Lam Research (NASDAQ:LRCX) Sets New 52-Week High – Here’s Why
by Kim Johansen · The Markets DailyLam Research Corporation (NASDAQ:LRCX – Get Free Report)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $410.98 and last traded at $411.4140, with a volume of 5495115 shares traded. The stock had previously closed at $379.09.
Key Lam Research News
Here are the key news stories impacting Lam Research this week:
- Positive Sentiment: Recent articles highlighted Lam Research as a potential long-term winner from surging AI chip and memory demand, with rising equipment orders and improving margins supporting the bull case. Could Lam Research Be the Next $1 Trillion Company?
- Positive Sentiment: Lam Research shares also benefited from a broader rally in chip-equipment stocks, fueled by optimism around leading-edge semiconductor spending and Samsung’s advanced-node development plans, which could lift future demand for etch and deposition gear. Lam Research shares jump as chip-equipment rally builds on AI demand and Samsung process news
- Positive Sentiment: Investor sentiment was further supported by Lam Research being added to the Russell Top 50 Index, which can increase institutional ownership and trading visibility. Lam Research (LRCX) Joins The Russell Top 50 Index As Its Market Profile Grows
- Positive Sentiment: Analyst commentary remained upbeat, including higher price targets and improved earnings estimates, reinforcing expectations for strong growth into 2026 and beyond. ASML vs. LRCX: Which Semiconductor Chipmaker Stock Has More Upside?
- Neutral Sentiment: One recent article focused on the stock’s valuation after its sharp rally, suggesting investors may start weighing whether the current premium already reflects much of the AI growth story. Lam Research (NASDAQ:LRCX) Rally Puts Valuation In Focus
- Neutral Sentiment: Insider and institutional selling has been mixed in recent filings, though the market appears to be paying more attention to growth and analyst upgrades than to ownership shifts right now.
Analyst Ratings Changes
A number of analysts have weighed in on LRCX shares. Deutsche Bank Aktiengesellschaft increased their target price on shares of Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Jefferies Financial Group boosted their price objective on shares of Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Evercore boosted their price objective on shares of Lam Research from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Wall Street Zen lowered shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Finally, Seaport Research Partners assumed coverage on shares of Lam Research in a report on Monday, May 4th. They issued a “buy” rating and a $300.00 target price on the stock. Twenty-eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $345.39.
Check Out Our Latest Report on Lam Research
Lam Research Price Performance
The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. The firm has a market capitalization of $541.91 billion, a P/E ratio of 81.76, a price-to-earnings-growth ratio of 3.40 and a beta of 1.85. The business has a fifty day moving average of $320.21 and a 200-day moving average of $253.79.
Lam Research (NASDAQ:LRCX – Get Free Report) last announced its 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 return on equity of 66.21% and a net margin of 30.94%.The firm 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 business earned $1.04 EPS. The firm’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, sell-side analysts forecast that Lam Research Corporation will post 5.68 EPS for the current fiscal year.
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 paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, June 17th. Lam Research’s payout ratio is currently 19.62%.
Insider Buying and Selling
In related news, insider Ava Harter sold 6,010 shares of the stock in a transaction dated 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 completion of the transaction, the insider owned 53,205 shares in the company, valued at $13,762,005.30. This represents a 10.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Eric Brandt sold 54,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the transaction, the director directly owned 199,205 shares in the company, valued at approximately $69,881,114. The trade was a 21.48% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 86,339 shares of company stock valued at $27,680,267 over the last 90 days. 0.31% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC increased its position in shares of Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after purchasing an additional 12,936 shares during the period. Caxton Associates LLP acquired a new stake in shares of Lam Research in the first quarter valued at $239,000. Gabelli Funds LLC bought a new position in Lam Research during the second quarter valued at about $253,000. NewEdge Advisors LLC boosted its stake in Lam Research by 2.7% during the second quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock valued at $9,785,000 after buying an additional 2,661 shares in the last quarter. Finally, Osterweis Capital Management Inc. grew its holdings in Lam Research by 5,206.7% during the second quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock worth $77,000 after acquiring an additional 781 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.
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.