Lam Research (NASDAQ:LRCX) Price Target Raised to $260.00

Lam Research (NASDAQ:LRCX) had its price target lifted by Morgan Stanley from $254.00 to $260.00 in a research report sent to investors on Monday, Marketbeat.com reports. They currently have an equal weight rating on the semiconductor company’s stock.

A number of other research firms have also weighed in on LRCX. Sanford C. Bernstein upped their price target on shares of Lam Research from $275.00 to $285.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Stifel Nicolaus upped their price target on shares of Lam Research from $250.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Evercore set a $275.00 price target on shares of Lam Research in a research report on Thursday, January 29th. B. Riley Financial reiterated a “buy” rating on shares of Lam Research in a research report on Thursday, January 15th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Lam Research from $260.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $245.54.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $246.49 on Monday. The firm has a 50 day moving average of $226.83 and a 200 day moving average of $187.54. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $307.81 billion, a price-to-earnings ratio of 50.51, a price-to-earnings-growth ratio of 2.35 and a beta of 1.78. Lam Research has a 12-month low of $59.92 and a 12-month high of $256.68.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.10. The company had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, research analysts anticipate that Lam Research will post 3.71 earnings per share for the current year.

Lam Research Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Lam Research’s dividend payout ratio is currently 21.31%.

Insider Buying and Selling

In related news, insider Ava Harter sold 4,000 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $232.50, for a total transaction of $930,000.00. Following the completion of the transaction, the insider owned 54,705 shares in the company, valued at approximately $12,718,912.50. This represents a 6.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Eric Brandt sold 35,000 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the transaction, the director owned 253,705 shares of the company’s stock, valued at approximately $57,235,848. This represents a 12.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is owned by insiders.

Hedge Funds Weigh In On Lam Research

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Lingohr Asset Management GmbH boosted its holdings in shares of Lam Research by 590.7% in the 3rd quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company’s stock valued at $7,974,000 after buying an additional 50,933 shares in the last quarter. Mediolanum International Funds Ltd boosted its holdings in shares of Lam Research by 52.0% in the 3rd quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company’s stock valued at $34,417,000 after buying an additional 89,856 shares in the last quarter. First Citizens Bank & Trust Co. boosted its holdings in shares of Lam Research by 8.0% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock valued at $18,804,000 after buying an additional 10,408 shares in the last quarter. Thoroughbred Financial Services LLC boosted its holdings in shares of Lam Research by 115.2% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock valued at $2,972,000 after buying an additional 11,883 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its holdings in shares of Lam Research by 30.9% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock valued at $19,369,000 after buying an additional 34,147 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Lam Research News Roundup

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

• Positive Sentiment: Q2 fiscal 2026 results and AI demand — Social and coverage summaries emphasize Lam’s Q2 revenue beat (~$5.34B, +22% y/y) and management commentary that AI-related demand is driving strength; traders are focused on the April 22 earnings call for margin guidance and China exposure. Lam Research Stock (LRCX) Opinions on AI-Driven Revenue Growth
• Positive Sentiment: Analyst upgrades & price-target momentum — Recent analyst notes and a Morgan Stanley forecast point to further upside; consensus coverage is heavily skewed to Buy and median price target sits near $262, supporting the bullish trade. Morgan Stanley Forecasts Strong Price Appreciation for Lam Research (NASDAQ:LRCX) Stock
• Positive Sentiment: Cantor Fitzgerald presentation — Management reiterated AI-driven growth, strong operations and multi-year tailwinds at the conference, reinforcing the narrative that Lam is a core supplier for advanced logic and AI chip production. Here’s What Lam Research (LRCX) Highlighted at Cantor Fitzgerald Conference
• Positive Sentiment: Broader market tailwind — A Nasdaq-led rebound lifted semiconductor peers, amplifying gains in LRCX as momentum traders rotate into the group. Nasdaq tech leads strong Wall Street rebound after Iran ceasefire deal
• Neutral Sentiment: Institutional flows mixed — Large portfolio moves are two-sided (some big additions, some large repositions), meaning ownership shifts could amplify volatility but don’t clearly change the long-term story. Lam Research Stock (LRCX) Opinions on AI-Driven Revenue Growth
• Negative Sentiment: Heavy insider selling — Company insiders have only sold shares in recent months (multiple senior executives), which can be read as a near-term red flag for some investors. Lam Research Stock (LRCX) Opinions on AI-Driven Revenue Growth
• Negative Sentiment: Valuation and a small downgrade — Commentary notes elevated valuations that could temper near-term gains, and Zacks moved LRCX from Strong-Buy to Hold, which may slow some momentum buying. Zacks.com

About Lam Research

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.

Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.