Lam Research Corporation (NASDAQ:LRCX) Stock Has Consensus Price Target of $364.01 According to Analysts

Lam Research Corporation (NASDAQ:LRCX) has received a consensus rating of “Moderate Buy” from the thirty-two brokerages that are covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation, twenty-six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $364.59.

LRCX has been the topic of several recent analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $390.00 target price on shares of Lam Research in a report on Thursday, July 30th. Jefferies Financial Group set a $335.00 price target on shares of Lam Research and gave the stock a “buy” rating in a report on Thursday, July 30th. Wells Fargo & Company reiterated an “overweight” rating and set a $350.00 price target (down from $450.00) on shares of Lam Research in a research report on Thursday, July 30th. UBS Group decreased their price objective on shares of Lam Research from $435.00 to $425.00 and set a “buy” rating on the stock in a research note on Tuesday, September 1st. Finally, Bank of America boosted their price objective on shares of Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Lam Research secured new etch-tool business with a major DRAM producer, which selected the company’s Akara system and Aether dry-resist technology for advanced memory production lines. The wins strengthen Lam’s position in DDR5, LPDDR5 and high-bandwidth memory manufacturing and could support future equipment spending as next-generation memory capacity expands. Lam Research DRAM Wins Put Its Fair Value Narrative Back In Focus
• Positive Sentiment: Long-term investment coverage remains favorable, pointing to Lam Research’s strong historical returns, high return on equity and exposure to artificial-intelligence-related semiconductor demand. The company’s equipment is essential to chip production, providing a structural growth opportunity if leading-edge and memory investment continues. Lam Research Historical Returns
• Neutral Sentiment: Lam Research remains a heavily watched stock, and Zacks coverage continues to present it as a potential long-term holding. However, these articles offer limited new company-specific information or near-term earnings changes. Why Lam Research Is a Top Stock for the Long-Term
• Negative Sentiment: The stock recently fell more sharply than the broader market, suggesting profit-taking or weakness across semiconductor shares. Lam’s elevated valuation—about 55 times earnings based on the supplied market data—also leaves the stock vulnerable to multiple compression when sentiment cools. Lam Research Suffers a Larger Drop Than the General Market

Insider Activity

In related news, insider Ava Harter sold 5,000 shares of the company’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the completion of the sale, the insider directly owned 42,462 shares in the company, valued at $12,843,056.52. This represents a 10.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 firm’s stock in a transaction dated 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 sale, the director directly owned 87,142 shares in the company, valued at $29,192,570. This trade 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 quarter, insiders have sold 32,839 shares of company stock worth $10,644,740. Insiders own 0.31% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Paladin Partners LLC purchased a new stake in shares of Lam Research during the 2nd quarter worth about $26,000. Dakota Community Bank & Trust NA acquired a new stake in shares of Lam Research during the 3rd quarter valued at about $33,000. Quintet Private Bank Europe S.A. increased its stake in shares of Lam Research by 100.0% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 100 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 50 shares in the last quarter. Bravera Wealth acquired a new position in Lam Research in the 2nd quarter worth about $46,000. Finally, Cedar Mountain Advisors LLC raised its holdings in Lam Research by 242.9% in 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. Institutional investors own 84.61% of the company’s stock.

Lam Research Stock Performance

NASDAQ:LRCX opened at $318.84 on Friday. The stock has a fifty day moving average price of $310.98 and a 200-day moving average price of $305.87. The company has a market cap of $399.00 billion, a price-to-earnings ratio of 55.35, a PEG ratio of 1.27 and a beta of 1.85. 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 has a fifty-two week low of $131.02 and a fifty-two week high of $438.50.

Lam Research (NASDAQ:LRCX) last released its earnings results 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 analyst estimates of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%. Lam Research’s quarterly revenue was up 30.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, equities analysts anticipate that Lam Research will post 9.34 EPS for the current fiscal year.

Lam Research Increases Dividend

The firm 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 $0.33 dividend. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $1.32 dividend on an annualized basis and a dividend 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 22.92%.

Lam Research Company Profile

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company’s portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.