track record · closed signal

Lam Research Corp (LRCX) — closed signal from May 5, 2026

Target reached Published before the outcome was known, scored automatically when the window closed on August 3, 2026 — +8.3% at the close.

Predicted vs. what happened

LRCX price · publication thesis → realized outcomesplit-adjusted

$255.00 – $272.00Entry zone — fair-value band

$272.00Published — price the day we called it

$312.80Target — the price the thesis aimed for

$438.50Peak — highest point inside the window, not a realized return

$294.61Window close — end-of-window price, context only

What happened

Target reached

Reached its target in 21 days.

At window close

+8.3%

realized, from the publication price to the last close inside the window

Peak gain

+61.2%

peak, from the publication price — not a realized return

S&P 500, same window

+5%

SPY over the identical days, dividend-adjusted

Window close

$294.61

last close inside the window, ended August 3, 2026

Peak price

$438.50

peak on June 30, 2026 — not a realized return

Days to target

The thesis — published May 5, 2026

Predicted growth

+15%

over the measurement window

Target price

$312.80

the price the thesis aimed for

Entry zone

$255.00 – $272.00

the fair-value band we waited for

Price at publication

$272.00

published May 5, 2026

Confidence

74%

how strongly the data lined up

Timeframe

Short-term (0–3 months)

Lam Research benefits from strong demand for equipment tied to AI-related chip production. Recent quarterly results beat expectations and the company has healthy profit margins and cash on the balance sheet. However, the share price has run up and short-term buying strength has eased, so the setup looks better after a period of price consolidation.

Primary drivers

Demand from AI chip production remains a tailwind for equipment sales
Quarterly results were stronger than expected, supporting the story
A healthy cash position helps the company weather volatility
A measured pullback would reduce risk from the current run-up

How it played out

LRCX: target reached in 21 days

Lyra published LRCX at $272 with an expected gain of 15% and a $312.80 target. The thesis pointed to demand for chip-production equipment tied to artificial intelligence, stronger-than-expected quarterly results, healthy cash, and a better setup after price consolidation.

The shares reached the target in 21 days. They later peaked at $438.50 on June 30, a 61.2% gain within the window, before ending at $294.61 on August 3. The thesis played out, although the closing price was below the target.

What happened during the window

On May 20, 2026, Lam Research announced a panel-level packaging center in Salzburg. On July 29, 2026, the company reported June-quarter revenue of $6.72 billion and diluted earnings of $1.81 per share.

Prices are shown split- and dividend-adjusted, matching what public charts show today.

Lyra

Read the next call before it closes.

This is one signal, scored after the fact. Today’s picks come with the same plain-language thesis — published before anyone knows the outcome.

See today’s picks All LRCX signals