Lam Research (NASDAQ:LRCX) Stock Price Expected to Rise, UBS Group Analyst Says

Lam Research (NASDAQ:LRCX) had its target price boosted by research analysts at UBS Group from $255.00 to $275.00 in a report released on Thursday, MarketBeat reports. The brokerage currently has a “buy” rating on the semiconductor company’s stock. UBS Group’s price objective would indicate a potential upside of 17.79% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. Cantor Fitzgerald reiterated an “overweight” rating and issued a $320.00 price objective (up previously from $265.00) on shares of Lam Research in a research note on Thursday. Barclays set a $250.00 target price on Lam Research in a research report on Thursday. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Lam Research from $260.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday. Wall Street Zen downgraded shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Evercore ISI set a $275.00 target price on Lam Research in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Lam Research currently has an average rating of “Moderate Buy” and a consensus price target of $238.32.

Lam Research Stock Performance

Shares of LRCX stock opened at $233.46 on Thursday. The firm has a 50 day moving average of $187.29 and a two-hundred day moving average of $146.02. The stock has a market capitalization of $293.23 billion, a PE ratio of 47.84, a P/E/G ratio of 3.05 and a beta of 1.77. The company has a quick ratio of 1.60, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. Lam Research has a 52 week low of $56.32 and a 52 week high of $251.87.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The business had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.23 billion. During the same period last year, the firm earned $0.91 earnings per share. The company’s revenue for the quarter was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, research analysts predict that Lam Research will post 3.71 EPS for the current fiscal year.

Insider Transactions at Lam Research

In related news, CFO Douglas R. Bettinger sold 40,080 shares of the company’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the transaction, the chief financial officer owned 987,237 shares of the company’s stock, valued at $148,677,892.20. This represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Bethany Mayer sold 1,298 shares of the firm’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total value of $207,667.02. Following the completion of the sale, the director directly owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. This trade represents a 44.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 41,408 shares of company stock valued at $6,248,501. 0.31% of the stock is owned by insiders.

Institutional Trading of Lam Research

Institutional investors have recently added to or reduced their stakes in the stock. Sigma Planning Corp grew its position in Lam Research by 26.1% during the fourth quarter. Sigma Planning Corp now owns 26,233 shares of the semiconductor company’s stock worth $4,513,000 after buying an additional 5,424 shares during the period. New York State Teachers Retirement System grew its holdings in shares of Lam Research by 0.7% in the 4th quarter. New York State Teachers Retirement System now owns 1,074,442 shares of the semiconductor company’s stock worth $183,923,000 after acquiring an additional 6,996 shares during the period. North Star Investment Management Corp. raised its holdings in Lam Research by 30.0% during the fourth quarter. North Star Investment Management Corp. now owns 334 shares of the semiconductor company’s stock worth $57,000 after purchasing an additional 77 shares during the last quarter. Activest Wealth Management boosted its position in Lam Research by 123.7% during the fourth quarter. Activest Wealth Management now owns 1,568 shares of the semiconductor company’s stock worth $268,000 after purchasing an additional 867 shares in the last quarter. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of Lam Research in the fourth quarter valued at $88,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Multiple major brokers sharply raised targets (many to $275–$300), signaling broad analyst bullishness after the quarter and suggesting upside versus earlier prices. These Analysts Boost Their Forecasts On Lam Research Following Strong Q2 Results
• Positive Sentiment: JPMorgan and Citigroup raised targets to $300 (overweight/buy), and firms including Needham, TD Cowen, Wells Fargo, Deutsche and Stifel also lifted targets — a strong institutional vote of confidence for continued AI/foundry-driven demand. Analyst target increases (Benzinga)
• Positive Sentiment: Lam beat Q2 estimates (EPS $1.27 vs. $1.17 est.; revenue $5.34B vs. $5.23B) and issued Q3 EPS guidance of $1.25–$1.45 and revenue above consensus — concrete operational drivers behind analyst upgrades. Lam Research Q2 Earnings Surpass Expectations, Revenues Rise Y/Y
• Neutral Sentiment: New Street Research raised its target to $235 but kept a neutral rating, reflecting near-term upside limited relative to recent price strength. New Street adjusts price target on Lam Research to $235
• Negative Sentiment: HSBC raised its target to $221 but maintained a “hold,” which implies downside from recent levels and highlights some analyst caution despite better results. HSBC adjusts price target on Lam Research to $221
• Negative Sentiment: Coverage notes flag valuation concerns after a large run (high P/E and steep analyst target dispersion), which may limit further upside and explains some profit‑taking. Lam Research Earnings Beat Highlights AI Demand But Raises Valuation Questions

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.