B. Riley Raises its Price Target on Lam Research (LRCX)
Key takeaways
- Riley Raises its Price Target on Lam Research (LRCX) Jeff Lewis Mon, May 18, 2026 at 10:11 PM GMT+7 2 min read LRCX ^GSPC Lam Research Corporation (NASDAQ:LRCX) is one of the
- 10 Fastest Growing S&P 500 Stocks to Buy Now.
- Riley raised the firm’s price target on Lam Research Corporation (NASDAQ:LRCX) to $385 from $350 while maintaining a Buy rating on the shares.
B. Riley Raises its Price Target on Lam Research (LRCX) Jeff Lewis Mon, May 18, 2026 at 10:11 PM GMT+7 2 min read LRCX ^GSPC Lam Research Corporation (NASDAQ:LRCX) is one of the
10 Fastest Growing S&P 500 Stocks to Buy Now.
On May 12, 2026, B. Riley raised the firm’s price target on Lam Research Corporation (NASDAQ:LRCX) to $385 from $350 while maintaining a Buy rating on the shares. The firm said AI-related investment continues accelerating faster than expected, with growing demand from hyperscalers and neo-cloud providers driving significantly higher capital expenditure expectations for 2026 through 2028. B. Riley added that evolving AI workloads and increasing chip intensity from major model providers are tightening semiconductor supply-demand dynamics and supporting stronger earnings revisions across the sector.