Lam Research (LRCX) – Analysts’ Weekly Ratings Updates

Lam Research (NASDAQ: LRCX) recently received a number of ratings updates from brokerages and research firms:

• 5/21/2026 – Lam Research had its price target raised by Sanford C. Bernstein from $325.00 to $340.00. They now have an “outperform” rating on the stock.
• 5/18/2026 – Lam Research was upgraded by Morgan Stanley from “underweight” to “overweight”. They now have a $331.00 price target on the stock, up from $293.00.
• 5/14/2026 – Lam Research was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 5/12/2026 – Lam Research had its price target raised by B. Riley Financial, Inc. from $350.00 to $375.00. They now have a “buy” rating on the stock.
• 5/10/2026 – Lam Research was downgraded by Wall Street Zen from “buy” to “hold”.
• 5/4/2026 – Lam Research is now covered by Seaport Research Partners. They set a “buy” rating and a $300.00 price target on the stock.
• 5/4/2026 – Lam Research was upgraded by Seaport Research Partners to “strong-buy”.
• 5/2/2026 – Lam Research was upgraded by Wall Street Zen from “hold” to “buy”.
• 4/27/2026 – Lam Research had its price target raised by New Street Research from $235.00 to $280.00. They now have a “neutral” rating on the stock.
• 4/24/2026 – Lam Research was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 4/24/2026 – Lam Research had its price target raised by HSBC Holdings plc from $221.00 to $247.00. They now have a “hold” rating on the stock.
• 4/23/2026 – Lam Research had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $330.00 price target on the stock.
• 4/23/2026 – Lam Research had its “buy” rating reaffirmed by Citigroup Inc.. They now have a $315.00 price target on the stock, up from $300.00.
• 4/23/2026 – Lam Research had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $290.00 price target on the stock.
• 4/23/2026 – Lam Research was given a new $275.00 price target by Barclays PLC. They now have an “equal weight” rating on the stock.
• 4/23/2026 – Lam Research had its price target raised by Morgan Stanley from $260.00 to $293.00. They now have an “equal weight” rating on the stock.
• 4/23/2026 – Lam Research had its price target raised by Deutsche Bank Aktiengesellschaft from $300.00 to $325.00. They now have a “buy” rating on the stock.
• 4/23/2026 – Lam Research had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $320.00 price target on the stock.
• 4/23/2026 – Lam Research had its price target raised by Bank of America Corporation from $285.00 to $330.00. They now have a “buy” rating on the stock.
• 4/23/2026 – Lam Research had its price target raised by Wells Fargo & Company from $290.00 to $320.00. They now have an “overweight” rating on the stock.
• 4/23/2026 – Lam Research had its price target raised by JPMorgan Chase & Co. from $300.00 to $315.00. They now have an “overweight” rating on the stock.
• 4/23/2026 – Lam Research had its price target raised by Mizuho from $295.00 to $330.00. They now have an “outperform” rating on the stock.
• 4/23/2026 – Lam Research had its price target raised by Evercore Inc from $275.00 to $300.00. They now have an “outperform” rating on the stock.
• 4/23/2026 – Lam Research had its price target raised by TD Cowen from $290.00 to $340.00. They now have a “buy” rating on the stock.
• 4/23/2026 – Lam Research had its price target raised by BNP Paribas Exane from $250.00 to $260.00. They now have a “neutral” rating on the stock.
• 4/23/2026 – Lam Research had its price target raised by Stifel Nicolaus from $300.00 to $325.00. They now have a “buy” rating on the stock.
• 4/23/2026 – Lam Research had its price target raised by Royal Bank Of Canada from $290.00 to $310.00. They now have an “outperform” rating on the stock.
• 4/23/2026 – Lam Research had its price target raised by Susquehanna from $350.00 to $385.00. They now have a “positive” rating on the stock.
• 4/23/2026 – Lam Research had its price target raised by Jefferies Financial Group Inc. from $285.00 to $315.00. They now have a “buy” rating on the stock.
• 4/23/2026 – Lam Research had its price target raised by Sanford C. Bernstein from $285.00 to $325.00. They now have an “outperform” rating on the stock.
• 4/23/2026 – Lam Research had its price target raised by Berenberg Bank from $265.00 to $335.00. They now have a “buy” rating on the stock.
• 4/23/2026 – Lam Research had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $300.00 price target on the stock.
• 4/20/2026 – Lam Research had its “buy” rating reaffirmed by B. Riley Financial, Inc..
• 4/15/2026 – Lam Research had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $300.00 price target on the stock.
• 4/13/2026 – Lam Research had its price target raised by Stifel Nicolaus from $280.00 to $300.00. They now have a “buy” rating on the stock.
• 4/10/2026 – Lam Research had its “buy (b-)” rating reaffirmed by Weiss Ratings.
• 4/9/2026 – Lam Research had its price target raised by Susquehanna from $325.00 to $350.00. They now have a “positive” rating on the stock.
• 4/6/2026 – Lam Research was downgraded by Zacks Research from “strong-buy” to “hold”.
• 4/6/2026 – Lam Research had its price target raised by Morgan Stanley from $254.00 to $260.00. They now have an “equal weight” rating on the stock.
• 4/2/2026 – Lam Research was downgraded by Erste Group Bank AG from “buy” to “hold”.
• 3/31/2026 – Lam Research had its price target raised by New Street Research from $140.00 to $235.00. They now have a “neutral” rating on the stock.

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s dividend payout ratio is 19.62%.

Insider Buying and Selling

In related news, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the transaction, the insider directly owned 53,205 shares in the company, valued at approximately $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Neil J. Fernandes sold 18,170 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the completion of the transaction, the senior vice president owned 66,129 shares in the company, valued at approximately $16,872,153.06. This trade represents a 21.55% 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. Over the last three months, insiders have sold 120,066 shares of company stock worth $27,953,242. Insiders own 0.31% of the company’s stock.

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.