Research Analysts’ Weekly Ratings Changes for Lam Research (LRCX)

Lam Research (NASDAQ: LRCX) recently received a number of ratings updates from brokerages and research firms:

• 7/30/2026 – Lam Research had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $320.00 price target on the stock.
• 7/30/2026 – Lam Research had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $350.00 price target on the stock, down from $450.00.
• 7/30/2026 – Lam Research was given a new $335.00 price target by Jefferies Financial Group Inc.. They now have a “buy” rating on the stock.
• 7/30/2026 – Lam Research had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $390.00 price target on the stock.
• 7/27/2026 – Lam Research had its “hold” rating reaffirmed by HSBC Holdings plc. They now have a $333.00 price target on the stock.
• 7/23/2026 – Lam Research was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 7/20/2026 – Lam Research had its “outperform” rating reaffirmed by Evercore Inc. They now have a $355.00 price target on the stock.
• 7/17/2026 – Lam Research was upgraded by Zacks Research from “hold” to “strong-buy”.
• 7/10/2026 – Lam Research had its price target raised by Stifel Nicolaus from $325.00 to $425.00. They now have a “buy” rating on the stock.
• 7/10/2026 – Lam Research had its price target raised by Needham & Company LLC from $300.00 to $390.00. They now have a “buy” rating on the stock.
• 7/9/2026 – Lam Research had its “buy” rating reaffirmed by TD Cowen. They now have a $400.00 price target on the stock, up from $340.00.
• 7/9/2026 – Lam Research had its price target raised by Mizuho from $380.00 to $400.00. They now have an “outperform” rating on the stock.
• 7/6/2026 – Lam Research had its price target raised by Morgan Stanley from $331.00 to $404.00. They now have an “overweight” rating on the stock.
• 6/30/2026 – Lam Research had its “positive” rating reaffirmed by Susquehanna. They now have a $475.00 price target on the stock, up from $385.00.
• 6/29/2026 – Lam Research was given a new $500.00 price target by Cantor Fitzgerald. They now have an “overweight” rating on the stock.
• 6/29/2026 – Lam Research was given a new $500.00 price target by Stifel Nicolaus.
• 6/23/2026 – Lam Research had its price target raised by Bank of America Corporation from $330.00 to $480.00. They now have a “buy” rating on the stock.
• 6/22/2026 – Lam Research had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $450.00 price target on the stock, up from $365.00.
• 6/17/2026 – Lam Research had its “buy” rating reaffirmed by Citigroup Inc.. They now have a $450.00 price target on the stock, up from $315.00.
• 6/17/2026 – Lam Research had its price target raised by Rothschild & Co Redburn from $305.00 to $420.00. They now have a “buy” rating on the stock.
• 6/15/2026 – Lam Research had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $400.00 price target on the stock, up from $330.00.
• 6/11/2026 – Lam Research had its “overweight” rating reaffirmed by Barclays PLC. They now have a $335.00 price target on the stock, up from $275.00.
• 6/10/2026 – Lam Research was given a new $425.00 price target by Cantor Fitzgerald. They now have an “overweight” rating on the stock.
• 6/10/2026 – Lam Research was given a new $425.00 price target by Raymond James Financial, Inc..
• 6/10/2026 – Lam Research had its price target raised by Barclays PLC from $275.00 to $335.00. They now have an “equal weight” rating on the stock.
• 6/9/2026 – Lam Research had its “buy” rating reaffirmed by UBS Group AG. They now have a $375.00 price target on the stock, up from $310.00.
• 6/1/2026 – Lam Research had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $575.00 price target on the stock, up from $320.00.

Lam Research Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th were issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Wednesday, June 17th. Lam Research’s dividend payout ratio is 19.62%.

Insider Activity

In other news, SVP Neil J. Fernandes sold 7,659 shares of Lam Research stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $309.60, for a total value of $2,371,226.40. Following the transaction, the senior vice president directly owned 58,470 shares in the company, valued at approximately $18,102,312. The trade was a 11.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the business’s stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $335.00, for a total value of $6,124,470.00. Following the transaction, the director directly owned 87,142 shares of the company’s stock, valued at $29,192,570. This represents a 17.34% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 98,611 shares of company stock valued at $32,250,190. 0.31% of the stock is owned by insiders.

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.