B. Riley raises target for Lam Research stock to USD 390

Published on 10/12/2026 at 12:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lam Research stock costs EUR 282.45 on October 12, 2026. B. Riley lifted its target from USD 350.00 to USD 390.00 on October 1, 2026.

Key points in brief

B. Riley raised its Lam Research price target from USD 350.00 to USD 390.00 on October 1, 2026.
Morgan Stanley lifted its target from USD 367.00 to USD 385.00 on October 5, 2026.
Lam Research stock was at EUR 282.45 at Lang & Schwarz on October 12, 2026.
The next Lam Research earnings report is scheduled for October 21, 2026.

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Lam Research stock was at EUR 282.45 at Lang & Schwarz on October 12, 2026, while B. Riley had raised its price target from USD 350.00 to USD 390.00 on October 1, 2026. According to FUTU, the analyst house kept its Buy rating.

Analysts lift targets

The target increase is part of a broader reassessment of Lam Research's semiconductor-equipment outlook. Morgan Stanley raised its target from USD 367.00 to USD 385.00 on October 5, 2026, while maintaining an Overweight rating, according to Markets Insider.

For investors, the key test is whether September-quarter demand validates those higher assumptions. Lam Research's latest reported quarter produced USD 6.72 billion in revenue and adjusted earnings per share of USD 1.82, with revenue up 30.00 percent year over year, according to Zacks.

Three dated milestones

On July 29, 2026, Lam Research reported USD 6.72 billion in revenue and USD 1.82 adjusted earnings per share for its fiscal fourth quarter, according to MarketBeat. On October 1, B. Riley lifted its target to USD 390.00 from USD 350.00. On October 5, Morgan Stanley lifted its target to USD 385.00 from USD 367.00.

What comes next for earnings?

Lam Research is scheduled to report its fiscal first-quarter 2027 results on October 21, 2026, with revenue guidance of USD 8.10 billion plus or minus USD 400.00 million and adjusted earnings per share guidance of USD 2.15 plus or minus USD 0.15, according to Zacks. The company is also scheduled to pay a quarterly dividend of USD 0.33 per share on October 14, 2026, according to MarketBeat.

Price and trading context

Lam Research was last at USD 318.84 on Nasdaq on October 9, 2026 at 4:00 p.m. ET. Its 52-week range was USD 134.04 to USD 438.50, and its market capitalization was USD 398.7 billion as of October 9, 2026. The further course of trading is shown by the continuously updated real-time quote of Lam Research stock.