Analysts’ Recent Ratings Changes for Lam Research (LRCX)

Several analysts have recently updated their ratings and price targets for Lam Research (NASDAQ: LRCX):

• 8/7/2026 – Lam Research was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 7/30/2026 – Lam Research had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $320.00 price target on the stock.
• 7/30/2026 – Lam Research had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $350.00 price target on the stock, down from $450.00.
• 7/30/2026 – Lam Research was given a new $335.00 price target by Jefferies Financial Group Inc.. They now have a “buy” rating on the stock.
• 7/30/2026 – Lam Research had its price target lowered by Morgan Stanley from $404.00 to $367.00. They now have an “overweight” rating on the stock.
• 7/30/2026 – Lam Research had its price target lowered by B. Riley Financial, Inc. from $385.00 to $350.00. They now have a “buy” rating on the stock.
• 7/30/2026 – Lam Research had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $390.00 price target on the stock.
• 7/27/2026 – Lam Research had its “hold” rating reaffirmed by HSBC Holdings plc. They now have a $333.00 price target on the stock.
• 7/23/2026 – Lam Research was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 7/20/2026 – Lam Research had its “outperform” rating reaffirmed by Evercore Inc. They now have a $355.00 price target on the stock.
• 7/17/2026 – Lam Research was upgraded by Zacks Research from “hold” to “strong-buy”.
• 7/10/2026 – Lam Research had its price target raised by Stifel Nicolaus from $325.00 to $425.00. They now have a “buy” rating on the stock.
• 7/10/2026 – Lam Research had its price target raised by Needham & Company LLC from $300.00 to $390.00. They now have a “buy” rating on the stock.
• 7/9/2026 – Lam Research had its “buy” rating reaffirmed by TD Cowen. They now have a $400.00 price target on the stock, up from $340.00.
• 7/9/2026 – Lam Research had its price target raised by Mizuho from $380.00 to $400.00. They now have an “outperform” rating on the stock.
• 7/6/2026 – Lam Research had its price target raised by Morgan Stanley from $331.00 to $404.00. They now have an “overweight” rating on the stock.
• 6/30/2026 – Lam Research had its “positive” rating reaffirmed by Susquehanna. They now have a $475.00 price target on the stock, up from $385.00.
• 6/29/2026 – Lam Research was given a new $500.00 price target by Cantor Fitzgerald. They now have an “overweight” rating on the stock.
• 6/29/2026 – Lam Research was given a new $500.00 price target by Stifel Nicolaus.
• 6/23/2026 – Lam Research had its price target raised by Bank of America Corporation from $330.00 to $480.00. They now have a “buy” rating on the stock.
• 6/22/2026 – Lam Research had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $450.00 price target on the stock, up from $365.00.
• 6/17/2026 – Lam Research had its “buy” rating reaffirmed by Citigroup Inc.. They now have a $450.00 price target on the stock, up from $315.00.
• 6/17/2026 – Lam Research had its price target raised by Rothschild & Co Redburn from $305.00 to $420.00. They now have a “buy” rating on the stock.
• 6/15/2026 – Lam Research had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $400.00 price target on the stock, up from $330.00.

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, June 17th. Lam Research’s dividend payout ratio (DPR) is 18.06%.

Insider Activity

In other news, SVP Neil J. Fernandes sold 7,659 shares of the business’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 sale, the senior vice president directly owned 58,470 shares of the company’s stock, 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 SEC, which is available at this link. 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 shares were sold at an average price of $350.80, for a total transaction 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. 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. Insiders sold 80,441 shares of company stock worth $27,614,296 over the last three months. 0.31% of the stock is currently owned by insiders.

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.