Deutsche Bank lifts Lam Research price target ahead of Q1 2027 earnings
Deutsche Bank raised its price target on Lam Research to $375 from $320 and kept a Buy rating. The upgrade helped the stock climb about 4% as investors look to the company’s fiscal first‑quarter 2027 results. Analysts expect the quarter to show strong revenue and earnings growth, with particular focus on gross margins and market‑share gains. The bank highlighted Lam’s positioning in memory and foundry capacity expansion through 2028.
Why it matters
Deutsche Bank’s higher target implies a potential upside of roughly 46% from the current price, according to the analyst’s note (2). The price‑target lift may attract buying interest ahead of the earnings release.
Key facts
- 1Deutsche Bank raised its price target on Lam Research to $375 from $320. tipranks.com
- 2Lam Research shares rose about 4% ahead of its fiscal Q1 2027 earnings. finance.yahoo.com
- 3In the prior quarter, Lam reported revenue of $5.32 billion and EPS of $1.26. finance.yahoo.com
Open questions
- Revenue forecast for Q1 2027: $8.14 billion vs $8.13 billion.
- Adjusted EPS forecast for Q1 2027: $2.18 per share vs $2.28 per share.
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.