Stifel Nicolaus Raises Lam Research (NASDAQ:LRCX) Price Target to $280.00

Lam Research (NASDAQ:LRCX) had its price target increased by Stifel Nicolaus from $250.00 to $280.00 in a report released on Thursday, Marketbeat.com reports. The firm currently has a “buy” rating on the semiconductor company’s stock. Stifel Nicolaus’ target price would indicate a potential upside of 19.93% from the company’s current price.

A number of other analysts have also weighed in on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Lam Research in a research note on Monday, December 29th. Oppenheimer reaffirmed an “outperform” rating and set a $265.00 price target on shares of Lam Research in a research note on Thursday. The Goldman Sachs Group set a $262.00 price objective on Lam Research and gave the stock a “buy” rating in a research note on Thursday. Zacks Research upgraded Lam Research from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. Finally, Berenberg Bank lifted their target price on Lam Research from $122.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $238.32.

Lam Research Stock Down 5.9%

Shares of Lam Research stock opened at $233.46 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.60. Lam Research has a 1-year low of $56.32 and a 1-year high of $251.87. The business’s fifty day moving average price is $187.29 and its two-hundred day moving average price is $146.02. The company has a market capitalization of $293.23 billion, a P/E ratio of 47.84, a PEG ratio of 3.05 and a beta of 1.77.

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

Insider Activity at Lam Research

In related news, Director Bethany Mayer sold 1,298 shares of the firm’s stock in a transaction that occurred 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 transaction, the director 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. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction that occurred 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 in the company, valued at approximately $148,677,892.20. The trade was a 3.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 Investors Weigh In On Lam Research

A number of institutional investors have recently bought and sold shares of the business. Brighton Jones LLC lifted its position in shares of Lam Research by 1,032.4% in the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after purchasing an additional 12,936 shares in the last quarter. Caxton Associates LLP acquired a new position in Lam Research in the 1st quarter valued at approximately $239,000. Truist Financial Corp lifted its position in Lam Research by 93.9% in the 2nd quarter. Truist Financial Corp now owns 763,628 shares of the semiconductor company’s stock worth $74,332,000 after buying an additional 369,789 shares in the last quarter. LBP AM SA lifted its position in Lam Research by 203.4% in the 2nd quarter. LBP AM SA now owns 23,237 shares of the semiconductor company’s stock worth $2,262,000 after buying an additional 15,577 shares in the last quarter. Finally, Impact Capital Partners LLC acquired a new stake in shares of Lam Research during the 2nd quarter valued at $289,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Key Lam Research News

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.