Lam Research Corporation (NASDAQ:LRCX) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Lam Research Corporation (NASDAQ:LRCX) have been assigned an average recommendation of “Moderate Buy” from the thirty-five ratings firms that are covering the firm, Marketbeat reports. Eight equities research analysts have rated the stock with a hold recommendation and twenty-seven have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $246.3188.

LRCX has been the topic of several recent analyst reports. Rothschild & Co Redburn increased their price objective on shares of Lam Research from $225.00 to $265.00 and gave the company a “buy” rating in a report on Friday, February 6th. Cantor Fitzgerald restated an “overweight” rating and set a $320.00 price target (up from $265.00) on shares of Lam Research in a research report on Thursday, January 29th. Evercore set a $275.00 price objective on Lam Research in a report on Thursday, January 29th. HSBC boosted their price objective on Lam Research from $181.00 to $221.00 and gave the stock a “hold” rating in a research note on Friday, January 30th. Finally, New Street Research lifted their price target on Lam Research from $140.00 to $235.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 31st.

Insiders Place Their Bets

In other news, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. This trade represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Ava Harter sold 1,500 shares of the stock in a transaction dated 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 owned 53,205 shares of the company’s stock, valued at approximately $11,846,625.30. The trade was a 2.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 130,886 shares of company stock valued at $29,658,802 in the last 90 days. 0.31% of the stock is owned by insiders.

Institutional Investors Weigh In On Lam Research

Large investors have recently made changes to their positions in the stock. Triumph Capital Management boosted its stake in Lam Research by 22.5% during the fourth quarter. Triumph Capital Management now owns 245 shares of the semiconductor company’s stock worth $42,000 after buying an additional 45 shares during the last quarter. Traphagen Investment Advisors LLC raised its holdings in shares of Lam Research by 2.4% during the 4th quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock worth $336,000 after acquiring an additional 46 shares during the period. Bank of Jackson Hole Trust raised its holdings in shares of Lam Research by 12.6% during the 4th quarter. Bank of Jackson Hole Trust now owns 428 shares of the semiconductor company’s stock worth $73,000 after acquiring an additional 48 shares during the period. Field & Main Bank boosted its position in shares of Lam Research by 1.1% during the 4th quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company’s stock valued at $790,000 after acquiring an additional 50 shares during the last quarter. Finally, Capital Advisors Ltd. LLC boosted its position in shares of Lam Research by 1.1% during the 4th quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company’s stock valued at $795,000 after acquiring an additional 51 shares during the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Lam Research Stock Up 1.9%

Lam Research stock opened at $263.66 on Friday. The stock has a market capitalization of $329.25 billion, a PE ratio of 54.03, a price-to-earnings-growth ratio of 2.76 and a beta of 1.78. Lam Research has a 12 month low of $61.14 and a 12 month high of $268.23. The business has a 50 day simple moving average of $227.64 and a 200-day simple moving average of $188.95. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same quarter last year, the firm posted $0.91 EPS. The business’s revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, analysts anticipate that Lam Research will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th were issued a $0.26 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Lam Research’s dividend payout ratio (DPR) is presently 21.31%.

Key Lam Research News

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

• Positive Sentiment: Susquehanna raised its price target on LRCX to $350 (from $325) and kept a “positive” rating, signaling strong analyst conviction and implying roughly ~32.8% upside from the cited reference price — a catalyst that can drive buying interest. MarketScreener
• Positive Sentiment: 24/7 Wall St. published a bullish target of $253.16 on LRCX (14.7% upside vs. its reference price), citing strong earnings growth — another favorable independent valuation backing the recent rally. 24/7 Wall St. Article
• Positive Sentiment: Coverage noting an analyst upgrade (reported by AmericanBankingNews/Benzinga) has already coincided with intraday gains, reinforcing momentum as investors re-rate Lam on better-than-expected results and outlook trends. AmericanBankingNews
• Neutral Sentiment: A Yahoo Finance piece examines Lam’s valuation after recent share-price momentum, prompting investors to reassess whether the current multiple fairly reflects continued growth — relevant for longer-term position sizing. Yahoo Finance
• Negative Sentiment: Broader-market weakness linked to fading optimism over a U.S.–Iran ceasefire could pressure cyclical names, including semiconductor equipment suppliers like Lam, if risk-off flows intensify. Barchart

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.