Lam Research (NASDAQ:LRCX) Price Target Raised to $235.00 at New Street Research

Lam Research (NASDAQ:LRCX) had its target price boosted by New Street Research from $140.00 to $235.00 in a research note issued to investors on Tuesday,MarketScreener reports. The firm currently has a neutral rating on the semiconductor company’s stock.

Other analysts have also issued reports about the stock. The Goldman Sachs Group set a $262.00 target price on shares of Lam Research and gave the company a “buy” rating in a research note on Thursday, January 29th. Morgan Stanley upped their price objective on shares of Lam Research from $244.00 to $254.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 25th. Weiss Ratings restated a “buy (b)” rating on shares of Lam Research in a report on Monday, December 29th. Summit Insights upgraded Lam Research from a “hold” rating to a “buy” rating in a report on Thursday, January 29th. Finally, Argus boosted their price objective on shares of Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $245.35.

Lam Research Stock Performance

Lam Research stock traded up $10.09 during mid-day trading on Tuesday, hitting $223.75. 2,657,260 shares of the company’s stock traded hands, compared to its average volume of 11,840,399. Lam Research has a one year low of $56.32 and a one year high of $256.68. The company has a market cap of $279.41 billion, a PE ratio of 45.82, a price-to-earnings-growth ratio of 2.15 and a beta of 1.77. The firm has a 50 day moving average price of $227.18 and a 200 day moving average price of $183.68. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The business had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter in the prior year, the company posted $0.91 earnings per share. The company’s quarterly 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. On average, equities analysts forecast that Lam Research will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.5%. The ex-dividend date is Wednesday, March 4th. Lam Research’s dividend payout ratio is presently 21.31%.

Insider Transactions at Lam Research

In related news, insider Ava Harter sold 4,000 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $232.50, for a total value of $930,000.00. Following the completion of the sale, the insider owned 54,705 shares in the company, valued at approximately $12,718,912.50. This trade represents a 6.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the transaction, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. This represents a 4.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in LRCX. Brighton Jones LLC grew its stake in Lam Research by 1,032.4% during the fourth 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 last quarter. Caxton Associates LLP bought a new position in shares of Lam Research in the first quarter worth about $239,000. Edgestream Partners L.P. raised its stake in shares of Lam Research by 14.9% in the second quarter. Edgestream Partners L.P. now owns 4,789 shares of the semiconductor company’s stock worth $466,000 after acquiring an additional 621 shares during the last quarter. Quantbot Technologies LP increased its holdings in shares of Lam Research by 43.7% in the second quarter. Quantbot Technologies LP now owns 62,003 shares of the semiconductor company’s stock valued at $6,035,000 after purchasing an additional 18,853 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of Lam Research in the second quarter valued at approximately $125,266,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

More Lam Research News

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

• Positive Sentiment: Zacks highlights LRCX as a top long‑term holding based on its positive earnings outlook and inclusion on the Zacks Focus List — a signal that analysts expect continued outperformance. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Positive Sentiment: A Seeking Alpha piece argues Lam is “poised for growth,” noting it’s a critical supplier for AI-era chipmaking, showing expanding capex/customer demand, improved operating margins and tighter working‑capital metrics — supportive for revenue and margin expansion. Lam Research: Poised For Growth, Looking Past Short-Term Turbulence
• Positive Sentiment: Coverage noting strong Q4 demand for Lam’s tools (recap/analysis) reinforces the earnings beat narrative and underpins near‑term revenue momentum heading into the next report. Strong Demand Lifted Lam Research Corporation (LRCX) in Q4
• Neutral Sentiment: Macro market strength (risk‑on) lifted tech stocks broadly, providing tailwinds to LRCX’s move higher today; this is market‑driven rather than company‑specific. Stocks Rally as President Trump Considers Ending Iran War
• Neutral Sentiment: Analysts and previews setting expectations for Lam’s next quarterly report outline key metrics investors should watch (bookings, end‑market mix, margin trajectory) — helpful but not new catalyst by itself. What to Expect From Lam Research’s Next Quarterly Earnings Report
• Neutral Sentiment: Industry items — Applied Materials expanding AI‑centric R&D and AMD Foundation investing in workforce pipelines — are mixed for Lam: they validate secular AI demand but also signal competition and the need for ongoing product leadership. AMAT Deepens its AI-Centric Product Expertise: Will it Deliver Growth? The AMD Foundation Joins Last Mile Education Fund’s National Semiconductor Coalition
• Negative Sentiment: Geopolitical-driven “helium shock” stories raise a tangible operational risk: constrained helium and critical gases from the Middle East could disrupt Lam’s ability to supply and service wafer‑fab tools, introducing upside risk to costs and delivery timelines. Investors should monitor supply‑chain updates and customer impact disclosures. Middle East Helium Shock Puts Lam Research Supply Chain In Focus

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.