Lam Research Corporation (NASDAQ:LRCX) Receives $334.43 Consensus Price Target from Brokerages

Posted by Geri Gentry on Jun 30th, 2026

Shares of Lam Research Corporation (NASDAQ:LRCX – Get Free Report) have earned a consensus rating of “Moderate Buy” from the thirty-four analysts that are currently covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a hold recommendation and twenty-eight have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $342.4903.

Several research analysts have recently commented on LRCX shares. Erste Group Bank downgraded Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Stifel Nicolaus set a $500.00 price target on Lam Research in a report on Monday. Barclays restated an “overweight” rating and set a $335.00 price target (up from $275.00) on shares of Lam Research in a report on Thursday, June 11th. UBS Group restated a “buy” rating and set a $375.00 price target (up from $310.00) on shares of Lam Research in a report on Tuesday, June 9th. Finally, Raymond James Financial set a $425.00 price target on Lam Research in a report on Wednesday, June 10th.

Get Our Latest Stock Analysis on Lam Research

Lam Research Stock Up 8.4%

LRCX opened at $410.91 on Thursday. The company has a market cap of $513.87 billion, a P/E ratio of 77.53, a P/E/G ratio of 3.14 and a beta of 1.85. The business’s 50-day moving average price is $316.90 and its 200-day moving average price is $251.92. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. Lam Research has a 12 month low of $90.93 and a 12 month high of $414.98.

Lam Research (NASDAQ:LRCX – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.36 by $0.11. The firm had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company’s quarterly revenue was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, equities analysts expect that Lam Research will post 5.68 EPS for the current year.

Lam Research Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be issued 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 is Wednesday, June 17th. Lam Research’s payout ratio is currently 19.62%.

Insider Activity at Lam Research

In related news, SVP Neil J. Fernandes sold 18,170 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the transaction, the senior vice president owned 66,129 shares in the company, valued at $16,872,153.06. The trade was a 21.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 Lam Research stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $350.80, for a total value of $19,118,600.00. Following the sale, the director directly owned 199,205 shares in the company, valued at approximately $69,881,114. The trade was a 21.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 86,339 shares of company stock worth $27,680,267 in the last 90 days. Company insiders own 0.31% of the company’s stock.

Institutional Trading of Lam Research

Several large investors have recently bought and sold shares of LRCX. Brighton Jones LLC boosted its position in Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after acquiring an additional 12,936 shares in the last quarter. Caxton Associates LLP bought a new stake in Lam Research during the 1st quarter valued at approximately $239,000. Gabelli Funds LLC bought a new stake in Lam Research during the 2nd quarter valued at approximately $253,000. NewEdge Advisors LLC boosted its position in Lam Research by 2.7% during the 2nd quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock valued at $9,785,000 after acquiring an additional 2,661 shares in the last quarter. Finally, Osterweis Capital Management Inc. boosted its position in Lam Research by 5,206.7% during the 2nd quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock valued at $77,000 after acquiring an additional 781 shares in the last quarter. 84.61% of the stock is owned by institutional investors.

Lam Research Company Profile

(Get 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.