Lam Research (NASDAQ:LRCX) Stock Price Expected to Rise, New Street Research Analyst Says

Lam Research (NASDAQ:LRCX) had its target price hoisted by equities research analysts at New Street Research from $140.00 to $235.00 in a report issued on Tuesday,MarketScreener reports. The brokerage presently has a “neutral” rating on the semiconductor company’s stock. New Street Research’s target price indicates a potential upside of 5.85% from the company’s current price.

LRCX has been the subject of a number of other research reports. Jefferies Financial Group reissued a “buy” rating and set a $200.00 target price (up from $175.00) on shares of Lam Research in a research note on Monday, December 15th. HSBC upped their price target on shares of Lam Research from $181.00 to $221.00 and gave the company a “hold” rating in a research report on Friday, January 30th. TD Cowen increased their price target on Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Mizuho set a $265.00 price objective on Lam Research in a research report on Wednesday, January 28th. Finally, Barclays boosted their price objective on Lam Research from $250.00 to $255.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $245.35.

Lam Research Price Performance

Lam Research stock opened at $222.01 on Tuesday. The stock’s 50 day moving average is $227.05 and its 200 day moving average is $183.95. Lam Research has a one year low of $56.32 and a one year high of $256.68. The firm has a market cap of $277.24 billion, a P/E ratio of 45.49, a P/E/G ratio of 2.30 and a beta of 1.78. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61.

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

Insider Activity at Lam Research

In other Lam Research news, Director Eric Brandt sold 35,000 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the completion of the sale, the director owned 253,705 shares of the company’s stock, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Ava Harter sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total value of $333,990.00. Following the transaction, the insider directly owned 53,205 shares in the company, valued at $11,846,625.30. The trade was a 2.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 130,886 shares of company stock valued at $29,658,802 in the last three months. Corporate insiders own 0.31% of the company’s stock.

Institutional Trading of Lam Research

Hedge funds and other institutional investors have recently bought and sold shares of the business. PMV Capital Advisers LLC bought a new stake in shares of Lam Research during the fourth quarter worth about $25,000. Bayban bought a new position in Lam Research in the 4th quarter valued at about $26,000. Mcguire Capital Advisors Inc. bought a new position in Lam Research in the 4th quarter valued at about $27,000. Core Wealth Advisors LLC acquired a new position in Lam Research during the 4th quarter valued at about $29,000. Finally, University of Illinois Foundation bought a new stake in Lam Research during the 4th quarter worth approximately $30,000. Institutional investors own 84.61% of the company’s stock.

More Lam Research News

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

• Positive Sentiment: Q4 / recent results and demand signal continued strength — coverage notes that Lam’s Q4 showed robust revenue growth and margin expansion, supporting the view that AI-driven capex is lifting order activity. Strong Demand Lifted Lam Research Corporation (LRCX) in Q4
• Positive Sentiment: Analyst price-target bump — New Street raised its price target from $140 to $235 (while keeping a neutral rating), signaling more upside to consensus valuation assumptions and helping sentiment around the stock. New Street Adjusts Price Target on Lam Research
• Positive Sentiment: Industry AI tailwinds — sector pieces highlight broad AI-driven demand for memory and wafer fab equipment, which supports long-term secular growth for suppliers like Lam. Investors are treating Lam as a prime beneficiary of increased fab capex. Lam Research Corporation (LRCX): Billionaire Ray Dalio Trims Stake in Chip Stock
• Positive Sentiment: Bullish research/features — multiple pieces (Zacks, Seeking Alpha, MSN) reiterate Lam as a long-term pick given market position, improving operating metrics, and exposure to AI and foundry spending. Why Lam Research (LRCX) is a top stock for the long term
• Neutral Sentiment: Upcoming earnings call — Lam scheduled its March-quarter conference call for April 22; this will be the next formal catalyst where management can update demand visibility and guidance. Lam Research Announces March Quarter Financial Conference Call
• Neutral Sentiment: Company profile / coverage roundup — general profiles and previews are circulating; useful for context but less likely to move the stock absent new data. Lam Research Corporation — CNN Markets
• Negative Sentiment: Institutional trimming — Bridgewater/Ray Dalio’s fund trimmed a previously disclosed position, which can weigh on sentiment when a well-known investor reduces exposure. Lam Research Corporation (LRCX): Billionaire Ray Dalio Trims Stake in Chip Stock
• Negative Sentiment: Supply-chain risk — reporting on a possible Middle East-related helium shortage highlights a non-demand operational risk that could constrain equipment throughput or service for certain tools. Middle East Helium Shock Puts Lam Research Supply Chain In Focus

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.