Lam Research (NASDAQ:LRCX) Trading 5% Higher Following Analyst Upgrade

Lam Research Corporation (NASDAQ:LRCX)’s share price rose 5% on Thursday after Susquehanna raised their price target on the stock from $325.00 to $350.00. Susquehanna currently has a positive rating on the stock. Lam Research traded as high as $259.00 and last traded at $258.76. Approximately 9,622,473 shares changed hands during trading, a decline of 17% from the average daily volume of 11,650,621 shares. The stock had previously closed at $246.49.

Other equities analysts have also issued reports about the company. Citigroup lifted their price objective on Lam Research from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Stifel Nicolaus upped their price target on Lam Research from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Needham & Company LLC increased their price objective on Lam Research from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. B. Riley Financial restated a “buy” rating on shares of Lam Research in a research note on Thursday, January 15th. Finally, Sanford C. Bernstein boosted their target price on shares of Lam Research from $275.00 to $285.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $246.32.

Insider Activity at Lam Research

In related news, insider Ava Harter sold 4,000 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $232.50, for a total value of $930,000.00. Following the completion of the transaction, the insider directly owned 54,705 shares of the company’s stock, valued at $12,718,912.50. This trade represents a 6.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction on Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the sale, the director owned 253,705 shares in the company, valued at $57,235,848. This represents a 12.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is owned by corporate insiders.

Key Lam Research News

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

• Positive Sentiment: Susquehanna raised its price target to $350 (from $325) and kept a “positive” rating, signaling continued analyst conviction and a sizeable upside to the current share price — a clear catalyst for buyer interest. Read More.
• Positive Sentiment: Recent quarterly results remain a tailwind: Lam’s fiscal Q2 beat expectations (revenue ~$5.34B, EPS beat) and management gave Q3 EPS guidance (1.25–1.45), supporting the bull case for continued margin and revenue strength amid AI demand. Read More.
• Positive Sentiment: Management reiterated AI-driven growth and operational strengths at the Cantor Fitzgerald conference, reinforcing investor confidence in secular demand for deposition/etch tools used in advanced AI chips. Read More.
• Neutral Sentiment: Momentum and valuation stories are attracting attention — multiple write-ups are re‑rating LRCX amid a sharp multi-month rally, prompting investor debate over stretched multiples vs. durable growth. Read More.
• Neutral Sentiment: Broader semiconductor/tech strength (Nasdaq rebound) is lifting peers and helping LRCX, so some of the upside reflects sector flows rather than company-specific news. Read More.
• Neutral Sentiment: Ongoing analyst activity: multiple firms have issued buy/outperform ratings and price targets (range and median noted by data providers), which supports liquidity and investor interest but also implies sensitivity to future guidance. Read More.
• Negative Sentiment: Zacks downgraded LRCX from “strong-buy” to “hold,” highlighting that some sell‑side voices are worried valuation may be getting ahead of near‑term fundamentals. Read More.
• Negative Sentiment: Significant insider selling has been reported across several executives (multiple open‑market sales), which investors often view as a modest negative signal on near‑term conviction even if sales are for diversification or tax reasons. Read More.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LRCX. PMV Capital Advisers LLC bought a new stake in shares of Lam Research in the 4th quarter valued at approximately $25,000. Bayban bought a new position in shares of Lam Research during the 4th quarter worth approximately $26,000. Mcguire Capital Advisors Inc. bought a new position in shares of Lam Research during the 4th quarter worth approximately $27,000. Core Wealth Advisors LLC acquired a new stake in Lam Research in the 4th quarter valued at $29,000. Finally, University of Illinois Foundation bought a new stake in Lam Research in the fourth quarter valued at $30,000. Institutional investors own 84.61% of the company’s stock.

Lam Research Stock Up 5.0%

The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. The business has a 50-day simple moving average of $226.83 and a two-hundred day simple moving average of $187.54. The stock has a market capitalization of $323.13 billion, a P/E ratio of 53.02, a PEG ratio of 2.35 and a beta of 1.78.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The company had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same period last year, the business earned $0.91 earnings per share. The business’s revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities research analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, March 4th. Lam Research’s dividend payout ratio (DPR) is currently 21.31%.

Lam Research Company Profile

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.