Lam Research (LRCX.US) Price Target 2026/2027: 20% Upside – Rating and Stock Analysis

309,43
0,65%
Price history for Lam Research (LRCX.US) – stock price at 309.43 $, August 2026
Lam Research stock price – price development 2026. Updated Aug 6, 2026.
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Lam Research Price Target 2026: Analysts See 19% Upside

The average price target for Lam Research is $368.13. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 18,97% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is Lam Research overvalued or undervalued?

Lam Research is currently undervalued with a gap of 19% relative to the price target.


The current price is $309.43, which places Lam Research in the undervalued category. The stock is considered undervalued when the price is below $331.32, and overvalued when the price exceeds $404.94.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Lam Research, the fair value range lies between $331.32 and $404.94.


See the full price target analysis for Lam Research →

Analyst Ratings for Lam Research stock in 2026: Buy

33 analysts cover Lam Research. The majority is positive, with 72.7% recommending Buy, while 27.3% recommend Hold. The average price target is $368.13, which gives an upside of 19% from the current price.

Consensus: Buy (4.33/5)
Strong Buy
20 (60.6%)
Buy
4 (12.1%)
Hold
9 (27.3%)
Strong Sell Sell Hold Buy Strong Buy
4.33 out of 5 based on 33 analysts

About Lam Research – Semiconductor Equipment & Materials

Lam Research Corporation, eller lrcx.us, laver udstyr til produktion af mikrochips. De sælger, reparerer og servicerer maskiner, som bruges, når man fremstiller integrerede kredsløb. De tjener altså penge på at levere den teknologi, chipproducenterne skal bruge. Virksomheden er kendt for deres ALTUS-systemer, som bruger wolfram til metalisering, og SABRE-serien, der laver kobberforbindelser på chippen. De sælger også specialiserede ætsemaskiner som Flex til dielektrisk ætsning og Kiyo til leder-ætsning. Lam Research blev grundlagt i 1980 og driver forretning i over 60 lande, hvor de servicerer de store globale chipproducenter. Read more about the company

Key Figures for Lam Research

$ 398B Market cap
$ 23,2B Revenue
Semiconductor Equipment & Materials Industry
54.78 P/E
17.11 P/S
29.40 P/B
USA Listed on exchange

What kind of stock is Lam Research?

Growth stock Quality stock

Lam Research is classified as a growth stock and quality stock. This means the stock combines several attractive traits, strong financial health (Piotroski 8/9).

Score Overview for Lam Research

💰 Value Score 11/100 (Very Low)
⭐ Quality Score 95/100 (Very High)
🚀 Momentum Score 44/100 (Neutral)
📊 Total Score 50/100

📈 Valuation

Lam Research trades at a P/E ratio of 54.8, which is above the market average. The forward P/E is 32.1 (41% lower), which suggests the market expects rising earnings. The P/S ratio is 17.1 (high — the market pays a premium for the revenue). The P/B ratio is 29.4. The PEG ratio is 1.38.

💵 Profitability & Growth

Lam Research has a profit margin of 31.3% (excellent) and an operating margin of 37.4%. Return on equity (ROE) is 65.1% — excellent return on equity. Return on assets (ROA) is 22.8%. The latest quarterly earnings grew 34.7% year over year — strong growth.

🏦 Financial Health

The Piotroski score is 8 out of 9 — excellent financial health. Altman Z2 is 6.24 (healthy balance sheet — low risk). The debt-to-equity ratio (D/E) is 116.4% — moderate debt.

🚀 Momentum & Short Interest

Short interest is 2.64%.

Lam Research Dividend 2026: 0.4% Dividend Yield

Dividend Key Figures for Lam Research in 2026

Dividend yield
0.35%
Dividend per share
0.26 USD
Payout ratio
17.9%
Low
Dividend growth (6 years)
+525.0%
Avg. annual dividend (3 years)
0.71 USD

When does Lam Research pay a dividend in 2026?

Latest ex-dividend date (traded without the dividend)
June 17, 2026
Next dividend payment
July 8, 2026
Latest payment date
July 8, 2026

How much does Lam Research pay in dividends?

Lam Research pays dividends to its shareholders. The most recently paid dividend was 0.26 USD per share, which corresponds to a dividend yield of 0.35%. Over the last 6 years, the annual dividend has grown by 525.0%, which shows positive dividend growth.

The payout ratio is 17.9%, which is low. This suggests the company prioritizes reinvesting in growth over dividend payments. There is good room to raise the dividend in the future.

Historical Dividend Payments for Lam Research

We have registered dividend payments for Lam Research since 2019-12-10. In that period the stock has paid a dividend 41 times, most recently on 2026-06-17. This stock qualifies as a stable dividend stock, because it has paid a dividend at least once a year for the last 5 years. That makes it attractive to investors looking for steady, regular dividend payments.

Ex-datePayment dateAmountCurrencyPeriod
2026-06-172026-07-080.26USDUnknown period
2026-06-172026-07-080.26USDUnknown period
2026-06-172026-07-080.26USDUnknown period
2026-06-172026-07-080.26USDUnknown period
2026-06-172026-07-080.26USDUnknown period
2026-06-172026-07-080.26USDUnknown period
2026-06-172026-07-080.26USDUnknown period
2026-06-172026-07-080.26USDUnknown period
2026-06-172026-07-080.26USDUnknown period
2026-06-172026-07-080.26USDUnknown period
2026-06-172026-07-080.26USDUnknown period
2026-06-172026-07-080.26USDUnknown period
2026-06-172026-07-080.26USDUnknown period
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2026-06-172026-07-080.26USDUnknown period
2026-06-172026-07-080.26USDUnknown period
2026-06-172026-07-080.26USDUnknown period
2026-03-042026-04-080.26USDUnknown period
2025-12-032026-01-070.26USDUnknown period
2025-09-242025-10-150.26USDUnknown period
2025-03-052025-04-090.23USDUnknown period
2024-09-172024-10-010.23USDUnknown period
2024-06-182024-07-100.20USDUnknown period
2024-03-122024-04-030.20USDUnknown period
2023-12-122024-01-030.20USDUnknown period
2023-09-122023-10-040.20USDUnknown period
2023-06-132023-07-050.17USDUnknown period
2023-03-142023-04-050.17USDUnknown period
2022-12-132023-01-040.17USDUnknown period
2022-09-132022-10-050.17USDUnknown period
2022-06-142022-07-060.15USDUnknown period
2022-03-152022-04-060.15USDUnknown period
2021-12-142022-01-050.15USDUnknown period
2021-09-272021-10-130.15USDUnknown period
2021-06-152021-07-070.13USDUnknown period
2021-03-162021-04-070.13USDUnknown period
2020-12-082021-01-060.13USDUnknown period
2020-09-292020-10-140.13USDUnknown period
2020-06-162020-07-080.12USDUnknown period
2020-03-242020-04-080.12USDUnknown period
2019-12-102020-01-080.12USDUnknown period

Insider Trading in Lam Research 2026: The Signal Is negative

In 2026, insiders at Lam Research have made 20 transactions, all of which were sales. On a net basis, insiders took 79,128,770 $ out of the stock. Active insiders include TALWALKAR ABHIJIT Y, ARCHER TIMOTHY, BRANDT ERIC and others. In the short term (last 3 months), the insider signal is negative.

Short-Term Signal (3 months): Negative

Insiders have exclusively sold shares over the last 3 months.

Over the last 3 months: 0 purchases and 5 sales. A net 20,662,459 $ out of the stock.

Long-Term Signal (all transactions): Negative

Insiders have exclusively sold shares in the recent period. This can suggest management sees limited opportunity.

Across the last 20 transactions: 0 purchases and 20 sales. A net 79,128,770 $ out of the stock.

Latest sale: TALWALKAR ABHIJIT Y sold 18,282 shares at 335 $ each on 2026-07-13.

Who is selling: TALWALKAR ABHIJIT Y, ARCHER TIMOTHY, BRANDT ERIC, Fernandes Neil J, Harter Ava and others.

Latest Insider Trades in Lam Research (2026)

The table shows the last 20 reported insider transactions in Lam Research. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-07-13 TALWALKAR ABHIJIT Y Sell 18,282 335 6,124,470
2026-07-02 ARCHER TIMOTHY Sell 30,000 390 11,700,300
2026-06-12 BRANDT ERIC Sell 300 373 111,927
2026-06-11 BRANDT ERIC Sell 974 364 354,536
2026-06-01 Fernandes Neil J Sell 7,659 310 2,371,226
2026-05-01 Fernandes Neil J Sell 18,170 255 4,635,894
2026-04-27 Harter Ava Sell 6,010 259 1,554,547
2026-03-27 Vahedi Vahid Sell 3,382 234 791,016
2026-03-27 Harter Ava Sell 3,199 234 748,214
2026-03-04 Harter Ava Sell 1,500 223 333,990

Who is buying and selling Lam Research shares in 2026?

The following insiders have sold shares: TALWALKAR ABHIJIT Y, ARCHER TIMOTHY, BRANDT ERIC, Fernandes Neil J, Harter Ava and others. In total, 79,128,770 $ was sold across 20 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

Lam Research Short Selling 2026: 2.6% Sold Short

Moderate short interest: 2.6% of the free float
Short % of free float
2.6%
Assessment
Moderate short interest
Short squeeze risk
Low
Data source
SEC
Updated daily
The stock has a moderate share of short selling. Between 2-5% of the freely traded shares are sold short, which is within the normal range for most stocks.

Data is updated daily based on official filings with the SEC.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
2.6%

When Does Lam Research Report Earnings?

The next earnings date for Lam Research is not yet available. Check the company's investor calendar for more information.



Technical Analysis of Lam Research 2026 – Signal: Hold

Overall Technical Signal: Hold

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Technical analysis of Lam Research (LRCX.US) – RSI 48, MACD negative (bearish), daily candlestick chart August 2026
Lam Research technical analysis – candlestick chart with RSI and MACD. Updated Aug 6, 2026.

Trend Analysis of Lam Research Corporation

Lam Research Corporation is in a short-term downtrend. The price of $307.42 is 1.6% below the 20-day average ($312.32). Medium term, the picture is negative: the price is 9.1% below the 50-day average ($338.33). Long term, the stock is 26.2% above the 200-day average ($243.51), which confirms a long-term uptrend.

Golden Cross: The 50-day average (338.33) is above the 200-day average (243.51), which is a classic bullish signal for Lam Research Corporation.

Is Lam Research Corporation overbought or oversold?

Lam Research Corporation has an RSI of 47.6, right in the middle of the neutral zone. There is no clear buying or selling pressure.

MACD Analysis for Lam Research Corporation

Daily MACD: MACD is negative (-12.809), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is above the signal line (-13.734) by 0.925, which suggests the negative momentum is fading – a potential trend reversal could be ahead.

Weekly MACD: MACD5 is positive (32.215), which indicates a broader bullish long-term trend. MACD5 is below the signal line (39.701) by 7.486, which suggests the long-term momentum is fading – the positive trend could come under pressure.

Overall MACD assessment: The daily and weekly MACD give conflicting signals. The long-term trend is bullish, but the short-term trend is bearish. Daily momentum is rising, though, which could suggest the pullback is over.

Risk Profile for Lam Research Corporation

Lam Research Corporation has an annual standard deviation of 63.5%, which classifies the stock as high risk. Sizeable price swings are normal, and the stock requires a higher risk tolerance.

Overall Technical Conclusion for Lam Research Corporation

Trend: Neutral/mixed.

MACD trend (zero line): Daily bearish (-12.809). Weekly bullish (32.215).

MACD momentum (signal): Daily rising. Weekly falling.

RSI: 47.6 – neutral.

Technical signal: Hold

The signals are mixed – trend and MACD point in different directions. Wait until MACD crosses the zero line in the direction of the trend before acting.

Frequently Asked Questions About Lam Research stock in 2026

Should you buy Lam Research stock now?
The technical signal for Lam Research is currently NEUTRAL. Lam Research trades at $309.43 as of 8/6/2026. The overall technical signal is: Hold. The technical analysis shows the following: MACD is negative (bearish trend) at -12.809 with rising momentum (signal: -13.734); RSI is at 47.6 (neutral zone); the stock is in a short-term downtrend (price below the 20-day average); the analyst price target of $368.13 points to 19.0% upside. This is a technical observation based on current data, not investment advice.
What is the price target for Lam Research stock?
The average analyst price target for Lam Research is $368.13. The current price is $309.43, which gives an upside of 19.0%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $331.32 and $404.94.
Is Lam Research a dividend stock?
Yes, Lam Research is a dividend stock with a dividend yield of 0.35%. The latest dividend was $0.26 per share. The latest ex-dividend date (traded without the dividend) was 6/17/2026. The payout ratio is 17.9%, which is considered sustainable. The next dividend payment is scheduled for 7/8/2026.
When does Lam Research pay a dividend in 2026?
Lam Research pays its next dividend on 7/8/2026. The latest dividend was $0.26 per share with an ex-dividend date of 6/17/2026. The dividend yield is 0.35%. The payout ratio of 17.9% points to a sustainable dividend with room to grow.
What is the risk of Lam Research stock?
Lam Research is rated as a stock with high risk. the annual standard deviation is 63.5%, which classifies the stock as high risk.
Is Lam Research overvalued?
No, Lam Research is considered undervalued based on the analyst price target (19.0% upside). Lam Research has the following valuation ratios: a P/E ratio of 54.8 (highly valued), a P/S ratio of 17.1, a P/B ratio of 29.4. The analyst price target suggests that the stock is undervalued by 19.0%.
Is Lam Research overbought?
No, Lam Research is not overbought. RSI is at 47.6 (neutral zone). The technical indicators show: RSI is at 47.6 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 0.9% below the 20-day average (short-term downtrend). In addition, MACD is negative, but momentum is rising (possible trend reversal).
When is the next Lam Research earnings report?
The date of the next earnings report for Lam Research has not been published yet. Check the company's investor calendar for updates.
Is Lam Research shorted?
Yes, Lam Research is shorted with 2.6% of the free float sold short. This is a moderate level of short selling, within the normal range for most stocks. Data is updated daily based on official filings with the SEC.
Are insiders buying Lam Research stock?
No, insiders are not buying Lam Research shares – they are net sellers. Over the last 3 months, insiders have made 0 purchases and 5 sales. On a net basis, 20,662,459 $ worth of shares were sold. Across the last 20 reported transactions, the split is 0 purchases and 20 sales, with a net 79,128,770 $ sold. Active sellers include TALWALKAR ABHIJIT Y, ARCHER TIMOTHY, BRANDT ERIC and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is Lam Research a good stock?
Based on our total score, Lam Research is rated as a mediocre stock with a total score of 50 out of 100. The stock scores around average on value, quality and momentum – it sits near the median in our database. The score is made up of Value: 11/100, Quality: 95/100, Momentum: 44/100. In addition: analysts see 19.0% upside to the price target; a dividend of 0.35%; technical signal: Hold. Whether Lam Research is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Lam Research stock?
The outlook for Lam Research based on current data: the average analyst price target is $368.13 (+19.0%); the P/E ratio is 54.8 (high – the market expects growth). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Lam Research stock moving?
Lam Research is stable right now. The technical indicators show: the price is close to the 20-day average; insiders have mostly been selling the stock recently. For the latest context, see our technical analysis, insider section and news overview above.
How high can Lam Research go?
The average analyst price target for Lam Research is $368.13, which corresponds to a potential gain of 19.0% from the current price of $309.43. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Lam Research fall?
We lack enough history to give a specific floor for Lam Research. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Lam Research do?
Lam Research Corporation, eller lrcx.us, laver udstyr til produktion af mikrochips. De sælger, reparerer og servicerer maskiner, som bruges, når man fremstiller integrerede kredsløb. De tjener altså penge på at levere den teknologi, chipproducenterne skal bruge. Virksomheden ... The company belongs to the Teknologi sector, more specifically the Semiconductor Equipment & Materials industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Lam Research as an investment.
Did Lam Research raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Lam Research. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is Lam Research making money or losing money?
Yes, Lam Research is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 31.3% — which is excellent. The operating margin (profit before interest and taxes) is 37.4%. At a P/E ratio of 54.8, you currently pay 54.8 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can Lam Research go bankrupt?
The bankruptcy risk of Lam Research is rated as low. Altman Z2 (a model for assessing financial distress) is 6.24 — that places the company in the healthy zone. The company has a healthy balance sheet with limited debt relative to earnings and assets. The Piotroski score (financial health 0-9, higher is better) is 8 — which is strong. Debt relative to equity is 116% (moderate). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Lam Research have a lot of debt?
Lam Research has moderate debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 116%. For the teknologi sector, 80-150% counts as a typical level. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.