Lam Research (NASDAQ:LRCX) Given New $235.00 Price Target at New Street Research

Lam Research (NASDAQ:LRCX) had its target price hoisted by stock analysts at New Street Research from $140.00 to $235.00 in a research note issued to investors on Tuesday,MarketScreener reports. The firm currently has a “neutral” rating on the semiconductor company’s stock. New Street Research’s target price points to a potential upside of 6.02% from the company’s previous close.

LRCX has been the subject of several other research reports. Mizuho set a $265.00 price target on shares of Lam Research in a report on Wednesday, January 28th. Bank of America upped their price objective on shares of Lam Research from $195.00 to $245.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Lam Research from $260.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Argus boosted their target price on shares of Lam Research from $175.00 to $280.00 in a report on Tuesday, February 3rd. Finally, Summit Insights raised shares of Lam Research from a “hold” rating to a “buy” rating in a research report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $245.35.

Lam Research Trading Up 3.7%

Shares of NASDAQ LRCX traded up $8.00 during trading on Tuesday, reaching $221.66. The company had a trading volume of 2,119,715 shares, compared to its average volume of 11,830,318. The stock has a market cap of $276.80 billion, a P/E ratio of 45.47, a PEG ratio of 2.15 and a beta of 1.77. The company’s fifty day moving average price is $227.18 and its 200-day moving average price is $183.68. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. Lam Research has a 12 month low of $56.32 and a 12 month high of $256.68.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. The company had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm’s revenue was up 22.1% compared to the same quarter last year. During the same period last year, the company earned $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, research analysts expect that Lam Research will post 3.71 earnings per share for the current year.

Insider Activity

In other Lam Research news, 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 in the company, valued at approximately $242,334,371.15. This trade represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the completion of the sale, the director directly owned 253,705 shares of the company’s stock, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 130,886 shares of company stock worth $29,658,802 in the last quarter. 0.31% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Lam Research

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. PMV Capital Advisers LLC bought a new stake in Lam Research in the 4th quarter valued at about $25,000. Bayban bought a new position in Lam Research in the fourth quarter worth approximately $26,000. Mcguire Capital Advisors Inc. bought a new position in Lam Research in the fourth quarter worth approximately $27,000. Core Wealth Advisors LLC acquired a new stake in Lam Research in the fourth quarter valued at approximately $29,000. Finally, University of Illinois Foundation acquired a new stake in Lam Research in the fourth quarter valued at approximately $30,000. Institutional investors own 84.61% of the company’s stock.

Lam Research News Roundup

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

• Positive Sentiment: Zacks highlights LRCX as a top long‑term holding based on its positive earnings outlook and inclusion on the Zacks Focus List — a signal that analysts expect continued outperformance. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Positive Sentiment: A Seeking Alpha piece argues Lam is “poised for growth,” noting it’s a critical supplier for AI-era chipmaking, showing expanding capex/customer demand, improved operating margins and tighter working‑capital metrics — supportive for revenue and margin expansion. Lam Research: Poised For Growth, Looking Past Short-Term Turbulence
• Positive Sentiment: Coverage noting strong Q4 demand for Lam’s tools (recap/analysis) reinforces the earnings beat narrative and underpins near‑term revenue momentum heading into the next report. Strong Demand Lifted Lam Research Corporation (LRCX) in Q4
• Neutral Sentiment: Macro market strength (risk‑on) lifted tech stocks broadly, providing tailwinds to LRCX’s move higher today; this is market‑driven rather than company‑specific. Stocks Rally as President Trump Considers Ending Iran War
• Neutral Sentiment: Analysts and previews setting expectations for Lam’s next quarterly report outline key metrics investors should watch (bookings, end‑market mix, margin trajectory) — helpful but not new catalyst by itself. What to Expect From Lam Research’s Next Quarterly Earnings Report
• Neutral Sentiment: Industry items — Applied Materials expanding AI‑centric R&D and AMD Foundation investing in workforce pipelines — are mixed for Lam: they validate secular AI demand but also signal competition and the need for ongoing product leadership. AMAT Deepens its AI-Centric Product Expertise: Will it Deliver Growth? The AMD Foundation Joins Last Mile Education Fund’s National Semiconductor Coalition
• Negative Sentiment: Geopolitical-driven “helium shock” stories raise a tangible operational risk: constrained helium and critical gases from the Middle East could disrupt Lam’s ability to supply and service wafer‑fab tools, introducing upside risk to costs and delivery timelines. Investors should monitor supply‑chain updates and customer impact disclosures. Middle East Helium Shock Puts Lam Research Supply Chain In Focus

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.