Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Lam Research (NASDAQ:LRCX) Stock Price

Lam Research (NASDAQ:LRCX) had its target price increased by Deutsche Bank Aktiengesellschaft from $300.00 to $325.00 in a research note published on Thursday,MarketScreener reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the semiconductor company’s stock.

A number of other equities research analysts have also recently issued reports on LRCX. Oppenheimer reiterated an “outperform” rating and issued a $330.00 target price on shares of Lam Research in a research note on Thursday. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 price objective on shares of Lam Research in a report on Thursday. Jefferies Financial Group upped their price objective on shares of Lam Research from $285.00 to $315.00 and gave the stock a “buy” rating in a report on Thursday. Weiss Ratings restated a “buy (b-)” rating on shares of Lam Research in a research report on Friday, April 10th. Finally, Rothschild & Co Redburn boosted their price target on shares of Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Twenty-six analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $283.65.

Lam Research Stock Performance

LRCX stock traded up $8.63 during mid-day trading on Thursday, reaching $267.19. The company had a trading volume of 2,534,134 shares, compared to its average volume of 11,189,568. 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 stock has a market capitalization of $333.65 billion, a P/E ratio of 50.80, a P/E/G ratio of 2.83 and a beta of 1.78. Lam Research has a one year low of $68.53 and a one year high of $275.84. The stock’s 50-day simple moving average is $234.34 and its two-hundred day simple moving average is $197.02.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a return on equity of 67.07% and a net margin of 30.94%.The firm’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same period last year, the business posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Research analysts anticipate that Lam Research will post 5.29 EPS for the current year.

Lam Research Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th were given a $0.26 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $1.04 annualized dividend and a yield of 0.4%. Lam Research’s payout ratio is 21.31%.

Insiders Place Their Bets

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the sale, the chief financial officer directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Eric Brandt sold 35,000 shares of the business’s stock in a transaction dated 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 completion of the sale, the director owned 253,705 shares in the company, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Lam Research

Several hedge funds and other institutional investors have recently bought and sold shares of LRCX. Brighton Jones LLC increased its stake in Lam Research by 1,032.4% in the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after purchasing an additional 12,936 shares in the last quarter. Caxton Associates LLP purchased a new position in Lam Research in the 1st quarter worth about $239,000. Gabelli Funds LLC purchased a new position in Lam Research in the 2nd quarter worth about $253,000. NewEdge Advisors LLC increased its stake in Lam Research by 2.7% in the 2nd quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock worth $9,785,000 after purchasing an additional 2,661 shares in the last quarter. Finally, Osterweis Capital Management Inc. increased its stake in Lam Research by 5,206.7% in the 2nd quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock worth $77,000 after purchasing an additional 781 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors.

Trending Headlines about Lam Research

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

• Positive Sentiment: Q3 results beat and management raised Q4 guidance — Lam posted $1.47 EPS on $5.84B revenue (beats) and issued Q4 EPS guidance of $1.50–1.80 with revenue guidance above consensus; the print and outlook underpin the rally. Press Release / Slide Deck
• Positive Sentiment: AI demand driving revenue and margin expansion — Company commentary and analyst notes point to record support sales and strong AI-driven wafer fab equipment demand boosting near-term revenues and margins. Yahoo: Sales surprise & AI demand
• Positive Sentiment: Broad analyst upgrades and big price-target hikes — Multiple firms (TD Cowen, Berenberg, Susquehanna, Jefferies, Mizuho, Bank of America, Wells Fargo, etc.) raised targets and reiterated Buy/Outperform ratings, signaling higher consensus expectations for multi-year WFE (wafer fab equipment) demand. InsiderMonkey: Analyst raises roundup
• Positive Sentiment: JPMorgan and other flagship calls highlight a sustained supercycle — JPMorgan raised its target to $315 and argues the report resets the multi-year WFE framework, supporting further upside. 247WallSt: JPMorgan $315 target
• Neutral Sentiment: Market coverage and earnings-call transcripts available for deeper due diligence — Investors can review the call transcript and slide deck to assess demand sustainability, book-to-bill, and inventory commentary. Seeking Alpha: Earnings transcript
• Neutral Sentiment: Coverage asking if the rally leaves little upside — Several articles question valuation after a large one‑year run and suggest investors weigh future growth vs. rich multiples. Yahoo: Is it too late after 300% surge?
• Negative Sentiment: Valuation concerns flagged by some analysts/commentators — Commentary warns the AI upcycle is real but that the stock’s steep run-up makes it expensive relative to forward multiples, which could cap near-term gains if growth slows. Seeking Alpha: Valuation critique
• Neutral Sentiment: Short-term news flow: trading headlines and summaries — Markets reported the stock trading up after the beat; daily moves will likely track further flow of orders, analyst reactions and any update to supply-chain or backlog commentary. AmericanBankingNews: Trading headlines

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.