Do Wall Street Analysts Like Lam Research Stock?

Lam Research Corporation (LRCX) is a global leader in semiconductor manufacturing equipment and services. With a market cap of $114.3 billion, it provides cutting-edge wafer fabrication solutions that enable the production of advanced semiconductor devices. The company’s innovative technologies and expertise support the world's leading chipmakers in delivering high-performance electronics, driving progress in computing, artificial intelligence, and mobile applications while creating long-term value for stakeholders.

Shares of the chip giant have underperformed the broader market considerably over the past year. LRCX has declined 1.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 23%. However, in 2025, LRCX’s stock gained 23.3%, compared to SPX’s 4% rise on a YTD basis.