Lam Research FY2026 EPS Estimate Raised by Erste Group Bank

Lam Research Corporation (NASDAQ:LRCX) – Equities researchers at Erste Group Bank raised their FY2026 EPS estimates for Lam Research in a research note issued on Wednesday, February 18th. Erste Group Bank analyst S. Lingnau now forecasts that the semiconductor company will post earnings of $5.31 per share for the year, up from their prior estimate of $5.30. The consensus estimate for Lam Research’s current full-year earnings is $3.71 per share. Erste Group Bank also issued estimates for Lam Research’s FY2027 earnings at $7.00 EPS.

A number of other analysts also recently weighed in on the stock. Dbs Bank increased their target price on shares of Lam Research from $119.40 to $184.20 in a research report on Monday, October 27th. Argus lifted their target price on shares of Lam Research from $175.00 to $280.00 in a research note on Tuesday, February 3rd. Stifel Nicolaus upped their price target on shares of Lam Research from $250.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. TD Cowen lifted their price objective on Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Finally, Wall Street Zen cut Lam Research from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $244.88.

Lam Research Price Performance

Shares of LRCX opened at $244.92 on Monday. The business has a 50-day moving average of $209.11 and a 200-day moving average of $160.75. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61. The company has a market capitalization of $305.85 billion, a price-to-earnings ratio of 50.19, a price-to-earnings-growth ratio of 2.63 and a beta of 1.78. Lam Research has a 1 year low of $56.32 and a 1 year high of $251.87.

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, topping the consensus estimate of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The business had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. During the same period last year, the company earned $0.91 EPS. Lam Research’s revenue for the quarter was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS.

Hedge Funds Weigh In On Lam Research

Hedge funds have recently added to or reduced their stakes in the stock. PMV Capital Advisers LLC purchased a new position in Lam Research during the 4th quarter worth $25,000. Mcguire Capital Advisors Inc. bought a new stake in Lam Research in the 4th quarter worth about $27,000. Core Wealth Advisors LLC purchased a new stake in Lam Research in the 4th quarter valued at about $29,000. University of Illinois Foundation bought a new position in shares of Lam Research during the 4th quarter worth approximately $30,000. Finally, Wilkerson Advisory Group LLC purchased a new position in shares of Lam Research in the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Buying and Selling

In other Lam Research news, Director Eric Brandt sold 35,000 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the transaction, the director owned 253,705 shares in the company, valued at approximately $57,235,848. This represents a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.31% of the company’s stock.

Lam Research Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be given a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.04 annualized dividend and a yield of 0.4%. Lam Research’s dividend payout ratio (DPR) is presently 21.31%.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: TD Cowen raised its price target sharply to $290 (from $170) and kept a Buy rating, highlighting the large 2026 WFE market opportunity that benefits Lam. Is Lam Research (LRCX) One of the Best Growth Stocks to Buy for the Next 20 Years?
• Positive Sentiment: BofA’s Vivek Arya named Lam his top semiconductor-equipment pick, citing a projected ~$135B industry spending surge in 2026 as AI demand forces multi-year factory investment — a direct tailwind for Lam’s tools. Lam Research Named Top Semiconductor Pick As AI-Driven Manufacturing Supercycle Shifts Into High Gear
• Positive Sentiment: Lam’s Boise expansion strengthens its operational ties with Micron and positions the company to capture increased demand for AI memory production equipment. This local expansion is being read as evidence of customers ramping capacity. Lam Research Boise Expansion Deepens Micron Ties In AI Memory Cycle
• Positive Sentiment: Multiple bullish write-ups argue Lam has durable growth attributes that could drive strong multi-year returns, reinforcing investor conviction around the AI/memory-driven cycle. 3 Reasons Growth Investors Will Love Lam Research (LRCX) 3 Reasons Growth Investors Will Love Lam Research (LRCX) Is Lam Research (LRCX) One of the Best Growth Stocks to Buy for the Next 20 Years?
• Neutral Sentiment: A report about Japan’s Toto (a supplier to chip-equipment makers) and activist interest may signal broader supply‑chain positioning for chip-equipment suppliers, but it’s peripheral to Lam’s core demand drivers. This Toilet Stock Is Surging as an AI Bet. An Activist Sees More Gains.
• Neutral Sentiment: Two short-interest data entries in the feed show zero or inconsistent values (0 shares / NaN), which appears to be a reporting/data issue rather than a meaningful change in betting against the stock. Monitor reliable short-interest releases for any real pressure.
• Neutral Sentiment: Articles discussing the evolving Lam narrative compile the above themes (upgraded targets, expansion, AI cycle) — useful context but largely reiterative rather than new catalysts. How The Narrative Around Lam Research (LRCX) Is Evolving With New Forecasts And Expansion Moves

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.