Track market-moving stories before they get noisy

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Lam Research (LRCX - Free Report) .

Lam Research currently has an average brokerage recommendation (ABR) of 1.51, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 34 brokerage firms. An ABR of 1.51 approximates between Strong Buy and Buy.

Of the 34 recommendations that derive the current ABR, 23 are Strong Buy and four are Buy. Strong Buy and Buy respectively account for 67.7% and 11.8% of all recommendations.

Brokerage Recommendation Trends for LRCX

Check price target & stock forecast for Lam Research here>>>

The ABR suggests buying Lam Research, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.

Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.

This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.

Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.

Zacks Rank Should Not Be Confused With ABRIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.

The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.

In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.

In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.

Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.

Should You Invest in LRCX?In terms of earnings estimate revisions for Lam Research, the Zacks Consensus Estimate for the current year has increased 0.1% over the past month to $9.33.

Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for Lam Research. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, the Buy-equivalent ABR for Lam Research may serve as a useful guide for investors.

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Lam Research (LRCX - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.

Lam Research is a member of our Computer and Technology group, which includes 613 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Lam Research is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for LRCX's full-year earnings has moved 20.6% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the latest available data, LRCX has gained about 79.7% so far this year. At the same time, Computer and Technology stocks have gained an average of 18.2%. This means that Lam Research is performing better than its sector in terms of year-to-date returns.

One other Computer and Technology stock that has outperformed the sector so far this year is CTS (CTS - Free Report) . The stock is up 33.4% year-to-date.

Over the past three months, CTS' consensus EPS estimate for the current year has increased 11.9%. The stock currently has a Zacks Rank #2 (Buy).

Breaking things down more, Lam Research is a member of the Electronics - Semiconductors industry, which includes 49 individual companies and currently sits at #43 in the Zacks Industry Rank. On average, stocks in this group have gained 27.5% this year, meaning that LRCX is performing better in terms of year-to-date returns.

In contrast, CTS falls under the Electronics - Miscellaneous Components industry. Currently, this industry has 28 stocks and is ranked #44. Since the beginning of the year, the industry has moved -17.4%.

Investors with an interest in Computer and Technology stocks should continue to track Lam Research and CTS. These stocks will be looking to continue their solid performance.

Investors in Lam Research Corporation (LRCX - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 4, 2026 $195 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Lam Research shares, but what is the fundamental picture for the company? Currently, Lam Research is a Zacks Rank #2 (Buy) in the Electronics – Semiconductors industry that ranks in the Top 19% of our Zacks Industry Rank. Over the last 60 days, eight analysts have increased their earnings estimates for the current quarter, while none have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $1.80 per share to $2.15 in that period.

Given the way analysts feel about Lam Research right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

If I had to choose one semiconductor stock to buy going into September, Lam Research (LRCX -0.42%) would be near the top of my list. Its seasonal track record is worth paying attention to, but the bigger story is what's happening across the business right now. Demand for chipmaking equipment remains strong, AI investment continues to drive spending, and several of Lam Research's growth areas are starting to come together at the same time.

Data over the past 20 years shows that a buy date of Sept. 9 and a sell date of Jan. 10 produced a geometric average return of 7.46% above the S&P 500. That strategy beat the benchmark index in 17 of 20 periods.

Seventeen out of 20 is a strong hit rate, and it aligns with the broader semiconductor pattern, where a Sept. 22 entry has beaten the index by 5.39% annually over the same span. The market as a whole averages a 0.7% loss in September, with gains only 46% of the time. 

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Why does this pattern exist? The seasonal window tracks capital equipment budgeting. Chipmakers finalize their spending plans in the back half of the year, and orders placed during that period convert into revenue over the following quarters. Lam's business responds before the chips those tools produce ever ship.

That cycle is running hot right now. Lam raised its 2026 wafer fab equipment outlook to the low-$150 billion range, up from a prior view of $140 billion. Guidance for the quarter that ends in September calls for $8.1 billion in revenue, which would be roughly 20% sequential growth.

Image source: Getty Images.

What the company does Think of a chip as a skyscraper built one floor at a time. Lam sells the machines that lay down each layer of material and then carve patterns into it. No chips can be manufactured without that step, which is why Lam benefits from all aspects of the AI data center build-out, whether the chip designs come from Nvidia, Broadcom, or a company nobody has heard of yet.

Three parts of the business are working simultaneously right now. The first is NAND flash, and it caught almost everyone off guard. Lam's revenue from that segment more than doubled from the prior quarter as memory-chip makers rushed to upgrade older factories for the enterprise drives that AI data centers keep buying. Here is the part that makes this more than a one-time bump. As NAND chips go from 128 layers to 500 and beyond, manufacturing them gets harder, and Lam's opportunity per wafer doubles along the way. Management believes this upgrade wave will add more than $40 billion in customer spending over the next several years.

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The second is high bandwidth memory, the specialized chips that sit next to all AI accelerators and feed them data. Building HBM means stacking memory dies on top of each other and drilling tiny vertical connections through the silicon so the layers can talk. Lam is a leading provider of equipment for that step. Every HBM stack in every AI system passes through it, so the company gets paid on volume; it does not have to compete chip by chip.

The third piece is the one I find most interesting, because it changes what Lam's customers can do rather than just how much they can make. Its Aether process replaces the old method of spinning liquid chemicals onto a wafer with a dry process done in a vacuum. The result absorbs 3 to 5 times more EUV light and cuts the amount of chemical raw materials being used by 80% to 90%. One of the largest memory makers picked it as the production tool of record for its most advanced DRAM. Akara, Lam's newer etch platform, swaps in a solid-state plasma source that reacts to process changes more than 100 times faster than what came before, which matters when you are cutting features whose sizes are measured in atoms.

None of this shows up in a headline the way a new GPU does. But Lam's equipment is a key layer underneath chip technology, and it gets bought first.

The financial backdrop The company closed its fiscal 2026 in June with record revenue of $23.2 billion and diluted earnings per share (EPS) of $5.82, up 41%. Gross margin for the quarter that ended in June hit 52%, the company's highest in 20 years, on pricing actions and favorable mix.

Management then raised its long-term targets by 500 to 1,000 basis points compared to the figures it provided during its 2025 investor day. It's now guiding for a gross margin in the mid-50% range and an operating margin in the mid-40% range. So, all in all, if the seasonal pattern holds again this year, Lam could be one of the more compelling chip stocks to own heading into the fall, especially with its underlying business momentum giving investors more than just history to lean on.

Key Takeaways AI data center spending is fueling opportunities across chips, memory, storage and semiconductor equipment.NVDA's Data Center sales rose 117% y/y in fiscal Q2'27, while MU sees AI memory demand supporting pricing.SNDK's Data Center revenues soared 437% in fiscal 2026. LRCX benefits from chip capacity growth. Artificial Intelligence (AI) is driving one of the biggest data center investment booms the industry has ever seen. Tech companies are spending heavily to build the computing capacity needed to support AI models, applications and services, creating opportunities well beyond the biggest AI names.

The numbers are hard to ignore. PricewaterhouseCoopers expects global data center spending to reach $31.6 trillion through 2050, with the United States accounting for nearly half, at $15.1 trillion. McKinsey expects about $7 trillion in global data center investment by 2030, as cited in Forbes.

Spending is already ramping up. S&P Global estimates that six major hyperscalers— Amazon, Microsoft, Alphabet, Meta, Oracle and SpaceX— are on track to spend a combined $1.3 trillion through 2027.

That spending is creating a broad set of winners across the data center supply chain, from chips and memory to semiconductor equipment. Here are four stocks worth buying as the AI data center boom gathers steam: NVIDIA (NVDA - Free Report) , Micron Technology (MU - Free Report) , SanDisk Corp. (SNDK - Free Report) and Lam Research (LRCX - Free Report) .

NVIDIANVIDIA sits at the center of the AI data center boom as the dominant supplier of specialized chips used to train and run AI models. Its Data Center business has become the company’s main growth engine, with revenues surging 117% year over year and 18% sequentially to $89.02 billion in the second quarter of fiscal 2027.

Demand remains strong as hyperscalers and other AI customers continue to invest heavily in computing capacity. NVIDIA is also benefiting from the rollout of its Blackwell platform, while the next-generation Vera Rubin architecture could provide another leg of growth. The company began production shipments of Vera Rubin in August and expects the platform to account for about 20% of Data Center revenues in the third quarter.

The spending opportunity is significant. NVIDIA expects capital expenditures from the top five hyperscalers to reach nearly $800 billion in 2026 and $1.3 trillion in 2027. That kind of expectations from the market leader tends to set the tone for the whole sector.

Beyond its chips, NVIDIA’s software ecosystem strengthens its competitive moat and makes switching platforms difficult. As long as AI infrastructure spending stays strong, NVIDIA remains one of the biggest direct beneficiaries.

The stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for NVIDIA’s current and next fiscal year’s EPS implies a year-over-year growth of 93% and 64%, respectively. 

MicronMicron offers a different way to play the AI data center boom. While NVIDIA supplies the computing power, Micron provides the high-bandwidth memory (HBM) needed to keep those AI systems running efficiently. AI workloads are extremely memory-intensive, making HBM an increasingly critical part of the infrastructure.

That demand is translating into strong growth for Micron. Fiscal third-quarter 2026 revenues jumped to $41.46 billion from $23.86 billion in the previous quarter and $9.3 billion a year earlier. The company expects revenue to rise further to about $50 billion in the fiscal fourth quarter, while projecting a gross margin of roughly 86%, supported by strong AI memory demand and favorable pricing.

The memory market also benefits from tight supply, as adding new fabrication capacity takes years. Management expects supply growth to remain short of demand, supporting pricing durability.

Importantly, memory demand should remain strong regardless of which AI accelerator ultimately wins, and that's good for Micron. For now, tight supply and surging HBM demand are working firmly in Micron’s favor.

The stock currently carries a Zacks Rank #2 (Buy). The Zacks Consensus Estimate for MU’s current and next fiscal year’s EPS implies a year-over-year growth of 791% and 114%, respectively.

SandiskSandisk gives investors another way to benefit from the AI data center buildout, this time through storage. AI systems rely on massive amounts of data, creating strong demand for the flash memory used to store it. Like Micron, Sandisk is benefiting from tight memory supplies and higher prices.

The impact is already showing up in its results. Fiscal fourth-quarter 2026 revenues jumped 372% year over year and 51% sequentially to $8.97 billion, with roughly two-thirds of the sequential increase coming from higher pricing and the rest from higher volumes.

Data centers have quickly become Sandisk’s biggest growth driver. Fiscal 2026 Data Center revenues surged 437% to $5.15 billion, while the segment’s share of the company’s bits increased from about 12% a year earlier to 38%.

The near-term outlook remains strong. Sandisk expects fiscal first-quarter 2027 revenues of $10.3 billion to $10.8 billion and non-GAAP gross margin of 83%-85%. More importantly, the company expects demand to continue exceeding supply, with bits remaining on allocation beyond 2027.

The stock currently sports a Zacks Rank #1. The Zacks Consensus Estimate for Sandisk’s current and next fiscal year’s EPS implies a year-over-year growth of 201% and 19%, respectively.

Lam ResearchLam Research offers a different way to play the AI data center boom. Rather than making chips, it supplies the equipment needed to manufacture them, particularly etch and deposition tools used in advanced semiconductor production.

That gives Lam Research broader exposure to the AI buildout. Whether demand goes toward GPUs, memory or advanced logic chips, semiconductor manufacturers need equipment to expand and upgrade production capacity. AI is also driving investment in NAND, DRAM, HBM, gate-all-around transistors and advanced packaging, all of which require increasingly complex manufacturing processes.

The growth is already visible in Lam Research’s results. Fiscal fourth-quarter 2026 revenues rose 30% year over year and 15% sequentially to $6.72 billion, reflecting strong demand for semiconductor manufacturing equipment.

LRCX’s fortunes are still tied to the same underlying capex cycle as the other three names. However, its position further up the supply chain provides a more diversified way to benefit from AI infrastructure spending. As chipmakers race to expand capacity, Lam Research stands to benefit from the equipment needed to make that expansion possible.

The stock currently carries a Zacks Rank #2. The Zacks Consensus Estimate for Lam Research’s current and next fiscal year’s EPS implies a year-over-year growth of 61% and 22%, respectively.

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Commerzbank Aktiengesellschaft FI purchased a new stake in Lam Research Corporation (NASDAQ:LRCX – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,301 shares of the semiconductor company’s stock, valued at approximately $2,730,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fideuram Asset Management Ireland dac acquired a new position in Lam Research in the 4th quarter valued at approximately $10,035,000. Rokos Capital Management LLP grew its holdings in shares of Lam Research by 42.0% during the 1st quarter. Rokos Capital Management LLP now owns 259,921 shares of the semiconductor company’s stock worth $55,532,000 after purchasing an additional 76,840 shares in the last quarter. Aware Super Pty Ltd as trustee of Aware Super bought a new stake in shares of Lam Research during the first quarter valued at approximately $59,973,000. Krilogy Financial LLC increased its position in shares of Lam Research by 19.5% during the first quarter. Krilogy Financial LLC now owns 28,111 shares of the semiconductor company’s stock valued at $6,006,000 after purchasing an additional 4,584 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Lam Research in the first quarter valued at $26,489,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Trading Down 1.2% Shares of LRCX stock opened at $310.17 on Tuesday. The company has a market capitalization of $388.12 billion, a P/E ratio of 53.85, a P/E/G ratio of 1.25 and a beta of 1.84. Lam Research Corporation has a 12-month low of $94.11 and a 12-month high of $438.50. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. The firm has a 50-day moving average price of $335.90 and a 200 day moving average price of $286.99.

Lam Research (NASDAQ:LRCX – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.13. The firm had revenue of $6.72 billion for the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The company’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Research analysts forecast that Lam Research Corporation will post 9.32 earnings per share for the current fiscal year. Wall Street Analysts Forecast Growth LRCX has been the subject of several research reports. Barclays reaffirmed an “overweight” rating and issued a $335.00 target price (up from $275.00) on shares of Lam Research in a research report on Thursday, June 11th. Raymond James Financial set a $425.00 price objective on shares of Lam Research in a research note on Wednesday, June 10th. Wall Street Zen downgraded shares of Lam Research from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. B. Riley Financial decreased their target price on shares of Lam Research from $385.00 to $350.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Finally, Stifel Nicolaus upped their target price on shares of Lam Research from $325.00 to $425.00 and gave the company a “buy” rating in a research note on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $358.47.

Check Out Our Latest Stock Report on Lam Research

Insider Buying and Selling In related news, Director Abhijit Y. Talwalkar sold 18,282 shares of the stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $335.00, for a total transaction of $6,124,470.00. Following the sale, the director directly owned 87,142 shares in the company, valued at $29,192,570. This represents a 17.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $309.60, for a total value of $2,371,226.40. Following the sale, the senior vice president directly owned 58,470 shares of the company’s stock, valued at $18,102,312. This represents a 11.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 80,441 shares of company stock worth $27,614,296 in the last three months. Insiders own 0.31% of the company’s stock.

About Lam Research (Free Report)

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.

Recommended Stories Five stocks we like better than Lam Research Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here Want to see what other hedge funds are holding LRCX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lam Research Corporation (NASDAQ:LRCX – Free Report).

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Foster & Motley Inc. bought a new stake in Lam Research Corporation (NASDAQ:LRCX – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 24,454 shares of the semiconductor company’s stock, valued at approximately $10,596,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Bayban acquired a new stake in Lam Research in the fourth quarter valued at about $26,000. Vermillion Wealth Management Inc. acquired a new position in Lam Research during the 1st quarter worth approximately $26,000. Cedar Mountain Advisors LLC increased its position in Lam Research by 242.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 85 shares during the period. Paladin Partners LLC purchased a new position in shares of Lam Research during the 2nd quarter worth approximately $26,000. Finally, Mcguire Capital Advisors Inc. purchased a new position in shares of Lam Research during the 4th quarter worth approximately $27,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In A number of analysts recently weighed in on the company. Susquehanna restated a “positive” rating and issued a $475.00 price target (up from $385.00) on shares of Lam Research in a research note on Tuesday, June 30th. Rothschild & Co Redburn increased their price objective on Lam Research from $305.00 to $420.00 and gave the stock a “buy” rating in a research report on Wednesday, June 17th. TD Cowen reissued a “buy” rating and issued a $400.00 target price (up from $340.00) on shares of Lam Research in a report on Thursday, July 9th. Morgan Stanley decreased their target price on shares of Lam Research from $404.00 to $367.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $320.00 price target on shares of Lam Research in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Lam Research has a consensus rating of “Moderate Buy” and a consensus target price of $358.47.

Read Our Latest Analysis on Lam Research Insider Buying and Selling In other Lam Research news, Director Eric Brandt sold 54,500 shares of the company’s stock in a transaction dated 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 transaction, the director directly owned 199,205 shares in the company, valued at approximately $69,881,114. This represents a 21.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 company’s stock in a transaction that occurred 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 $29,192,570. The trade was a 17.34% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 80,441 shares of company stock worth $27,614,296 in the last ninety days. Insiders own 0.31% of the company’s stock.

Lam Research Stock Down 1.2% Lam Research stock opened at $310.17 on Tuesday. Lam Research Corporation has a fifty-two week low of $94.11 and a fifty-two week high of $438.50. The firm has a market capitalization of $388.12 billion, a price-to-earnings ratio of 53.85, a price-to-earnings-growth ratio of 1.25 and a beta of 1.84. The stock’s fifty day moving average is $335.90 and its two-hundred day moving average is $286.99. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63.

Lam Research (NASDAQ:LRCX – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, topping the consensus estimate of $1.69 by $0.13. The business had revenue of $6.72 billion for the quarter, compared to analyst estimates of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The business’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Analysts predict that Lam Research Corporation will post 9.32 EPS for the current fiscal year.

Lam Research Company Profile (Free Report)

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.

Further Reading Five stocks we like better than Lam Research Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here

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Earnings estimates are expectations of growth and profitability, and are determined by brokerage analysts. Together with company management, these analysts examine every aspect that may affect future earnings, like interest rates, the economy, and sector and industry optimism.

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Focus List Spotlight: Lam Research (LRCX - Free Report) Fremont, CA-based Lam Research supplies wafer fabrication equipment and services to the semiconductor industry. It serves the related markets that rely on semiconductor processes and require production-proven manufacturing capabilities, such as complementary metal-oxide-semiconductor image sensors and micro-electromechanical systems (MEMS).

LRCX, a #2 (Buy) stock, was added to the Focus List on December 5, 2016 at $10.05 per share. Since then, shares have increased 2986.27% to $310.17.

12 analysts revised their earnings estimate upwards in the last 60 days for fiscal 2027. The Zacks Consensus Estimate has increased $1.46 to $9.32. LRCX boasts an average earnings surprise of 7.1%.

Additionally, LRCX's earnings are expected to grow 60.4% for the current fiscal year.

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State-of-the-art, Silicon Forest facility to support collaborative innovation with chip makers; first milestone in more than $3B planned expansion of global lab network

, /PRNewswire/ -- In a ceremony today at its world-class research and development (R&D) center in Tualatin, Oregon, Lam Research Corp. (NASDAQ: LRCX) commemorated the start of construction on its new, state-of-the-art Oregon lab, part of a more than $3 billion planned investment in its global lab network over the next five years to accelerate breakthroughs for the creation of advanced AI chips. Located in the Silicon Forest, in close proximity to key customers, the new 120,000-square-foot facility is expected to increase cleanroom lab space at the Lam Tualatin R&D center by more than 50% when completed, enabling expanded experimentation and accelerated solution development. Lam plans to make the new facility one of its most advanced labs in the world, increasing capacity and capabilities for side-by-side innovation with customers and compressing product development cycles across its global lab network.

Lam Research President and CEO Tim Archer, U.S. Senator Jeff Merkley of Oregon, U.S. Congresswoman Suzanne Bonamici of Oregon, Oregon Secretary of State Tobias Read, senior leaders from Intel Corporation and Micron Technology, and other distinguished government, community and nonprofit leaders join together to break ground on Lam’s new Oregon lab in a ceremony today. President and Chief Executive Officer Tim Archer and Executive Vice President and Chief Operating Officer Sesha Varadarajan of Lam Research were joined at the groundbreaking event by U.S. Senator Jeff Merkley of Oregon; U.S. Congresswoman Suzanne Bonamici of Oregon; Oregon Secretary of State Tobias Read; senior leaders from Intel Corporation and Micron Technology; and other distinguished government, community and nonprofit leaders.

"Delivering next-generation semiconductors at the speed of AI requires relentless innovation and a strategic focus on the technology breakthroughs that matter most to our customers. Our new advanced Oregon lab is expected to deepen our specialized capabilities and add tens of thousands of square feet of valuable cleanroom space, enabling even closer collaboration with customers while strengthening the expertise and reach of our global lab network," said Varadarajan. "This expansion reflects our continuing commitment to advancing the Silicon Forest as a leader in U.S. semiconductor innovation. We thank the State of Oregon, Washington County, and the City of Tualatin for their long-standing partnership and look forward to continuing our work together to advance economic opportunities in a community we've been proud to be part of for more than 30 years."

Expanding the Power of Lam's Global Lab Network
The new Oregon lab will build on Lam's strengths as a leader in atomic-scale semiconductor manufacturing, adding specialized capabilities to support advanced deposition and etch process development, materials science, and hardware validation. Just like in Lam's existing labs, customers can work closely on-site in the new facility with Lam engineers through each phase of product development, from idea to deployment in their fabs. The lab will also join Lam's integrated network of specialized labs around the world, which operate together to drive innovation 24/7, in parallel and at scale.

Advancing Lam's Leadership in the Silicon Forest
Projected to open in 2028, the new state-of-the-art Oregon lab is part of a planned multi-building expansion at Lam's Tualatin campus. According to a third-party assessment*, over the three-year construction period, the expansion project is expected to create approximately 900 jobs and $500 million in economic output **.

Once completed, the expansion is expected to represent the company's biggest investment in Oregon to date, with a projected economic impact* that includes creating more than 400 new Lam jobs and bolstering the number of jobs that Lam supports statewide to more than 11,000*. In addition, the completed expansion is projected to increase Lam's annual economic contribution in Oregon to more than $1.8 billion.*

Additional speakers at today's ceremony included Katheryn Harrington, chair of the Washington County Board of Commissioners, Valerie Pratt, President of the Tualatin City Council and Jayathi Murthy, president of Oregon State University. Photos and other digital assets from the event can be found later today here: https://newsroom.lamresearch.com/Oregon-Lab-Expansion.

QUOTES

U.S. Senator Jeff Merkley of Oregon: "I support investing in Oregon's economy and workers, and Lam Research's Tualatin Expansion project does both. This expansion will provide hundreds of good-paying, high-tech jobs and further position Oregon's Silicon Forest as a leader in semiconductor research, development, and manufacturing. The work that happens here will enable advances in all of the latest cutting-edge industries, including vital technologies like AI and robotics." U.S. Congresswoman Suzanne Bonamici of Oregon: "Innovation, research, and development fuel Oregon's international semiconductor leadership. Congratulations to Lam Research on the groundbreaking of their new R&D building and thank you for investing in our region and the local workforce." Oregon Governor Tina Kotek: "This state-of-the-art expansion builds on more than 30 years of Lam's innovation leadership in the Silicon Forest. This is a powerful investment towards Oregon's economic future that will create more high-quality jobs, strengthen the state's world-class research and development ecosystem, and help ensure Oregon and the United States continue to lead in semiconductor innovation for decades to come." Oregon Secretary of State Tobias Read: "Lam Research's continued investment in Oregon is a testament to the strength of our state's semiconductor ecosystem and the talented workforce that powers it. This groundbreaking represents more than a new facility. It represents hundreds of new jobs, accelerated innovation, and a long-term commitment to Oregon. I'm proud to celebrate this important milestone and Lam's ongoing growth as a leader in the Silicon Forest." Naga Chandrasekaran, executive vice president and chief technology and operations officer of Intel Foundry: "Intel has enjoyed close collaboration with Lam in Oregon and around the world for decades. With this new lab facility, we look forward to working even more closely together to accelerate process development at chip scale, quickly evaluate new technologies, and deliver the breakthroughs required for the next generation of AI-driven computing." Manish Bhatia, executive vice president of Global Operations at Micron Technology: "AI marks a historic inflection point for the semiconductor industry, driving exceptional demand for memory and increasing the need for greater speed, scale and manufacturing capacity. We congratulate Lam Research on today's groundbreaking and look forward to deepening our longstanding collaboration to equip Micron for significant manufacturing expansion to keep pace with the AI era." About Lam Research
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam's equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam Research is a FORTUNE 500® company headquartered in Fremont, California, with operations around the globe. Learn more at www.lamresearch.com.

* Source: Results generated by IMPLAN®, 2026 Model Year, using inputs provided by Lam and IMPLAN Group LLC, IMPLAN System data and software.
** $500 million projected impact from construction project; limited to three-year construction period only. Result generated by IMPLAN*.

Caution Regarding Forward-Looking Statements

Statements made in this press release that are not of historical fact are forward-looking statements and are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by words such as "accelerate," "advance," "can," "commit," "continue," "drive," "expect," "expand," "focus," "grow," "look forward," "long-term," "ongoing," "opportunity," "plan," "project," "require," "strategy," "will," or variations of these words or other similar expressions.  Such forward-looking statements include, but are not limited to: our planned investment in our global lab network to accelerate breakthroughs; the development timeline and expected benefits of the new Oregon lab, including increasing cleanroom lab space and innovation capabilities, accelerating development cycles, and the third-party assessment projections; and industry trends related to AI-driven demand. These statements are not a guarantee of future performance and involve a number of risks, uncertainties, and other factors that could cause our actual results or outcomes, or the timing of our results or outcomes, to differ materially from those expressed or implied in this press release. Such risks, uncertainties, and other factors include: our ability to successfully execute the planned expansion of our global lab network or the development of the new Oregon lab; our ability to achieve the anticipated benefits of our investments in R&D infrastructure, including the new Oregon lab; the development timing and anticipated benefits of the new Oregon lab may differ from our expectations; business, economic, political and/or regulatory conditions in the consumer electronics industry, including wafer fabrication equipment spending, the semiconductor industry and the overall economy may deteriorate or change; the actions, performance, or investment levels of our customers and competitors may be inconsistent with our expectations; customer and product mix, including across market segments and geographical regions, may change; we may be unable to effectively manage and implement pricing actions, realize the value of our products and technology, successfully commercialize new products and technologies, or execute on perceived opportunities; we may be unable to achieve anticipated operational, manufacturing, supply chain, procurement, and scale efficiencies; customer technology transitions, capacity expansions, and fab construction projects may have different timing or be less successful than we expect; we may be unable to manage operating expenses effectively while continuing to invest in R&D, product innovation, customer support, and future growth opportunities; trade regulations, export controls, tariffs, trade disputes, and other geopolitical developments may inhibit our ability to sell our products; supply chain cost increases, tariffs, and other inflationary pressures have impacted and may continue to impact our profitability; supply chain disruptions or manufacturing capacity constraints may limit our ability to manufacture and sell our products; natural and human-caused disasters, disease outbreaks, war, terrorism, political or governmental unrest or instability, or other events beyond our control may impact our operations and revenue in affected areas; as well as the other risks and uncertainties that are described in the documents filed or furnished by us with the Securities and Exchange Commission, including specifically the Risk Factors described in our most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. You should evaluate all forward-looking statements made in this press release in the context of these risks, uncertainties, and other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and are based on our current beliefs, expectations, and assumptions about future events. Except as required by law, we undertake no obligation to update the information or statements made in this press release.

Company Contacts

Laura Bakken
Public Relations
(510) 572-9021
[email protected]

Ram Ganesh
Investor Relations
(510) 572-1615
[email protected]

SOURCE Lam Research Corporation

Ancora Advisors LLC acquired a new stake in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,878 shares of the semiconductor company’s stock, valued at approximately $1,680,000.

Other large investors have also modified their holdings of the company. Fideuram Asset Management Ireland dac bought a new stake in Lam Research in the fourth quarter valued at approximately $10,035,000. Rokos Capital Management LLP boosted its stake in shares of Lam Research by 42.0% during the 1st quarter. Rokos Capital Management LLP now owns 259,921 shares of the semiconductor company’s stock worth $55,532,000 after acquiring an additional 76,840 shares during the period. Aware Super Pty Ltd as trustee of Aware Super bought a new position in shares of Lam Research during the 1st quarter worth approximately $59,973,000. Krilogy Financial LLC increased its holdings in shares of Lam Research by 19.5% during the 1st quarter. Krilogy Financial LLC now owns 28,111 shares of the semiconductor company’s stock worth $6,006,000 after acquiring an additional 4,584 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Lam Research during the 1st quarter worth approximately $26,489,000. 84.61% of the stock is owned by institutional investors.

Lam Research Stock Down 0.6% Shares of LRCX opened at $312.88 on Thursday. Lam Research Corporation has a 12 month low of $94.11 and a 12 month high of $438.50. The firm’s 50 day moving average is $333.58 and its 200-day moving average is $288.43. The stock has a market capitalization of $391.51 billion, a PE ratio of 54.32, a P/E/G ratio of 1.25 and a beta of 1.84. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30.

Lam Research (NASDAQ:LRCX – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.13. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The business had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.66 billion. During the same period in the previous year, the company posted $1.33 earnings per share. The firm’s revenue for the quarter was up 30.0% compared to the same quarter last year. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Equities research analysts forecast that Lam Research Corporation will post 9.32 EPS for the current year. Wall Street Analysts Forecast Growth LRCX has been the subject of several research reports. Bank of America raised their price target on Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Morgan Stanley dropped their price objective on shares of Lam Research from $404.00 to $367.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Jefferies Financial Group set a $335.00 price objective on Lam Research and gave the stock a “buy” rating in a report on Thursday, July 30th. B. Riley Financial decreased their target price on Lam Research from $385.00 to $350.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Finally, Seaport Research Partners began coverage on Lam Research in a research note on Monday, May 4th. They set a “buy” rating and a $300.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and an average target price of $357.31.

Get Our Latest Stock Analysis on LRCX

Insider Activity In related news, Director Eric Brandt sold 54,500 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the completion of the sale, the director owned 199,205 shares of the company’s stock, valued at $69,881,114. This represents a 21.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the sale, the senior vice president owned 58,470 shares in the company, valued at $18,102,312. The trade was a 11.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 80,441 shares of company stock worth $27,614,296. 0.31% of the stock is currently owned by company insiders.

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

Positive Sentiment: AI-focused R&D expansion: Lam Research broke ground on a 120,000-square-foot laboratory in Tualatin, Oregon, as part of a planned investment of more than $3 billion in its global lab network over the next five years. The facility is intended to support collaboration with chipmakers and accelerate equipment innovations for advanced AI semiconductors. Lam Research Oregon lab announcement Positive Sentiment: Strong AI demand outlook: CEO Tim Archer said increasingly complex AI models require more computing power, bandwidth and storage, creating demand for semiconductor innovation. The investment reinforces Lam’s positioning as a supplier to the AI infrastructure buildout. Lam Research AI investment video Positive Sentiment: Favorable analyst and fundamentals commentary: Zacks highlighted AI-driven growth, recurring services revenue, earnings momentum and Lam’s balance sheet, while Mizuho maintained an “outperform” rating despite trimming its price target to $365 from $370. Lam’s latest reported quarter also showed 30% year-over-year revenue growth and an earnings beat. Neutral Sentiment: Investor outreach scheduled: CFO Doug Bettinger will participate in upcoming investor conferences. The events could provide updates on demand, AI exposure and the Oregon investment, but no new financial guidance was announced. Lam Research conference announcement Negative Sentiment: Investment and valuation concerns: The multibillion-dollar R&D expansion will raise near-term capital and operating costs, while the stock’s high earnings multiple leaves less room for disappointment. The modest analyst price-target reduction may also have limited enthusiasm. About Lam Research (Free Report)

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.

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, /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that Michael ("Mike") R. Cannon and Sohail U. Ahmed have informed the company of their respective decisions to retire from Lam's Board of Directors, effective November 2, 2026, following years of leadership.

"Mike's deep expertise in executive leadership and his passion for innovation have been invaluable in guiding Lam through strategic geographic growth and expanding its technology leadership in deposition, etch and advanced packaging," said Abhi Talwalkar, chair of the board at Lam Research. "Sohail's deep industry experience and understanding of silicon logic and semiconductor processing equipment technologies have been assets to our board. We thank Mike and Sohail for their dedication and many significant contributions and wish them well in their retirements."

Joining the Lam Board of Directors in 2011, Cannon retires after a career spanning more than 40 years of transformational leadership and innovation in several technology industries.

Most recently, Cannon held senior advisory and board roles providing guidance to technology companies on global strategy, business transformation, and operational excellence. At Seagate Technology Holdings, plc, he served on the board for fifteen years including five years as the lead independent director and five years as the board Chairman. Seagate recently announced that he will retire from the board later this year. He has also served on the boards of Dialog Semiconductor plc from 2013 until its sale to Renesas Electronics in 2021, and previously was on the board of Adobe Systems for 13 years.

Previously, Cannon held CEO and other executive leadership positions at top technology companies, most recently as the President of Global Operations at Dell Technologies leading the worldwide transformation of operations, supply chain and logistics functions. Prior to Dell, he was president and CEO of Solectron, a global electronics manufacturing services (EMS) provider, where he led the company through a major transformation, including a comprehensive restructuring plan resulting in an increased focus on design services. Previously he was CEO of Maxtor Corporation, a disk drive technology leader, for seven years including a successful IPO in 1998 and the company's acquisition by Seagate in 2006. Cannon also held several senior leadership positions at IBM, including Vice President of the Personal Storage Systems Division, with P&L responsibility for disk drive and storage solutions products. Earlier in his career, he worked as a mechanical engineer in the R&D organization of Boeing and was named an Inventor of the Year in 1983.

Joining the Lam Board of Directors in 2019, Ahmed was formerly senior vice president and general manager of the Technology and Manufacturing Group at Intel Corporation, a leading producer of microchips, computing and communications products, where he was responsible for overseeing the research, development and deployment of next-generation silicon logic technologies for the production of future Intel microprocessors. He held that position from 2015 to 2018. Immediately prior to that, he was corporate vice president and general manager, Logic Technology Department, at Intel from 2004 to January 2015. Ahmed joined Intel in 1984, working as a process engineer, and held progressive technical and management positions in logic process development.

About Lam Research
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam's equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam Research is a FORTUNE 500® company headquartered in Fremont, California, with operations around the globe. Learn more at www.lamresearch.com. 

Company Contacts

Laura Bakken
Public Relations
(510) 572-9021
[email protected] 

Ram Ganesh
Investor Relations
(510) 572-1615
[email protected]

SOURCE Lam Research Corporation

BNP Paribas decreased its position in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 57.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 10,795 shares of the semiconductor company’s stock after selling 14,575 shares during the period. BNP Paribas’ holdings in Lam Research were worth $4,604,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bayban purchased a new stake in shares of Lam Research during the 4th quarter worth approximately $26,000. Vermillion Wealth Management Inc. purchased a new stake in Lam Research in the 1st quarter valued at $26,000. Cedar Mountain Advisors LLC boosted its stake in Lam Research by 242.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 85 shares during the period. Paladin Partners LLC purchased a new position in shares of Lam Research during the second quarter worth about $26,000. Finally, Triumph Capital Management acquired a new position in Lam Research in the 3rd quarter valued at about $27,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analyst Ratings Changes Several brokerages recently weighed in on LRCX. Oppenheimer reaffirmed an “outperform” rating and set a $400.00 price target (up from $330.00) on shares of Lam Research in a report on Monday, June 15th. Rothschild & Co Redburn boosted their price target on shares of Lam Research from $305.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. Sanford C. Bernstein boosted their target price on shares of Lam Research from $325.00 to $340.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Jefferies Financial Group set a $335.00 target price on shares of Lam Research and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, HSBC restated a “hold” rating and issued a $333.00 price target on shares of Lam Research in a report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $357.31.

View Our Latest Report on Lam Research Insider Transactions at Lam Research In related news, Director Abhijit Y. Talwalkar sold 18,282 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director directly owned 87,142 shares in the company, valued at approximately $29,192,570. This trade represents a 17.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $309.60, for a total value of $2,371,226.40. Following the completion of the sale, the senior vice president directly owned 58,470 shares of the company’s stock, valued at approximately $18,102,312. This represents a 11.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 80,441 shares of company stock worth $27,614,296. 0.31% of the stock is currently owned by corporate insiders.

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

Positive Sentiment: Lam Research broke ground on a 120,000-square-foot Oregon semiconductor laboratory as part of a planned investment of more than $3 billion in its global lab network over five years. The project is intended to accelerate process innovations for advanced AI chips and improve collaboration with customers, supporting the company’s long-term growth prospects. Lam Research breaks ground on AI semiconductor lab in Oregon Positive Sentiment: The board approved a 27% increase in the quarterly dividend, from $0.26 to $0.33 per share. The payout is scheduled for October 14, 2026, for shareholders of record on September 23, providing a modest shareholder-return signal. Lam Research Corporation Announces a 27% Increase in Quarterly Dividend Neutral Sentiment: Lam’s latest earnings exceeded consensus expectations, with quarterly earnings per share of $1.82 versus the $1.69 estimate and revenue of $6.72 billion. Revenue increased 30% year over year, while management issued fiscal first-quarter 2027 EPS guidance of $2.00 to $2.30. Analysts’ median price target remains substantially above recent trading levels, although Mizuho recently lowered its target to $365. Neutral Sentiment: Two long-serving directors, Michael R. Cannon and Sohail U. Ahmed, plan to retire from the board on November 2, 2026. The transition could refresh governance but introduces some near-term uncertainty regarding board composition. Lam Research Announces Retirement of Michael R. Cannon and Sohail U. Ahmed from Board of Directors Negative Sentiment: Investors appear increasingly concerned about tariffs, export restrictions and other U.S.-China trade measures. China was Lam’s largest geographic market in fiscal 2026, making the company particularly sensitive to policy changes that could reduce demand, hurt margins or disrupt its supply chain. These macro concerns have overshadowed the dividend increase and Oregon expansion. Lam Research Slides as China Trade Risk Appears to Outweigh Dividend Hike Negative Sentiment: Reported insider activity shows selling rather than buying by executives and directors over the past six months, which may reinforce caution among investors, though such transactions can reflect personal financial planning rather than a view on company fundamentals. Lam Research Stock Performance Shares of NASDAQ:LRCX opened at $301.90 on Friday. The firm has a market capitalization of $377.77 billion, a PE ratio of 52.41, a P/E/G ratio of 1.26 and a beta of 1.84. Lam Research Corporation has a 12 month low of $94.11 and a 12 month high of $438.50. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. The business has a 50-day moving average of $330.43 and a two-hundred day moving average of $289.14.

Lam Research (NASDAQ:LRCX – Get Free Report) last posted its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.13. The business had revenue of $6.72 billion for the quarter, compared to analyst estimates of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The business’s quarterly revenue was up 30.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, research analysts forecast that Lam Research Corporation will post 9.32 earnings per share for the current year.

Lam Research Increases Dividend The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $1.32 dividend on an annualized basis and a yield of 0.4%. This is a boost from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s dividend payout ratio (DPR) is 18.06%.

About Lam Research (Free Report)

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.

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Covington Investment Advisors Inc. decreased its position in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 2.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 138,717 shares of the semiconductor company’s stock after selling 2,822 shares during the period. Lam Research comprises approximately 7.7% of Covington Investment Advisors Inc.’s holdings, making the stock its 2nd largest holding. Covington Investment Advisors Inc.’s holdings in Lam Research were worth $60,110,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. World Equity Group Inc. raised its stake in shares of Lam Research by 0.5% in the second quarter. World Equity Group Inc. now owns 5,576 shares of the semiconductor company’s stock valued at $2,416,000 after purchasing an additional 29 shares in the last quarter. Tenzing Financial LLC boosted its stake in Lam Research by 3.5% during the second quarter. Tenzing Financial LLC now owns 1,018 shares of the semiconductor company’s stock worth $441,000 after buying an additional 34 shares in the last quarter. Gibraltar Capital Management Inc. boosted its stake in Lam Research by 3.6% during the second quarter. Gibraltar Capital Management Inc. now owns 1,050 shares of the semiconductor company’s stock worth $455,000 after buying an additional 36 shares in the last quarter. Elevated Financial Group LLC increased its holdings in Lam Research by 3.0% in the 2nd quarter. Elevated Financial Group LLC now owns 1,223 shares of the semiconductor company’s stock valued at $530,000 after buying an additional 36 shares during the period. Finally, Yoder Wealth Management Inc. increased its holdings in Lam Research by 3.3% in the 2nd quarter. Yoder Wealth Management Inc. now owns 1,129 shares of the semiconductor company’s stock valued at $489,000 after buying an additional 36 shares during the period. Institutional investors own 84.61% of the company’s stock.

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

Positive Sentiment: Lam Research broke ground on a 120,000-square-foot Oregon semiconductor laboratory as part of a planned investment of more than $3 billion in its global lab network over five years. The project is intended to accelerate process innovations for advanced AI chips and improve collaboration with customers, supporting the company’s long-term growth prospects. Lam Research breaks ground on AI semiconductor lab in Oregon Positive Sentiment: The board approved a 27% increase in the quarterly dividend, from $0.26 to $0.33 per share. The payout is scheduled for October 14, 2026, for shareholders of record on September 23, providing a modest shareholder-return signal. Lam Research Corporation Announces a 27% Increase in Quarterly Dividend Neutral Sentiment: Lam’s latest earnings exceeded consensus expectations, with quarterly earnings per share of $1.82 versus the $1.69 estimate and revenue of $6.72 billion. Revenue increased 30% year over year, while management issued fiscal first-quarter 2027 EPS guidance of $2.00 to $2.30. Analysts’ median price target remains substantially above recent trading levels, although Mizuho recently lowered its target to $365. Neutral Sentiment: Two long-serving directors, Michael R. Cannon and Sohail U. Ahmed, plan to retire from the board on November 2, 2026. The transition could refresh governance but introduces some near-term uncertainty regarding board composition. Lam Research Announces Retirement of Michael R. Cannon and Sohail U. Ahmed from Board of Directors Negative Sentiment: Investors appear increasingly concerned about tariffs, export restrictions and other U.S.-China trade measures. China was Lam’s largest geographic market in fiscal 2026, making the company particularly sensitive to policy changes that could reduce demand, hurt margins or disrupt its supply chain. These macro concerns have overshadowed the dividend increase and Oregon expansion. Lam Research Slides as China Trade Risk Appears to Outweigh Dividend Hike Negative Sentiment: Reported insider activity shows selling rather than buying by executives and directors over the past six months, which may reinforce caution among investors, though such transactions can reflect personal financial planning rather than a view on company fundamentals. Lam Research Stock Down 5.2% LRCX opened at $301.90 on Friday. The firm’s 50-day simple moving average is $330.43 and its 200-day simple moving average is $289.14. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. Lam Research Corporation has a twelve month low of $94.11 and a twelve month high of $438.50. The firm has a market cap of $377.77 billion, a price-to-earnings ratio of 52.41, a PEG ratio of 1.20 and a beta of 1.84. Lam Research (NASDAQ:LRCX – Get Free Report) last announced its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The business had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.66 billion. During the same quarter last year, the company posted $1.33 EPS. The firm’s revenue for the quarter was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Equities research analysts anticipate that Lam Research Corporation will post 9.33 EPS for the current fiscal year.

Lam Research Increases Dividend The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.4%. This is an increase from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date is Wednesday, September 23rd. Lam Research’s dividend payout ratio is presently 18.06%.

Insider Activity In related news, SVP Neil J. Fernandes sold 7,659 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the sale, the senior vice president directly owned 58,470 shares of the company’s stock, valued at $18,102,312. This trade represents a 11.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 completion of the transaction, the director owned 199,205 shares of the company’s stock, valued at approximately $69,881,114. The trade was a 21.48% decrease in their position. 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 90 days, insiders sold 80,441 shares of company stock worth $27,614,296. Insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In A number of research firms have recently commented on LRCX. Wells Fargo & Company reaffirmed an “overweight” rating and set a $350.00 price objective (down from $450.00) on shares of Lam Research in a report on Thursday, July 30th. 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. UBS Group reissued a “buy” rating and issued a $375.00 price target (up from $310.00) on shares of Lam Research in a research report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 price target on shares of Lam Research in a research note on Thursday, July 30th. Finally, Stifel Nicolaus lifted their price objective on Lam Research from $325.00 to $425.00 and gave the company a “buy” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and a consensus price target of $357.31.

View Our Latest Analysis on LRCX

Lam Research Profile (Free Report)

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.

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Benjamin Edwards Inc. decreased its position in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 26.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 95,651 shares of the semiconductor company’s stock after selling 35,284 shares during the period. Benjamin Edwards Inc.’s holdings in Lam Research were worth $41,454,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bayban purchased a new position in Lam Research during the 4th quarter worth $26,000. Vermillion Wealth Management Inc. acquired a new stake in shares of Lam Research in the 1st quarter worth approximately $26,000. Cedar Mountain Advisors LLC increased its position in shares of Lam Research by 242.9% in the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 85 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new position in Lam Research during the 4th quarter valued at about $27,000. Finally, Triumph Capital Management acquired a new position in shares of Lam Research during the 3rd quarter worth approximately $27,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes Several equities analysts recently issued reports on LRCX shares. Cantor Fitzgerald set a $500.00 price objective on shares of Lam Research and gave the company an “overweight” rating in a research note on Monday, June 29th. Wells Fargo & Company restated an “overweight” rating and set a $350.00 target price (down from $450.00) on shares of Lam Research in a report on Thursday, July 30th. TD Cowen reaffirmed a “buy” rating and issued a $400.00 price objective (up from $340.00) on shares of Lam Research in a research report on Thursday, July 9th. Oppenheimer reiterated an “outperform” rating and issued a $400.00 price target (up from $330.00) on shares of Lam Research in a research note on Monday, June 15th. Finally, Mizuho lifted their price target on shares of Lam Research from $380.00 to $400.00 and gave the stock an “outperform” rating in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $358.47.

Check Out Our Latest Research Report on LRCX Insiders Place Their Bets In other news, SVP Neil J. Fernandes sold 7,659 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the sale, the senior vice president owned 58,470 shares in the company, valued at $18,102,312. The trade was a 11.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was 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 of the company’s stock, valued at $69,881,114. The trade was a 21.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 80,441 shares of company stock worth $27,614,296. Company insiders own 0.31% of the company’s stock.

Lam Research Stock Performance Shares of LRCX opened at $314.00 on Monday. Lam Research Corporation has a 1 year low of $94.11 and a 1 year high of $438.50. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. The company has a market cap of $392.91 billion, a price-to-earnings ratio of 54.51, a price-to-earnings-growth ratio of 1.25 and a beta of 1.84. The firm has a fifty day moving average of $337.47 and a 200-day moving average of $286.43.

Lam Research (NASDAQ:LRCX – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. The business had revenue of $6.72 billion for the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The company’s revenue was up 30.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, equities analysts anticipate that Lam Research Corporation will post 9.32 earnings per share for the current year.

Lam Research Company Profile (Free Report)

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.

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D.A. Davidson & CO. decreased its stake in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 6.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,994 shares of the semiconductor company’s stock after selling 5,449 shares during the period. D.A. Davidson & CO.’s holdings in Lam Research were worth $32,497,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. State Street Corp increased its position in Lam Research by 0.4% in the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock valued at $8,024,684,000 after acquiring an additional 265,805 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Lam Research by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 33,747,368 shares of the semiconductor company’s stock worth $5,764,117,000 after purchasing an additional 126,613 shares in the last quarter. Invesco Ltd. lifted its position in shares of Lam Research by 7.7% during the fourth quarter. Invesco Ltd. now owns 22,821,354 shares of the semiconductor company’s stock worth $3,906,559,000 after purchasing an additional 1,638,406 shares in the last quarter. Norges Bank bought a new stake in shares of Lam Research during the fourth quarter valued at approximately $3,645,427,000. Finally, Price T Rowe Associates Inc. MD grew its stake in shares of Lam Research by 352.2% during the fourth 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. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Price Performance Shares of NASDAQ:LRCX opened at $314.00 on Monday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. The stock has a market cap of $392.91 billion, a price-to-earnings ratio of 54.51, a P/E/G ratio of 1.25 and a beta of 1.84. The company has a 50 day moving average of $337.47 and a 200-day moving average of $286.43. Lam Research Corporation has a one year low of $94.11 and a one year high of $438.50.

Lam Research (NASDAQ:LRCX – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The business had revenue of $6.72 billion for the quarter, compared to analyst estimates of $6.66 billion. During the same period in the prior year, the business posted $1.33 earnings per share. Lam Research’s revenue was up 30.0% compared to the same quarter last year. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, sell-side analysts forecast that Lam Research Corporation will post 9.32 earnings per share for the current year. Insider Buying and Selling at Lam Research In other news, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $309.60, for a total value of $2,371,226.40. Following the transaction, the senior vice president owned 58,470 shares of the company’s stock, valued at $18,102,312. This represents a 11.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the firm’s stock in a transaction on Monday, July 13th. The stock was sold at an average price of $335.00, for a total value of $6,124,470.00. Following the completion of the transaction, the director owned 87,142 shares in the company, valued at $29,192,570. This represents a 17.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 80,441 shares of company stock worth $27,614,296. Insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades A number of analysts recently weighed in on the stock. UBS Group reissued a “buy” rating and issued a $375.00 price target (up from $310.00) on shares of Lam Research in a report on Tuesday, June 9th. Evercore reaffirmed an “outperform” rating and set a $355.00 price objective on shares of Lam Research in a report on Monday, July 20th. HSBC reiterated a “hold” rating and issued a $333.00 price objective on shares of Lam Research in a research report on Monday, July 27th. Bank of America lifted their target price on Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Finally, Oppenheimer restated an “outperform” rating and set a $400.00 target price (up from $330.00) on shares of Lam Research in a research report on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $358.47.

View Our Latest Stock Report on LRCX

Lam Research Company Profile (Free Report)

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.

See Also Five stocks we like better than Lam Research VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over Want to see what other hedge funds are holding LRCX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lam Research Corporation (NASDAQ:LRCX – Free Report).

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ABN Amro Investment Solutions increased its stake in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 7.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 134,707 shares of the semiconductor company’s stock after acquiring an additional 9,903 shares during the period. ABN Amro Investment Solutions’ holdings in Lam Research were worth $58,373,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac bought a new position in shares of Lam Research during the fourth quarter valued at about $10,035,000. Generali Investments Management Co LLC increased its holdings in shares of Lam Research by 62.0% in the fourth quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company’s stock worth $6,209,000 after buying an additional 13,878 shares during the period. Rokos Capital Management LLP lifted its stake in shares of Lam Research by 42.0% in the 1st quarter. Rokos Capital Management LLP now owns 259,921 shares of the semiconductor company’s stock valued at $55,532,000 after acquiring an additional 76,840 shares during the last quarter. Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in Lam Research during the 1st quarter valued at about $59,973,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in Lam Research during the 1st quarter valued at about $26,489,000. Institutional investors own 84.61% of the company’s stock.

Lam Research Trading Up 1.1% NASDAQ:LRCX opened at $314.00 on Friday. The company has a 50-day moving average price of $337.47 and a 200-day moving average price of $286.09. The stock has a market cap of $392.91 billion, a price-to-earnings ratio of 54.51, a P/E/G ratio of 1.23 and a beta of 1.84. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. Lam Research Corporation has a 12 month low of $94.11 and a 12 month high of $438.50.

Lam Research (NASDAQ:LRCX – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The company had revenue of $6.72 billion for the quarter, compared to analysts’ expectations of $6.66 billion. During the same quarter in the previous year, the company earned $1.33 earnings per share. Lam Research’s quarterly revenue was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Equities analysts predict that Lam Research Corporation will post 9.32 EPS for the current year. Insider Transactions at Lam Research In related news, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $309.60, for a total value of $2,371,226.40. Following the completion of the transaction, the senior vice president directly owned 58,470 shares in the company, valued at $18,102,312. This trade represents a 11.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of Lam Research stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the transaction, the director directly owned 199,205 shares of the company’s stock, valued at approximately $69,881,114. This trade represents a 21.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 80,441 shares of company stock valued at $27,614,296. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In A number of brokerages have commented on LRCX. Oppenheimer reaffirmed an “outperform” rating and issued a $400.00 price target (up from $330.00) on shares of Lam Research in a research note on Monday, June 15th. Wall Street Zen lowered Lam Research from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Mizuho raised their target price on shares of Lam Research from $380.00 to $400.00 and gave the stock an “outperform” rating in a report on Thursday, July 9th. Citigroup reaffirmed a “buy” rating and issued a $450.00 target price (up from $315.00) on shares of Lam Research in a research note on Wednesday, June 17th. Finally, TD Cowen reiterated a “buy” rating and set a $400.00 price target (up from $340.00) on shares of Lam Research in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Lam Research has an average rating of “Moderate Buy” and an average price target of $358.47.

View Our Latest Report on LRCX

About Lam Research (Free Report)

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.

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Fulcrum Capital LLC trimmed its position in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 6.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 71,266 shares of the semiconductor company’s stock after selling 5,127 shares during the quarter. Lam Research makes up 6.3% of Fulcrum Capital LLC’s holdings, making the stock its 2nd largest position. Fulcrum Capital LLC’s holdings in Lam Research were worth $30,882,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the company. Norges Bank acquired a new position in Lam Research during the fourth quarter worth approximately $3,645,427,000. Price T Rowe Associates Inc. MD lifted its position in shares of Lam Research by 352.2% in the fourth 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 buying an additional 10,666,540 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of Lam Research by 57.0% during the 4th quarter. Franklin Resources Inc. now owns 10,110,560 shares of the semiconductor company’s stock worth $1,730,724,000 after acquiring an additional 3,671,073 shares during the period. Corient Private Wealth LLC boosted its stake in shares of Lam Research by 235.5% during the 4th quarter. Corient Private Wealth LLC now owns 5,199,441 shares of the semiconductor company’s stock worth $890,040,000 after acquiring an additional 3,649,553 shares during the period. Finally, J. Stern & Co. LLP increased its holdings in shares of Lam Research by 3,826.9% during the 4th quarter. J. Stern & Co. LLP now owns 3,459,377 shares of the semiconductor company’s stock worth $592,176,000 after acquiring an additional 3,371,283 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling In other Lam Research news, Director Abhijit Y. Talwalkar sold 18,282 shares of the stock in a transaction dated 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 sale, the director directly owned 87,142 shares in the company, valued at $29,192,570. This represents a 17.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the transaction, the senior vice president directly owned 58,470 shares in the company, valued at approximately $18,102,312. This represents a 11.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 80,441 shares of company stock valued at $27,614,296 over the last quarter. 0.31% of the stock is owned by company insiders.

Lam Research Price Performance NASDAQ:LRCX opened at $307.17 on Thursday. Lam Research Corporation has a 52 week low of $94.11 and a 52 week high of $438.50. The firm’s 50-day simple moving average is $339.57 and its 200 day simple moving average is $285.35. The firm has a market cap of $384.37 billion, a price-to-earnings ratio of 53.33, a P/E/G ratio of 1.30 and a beta of 1.84. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. Lam Research (NASDAQ:LRCX – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. The company had revenue of $6.72 billion during the quarter, compared to the consensus estimate of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The firm’s quarterly revenue was up 30.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, sell-side analysts predict that Lam Research Corporation will post 9.32 earnings per share for the current year.

Wall Street Analyst Weigh In Several equities research analysts have issued reports on LRCX shares. Stifel Nicolaus raised their price target on Lam Research from $325.00 to $425.00 and gave the company a “buy” rating in a report on Friday, July 10th. TD Cowen reiterated a “buy” rating and issued a $400.00 price objective (up from $340.00) on shares of Lam Research in a report on Thursday, July 9th. UBS Group reissued a “buy” rating and issued a $375.00 price objective (up from $310.00) on shares of Lam Research in a research report on Tuesday, June 9th. Needham & Company LLC restated a “buy” rating and set a $390.00 target price on shares of Lam Research in a research note on Thursday, July 30th. Finally, Citigroup reaffirmed a “buy” rating and set a $450.00 target price (up from $315.00) on shares of Lam Research in a report on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and an average target price of $358.47.

Check Out Our Latest Stock Analysis on Lam Research

About Lam Research (Free Report)

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.

Featured Articles Five stocks we like better than Lam Research Bloom Energy’s AI Surge Meets a Valuation Reality Check Target Is Winning Shoppers Back—Can the Rally Reach $180? IonQ’s Space Contract Points to a New Frontier for Quantum Investors Is Apple’s AI Strategy Smarter Than Skeptics Think? Want to see what other hedge funds are holding LRCX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lam Research Corporation (NASDAQ:LRCX – Free Report).

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Athena Wealth Management LLC trimmed its stake in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 75.5% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 627 shares of the semiconductor company’s stock after selling 1,935 shares during the quarter. Athena Wealth Management LLC’s holdings in Lam Research were worth $272,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of LRCX. State Street Corp raised its stake in Lam Research by 0.4% in the third quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock valued at $8,024,684,000 after purchasing an additional 265,805 shares in the last quarter. Geode Capital Management LLC grew its stake in Lam Research by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 33,747,368 shares of the semiconductor company’s stock worth $5,764,117,000 after buying an additional 126,613 shares in the last quarter. Invesco Ltd. grew its stake in Lam Research by 7.7% during the fourth quarter. Invesco Ltd. now owns 22,821,354 shares of the semiconductor company’s stock worth $3,906,559,000 after buying an additional 1,638,406 shares in the last quarter. Norges Bank bought a new position in Lam Research in the 4th quarter valued at about $3,645,427,000. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Lam Research by 352.2% in 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 buying an additional 10,666,540 shares in the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Insider Activity In other news, Director Eric Brandt sold 54,500 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $350.80, for a total value of $19,118,600.00. Following the completion of the transaction, the director directly owned 199,205 shares in the company, valued at approximately $69,881,114. This represents a 21.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the firm’s stock in a transaction on Monday, July 13th. The shares were sold at an average price of $335.00, for a total value of $6,124,470.00. Following the sale, the director directly owned 87,142 shares in the company, valued at approximately $29,192,570. This trade represents a 17.34% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 80,441 shares of company stock worth $27,614,296. Insiders own 0.31% of the company’s stock.

Lam Research Trading Down 6.3% Shares of Lam Research stock opened at $307.17 on Thursday. The firm’s 50 day moving average is $339.57 and its 200 day moving average is $285.35. The firm has a market capitalization of $384.37 billion, a PE ratio of 53.33, a price-to-earnings-growth ratio of 1.30 and a beta of 1.84. Lam Research Corporation has a 1 year low of $94.11 and a 1 year high of $438.50. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. Lam Research (NASDAQ:LRCX – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, beating the consensus estimate of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The business had revenue of $6.72 billion during the quarter, compared to the consensus estimate of $6.66 billion. During the same quarter in the prior year, the firm earned $1.33 EPS. The firm’s revenue was up 30.0% compared to the same quarter last year. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Equities research analysts forecast that Lam Research Corporation will post 9.32 earnings per share for the current fiscal year.

Analyst Ratings Changes A number of analysts have recently weighed in on the stock. Morgan Stanley cut their price target on shares of Lam Research from $404.00 to $367.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Zacks Research raised shares of Lam Research from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. Citigroup restated a “buy” rating and set a $450.00 price objective (up from $315.00) on shares of Lam Research in a research report on Wednesday, June 17th. Rothschild & Co Redburn raised their target price on Lam Research from $305.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, June 17th. Finally, HSBC reaffirmed a “hold” rating and issued a $333.00 target price on shares of Lam Research in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $358.47.

View Our Latest Research Report on LRCX

About Lam Research (Free Report)

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.

Featured Articles Five stocks we like better than Lam Research Bloom Energy’s AI Surge Meets a Valuation Reality Check Target Is Winning Shoppers Back—Can the Rally Reach $180? IonQ’s Space Contract Points to a New Frontier for Quantum Investors Is Apple’s AI Strategy Smarter Than Skeptics Think?

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Key Takeaways Lam Research is expanding its DRAM position as AI drives HBM and next-generation memory demand.DRAM was 23% of fiscal Q4 systems revenues, with revenues staying near Q3's record level.Akara's installed base doubled annually since launch, with LRCX expecting that trend to continue in 2027. Lam Research Corporation (LRCX - Free Report) is strengthening its position in the DRAM (Dynamic Random Access Memory) market as artificial intelligence (AI) drives demand for high-bandwidth memory (HBM) and next-generation memory technologies. The opportunity is becoming more important as memory makers invest in capacity additions and technology upgrades across 1-alpha, 1-beta and 1-gamma DRAM nodes, supporting DDR5, LPDDR5 and HBM.

DRAM accounted for 23% of Lam Research’s systems revenues in the fourth quarter of fiscal 2026 compared with 27% in the previous quarter. Although the share declined, DRAM revenues remained near the record level reached in the third quarter, showing that demand remains solid.

Lam Research is also expanding its technology footprint. Its VECTOR platform is gaining adoption for hard-mask deposition and diffusion-barrier applications, while Akara is winning advanced DRAM etch opportunities. These tools are designed for increasingly complex memory structures, giving LRCX more opportunities to capture spending as manufacturers move to newer nodes. During the last earnings call, management revealed that Akara’s installed base doubled annually since its launch and expects that growth trend to continue in 2027.

The broader financial picture also supports the growth case. Lam Research posted fourth-quarter revenues of $6.72 billion, up 15.1% sequentially, while non-GAAP operating margin expanded 340 basis points to 38.4%. The company now expects 2026 wafer fabrication equipment spending to reach the low-$150 billion range, up from its prior projection of $140 billion.

Overall, Lam Research’s expanding DRAM exposure could become an important growth driver, particularly if AI-related HBM demand continues to push memory makers toward more advanced manufacturing technologies. The Zacks Consensus Estimate for fiscal 2027 revenues is currently pegged at $34.48 billion, indicating a 48.4% year-over-year increase.

Applied Materials and KLA: Can They Challenge LRCX in DRAM?Lam Research faces strong competition in the growing DRAM equipment market, particularly from Applied Materials, Inc. (AMAT - Free Report) and KLA Corporation (KLAC - Free Report) .

Applied Materials is a major rival across deposition and other process steps and is benefiting from rising HBM demand. In the third quarter of fiscal 2026, Applied Materials’ total revenues jumped 25% year over year to $9.12 billion, while its semiconductor systems segment’s revenues rose 27% to $7.04 billion.

Applied Materials’ DRAM segment accounted for 26% of semiconductor systems’ revenues during the third quarter. DRAM revenues jumped 52% year over year, mainly benefiting from increasing memory requirements of AI infrastructure.

KLA is another important competitor because its process-control tools help memory manufacturers improve yields as DRAM structures become more complex. The company is well positioned to benefit from rising spending on advanced memory and HBM, although its exposure differs from Lam Research’s focus on etch and deposition.

In the last reported results for the fourth quarter of fiscal 2026, KLA revenues soared 15% year over year to $3.66 billion, while its semiconductor process control systems segment’s revenues rose 13% to $3.26 billion. Memory accounted for 21% of semiconductor process control systems’ revenues, reflecting demand for HBM and increasingly complex DRAM manufacturing processes.

LRCX’s Share Price Performance, Valuation and EstimatesShares of Lam Research have surged 100.4% year to date compared with the Zacks Electronics – Semiconductors industry’s rise of 34.1%.

Lam Research YTD Price Return Performance
Image Source: Zacks Investment Research

From a valuation standpoint, Lam Research trades at a forward price-to-earnings ratio of 35.83, significantly higher than the industry’s average of 14.58.

Lam Research Forward 12-Month P/E Ratio
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Lam Research’s fiscal 2027 and 2028 earnings implies a year-over-year increase of approximately 60.4% and 21.7%, respectively. Estimates for fiscal 2027 and 2028 have been revised upward over the past 30 days.

Image Source: Zacks Investment Research

Lam Research currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Farther Finance Advisors LLC lifted its holdings in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 7.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 58,476 shares of the semiconductor company’s stock after purchasing an additional 4,102 shares during the period. Farther Finance Advisors LLC’s holdings in Lam Research were worth $25,268,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in LRCX. Bayban purchased a new stake in Lam Research during the fourth quarter valued at about $26,000. Vermillion Wealth Management Inc. bought a new position in shares of Lam Research during the first quarter valued at about $26,000. Cedar Mountain Advisors LLC increased its holdings in shares of Lam Research by 242.9% in the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after buying an additional 85 shares during the period. Mcguire Capital Advisors Inc. purchased a new position in shares of Lam Research in the fourth quarter worth about $27,000. Finally, Triumph Capital Management bought a new stake in shares of Lam Research in the 3rd quarter valued at about $27,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Trading Up 3.5% NASDAQ LRCX opened at $343.84 on Tuesday. The stock has a market cap of $430.25 billion, a P/E ratio of 59.69, a price-to-earnings-growth ratio of 1.32 and a beta of 1.84. Lam Research Corporation has a fifty-two week low of $94.11 and a fifty-two week high of $438.50. The stock has a 50 day simple moving average of $339.85 and a two-hundred day simple moving average of $284.31. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63.

Lam Research (NASDAQ:LRCX – Get Free Report) last posted its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.13. The firm had revenue of $6.72 billion for the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The business’s revenue was up 30.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, analysts forecast that Lam Research Corporation will post 9.32 earnings per share for the current year. Lam Research Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th were given a dividend of $0.26 per share. 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 presently 18.06%.

Insiders Place Their Bets In other Lam Research news, Director Abhijit Y. Talwalkar sold 18,282 shares of the company’s stock in a transaction on Monday, July 13th. The shares were sold at an average price of $335.00, for a total value of $6,124,470.00. Following the completion of the transaction, the director directly owned 87,142 shares in the company, valued at approximately $29,192,570. This represents a 17.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the completion of the sale, the director directly owned 199,205 shares of the company’s stock, valued at approximately $69,881,114. This represents a 21.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 80,441 shares of company stock worth $27,614,296. 0.31% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. increased their target price on Lam Research from $300.00 to $315.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Berenberg Bank lifted their price target on Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. B. Riley Financial lowered their price objective on Lam Research from $385.00 to $350.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Raymond James Financial set a $425.00 price objective on Lam Research in a research note on Wednesday, June 10th. Finally, Oppenheimer reiterated an “outperform” rating and set a $400.00 price target (up from $330.00) on shares of Lam Research in a report on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Lam Research has an average rating of “Moderate Buy” and an average target price of $358.47.

View Our Latest Report on Lam Research

Lam Research Company Profile (Free Report)

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.

See Also Five stocks we like better than Lam Research Commodities Are Booming, But These 3 ETFs Tell Different Stories 3 Active ETFs Making Big Moves in August This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem Birkenstock Beats the Skeptics—But Not on EPS Want to see what other hedge funds are holding LRCX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lam Research Corporation (NASDAQ:LRCX – Free Report).

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Cypress Point Wealth Management LLC purchased a new position in Lam Research Corporation (NASDAQ:LRCX – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,632 shares of the semiconductor company’s stock, valued at approximately $707,000.

A number of other institutional investors have also made changes to their positions in LRCX. Farther Finance Advisors LLC grew its stake in shares of Lam Research by 7.5% during the second quarter. Farther Finance Advisors LLC now owns 58,476 shares of the semiconductor company’s stock worth $25,268,000 after purchasing an additional 4,102 shares during the period. Ballentine Partners LLC raised its position in shares of Lam Research by 1.4% in the 2nd quarter. Ballentine Partners LLC now owns 53,012 shares of the semiconductor company’s stock valued at $22,972,000 after acquiring an additional 724 shares during the period. O Connor Financial Group LLC bought a new position in Lam Research during the 2nd quarter worth approximately $214,000. Amplius Wealth Advisors LLC bought a new position in Lam Research during the 2nd quarter worth approximately $250,000. Finally, Core Wealth Partners LLC grew its holdings in Lam Research by 2.4% during the second quarter. Core Wealth Partners LLC now owns 4,095 shares of the semiconductor company’s stock valued at $1,774,000 after purchasing an additional 95 shares during the period. 84.61% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Lam Research In other Lam Research news, Director Eric Brandt sold 54,500 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the sale, the director directly owned 199,205 shares in the company, valued at $69,881,114. This represents a 21.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the director directly owned 87,142 shares in the company, valued at approximately $29,192,570. This represents a 17.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 80,441 shares of company stock valued at $27,614,296. 0.31% of the stock is owned by corporate insiders.

Lam Research Stock Up 3.5% Shares of LRCX opened at $343.84 on Tuesday. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. Lam Research Corporation has a 12 month low of $94.11 and a 12 month high of $438.50. The firm’s 50 day moving average is $339.85 and its 200-day moving average is $284.31. The stock has a market capitalization of $430.25 billion, a PE ratio of 59.69, a P/E/G ratio of 1.32 and a beta of 1.84. Lam Research (NASDAQ:LRCX – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.13. The business had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The firm’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Equities research analysts forecast that Lam Research Corporation will post 9.32 EPS for the current year.

Lam Research Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Wednesday, June 17th. Lam Research’s dividend payout ratio is presently 18.06%.

Wall Street Analyst Weigh In LRCX has been the subject of several recent analyst reports. Bank of America upped their target price on shares of Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Weiss Ratings cut shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, August 7th. Susquehanna reaffirmed a “positive” rating and set a $475.00 price objective (up from $385.00) on shares of Lam Research in a research note on Tuesday, June 30th. Zacks Research upgraded shares of Lam Research from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. Finally, BNP Paribas Exane raised their price target on shares of Lam Research from $250.00 to $260.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $358.47.

Get Our Latest Stock Analysis on LRCX

Lam Research Company Profile (Free Report)

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.

See Also Five stocks we like better than Lam Research Commodities Are Booming, But These 3 ETFs Tell Different Stories 3 Active ETFs Making Big Moves in August This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem Birkenstock Beats the Skeptics—But Not on EPS

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Diversified Trust Co. lifted its position in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 4.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,268 shares of the semiconductor company’s stock after purchasing an additional 1,638 shares during the quarter. Diversified Trust Co.’s holdings in Lam Research were worth $16,150,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in LRCX. Cedar Mountain Advisors LLC grew its stake in Lam Research by 242.9% in the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 85 shares during the period. Vermillion Wealth Management Inc. bought a new stake in shares of Lam Research in the first quarter worth about $26,000. Bayban bought a new stake in shares of Lam Research in the fourth quarter worth about $26,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Lam Research during the fourth quarter worth about $27,000. Finally, Core Wealth Advisors LLC acquired a new stake in shares of Lam Research during the fourth quarter worth about $29,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Price Performance Shares of NASDAQ LRCX opened at $343.84 on Tuesday. The business’s 50 day moving average price is $339.85 and its two-hundred day moving average price is $284.31. The company has a market cap of $430.25 billion, a PE ratio of 59.69, a price-to-earnings-growth ratio of 1.32 and a beta of 1.84. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. Lam Research Corporation has a twelve month low of $94.11 and a twelve month high of $438.50.

Lam Research (NASDAQ:LRCX – Get Free Report) last posted its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.13. The company had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. Lam Research’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, analysts predict that Lam Research Corporation will post 9.32 EPS for the current year. Lam Research Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. Lam Research’s payout ratio is 18.06%.

Insider Buying and Selling In other news, Director Eric Brandt sold 54,500 shares of the stock in a transaction dated 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 completion of the transaction, the director owned 199,205 shares of the company’s stock, valued at approximately $69,881,114. This represents a 21.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director owned 87,142 shares in the company, valued at $29,192,570. This represents a 17.34% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 80,441 shares of company stock worth $27,614,296 in the last ninety days. 0.31% of the stock is owned by insiders.

Wall Street Analyst Weigh In Several research firms have recently weighed in on LRCX. Stifel Nicolaus upped their price target on shares of Lam Research from $325.00 to $425.00 and gave the company a “buy” rating in a report on Friday, July 10th. Morgan Stanley cut their price objective on shares of Lam Research from $404.00 to $367.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Rothschild & Co Redburn upped their target price on shares of Lam Research from $305.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. JPMorgan Chase & Co. lifted their price target on Lam Research from $300.00 to $315.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Finally, Cantor Fitzgerald set a $500.00 price target on Lam Research and gave the company an “overweight” rating in a report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and an average price target of $358.47.

Check Out Our Latest Stock Report on Lam Research

Lam Research Profile (Free Report)

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.

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Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its position in shares of Lam Research Corporation (NASDAQ: LRCX) by 5.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 276,217 shares of the semiconductor company's stock after selling 14,675 shares during the

Bar Harbor Wealth Management lowered its holdings in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 10.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,789 shares of the semiconductor company’s stock after selling 4,243 shares during the period. Lam Research makes up 0.8% of Bar Harbor Wealth Management’s portfolio, making the stock its 21st biggest position. Bar Harbor Wealth Management’s holdings in Lam Research were worth $15,075,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. State Street Corp grew its stake in Lam Research by 0.4% during the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock valued at $8,024,684,000 after acquiring an additional 265,805 shares in the last quarter. Geode Capital Management LLC lifted its position in Lam Research by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 33,747,368 shares of the semiconductor company’s stock worth $5,764,117,000 after buying an additional 126,613 shares in the last quarter. Invesco Ltd. lifted its position in Lam Research by 7.7% in the 4th quarter. Invesco Ltd. now owns 22,821,354 shares of the semiconductor company’s stock worth $3,906,559,000 after buying an additional 1,638,406 shares in the last quarter. Norges Bank acquired a new stake in shares of Lam Research during the 4th quarter valued at $3,645,427,000. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of 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 buying an additional 10,666,540 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Activity
In related news, Director Eric Brandt sold 54,500 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $350.80, for a total value of $19,118,600.00. Following the completion of the transaction, the director directly owned 199,205 shares in the company, valued at approximately $69,881,114. This represents a 21.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of Lam Research stock in a transaction on Monday, July 13th. The stock was sold at an average price of $335.00, for a total transaction of $6,124,470.00. Following the sale, the director owned 87,142 shares in the company, valued at $29,192,570. This represents a 17.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 80,441 shares of company stock worth $27,614,296. Company insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on LRCX shares. BNP Paribas Exane upped their price target on shares of Lam Research from $250.00 to $260.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Mizuho lifted their price objective on Lam Research from $380.00 to $400.00 and gave the company an “outperform” rating in a research report on Thursday, July 9th. Raymond James Financial set a $425.00 target price on Lam Research in a research note on Wednesday, June 10th. Royal Bank Of Canada lifted their price target on Lam Research from $290.00 to $310.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Finally, Evercore reissued an “outperform” rating and issued a $355.00 price target on shares of Lam Research in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $358.47.

Read Our Latest Stock Analysis on Lam Research

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

Positive Sentiment: Lam Research plans to increase R&D experiment capacity by more than 50% across facilities in the United States, Asia and Europe. Management says the investment should accelerate product development and help customers address increasingly complex AI-chip architectures, materials and nanoscale manufacturing requirements. Reuters article
Positive Sentiment: Investors are viewing Lam’s expertise in etching, including next-generation atomic-layer etching, as a potentially valuable competitive advantage as AI-driven semiconductor production requires greater manufacturing precision. The company’s recent rebound has renewed optimism that its technology could benefit from a longer-term equipment upcycle. 247WallSt article
Positive Sentiment: SanDisk’s bullish multiyear financial targets have strengthened expectations for memory-industry capital spending through 2030, supporting demand prospects for semiconductor equipment suppliers such as Lam Research. SanDisk financial targets article
Neutral Sentiment: Polen Capital identified LRCX as a top performer in its Focus Growth portfolio, while Zacks continues to highlight the stock’s long-term earnings outlook. These endorsements may support sentiment but do not represent new company guidance or guaranteed returns. Polen Capital article
Negative Sentiment: The R&D expansion requires substantial spending over several years, creating execution and return-on-investment risks. Lam also trades at a relatively elevated valuation after a sharp recovery, leaving the stock vulnerable to profit-taking and concerns that the semiconductor cycle may be approaching a peak.

Lam Research Price Performance
Shares of Lam Research stock opened at $332.36 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. The company has a market cap of $415.89 billion, a PE ratio of 57.70, a price-to-earnings-growth ratio of 1.34 and a beta of 1.84. The firm has a fifty day moving average price of $339.46 and a two-hundred day moving average price of $283.14. Lam Research Corporation has a fifty-two week low of $94.11 and a fifty-two week high of $438.50.

Lam Research (NASDAQ:LRCX – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.13. The company had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The business’s revenue was up 30.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Analysts expect that Lam Research Corporation will post 9.32 EPS for the current year.

Lam Research Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. Lam Research’s payout ratio is currently 18.06%.

Lam Research Profile
(Free Report)

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.

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