Citic Securities Issues Positive Forecast for Lam Research (NASDAQ:LRCX) Stock Price

Lam Research (NASDAQ:LRCX) had its price target lifted by Citic Securities from $165.00 to $275.00 in a report issued on Friday,MarketScreener reports. The firm currently has a buy rating on the semiconductor company’s stock.

A number of other analysts have also recently commented on LRCX. Dbs Bank boosted their target price on shares of Lam Research from $119.40 to $184.20 in a research note on Monday, October 27th. KeyCorp reiterated a “sector weight” rating on shares of Lam Research in a report on Thursday. UBS Group set a $300.00 target price on Lam Research in a report on Thursday. HSBC raised their target price on Lam Research from $181.00 to $221.00 and gave the company a “hold” rating in a research report on Friday. Finally, Berenberg Bank increased their price objective on Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. One equities research 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. According to MarketBeat, Lam Research has a consensus rating of “Moderate Buy” and an average price target of $238.32.

Lam Research Stock Down 5.9%

Lam Research stock opened at $233.46 on Friday. 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 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. The business has a 50 day simple moving average of $187.29 and a 200-day simple moving average of $146.02. Lam Research has a 12 month low of $56.32 and a 12 month high of $251.87.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. The firm 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%. The firm’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, analysts anticipate that Lam Research will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd were paid a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Lam Research’s dividend payout ratio (DPR) is 21.31%.

Insider Activity

In related news, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $159.99, for a total value of $207,667.02. Following the completion of the sale, the director owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. This represents a 44.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Douglas R. Bettinger sold 40,080 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the sale, the chief financial officer owned 987,237 shares of the company’s stock, valued at approximately $148,677,892.20. The trade was a 3.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 41,408 shares of company stock worth $6,248,501. Corporate insiders own 0.31% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Sigma Planning Corp lifted its stake in shares of Lam Research by 26.1% in the 4th quarter. Sigma Planning Corp now owns 26,233 shares of the semiconductor company’s stock valued at $4,513,000 after purchasing an additional 5,424 shares during the last quarter. New York State Teachers Retirement System increased its position in shares of Lam Research by 0.7% during the 4th quarter. New York State Teachers Retirement System now owns 1,074,442 shares of the semiconductor company’s stock worth $183,923,000 after purchasing an additional 6,996 shares during the last quarter. North Star Investment Management Corp. raised its holdings in Lam Research by 30.0% in the 4th quarter. North Star Investment Management Corp. now owns 334 shares of the semiconductor company’s stock valued at $57,000 after buying an additional 77 shares during the period. Activest Wealth Management lifted its position in Lam Research by 123.7% in the fourth quarter. Activest Wealth Management now owns 1,568 shares of the semiconductor company’s stock valued at $268,000 after buying an additional 867 shares during the last quarter. Finally, Laurel Wealth Advisors LLC purchased a new position in Lam Research during the fourth quarter worth about $88,000. 84.61% of the stock is currently owned by hedge funds and other 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

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.