Argus Increases Lam Research (NASDAQ:LRCX) Price Target to $280.00

Lam Research (NASDAQ:LRCX) had its price target increased by research analysts at Argus from $175.00 to $280.00 in a research report issued to clients and investors on Tuesday, MarketBeat.com reports. Argus’ price objective points to a potential upside of 33.47% from the stock’s current price.

Several other equities research analysts have also recently commented on LRCX. Evercore ISI set a $275.00 target price on Lam Research in a report on Thursday, January 29th. B. Riley restated a “buy” rating on shares of Lam Research in a research report on Thursday, January 15th. Summit Insights raised shares of Lam Research from a “hold” rating to a “buy” rating in a research note on Thursday, January 29th. Berenberg Bank increased their target price on shares of Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, HSBC raised their target price on shares of Lam Research from $181.00 to $221.00 and gave the stock a “hold” rating in a report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $243.32.

Lam Research Price Performance

Shares of LRCX opened at $209.78 on Tuesday. Lam Research has a one year low of $56.32 and a one year high of $251.87. The stock’s fifty day moving average is $191.69 and its 200-day moving average is $148.96. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. The firm has a market capitalization of $261.97 billion, a price-to-earnings ratio of 42.99, a price-to-earnings-growth ratio of 2.49 and a beta of 1.78.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The firm had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. During the same quarter in the prior year, the firm posted $0.91 EPS. Lam Research’s revenue was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities analysts anticipate that Lam Research will post 3.71 EPS for the current year.

Insiders Place Their Bets

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 sale, the chief financial officer directly owned 987,237 shares of the company’s stock, valued at $148,677,892.20. The trade was a 3.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.31% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. PMV Capital Advisers LLC bought a new stake in shares of Lam Research in the 4th quarter valued at approximately $25,000. Stance Capital LLC bought a new stake in Lam Research in the third quarter worth approximately $26,000. Triumph Capital Management bought a new position in shares of Lam Research during the 3rd quarter valued at $27,000. Harbor Investment Advisory LLC lifted its stake in shares of Lam Research by 73.9% in the 4th quarter. Harbor Investment Advisory LLC now owns 240 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 102 shares during the last quarter. Finally, WealthCollab LLC boosted its holdings in Lam Research by 29.3% in the fourth quarter. WealthCollab LLC now owns 243 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Multiple analyst price-target raises and buy reiterations have lifted sentiment and helped push the shares higher—Argus raised its target to $280 and other firms (e.g., B. Riley) have issued higher targets and buy ratings. Argus price-target raise B. Riley raises PT to $310
• Positive Sentiment: Investors are reacting to corporate governance and talent moves: Lam announced leadership role elevations aimed at accelerating AI-era execution and added Cadence CEO Dr. Anirudh Devgan to the board — both signals of management strengthening and strategic focus. Leadership transitions Board appointment
• Positive Sentiment: Strategic R&D collaboration expansion (Lam & CEA-Leti) and other partnership news support the company’s technology roadmap for next-generation nodes and packaging — a positive for long-term equipment demand. Lam Research, CEA-Leti expand collaboration
• Neutral Sentiment: Broker and media coverage highlights Lam’s earnings and price momentum (Zacks coverage argues growth attributes and momentum make LRCX attractive), which can sustain interest but also draws attention to expectations. Zacks: 3 reasons growth investors shouldn’t overlook Lam Zacks: earnings & price momentum
• Neutral Sentiment: Sector-level volatility is a factor: commentary about KLA’s post-earnings swing and differing WFE market definitions has created short-term noise across wafer fab-equipment names (including Lam), which can amplify intraday moves independent of Lam-specific fundamentals. KLA sector commentary
• Neutral Sentiment: Some coverage notes Lam underperformed peers on a recent day despite gains, a reminder that relative performance and rotation within the sector can mute upside even amid bullish analyst revisions. MarketWatch: underperformance vs peers

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.