Lam Research (NASDAQ:LRCX) Trading 1.8% Higher – Here’s Why

Posted by Geri Gentry on Aug 9th, 2026

Lam Research Corporation (NASDAQ:LRCX – Get Free Report) rose 1.8% during mid-day trading on Friday . The stock traded as high as $315.59 and last traded at $311.35. Approximately 6,678,763 shares traded hands during trading, a decline of 41% from the average session volume of 11,377,339 shares. The stock had previously closed at $305.77.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on LRCX. Needham & Company LLC reissued a “buy” rating and issued a $390.00 target price on shares of Lam Research in a research note on Thursday, July 30th. Bank of America upped their price target on Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Barclays reaffirmed an “overweight” rating and issued a $335.00 price target (up from $275.00) on shares of Lam Research in a report on Thursday, June 11th. Evercore reiterated an “outperform” rating and set a $355.00 price objective on shares of Lam Research in a research report on Monday, July 20th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $350.00 price objective (down from $450.00) on shares of Lam Research in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Lam Research has a consensus rating of “Moderate Buy” and a consensus target price of $358.47.

Read Our Latest Stock Analysis on LRCX

Lam Research Stock Performance

The firm’s 50 day moving average price is $339.89 and its two-hundred day moving average price is $279.64. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. The firm has a market cap of $389.36 billion, a PE ratio of 54.05, a PEG ratio of 1.25 and a beta of 1.84.

Lam Research (NASDAQ:LRCX – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.13. The business had revenue of $6.72 billion during the quarter, compared to the consensus estimate of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The business’s revenue was up 30.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, research analysts forecast that Lam Research Corporation will post 9.24 earnings per share for the current year.

Lam Research Announces Dividend

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

Insider Activity

In related 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 value of $2,371,226.40. Following the sale, the senior vice president directly owned 58,470 shares in the company, valued at approximately $18,102,312. The trade was a 11.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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 business’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 sale, the director owned 199,205 shares in the company, valued at approximately $69,881,114. This trade represents a 21.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 80,441 shares of company stock valued at $27,614,296 in the last quarter. Insiders own 0.31% of the company’s stock.

Institutional Investors Weigh In On Lam Research

A number of institutional investors have recently made changes to their positions in the stock. World Equity Group Inc. lifted its holdings in shares of Lam Research by 0.5% in the 2nd quarter. World Equity Group Inc. now owns 5,576 shares of the semiconductor company’s stock worth $2,416,000 after acquiring an additional 29 shares during the last quarter. Tenzing Financial LLC boosted its position in shares of Lam Research by 3.5% during the 2nd quarter. Tenzing Financial LLC now owns 1,018 shares of the semiconductor company’s stock worth $441,000 after purchasing an additional 34 shares during the period. Gibraltar Capital Management Inc. increased its holdings in Lam Research by 3.6% in the 2nd quarter. Gibraltar Capital Management Inc. now owns 1,050 shares of the semiconductor company’s stock valued at $455,000 after purchasing an additional 36 shares during the last quarter. Elevated Financial Group LLC increased its holdings in Lam Research by 3.0% in the 2nd quarter. Elevated Financial Group LLC now owns 1,223 shares of the semiconductor company’s stock valued at $530,000 after purchasing an additional 36 shares during the last quarter. Finally, Yoder Wealth Management Inc. raised its position in Lam Research by 3.3% in the second quarter. Yoder Wealth Management Inc. now owns 1,129 shares of the semiconductor company’s stock valued at $489,000 after purchasing an additional 36 shares during the period. 84.61% of the stock is currently owned by institutional investors and hedge funds.

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.