Lam Research (NASDAQ:LRCX) Trading 1.9% Higher After Analyst Upgrade

Shares of Lam Research Corporation (NASDAQ:LRCX) traded up 1.9% during mid-day trading on Friday 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 $268.23 and last traded at $263.66. 9,088,957 shares were traded during trading, a decline of 22% from the average session volume of 11,619,970 shares. The stock had previously closed at $258.76.

Other equities research analysts also recently issued research reports about the stock. Sanford C. Bernstein boosted their price objective on shares of Lam Research from $275.00 to $285.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. Rothschild & Co Redburn upped their target price on shares of Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Wells Fargo & Company upped their target price on shares of Lam Research from $250.00 to $290.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Zacks Research downgraded shares of Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $320.00 target price (up from $265.00) on shares of Lam Research in a report on Thursday, January 29th. Twenty-seven analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $246.32.

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 on 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 owned 1,081,705 shares in the company, valued at $242,334,371.15. The trade was a 4.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ava Harter sold 1,500 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total transaction of $333,990.00. Following the completion of the sale, the insider owned 53,205 shares in the company, valued at approximately $11,846,625.30. The trade was a 2.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 130,886 shares of company stock worth $29,658,802 in the last 90 days. 0.31% of the stock is currently owned by corporate insiders.

Lam Research News Roundup

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

• Positive Sentiment: Susquehanna raised its price target on LRCX to $350 (from $325) and kept a “positive” rating, signaling strong analyst conviction and implying roughly ~32.8% upside from the cited reference price — a catalyst that can drive buying interest. MarketScreener
• Positive Sentiment: 24/7 Wall St. published a bullish target of $253.16 on LRCX (14.7% upside vs. its reference price), citing strong earnings growth — another favorable independent valuation backing the recent rally. 24/7 Wall St. Article
• Positive Sentiment: Coverage noting an analyst upgrade (reported by AmericanBankingNews/Benzinga) has already coincided with intraday gains, reinforcing momentum as investors re-rate Lam on better-than-expected results and outlook trends. AmericanBankingNews
• Neutral Sentiment: A Yahoo Finance piece examines Lam’s valuation after recent share-price momentum, prompting investors to reassess whether the current multiple fairly reflects continued growth — relevant for longer-term position sizing. Yahoo Finance
• Negative Sentiment: Broader-market weakness linked to fading optimism over a U.S.–Iran ceasefire could pressure cyclical names, including semiconductor equipment suppliers like Lam, if risk-off flows intensify. Barchart

Institutional Trading of Lam Research

Several hedge funds have recently bought and sold shares of the stock. J. Derek Lewis & Associates Inc. purchased a new stake in Lam Research in the 4th quarter worth $230,000. World Investment Advisors increased its holdings in shares of Lam Research by 33.7% in the 4th quarter. World Investment Advisors now owns 16,208 shares of the semiconductor company’s stock worth $2,774,000 after buying an additional 4,086 shares during the last quarter. Meadowbrook Advisors Group LLC purchased a new stake in shares of Lam Research during the 4th quarter valued at about $496,000. DUTCH ASSET Corp purchased a new stake in shares of Lam Research during the 4th quarter valued at about $598,000. Finally, Larry Mathis Financial Planning LLC bought a new position in shares of Lam Research in the 4th quarter valued at about $386,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Trading Up 1.9%

The stock has a market cap of $329.25 billion, a P/E ratio of 54.03, a P/E/G ratio of 2.76 and a beta of 1.78. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. The stock’s fifty day moving average is $227.64 and its 200 day moving average is $188.95.

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

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Investors 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 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.