Let $f(x) = x + 2 \pi \lambda \sin(x)$. There are fixed points $n \pi$ where $f(x)=x$ corresponding to constant solutions. A fixed point $p$ is unstable if $|f'(p)| > 1$ and stable if $|f'(p)| < 1$.
In this case $f'(n\pi) = 1 + 2 \pi \lambda (-1)^n$, so for $n$ odd the fixed point $n \pi$ is stable for $0 < \lambda < 1/\pi$ and for $n$ even it is stable for $-1/\pi < \lambda < 0$. Of course for $\lambda = 0$ the recurrence is just $x_{n+1}=x_n$ and all points are stable fixed points.
But "stable" and "unstable" applies to **solutions** , not the **equation**. When a solution becomes unstable, another one may take its place. In this case when $\lambda$ increases past $1/\pi$, it appears that you get stable $2$-cycles for a while, then a period-doubling cascade and then mostly chaos, which is typical for this kind of dynamical system.