Lam Research (NASDAQ:LRCX) Trading Up 1.6% on Analyst Upgrade

Lam Research Corporation (NASDAQ:LRCX)’s share price rose 1.6% during mid-day trading on Monday after Deutsche Bank Aktiengesellschaft raised their price target on the stock from $160.00 to $195.00. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Lam Research traded as high as $175.96 and last traded at $175.0970. Approximately 10,882,680 shares traded hands during trading, a decline of 8% from the average daily volume of 11,846,676 shares. The stock had previously closed at $172.27.

Other equities analysts have also recently issued reports about the company. Mizuho raised their target price on Lam Research from $170.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, December 17th. Berenberg Bank upped their target price on shares of Lam Research from $122.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Evercore ISI boosted their price target on shares of Lam Research from $115.00 to $170.00 and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. Cowen restated a “buy” rating on shares of Lam Research in a report on Thursday, October 23rd. Finally, HSBC set a $127.00 price objective on Lam Research and gave the company a “hold” rating in a research note on Tuesday, September 30th. Twenty-six investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $160.37.

Insider Buying and Selling

In other Lam Research news, Director Bethany Mayer sold 1,298 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total transaction of $207,667.02. Following the completion of the sale, the director directly owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. This trade represents a 44.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Vahid Vahedi sold 52,190 shares of the stock in a transaction on Monday, October 13th. The stock was sold at an average price of $138.90, for a total value of $7,249,191.00. Following the sale, the senior vice president directly owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. This represents a 17.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 102,608 shares of company stock worth $14,916,496. Insiders own 0.31% of the company’s stock.

More Lam Research News

Here are the key news stories impacting Lam Research this week:

• Positive Sentiment: Deutsche Bank raised its price target on LRCX to $195, reinforcing analyst conviction and supporting the rally. Deutsche Bank Raises Price Target to $195
• Positive Sentiment: An analyst upgrade pushed Lam to a new one‑year / record high, a technical signal that can attract momentum buying. Lam Research Sets New 1-Year High After Analyst Upgrade
• Positive Sentiment: Zacks and other outlets point to AI-driven chip demand boosting shipments, margins and 2026 prospects — a fundamental growth story that underpins higher valuation multiples. Lam Research Hits 52-Week High
• Positive Sentiment: Zacks published bullish fundamental analysis (“3 reasons to think yes”) highlighting above‑average financial growth — supportive for medium‑term earnings expectations. Is Lam Research a Solid Growth Stock?
• Positive Sentiment: Investors Business Daily/Investors.com named LRCX a notable outperformer (IBD Stock of the Day), which can drive retail and institutional interest. IBD Stock Of The Day Hits All-Time High
• Neutral Sentiment: Brokers and sell‑side coverage remain active; media summaries note analysts’ ratings influence flows but do not report fresh downgrades. Brokers Suggest Investing in Lam Research
• Neutral Sentiment: General share‑price reporting pages and peripheral comparisons (e.g., a Mobix Labs vs. Lam survey) are being published but add little new fundamental information. Lam Research Share Price (Economic Times)
• Negative Sentiment: Options market shows elevated bearish positioning: unusually large put volume (≈46,914 puts, ~44% above average) suggests hedging or increased short/bear bets that could cap near‑term upside or increase volatility.
• Negative Sentiment: Some analysts caution the recent run‑up may not immediately translate into further gains—investors should watch earnings/guidance cadence and supply‑chain dynamics. Lam Research Surges 4.6%—Caution Noted

Hedge Funds Weigh In On Lam Research

A number of large investors have recently made changes to their positions in LRCX. Brighton Jones LLC lifted its position in shares of Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after acquiring an additional 12,936 shares during the period. Algert Global LLC boosted its position in Lam Research by 149.6% during the first quarter. Algert Global LLC now owns 8,210 shares of the semiconductor company’s stock worth $597,000 after purchasing an additional 4,921 shares in the last quarter. CW Advisors LLC increased its position in shares of Lam Research by 152.1% in the first quarter. CW Advisors LLC now owns 26,910 shares of the semiconductor company’s stock valued at $1,986,000 after buying an additional 16,235 shares in the last quarter. Compound Planning Inc. raised its stake in shares of Lam Research by 49.1% during the 1st quarter. Compound Planning Inc. now owns 13,496 shares of the semiconductor company’s stock worth $981,000 after buying an additional 4,447 shares during the last quarter. Finally, AlphaQuest LLC boosted its position in shares of Lam Research by 238.1% in the 1st quarter. AlphaQuest LLC now owns 14,720 shares of the semiconductor company’s stock worth $1,070,000 after buying an additional 10,366 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Stock Performance

The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $219.93 billion, a price-to-earnings ratio of 38.57, a PEG ratio of 1.77 and a beta of 1.77. The stock’s 50 day moving average is $154.83 and its 200 day moving average is $123.35.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The business had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same period last year, the company posted $0.86 EPS. The company’s revenue was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.6%. Lam Research’s payout ratio is 22.91%.

About Lam Research

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.

Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.