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

Lam Research (NASDAQ:LRCX) had its target price boosted by Susquehanna from $135.00 to $200.00 in a report released on Thursday, Marketbeat Ratings reports. The brokerage currently has a “positive” rating on the semiconductor company’s stock. Susquehanna’s target price would suggest a potential upside of 31.86% from the stock’s previous close.

Other research analysts have also issued reports about the stock. B. Riley upped their target price on shares of Lam Research from $160.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, October 20th. Stifel Nicolaus set a $160.00 price target on shares of Lam Research and gave the company a “buy” rating in a report on Thursday. Cowen reaffirmed a “buy” rating on shares of Lam Research in a report on Thursday. TD Cowen upped their price target on shares of Lam Research from $145.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Cantor Fitzgerald upped their price target on shares of Lam Research from $155.00 to $170.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $147.21.

Lam Research Trading Up 2.8%

NASDAQ LRCX opened at $151.68 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.55 and a current ratio of 2.21. The firm has a market cap of $191.27 billion, a PE ratio of 33.41, a P/E/G ratio of 1.76 and a beta of 1.84. Lam Research has a one year low of $56.32 and a one year high of $153.70. The firm’s fifty day moving average is $123.23 and its two-hundred day moving average is $99.60.

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

Insider Activity

In other news, SVP Vahid Vahedi sold 52,190 shares of the firm’s stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $138.90, for a total value of $7,249,191.00. Following the transaction, the senior vice president directly owned 251,047 shares in the company, valued at approximately $34,870,428.30. This trade represents a 17.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.31% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. MGO One Seven LLC boosted its holdings in shares of Lam Research by 110.3% during the third quarter. MGO One Seven LLC now owns 33,396 shares of the semiconductor company’s stock worth $4,472,000 after purchasing an additional 17,514 shares during the period. Meeder Asset Management Inc. boosted its stake in Lam Research by 913.1% during the third quarter. Meeder Asset Management Inc. now owns 7,051 shares of the semiconductor company’s stock worth $944,000 after buying an additional 6,355 shares in the last quarter. Citizens Financial Group Inc. RI boosted its stake in shares of Lam Research by 12.9% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 17,500 shares of the semiconductor company’s stock valued at $2,343,000 after purchasing an additional 1,993 shares in the last quarter. Tema Etfs LLC lifted its position in Lam Research by 120.9% during the 3rd quarter. Tema Etfs LLC now owns 36,085 shares of the semiconductor company’s stock worth $4,832,000 after buying an additional 19,753 shares in the last quarter. Finally, New York State Teachers Retirement System lifted its position in Lam Research by 2.2% during the 3rd quarter. New York State Teachers Retirement System now owns 1,067,446 shares of the semiconductor company’s stock worth $142,931,000 after buying an additional 22,631 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Company Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.