Lam Research Corporation (NASDAQ:LRCX) is one of the Unstoppable Technology Stocks to Buy. Lam Research Corporation (NASDAQ:LRCX) has risen more than 82% over the past 6 months. Wall Street remains bullish for further upside. Recently, on December 23, Timothy Arcuri from UBS reiterated a Buy rating on the stock and raised the price target from $175 to $200. Earlier on December 18, Craig Ellis from B. Riley Securities also raised the price target from $180 to $195, while reiterating a Buy rating on the sto ...

Lam Research Corporation (NASDAQ:LRCX) is one of the best stocks for the next decade. On December 23, UBS raised the firm’s price target on Lam Research to $200 from $175 and kept a Buy rating on the shares. Earlier on December 18, B. Riley raised the firm’s price target on Lam Research to $195 from $180 with a Buy rating on the shares. The firm highlighted that Lam Research Corporation (NASDAQ:LRCX) is exceptionally well-positioned to benefit from the current surge in memory WFE spending. This advantage ...

Bailard Inc., an investment management company, released its third-quarter 2025 investor letter for “Bailard Technology Strategy”. A copy of the letter can be downloaded here. The strategy generated 9.36% net of fees in the quarter compared to the S&P North American Technology Index’s 13.14% return, the Morningstar U.S. Open-End Technology Categories’ 11.64% return, and the Lipper Science and Technology Fund Index’s 11.19% gain. The quarter showed improved technology fundamentals following the Q2 market reb ...

Core Insights - Lam Research Corporation (NASDAQ:LRCX) is recognized as one of the top-performing stocks in the S&P 500 for 2025, with multiple analysts raising their price targets for the company, indicating strong market confidence in its growth potential [1][2][3] Analyst Ratings and Price Targets - B. Riley increased its price target for Lam Research to $195 from $180 while maintaining a Buy rating, highlighting the company's specialized etch leadership as a key factor in capturing market share in memory WFE recovery [1] - Mizuho also raised its price target for Lam Research to $200 from $170, maintaining an Outperform rating, and expressed optimism regarding WFE estimates for 2026, suggesting a positive catalyst for growth [2] - Bank of America raised its price target for Lam Research to $195 from $165 while keeping a Buy rating, indicating a broader transition in the semiconductor industry towards AI-driven workloads [3] Company Overview - Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits across various regions including the US, China, Korea, Taiwan, Japan, Southeast Asia, and Europe [4]

Janus Henderson Investors, an investment management company, released its third-quarter 2025 investor letter for its “Janus Henderson Global Technology and Innovation Fund”. A copy of the letter can be downloaded here. The technology sector generated strong results in the quarter, driven by the semiconductor complex and hardware makers, which outpaced the broader equities. The fund returned 9.19% in the quarter, compared to the S&P 500 Index’s 8.12% return and the MSCI All Country World Information Technol ...

Core Insights - Lam Research Corporation is recognized as a highly profitable tech stock, with Morgan Stanley raising its price target to $158 from $137 while maintaining an Equal Weight rating [1] - The firm has kept its 2026 Wafer Fab Equipment forecast at $129 billion, indicating an 11% year-over-year growth, and has increased its 2027 forecast to $145 billion, representing a 13% increase [1] Financial Performance - In FQ1 2026, Lam Research reported revenues of $5.32 billion, a 28% increase from $4.17 billion in the same quarter last year [2] - Non-GAAP earnings for the quarter were $1.26 per share, reflecting a year-over-year increase of 46.5% [2] - Systems revenues accounted for $3.55 billion, or 66.6% of total revenues, marking a 48% increase year-over-year and a 3% rise from the previous quarter [2] - The Customer Support Business Group generated $1.77 billion in revenues, contributing 33.4% to total revenues, with a 2.5% sequential rise and a 0.1% increase from the year-ago period [2] Future Guidance - Lam Research projects revenues of approximately $5.2 billion for FQ2 2026, suggesting a year-over-year growth of 9.8% [3] - The company anticipates a non-GAAP EPS of around $1.15, based on a diluted share count of 1.26 billion, indicating a year-over-year growth of 15.4% [3] Company Overview - Lam Research designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits across various regions including the US, China, Korea, Taiwan, Japan, Southeast Asia, and Europe [4]

Core Insights - Lam Research's stock has nearly doubled this year, primarily due to strong growth in semiconductor equipment demand linked to AI chip production and advanced semiconductor technologies [1][5] - The company's quarterly results have shown significant improvement, with margins increasing and a positive outlook despite challenges from China's export restrictions [3][5] Financial Performance - The stock price surged by 97%, driven by a 26% increase in revenue, a 14% improvement in net margin, and a 34% increase in the P/E multiple [5] - Lam Research exceeded EPS and revenue predictions for Q4 2024, indicating strength heading into early 2025 [10] Market Outlook - The demand for AI and high-performance computing chips has led to substantial orders for Lam Research's equipment [10] - The company raised its 2025 Wafer Fab Equipment spending forecast to $105 billion [10] Challenges - New U.S. export restrictions on certain Chinese clients are expected to impact the revenue forecast for Q4 2025 [10]

Core Insights - Carillon Tower Advisers released its third-quarter 2025 investor letter for the Carillon Eagle Growth & Income Fund, highlighting the S&P 500 Index's year-to-date return of 13.7% and the significant role of AI deployment in market performance [1] - The fund's top holdings include Lam Research Corporation, which has shown strong performance with a one-month return of 9.95% and a 52-week gain of 115.55% [2][3] Company Performance - Lam Research Corporation (NASDAQ:LRCX) reported a revenue of $5.3 billion for the September quarter, marking a 3% increase from the previous quarter [4] - The company has confirmed growth projections for the upcoming year, supported by positive bookings data, indicating a strong position in the semiconductor capital spending market [3] Market Sentiment - Improving sentiment around Lam Research Corporation is attributed to the critical nature of its products in the semiconductor industry, particularly in relation to AI memory requirements [3] - Despite its potential, Lam Research is not among the top 30 most popular stocks among hedge funds, with 85 hedge fund portfolios holding its shares at the end of the second quarter, down from 91 in the previous quarter [4]

Core Viewpoint - Lam Research Corporation (NASDAQ:LRCX) is highlighted as a strong investment opportunity in the semiconductor sector, particularly in storage-related technologies, as emphasized by Jim Cramer during a discussion with Harvard Business School students [1]. Group 1: Company Overview - Lam Research designs and manufactures semiconductor processing equipment used in chip fabrication [2]. - The company is considered a leader in semiconductor capital equipment, with significant intellectual property in the field [2]. Group 2: Market Sentiment - Jim Cramer expressed a bullish outlook on Lam Research, stating it remains a buy despite a recent 65% increase in stock price [2]. - A recent downgrade of Lam Research was met with skepticism, indicating strong confidence in the company's market position [2]. Group 3: Investment Considerations - While Lam Research is viewed positively, there are suggestions that certain AI stocks may present greater upside potential with less downside risk [2].

Core Insights - Heartland Mid Cap Value Fund's portfolio increased by 1.63% in Q3 2025, underperforming the Russell Midcap® Value Index, which gained 6.18% [1] - Stock selection was identified as the main factor contributing to the fund's underperformance, as the market favored large- and mid-cap growth stocks driven by optimism around AI and rising electricity demand [1] - The focus on valuations during this period was noted to be potentially detrimental to performance [1] Company Highlights - Lam Research Corporation (NASDAQ:LRCX) was highlighted as a significant holding in the Heartland Mid Cap Value Fund, with a one-month return of 10.20% and a 52-week gain of 53.29% [2] - As of October 10, 2025, Lam Research's stock closed at $131.37 per share, with a market capitalization of $165.662 billion [2] - Lam Research is recognized as a leading supplier of semiconductor capital equipment, crucial for producing advanced integrated circuits in the chip industry [3]