Lam Research (NASDAQ:LRCX) Price Target Raised to $325.00

Lam Research (NASDAQ:LRCX) had its target price boosted by Stifel Nicolaus from $300.00 to $325.00 in a research note released on Thursday morning, Marketbeat Ratings reports. The brokerage currently has a buy rating on the semiconductor company’s stock.

A number of other brokerages have also recently weighed in on LRCX. Evercore set a $275.00 price target on Lam Research in a research report on Thursday, January 29th. Wells Fargo & Company lifted their price objective on Lam Research from $250.00 to $290.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. TD Cowen boosted their target price on shares of Lam Research from $170.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Jefferies Financial Group upped their target price on shares of Lam Research from $285.00 to $315.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Morgan Stanley increased their target price on shares of Lam Research from $254.00 to $260.00 and gave the stock an “equal weight” rating in a research report on Monday, April 6th. Twenty-six investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus price target of $284.49.

Lam Research Stock Up 3.6%

NASDAQ LRCX opened at $267.78 on Thursday. The company has a current ratio of 2.54, a quick ratio of 1.61 and a debt-to-equity ratio of 0.35. The stock’s 50 day moving average is $234.99 and its two-hundred day moving average is $198.24. The company has a market capitalization 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 has a 1-year low of $68.53 and a 1-year high of $275.84.

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

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th were paid a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Lam Research’s payout ratio is currently 19.62%.

Insider Transactions at Lam Research

In other news, Director Eric Brandt sold 35,000 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the completion of the sale, the director directly owned 253,705 shares in the company, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research 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 completion of the transaction, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. This represents a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 130,886 shares of company stock worth $29,658,802. Insiders own 0.31% of the company’s stock.

Institutional Trading of Lam Research

Hedge funds have recently modified their holdings of the stock. Vermillion Wealth Management Inc. acquired a new position in Lam Research during the 1st quarter worth $26,000. PMV Capital Advisers LLC bought a new position in Lam Research in the 4th quarter valued at $25,000. Bayban acquired a new stake in shares of Lam Research in the 4th quarter valued at $26,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Lam Research in the 4th quarter valued at $27,000. Finally, Core Wealth Advisors LLC bought a new stake in shares of Lam Research during the fourth quarter worth $29,000. 84.61% of the stock is owned by institutional investors.

Trending Headlines about Lam Research

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

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.