NASDAQ:LRCXLam Research Stock Price, Forecast & News

Lam Research's stock was trading at $276.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LRCX stock has increased by 21.9% and is now trading at $337.14. View which stocks have been most impacted by Coronavirus.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last year. There are currently 6 hold ratings and 20 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Lam Research.

Lam Research is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Lam Research.

Lam Research will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Lam Research Co. (NASDAQ:LRCX) announced its earnings results on Wednesday, April, 22nd. The semiconductor company reported $3.98 earnings per share (EPS) for the quarter, hitting the consensus estimate of $3.98. The semiconductor company had revenue of $2.51 billion for the quarter, compared to analysts' expectations of $2.51 billion. Lam Research had a return on equity of 47.79% and a net margin of 21.81%. The firm's quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the company posted $3.70 earnings per share. View Lam Research's earnings history.

Lam Research declared a quarterly dividend on Monday, May 18th. Investors of record on Wednesday, June 17th will be given a dividend of $1.15 per share on Wednesday, July 8th. This represents a $4.60 annualized dividend and a yield of 1.36%. The ex-dividend date is Tuesday, June 16th. View Lam Research's dividend history.

Lam Research announced that its board has initiated a stock buyback program on Wednesday, January 23rd 2019, which authorizes the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 23% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board of directors believes its shares are undervalued.

26 Wall Street analysts have issued 12 month target prices for Lam Research's shares. Their forecasts range from $231.00 to $400.00. On average, they expect Lam Research's share price to reach $315.04 in the next twelve months. This suggests that the stock has a possible downside of 6.6%. View analysts' price targets for Lam Research.

Headlines about LRCX stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lam Research earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned media headlines about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Lam Research.

Lam Research saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 4,380,000 shares, a drop of 6.8% from the June 15th total of 4,700,000 shares. Based on an average daily volume of 2,300,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 3.0% of the company's stock are short sold. View Lam Research's Current Options Chain.

Some companies that are related to Lam Research include Applied Materials (AMAT), KLA (KLAC), Teradyne (TER), Entegris (ENTG), MKS Instruments (MKSI), Cabot Microelectronics (CCMP), Brooks Automation (BRKS), Amkor Technology (AMKR), Advanced Energy Industries (AEIS), FormFactor (FORM), Nanometrics (ONTO), Axcelis Technologies (ACLS), Ultra Clean (UCTT), Photronics (PLAB) and Xperi (XPER). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lam Research investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Applied Materials (AMAT), Netflix (NFLX), Intel (INTC), Broadcom (AVGO), Adobe (ADBE), Boeing (BA) and salesforce.com (CRM).

Lam Research trades on the NASDAQ under the ticker symbol "LRCX."

Lam Research's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.09%), Veracity Capital LLC (0.09%), MERIAN GLOBAL INVESTORS UK Ltd (0.03%), State of Alaska Department of Revenue (0.03%), Mount Yale Investment Advisors LLC (0.01%) and DNB Asset Management AS (0.01%). Company insiders that own Lam Research stock include Abhijit Y Talwalkar, Christine Heckart, Douglas R Bettinger, Kevin Jennings, Mansy Youssef A El, Patrick J Lord, Richard A Gottscho, Sarah A O'dowd, Scott Gerald Meikle, Seshasayee Varadarajan, Timothy Archer and Vahid Vahedi. View institutional ownership trends for Lam Research.

LRCX stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Mount Yale Investment Advisors LLC, IFM Investors Pty Ltd, State of Alaska Department of Revenue, Alpha Windward LLC, DNB Asset Management AS, Diversified Trust Co, and Whittier Trust Co. of Nevada Inc.. Company insiders that have sold Lam Research company stock in the last year include Abhijit Y Talwalkar, Douglas R Bettinger, Kevin Jennings, Mansy Youssef A El, Patrick J Lord, Richard A Gottscho, Sarah A O'dowd, Scott Gerald Meikle, Seshasayee Varadarajan, Timothy Archer, and Vahid Vahedi. View insider buying and selling activity for Lam Research.

LRCX stock was purchased by a variety of institutional investors in the last quarter, including Veracity Capital LLC, Envestnet Asset Management Inc., Farmers Trust Co., Cypress Capital Group, Private Trust Co. NA, Legacy Capital Partners Inc., Forte Capital LLC ADV, and NuWave Investment Management LLC. View insider buying and selling activity for Lam Research.

Shares of LRCX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of LRCX stock can currently be purchased for approximately $337.14.

Lam Research has a market capitalization of $48.94 billion and generates $9.65 billion in revenue each year. The semiconductor company earns $2.19 billion in net income (profit) each year or $14.55 on an earnings per share basis. Lam Research employs 10,700 workers across the globe.

The official website for Lam Research is www.lamresearch.com.

Lam Research's mailing address is 4650 Cushing Parkway, Fremont CA, 94538. The semiconductor company can be reached via phone at 510-572-0200 or via email at [email protected]