MEDIUM confidence: 100% data completeness, but the composite (52) sits in the indecisive 30–70 range — strong-buy and short calls require a more decisive composite. What does confidence mean?
Technical context for active traders — derived from price, the 50/200-day moving averages, the 52-week range, and recent volume. Not part of the QScore.
Fama-French 5-factor (2×3) + Momentum, monthly OLS with Newey-West errors. Bars show signed factor betas; faded bars/figures aren't statistically significant.
Avg target $365 (last qtr, 18 analysts) → $426 (last mo, 7) (+17.0%).
Buy-rated share 73% → 78% over ~3 months (+5pp).
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Apr 2026 | $1.36 | $1.47 | +8.1% |
| Jan 2026 | $1.17 | $1.27 | +8.5% |
| Oct 2025 | $1.22 | $1.26 | +3.3% |
| Jul 2025 | $1.21 | $1.33 | +9.9% |
| Apr 2025 | $1.00 | $1.04 | +4.0% |
| Jan 2025 | $0.88 | $0.91 | +3.6% |
| Oct 2024 | $0.81 | $0.86 | +6.2% |
| Jul 2024 | $0.76 | $0.81 | +6.9% |
| Metric (USD) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $14.6B— | $17.2B+17.8% | $17.4B+1.2% | $14.9B-14.5% | $18.4B+23.7% |
| EPS (dil.) | $2.69— | $3.27+21.6% | $3.32+1.5% | $2.90-12.7% | $4.15+43.1% |
| Free Cash Flow | $3.2B— | $2.6B-21.2% | $4.7B+83.2% | $4.3B-9.0% | $5.4B+27.2% |
| Gross Margin | 46.5% | 45.7%-0.8pp | 44.6%-1.1pp | 47.3%+2.7pp | 48.7%+1.4pp |
| Operating Margin | 30.6% | 31.2%+0.6pp | 29.7%-1.5pp | 28.6%-1.1pp | 32.0%+3.4pp |
| Net Margin | 26.7% | 26.7%+0.0pp | 25.9%-0.8pp | 25.7%-0.2pp | 29.1%+3.4pp |
Absolute figures with year-over-year change. Margins show the level with the change in percentage points (pp). “n/m” = not meaningful (prior ≤ 0); ⚠ marks a large percentage off a small base — read the dollar figure.
Net buyback (repurchases less issuance) ÷ market cap, plus trailing dividend yield.
Net insider -$69.5M over 180 days (0 open-market buys, 50 sells). Insider buying is the informative signal; routine selling is normal.
Short interest, days-to-cover, and institutional-ownership change require a data-plan upgrade (not yet available).
Forward-return IC, quintile spread & hit rate publish on /performance as the tracking panel accrues enough no-look-ahead history.
Lam Research Corporation's QScore of 52 indicates a neutral outlook, driven by strong momentum and profitability scores, which are offset by lower value and risk scores. The stock exhibits strong momentum, with a 12-month return of 294.8%, and scores high on profitability, with an ROE near 66%. However, it trades at a premium, with a P/E of 71.3, contributing to its lower value score. The long-term and short-term scores diverge, with the short-term score being 9 points higher, suggesting a recent surge in performance.