Mizuho Lam Research · LRCX

Mizuho Lowers Lam Research Price Target to $365

August 25, 2026 Analyst: Vijay Rakesh 1 min read Reproduced verbatim
Rating
Buy
Target
$365
from $370 (−1%)
Upside
+39%
LRCX at $263 today
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What the analyst said

Mizuho analyst Vijay Rakesh lowered the price target on Lam Research (NASDAQ: LRCX) to $365 (from $370) 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 $263. The 7 analysts who set a target in the last 3 months range from $338 to $425, with a median of $367. This $365 target is 1% below the median.

Since the note LRCX has moved −15% (from $310). 12-month window: day 56 of 365, closes on August 25, 2027.

Track record

This callOpen: LRCX has not reached $365 yet. This 12-month target is scored on August 25, 2027.

Firm track recordMizuho: 93% of its 40 targets at least a year old were reached within 12 months (#5 of 28 firms). Accuracy ranking →

Mizuho on Lam Research

Mizuho price targets on Lam Research

6 calls from January 28, 2026 to August 25, 2026. The target went from $265 to $365 (+38%). The rating stayed Buy.

Mizuho targetLRCX share price
  1. August 25, 2026 This noteTarget cut from $370 (−1%)Buy$365
  2. July 30, 2026Target cut from $400 (−8%)Buy$370
  3. July 9, 2026Target raised from $380 (+5%)Buy$400
  4. May 27, 2026Target raised from $330 (+15%)Buy$380
  5. April 23, 2026Target raised from $265 (+25%)Buy$330
  6. January 28, 2026Earliest call shownBuy$265
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Other analysts on Lam Research

B RileyBuy Cut price target −13%, kept rating · Oct 19 $338from $390 Deutsche BankBuy Raised price target +17%, kept rating · Oct 19 $375from $320 B RileyBuy Raised price target +11%, kept rating · Oct 1 $390from $350 UBSBuy Cut price target −2%, kept rating · Sep 1 $425from $435 BernsteinBuy Raised price target +7%, kept rating · Aug 10 $385from $360
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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.