Lam Research (NASDAQ:LRCX) Price Target Raised to $275.00

Lam Research (NASDAQ:LRCX) had its price objective lifted by UBS Group from $255.00 to $275.00 in a report released on Thursday morning, Marketbeat.com reports. They currently have a buy rating on the semiconductor company’s stock.

Several other equities analysts have also recently weighed in on LRCX. KeyCorp reaffirmed a “sector weight” rating on shares of Lam Research in a research note on Thursday. Cantor Fitzgerald reissued an “overweight” rating and set a $320.00 price objective (up previously from $265.00) on shares of Lam Research in a report on Thursday. The Goldman Sachs Group set a $262.00 target price on Lam Research and gave the stock a “buy” rating in a report on Thursday. Oppenheimer reissued an “outperform” rating and set a $265.00 price target on shares of Lam Research in a research note on Thursday. Finally, TD Cowen raised their price target on Lam Research from $170.00 to $290.00 and gave the company a “buy” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $238.32.

Lam Research Stock Performance

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

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The company had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the previous year, the firm earned $0.91 EPS. The firm’s revenue 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. Equities research analysts forecast that Lam Research will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd were issued a $0.26 dividend. 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 dividend payout ratio (DPR) is 21.31%.

Insider Transactions at Lam Research

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

Institutional Trading of Lam Research

Institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC increased its stake in Lam Research by 1,032.4% in the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after buying an additional 12,936 shares during the period. Caxton Associates LLP purchased a new stake in Lam Research in the 1st quarter valued at about $239,000. Truist Financial Corp grew its stake in Lam Research by 93.9% in the 2nd quarter. Truist Financial Corp now owns 763,628 shares of the semiconductor company’s stock worth $74,332,000 after acquiring an additional 369,789 shares in the last quarter. LBP AM SA increased its position in shares of Lam Research by 203.4% during the second quarter. LBP AM SA now owns 23,237 shares of the semiconductor company’s stock worth $2,262,000 after acquiring an additional 15,577 shares during the period. Finally, Impact Capital Partners LLC bought a new stake in shares of Lam Research during the second quarter valued at approximately $289,000. 84.61% of the stock is currently owned by institutional investors.

Key Stories Impacting Lam Research

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

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.