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

A number of firms have modified their ratings and price targets on shares of Lam Research (NASDAQ: LRCX) recently:

• 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.
• 5/27/2026 – Lam Research was given a new $380.00 price target by Mizuho. They now have an “outperform” rating on the stock.
• 5/21/2026 – Lam Research had its price target raised by Sanford C. Bernstein from $325.00 to $340.00. They now have an “outperform” rating on the stock.
• 5/18/2026 – Lam Research was upgraded by Morgan Stanley from “underweight” to “overweight”. They now have a $331.00 price target on the stock, up from $293.00.
• 5/14/2026 – Lam Research was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 5/12/2026 – Lam Research had its price target raised by B. Riley Financial, Inc. from $350.00 to $375.00. They now have a “buy” rating on the stock.
• 5/10/2026 – Lam Research was downgraded by Wall Street Zen from “buy” to “hold”.
• 5/4/2026 – Lam Research is now covered by Seaport Research Partners. They set a “buy” rating and a $300.00 price target on the stock.
• 5/4/2026 – Lam Research was upgraded by Seaport Research Partners to “strong-buy”.
• 5/2/2026 – Lam Research was upgraded by Wall Street Zen from “hold” to “buy”.
• 4/27/2026 – Lam Research had its price target raised by New Street Research from $235.00 to $280.00. They now have a “neutral” rating on the stock.

Lam Research Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. Lam Research’s dividend payout ratio is currently 19.62%.

Insider Activity

In other Lam Research news, Director Eric Brandt sold 54,500 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the sale, the director owned 199,205 shares in the company, valued at $69,881,114. This represents a 21.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the company’s 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 sale, the senior vice president owned 58,470 shares in the company, valued at approximately $18,102,312. This trade represents a 11.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 86,339 shares of company stock worth $27,680,267. Corporate insiders own 0.31% of the company’s stock.

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.