Lam Research (NASDAQ:LRCX) Given New $150.00 Price Target at Rothschild & Co Redburn

Key Points

• Rothschild & Co Redburn has raised its price target for Lam Research from $140.00 to $150.00, indicating a potential upside of 9.91% from its previous close.
• The company reported earnings of $1.33 per share for the last quarter, exceeding analysts' expectations of $1.21, and showed a year-over-year revenue increase of 33.6%.
• Overall, Lam Research has received a consensus rating of "Moderate Buy" from analysts, with 23 out of 31 ratings classified as "Buy".

Lam Research (NASDAQ:LRCX - Get Free Report) had its price target upped by equities research analysts at Rothschild & Co Redburn from $140.00 to $150.00 in a report issued on Tuesday,MarketScreener reports. The firm presently has a "buy" rating on the semiconductor company's stock. Rothschild & Co Redburn's price objective would indicate a potential upside of 9.91% from the company's previous close.

Other equities research analysts also recently issued research reports about the company. The Goldman Sachs Group increased their price objective on Lam Research from $115.00 to $160.00 and gave the stock a "buy" rating in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Lam Research from a "hold" rating to a "buy" rating and lifted their target price for the stock from $100.00 to $150.00 in a research report on Monday, September 29th. Citigroup boosted their price objective on Lam Research from $113.00 to $120.00 and gave the company a "buy" rating in a research report on Monday, September 8th. Wall Street Zen raised Lam Research from a "hold" rating to a "buy" rating in a research note on Saturday, October 4th. Finally, HSBC set a $127.00 target price on shares of Lam Research and gave the stock a "hold" rating in a research report on Tuesday, September 30th. Twenty-three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Lam Research has an average rating of "Moderate Buy" and a consensus price target of $123.80.

Lam Research Trading Down 1.0%

NASDAQ LRCX opened at $136.48 on Tuesday. The stock has a market capitalization of $172.10 billion, a price-to-earnings ratio of 32.86, a PEG ratio of 1.60 and a beta of 1.84. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55. Lam Research has a one year low of $56.32 and a one year high of $153.70. The business's fifty day moving average is $115.59 and its 200-day moving average is $95.18.

Lam Research (NASDAQ:LRCX - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.12. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The company had revenue of $5.17 billion during the quarter, compared to analyst estimates of $4.99 billion. During the same quarter last year, the firm posted $1.03 EPS. The firm's revenue for the quarter was up 33.6% on a year-over-year basis. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Equities research analysts predict that Lam Research will post 3.71 EPS for the current year.

Institutional Trading of Lam Research

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Natural Investments LLC increased its position in Lam Research by 2.4% in the third quarter. Natural Investments LLC now owns 3,408 shares of the semiconductor company's stock worth $456,000 after purchasing an additional 79 shares during the last quarter. Ignite Planners LLC raised its holdings in Lam Research by 1.9% during the 3rd quarter. Ignite Planners LLC now owns 5,269 shares of the semiconductor company's stock valued at $706,000 after buying an additional 100 shares during the period. Toth Financial Advisory Corp increased its position in Lam Research by 10.0% during the third quarter. Toth Financial Advisory Corp now owns 1,100 shares of the semiconductor company's stock valued at $147,000 after acquiring an additional 100 shares during the last quarter. Bahl & Gaynor Inc. lifted its holdings in shares of Lam Research by 1.9% in the 2nd quarter. Bahl & Gaynor Inc. now owns 5,602 shares of the semiconductor company's stock worth $545,000 after acquiring an additional 102 shares during the last quarter. Finally, BankPlus Wealth Management LLC boosted its stake in shares of Lam Research by 2.0% during the 2nd quarter. BankPlus Wealth Management LLC now owns 5,248 shares of the semiconductor company's stock worth $511,000 after purchasing an additional 105 shares during the period. 84.61% of the stock is currently owned by institutional investors.

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.

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