Lam Research (NASDAQ:LRCX) Price Target Raised to $300.00

Lam Research (NASDAQ:LRCX) had its price target increased by Needham & Company LLC from $250.00 to $300.00 in a research report sent to investors on Thursday morning, Marketbeat.com reports. Needham & Company LLC currently has a buy rating on the semiconductor company’s stock.

LRCX has been the subject of several other reports. JPMorgan Chase & Co. increased their price target on shares of Lam Research from $113.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Jefferies Financial Group reissued a “buy” rating and set a $200.00 target price (up from $175.00) on shares of Lam Research in a research note on Monday, December 15th. New Street Research raised their price target on Lam Research from $140.00 to $195.00 and gave the company a “neutral” rating in a report on Thursday, January 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $180.00 price objective on shares of Lam Research in a report on Friday, January 9th. Finally, Summit Insights raised Lam Research from a “hold” rating to a “buy” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $238.32.

Lam Research Price Performance

Lam Research stock opened at $233.46 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.60. The business has a 50 day simple moving average of $187.29 and a 200-day simple moving average of $146.33. Lam Research has a 12 month low of $56.32 and a 12 month high of $251.87. The stock has a market capitalization of $293.23 billion, a PE ratio of 47.84, a price-to-earnings-growth ratio of 3.05 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.10. The company had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. Lam Research’s revenue was up 22.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities analysts predict that Lam Research will post 3.71 earnings per share for the current year.

Lam Research Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Wednesday, December 3rd. Lam Research’s payout ratio is currently 21.31%.

Insider Buying and Selling

In other news, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total value of $207,667.02. Following the sale, the director directly owned 1,652 shares in the company, valued at $264,303.48. This represents a 44.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $150.60, for a total value of $6,036,048.00. Following the sale, the chief financial officer directly owned 987,237 shares in the company, valued at approximately $148,677,892.20. The trade was a 3.90% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 41,408 shares of company stock worth $6,248,501. 0.31% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Lam Research by 1,032.4% in the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after buying an additional 12,936 shares during the last quarter. Caxton Associates LLP acquired a new position in Lam Research in the 1st quarter valued at $239,000. Truist Financial Corp raised its holdings in Lam Research by 93.9% in the 2nd quarter. Truist Financial Corp now owns 763,628 shares of the semiconductor company’s stock valued at $74,332,000 after acquiring an additional 369,789 shares during the last quarter. LBP AM SA lifted its stake in shares of Lam Research by 203.4% during the 2nd quarter. LBP AM SA now owns 23,237 shares of the semiconductor company’s stock worth $2,262,000 after purchasing an additional 15,577 shares during the period. Finally, Impact Capital Partners LLC acquired a new stake in shares of Lam Research during the second quarter worth $289,000. 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: Multiple major brokers sharply raised targets (many to $275–$300), signaling broad analyst bullishness after the quarter and suggesting upside versus earlier prices. These Analysts Boost Their Forecasts On Lam Research Following Strong Q2 Results
• Positive Sentiment: JPMorgan and Citigroup raised targets to $300 (overweight/buy), and firms including Needham, TD Cowen, Wells Fargo, Deutsche and Stifel also lifted targets — a strong institutional vote of confidence for continued AI/foundry-driven demand. Analyst target increases (Benzinga)
• Positive Sentiment: Lam beat Q2 estimates (EPS $1.27 vs. $1.17 est.; revenue $5.34B vs. $5.23B) and issued Q3 EPS guidance of $1.25–$1.45 and revenue above consensus — concrete operational drivers behind analyst upgrades. Lam Research Q2 Earnings Surpass Expectations, Revenues Rise Y/Y
• Neutral Sentiment: New Street Research raised its target to $235 but kept a neutral rating, reflecting near-term upside limited relative to recent price strength. New Street adjusts price target on Lam Research to $235
• Negative Sentiment: HSBC raised its target to $221 but maintained a “hold,” which implies downside from recent levels and highlights some analyst caution despite better results. HSBC adjusts price target on Lam Research to $221
• Negative Sentiment: Coverage notes flag valuation concerns after a large run (high P/E and steep analyst target dispersion), which may limit further upside and explains some profit‑taking. Lam Research Earnings Beat Highlights AI Demand But Raises Valuation Questions

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.