Lam Research (NASDAQ:LRCX) Stock Price Up 3.7% – Time to Buy?

Lam Research Corporation (NASDAQ:LRCX)’s share price rose 3.7% during trading on Thursday . The stock traded as high as $258.58 and last traded at $257.86. Approximately 10,347,175 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 11,250,781 shares. The stock had previously closed at $248.75.

More Lam Research News

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

• Positive Sentiment: Q3 results and follow-up analyst upgrades highlight continued AI-driven demand and beat Street expectations, supporting near-term revenue/earnings momentum. Analyst Upgrades PT on Lam Research After Q3 Earnings, What’s Next?
• Positive Sentiment: Erste Group raised FY2027 EPS estimates (from $7.02 to $7.74), indicating analysts are increasing medium‑term profit expectations despite a “Hold” rating. Erste Group raises FY2027 EPS
• Positive Sentiment: High-profile portfolio ownership: Lam is highlighted in billionaire Philippe Laffont’s portfolio and cited as a strong YTD performer (roughly +35% YTD), which can attract momentum buyers. Forget Nvidia: This AI Semiconductor Stock in Billionaire Philippe Laffont Portfolio Is Winning in 2026
• Positive Sentiment: Technical: LRCX recently cleared the 20-day simple moving average — a short‑term bullish signal that can draw technical traders. Lam Research Recently Broke Out Above the 20-Day Moving Average
• Neutral Sentiment: Analyst price-target moves are wide-ranging (moves spanning roughly $6 to $105), reflecting divergent views on wafer‑fab equipment demand and valuation — this raises volatility and mixed signals for investors. How The Lam Research (LRCX) Story Is Shifting With New Analyst Targets And Risks
• Neutral Sentiment: Retail and research attention has LRCX trending on stock‑search platforms; that can amplify swings but doesn’t change fundamentals by itself. Lam Research Corporation Is a Trending Stock

Wall Street Analysts Forecast Growth

LRCX has been the subject of several research reports. Morgan Stanley increased their target price on Lam Research from $260.00 to $293.00 and gave the company an “equal weight” rating in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft increased their target price on Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Bank of America increased their target price on Lam Research from $285.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Needham & Company LLC reiterated a “buy” rating and issued a $300.00 target price on shares of Lam Research in a research report on Thursday, April 23rd. Finally, Mizuho increased their target price on Lam Research from $295.00 to $330.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Twenty-six research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $285.94.

Lam Research Stock Down 0.4%

The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The company has a market capitalization of $321.12 billion, a P/E ratio of 48.45, a P/E/G ratio of 2.13 and a beta of 1.81. The stock has a 50-day moving average price of $236.37 and a 200-day moving average price of $201.05.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. During the same period last year, the company earned $1.04 earnings per share. The firm’s revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, research analysts predict that Lam Research Corporation will post 5.68 EPS for the current fiscal year.

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Wednesday, March 4th. Lam Research’s dividend payout ratio (DPR) is 19.62%.

Insider Transactions at Lam Research

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the sale, the chief financial officer directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the completion of the sale, the director owned 253,705 shares of the company’s stock, valued at approximately $57,235,848. The trade was a 12.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 136,896 shares of company stock worth $31,213,349 over the last ninety days. 0.31% of the stock is owned by insiders.

Institutional Investors Weigh In On Lam Research

A number of hedge funds have recently added to or reduced their stakes in LRCX. Brighton Jones LLC increased its holdings in Lam Research by 1,032.4% in the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after purchasing an additional 12,936 shares in the last quarter. Caxton Associates LLP acquired a new stake in Lam Research in the first quarter valued at approximately $239,000. Gabelli Funds LLC acquired a new stake in Lam Research in the second quarter valued at approximately $253,000. NewEdge Advisors LLC grew its stake in Lam Research by 2.7% in the second quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock valued at $9,785,000 after acquiring an additional 2,661 shares during the period. Finally, Osterweis Capital Management Inc. grew its stake in Lam Research by 5,206.7% in the second quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock valued at $77,000 after acquiring an additional 781 shares during the period. 84.61% of the stock is currently owned by institutional investors.

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.