Lam Research (NASDAQ:LRCX) Given New $280.00 Price Target at Stifel Nicolaus

Lam Research (NASDAQ:LRCX) had its price objective hoisted by equities research analysts at Stifel Nicolaus from $250.00 to $280.00 in a report released on Thursday,MarketScreener reports. The brokerage presently has a “buy” rating on the semiconductor company’s stock. Stifel Nicolaus’ price objective would indicate a potential upside of 14.97% from the stock’s current price.

A number of other equities research analysts have also recently commented on LRCX. Deutsche Bank Aktiengesellschaft upped their target price on shares of Lam Research from $260.00 to $290.00 and gave the company a “buy” rating in a report on Thursday. Wall Street Zen downgraded Lam Research from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Sanford C. Bernstein set a $275.00 target price on Lam Research in a research note on Thursday. Morgan Stanley set a $211.00 price objective on shares of Lam Research in a research note on Thursday, January 15th. Finally, Bank of America increased their target price on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $226.39.

Lam Research Stock Up 1.7%

LRCX traded up $3.96 on Thursday, reaching $243.54. The company’s stock had a trading volume of 3,004,561 shares, compared to its average volume of 13,232,577. The company has a market capitalization of $305.90 billion, a price-to-earnings ratio of 53.79, a P/E/G ratio of 3.01 and a beta of 1.77. Lam Research has a fifty-two week low of $56.32 and a fifty-two week high of $251.38. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37. The stock has a 50 day moving average of $183.31 and a two-hundred day moving average of $144.37.

Lam Research (NASDAQ:LRCX) last announced its quarterly 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. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The firm had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the previous year, the company earned $0.91 earnings per share. Lam Research’s quarterly revenue 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. As a group, analysts forecast that Lam Research will post 3.71 EPS for the current fiscal year.

Insider Activity

In other Lam Research news, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $150.60, for a total value of $6,036,048.00. Following the completion of the sale, the chief financial officer owned 987,237 shares of the company’s stock, valued at $148,677,892.20. This trade represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction on 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 transaction, 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. Insiders sold 41,408 shares of company stock valued at $6,248,501 in the last ninety days. Company insiders own 0.31% of the company’s stock.

Institutional Investors Weigh In On Lam Research

Several hedge funds and other institutional investors have recently bought and sold shares of LRCX. Sava Infond d.o.o. grew its position in shares of Lam Research by 3.1% during the 2nd quarter. Sava Infond d.o.o. now owns 75,250 shares of the semiconductor company’s stock worth $7,325,000 after buying an additional 2,250 shares during the period. First Citizens Bank & Trust Co. increased its stake in Lam Research by 8.0% in the third quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock valued at $18,804,000 after purchasing an additional 10,408 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in Lam Research by 30.9% in the third quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock worth $19,369,000 after purchasing an additional 34,147 shares during the period. Horizon Bancorp Inc. IN acquired a new position in shares of Lam Research in the 2nd quarter valued at $389,000. Finally, Truist Financial Corp increased its position in shares of Lam Research by 119.6% in the 3rd quarter. Truist Financial Corp now owns 1,676,637 shares of the semiconductor company’s stock valued at $224,502,000 after buying an additional 913,009 shares in the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Lam Research News Summary

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

• Positive Sentiment: Q2 results beat across the board — Lam reported $1.27 EPS on $5.34B revenue, beating estimates and showing 22% y/y revenue growth; management gave Q3 EPS guidance of $1.25–1.45 and revenue above Street expectations, underpinning the rally. Reuters: Lam Research forecasts strong quarterly results on chipmaking tool demand
• Positive Sentiment: Analysts are upgrading and lifting targets — Needham bumped its target to $300 (Buy), TD Cowen raised its target to $290 (Buy), Summit Insights upgraded to Buy and other shops (Stifel, Evercore) have raised targets — reinforcing upside expectations. (See Benzinga / firm notes for specific upgrades.) Benzinga: Analyst coverage
• Positive Sentiment: Market commentary highlights structural demand drivers — coverage notes Lam is benefiting from AI-led content gains, expanding foundry and NAND investments, and tight supply for its tools. These secular drivers support higher bookings and revenue visibility. InsiderMonkey: Lam Research poised to benefit
• Positive Sentiment: Positive media reaction to earnings — outlets like Barron’s and Zacks called the quarter “extraordinarily bullish” or highlighted the beat, which can attract momentum and fund flows into LRCX. Barron’s: Why earnings were bullish
• Neutral Sentiment: Earnings materials and call transcript are available for detail — investors can review the press release, slide deck and call transcript for bookings, customer cadence and regional commentary. Lam press release/slide deck Call transcript
• Neutral Sentiment: Price action and valuation are mixed — LRCX has rallied strongly over the past year, and some reports simply note new 12‑month highs and upgrades without deeper risk analysis. AmericanBankingNews: Analyst-driven move
• Negative Sentiment: Valuation and pullback risk flagged — commentary warns the stock’s rapid run-up increases vulnerability to large corrections and raises questions about whether current multiples fully reflect the recovery. Forbes: Valuation/reality-check piece
• Negative Sentiment: Geopolitical/regional risk remains — coverage notes China-related demand and policy dynamics could weigh on the outlook or produce volatility even amid strong AI-driven demand. MSN: China risks

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.