Lam Research (LRCX) to Release Quarterly Earnings on Wednesday

Lam Research (NASDAQ:LRCX) is expected to announce its Q2 2026 results after the market closes on Wednesday, January 28th. Analysts expect the company to announce earnings of $1.15 per share and revenue of $5.2347 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, January 28, 2026 at 5:00 PM ET.

Lam Research Stock Up 2.3%

Shares of LRCX opened at $222.87 on Tuesday. The firm has a market cap of $279.93 billion, a P/E ratio of 49.09, a PEG ratio of 2.76 and a beta of 1.77. Lam Research has a 12 month low of $56.32 and a 12 month high of $236.10. The stock’s 50 day moving average is $179.59 and its two-hundred day moving average is $142.73. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37.

Lam Research Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, December 3rd. Lam Research’s payout ratio is presently 22.91%.

Insider Buying and Selling at Lam Research

In other Lam Research news, Director Bethany Mayer sold 1,298 shares of Lam Research stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total value of $207,667.02. Following the sale, the director owned 1,652 shares in the company, valued at $264,303.48. The trade was a 44.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $150.60, for a total value of $6,036,048.00. Following the transaction, the chief financial officer owned 987,237 shares of the company’s stock, valued at approximately $148,677,892.20. This represents a 3.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 41,408 shares of company stock valued at $6,248,501. 0.31% of the stock is owned by insiders.

Institutional Investors Weigh In On Lam Research

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC grew its stake in shares of Lam Research by 1,032.4% in the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after buying an additional 12,936 shares in the last quarter. Caxton Associates LLP purchased a new position in Lam Research during the 1st quarter valued at about $239,000. Gabelli Funds LLC purchased a new position in Lam Research during the 2nd quarter valued at about $253,000. NewEdge Advisors LLC grew its position in Lam Research by 2.7% in the 2nd quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock valued at $9,785,000 after acquiring an additional 2,661 shares in the last quarter. Finally, Osterweis Capital Management Inc. increased its stake 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 purchasing an additional 781 shares during the period. 84.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

LRCX has been the topic of several recent analyst reports. BNP Paribas Exane increased their price objective on shares of Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday, October 23rd. Barclays set a $195.00 price target on shares of Lam Research in a research note on Thursday, January 15th. Wells Fargo & Company set a $250.00 price objective on Lam Research and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Dbs Bank raised their target price on Lam Research from $119.40 to $184.20 in a research report on Monday, October 27th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Lam Research in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and seven 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 an average price target of $202.81.

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.