Lam Research Corporation (NASDAQ:LRCX) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Lam Research Corporation (NASDAQ:LRCX) have been given a consensus rating of “Moderate Buy” by the thirty-four brokerages that are covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation and twenty-eight have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $334.4258.

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $290.00 price objective on shares of Lam Research in a research note on Thursday, April 23rd. Evercore increased their price target on shares of Lam Research from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Sanford C. Bernstein increased their price target on shares of Lam Research from $325.00 to $340.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Stifel Nicolaus increased their price target on shares of Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Finally, Needham & Company LLC reissued a “buy” rating and set a $300.00 price target on shares of Lam Research in a research report on Thursday, April 23rd.

Insider Buying and Selling at Lam Research

In other Lam Research news, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the sale, the senior vice president owned 58,470 shares of the company’s stock, valued at $18,102,312. This represents a 11.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the stock in a transaction on Monday, April 27th. The shares were sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the sale, the insider directly owned 53,205 shares of the company’s stock, valued at $13,762,005.30. The trade was a 10.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 86,339 shares of company stock valued at $27,680,267 in the last quarter. Company insiders own 0.31% of the company’s stock.

Institutional Investors Weigh In On Lam Research

Several institutional investors and hedge funds have recently modified their holdings of LRCX. PMV Capital Advisers LLC purchased a new stake in shares of Lam Research in the 4th quarter worth about $25,000. Stance Capital LLC purchased a new stake in shares of Lam Research in the 3rd quarter worth about $26,000. Bayban purchased a new stake in shares of Lam Research in the 4th quarter worth about $26,000. Vermillion Wealth Management Inc. purchased a new stake in shares of Lam Research in the 1st quarter worth about $26,000. Finally, Cedar Mountain Advisors LLC lifted its position in shares of Lam Research by 242.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 85 shares during the period. 84.61% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Wells Fargo raised its LRCX price target to $450 and maintained an Overweight rating, signaling confidence in continued strength across semiconductor equipment demand. Wells Fargo Raises its Price Target on Lam Research (LRCX)
• Positive Sentiment: Bank of America reportedly boosted its target to $480 and reiterated a Buy rating, reinforcing the bullish analyst tone around Lam Research. Benzinga report on Lam Research price target increase
• Positive Sentiment: Analysts highlighted surging NAND equipment demand and ongoing AI infrastructure spending as reasons LRCX may have more upside ahead. Lam Research Stock Just Got a New Street-High Price Target
• Neutral Sentiment: Recent commentary noted Lam Research has already had a massive run in 2026, which can keep investor expectations elevated and make the stock more sensitive to valuation swings. Lam Research Stock Is Up 114% So Far in 2026
• Negative Sentiment: The stock has also been hit by a broad chip-sector selloff and profit-taking, suggesting recent weakness was more about industry rotation than company-specific fundamentals. Lam Research slides as global chip selloff outweighs strong recent fundamentals

Lam Research Price Performance

Shares of Lam Research stock opened at $372.92 on Thursday. Lam Research has a 52-week low of $90.93 and a 52-week high of $409.75. The stock has a market capitalization of $466.37 billion, a price-to-earnings ratio of 70.36, a price-to-earnings-growth ratio of 3.06 and a beta of 1.85. The company has a fifty day moving average of $309.03 and a 200-day moving average of $246.96. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data 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 net margin of 30.94% and a return on equity of 66.21%. The company had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. During the same quarter in the prior year, the company earned $1.04 EPS. The firm’s 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. Equities research analysts expect that Lam Research will post 5.7 EPS for the current year.

Lam Research Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $1.04 annualized dividend and a yield of 0.3%. Lam Research’s dividend payout ratio is presently 19.62%.

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.