How analysts reacted to Lam Research’s results
Lam Research reported on July 29, 2026 (quarter ended Jun 2026). In the next sessions, 4 Wall Street firms published notes: 4 cut their price target. The median target of the 4 firms with a before-and-after figure went from $402 to $359 (−11%). The shares rose 18% on Jul 30, the first session after the report.
Every firm’s call 4
The first note from each firm in the session that reacted to the results and the next two, with its previous target. Since then the shares have gained 11% ($329.51 on Oct 7), against a median target of $359 from these firms. Lam Research consensus today
| Before After Share price | ||||||
|---|---|---|---|---|---|---|
 Mizuho | Buy | $400 | $370 | −8% | Jul 30 | |
 B Riley | Buy | $385 | $350 | −9% | Jul 30 | |
 Morgan Stanley | Buy | $404 | $367 | −9% | Jul 30 | |
 Wells Fargo | Buy | $450 | $350 | −22% | Jul 30 |
Earlier Lam Research reports
Latest earnings reactions
MicronSep 3020 of 24 kept targetsMedian target +1%Shares +3%
OracleSep 106 of 12 kept targetsMedian target +1%Shares −5%
BroadcomSep 27 of 18 raised targetsMedian target +3%Shares −3%
NIOSep 14 of 4 cut targetsMedian target −29%Shares −5%
MarvellAug 275 of 11 raised targetsMedian target 0%Shares −10%
Li AutoAug 266 of 7 cut targetsMedian target −10%Shares −1%How this works: the earnings date and EPS figures come from Nasdaq. The calls are the notes in our database from the session that reacted to the results and the next two, one per firm (its first); for reports after the close, notes dated the report day are treated as previews and left out. “Before” is the previous target quoted in the note or, if missing, the firm’s last target in our database. The median target uses firms with both figures. The share move compares the close before the reaction session with the close of the session that moved most (the report day or the next one). Which firms’ targets come true