Bank of America Lam Research · LRCX

BofA Securities Raises Lam Research Price Target to $480

Jun 23, 2026 1 min read Reproduced verbatim
Rating
Buy
Price target
$480
from $330
Implied upside
+17%
vs $409.54 prior close
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BofA Securities analyst Vivek Arya raised the price target on Lam Research (NASDAQ: LRCX) to $480.00 (from $330.00) 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.

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.

Tracking this call

Since this note−20% LRCX $409.54 → $329.51 (Oct 8) · moving away from the target

This callScored on Dec 23, 2026, six months after the note: did LRCX reach $480?

Firm track recordBank of America reached 73% of its 41 scored targets within six months (#11 of 31 firms). Accuracy ranking →

Bank of America on Lam Research · target history
Jan 29, 2026 · $285 · Buy Apr 23, 2026 · $330 · Buy Jun 23, 2026 · $480 · Buy · this note
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Other Lam Research notes

B RileyBuy Raised price target +11%, kept rating · Oct 1 $390from $350 UBSBuy Cut price target −2%, kept rating · Sep 1 $425from $435 MizuhoBuy Cut price target −1%, kept rating · Aug 25 $365from $370 BernsteinBuy Raised price target +7%, kept rating · Aug 10 $385from $360 B RileyBuy Cut price target −9%, kept rating · Jul 30 $350from $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.