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

Lam Research (NASDAQ:LRCX) had its price objective increased by equities researchers at Mizuho from $162.00 to $170.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the semiconductor company’s stock. Mizuho’s price target points to a potential upside of 20.35% from the company’s current price.

A number of other equities analysts have also issued reports on LRCX. Wall Street Zen raised shares of Lam Research from a “hold” rating to a “buy” rating in a research report on Saturday, October 4th. B. Riley raised their price objective on shares of Lam Research from $160.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday. The Goldman Sachs Group lifted their price target on shares of Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Erste Group Bank assumed coverage on shares of Lam Research in a research note on Thursday, August 14th. They issued a “buy” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft raised shares of Lam Research from a “hold” rating to a “buy” rating and lifted their price target for the company from $100.00 to $150.00 in a research note on Monday, September 29th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and a consensus price target of $133.84.

Lam Research Stock Performance

LRCX opened at $141.25 on Thursday. Lam Research has a 12-month low of $56.32 and a 12-month high of $153.70. The company has a current ratio of 2.21, a quick ratio of 1.55 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $178.12 billion, a PE ratio of 33.95, a P/E/G ratio of 1.76 and a beta of 1.84. The firm has a 50 day moving average of $121.38 and a two-hundred day moving average of $98.38.

Lam Research (NASDAQ:LRCX) last posted its quarterly 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. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The company had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.23 billion. During the same period last year, the firm posted $0.86 EPS. Lam Research’s revenue for the quarter was up 27.7% compared to the same quarter last year. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, analysts anticipate that Lam Research will post 3.71 EPS for the current year.

Insider Transactions at Lam Research

In related news, SVP Vahid Vahedi sold 52,190 shares of the company’s stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $138.90, for a total value of $7,249,191.00. Following the completion of the transaction, the senior vice president directly owned 251,047 shares of the company’s stock, valued at $34,870,428.30. This represents a 17.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.31% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of LRCX. Empowered Funds LLC increased its position in shares of Lam Research by 10.5% in the first quarter. Empowered Funds LLC now owns 187,472 shares of the semiconductor company’s stock valued at $13,629,000 after buying an additional 17,833 shares in the last quarter. Pinnacle Financial Partners Inc acquired a new position in shares of Lam Research in the 1st quarter valued at about $201,000. Cookson Peirce & Co. Inc. purchased a new stake in shares of Lam Research during the 1st quarter valued at about $607,000. China Universal Asset Management Co. Ltd. raised its holdings in shares of Lam Research by 27.1% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 49,505 shares of the semiconductor company’s stock valued at $3,607,000 after buying an additional 10,565 shares during the period. Finally, Glass Wealth Management Co LLC increased its holdings in Lam Research by 8.5% during the 2nd quarter. Glass Wealth Management Co LLC now owns 28,870 shares of the semiconductor company’s stock worth $2,810,000 after purchasing an additional 2,270 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

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.