Lam Research Corporation (NASDAQ:LRCX) Receives $358.97 Consensus Price Target from Brokerages

Lam Research Corporation (NASDAQ:LRCX) has received an average rating of “Moderate Buy” from the thirty-two brokerages that are presently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation, twenty-six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $361.8067.

Several research firms recently weighed in on LRCX. Jefferies Financial Group set a $335.00 price target on Lam Research and gave the company a “buy” rating in a report on Thursday, July 30th. Raymond James Financial set a $425.00 price objective on shares of Lam Research in a research note on Wednesday, June 10th. Weiss Ratings cut shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 target price on shares of Lam Research in a research note on Thursday, July 30th. Finally, Stifel Nicolaus raised their target price on shares of Lam Research from $325.00 to $425.00 and gave the stock a “buy” rating in a report on Friday, July 10th.

Insiders Place Their Bets

In other Lam Research news, insider Ava Harter sold 5,000 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $302.46, for a total value of $1,512,300.00. Following the completion of the sale, the insider owned 42,462 shares of the company’s stock, valued at $12,843,056.52. This trade represents a 10.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total value of $3,007,970.18. Following the transaction, the director owned 20,995 shares of the company’s stock, valued at $6,607,966.30. This trade represents a 31.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 32,839 shares of company stock valued at $10,644,740 over the last 90 days. Insiders own 0.31% of the company’s stock.

Hedge Funds Weigh In On Lam Research

Large investors have recently bought and sold shares of the business. Bouchey Financial Group Ltd. grew its position in Lam Research by 14.6% in the 2nd quarter. Bouchey Financial Group Ltd. now owns 2,224 shares of the semiconductor company’s stock valued at $964,000 after acquiring an additional 284 shares during the last quarter. Core Capital Management & Research inc. bought a new stake in shares of Lam Research during the second quarter worth $65,000. The Manufacturers Life Insurance Company lifted its position in shares of Lam Research by 16.8% during the second quarter. The Manufacturers Life Insurance Company now owns 964,364 shares of the semiconductor company’s stock worth $417,888,000 after purchasing an additional 138,754 shares during the last quarter. Capstone Financial Advisors Inc. boosted its stake in shares of Lam Research by 14.8% during the second quarter. Capstone Financial Advisors Inc. now owns 5,710 shares of the semiconductor company’s stock valued at $2,474,000 after purchasing an additional 737 shares during the period. Finally, IPG Investment Advisors LLC boosted its stake in shares of Lam Research by 2.2% during the second quarter. IPG Investment Advisors LLC now owns 7,567 shares of the semiconductor company’s stock valued at $3,281,000 after purchasing an additional 163 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Trading Down 5.6%

Shares of NASDAQ LRCX opened at $298.01 on Tuesday. The business’s 50 day moving average is $314.44 and its two-hundred day moving average is $293.79. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. Lam Research has a 1-year low of $108.29 and a 1-year high of $438.50. The stock has a market capitalization of $372.91 billion, a P/E ratio of 51.74, a PEG ratio of 1.25 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.13. The business had revenue of $6.72 billion during the quarter, compared to analyst estimates of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The company’s revenue for the quarter was up 30.0% on a year-over-year basis. During the same period last year, the company earned $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, research analysts expect that Lam Research will post 9.33 EPS for the current year.

Lam Research Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd will be given a $0.33 dividend. This is an increase from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $1.32 dividend on an annualized basis and a yield of 0.4%. Lam Research’s dividend payout ratio is currently 18.06%.

Trending Headlines about Lam Research

Here are the key news stories impacting Lam Research this week:

• Positive Sentiment: Industry forecasts point to strong demand for wafer-fabrication equipment. Spending is projected to increase 16.9% to $135.2 billion in 2026, while DRAM and NAND investment is expected to grow faster as artificial-intelligence workloads drive demand for high-bandwidth memory, advanced DRAM and enterprise storage. Lam Research is viewed as having particularly strong exposure to the memory recovery. 3 Chip Equipment Stocks Set to Win the Memory Boom
• Positive Sentiment: Lam Research returned $5.12 billion to shareholders in fiscal 2026 through buybacks and dividends, including a 27% dividend increase. Strong earnings and capital returns remain supportive for long-term investors. Lam Research Returns $5B+ to Shareholders in FY26
• Positive Sentiment: Recent conference coverage and analyst commentary continue to emphasize Lam Research’s competitive positioning, memory exposure and wide economic moat. Its latest reported quarter also exceeded consensus estimates for earnings and revenue, with revenue up 30% year over year.
• Neutral Sentiment: Reported September short interest was zero shares, implying no meaningful short-selling pressure. However, the data appears unreliable because it shows no change from the prior period and a zero days-to-cover ratio.
• Neutral Sentiment: Several reports describe clinical studies involving “Lam Research,” but these appear unrelated to the semiconductor-equipment company and should not be treated as LRCX news.
• Negative Sentiment: Director Bethany Mayer sold 9,557 shares for approximately $3.0 million, reducing her holdings by 31.28%. The transaction may weigh modestly on sentiment, although a single insider sale is not necessarily evidence of deteriorating fundamentals. SEC insider transaction filing

About Lam Research

Lam Research Corporation is a semiconductor equipment company that develops and manufactures systems used in the fabrication of integrated circuits. Its equipment supports key wafer-processing steps, including deposition, etch, wafer cleaning, and related processes used to create and connect the microscopic features found on semiconductor devices.

The company serves semiconductor manufacturers producing a range of products, including memory, logic, and specialty chips. In addition to manufacturing equipment, Lam Research provides installation, maintenance, spare parts, upgrades, technical support, and other services intended to help customers operate and improve their fabrication facilities.

Founded in 1980, Lam Research is headquartered in Fremont, California, and serves customers through a global network of offices, engineering facilities, and support operations.