Lam Research Co. to Post Q1 2026 Earnings of $9.08 Per Share, Zacks Research Forecasts (NASDAQ:LRCX)

Lam Research Co. (NASDAQ:LRCX) – Zacks Research boosted their Q1 2026 earnings estimates for shares of Lam Research in a report released on Thursday, April 18th. Zacks Research analyst R. Department now expects that the semiconductor company will post earnings per share of $9.08 for the quarter, up from their prior estimate of $9.02. The consensus estimate for Lam Research’s current full-year earnings is $28.92 per share. Zacks Research also issued estimates for Lam Research’s Q2 2026 earnings at $9.94 EPS.

Other analysts have also issued reports about the stock. B. Riley raised shares of Lam Research from a “neutral” rating to a “buy” rating and increased their price target for the stock from $870.00 to $1,100.00 in a research report on Friday, April 19th. UBS Group boosted their price target on shares of Lam Research from $885.00 to $1,130.00 and gave the company a “buy” rating in a report on Tuesday, March 5th. Barclays increased their price objective on Lam Research from $750.00 to $825.00 and gave the stock an “equal weight” rating in a report on Thursday, January 25th. The Goldman Sachs Group boosted their target price on Lam Research from $700.00 to $912.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. Finally, Susquehanna raised their price target on Lam Research from $655.00 to $880.00 and gave the stock a “neutral” rating in a research note on Monday, January 29th. Seven analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $931.85.

Lam Research Trading Up 2.2 %

Shares of NASDAQ LRCX opened at $887.42 on Monday. The company has a current ratio of 3.06, a quick ratio of 2.02 and a debt-to-equity ratio of 0.61. Lam Research has a one year low of $493.42 and a one year high of $1,007.39. The business has a 50-day moving average price of $944.54 and a two-hundred day moving average price of $805.82. The firm has a market capitalization of $116.34 billion, a PE ratio of 34.32, a PEG ratio of 3.15 and a beta of 1.51.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, January 24th. The semiconductor company reported $7.52 EPS for the quarter, topping the consensus estimate of $7.06 by $0.46. The business had revenue of $3.76 billion during the quarter, compared to analysts’ expectations of $3.71 billion. Lam Research had a return on equity of 44.47% and a net margin of 24.15%. Lam Research’s revenue was down 28.8% compared to the same quarter last year. During the same quarter last year, the firm posted $10.71 earnings per share.

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 3rd. Investors of record on Wednesday, March 13th were paid a $2.00 dividend. The ex-dividend date of this dividend was Tuesday, March 12th. This represents a $8.00 dividend on an annualized basis and a yield of 0.90%. Lam Research’s payout ratio is presently 30.94%.

Insider Activity at Lam Research

In related news, Director Abhijit Y. Talwalkar sold 882 shares of the firm’s 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 transaction, the director now directly owns 10,541 shares in the company, valued at approximately $10,246,168.23. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Abhijit Y. Talwalkar sold 882 shares of the firm’s 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 transaction, the director now directly owns 10,541 shares in the company, valued at approximately $10,246,168.23. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Christina Corrreia sold 647 shares of the firm’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $972.03, for a total transaction of $628,903.41. Following the completion of the sale, the chief accounting officer now owns 5,541 shares in the company, valued at $5,386,018.23. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,029 shares of company stock worth $6,559,489. 0.32% of the stock is owned by insiders.

Institutional Trading of Lam Research

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Orion Capital Management LLC acquired a new stake in Lam Research in the 3rd quarter worth $25,000. BluePath Capital Management LLC acquired a new stake in Lam Research in the 3rd quarter worth $28,000. DSM Capital Partners LLC acquired a new stake in Lam Research in the 4th quarter worth $28,000. OFI Invest Asset Management acquired a new stake in Lam Research in the 3rd quarter worth $30,000. Finally, Asset Dedication LLC grew its position in Lam Research by 56.7% in the 3rd quarter. Asset Dedication LLC now owns 47 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 17 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

About Lam Research

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.