Lam Research (NASDAQ:LRCX) Given New $330.00 Price Target at Bank of America

Lam Research (NASDAQ:LRCX) had its price target boosted by Bank of America from $285.00 to $330.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the semiconductor company’s stock. Bank of America‘s target price would suggest a potential upside of 24.63% from the company’s current price.

A number of other research firms also recently commented on LRCX. Oppenheimer reiterated an “outperform” rating and issued a $265.00 target price on shares of Lam Research in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $300.00 target price on shares of Lam Research in a report on Wednesday, April 15th. Sanford C. Bernstein raised their price objective on Lam Research from $285.00 to $325.00 and gave the stock an “outperform” rating in a research note on Thursday. Citic Securities boosted their price objective on Lam Research from $165.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Finally, B. Riley Financial restated a “buy” rating on shares of Lam Research in a research report on Monday. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $272.73.

Lam Research Trading Down 0.3%

Shares of Lam Research stock opened at $264.79 on Thursday. The business has a fifty day simple moving average of $233.80 and a 200-day simple moving average of $196.58. Lam Research has a fifty-two week low of $67.55 and a fifty-two week high of $273.50. The firm has a market cap of $330.67 billion, a price-to-earnings ratio of 54.26, a price-to-earnings-growth ratio of 2.75 and a beta of 1.78. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. During the same period in the previous year, the company earned $1.04 earnings per share. Lam Research’s revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, equities analysts forecast that Lam Research will post 5.3 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Douglas R. Bettinger sold 50,057 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the transaction, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. This represents a 4.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Eric Brandt sold 35,000 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the completion of the sale, the director owned 253,705 shares of the company’s stock, valued at $57,235,848. This represents a 12.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 130,886 shares of company stock valued at $29,658,802 in the last three months. Insiders own 0.31% of the company’s stock.

Institutional Investors Weigh In On Lam Research

Large investors have recently added to or reduced their stakes in the stock. PMV Capital Advisers LLC bought a new stake in Lam Research during the fourth quarter valued at about $25,000. Stance Capital LLC bought a new stake in Lam Research during the 3rd quarter valued at approximately $26,000. Bayban acquired a new stake in Lam Research in the 4th quarter valued at approximately $26,000. Vermillion Wealth Management Inc. acquired a new stake in Lam Research in the 1st quarter valued at approximately $26,000. Finally, Triumph Capital Management bought a new position in Lam Research in the 3rd quarter worth approximately $27,000. 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: Lam reported fiscal Q3 results above estimates — $1.47 non-GAAP EPS vs. $1.36 consensus and $5.84B revenue (up 23.8% YoY). The release highlights record revenue and improved margins that underpinned the rally. PR Newswire
• Positive Sentiment: Management raised FYQ4 guidance: EPS $1.50–1.80 and revenue guidance midpoint (~$6.6B) came in above street expectations, signaling continued WFE strength. That upside to guidance is a primary driver of the rally. MarketBeat — Earnings
• Positive Sentiment: AI-driven chip demand is cited repeatedly as the demand engine — analysts and press note expanding spending on AI logic and memory fabs is lifting orders and margins for Lam’s etch/dep tools. Globe and Mail — Deep Dive
• Positive Sentiment: Wall Street raised targets and reiterated buys after the beat — examples include Needham ($300), BofA ($330) and TD Cowen ($340) — adding momentum as analysts push valuation higher. TipRanks — Ratings
• Neutral Sentiment: The company’s earnings call transcript and slide deck are available for investors digging into product-level demand, backlog and capex cadence. Seeking Alpha — Call Transcript
• Neutral Sentiment: Lam is named as a supplier for large-scale projects (e.g., Tesla Terafab), which supports long-duration revenue potential but requires execution and timelines to play out. Barchart — Terafab
• Negative Sentiment: Some commentators warn LRCX faces an earnings “test” after a sharp pre-report rally; elevated valuation metrics (P/E >50) mean expectations are high and leave limited room for disappointment. Seeking Alpha — Caution

About Lam Research

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.