Lam Research stock rallies 7% on a Mizuho upgrade. Here is what Wall Street expects from LRCX's upcoming quarterly earnings report.
Lam Research Corp.
(NASDAQ:LRCX) stock climbed nearly 7% on Thursday as investors poured into semiconductor equipment stocks during a broad technology rally.
The Nasdaq gained 1.51%, while the S&P 500 rose 0.68%.
Lam Research also received fresh analyst support on Thursday, further boosting sentiment.
Mizuho maintained its Outperform rating and raised its price forecast to $400 from $380, while TD Cowen maintained its Buy rating and lifted its price forecast to $400 from $340.
Lam Research Corp (NASDAQ:LRCX) reports strong results for the fourth quarter of fiscal 2026 after the closing bell on Wednesday.
Lam Research beat analyst estimates for its fiscal fourth quarter and with its guidance for the current period. LRCX stock rose.
Needham maintains a Buy rating and $390 price forecast on Lam Research Corporation (NASDAQ: LRCX) following its second calendar…
Lam Research Corporation (LRCX) is currently at $303.52, up $51.17 or 20.28%
Lam Research stock and several peers hit record highs as chipmakers invest in new gear amid the AI megatrend.
Lam Research Corporation (LRCX) is currently at $354.03, up $32.23 or 10.02%
