Lam Research (LRCX) to Release Earnings on Wednesday

Lam Research (NASDAQ:LRCX) is expected to release its Q4 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to announce earnings of $1.69 per share and revenue of $6.6586 billion for the quarter. Interested persons may review the information on the company’s upcoming Q4 2026 earning report for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:00 PM ET.

Lam Research Stock Performance

Shares of LRCX stock opened at $305.21 on Monday. The stock has a market capitalization of $381.69 billion, a PE ratio of 57.59, a P/E/G ratio of 1.81 and a beta of 1.80. Lam Research has a 1-year low of $90.93 and a 1-year high of $438.50. The business has a 50-day moving average of $341.74 and a 200 day moving average of $274.37. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, June 17th. Lam Research’s payout ratio is 19.62%.

Analysts Set New Price Targets

Several analysts have weighed in on LRCX shares. Jefferies Financial Group boosted their price objective on Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Seaport Research Partners assumed coverage on shares of Lam Research in a research note on Monday, May 4th. They issued a “buy” rating and a $300.00 target price on the stock. Royal Bank Of Canada lifted their target price on shares of Lam Research from $290.00 to $310.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. The Goldman Sachs Group reiterated a “buy” rating and set a $290.00 price target on shares of Lam Research in a report on Thursday, April 23rd. Finally, B. Riley Financial increased their price target on shares of Lam Research from $350.00 to $375.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and a consensus price target of $360.51.

Lam Research News Summary

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

• Positive Sentiment: Lam Research is expected to benefit from strong demand for AI chips and rising DRAM spending, which could support a potential earnings beat and improve sentiment ahead of results. Article Title
• Positive Sentiment: Wall Street is closely tracking key operating metrics, not just revenue and EPS, suggesting investors are focused on whether Lam Research can show healthy underlying business momentum in the June quarter. Article Title
• Positive Sentiment: The company’s recent role as a founding partner in the AI Materials Foundry keeps Lam Research tied to the broader AI infrastructure theme, which remains a major long-term driver for semiconductor equipment names. Article Title
• Neutral Sentiment: Analysts are publishing pre-earnings previews and forecast updates for Lam Research’s upcoming report, but these articles mostly reflect expectations rather than new company-specific developments. Article Title
• Neutral Sentiment: Semiconductor stocks have outperformed in 2026, but the group is pulling back this month as investors take profits and reprice valuations after a sharp AI-driven rally. Article Title
• Negative Sentiment: Some commentary argues Lam Research could be “dead money” over the next few years, reflecting valuation and return concerns that may be weighing on the stock. Article Title

Insider Activity

In related news, Director Eric Brandt sold 54,500 shares of Lam Research stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $350.80, for a total value of $19,118,600.00. Following the sale, the director owned 199,205 shares in the company, valued at $69,881,114. The trade was a 21.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the business’s stock in a transaction on Monday, July 13th. The shares were sold at an average price of $335.00, for a total transaction of $6,124,470.00. Following the transaction, the director directly owned 87,142 shares in the company, valued at approximately $29,192,570. The trade was a 17.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 98,611 shares of company stock valued at $32,250,190. Company insiders own 0.31% of the company’s stock.

Institutional Investors Weigh In On Lam Research

A number of large investors have recently modified their holdings of LRCX. Price T Rowe Associates Inc. MD grew its position in Lam Research by 352.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,695,210 shares of the semiconductor company’s stock valued at $2,344,347,000 after purchasing an additional 10,666,540 shares during the last quarter. AQR Capital Management LLC raised its holdings in Lam Research by 138.6% in the third quarter. AQR Capital Management LLC now owns 3,541,230 shares of the semiconductor company’s stock worth $472,294,000 after buying an additional 2,056,749 shares during the last quarter. Caisse de depot et placement du Quebec lifted its stake in shares of Lam Research by 164.0% in the third quarter. Caisse de depot et placement du Quebec now owns 2,568,579 shares of the semiconductor company’s stock worth $343,933,000 after buying an additional 1,595,759 shares in the last quarter. Polar Capital Holdings Plc lifted its stake in shares of Lam Research by 105.2% in the third quarter. Polar Capital Holdings Plc now owns 2,856,262 shares of the semiconductor company’s stock worth $382,453,000 after buying an additional 1,464,651 shares in the last quarter. Finally, Two Sigma Investments LP grew its holdings in shares of Lam Research by 402.5% during the third quarter. Two Sigma Investments LP now owns 1,527,072 shares of the semiconductor company’s stock valued at $204,475,000 after buying an additional 1,223,184 shares during the last quarter. Institutional investors own 84.61% of the company’s stock.

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.