Lam Research (NASDAQ:LRCX) Price Target Raised to $315.00

Lam Research (NASDAQ:LRCX) had its price target increased by Jefferies Financial Group from $285.00 to $315.00 in a report issued on Thursday,MarketScreener reports. The brokerage currently has a buy rating on the semiconductor company’s stock.

Several other research firms have also recently weighed in on LRCX. Summit Insights upgraded Lam Research from a “hold” rating to a “buy” rating in a report on Thursday, January 29th. Citic Securities raised their price target on Lam Research from $165.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Citigroup reissued a “buy” rating and set a $315.00 price target (up from $300.00) on shares of Lam Research in a research note on Thursday. UBS Group set a $300.00 target price on Lam Research in a research report on Thursday, January 29th. Finally, Morgan Stanley lifted their target price on Lam Research from $254.00 to $260.00 and gave the company an “equal weight” rating in a research report on Monday, April 6th. Twenty-six research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Lam Research currently has an average rating of “Moderate Buy” and a consensus target price of $284.49.

Lam Research Price Performance

Shares of LRCX stock opened at $267.78 on Thursday. The company has a quick ratio of 1.61, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The business’s fifty day moving average is $234.99 and its 200 day moving average is $198.24. Lam Research has a twelve month low of $68.53 and a twelve month high of $275.84. The stock has a market cap of $334.40 billion, a price-to-earnings ratio of 50.52, a PEG ratio of 2.69 and a beta of 1.78.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The firm had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. During the same period in the prior year, the company posted $1.04 earnings per share. The company’s quarterly revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Research analysts expect that Lam Research will post 5.43 EPS for the current fiscal year.

Lam Research Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.4%. The ex-dividend date was Wednesday, March 4th. Lam Research’s payout ratio is presently 19.62%.

Insider Buying and Selling at Lam Research

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the sale, the chief financial officer owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Eric Brandt sold 35,000 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $225.60, for a total value of $7,896,000.00. Following the sale, the director owned 253,705 shares in the company, valued at approximately $57,235,848. The trade was a 12.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Lam Research

A number of large investors have recently bought and sold shares of the business. Peregrine Asset Advisers Inc. acquired a new position in Lam Research in the 1st quarter worth about $2,664,000. Patten Group Inc. purchased a new stake in Lam Research during the 1st quarter worth approximately $211,000. Strs Ohio increased its stake in Lam Research by 1.9% during the 1st quarter. Strs Ohio now owns 517,744 shares of the semiconductor company’s stock worth $110,621,000 after buying an additional 9,417 shares in the last quarter. Boston Trust Walden Corp grew its position in shares of Lam Research by 3,213.8% in the first quarter. Boston Trust Walden Corp now owns 64,950 shares of the semiconductor company’s stock valued at $13,877,000 after purchasing an additional 62,990 shares in the last quarter. Finally, Keybank National Association OH grew its position in shares of Lam Research by 0.3% in the first quarter. Keybank National Association OH now owns 45,992 shares of the semiconductor company’s stock valued at $9,827,000 after purchasing an additional 135 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research News Summary

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

• Positive Sentiment: Q3 results beat expectations (EPS $1.47, revenue $5.84B) and management gave strong FY guidance tied to AI demand — investors view this as confirmation of a multi-year WFE upcycle. Earnings & press coverage
• Positive Sentiment: Major analysts have lifted price targets across the board (examples: TD Cowen $340, Susquehanna $385, JPMorgan $315, BofA $330), signaling upgraded revenue and margin forecasts driven by AI memory and logic chip spending. Analyst target upgrades
• Positive Sentiment: Several bank research notes reiterated buy/outperform ratings and sizable upside, reinforcing momentum and prompting institutional buyers to add exposure. Deutsche Bank price target raise
• Neutral Sentiment: Broad market action (Dow slip while Nasdaq gains) and strong moves in other chip names (Intel, AMD, Arm) contributed to sector flow into semiconductor-equipment names including LRCX. Market breadth coverage
• Neutral Sentiment: Not all firms moved to buy: a few kept neutral/equal-weight stances (e.g., Morgan Stanley, BNP Paribas), showing some analysts want to see more cycles of delivery before upgrading conviction. Morgan Stanley note
• Negative Sentiment: Valuation concerns: commentary and analysis warn the stock reflects a lot of AI upside already — some investors may view multiple and momentum as stretched, which could amplify pullbacks on any growth-slow surprises. Valuation caution analysis

About Lam Research

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.