Brokerages Set Lam Research Corporation (NASDAQ:LRCX) Price Target at $244.88

Posted by Amy Steele on Feb 25th, 2026

Shares of Lam Research Corporation (NASDAQ:LRCX – Get Free Report) have earned an average rating of “Moderate Buy” from the thirty-five ratings firms that are currently covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $244.8813.

LRCX has been the topic of a number of recent research reports. Evercore set a $275.00 price target on shares of Lam Research in a research report on Thursday, January 29th. Morgan Stanley lifted their target price on shares of Lam Research from $211.00 to $244.00 and gave the company an “equal weight” rating in a report on Thursday, January 29th. Sanford C. Bernstein upped their price target on shares of Lam Research from $275.00 to $285.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Barclays set a $250.00 price target on Lam Research in a report on Thursday, January 29th. Finally, Mizuho set a $265.00 price objective on Lam Research in a research note on Wednesday, January 28th.

View Our Latest Analysis on LRCX

Lam Research Trading Up 0.8%

Shares of LRCX opened at $244.25 on Friday. Lam Research has a twelve month low of $56.32 and a twelve month high of $251.87. The firm has a market capitalization of $305.01 billion, a P/E ratio of 50.05, a price-to-earnings-growth ratio of 2.60 and a beta of 1.78. 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 stock’s fifty day simple moving average is $212.29 and its 200 day simple moving average is $162.76.

Lam Research (NASDAQ:LRCX – Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, topping the consensus estimate of $1.17 by $0.10. The company had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm’s revenue was up 22.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, equities research analysts forecast that Lam Research will post 3.71 earnings per share for the current year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.04 annualized dividend and a yield of 0.4%. Lam Research’s payout ratio is 21.31%.

Lam Research News Summary

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

Positive Sentiment: Analyst write-up argues Lam Research is the better buy vs. ASML, citing stronger growth forecasts, solid AI-driven demand and a more attractive valuation that supports further upside. LRCX vs. ASML: Which Semiconductor Equipment Giant Is the Better Buy?
Positive Sentiment: Duplicate analyst/market note lifts the same thesis — Lam’s growth profile and valuation edge over ASML make it a preferred play on AI-driven logic and memory capex. LRCX vs. ASML: Which Semiconductor Equipment Giant Is the Better Buy?
Positive Sentiment: Analysis of Lam’s recent rally highlights strong 1‑month and YTD returns and increased investor attention, reinforcing momentum that can attract more flows into the stock. Assessing Lam Research (LRCX) Valuation After Strong Recent Share Price Momentum
Positive Sentiment: Lam is expanding its footprint (new Boise office ~9,200 sq. ft., ~150 employees) and is cited as a Goldman Sachs top growth pick — a signal of operational scaling and sell‑side support. Lam Research (LRCX) Expands Footprint Amid Industry Momentum
Positive Sentiment: Zacks includes Lam on a list of top wide‑moat stocks alongside NVDA and ASML, reinforcing perceptions of durable competitive advantages. Top Wide-Moat Stocks to Invest in for Long-term Growth
Neutral Sentiment: ASML reports double‑digit systems sales growth (12.4% in 2025) and a robust backlog — a sign of strong industry demand that benefits all equipment suppliers but also underscores competitive intensity. ASML’s Systems Sales Grow in Double Digits: What’s Ahead?
Neutral Sentiment: Another report on Lam’s Boise expansion repeats the move and sell‑side recognition; useful for confirmation but not materially new. Lam Research (LRCX) Expands Footprint Amid Industry Momentum
Neutral Sentiment: Long‑term retrospective pieces highlight strong historical returns for Lam shareholders — positive for sentiment but not a near‑term catalyst. If you invested $1000 in Lam Research a decade ago, this is how much it’d be worth now
Neutral Sentiment: Analyst expectations for FY2026 have been set in recent coverage — useful for modeling but broadly consistent with the upbeat guidance and consensus already in the market. Analysts Set Expectations for Lam Research FY2026 Earnings

Insider Transactions at Lam Research

In other news, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the sale, the director owned 253,705 shares in the company, valued at $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.31% of the stock is owned by company insiders.

Institutional Investors Weigh In On Lam Research

A number of large investors have recently added to or reduced their stakes in LRCX. Triumph Capital Management boosted its position in Lam Research by 22.5% in the 4th quarter. Triumph Capital Management now owns 245 shares of the semiconductor company’s stock valued at $42,000 after buying an additional 45 shares during the last quarter. Traphagen Investment Advisors LLC lifted its stake in shares of 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 acquiring an additional 46 shares in the last quarter. Bank of Jackson Hole Trust boosted its holdings 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 valued at $73,000 after purchasing an additional 48 shares during the last quarter. Field & Main Bank grew its stake in Lam Research by 1.1% during the 4th quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company’s stock valued at $790,000 after purchasing an additional 50 shares in the last quarter. Finally, Capital Advisors Ltd. LLC grew its stake in Lam Research by 1.1% during the 4th quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company’s stock valued at $795,000 after purchasing an additional 51 shares in the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Company Profile

(Get Free Report)

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.