Lam Research (NASDAQ:LRCX) Stock Price Up 5% – Should You Buy?

Lam Research Corporation (NASDAQ:LRCX) shares shot up 5% during mid-day trading on Tuesday . The stock traded as high as $328.14 and last traded at $322.00. Approximately 11,815,748 shares traded hands during trading, an increase of 4% from the average daily volume of 11,325,793 shares. The stock had previously closed at $306.76.

Lam Research News Summary

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

• Positive Sentiment: Zacks highlighted Lam Research as a solid growth stock, citing its strong growth attributes and potential for exceptional returns. Looking for a Growth Stock? 3 Reasons Why Lam Research (LRCX) is a Solid Choice
• Positive Sentiment: Lam Research was named in multiple upbeat semiconductor industry roundups that said AI-driven chip demand, advanced packaging, and memory trends continue to support the group. 3 Stocks to Buy From the Prospering Semiconductor Industry
• Positive Sentiment: Oppenheimer reportedly included LRCX on its “best of the best” momentum list, reinforcing the view that traders are favoring strong semiconductor names. Oppenheimer’s ‘best of the best’ momentum list: NVDA, LRCX and more
• Neutral Sentiment: Lam Research joined the AI Materials Foundry as a founding partner, a move that could support long-term chip-materials innovation but is not an immediate earnings catalyst. Lam Research (LRCX) Joins AI Materials Foundry To Help Shape Future Chip Materials
• Neutral Sentiment: Brokerage consensus remains “Moderate Buy,” suggesting Street support, but this is largely a stable backdrop rather than a fresh catalyst. Lam Research Corporation (NASDAQ:LRCX) Given Consensus Recommendation of “Moderate Buy” by Brokerages
• Negative Sentiment: Recent market commentary also noted that LRCX had dipped more than the broader market in the prior session, reflecting ongoing volatility in chip stocks after a tech selloff. Lam Research (LRCX) Dips More Than Broader Market: What You Should Know
• Negative Sentiment: Broader AI-spending scrutiny remains a risk, as investors question whether big tech’s heavy AI investment will translate into enough near-term returns to justify chip demand expectations. Big Tech Needs to Justify AI Spending as Investors Dump Stocks

Analyst Ratings Changes

LRCX has been the subject of several research reports. TD Cowen reaffirmed a “buy” rating and issued a $400.00 target price (up from $340.00) on shares of Lam Research in a research report on Thursday, July 9th. The Goldman Sachs Group reissued a “buy” rating and set a $290.00 price target on shares of Lam Research in a research report on Thursday, April 23rd. Sanford C. Bernstein raised their price objective on shares of Lam Research from $325.00 to $340.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Morgan Stanley lifted their price objective on shares of Lam Research from $331.00 to $404.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Finally, Cantor Fitzgerald set a $500.00 target price on shares of Lam Research and gave the stock an “overweight” rating in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus price target of $360.51.

Lam Research Trading Up 5.0%

The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. The company has a market cap of $402.68 billion, a PE ratio of 60.75, a P/E/G ratio of 1.86 and a beta of 1.80. The company has a fifty day simple moving average of $339.79 and a two-hundred day simple moving average of $270.54.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. During the same quarter last year, the business posted $1.04 EPS. The business’s quarterly revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Analysts anticipate that Lam Research Corporation will post 5.68 EPS for the current year.

Lam Research Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th were paid 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 19.62%.

Insider Activity

In other news, insider Ava Harter sold 6,010 shares of the business’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 transaction of $1,554,546.60. Following the completion of the sale, the insider owned 53,205 shares in the company, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the business’s stock in a transaction on Monday, July 13th. The shares were sold at an average price of $335.00, for a total transaction of $6,124,470.00. Following the completion of the sale, the director directly owned 87,142 shares of the company’s stock, valued at approximately $29,192,570. This trade 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 sold 104,621 shares of company stock valued at $33,804,737. 0.31% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of LRCX. PMV Capital Advisers LLC acquired a new stake in Lam Research during the 4th quarter worth approximately $25,000. Bayban purchased a new position in shares of Lam Research in the 4th quarter valued at approximately $26,000. Vermillion Wealth Management Inc. acquired a new position in shares of Lam Research in the first quarter valued at approximately $26,000. Cedar Mountain Advisors LLC increased its holdings in shares of Lam Research by 242.9% in the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 85 shares during the period. Finally, Triumph Capital Management purchased a new stake in shares of Lam Research during the third quarter worth approximately $27,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

About Lam Research

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.