New Buy Rating for Lam Research (LRCX), the Technology Giant

Bernstein analyst Stacy Rasgon maintained a Buy rating on Lam Research today and set a price target of $285.00.

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Rasgon covers the Technology sector, focusing on stocks such as Applied Materials, Nvidia, and Lam Research. According to TipRanks, Rasgon has an average return of 30.7% and a 65.44% success rate on recommended stocks.

In addition to Bernstein, Lam Research also received a Buy from TipRanks – Anthropic’s Anthropic Semiconductors in a report issued on February 3. However, on January 29, Morgan Stanley maintained a Hold rating on Lam Research (NASDAQ: LRCX).

Based on Lam Research’s latest earnings release for the quarter ending December 28, the company reported a quarterly revenue of $5.34 billion and a net profit of $1.59 billion. In comparison, last year the company earned a revenue of $4.38 billion and had a net profit of $1.19 billion

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LRCX in relation to earlier this year. Most recently, in November 2025, Douglas Bettinger, the CFO & EVP of LRCX sold 40,080.00 shares for a total of $6,036,048.00.