Susquehanna Boosts Lam Research Price Target on Strong Outlook

Analysts see potential 38% upside for the semiconductor equipment maker's stock.

Apr. 9, 2026 at 3:20pm

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An extreme close-up of highly engineered, industrial-scale semiconductor fabrication machinery, conveying the complex, high-precision technology behind advanced chip production.Susquehanna's bullish outlook on Lam Research's stock reflects the critical role its semiconductor manufacturing equipment plays in enabling the industry's ongoing technological progress.Fremont Today

Equity research firm Susquehanna has increased its price target for Lam Research (NASDAQ:LRCX) stock from $325 to $350, citing a positive outlook for the semiconductor equipment manufacturer. The new target represents a potential upside of 38.55% from the company's previous closing price.

Why it matters

Lam Research is a key supplier of wafer fabrication equipment and services to the semiconductor industry. Positive analyst sentiment and a higher price target could signal growing confidence in the company's ability to capitalize on trends in advanced chip manufacturing technologies.

The details

Susquehanna maintained its 'positive' rating on Lam Research's stock and raised the price target, indicating the firm believes the company's shares have significant room for appreciation. Other analysts have also recently increased their price targets for Lam Research, with the average target now at $246.32 across 27 'buy' ratings and 8 'hold' ratings.

  • Susquehanna issued the updated price target and rating on April 9, 2026.

The players

Lam Research

A global supplier of wafer fabrication equipment and services to the semiconductor industry, founded in 1980 and headquartered in Fremont, California.

Susquehanna

An equities research firm that covers Lam Research and has issued a 'positive' rating and increased price target for the company's stock.

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The takeaway

The higher price target from Susquehanna suggests analysts see strong potential for Lam Research's stock to appreciate, underscoring the company's importance as a key supplier of semiconductor manufacturing equipment amid industry growth trends.