LRCX

Stock

Lam Research Corporation

One email when a drop — in price or in valuation — is historically rare for LRCX. Otherwise we stay quiet.

Worth a look

Bigger than its usual dip. Not yet rare.

Lam Research Corporation is 22.6% off its high — deeper than its 7.3% average pullback, but it has been through 235 drawdowns before. Not historically significant yet — we'll say so if that changes.

But down is not the same as cheap: Lam Research Corporation's P/S Severity Score is 0.0 — its valuation sits in or above its typical range.

Price $335.43 · as of Jul 15, 2026All-time high $433.33Drawdown -22.6%Severity Score™ 4.0
🟡

Elevated

Current Drawdown

-22.6%

Days in Drawdown

13

Avg Max Drawdown

7.3%

Avg Length

61

Drawdown Severity Score™

4.0

LRCX - Price & High Water Mark

LRCX - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 12, 2026 · updated daily

Where today's valuation sits within LRCX's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

20.3xSeverity Score 0.0 · In or above its typical range
Low: 0.85xMedian: 3.2xHigh: 25.1x

Lam Research Corporation has been cheaper on this measure only about 100% of the time in 20 years of daily history.

19.1% below its highest Price to Sales reading · high date June 30, 2026

Price to Sales history

EV to EBITDA

56.0xSeverity Score 0.0 · In or above its typical range
Low: 3.5xMedian: 13.3xHigh: 69.3x

Lam Research Corporation has been cheaper on this measure only about 100% of the time in 20 years of daily history.

19.2% below its highest EV to EBITDA reading · high date June 30, 2026

EV to EBITDA history · log scale

How we measure valuation

Lam Research Corporation (LRCX) Analysis: Current Drawdown Insights

Lam Research Corporation is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-15, the stock is trading at $335.43, which represents a 22.6% decline from its all-time high of $433.33. This drawdown has persisted for 13 days.

Based on its full tracked price history, Lam Research Corporation typically experiences drawdowns averaging 7.3% in depth, with an average duration of 61 days. Lam Research Corporation has gone through 235 total drawdown events in its tracked history. The largest drawdown on record for Lam Research Corporation was 87.9%, beginning in 2000. The longest drawdown duration on record was 2502 days.

The Drawdown Severity Score™ for Lam Research Corporation currently stands at 3.95. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Lam Research Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 235 tracked pullbacks (66 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-07-02Ongoing13 days-22.6%$433.33$335.43n/a
2026-06-232026-06-297 days-9.3%$409.54$371.33$410.91
2026-06-162026-06-183 days-5.0%$388.92$369.34$389.04
2026-06-042026-06-118 days-11.8%$343.71$303.28$362.52
2026-05-272026-06-027 days-1.7%$322.68$317.12$334.41
2026-05-152026-05-217 days-8.6%$299.15$273.38$302.24
2026-05-072026-05-148 days-3.6%$297.17$286.52$299.15
2026-04-152026-05-0521 days-8.7%$272.41$248.75$275.80
2026-02-262026-04-0942 days-20.1%$249.48$199.33$258.76
2026-01-302026-02-2527 days-15.5%$248.17$209.78$249.48
2026-01-222026-01-276 days-4.6%$228.39$217.94$238.46
2026-01-202026-01-212 days-0.2%$222.96$222.41$228.39
2026-01-132026-01-163 days-5.3%$220.40$208.79$222.96
2026-01-072026-01-092 days-2.9%$206.96$200.96$218.36
2025-12-292026-01-025 days-3.9%$178.07$171.18$185.06
2025-12-232025-12-241 day-0.1%$175.26$175.16$177.33
2025-12-122025-12-198 days-8.1%$168.71$154.98$172.27
2025-11-112025-12-1030 days-16.1%$166.37$139.59$168.26
2025-11-062025-11-105 days-3.5%$165.05$159.35$166.37
2025-11-042025-11-052 days-3.4%$161.24$155.78$165.05
2025-10-312025-11-034 days-2.2%$161.01$157.46$161.24
2025-10-282025-10-292 days-0.8%$156.90$155.62$160.67
2025-10-072025-10-2418 days-11.9%$149.15$131.37$151.68
2025-10-032025-10-064 days-0.8%$146.99$145.81$149.15
2025-09-232025-09-308 days-2.9%$131.94$128.13$133.90
2024-07-112025-09-11428 days-47.1%$111.21$58.83$115.35
2024-06-202024-07-0819 days-6.0%$107.49$101.06$108.68
2024-06-142024-06-174 days-0.2%$102.26$102.01$105.53
2024-06-112024-06-122 days-0.3%$98.77$98.44$102.17
2024-03-082024-06-1094 days-12.5%$97.72$85.48$98.77
2024-03-042024-03-063 days-1.9%$96.44$94.63$96.47
2024-02-232024-03-018 days-2.3%$92.79$90.66$96.44
2024-02-202024-02-223 days-2.8%$90.99$88.47$92.79
2024-02-152024-02-162 days-0.2%$89.97$89.78$90.99
2024-02-122024-02-143 days-2.1%$89.57$87.70$89.97
2024-01-262024-02-0915 days-4.7%$85.05$81.08$89.57
2024-01-232024-01-242 days-0.4%$81.90$81.59$83.34
2023-12-272024-01-1924 days-8.1%$78.18$71.83$81.19
2023-12-202023-12-267 days-3.3%$76.74$74.18$78.18
2023-12-182023-12-192 days-0.5%$76.00$75.65$76.74
2023-12-122023-12-132 days-0.3%$72.08$71.85$72.18
2023-11-282023-12-1114 days-3.8%$70.79$68.09$72.08
2023-11-212023-11-277 days-1.6%$70.47$69.31$70.79
2023-07-312023-11-20113 days-18.9%$70.46$57.16$70.47
2022-01-182023-07-28556 days-56.4%$69.85$30.46$70.46
2021-12-302022-01-1416 days-8.6%$69.56$63.58$69.85
2021-12-282021-12-292 days-1.0%$69.24$68.54$69.56
2021-12-092021-12-2719 days-7.2%$68.19$63.27$69.24
2021-12-022021-12-076 days-4.6%$66.23$63.17$67.44
2021-11-302021-12-012 days-0.1%$64.99$64.93$66.23
2021-04-092021-11-29235 days-18.1%$63.51$51.99$64.99
2020-08-052020-11-0593 days-23.6%$36.28$27.70$37.81
2020-02-142020-07-10147 days-45.0%$31.87$17.53$32.04
2018-03-132019-09-05542 days-45.0%$20.49$11.26$20.96
2017-11-222018-03-09108 days-25.7%$19.51$14.50$20.16
2015-03-032016-06-01456 days-26.1%$7.25$5.35$7.26
2007-07-182014-05-232502 days-75.0%$5.11$1.28$5.16
2006-11-212007-07-17238 days-23.3%$4.82$3.70$5.11
2000-04-102006-11-202416 days-87.9%$4.73$0.57$4.82
2000-03-272000-04-0711 days-28.1%$4.62$3.32$4.73
1999-11-151999-12-0622 days-20.4%$2.63$2.09$2.68
1995-07-131999-10-131554 days-87.7%$2.04$0.25$2.04
1994-10-311995-03-23144 days-23.7%$1.32$1.01$1.35
1994-03-081994-09-13189 days-38.7%$1.12$0.68$1.13
1993-09-281994-01-14109 days-29.2%$1.02$0.72$1.04
1992-01-311992-09-21234 days-28.1%$0.29$0.21$0.29
1986-05-141992-01-082066 days-78.0%$0.26$0.06$0.26

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Lam Research Corporation (LRCX) is trading at $335.43 as of Jul 15, 2026. It is 22.6% below its high of $433.33. The drawdown has lasted 13 days. Severity score: 4.0 (Elevated).

LRCX Price History and Drawdown Data

Latest price

$335.43

High-water mark

$433.33

Current drawdown

-22.6%

Days in drawdown

13

This LRCX page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Lam Research Corporation drawdowns.

What History Says About LRCX

Lam Research Corporation has dropped 30%+ from its high 9 times in its tracked history. These events lasted an average of 1156 days with an average max drop of -62.3%.

The current drawdown of -22.6% has lasted 13 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Apr 2000 to Nov 2006-87.9%2416 days
Jul 1995 to Oct 1999-87.7%1554 days
May 1986 to Jan 1992-78.0%2066 days
Jul 2007 to May 2014-75.0%2502 days
Jan 2022 to Jul 2023-56.4%556 days
Jul 2024 to Sep 2025-47.1%428 days

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