B. Riley Financial Issues Positive Forecast for Lam Research (NASDAQ:LRCX) Stock Price

Market Beat
2026.05.12 13:22
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B. Riley Financial has raised its target price for Lam Research (NASDAQ:LRCX) from $350 to $375, maintaining a "buy" rating. This suggests a potential upside of 26.67% from the current price. Other analysts have also increased their target prices, with a consensus target of $291.75. Lam Research reported strong quarterly earnings, beating estimates with $1.47 EPS and $5.84 billion in revenue. Insider trading activity has seen significant share sales, while institutional investors continue to show interest in the stock.