Q1 2026 EPS Estimates for Lam Research Co. Boosted by Analyst (NASDAQ:LRCX)

Lam Research Co. (NASDAQ:LRCX) – Equities researchers at B. Riley boosted their Q1 2026 earnings per share (EPS) estimates for Lam Research in a research report issued on Wednesday, April 24th. B. Riley analyst C. Ellis now expects that the semiconductor company will post earnings of $10.52 per share for the quarter, up from their previous forecast of $10.48. B. Riley has a “Buy” rating and a $1,100.00 price target on the stock. The consensus estimate for Lam Research’s current full-year earnings is $29.54 per share.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, April 24th. The semiconductor company reported $7.79 EPS for the quarter, beating analysts’ consensus estimates of $7.26 by $0.53. Lam Research had a return on equity of 45.96% and a net margin of 25.35%. The business had revenue of $3.79 billion for the quarter, compared to analysts’ expectations of $3.72 billion. During the same quarter in the prior year, the firm earned $6.99 earnings per share. The firm’s revenue was down 2.0% on a year-over-year basis.

Several other brokerages have also recently weighed in on LRCX. Needham & Company LLC restated a “buy” rating and set a $1,030.00 target price on shares of Lam Research in a report on Thursday, April 25th. Wells Fargo & Company raised their target price on Lam Research from $930.00 to $980.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 2nd. Mizuho upped their price target on shares of Lam Research from $935.00 to $960.00 and gave the stock a “buy” rating in a research note on Thursday, April 25th. JPMorgan Chase & Co. lifted their target price on Lam Research from $900.00 to $950.00 and gave the stock an “overweight” rating in a report on Thursday, April 25th. Finally, Barclays boosted their target price on Lam Research from $825.00 to $865.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 25th. Six equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $950.85.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $928.81 on Monday. The stock has a market cap of $121.77 billion, a price-to-earnings ratio of 34.16, a P/E/G ratio of 2.88 and a beta of 1.51. The stock’s 50-day moving average is $943.72 and its 200 day moving average is $813.44. The company has a current ratio of 2.82, a quick ratio of 1.84 and a debt-to-equity ratio of 0.56. Lam Research has a 1-year low of $507.19 and a 1-year high of $1,007.39.

Institutional Trading of Lam Research

Hedge funds and other institutional investors have recently bought and sold shares of the business. Arlington Trust Co LLC increased its position in shares of Lam Research by 7.7% during the fourth quarter. Arlington Trust Co LLC now owns 182 shares of the semiconductor company’s stock worth $143,000 after acquiring an additional 13 shares during the period. Capital Performance Advisors LLP increased its holdings in shares of Lam Research by 2.2% in the 4th quarter. Capital Performance Advisors LLP now owns 613 shares of the semiconductor company’s stock valued at $480,000 after acquiring an additional 13 shares during the period. Van Leeuwen & Company LLC grew its stake in Lam Research by 0.5% in the fourth quarter. Van Leeuwen & Company LLC now owns 2,583 shares of the semiconductor company’s stock valued at $2,023,000 after purchasing an additional 13 shares during the last quarter. Busey Bank raised its holdings in Lam Research by 1.5% in the first quarter. Busey Bank now owns 869 shares of the semiconductor company’s stock worth $844,000 after purchasing an additional 13 shares in the last quarter. Finally, First Affirmative Financial Network raised its stake in shares of Lam Research by 2.5% during the 1st quarter. First Affirmative Financial Network now owns 525 shares of the semiconductor company’s stock worth $510,000 after acquiring an additional 13 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Activity at Lam Research

In other Lam Research news, Director Abhijit Y. Talwalkar sold 882 shares of Lam Research stock in a transaction on Monday, April 1st. The shares were sold at an average price of $972.03, for a total value of $857,330.46. Following the sale, the director now directly owns 10,541 shares in the company, valued at approximately $10,246,168.23. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, SVP Seshasayee Varadarajan sold 5,500 shares of the firm’s stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $922.41, for a total value of $5,073,255.00. Following the completion of the sale, the senior vice president now owns 22,095 shares in the company, valued at approximately $20,380,648.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Abhijit Y. Talwalkar sold 882 shares of Lam Research stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $972.03, for a total transaction of $857,330.46. Following the transaction, the director now directly owns 10,541 shares of the company’s stock, valued at $10,246,168.23. The disclosure for this sale can be found here. In the last quarter, insiders have sold 7,029 shares of company stock worth $6,559,489. 0.32% of the stock is owned by corporate insiders.

Lam Research Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Wednesday, March 13th were given a dividend of $2.00 per share. The ex-dividend date was Tuesday, March 12th. This represents a $8.00 annualized dividend and a dividend yield of 0.86%. Lam Research’s payout ratio is 29.42%.

Lam Research Company Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.