Lam Research (NASDAQ:LRCX) Stock Price Expected to Rise, Citic Securities Analyst Says

Lam Research (NASDAQ:LRCX) had its price objective hoisted by Citic Securities from $165.00 to $275.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The brokerage presently has a “buy” rating on the semiconductor company’s stock. Citic Securities’ price objective points to a potential upside of 10.81% from the stock’s previous close.

Several other analysts also recently issued reports on LRCX. New Street Research upped their price target on Lam Research from $140.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday, January 22nd. Barclays set a $250.00 target price on shares of Lam Research in a research note on Thursday. UBS Group set a $300.00 price target on shares of Lam Research in a research report on Thursday. Cantor Fitzgerald reiterated an “overweight” rating and issued a $320.00 target price (up previously from $265.00) on shares of Lam Research in a research note on Thursday. Finally, Berenberg Bank upped their price target on Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Lam Research has a consensus rating of “Moderate Buy” and an average target price of $238.32.

Lam Research Stock Performance

Lam Research stock opened at $248.17 on Friday. The firm has a market capitalization of $311.71 billion, a P/E ratio of 50.85, a PEG ratio of 3.03 and a beta of 1.77. Lam Research has a 52 week low of $56.32 and a 52 week high of $251.38. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. The stock has a fifty day moving average price of $185.48 and a 200 day moving average price of $145.09.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 63.28%. The business had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter in the prior year, the firm earned $0.91 EPS. The firm’s quarterly revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities research analysts anticipate that Lam Research will post 3.71 earnings per share for the current year.

Insider Activity at Lam Research

In other Lam Research news, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total transaction of $207,667.02. Following the transaction, the director owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. This represents a 44.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction 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 directly 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 41,408 shares of company stock valued at $6,248,501 in the last 90 days. 0.31% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Lam Research

Several large investors have recently bought and sold shares of the business. PMV Capital Advisers LLC acquired a new position in shares of Lam Research in the 4th quarter valued at $25,000. Stance Capital LLC bought a new position in Lam Research during the third quarter worth about $26,000. Triumph Capital Management bought a new position in Lam Research during the third quarter worth about $27,000. Harbor Investment Advisory LLC grew its position in shares of Lam Research by 73.9% during the 4th quarter. Harbor Investment Advisory LLC now owns 240 shares of the semiconductor company’s stock worth $41,000 after buying an additional 102 shares during the period. Finally, WealthCollab LLC increased its stake in shares of Lam Research by 29.3% in the 4th quarter. WealthCollab LLC now owns 243 shares of the semiconductor company’s stock valued at $42,000 after acquiring an additional 55 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

More Lam Research News

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

• Positive Sentiment: Q2 results beat and upbeat Q3 guide — Lam reported $1.27 EPS vs. $1.17 est. and $5.34B revenue vs. $5.23B est.; management guided Q3 EPS to $1.25–1.45 and raised revenue outlook, supporting stronger near-term demand visibility. Lam Research Corporation Reports Financial Results for the Quarter Ended December 28, 2025
• Positive Sentiment: Large wave of analyst upgrades/target raises following the print — multiple firms (JPMorgan, Citigroup, Needham, UBS, Wells Fargo, Deutsche Bank, Stifel, TD Cowen and others) lifted targets and ratings, boosting investor confidence in the growth outlook. These Analysts Boost Their Forecasts On Lam Research Following Strong Q2 Results
• Positive Sentiment: AI-driven demand and capacity expansion underpin revenue momentum — reporting and coverage highlight rising orders for tools used in advanced foundry and NAND, and management commentary points to continued customer investment. LRCX Q4 Deep Dive: AI-Driven Demand Accelerates Revenue, Manufacturing Expansion Underway
• Neutral Sentiment: Some analysts tempered enthusiasm — Morgan Stanley raised its target to $244 but kept an equal‑weight rating, indicating mixed near-term upside from current levels. Lam Research (NASDAQ:LRCX) Price Target Raised to $244.00 at Morgan Stanley
• Negative Sentiment: Valuation and historical volatility are concerns — coverage warns LRCX trades at a rich multiple and has experienced sharp corrections in prior years, which could amplify downside if growth expectations slip. Why Record Highs For LRCX Stock May Face A Reality Check In 2026

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.