Lam Research (NASDAQ:LRCX) Stock Price Expected to Rise, Bank of America Analyst Says

Lam Research (NASDAQ:LRCX) had its price objective increased by Bank of America from $330.00 to $480.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the semiconductor company’s stock. Bank of America‘s price objective indicates a potential upside of 17.20% from the company’s current price.

LRCX has been the topic of a number of other research reports. JPMorgan Chase & Co. lifted their target price on shares of Lam Research from $300.00 to $315.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Stifel Nicolaus boosted their price objective on shares of Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. New Street Research upped their price objective on shares of Lam Research from $235.00 to $280.00 and gave the company a “neutral” rating in a research note on Monday, April 27th. The Goldman Sachs Group reissued a “buy” rating and issued a $290.00 target price on shares of Lam Research in a research note on Thursday, April 23rd. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $450.00 price target (up from $365.00) on shares of Lam Research in a research report on Monday. Twenty-eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $334.43.

Lam Research Price Performance

Shares of Lam Research stock opened at $409.54 on Tuesday. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $512.16 billion, a PE ratio of 77.27, a price-to-earnings-growth ratio of 3.21 and a beta of 1.85. The business’s 50-day moving average price is $304.76 and its 200-day moving average price is $243.95. Lam Research has a 12 month low of $90.29 and a 12 month high of $409.75.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.11. The business had revenue of $5.84 billion during the quarter, compared to analyst estimates of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.Lam Research’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Sell-side analysts forecast that Lam Research will post 5.7 EPS for the current fiscal year.

Insider Buying and Selling

In other Lam Research news, Director Eric Brandt sold 54,500 shares of Lam Research stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $350.80, for a total value of $19,118,600.00. Following the completion of the sale, the director owned 199,205 shares of the company’s stock, valued at approximately $69,881,114. The trade was a 21.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $309.60, for a total value of $2,371,226.40. Following the completion of the transaction, the senior vice president owned 58,470 shares in the company, valued at approximately $18,102,312. This trade represents a 11.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 86,339 shares of company stock worth $27,680,267. 0.31% of the stock is owned by insiders.

Institutional Trading of Lam Research

Institutional investors and hedge funds have recently modified their holdings of the company. Fideuram Asset Management Ireland dac purchased a new position in Lam Research in the 4th quarter worth approximately $10,035,000. Generali Investments Management Co LLC grew its position in shares of Lam Research by 62.0% in the fourth quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company’s stock valued at $6,209,000 after purchasing an additional 13,878 shares in the last quarter. Thoroughbred Financial Services LLC increased its holdings in shares of Lam Research by 115.2% in the third quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock valued at $2,972,000 after purchasing an additional 11,883 shares during the last quarter. Hillsdale Investment Management Inc. acquired a new stake in shares of Lam Research in the third quarter valued at approximately $1,229,000. Finally, Whalen Wealth Management Inc. purchased a new position in Lam Research during the fourth quarter worth approximately $1,423,000. 84.61% of the stock is currently owned by institutional investors.

More Lam Research News

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

• Positive Sentiment: UBS and Cantor Fitzgerald both raised their price targets on Lam Research, with UBS lifting its target to $375 and Cantor boosting its target to $425 while keeping bullish ratings. Why Analysts See More Upside for Lam Research (LRCX)
• Positive Sentiment: Several reports highlighted Lam Research as a key AI infrastructure and AI memory stock, arguing that demand tied to AI spending, memory, packaging, and wafer fabrication equipment could keep growth strong. Lam Research Stock Is Up 114% So Far in 2026. This AI Infrastructure Stock Is Far From Finished.
• Positive Sentiment: Coverage from The Globe and Mail and Seeking Alpha noted that analysts remain bullish on Lam Research, reinforcing the view that the company’s earnings and revenue momentum may continue. Analysts Are Bullish on These Technology Stocks: Lam Research (LRCX), Grab (GRAB)
• Neutral Sentiment: Lam Research has already had a massive rally this year, so some investors may be weighing whether the valuation has gotten stretched even as the growth story remains intact. Lam Research (LRCX) Is Up 6.1% After AI-Fueled Beat And Raised Chip-Equipment Outlook
• Negative Sentiment: Some commentary also pointed to valuation concerns and China export risk as potential headwinds that could limit upside if semiconductor demand cools or geopolitical pressure increases. Lam Research (LRCX) Is Up 6.1% After AI-Fueled Beat And Raised Chip-Equipment Outlook

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.