Lam Research Corp (NASDAQ: LRCX) Bullish Outlook Still Prevails With Short Term Targets At $80

Lam Research Corp (NASDAQ:LRCX) does about 12.45M shares in volume on a normal day but saw 19189892 shares change hands in the recent trading day. The company now has a market cap of 103.34B USD. Its current market price is $80.79, marking a decrease of -4.00% compared to the previous close of $84.16. The 52 week high reached by this stock is $113.00 whilst the lowest price level in 52 weeks is $56.32. The script in recent trading has seen the stock touch a high of $90 and a low of $70.

15 analysts observing the Lam Research Corp (LRCX) stock have set the 12-month price targets for the company’s shares at between $70 and $90. The consensus objective for the share price is $90.65, suggesting that the stock has a potential upside of 10.88% over the period. The median price target is -0.99% away from the current levels at $80.

FactSet Research has provided data showing that 15 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 10 analysts have rated it as a buy and 5 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 24, 2025 when TD Cowen reiterated the stock to “Buy” and issued a price target of between $110 and $100. Susquehanna upgraded its price target at $75-$125.

The current price level is -0.01%, 9.01%, and 4.86% away from its SMA20, SMA50, and SMA200 respectively, with the LRCX price moving above the 50-day SMA on current market day. Lam Research Corp (LRCX) stock is down -2.14% over the week and 12.72% over the past month. Its price is 11.85% year-to-date and -16.82% over the past year.

Its 12-month price target is $80. To reach the target analysts have set, the stock logically needs to grow 10.88 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $70, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $90.

Outstanding shares total 1.28B with insiders holding 0.29% of the shares and institutional holders owning 87.23% of the company’s common stock. The company has a return on investment of 35.18% and return on equity of 53.14%. The price to earnings ratio (P/E ratio) amounts to 22.51 while the forward price to earnings ratio is 20.08. The beta has a value of 1.66. Price to book ratio is 10.90 and price to sales ratio is 6.03.

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