Lam Research (NASDAQ:LRCX) Trading Up 4.6% Following Analyst Upgrade

Lam Research Corporation (NASDAQ:LRCX) rose 4.6% during trading on Friday 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 $173.58 and last traded at $172.27. Approximately 38,075,867 shares changed hands during trading, an increase of 222% from the average daily volume of 11,833,610 shares. The stock had previously closed at $164.70.

Several other equities research analysts also recently commented on LRCX. Citigroup upped their price target on shares of Lam Research from $175.00 to $190.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $200.00 target price (up previously from $175.00) on shares of Lam Research in a research report on Monday. Stifel Nicolaus set a $160.00 price target on Lam Research and gave the company a “buy” rating in a report on Thursday, October 23rd. B. Riley increased their price objective on Lam Research from $180.00 to $195.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Dbs Bank lifted their target price on Lam Research from $119.40 to $184.20 in a research note on Monday, October 27th. Twenty-six analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $160.37.

Insider Transactions at Lam Research

In other Lam Research news, insider Ava Harter sold 9,010 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the completion of the sale, the insider directly owned 56,786 shares of the company’s stock, valued at $8,942,091.42. The trade was a 13.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 transaction of $7,249,191.00. Following the transaction, the senior vice president owned 251,047 shares in the company, valued at approximately $34,870,428.30. This trade represents a 17.21% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 102,608 shares of company stock worth $14,916,496. 0.31% of the stock is owned by corporate insiders.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Three firms turning bullish helped trigger a sharp intraday rally in LRCX as analysts and shops increased conviction around 2026 demand and equipment spending. Lam Research (LRCX) surges 6.27% as 3 firms turn bullish
• Positive Sentiment: Deutsche Bank raised its price target to $195 and reiterated a buy rating, adding institutional weight to the bullish case and signaling ~13% upside vs. recent levels. Deutsche Bank adjusts price target on Lam Research to $195
• Positive Sentiment: Mizuho hiked its price target to $200 (from $170) and kept an outperform stance, reinforcing expectations for stronger revenue and margin leverage in 2026. Lam Research price target raised to $200 from $170 at Mizuho
• Positive Sentiment: B. Riley raised its target to $195 and maintained a buy rating, contributing to the cluster of analyst upgrades that are supporting the move higher. B. Riley adjusts price target on Lam Research to $195
• Positive Sentiment: Investor’s Business Daily highlighted LRCX as a top stock of the day and noted all‑time highs on expanding 2026 prospects, which can attract momentum traders and growth investors. Lam Research, IBD stock of the day, hits all-time high on 2026 prospects
• Positive Sentiment: Technical indicators flashed bullish: Zacks notes a “golden cross” (shorter moving average crossing above longer) and a break above the 20‑day MA—signals that often draw technical buyers. Lam Research (LRCX) Just Flashed Golden Cross Signal: Do You Buy?
• Neutral Sentiment: Forbes provided a broader take on the stock’s move, summarizing catalysts and valuation considerations—useful context but not new transactional news. What’s Happening With Lam Research Stock?
• Neutral Sentiment: A ratings roundup shows price forecasts ranging roughly $175–$210, reflecting differing analyst timeframes and assumptions—supports debate over upside but isn’t a direct catalyst. A Quick Look at Today’s Ratings for Lam Research (LRCX.US)
• Neutral Sentiment: Lam announced winners of its collegiate challenge (corporate outreach/PR) — positive for brand/CSR but unlikely to move the stock materially. Lam Research Announces Winners of Annual Collegiate Challenge

Institutional Trading of Lam Research

Institutional investors and hedge funds have recently made changes to their positions in the stock. Gilliland Jeter Wealth Management LLC boosted its stake in Lam Research by 0.3% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 26,501 shares of the semiconductor company’s stock valued at $3,548,000 after acquiring an additional 69 shares during the period. Gold Investment Management Ltd. raised its position in shares of Lam Research by 0.5% during the 3rd quarter. Gold Investment Management Ltd. now owns 14,736 shares of the semiconductor company’s stock worth $1,973,000 after purchasing an additional 70 shares during the period. Hemington Wealth Management boosted its position in Lam Research by 4.3% during the 3rd quarter. Hemington Wealth Management now owns 1,731 shares of the semiconductor company’s stock valued at $231,000 after purchasing an additional 72 shares during the period. Magnus Financial Group LLC grew its stake in Lam Research by 0.3% during the 3rd quarter. Magnus Financial Group LLC now owns 22,838 shares of the semiconductor company’s stock worth $3,058,000 after buying an additional 76 shares during the last quarter. Finally, Addison Advisors LLC increased its position in Lam Research by 2.8% in the third quarter. Addison Advisors LLC now owns 2,857 shares of the semiconductor company’s stock worth $383,000 after buying an additional 77 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Trading Up 4.6%

The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60. The firm’s fifty day moving average price is $154.01 and its 200-day moving average price is $122.18. The company has a market cap of $216.38 billion, a price-to-earnings ratio of 37.95, a P/E/G ratio of 1.59 and a beta of 1.77.

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

Lam Research Dividend Announcement

The firm 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. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, December 3rd. Lam Research’s dividend payout ratio (DPR) 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.