Lam Research (NASDAQ:LRCX) Price Target Raised to $200.00

Lam Research (NASDAQ:LRCX) had its target price boosted by Mizuho from $170.00 to $200.00 in a research note released on Wednesday morning, MarketBeat.com reports. The brokerage currently has an outperform rating on the semiconductor company’s stock.

Several other equities analysts have also recently weighed in on LRCX. JPMorgan Chase & Co. raised their price objective on Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Barclays set a $142.00 price target on Lam Research and gave the company an “equal weight” rating in a research report on Monday, October 20th. TD Cowen raised their price target on Lam Research from $145.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Zacks Research cut Lam Research from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. Finally, Needham & Company LLC increased their price objective on Lam Research from $150.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Twenty-six analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Lam Research presently has an average rating of “Moderate Buy” and a consensus price target of $160.37.

Lam Research Price Performance

NASDAQ LRCX opened at $172.27 on Wednesday. The firm’s 50 day moving average is $154.83 and its 200-day moving average is $122.80. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $216.38 billion, a PE ratio of 37.95, a price-to-earnings-growth ratio of 1.69 and a beta of 1.77. Lam Research has a 12-month low of $56.32 and a 12-month high of $173.58.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.22 by $0.04. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The business had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same quarter in the prior year, the company posted $0.86 earnings per share. The firm’s revenue was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Equities research analysts anticipate that Lam Research will post 3.71 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.04 annualized dividend and a yield of 0.6%. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

Insider Activity at Lam Research

In related news, Director Bethany Mayer sold 1,298 shares of Lam Research stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $159.99, for a total transaction of $207,667.02. Following the completion of the sale, the director owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. The trade was a 44.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Douglas R. Bettinger sold 40,080 shares of the company’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the transaction, the chief financial officer owned 987,237 shares in the company, valued at approximately $148,677,892.20. This trade represents a 3.90% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 102,608 shares of company stock valued at $14,916,496. 0.31% of the stock is owned by company insiders.

Institutional Investors Weigh In On Lam Research

A number of institutional investors have recently made changes to their positions in LRCX. AIA Group Ltd raised its stake in Lam Research by 197.6% in the 3rd quarter. AIA Group Ltd now owns 32,857 shares of the semiconductor company’s stock worth $4,400,000 after purchasing an additional 21,818 shares in the last quarter. Keel Point LLC increased its holdings in shares of Lam Research by 4.9% during the third quarter. Keel Point LLC now owns 8,593 shares of the semiconductor company’s stock worth $1,151,000 after purchasing an additional 399 shares during the period. FNY Investment Advisers LLC raised its position in shares of Lam Research by 830.5% in the third quarter. FNY Investment Advisers LLC now owns 9,947 shares of the semiconductor company’s stock valued at $1,331,000 after buying an additional 8,878 shares in the last quarter. Hudson Bay Capital Management LP raised its position in shares of Lam Research by 3,594.0% in the third quarter. Hudson Bay Capital Management LP now owns 174,700 shares of the semiconductor company’s stock valued at $23,392,000 after buying an additional 179,700 shares in the last quarter. Finally, CTC Alternative Strategies Ltd. bought a new stake in shares of Lam Research in the third quarter valued at approximately $388,000. 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: Multiple sell‑side upgrades and price‑target increases from major firms lift sentiment and implied upside — B. Riley raised its target to $195 and maintained a buy rating. Article Title
• Positive Sentiment: Deutsche Bank raised its target to $195 and reiterated a buy, citing stronger forward visibility; that adds another institutional vote of confidence. Article Title
• Positive Sentiment: Mizuho lifted its price target to $200 from $170, maintaining an outperform view — another sizable increase that signals analysts expect stronger 2026 demand. Article Title
• Positive Sentiment: Coverage roundup: three firms turned bullish on LRCX today, a concentrated shift that drove short‑term buying interest. Article Title
• Positive Sentiment: Technical momentum: LRCX just flashed a golden‑cross (longer MA crossing above shorter MA) and cleared the 20‑day moving average — a buy signal that attracts momentum traders. Article Title
• Positive Sentiment: Investor recognition: IBD named Lam an “IBD Stock of the Day” and noted all‑time high momentum tied to 2026 prospects, which can attract retail inflows. Article Title
• Neutral Sentiment: Analysis pieces and price‑range summaries reflect consensus views and model updates (price forecasts shown from ~$175 to $210) — useful context but not a direct catalyst on its own. Article Title
• Neutral Sentiment: Feature coverage (Forbes) reviews the drivers behind today’s move and the 2026 thesis; good background for investors but largely descriptive. Article Title
• Neutral Sentiment: Corporate/community items (annual collegiate challenge winners) are positive PR but unlikely to move the stock materially. Article Title

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.