Lam Research (NASDAQ:LRCX) Price Target Raised to $335.00

Lam Research (NASDAQ:LRCX) had its price objective raised by Berenberg Bank from $265.00 to $335.00 in a report published on Thursday,MarketScreener reports. They currently have a buy rating on the semiconductor company’s stock.

LRCX has been the topic of a number of other reports. New Street Research boosted their price objective on Lam Research from $140.00 to $235.00 and gave the company a “neutral” rating in a research report on Tuesday, March 31st. Rothschild & Co Redburn increased their target price on Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Stifel Nicolaus increased their target price on Lam Research from $280.00 to $300.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Bank of America raised their price target on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. 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 analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $284.49.

Lam Research Stock Up 3.6%

Shares of Lam Research stock opened at $267.78 on Thursday. The stock has a 50-day simple moving average of $234.99 and a 200-day simple moving average of $198.24. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.61. Lam Research has a 52-week low of $68.53 and a 52-week high of $275.84. The firm has a market cap of $334.40 billion, a price-to-earnings ratio of 50.52, a P/E/G ratio of 2.69 and a beta of 1.78.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share 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 business had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. During the same period last year, the business earned $1.04 EPS. The firm’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. On average, equities research analysts expect that Lam Research will post 5.43 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders 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 annualized dividend and a dividend yield of 0.4%. Lam Research’s dividend payout ratio is presently 19.62%.

Insider Activity at Lam Research

In other news, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the transaction, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. This trade represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ava Harter sold 1,500 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $222.66, for a total value of $333,990.00. Following the sale, the insider directly owned 53,205 shares of the company’s stock, valued at $11,846,625.30. The trade was a 2.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 130,886 shares of company stock worth $29,658,802 in the last 90 days. Corporate insiders own 0.31% of the company’s stock.

Hedge Funds Weigh In On Lam Research

Large investors have recently made changes to their positions in the stock. Peregrine Asset Advisers Inc. bought a new stake in Lam Research during the first quarter valued at $2,664,000. Patten Group Inc. purchased a new position in Lam Research during the 1st quarter valued at about $211,000. Strs Ohio increased its holdings in Lam Research by 1.9% during the 1st quarter. Strs Ohio now owns 517,744 shares of the semiconductor company’s stock valued at $110,621,000 after purchasing an additional 9,417 shares during the period. Boston Trust Walden Corp grew its holdings in shares of Lam Research by 3,213.8% during the 1st quarter. Boston Trust Walden Corp now owns 64,950 shares of the semiconductor company’s stock worth $13,877,000 after acquiring an additional 62,990 shares during the period. Finally, Keybank National Association OH grew its holdings in shares of Lam Research by 0.3% during the 1st quarter. Keybank National Association OH now owns 45,992 shares of the semiconductor company’s stock worth $9,827,000 after acquiring an additional 135 shares during the period. 84.61% of the stock is owned by institutional investors.

Lam Research News Roundup

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.