Lam Research (NASDAQ:LRCX) Stock Price Down 1.2% – Here’s Why

Lam Research Corporation (NASDAQ:LRCX)’s stock price fell 1.2% during mid-day trading on Monday . The company traded as low as $227.23 and last traded at $231.00. 10,244,323 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 12,442,629 shares. The stock had previously closed at $233.89.

Key Lam Research News

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

• Positive Sentiment: Last quarter Lam beat EPS and revenue expectations and issued guidance that supports the multi-quarter recovery narrative — a clear fundamental positive for demand visibility. Earnings & guidance
• Positive Sentiment: Lam opened a new Boise office to deepen R&D and manufacturing collaboration with Micron, reinforcing its role in memory and AI-related tooling (supports future revenue from memory capex). Lam Research Boise Expansion Deepens Ties To Micron And AI Memory Demand
• Positive Sentiment: Analyst and ranking momentum: LRCX was added to Zacks’ Strong Buy list and several broker targets remain above the stock — supportive for investor sentiment and potential buying interest. New Strong Buy Stocks for March 4th
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference; the transcript offers color on order trends and capex timing but did not change guidance materially — useful for modeling but not a catalyst by itself. Morgan Stanley TMT conference transcript
• Neutral Sentiment: Technical/price-target commentary points to further upside potential, which can amplify short-term moves but is speculative. Technical outlook
• Negative Sentiment: Sector/geopolitical shock: a rout in memory/storage stocks driven by concerns out of South Korea and LNG/energy-price risk triggered broad selling that pressured LRCX intraday. Why Micron, SanDisk & Memory Stocks Are Crashing Today
• Negative Sentiment: Market reaction: headlines note LRCX shares fell after the memory sell-off, showing the stock’s sensitivity to sector momentum despite company-level strengths. Why Lam Research (LRCX) Shares Are Trading Lower Today
• Negative Sentiment: Insider selling: the CFO and another insider disclosed multi-million-dollar stock sales in early March — large contemporaneous sales can increase short-term selling pressure or raise governance questions for some investors. CFO Form 4 (SEC)
• Negative Sentiment: Near-term underperformance versus peers was flagged in market data, which can feed momentum-based selling algorithms and magnify intraday weakness. Underperformance vs. competitors

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. The Goldman Sachs Group set a $262.00 price objective on Lam Research and gave the stock a “buy” rating in a research report on Thursday, January 29th. Oppenheimer reaffirmed an “outperform” rating and issued a $265.00 price target on shares of Lam Research in a research note on Thursday, January 29th. Rothschild & Co Redburn increased their price objective on Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Argus lifted their price objective on Lam Research from $175.00 to $280.00 in a report on Tuesday, February 3rd. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Lam Research in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $245.19.

Lam Research Stock Up 2.6%

The firm’s 50 day moving average price is $218.86 and its 200-day moving average price is $167.34. 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 company has a market cap of $278.46 billion, a P/E ratio of 45.69, a price-to-earnings-growth ratio of 2.49 and a beta of 1.77.

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

Lam Research Announces Dividend

The company 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 $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Wednesday, March 4th. Lam Research’s dividend payout ratio (DPR) is currently 21.31%.

Insider Buying and Selling

In related news, insider Ava Harter sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $232.50, for a total transaction of $930,000.00. Following the completion of the transaction, the insider owned 54,705 shares in the company, valued at approximately $12,718,912.50. The trade was a 6.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Douglas R. Bettinger sold 40,329 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $230.22, for a total transaction of $9,284,542.38. Following the completion of the sale, the chief financial officer owned 1,054,012 shares in the company, valued at approximately $242,654,642.64. This trade represents a 3.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 79,329 shares of company stock valued at $18,110,542 in the last 90 days. 0.31% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LRCX. Brighton Jones LLC raised its holdings in Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after buying an additional 12,936 shares during the period. Caxton Associates LLP acquired a new stake in shares of Lam Research during the first quarter worth $239,000. Ignite Planners LLC lifted its position in Lam Research by 32.8% in the 2nd quarter. Ignite Planners LLC now owns 5,169 shares of the semiconductor company’s stock valued at $520,000 after acquiring an additional 1,277 shares in the last quarter. TIAA Trust National Association boosted its stake in Lam Research by 2.0% in the 2nd quarter. TIAA Trust National Association now owns 34,414 shares of the semiconductor company’s stock worth $3,350,000 after purchasing an additional 691 shares during the period. Finally, Sigma Planning Corp increased its holdings in Lam Research by 1.5% during the 2nd quarter. Sigma Planning Corp now owns 18,208 shares of the semiconductor company’s stock worth $1,772,000 after purchasing an additional 272 shares in the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Company Profile

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.