Lam Research (NASDAQ:LRCX) Sets New 52-Week High Following Analyst Upgrade

Shares of Lam Research Corporation (NASDAQ:LRCX) hit a new 52-week high on Tuesday after Evercore ISI raised their price target on the stock from $170.00 to $241.00. Evercore ISI currently has an outperform rating on the stock. Lam Research traded as high as $236.31 and last traded at $236.5240, with a volume of 2097043 shares trading hands. The stock had previously closed at $222.87.

Other equities analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $260.00 price objective (up previously from $195.00) on shares of Lam Research in a research note on Wednesday, January 21st. Needham & Company LLC reissued a “buy” rating and set a $250.00 price target (up previously from $160.00) on shares of Lam Research in a research note on Tuesday, January 20th. Stifel Nicolaus raised their price objective on Lam Research from $160.00 to $250.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Barclays set a $195.00 target price on Lam Research in a research note on Thursday, January 15th. Finally, JPMorgan Chase & Co. increased their target price on Lam Research from $113.00 to $165.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $202.81.

Insider Buying and Selling

In other Lam Research news, Director Bethany Mayer sold 1,298 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were 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 in the company, valued at $264,303.48. The trade was a 44.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Douglas R. Bettinger sold 40,080 shares of the firm’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the transaction, 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. Over the last ninety days, insiders have sold 41,408 shares of company stock worth $6,248,501. 0.31% of the stock is currently owned by corporate insiders.

More Lam Research News

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

• Positive Sentiment: Evercore ISI raised its price target sharply to $241 and kept an “outperform” rating, giving formal analyst backing that likely supported buying interest. Evercore ISI adjusts price target on Lam Research to $241 from $170; maintains outperform rating
• Positive Sentiment: Analyst commentary (Zacks) highlights AI-driven foundry demand lifting Lam’s Systems revenues in Q2, with strong traction for advanced etch and deposition tools—an operational tailwind for near-term sales and margins. AI-Driven Foundry Demand Likely to Boost LRCX’s Systems Revenues in Q2
• Positive Sentiment: MarketBeat analysis ranks Lam among top equipment names for 2026, noting high-margin recurring revenue and recent strong top-line growth—this narrative supports investor appetite amid the AI chip cycle. Which Semiconductor Equipment Stock Has More Upside in 2026? (LRCX)
• Neutral Sentiment: Lam appeared on Benzinga’s list of names trending among investors today, indicating heightened attention and volume but not necessarily a directional fundamental change. Seagate Technology, Texas Instruments, Richtech Robotics, Corning And Lam Research: Why These 5 Stocks Are On Investors’ Radars Today
• Negative Sentiment: MSN coverage flags that China-related headwinds could weigh on Lam’s outlook—geopolitical or market softness in China remains a downside risk that could temper future guidance or order patterns. Lam Research leans on AI tailwinds as China weighs on outlook

Institutional Investors Weigh In On Lam Research

A number of large investors have recently modified their holdings of LRCX. Sava Infond d.o.o. raised its stake in shares of Lam Research by 3.1% during the second quarter. Sava Infond d.o.o. now owns 75,250 shares of the semiconductor company’s stock worth $7,325,000 after buying an additional 2,250 shares during the last quarter. First Citizens Bank & Trust Co. lifted its stake in shares of Lam Research by 8.0% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock valued at $18,804,000 after purchasing an additional 10,408 shares during the period. Oregon Public Employees Retirement Fund boosted its position in shares of Lam Research by 30.9% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock worth $19,369,000 after purchasing an additional 34,147 shares during the last quarter. Horizon Bancorp Inc. IN acquired a new stake in shares of Lam Research during the second quarter worth $389,000. Finally, Diversified Trust Co increased its holdings in Lam Research by 34.4% in the third quarter. Diversified Trust Co now owns 31,922 shares of the semiconductor company’s stock valued at $4,274,000 after purchasing an additional 8,172 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Stock Up 7.0%

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 stock has a market cap of $299.51 billion, a price-to-earnings ratio of 52.52, a price-to-earnings-growth ratio of 2.82 and a beta of 1.77. The firm has a 50 day simple moving average of $181.49 and a two-hundred day simple moving average of $143.70.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd were given a $0.26 dividend. The ex-dividend date was Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Lam Research’s dividend payout ratio is currently 22.91%.

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.