Stifel Nicolaus Boosts Lam Research (NASDAQ:LRCX) Price Target to $250.00

Lam Research (NASDAQ:LRCX) had its price objective hoisted by investment analysts at Stifel Nicolaus from $160.00 to $250.00 in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. The firm currently has a “buy” rating on the semiconductor company’s stock. Stifel Nicolaus’ price objective indicates a potential upside of 14.96% from the stock’s previous close.

A number of other brokerages also recently commented on LRCX. HSBC set a $127.00 target price on shares of Lam Research and gave the stock a “hold” rating in a research note on Tuesday, September 30th. Deutsche Bank Aktiengesellschaft upped their price objective on Lam Research from $160.00 to $195.00 and gave the company a “buy” rating in a report on Friday, December 19th. Dbs Bank increased their price objective on Lam Research from $119.40 to $184.20 in a research report on Monday, October 27th. Evercore ISI lifted their target price on Lam Research from $115.00 to $170.00 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Finally, Susquehanna reaffirmed a “positive” rating and issued a $250.00 price target on shares of Lam Research in a research note on Monday. Twenty-eight equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, Lam Research presently has an average rating of “Moderate Buy” and a consensus target price of $189.55.

Lam Research Stock Performance

Shares of Lam Research stock opened at $217.47 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. The business’s 50 day moving average price is $170.33 and its 200 day moving average price is $136.11. The company has a market cap of $273.15 billion, a price-to-earnings ratio of 47.90, a PEG ratio of 2.40 and a beta of 1.77. Lam Research has a one year low of $56.32 and a one year high of $229.57.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. The business had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The company’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same period last year, the company earned $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, research analysts predict that Lam Research will post 3.71 EPS for the current year.

Insider Activity at Lam Research

In other news, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the sale, the chief financial officer owned 987,237 shares of the company’s stock, valued at approximately $148,677,892.20. This represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bethany Mayer sold 1,298 shares of the firm’s stock in a transaction that occurred 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 directly owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. The trade was a 44.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 50,418 shares of company stock worth $7,667,305 in the last three months. 0.31% of the stock is owned by company insiders.

Institutional Investors Weigh In On Lam Research

Several large investors have recently added to or reduced their stakes in LRCX. Sava Infond d.o.o. boosted its stake in shares of Lam Research by 3.1% in the 2nd quarter. Sava Infond d.o.o. now owns 75,250 shares of the semiconductor company’s stock valued at $7,325,000 after purchasing an additional 2,250 shares in the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of Lam Research by 30.9% during the 3rd 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 in the last quarter. Horizon Bancorp Inc. IN bought a new position in Lam Research during the 2nd quarter valued at about $389,000. Genus Capital Management Inc. acquired a new position in Lam Research in the second quarter valued at about $14,476,000. Finally, Diversified Trust Co grew its stake in Lam Research by 34.4% during the third quarter. Diversified Trust Co now owns 31,922 shares of the semiconductor company’s stock worth $4,274,000 after buying an additional 8,172 shares during the last quarter. 84.61% of the stock is 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: Rothschild & Co Redburn raised its price target on Lam to $225 and kept a Buy rating, signaling stronger analyst conviction. Rothschild & Co Redburn adjusts Lam Research price target to $225 from $150, maintains buy rating
• Positive Sentiment: Stifel Nicolaus boosted its Lam price target to $250 (from $160) and reiterated a Buy, citing stronger WFE demand — a large upward revision that supports higher upside expectations. LRCX Lam Research price target raised by Stifel
• Positive Sentiment: Bank of America raised its Lam price target to $245, another major house increasing its valuation — reinforcing the analyst-driven momentum behind the stock. Bank of America Increases Lam Research Price Target to $245
• Positive Sentiment: Seeking Alpha upgraded LRCX to Buy, arguing a WFE “supercycle” (revised wafer-fab spending +10–15% YoY) raises sales, EBITDA and FCF forecasts — analyst base-case PT cited near $247 with a bullish scenario higher. Lam Research: Why The WFE Supercycle Changes The Valuation (Rating Upgrade)
• Positive Sentiment: Industry and market coverage point to a stronger WFE backdrop — Stifel and others forecast up to ~15% WFE spending growth in 2026, which directly benefits equipment suppliers like Lam. WFE spending forecast to grow up to 15% in 2026: Stifel
• Positive Sentiment: Barron’s and market coverage note that TSMC’s heavy capex is boosting suppliers (ASML, Lam, AMAT), lending fundamental tailwinds to Lam’s order and revenue outlook. ASML, Lam Research, Applied Materials Surge. Why Chip Stocks Are Getting a Boost.
• Neutral Sentiment: Zacks published momentum-style coverage assessing LRCX as a strong momentum candidate given recent gains; useful for timing/rotation but less directly informative on fundamentals. What Makes Lam Research (LRCX) a Strong Momentum Stock: Buy Now?
• Neutral Sentiment: General analyst-coverage summaries are highlighting broad Street optimism; these stories can amplify moves but are repetitive of the price-target/upgrade news. Why Is Lam Research Stock Soaring Thursday?
• Negative Sentiment: Zacks flags a potential headwind: Lam’s China revenue may fall below 30% in 2026 due to export controls, which could pressure near-term growth if non-China demand doesn’t fully offset the decline. Will LRCX’s China Revenue Drop Below 30% Hurt 2026 Growth Outlook?

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.