Lam Research - LRCX Stock Forecast, Price & News

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last year. There are currently 7 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LRCX shares.
View LRCX analyst ratings or view top-rated stocks.

20 brokers have issued 1 year price targets for Lam Research's stock. Their LRCX share price forecasts range from $375.00 to $620.00. On average, they expect the company's share price to reach $492.10 in the next year. This suggests that the stock has a possible downside of 2.8%.
View analysts price targets for LRCX or view top-rated stocks among Wall Street analysts.

Lam Research's stock was trading at $420.30 on January 1st, 2023. Since then, LRCX stock has increased by 20.5% and is now trading at $506.30.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
View our LRCX earnings forecast.

Lam Research Co. (NASDAQ:LRCX) announced its quarterly earnings results on Wednesday, January, 25th. The semiconductor company reported $10.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.95 by $0.76. The semiconductor company earned $5.28 billion during the quarter, compared to analysts' expectations of $5.08 billion. Lam Research had a trailing twelve-month return on equity of 73.48% and a net margin of 26.91%. The business's revenue for the quarter was up 24.9% on a year-over-year basis. During the same period in the prior year, the firm earned $8.53 earnings per share.
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Lam Research declared a quarterly dividend on Thursday, February 9th. Stockholders of record on Wednesday, March 15th will be given a dividend of $1.725 per share on Wednesday, April 5th. This represents a $6.90 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date is Tuesday, March 14th.
Read our dividend analysis for LRCX.

ETFs with the largest weight of Lam Research (NASDAQ:LRCX) stock in their portfolio include Columbia Seligman Semiconductor and Technology ETF (SEMI), Invesco Dynamic Semiconductors ETF (PSI), 2ndVote Life Neutral Plus ETF (LYFE), ProShares Nanotechnology ETF (TINY), Strive U.S. Semiconductor ETF (SHOC), VanEck Semiconductor ETF (SMH), iShares Semiconductor ETF (SOXX) and Invesco PHLX Semiconductor ETF (SOXQ).

Lam Research (NASDAQ:LRCX) pays an annual dividend of $6.90 per share and currently has a dividend yield of 1.34%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 18.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LRCX will have a dividend payout ratio of 26.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LRCX.

Lam Research issued an update on its third quarter 2023 earnings guidance on Wednesday, January, 25th. The company provided earnings per share (EPS) guidance of $5.75-$7.25 for the period, compared to the consensus earnings per share estimate of $7.88. The company issued revenue guidance of $3.50 billion-$4.10 billion, compared to the consensus revenue estimate of $4.38 billion.

152 employees have rated Lam Research Chief Executive Officer Tim Archer on Glassdoor.com. Tim Archer has an approval rating of 94% among the company's employees. This puts Tim Archer in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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), Advanced Micro Devices (AMD), Broadcom (AVGO), Salesforce (CRM) and PayPal (PYPL).

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

Lam Research's stock is owned by many different institutional and retail investors. Top institutional shareholders include Moneta Group Investment Advisors LLC (24.32%), Price T Rowe Associates Inc. MD (2.51%), Fisher Asset Management LLC (1.96%), Geode Capital Management LLC (1.87%), Sands Capital Management LLC (1.75%) and Morgan Stanley (1.22%). Insiders that own company stock include Abhijit Y Talwalkar, Catherine P Lego, Douglas R Bettinger, Douglas R Bettinger, Jaynie M Studenmund, Kevin Jennings, Leslie F Varon, Patrick J Lord, Richard A Gottscho, Richard A Gottscho, Scott Gerald Meikle, Seshasayee Varadarajan, Sohail U Ahmed, Timothy Archer, Timothy Archer and Vahid Vahedi.
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Shares of LRCX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LRCX stock can currently be purchased for approximately $506.30.

Lam Research (NASDAQ:LRCX) has a market capitalization of $68.32 billion and generates $19.05 billion in revenue each year. The semiconductor company earns $4.61 billion in net income (profit) each year or $37.20 on an earnings per share basis.

The company employs 17,700 workers across the globe.

Lam Research's mailing address is 4650 Cushing Parkway, Fremont CA, 94538. The official website for the company is www.lamresearch.com. The semiconductor company can be reached via phone at (510) 572-0200, via email at investor.relations@lamresearch.com, or via fax at 510-572-6454.