Evercore ISI Forecasts Strong Price Appreciation for Lam Research (NASDAQ:LRCX) Stock

Lam Research (NASDAQ:LRCX) had its target price lifted by investment analysts at Evercore ISI from $170.00 to $241.00 in a report issued on Monday,MarketScreener reports. The firm presently has an “outperform” rating on the semiconductor company’s stock. Evercore ISI’s target price suggests a potential upside of 1.07% from the stock’s current price.

LRCX has been the subject of a number of other reports. Barclays set a $195.00 price target on shares of Lam Research in a report on Thursday, January 15th. BNP Paribas Exane increased their target price on shares of Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, October 23rd. Jefferies Financial Group restated a “buy” rating and issued a $200.00 price target (up previously from $175.00) on shares of Lam Research in a research report on Monday, December 15th. Royal Bank Of Canada set a $260.00 price target on Lam Research in a report on Wednesday, January 14th. Finally, Wall Street Zen lowered Lam Research from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. One investment 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, Lam Research currently has an average rating of “Moderate Buy” and an average price target of $202.81.

Lam Research Stock Up 7.0%

LRCX opened at $238.46 on Monday. 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 company has a market capitalization of $299.51 billion, a PE ratio of 52.52, a P/E/G ratio of 2.82 and a beta of 1.77. The stock’s fifty day moving average is $181.49 and its 200-day moving average is $143.70. Lam Research has a one year low of $56.32 and a one year high of $239.50.

Insider Buying and Selling at Lam Research

In other Lam Research news, CFO Douglas R. Bettinger sold 40,080 shares of the business’s stock in a transaction on 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 completion of the sale, the chief financial officer owned 987,237 shares in the company, valued at approximately $148,677,892.20. The trade was a 3.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Bethany Mayer sold 1,298 shares of the firm’s stock in a transaction 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 in the company, valued at $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 41,408 shares of company stock valued at $6,248,501. 0.31% of the stock is currently owned by insiders.

Institutional Trading of Lam Research

Several institutional investors and hedge funds have recently modified their holdings of the stock. Brighton Jones LLC lifted its stake in Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after acquiring an additional 12,936 shares in the last quarter. Caxton Associates LLP purchased a new stake in shares of Lam Research in the first quarter valued at about $239,000. ORG Partners LLC lifted its position in shares of Lam Research by 7.3% during the second quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock valued at $162,000 after purchasing an additional 114 shares in the last quarter. LVW Advisors LLC purchased a new position in Lam Research during the second quarter worth about $245,000. Finally, Guyasuta Investment Advisors Inc. bought a new stake in Lam Research in the 2nd quarter worth about $202,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research News Roundup

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

• Positive Sentiment: Evercore ISI raised its price target sharply to $241 and kept an “outperform” rating, giving formal analyst backing that likely supported buying interest. Evercore ISI adjusts price target on Lam Research to $241 from $170; maintains outperform rating
• Positive Sentiment: Analyst commentary (Zacks) highlights AI-driven foundry demand lifting Lam’s Systems revenues in Q2, with strong traction for advanced etch and deposition tools—an operational tailwind for near-term sales and margins. AI-Driven Foundry Demand Likely to Boost LRCX’s Systems Revenues in Q2
• Positive Sentiment: MarketBeat analysis ranks Lam among top equipment names for 2026, noting high-margin recurring revenue and recent strong top-line growth—this narrative supports investor appetite amid the AI chip cycle. Which Semiconductor Equipment Stock Has More Upside in 2026? (LRCX)
• Neutral Sentiment: Lam appeared on Benzinga’s list of names trending among investors today, indicating heightened attention and volume but not necessarily a directional fundamental change. Seagate Technology, Texas Instruments, Richtech Robotics, Corning And Lam Research: Why These 5 Stocks Are On Investors’ Radars Today
• Negative Sentiment: MSN coverage flags that China-related headwinds could weigh on Lam’s outlook—geopolitical or market softness in China remains a downside risk that could temper future guidance or order patterns. Lam Research leans on AI tailwinds as China weighs on outlook

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.