Lam Research (NASDAQ:LRCX) Stock Price Expected to Rise, Sanford C. Bernstein Analyst Says

Lam Research (NASDAQ:LRCX) had its target price hoisted by Sanford C. Bernstein from $285.00 to $325.00 in a report released on Thursday,MarketScreener reports. The firm presently has an “outperform” rating on the semiconductor company’s stock. Sanford C. Bernstein’s target price would suggest a potential upside of 22.74% from the company’s previous close.

A number of other research analysts have also weighed in on the company. HSBC lifted their target price on shares of Lam Research from $181.00 to $221.00 and gave the stock a “hold” rating in a research note on Friday, January 30th. Zacks Research lowered Lam Research from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Rothschild & Co Redburn raised their price objective on shares of Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Susquehanna increased their price target on Lam Research from $325.00 to $350.00 and gave the stock a “positive” rating in a report on Thursday, April 9th. Finally, Bank of America raised their price objective on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $272.73.

Lam Research Price Performance

Shares of LRCX opened at $264.79 on Thursday. The stock has a market capitalization of $330.67 billion, a PE ratio of 54.26, a PEG ratio of 2.75 and a beta of 1.78. The company has a 50 day moving average price of $233.80 and a 200-day moving average price of $196.58. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. Lam Research has a fifty-two week low of $67.55 and a fifty-two week high of $273.50.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.11. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The business had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.70 billion. During the same quarter last year, the firm earned $1.04 EPS. The business’s revenue for the quarter was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities analysts predict that Lam Research will post 5.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Ava Harter sold 1,500 shares of the 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 completion of the sale, the insider directly owned 53,205 shares of the company’s stock, valued at approximately $11,846,625.30. This represents a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the sale, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. This trade represents a 4.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 130,886 shares of company stock valued at $29,658,802. 0.31% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Lam Research

Hedge funds have recently bought and sold shares of the company. PMV Capital Advisers LLC purchased a new position in shares of Lam Research in the fourth quarter valued at $25,000. Stance Capital LLC acquired a new stake in shares of Lam Research during the 3rd quarter worth about $26,000. Bayban acquired a new stake in shares of Lam Research during the fourth quarter worth $26,000. Vermillion Wealth Management Inc. purchased a new stake in shares of Lam Research in the first quarter valued at $26,000. Finally, Triumph Capital Management purchased a new position in Lam Research during the third quarter worth about $27,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

More Lam Research News

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

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.