B. Riley Increases Lam Research (NASDAQ:LRCX) Price Target to $175.00

Lam Research (NASDAQ:LRCX) had its price objective boosted by investment analysts at B. Riley from $160.00 to $175.00 in a report released on Monday,MarketScreener reports. The brokerage presently has a “buy” rating on the semiconductor company’s stock. B. Riley’s price target indicates a potential upside of 20.66% from the company’s previous close. B. Riley also issued estimates for Lam Research’s Q1 2027 earnings at $1.09 EPS, Q2 2027 earnings at $1.13 EPS, Q3 2027 earnings at $1.14 EPS, Q4 2027 earnings at $1.23 EPS and FY2027 earnings at $4.59 EPS.

Several other equities analysts have also recently weighed in on the company. Hsbc Global Res upgraded Lam Research to a “hold” rating in a report on Tuesday, September 30th. Cantor Fitzgerald lifted their price objective on Lam Research from $155.00 to $170.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. The Goldman Sachs Group lifted their price objective on Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Morgan Stanley set a $125.00 price objective on Lam Research and gave the company an “equal weight” rating in a report on Monday, September 22nd. Finally, UBS Group lifted their price objective on Lam Research from $95.00 to $120.00 and gave the company a “buy” rating in a report on Monday, July 21st. Twenty-three analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $128.04.

Lam Research Price Performance

Lam Research stock opened at $145.04 on Monday. The firm has a market capitalization of $182.90 billion, a P/E ratio of 34.87, a PEG ratio of 1.75 and a beta of 1.84. Lam Research has a 1 year low of $56.32 and a 1 year high of $153.70. The business has a 50-day moving average of $120.69 and a 200-day moving average of $98.08. The company has a current ratio of 2.21, a quick ratio of 1.55 and a debt-to-equity ratio of 0.38.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.12. The company had revenue of $5.17 billion during the quarter, compared to analyst estimates of $4.99 billion. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The company’s revenue for the quarter was up 33.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, equities analysts anticipate that Lam Research will post 3.71 EPS for the current year.

Insider Activity

In other news, SVP Vahid Vahedi sold 52,190 shares of the company’s stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the sale, the senior vice president owned 251,047 shares in the company, valued at $34,870,428.30. This represents a 17.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.31% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Lam Research

Institutional investors and hedge funds have recently made changes to their positions in the stock. Empowered Funds LLC raised its stake in shares of Lam Research by 10.5% during the 1st quarter. Empowered Funds LLC now owns 187,472 shares of the semiconductor company’s stock worth $13,629,000 after purchasing an additional 17,833 shares in the last quarter. Pinnacle Financial Partners Inc bought a new stake in shares of Lam Research during the 1st quarter worth approximately $201,000. Cookson Peirce & Co. Inc. bought a new stake in shares of Lam Research during the 1st quarter worth approximately $607,000. China Universal Asset Management Co. Ltd. increased its holdings in shares of Lam Research by 27.1% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 49,505 shares of the semiconductor company’s stock worth $3,607,000 after acquiring an additional 10,565 shares during the last quarter. Finally, Glass Wealth Management Co LLC raised its stake in Lam Research by 8.5% in the 2nd quarter. Glass Wealth Management Co LLC now owns 28,870 shares of the semiconductor company’s stock valued at $2,810,000 after acquiring an additional 2,270 shares during the period. Institutional investors own 84.61% of the company’s stock.

About Lam Research

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.