On July 10, 2025, Goldman Sachs, a leading global investment banking firm, announced that it has initiated coverage on Lam Research Corporation (LRCX, Financial), a prominent player in the semiconductor equipment industry. The analyst covering the stock, Toshiya Hari, has set a "Buy" rating, indicating a favorable outlook on the company's performance.
Alongside the rating, Goldman Sachs has announced a price target of $115.00 USD for Lam Research (LRCX, Financial). This initiation of coverage by a major financial institution underscores the potential investment opportunities seen in LRCX, as technological advancements continue to drive demand in the semiconductor sector.
Investors and market observers are encouraged to keep an eye on Lam Research (LRCX, Financial) following this coverage initiation, as the analyst's insights could influence market perception and stock performance in the coming months.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 27 analysts, the average target price for Lam Research Corp (LRCX, Financial) is $95.30 with a high estimate of $125.00 and a low estimate of $70.00. The average target implies an downside of 4.52% from the current price of $99.81. More detailed estimate data can be found on the Lam Research Corp (LRCX) Forecast page.
Based on the consensus recommendation from 32 brokerage firms, Lam Research Corp's (LRCX, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Lam Research Corp (LRCX, Financial) in one year is $77.74, suggesting a downside of 22.11% from the current price of $99.81. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Lam Research Corp (LRCX) Summary page.
