NASDAQ:LRCXLam Research Stock Price, Forecast & News

Lam Research's stock was trading at $276.63 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LRCX shares have increased by 24.7% and is now trading at $344.86. 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 quarterly earnings results on Wednesday, April, 22nd. The semiconductor company reported $3.98 earnings per share for the quarter, hitting the Zacks' consensus estimate of $3.98. The semiconductor company earned $2.51 billion during the quarter, compared to the consensus estimate of $2.51 billion. Lam Research had a return on equity of 47.79% and a net margin of 21.81%. Lam Research's revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the business posted $3.70 EPS. View Lam Research's earnings history.

Lam Research announced a quarterly dividend on Monday, May 18th. Shareholders of record on Wednesday, June 17th will be paid a dividend of $1.15 per share on Wednesday, July 8th. This represents a $4.60 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Tuesday, June 16th. View Lam Research's dividend history.

Lam Research declared that its Board of Directors has authorized a stock buyback plan on Wednesday, January 23rd 2019, which allows the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 23% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

26 brokerages have issued 12-month price objectives for Lam Research's shares. Their forecasts range from $231.00 to $400.00. On average, they expect Lam Research's stock price to reach $315.04 in the next twelve months. This suggests that the stock has a possible downside of 8.6%. View analysts' price targets for Lam Research.

News stories about LRCX stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lam Research earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned headlines about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Lam Research.

Lam Research saw a drop in short interest during 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 trading volume of 2,300,000 shares, the days-to-cover ratio is currently 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), Ultra Clean (UCTT), Axcelis Technologies (ACLS), Photronics (PLAB) and Cohu (COHU). 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 investors include Envestnet Asset Management Inc. (0.09%), Veracity Capital LLC (0.09%), TIAA FSB (0.04%), MERIAN GLOBAL INVESTORS UK Ltd (0.03%), Scout Investments Inc. (0.03%) and State of Alaska Department of Revenue (0.03%). 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, Scout Investments Inc., Gyroscope Capital Management Group LLC, Mount Yale Investment Advisors LLC, IFM Investors Pty Ltd, State of Alaska Department of Revenue, Gateway Investment Advisers LLC, and Exchange Traded Concepts LLC. 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., Central Bank & Trust Co., Cypress Capital Group, Icon Wealth Partners LLC, Private Trust Co. NA, and Boenning & Scattergood Inc.. 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 $344.86.

Lam Research has a market capitalization of $50.06 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]