Lam Research (NASDAQ:LRCX) Trading 7% Higher – Here’s What Happened

Posted by Francis Steltz on Sep 18th, 2026

Lam Research Corporation (NASDAQ:LRCX – Get Free Report)’s stock price was up 7% during mid-day trading on Friday . The stock traded as high as $288.27 and last traded at $288.11. 19,460,364 shares traded hands during trading, an increase of 78% from the average session volume of 10,906,524 shares. The stock had previously closed at $269.31.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Sanford C. Bernstein lifted their price target on Lam Research from $325.00 to $340.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Jefferies Financial Group set a $335.00 target price on Lam Research and gave the company a “buy” rating in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $320.00 price target on shares of Lam Research in a research report on Thursday, July 30th. Citigroup restated a “buy” rating and issued a $450.00 price objective (up from $315.00) on shares of Lam Research in a research report on Wednesday, June 17th. Finally, Rothschild & Co Redburn upped their target price on shares of Lam Research from $305.00 to $420.00 and gave the stock a “buy” rating in a report on Wednesday, June 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $361.81.

Check Out Our Latest Stock Report on LRCX

Lam Research Price Performance

The stock has a market capitalization of $360.52 billion, a P/E ratio of 50.02, a price-to-earnings-growth ratio of 1.07 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. The firm has a 50-day moving average price of $307.78 and a 200 day moving average price of $295.00.

Lam Research (NASDAQ:LRCX – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, topping the consensus estimate 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 firm’s revenue for the quarter was up 30.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, analysts expect that Lam Research Corporation will post 9.33 EPS for the current year.

Lam Research Increases Dividend

The business also recently disclosed 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. This is a boost from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date is Wednesday, September 23rd. This represents a $1.32 annualized dividend and a yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is currently 22.92%.

Insider Activity

In other news, insider Ava Harter sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $302.46, for a total value of $1,512,300.00. Following the completion of the transaction, the insider owned 42,462 shares in the company, valued at $12,843,056.52. This trade represents a 10.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of Lam Research stock in a transaction that occurred on 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 sale, the director owned 87,142 shares in the company, valued at $29,192,570. This 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 90 days, insiders have sold 32,839 shares of company stock valued at $10,644,740. Corporate insiders own 0.31% of the company’s stock.

Institutional Trading of Lam Research

Hedge funds have recently modified their holdings of the business. World Equity Group Inc. boosted its holdings in Lam Research by 0.5% in the second quarter. World Equity Group Inc. now owns 5,576 shares of the semiconductor company’s stock valued at $2,416,000 after purchasing an additional 29 shares in the last quarter. Tenzing Financial LLC raised its holdings in Lam Research by 3.5% during the second quarter. Tenzing Financial LLC now owns 1,018 shares of the semiconductor company’s stock worth $441,000 after purchasing an additional 34 shares in the last quarter. Advus Financial Partners LLC boosted its holdings in Lam Research by 1.0% in the 2nd quarter. Advus Financial Partners LLC now owns 3,578 shares of the semiconductor company’s stock valued at $1,550,000 after purchasing an additional 34 shares in the last quarter. Paragon Private Wealth Management LLC grew its holdings in Lam Research by 1.3% during the second quarter. Paragon Private Wealth Management LLC now owns 2,719 shares of the semiconductor company’s stock worth $1,178,000 after acquiring an additional 35 shares during the period. Finally, Gibraltar Capital Management Inc. grew its stake in shares of Lam Research by 3.6% during the 2nd quarter. Gibraltar Capital Management Inc. now owns 1,050 shares of the semiconductor company’s stock worth $455,000 after purchasing an additional 36 shares during the period. Institutional investors own 84.61% of the company’s stock.

About Lam Research

(Get Free Report)

Lam Research Corporation is a semiconductor equipment company that develops and manufactures systems used in the fabrication of integrated circuits. Its equipment supports key wafer-processing steps, including deposition, etch, wafer cleaning, and related processes used to create and connect the microscopic features found on semiconductor devices.

The company serves semiconductor manufacturers producing a range of products, including memory, logic, and specialty chips. In addition to manufacturing equipment, Lam Research provides installation, maintenance, spare parts, upgrades, technical support, and other services intended to help customers operate and improve their fabrication facilities.

Founded in 1980, Lam Research is headquartered in Fremont, California, and serves customers through a global network of offices, engineering facilities, and support operations.