UBS Group Forecasts Strong Price Appreciation for Lam Research (NASDAQ:LRCX) Stock

Lam Research (NASDAQ:LRCX) had its price objective hoisted by research analysts at UBS Group from $255.00 to $275.00 in a report released on Thursday,Benzinga reports. The firm presently has a “buy” rating on the semiconductor company’s stock. UBS Group’s target price points to a potential upside of 13.36% from the company’s current price.

Several other analysts have also recently issued reports on the company. Jefferies Financial Group restated a “buy” rating and set a $200.00 price objective (up previously from $175.00) on shares of Lam Research in a research note on Monday, December 15th. BNP Paribas Exane lifted their price objective on shares of Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, October 23rd. The Goldman Sachs Group set a $262.00 price target on Lam Research in a research note on Thursday. Wall Street Zen cut Lam Research from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Mizuho set a $265.00 price objective on shares of Lam Research in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $233.49.

Lam Research Trading Up 1.3%

Shares of LRCX traded up $3.02 during mid-day trading on Thursday, hitting $242.60. The company had a trading volume of 8,068,551 shares, compared to its average volume of 13,463,196. The stock has a market cap of $304.71 billion, a PE ratio of 53.55, a P/E/G ratio of 3.01 and a beta of 1.77. 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 business’s 50-day simple moving average is $183.31 and its 200-day simple moving average is $144.37. Lam Research has a 1-year low of $56.32 and a 1-year high of $251.38.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.10. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The company had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the previous year, the firm earned $0.91 earnings per share. Lam Research’s revenue for the quarter was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Sell-side analysts forecast that Lam Research will post 3.71 earnings per share for the current year.

Insider Buying and Selling at Lam Research

In related news, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction dated Friday, November 14th. The stock was 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 approximately $148,677,892.20. This trade represents a 3.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Bethany Mayer sold 1,298 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total value of $207,667.02. Following the completion of the transaction, the director directly owned 1,652 shares of the company’s stock, valued at $264,303.48. The trade was a 44.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 41,408 shares of company stock valued at $6,248,501. 0.31% of the stock is owned by corporate insiders.

Institutional Trading of Lam Research

A number of hedge funds have recently bought and sold shares of the company. Traphagen Investment Advisors LLC grew its stake in shares of Lam Research by 2.4% during the fourth quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock valued at $336,000 after buying an additional 46 shares during the last quarter. Field & Main Bank grew its position in Lam Research by 1.1% during the 4th quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company’s stock worth $790,000 after acquiring an additional 50 shares during the last quarter. Capital Advisors Ltd. LLC increased its stake in Lam Research by 1.1% in the 4th quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company’s stock worth $795,000 after purchasing an additional 51 shares during the period. Global Financial Private Client LLC boosted its stake in shares of Lam Research by 0.5% during the fourth quarter. Global Financial Private Client LLC now owns 11,037 shares of the semiconductor company’s stock valued at $1,889,000 after purchasing an additional 52 shares during the period. Finally, WealthCollab LLC grew its holdings in shares of Lam Research by 29.3% in the fourth quarter. WealthCollab LLC now owns 243 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 55 shares during the last quarter. Institutional investors own 84.61% of the company’s stock.

Trending Headlines about Lam Research

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

• Positive Sentiment: Q2 results beat consensus: Lam reported $1.27 EPS vs. $1.17 expected and revenue of $5.34B (up ~22% Y/Y); management set Q3 EPS guidance above consensus and guided revenue above Street expectations — the core driver of the rally. Read More.
• Positive Sentiment: Analysts raise targets and upgrade ratings after the beat and strong outlook — multiple firms (Wells Fargo, Deutsche, Needham, TD Cowen, Stifel, Summit Insights) lifted price targets and/or ratings, signaling consensus bullishness on near?term demand and AI-related content gains. Read More.
• Positive Sentiment: Market commentary frames the quarter as “extraordinarily bullish” (Barron’s) and media/TV pundits highlight tight demand for Lam’s tools, supporting a durable demand narrative tied to AI, foundry and NAND investment cycles. Read More.
• Neutral Sentiment: Deeper metric checks and transcript coverage are available for investors who want drill?down detail on bookings, customer mix and margins — useful for confirming whether the beat is broad?based or concentrated in specific product lines. Read More.
• Negative Sentiment: Valuation and pullback risk: some analysts and outlets warn LRCX’s rapid run (shares well above prior levels) raises valuation questions and increases susceptibility to sharp corrections if execution or demand softens. Read More.
• Negative Sentiment: Geopolitical/China exposure flagged as a watch item — China demand and supply?chain/regulatory dynamics could temper upside or add volatility to future quarters. Read More.

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.