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Head-to-head · Stock vs Stock

Applied Materials vs Lam Research

Stock·NASDAQ

Applied Materials Inc. AMAT

$372.63 ▲ 0.56%
Hold
56 / 100 AI score
Full AMAT analysis →
vs

Stock·NASDAQ

Lam Research Corp. LRCX

$222.39 ▲ 0.49%
Hold
56 / 100 AI score
Full LRCX analysis →
Last updated: (22h 51m ago) • analysis written when AMAT was at $332.72 and LRCX at $221.31
CleaRank Financial AI • Data from TwelveData
Method reviewed by Jacob Bakshi, Senior Market Strategist. Figures come from market data providers; the text is written by CleaRank Financial AI and passes automated checks before it publishes. Updated daily. Not financial advice. How this page is made · Report an error
01

AMAT vs LRCX: the verdict

How AMAT and LRCX compare today, and what CleaRank Financial AI makes of it.

The verdict

CleaRank Financial AI Level on score
AMAT LRCX
56/100 AI score 56/100
+58.5% 1-year change +33.7%
90.3% Volatility (30d, yearly) 102.4%
42.0 RSI (14-day) 39.8
32.2x P/E ratio 33.0x
0.53% Dividend yield 0.50%
The verdict
AMAT and LRCX score the same on CleaRank's model, 56/100 (Hold). The widest gap is revenue growth: for LRCX, revenue grew 29.99%, 5.8 percentage points faster than the sector median. For AMAT, revenue grew 11.41%, 12.8 percentage points slower than the sector median.
Outlook
LRCX would need to regain its 50-day average at $282.76 and its 200-day at $284.03 to turn its downtrend.
02

Price, side by side

Both prices start at 0% on the first day of the period you pick, so the moves compare directly.

Rebased price

Dec '25Feb '26Apr '26Jul '26Sep '26Nov '26
AMAT LRCX

Over 1 year: AMAT gained 58.5% and LRCX gained 33.7%, a gap of 24.8 points in AMAT's favour.

03

Valuation and profitability

What each costs relative to its earnings and sales, and how much of its revenue it keeps.

Side by side

Valuation

Lower multiples mean you pay less for each dollar of earnings or sales.

AMAT LRCX
$295.7B Market cap $277.8B
32.2x P/E ratio 33.0x
9.5x Price / sales 10.6x
11.5x Price / book 19.9x
28.8x EV / EBITDA 27.0x

Profitability

How much of each dollar of revenue becomes profit, and how hard the capital works.

AMAT LRCX
+11.4% Revenue growth (quarter, y/y) +30.0%
30.1% Net margin 32.3%
41.1% Return on equity 70.1%
15.5% Return on assets 25.0%
0.29 Debt / equity 0.27
On valuation
LRCX trades on the higher trailing P/E, 32.98 against 28.71 for AMAT. Both P/Es are broadly in line with peers, against a Technology median of 35.1. On sales, LRCX is valued higher, at 10.58 times against 8.56. LRCX is the larger company, worth $276.5B against $264.0B.
On profitability
LRCX turns more of its sales into profit, with a net margin of 32.34% compared with 30.05% for AMAT. Its return on equity is also higher, at 70.12% against 41.07%. Measured year on year for the latest quarter, AMAT's revenue grew 11.41% and LRCX's grew 29.99%. AMAT pays a trailing dividend yield of 0.60%, while LRCX's is 0.50%.

Earnings reality check

AMAT

AMAT beat the estimate in 8 of its last 8 reports (latest Aug '26); the shares fell in the first session after 6 of those beats.

Surprise
Next session
Feb '25Aug '25Feb '26Aug '26

LRCX

LRCX beat the estimate in 7 of its last 7 reports (latest Oct '26); the shares fell in the first session after 3 of those beats.

Surprise
Next session
Jan '25Jul '25Apr '26Oct '26
04

Momentum and sentiment

The indicators behind each AI score, side by side.

Indicators side by side

AMAT LRCX
56/100 AI score 56/100
42.0 RSI (14-day) 39.8
-15.6% Price against 50-day average -20.9%
-16.4% Price against 200-day average -21.7%
Technicals
AMAT is in a downtrend, trading 15.56% below its 50-day average and 16.42% below its 200-day average. Its 14-day RSI is 42.0, in the neutral zone, with the MACD line negative. LRCX is in a downtrend, trading 20.91% below its 50-day average and 21.70% below its 200-day average. Its 14-day RSI is 39.8, in the bearish zone, with the MACD line negative. LRCX sits higher in its 52-week range, at 28% against 24% for AMAT.
Sentiment
Of the 34 analysts covering LRCX, 30 rate it buy, 4 hold and 0 sell; their median target is $352.50, 59.3% above the price.
05

Risk and practical tips

How much each moves, how much return each has paid for that risk, and what to watch if you hold either.

Risk measures

AMAT LRCX
90.3% Volatility (30d, yearly) 102.4%
1.67 Beta against the S&P 500 2.01
0.79 Sharpe ratio 1.06
Risk
LRCX typically moves more in a day, 5.24% against 4.21% for AMAT. Against the S&P 500, AMAT has a beta of 1.67 and LRCX 2.01. Their worst falls in the price history were 55.8% for AMAT (June 2026 to November 2026) and 57.2% for LRCX. On these measures together, LRCX is the riskier of the two.
ProTips
  1. For LRCX, watch the 20-day EMA at $243.54 above the price and the 52-week low at $135.50 below it.
06

AMAT vs LRCX: long-term scenarios

Simulated paths from each price history. A range of outcomes, not a forecast.

Simulated growth of $10,000

202620282030203220342035
AMAT median AMAT 90th LRCX median LRCX 90th
AMAT LRCX
$4,561 Downside, 2035 (10th) $4,349
$26,177 Base case, 2035 (median) $26,964
$150,220 Upside, 2035 (90th) $167,200

In the median simulated path, $10,000 in AMAT grows to about $26,200 and $10,000 in LRCX grows to about $27,000 by 2035. The paths come from each asset's own volatility and capped historical trend; they are statistical outcomes, not forecasts. AMAT and LRCX's upside columns reach an extreme multiple of the starting amount; treat them as a statistical tail, not a likely outcome.

07

AMAT vs LRCX: questions people ask

Answered from the figures on this page.

Frequently Asked Questions

Which is better, AMAT or LRCX?+
They score the same on CleaRank's model, 56/100. This describes the data on this page and is not a personal recommendation.
Which has performed better over the past year, AMAT or LRCX?+
Over the past year AMAT has performed better. Its price rose 42.47%, while LRCX's rose 38.88%.
Which is cheaper on earnings, AMAT or LRCX?+
On trailing P/E, AMAT is the cheaper of the two, at 28.71 against 32.98 for LRCX.
Which pays more income, AMAT or LRCX?+
AMAT's yield is higher, at 0.60% against 0.50% for LRCX. Yield is the payout divided by the price, so it moves whenever either of those moves.
Which is riskier, AMAT or LRCX?+
LRCX is the riskier of the two on the measures we track. Average daily move: 4.21% for AMAT, 5.24% for LRCX. Beta against the S&P 500: 1.67 for AMAT, 2.01 for LRCX. Worst fall in the price history: 55.8% for AMAT, 57.2% for LRCX.
Which has stronger momentum right now, AMAT or LRCX?+
LRCX's 14-day RSI is higher, at 39.3 (bearish), than AMAT's 30.5 (bearish). Both MACD lines are negative. Readings above 70 or below 30 signal stretched momentum.
What do analysts say about AMAT and LRCX?+
AMAT has 35 buy ratings out of 41, and its median target sits 83.3% above the price. LRCX has 30 buy ratings out of 34, with a median target 59.3% above its price.

Disclaimer: CleaRank.com is a financial data and analytics provider, not a registered investment advisor, broker-dealer, or financial regulatory body. This AI-generated comparison of AMAT vs LRCX is for educational and informational purposes only and does not constitute financial advice, investment recommendations, or an offer to buy or sell any securities or digital assets. The comparison metrics and AI signals are hypothetical, hindsight-based, and simulated. Different asset classes carry different risk profiles: stocks, ETFs, cryptocurrencies, commodities, and forex each have unique regulatory frameworks and risk factors. Market data is provided "as-is" and may be delayed by up to a minute. Past performance does not guarantee future results. You should never invest money you cannot afford to lose. Consult a qualified financial advisor before making any investment decisions. Analysis generated on November 11, 2026.