Lam Research Corporation (NASDAQ:LRCX) Receives $125.08 Consensus Target Price from Analysts

Shares of Lam Research Corporation (NASDAQ:LRCX) have earned an average rating of “Moderate Buy” from the thirty-two ratings firms that are covering the firm, Marketbeat reports. Eight equities research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $128.04.

A number of research analysts have recently commented on the company. Oppenheimer raised their target price on Lam Research from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. KeyCorp raised their target price on Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Tuesday, July 15th. The Goldman Sachs Group raised their target price on Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Hsbc Global Res upgraded Lam Research to a “hold” rating in a research note on Tuesday, September 30th. Finally, B. Riley raised their target price on Lam Research from $160.00 to $175.00 and gave the company a “buy” rating in a research note on Monday.

Lam Research Trading Down 2.6%

NASDAQ LRCX opened at $141.25 on Friday. Lam Research has a fifty-two week low of $56.32 and a fifty-two week high of $153.70. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. The stock has a 50 day simple moving average of $121.38 and a two-hundred day simple moving average of $98.38. The stock has a market cap of $178.12 billion, a P/E ratio of 33.95, a price-to-earnings-growth ratio of 1.76 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.04. The business had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The business’s revenue was up 27.7% on a year-over-year basis. During the same quarter last year, the business posted $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, analysts forecast that Lam Research will post 3.71 earnings per share for the current year.

Lam Research Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th were paid a dividend of $0.26 per share. The ex-dividend date was Wednesday, September 24th. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. Lam Research’s dividend payout ratio (DPR) is presently 25.00%.

Insider Transactions at Lam Research

In other Lam Research news, SVP Vahid Vahedi sold 52,190 shares of Lam Research stock in a transaction on Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the completion of the transaction, the senior vice president owned 251,047 shares in the company, valued at approximately $34,870,428.30. The trade was a 17.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.31% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LRCX. Empowered Funds LLC lifted its holdings in shares of Lam Research by 10.5% during the first quarter. Empowered Funds LLC now owns 187,472 shares of the semiconductor company’s stock valued at $13,629,000 after purchasing an additional 17,833 shares in the last quarter. Pinnacle Financial Partners Inc bought a new position in Lam Research during the first quarter valued at approximately $201,000. Cookson Peirce & Co. Inc. purchased a new stake in Lam Research in the first quarter worth approximately $607,000. China Universal Asset Management Co. Ltd. grew its position in Lam Research by 27.1% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 49,505 shares of the semiconductor company’s stock worth $3,607,000 after purchasing an additional 10,565 shares during the period. Finally, Glass Wealth Management Co LLC raised its stake in Lam Research by 8.5% during the 2nd quarter. Glass Wealth Management Co LLC now owns 28,870 shares of the semiconductor company’s stock valued at $2,810,000 after buying an additional 2,270 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Company Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.