Lam Research (NASDAQ:LRCX) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Lam Research (NASDAQ:LRCX) had its target price hoisted by stock analysts at Deutsche Bank Aktiengesellschaft from $260.00 to $290.00 in a note issued to investors on Thursday,MarketScreener reports. The brokerage presently has a “buy” rating on the semiconductor company’s stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 18.60% from the stock’s previous close.

A number of other equities analysts have also recently issued reports on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Lam Research in a research note on Monday, December 29th. Wells Fargo & Company set a $250.00 price target on Lam Research and gave the stock an “overweight” rating in a research report on Thursday, January 15th. The Goldman Sachs Group set a $262.00 price objective on Lam Research in a report on Thursday. Berenberg Bank raised their target price on Lam Research from $122.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, Morgan Stanley set a $211.00 price target on shares of Lam Research in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $226.39.

Lam Research Trading Up 2.1%

LRCX stock traded up $4.94 during trading on Thursday, hitting $244.52. The company had a trading volume of 3,004,561 shares, compared to its average volume of 13,232,577. The stock has a market cap of $307.12 billion, a price-to-earnings ratio of 53.79, a PEG ratio of 3.01 and a beta of 1.77. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average price of $183.31 and a 200-day moving average price of $144.37. Lam Research has a 12 month low of $56.32 and a 12 month high of $251.38.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.10. The business had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The firm’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, analysts predict that Lam Research will post 3.71 earnings per share for the current year.

Insider Activity at Lam Research

In other Lam Research news, Director Bethany Mayer sold 1,298 shares of Lam Research stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total value of $207,667.02. Following the sale, the director directly owned 1,652 shares in the company, valued at approximately $264,303.48. The trade was a 44.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $150.60, for a total value of $6,036,048.00. Following the completion of the sale, the chief financial officer directly owned 987,237 shares in the company, valued at approximately $148,677,892.20. This represents a 3.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 41,408 shares of company stock valued at $6,248,501 over the last ninety days. Company insiders own 0.31% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Klingman & Associates LLC grew its stake in shares of Lam Research by 7.7% in the fourth quarter. Klingman & Associates LLC now owns 2,550 shares of the semiconductor company’s stock valued at $437,000 after buying an additional 183 shares in the last quarter. Concurrent Investment Advisors LLC grew its holdings in Lam Research by 396.0% during the fourth quarter. Concurrent Investment Advisors LLC now owns 77,735 shares of the semiconductor company’s stock worth $13,307,000 after purchasing an additional 62,062 shares during the period. Generali Investments Management Co LLC grew its holdings in Lam Research by 62.0% during the fourth quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company’s stock worth $6,209,000 after purchasing an additional 13,878 shares during the period. Calamos Wealth Management LLC increased its position in Lam Research by 56.4% during the fourth quarter. Calamos Wealth Management LLC now owns 46,392 shares of the semiconductor company’s stock worth $7,941,000 after buying an additional 16,724 shares during the last quarter. Finally, Calamos Advisors LLC lifted its position in shares of Lam Research by 8.9% in the fourth quarter. Calamos Advisors LLC now owns 366,417 shares of the semiconductor company’s stock valued at $62,723,000 after buying an additional 29,989 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Q2 results beat across the board — Lam reported $1.27 EPS on $5.34B revenue, beating estimates and showing 22% y/y revenue growth; management gave Q3 EPS guidance of $1.25–1.45 and revenue above Street expectations, underpinning the rally. Reuters: Lam Research forecasts strong quarterly results on chipmaking tool demand
• Positive Sentiment: Analysts are upgrading and lifting targets — Needham bumped its target to $300 (Buy), TD Cowen raised its target to $290 (Buy), Summit Insights upgraded to Buy and other shops (Stifel, Evercore) have raised targets — reinforcing upside expectations. (See Benzinga / firm notes for specific upgrades.) Benzinga: Analyst coverage
• Positive Sentiment: Market commentary highlights structural demand drivers — coverage notes Lam is benefiting from AI-led content gains, expanding foundry and NAND investments, and tight supply for its tools. These secular drivers support higher bookings and revenue visibility. InsiderMonkey: Lam Research poised to benefit
• Positive Sentiment: Positive media reaction to earnings — outlets like Barron’s and Zacks called the quarter “extraordinarily bullish” or highlighted the beat, which can attract momentum and fund flows into LRCX. Barron’s: Why earnings were bullish
• Neutral Sentiment: Earnings materials and call transcript are available for detail — investors can review the press release, slide deck and call transcript for bookings, customer cadence and regional commentary. Lam press release/slide deck Call transcript
• Neutral Sentiment: Price action and valuation are mixed — LRCX has rallied strongly over the past year, and some reports simply note new 12‑month highs and upgrades without deeper risk analysis. AmericanBankingNews: Analyst-driven move
• Negative Sentiment: Valuation and pullback risk flagged — commentary warns the stock’s rapid run-up increases vulnerability to large corrections and raises questions about whether current multiples fully reflect the recovery. Forbes: Valuation/reality-check piece
• Negative Sentiment: Geopolitical/regional risk remains — coverage notes China-related demand and policy dynamics could weigh on the outlook or produce volatility even amid strong AI-driven demand. MSN: China risks

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.