Lam Research (NASDAQ:LRCX) Stock Price Expected to Rise, Rothschild & Co Redburn Analyst Says

Lam Research (NASDAQ:LRCX) had its target price hoisted by stock analysts at Rothschild & Co Redburn from $150.00 to $225.00 in a report issued on Tuesday,MarketScreener reports. The firm currently has a “buy” rating on the semiconductor company’s stock. Rothschild & Co Redburn’s target price suggests a potential upside of 3.46% from the stock’s current price.

A number of other brokerages have also weighed in on LRCX. JPMorgan Chase & Co. upped their target price on shares of Lam Research from $113.00 to $165.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. HSBC set a $127.00 price objective on Lam Research and gave the stock a “hold” rating in a report on Tuesday, September 30th. New Street Research upped their price target on Lam Research from $105.00 to $140.00 and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $265.00 price target (up from $210.00) on shares of Lam Research in a research note on Thursday, January 8th. Finally, B. Riley reissued a “buy” rating on shares of Lam Research in a research report on Thursday. Twenty-eight analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $189.55.

Lam Research Stock Up 4.2%

Shares of NASDAQ LRCX traded up $8.68 during mid-day trading on Tuesday, reaching $217.47. 15,235,002 shares of the company’s stock were exchanged, compared to its average volume of 14,970,488. Lam Research has a twelve month low of $56.32 and a twelve month high of $229.57. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $273.15 billion, a price-to-earnings ratio of 47.90, a PEG ratio of 2.47 and a beta of 1.77. The business has a fifty day simple moving average of $169.22 and a 200 day simple moving average of $135.54.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the prior year, the business earned $0.86 EPS. Lam Research’s revenue for the quarter was up 27.7% compared to the same quarter last year. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, equities analysts expect that Lam Research will post 3.71 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the sale, the insider directly owned 56,786 shares of the company’s stock, valued at approximately $8,942,091.42. This represents a 13.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bethany Mayer sold 1,298 shares of the firm’s stock in a transaction dated 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 owned 1,652 shares of the company’s stock, valued at $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 50,418 shares of company stock valued at $7,667,305. 0.31% of the stock is currently owned by corporate insiders.

Institutional Trading of Lam Research

Several institutional investors and hedge funds have recently bought and sold shares of LRCX. Norges Bank bought a new position in Lam Research during the second quarter worth about $1,894,585,000. Arrowstreet Capital Limited Partnership grew its position in shares of Lam Research by 781.3% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock worth $1,518,542,000 after purchasing an additional 10,053,978 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Lam Research by 14.4% during the second quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock worth $3,954,188,000 after purchasing an additional 5,102,589 shares during the period. Invesco Ltd. raised its position in shares of Lam Research by 18.2% in the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after buying an additional 3,263,658 shares in the last quarter. Finally, Nordea Investment Management AB raised its position in shares of Lam Research by 34.1% in the second quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock valued at $1,029,210,000 after buying an additional 2,692,189 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Trending Headlines about Lam Research

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

• Positive Sentiment: Seeking Alpha upgraded LRCX to a Buy, citing a WFE “supercycle” that lifts wafer-fab spending forecasts and drives higher sales, margins and raised EBITDA/FCF estimates; the author sets a base-case price target of $246.84. Lam Research: Why The WFE Supercycle Changes The Valuation (Rating Upgrade)
• Positive Sentiment: Stifel raised its price target sharply (reported move to $250) and projects WFE spending growth of up to ~10–15% in 2026, supporting a stronger demand outlook for equipment suppliers like Lam. LRCX: Price Target Raised by Stifel
• Positive Sentiment: Bank of America boosted its Lam Research price target to $245, adding another major shop to the list of higher valuations that are supporting the rally. Bank of America Increases Lam Research Price Target
• Positive Sentiment: Barron’s and market coverage point to heavy TSMC/foundry spending as a sector-level catalyst boosting ASML, Lam and Applied Materials — a clear demand tailwind for equipment makers. ASML, Lam Research, Applied Materials Surge
• Positive Sentiment: Benzinga and other outlets note today’s rally is being driven by bullish analyst actions (Outperform/Buy calls) and sustained earnings outlook strength. Why Is Lam Research Stock Soaring Thursday?
• Positive Sentiment: Flows and momentum are piling into LRCX (large inflows noted since September), which amplifies price moves on positive news. See How Bullish Inflows Boost Lam Research
• Neutral Sentiment: Zacks and other outlets profile LRCX as a strong momentum candidate and summarize analyst optimism — useful context for investors but not new fundamental news. What Makes Lam Research a Strong Momentum Stock
• Neutral Sentiment: Reporting on short-term volatility: LRCX recently had a larger intraday dip versus the broader market — a reminder of the stock’s higher beta. Lam Research Sees a More Significant Dip Than Broader Market
• Negative Sentiment: Zacks flags a risk: Lam expects China revenue to fall below 30% in 2026 as export curbs bite — a potential headwind if the company cannot offset that with non‑China AI-related demand. Will LRCX’s China Revenue Drop Below 30% Hurt 2026 Growth 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.