Bernstein Lam Research · LRCX

Bernstein Raises Lam Research Price Target to $340

Analyst: Stacy Rasgon 1 min read Reproduced verbatim
Rating
Outperform
Target
$340
from $325 (+5%)
Outcome
Reached
on June 3, 2026
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What the analyst said

Bernstein SocGen Group analyst Stacy Rasgon raised the price target on Lam Research (NASDAQ: LRCX) to $340.00 (from $325.00) while maintaining an Outperform 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.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

LRCX trades at $202. The 9 analysts who set a target in the last 3 months range from $290 to $400, with a median of $350. This $340 target is 3% below the median.

Since the note LRCX has moved −26% (from $273). 12-month window: day 170 of 365, closes on May 20, 2027.

Track record

This call✓ Target reached on June 3, 2026, 14 days after the note.

Firm track recordBernstein: 79% of its 24 targets at least a year old were reached within 12 months (#14 of 26 firms). Accuracy ranking →

Bernstein on Lam Research

Bernstein price targets on Lam Research

6 calls from January 12, 2026 to October 22, 2026. The target went from $225 to $350 (+56%). The rating stayed Buy.

Bernstein targetLRCX share price
  1. October 22, 2026Target cut from $385 (−9%)Buy$350
  2. August 10, 2026Target raised from $340 (+13%)Buy$385
  3. May 20, 2026 This noteTarget raised from $285 (+19%)Buy$340
  4. February 9, 2026Target raised from $275 (+4%)Buy$285
  5. January 29, 2026Target raised from $225 (+22%)Buy$275
  6. January 12, 2026Earliest call shownBuy$225
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Other analysts on Lam Research

Lynx Equity Kept rating and price target Oct 28 $400maintained 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 NeedhamBuy Cut price target −26%, kept rating Oct 22 $290from $390
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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.