What the analyst said

Citi analyst Atif Malik raised the price target on Lam Research (NASDAQ: LRCX) to $265.00 (from $190.00) while maintaining a Buy rating.

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

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Where the price stands

LRCX trades at $185. The 9 analysts who set a target in the last 3 months range from $290 to $400, with a median of $350. This $265 target is 24% below the median, the lowest on the Street.

Since the note LRCX has moved −19% (from $228). 12-month window: day 287 of 365, closes on January 22, 2027.

Track record

This call✓ Target reached on April 13, 2026, 3 months after the note.

Firm track recordCiti: 88% of its 41 targets at least a year old were reached within 12 months (#3 of 26 firms). Accuracy ranking →

Citi on Lam Research

Citi price targets on Lam Research

4 calls from January 22, 2026 to June 17, 2026. The target went from $265 to $450 (+70%). The rating stayed Buy.

Citi targetLRCX share price
  1. June 17, 2026Target raised from $315 (+43%)Buy$450
  2. April 23, 2026Target raised from $300 (+5%)Buy$315
  3. January 29, 2026Target raised from $265 (+13%)Buy$300
  4. January 22, 2026 This noteEarliest call shownBuy$265
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Other analysts on Lam Research

Lynx Equity Kept rating and price target Oct 28 $400maintained BernsteinBuy Cut price target −9%, kept rating Oct 22 $350from $385 UBSBuy Cut price target −6%, kept rating Oct 22 $400from $425 Morgan StanleyBuy Cut price target −12%, kept rating Oct 22 $339from $385 Bank of AmericaBuy Cut price target −10%, kept rating Oct 22 $345from $385
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.