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. Since then, LRCX stock has increased by 21.4% and is now trading at $335.88. 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 Co. (NASDAQ:LRCX) issued its quarterly earnings data on Wednesday, April, 22nd. The semiconductor company reported $3.98 EPS for the quarter, meeting analysts' consensus estimates 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%. The business's quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.70 earnings per share. View Lam Research's earnings history.

Lam Research announced a quarterly dividend on Monday, May 18th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend is Tuesday, June 16th. View Lam Research's dividend history.

Lam Research declared that its board has authorized a share buyback plan on Wednesday, January 23rd 2019, which allows the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 23% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board believes its shares are undervalued.

26 brokerages have issued 1 year target prices for Lam Research's stock. Their forecasts range from $231.00 to $400.00. On average, they anticipate Lam Research's stock price to reach $314.27 in the next twelve months. This suggests that the stock has a possible downside of 6.4%. View analysts' price targets for Lam Research.

News coverage about LRCX stock has trended negative this week, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lam Research earned a news impact score of -2.1 on InfoTrie's scale. They also assigned news stories about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Lam Research.

Lam Research saw a decline in short interest in June. As of June 30th, there was short interest totaling 4,380,000 shares, a decline of 6.8% from the June 15th total of 4,700,000 shares. Based on an average daily trading volume, of 2,300,000 shares, the short-interest ratio is presently 1.9 days. Currently, 3.0% of the shares of the stock are sold short. 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 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 number of retail and institutional investors. Top institutional investors include Farmers Trust Co. (0.01%), Fulton Bank N. A. (0.00%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). 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 Nelson Van Denburg & Campbell Wealth Management Group 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 acquired by a variety of institutional investors in the last quarter, including Farmers Trust Co., and Fulton Bank N. A.. 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 $335.88.

Lam Research has a market capitalization of $48.76 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]