Lam Research (NASDAQ:LRCX) Given New $315.00 Price Target at Jefferies Financial Group

Lam Research (NASDAQ:LRCX) had its price target hoisted by Jefferies Financial Group from $285.00 to $315.00 in a research report released on Thursday,MarketScreener reports. Jefferies Financial Group currently has a buy rating on the semiconductor company’s stock.

LRCX has been the topic of several other research reports. Barclays set a $275.00 price target on shares of Lam Research and gave the company an “equal weight” rating in a report on Thursday. Stifel Nicolaus lifted their price target on shares of Lam Research from $280.00 to $300.00 and gave the company a “buy” rating in a report on Monday, April 13th. Morgan Stanley lifted their price target on shares of Lam Research from $254.00 to $260.00 and gave the company an “equal weight” rating in a report on Monday, April 6th. Berenberg Bank lifted their price target on shares of Lam Research from $265.00 to $335.00 and gave the company a “buy” rating in a report on Thursday. Finally, Summit Insights raised shares of Lam Research from a “hold” rating to a “buy” rating in a report on Thursday, January 29th. Twenty-six equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $281.78.

Lam Research Stock Performance

LRCX opened at $258.56 on Thursday. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. The company has a market cap of $322.88 billion, a price-to-earnings ratio of 48.78, a PEG ratio of 2.83 and a beta of 1.78. The company’s 50 day moving average is $234.34 and its 200 day moving average is $197.02. Lam Research has a 12-month low of $67.55 and a 12-month high of $273.50.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 67.07%. The business had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. During the same quarter in the previous year, the firm earned $1.04 earnings per share. The company’s revenue for the quarter was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, equities research analysts predict that Lam Research will post 5.29 EPS for the current year.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Wednesday, March 4th. Lam Research’s payout ratio is 21.31%.

Insider Transactions at Lam Research

In other news, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the transaction, the chief financial officer owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ava Harter sold 4,000 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $232.50, for a total transaction of $930,000.00. Following the completion of the transaction, the insider directly owned 54,705 shares in the company, valued at $12,718,912.50. This trade represents a 6.81% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 130,886 shares of company stock valued at $29,658,802. 0.31% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Lam Research

Several hedge funds have recently modified their holdings of the stock. Greenup Street Wealth Management LLC lifted its holdings in shares of Lam Research by 1.8% in the first quarter. Greenup Street Wealth Management LLC now owns 2,433 shares of the semiconductor company’s stock worth $520,000 after buying an additional 44 shares in the last quarter. Triumph Capital Management increased its position in Lam Research by 22.5% in the fourth quarter. Triumph Capital Management now owns 245 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 45 shares during the last quarter. Traphagen Investment Advisors LLC increased its position in Lam Research by 2.4% in the fourth quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock worth $336,000 after purchasing an additional 46 shares during the last quarter. Bank of Jackson Hole Trust increased its position in Lam Research by 12.6% in the fourth quarter. Bank of Jackson Hole Trust now owns 428 shares of the semiconductor company’s stock worth $73,000 after purchasing an additional 48 shares during the last quarter. Finally, Field & Main Bank increased its position in Lam Research by 1.1% in the fourth quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company’s stock worth $790,000 after purchasing an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Trending Headlines about Lam Research

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

• Positive Sentiment: Q3 beat and upbeat guidance — Lam reported $1.47 EPS and $5.84B revenue (both above expectations) and issued FYQ4 EPS guidance of $1.50–1.80 and revenue guidance above consensus, underpinning the bullish case on AI-driven equipment demand. Press Release
• Positive Sentiment: Wall Street raises targets — Dozens of firms raised price targets and kept buy/overweight ratings (e.g., JPMorgan, BofA, Bernstein, TD Cowen, Susquehanna), signaling renewed analyst conviction in a multi-year wafer‑fab equipment cycle. JPMorgan Target Coverage
• Positive Sentiment: AI / memory tailwinds — Coverage and commentary highlight AI-driven demand (incl. record support sales and memory/DRAM tightness) as a structural revenue and margin driver for Lam’s tools. Deep Dive
• Neutral Sentiment: Analyst detail & metrics — Earnings coverage (Zacks, Seeking Alpha transcripts, slide deck) gives deeper look at backlog, margins and inventory improvements; useful for modeling but not immediately directional. Zacks Analysis
• Neutral Sentiment: Industry supply commentary — Analysts and industry voices (SemiAnalysis) argue DRAM and AI demand could outpace capacity, which supports long‑term demand but also increases cyclicality and capex timing uncertainty. DRAM Demand Article
• Negative Sentiment: Valuation concerns / profit‑taking — Several pieces question whether the run (roughly +300% Y/Y) has priced in too much; some investors are trimming positions given rich multiples and rapid price appreciation. Is It Too Late?
• Negative Sentiment: Analyst caution on price vs. fundamentals — Commentary like Seeking Alpha’s note flags the AI upcycle but argues the stock may be expensive relative to expected returns, a reason for near‑term downside pressure. SA Valuation Piece

Lam Research Company Profile

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.