Lam Research (NASDAQ:LRCX) Shares Down 4.8% – Time to Sell?

Posted by Brian Himes on Nov 4th, 2026

Lam Research Corporation (NASDAQ:LRCX – Get Free Report) shares traded down 4.8% during mid-day trading on Monday. The company traded as low as $224.58 and last traded at $227.56. 11,324,814 shares changed hands during mid-day trading, an increase of 5% from the average daily volume of 10,794,470 shares. The stock had previously closed at $239.11.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. UBS Group reaffirmed a “buy” rating and set a $400.00 target price (down from $425.00) on shares of Lam Research in a report on Thursday, October 22nd. Bank of America reiterated a “buy” rating and set a $345.00 price target on shares of Lam Research in a research note on Thursday, October 22nd. 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 report on Thursday, July 30th. Mizuho reduced their price objective on Lam Research from $365.00 to $360.00 and set an “outperform” rating for the company in a research note on Thursday, October 22nd. Finally, Evercore set a $315.00 target price on Lam Research in a report on Tuesday, October 20th. Twenty-six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus target price of $360.23.

Get Our Latest Stock Analysis on LRCX

Lam Research Trading Down 4.0%

The stock has a 50 day moving average of $289.28 and a 200-day moving average of $283.97. The company has a market capitalization of $276.60 billion, a P/E ratio of 34.13, a P/E/G ratio of 0.85 and a beta of 1.97. The company has a current ratio of 2.48, a quick ratio of 1.86 and a debt-to-equity ratio of 0.27.

Lam Research (NASDAQ:LRCX – Get Free Report) last released its earnings results on Wednesday, October 21st. The semiconductor company reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $2.18 by $0.02. Lam Research had a net margin of 32.34% and a return on equity of 72.15%. The company had revenue of $8.22 billion for the quarter, compared to analysts’ expectations of $8.14 billion. During the same quarter last year, the business earned $1.26 EPS. The firm’s revenue was up 54.4% compared to the same quarter last year. On average, research analysts predict that Lam Research Corporation will post 9.59 EPS for the current year.

Lam Research Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Wednesday, September 23rd. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s payout ratio is 19.67%.

Insiders Place Their Bets

In other Lam Research news, Director Bethany Mayer sold 9,557 shares of the stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total value of $3,007,970.18. Following the completion of the sale, the director owned 20,995 shares in the company, valued at approximately $6,607,966.30. This represents a 31.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Ava Harter sold 5,000 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $302.46, for a total value of $1,512,300.00. Following the sale, the insider directly owned 42,462 shares in the company, valued at approximately $12,843,056.52. This represents a 10.53% 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. 0.31% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Lam Research

Hedge funds have recently made changes to their positions in the business. New York Life Investment Management LLC lifted its stake in Lam Research by 2.9% in the 3rd quarter. New York Life Investment Management LLC now owns 211,558 shares of the semiconductor company’s stock worth $69,499,000 after purchasing an additional 5,975 shares in the last quarter. Pinion Investment Advisors LLC grew its position in shares of Lam Research by 208.4% during the third quarter. Pinion Investment Advisors LLC now owns 1,619 shares of the semiconductor company’s stock valued at $532,000 after purchasing an additional 1,094 shares in the last quarter. Gryphon Financial Partners LLC grew its position in shares of Lam Research by 4.7% during the third quarter. Gryphon Financial Partners LLC now owns 2,869 shares of the semiconductor company’s stock valued at $942,000 after purchasing an additional 130 shares in the last quarter. AlphaCore Capital LLC increased its holdings in shares of Lam Research by 7.5% in the third quarter. AlphaCore Capital LLC now owns 12,936 shares of the semiconductor company’s stock worth $4,254,000 after purchasing an additional 903 shares during the last quarter. Finally, Leuthold Group LLC increased its holdings in shares of Lam Research by 9.7% in the third quarter. Leuthold Group LLC now owns 21,616 shares of the semiconductor company’s stock worth $7,101,000 after purchasing an additional 1,914 shares during the last quarter. Institutional investors own 84.61% of the company’s stock.

Lam Research Company Profile

(Get Free Report)

Lam Research Corporation (NASDAQ:LRCX) is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company’s product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.