Lam Research Corporation (NASDAQ:LRCX) Receives $285.94 Consensus PT from Analysts

Posted by Francis Steltz on May 13th, 2026

Shares of Lam Research Corporation (NASDAQ:LRCX – Get Free Report) have been given an average rating of “Moderate Buy” by the thirty-four research firms that are covering the company, MarketBeat.com reports. Eight investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $291.7484.

A number of research analysts have weighed in on LRCX shares. Morgan Stanley lifted their price target on shares of Lam Research from $260.00 to $293.00 and gave the company an “equal weight” rating in a research report on Thursday, April 23rd. Jefferies Financial Group upped their price target on shares of Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Seaport Research Partners started coverage on shares of Lam Research in a research note on Monday, May 4th. They set a “buy” rating and a $300.00 target price for the company. Evercore boosted their target price on shares of Lam Research from $275.00 to $300.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Finally, Oppenheimer restated an “outperform” rating and set a $330.00 price target on shares of Lam Research in a research report on Thursday, April 23rd.

Check Out Our Latest Stock Report on LRCX

Lam Research Trading Down 2.3%

Shares of LRCX stock opened at $289.24 on Wednesday. The stock has a market cap of $361.72 billion, a price-to-earnings ratio of 54.57, a price-to-earnings-growth ratio of 2.45 and a beta of 1.81. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. Lam Research has a fifty-two week low of $79.49 and a fifty-two week high of $300.00. The firm’s 50 day moving average price is $242.07 and its two-hundred day moving average price is $208.13.

Lam Research (NASDAQ:LRCX – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. The firm had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. Lam Research’s revenue was up 23.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, analysts anticipate that Lam Research will post 5.67 EPS for the current year.

Insider Transactions at Lam Research

In related news, SVP Neil J. Fernandes sold 18,170 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the completion of the sale, the senior vice president owned 66,129 shares of the company’s stock, valued at $16,872,153.06. This represents a 21.55% 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, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the sale, the insider directly owned 53,205 shares of the company’s stock, valued at $13,762,005.30. The trade was a 10.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 120,066 shares of company stock worth $27,953,242. Insiders own 0.31% of the company’s stock.

Institutional Investors Weigh In On Lam Research

Several institutional investors have recently bought and sold shares of the stock. Himension Capital Singapore PTE. LTD. lifted its holdings in Lam Research by 5.1% in the first quarter. Himension Capital Singapore PTE. LTD. now owns 50,858 shares of the semiconductor company’s stock worth $10,866,000 after purchasing an additional 2,469 shares during the period. Danica Pension Livsforsikringsaktieselskab acquired a new stake in Lam Research in the first quarter worth about $11,667,000. Oslo Pensjonsforsikring AS acquired a new stake in Lam Research in the first quarter worth about $1,118,000. Baader Bank Aktiengesellschaft lifted its holdings in Lam Research by 123.3% in the first quarter. Baader Bank Aktiengesellschaft now owns 16,530 shares of the semiconductor company’s stock worth $3,435,000 after purchasing an additional 9,126 shares during the period. Finally, DJE Kapital AG acquired a new stake in Lam Research in the first quarter worth about $91,828,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

More Lam Research News

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

Positive Sentiment: B. Riley raised its price target on Lam Research to $375 from $350 and reiterated a Buy rating, signaling further upside as analysts see strong execution and demand momentum.
Positive Sentiment: Seaport Research initiated coverage with a Buy rating and a $300 target, citing Lam Research’s favorable positioning as wafer fabrication investment strengthens.
Positive Sentiment: Multiple articles highlighted Lam Research’s gross margin nearing 50%, with guidance implying about 50.5%, suggesting strong pricing power and efficient operations amid AI-related demand.
Positive Sentiment: Coverage around the memory-chip shortage noted that tighter supply is pushing customers to invest more in equipment and infrastructure, which could support orders for Lam Research tools.
Positive Sentiment: Recent commentary also pointed to rising AI infrastructure spending, advanced packaging demand, and foundry expansion as broader tailwinds for semiconductor equipment names like LRCX.
Neutral Sentiment: Lam Research has also been featured in several valuation and “top stock” pieces, reinforcing positive sentiment but not adding new company-specific fundamentals.

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.