Zacks Research lowered shares of Lam Research (NASDAQ:LRCX – Free Report) from a strong-buy rating to a hold rating in a research report report published on Monday,Zacks.com reports.
Other equities analysts have also issued research reports about the stock. Argus increased their price target on shares of Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. Mizuho set a $265.00 price target on shares of Lam Research in a research report on Wednesday, January 28th. The Goldman Sachs Group set a $262.00 price target on shares of Lam Research and gave the company a “buy” rating in a research report on Thursday, January 29th. Royal Bank Of Canada restated an “outperform” rating and set a $290.00 price target (up from $260.00) on shares of Lam Research in a research report on Thursday, January 29th. Finally, Evercore set a $275.00 price target on shares of Lam Research in a research report on Thursday, January 29th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $245.54.
View Our Latest Report on LRCX
Lam Research Stock Performance
Lam Research (NASDAQ:LRCX – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.10. The company had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities research analysts forecast that Lam Research will post 3.71 EPS for the current fiscal year.
Lam Research Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Wednesday, March 4th. Lam Research’s dividend payout ratio is presently 21.31%.
Insider Transactions at Lam Research
In related news, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the sale, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. This trade represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Ava Harter sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $222.66, for a total transaction of $333,990.00. Following the completion of the sale, the insider directly owned 53,205 shares in the company, valued at $11,846,625.30. This represents a 2.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 130,886 shares of company stock valued at $29,658,802. 0.31% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Lam Research
A number of institutional investors and hedge funds have recently bought and sold shares of LRCX. Norges Bank purchased a new stake in Lam Research in the fourth quarter valued at approximately $3,645,427,000. Price T Rowe Associates Inc. MD raised its stake in Lam Research by 352.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,695,210 shares of the semiconductor company’s stock valued at $2,344,347,000 after purchasing an additional 10,666,540 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Lam Research by 781.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock valued at $1,518,542,000 after purchasing an additional 10,053,978 shares in the last quarter. Franklin Resources Inc. raised its stake in Lam Research by 57.0% in the fourth quarter. Franklin Resources Inc. now owns 10,110,560 shares of the semiconductor company’s stock valued at $1,730,724,000 after purchasing an additional 3,671,073 shares in the last quarter. Finally, Corient Private Wealth LLC raised its stake in Lam Research by 235.5% in the fourth quarter. Corient Private Wealth LLC now owns 5,199,441 shares of the semiconductor company’s stock valued at $890,040,000 after purchasing an additional 3,649,553 shares in the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting Lam Research
Here are the key news stories impacting Lam Research this week:
- Positive Sentiment: Q2 fiscal 2026 results and AI demand — Social and coverage summaries emphasize Lam’s Q2 revenue beat (~$5.34B, +22% y/y) and management commentary that AI-related demand is driving strength; traders are focused on the April 22 earnings call for margin guidance and China exposure. Lam Research Stock (LRCX) Opinions on AI-Driven Revenue Growth
- Positive Sentiment: Analyst upgrades & price-target momentum — Recent analyst notes and a Morgan Stanley forecast point to further upside; consensus coverage is heavily skewed to Buy and median price target sits near $262, supporting the bullish trade. Morgan Stanley Forecasts Strong Price Appreciation for Lam Research (NASDAQ:LRCX) Stock
- Positive Sentiment: Cantor Fitzgerald presentation — Management reiterated AI-driven growth, strong operations and multi-year tailwinds at the conference, reinforcing the narrative that Lam is a core supplier for advanced logic and AI chip production. Here’s What Lam Research (LRCX) Highlighted at Cantor Fitzgerald Conference
- Positive Sentiment: Broader market tailwind — A Nasdaq-led rebound lifted semiconductor peers, amplifying gains in LRCX as momentum traders rotate into the group. Nasdaq tech leads strong Wall Street rebound after Iran ceasefire deal
- Neutral Sentiment: Institutional flows mixed — Large portfolio moves are two-sided (some big additions, some large repositions), meaning ownership shifts could amplify volatility but don’t clearly change the long-term story. Lam Research Stock (LRCX) Opinions on AI-Driven Revenue Growth
- Negative Sentiment: Heavy insider selling — Company insiders have only sold shares in recent months (multiple senior executives), which can be read as a near-term red flag for some investors. Lam Research Stock (LRCX) Opinions on AI-Driven Revenue Growth
- Negative Sentiment: Valuation and a small downgrade — Commentary notes elevated valuations that could temper near-term gains, and Zacks moved LRCX from Strong-Buy to Hold, which may slow some momentum buying. Zacks.com
Lam Research Company Profile
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.
Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.
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