UBS Raises PT on Lam Research Corporation (LRCX) from $95 to $120

Lam Research Corporation (NASDAQ:LRCX) secures a place on our list of the 12 Best Ethical Companies to Invest in 2025.

UBS Raises PT on Lam Research Corporation (LRCX) from $95 to $120

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On July 21, 2025, UBS increased its price target on Lam Research Corporation (NASDAQ:LRCX) from $95 to $120, maintaining a ‘Buy’ rating. This revision comes amid growing optimism for the company’s Q4 performance. The analyst attributed the optimism to ongoing NAND equipment upgrades by Samsung, potential upside from TSMC, and strong demand out of China.

Furthermore, the analyst expressed a positive outlook on the wafer fabrication equipment (WFE) market environment and Lam Research Corporation (NASDAQ:LRCX)’s positioning. Therefore, with investments ramping up globally in the semiconductor market, LRCX seems to be well-positioned to capitalize on the chipmaking demand surge.

Lam Research Corporation (NASDAQ:LRCX), serving major foundries and integrated device manufacturers worldwide, manufactures advanced semiconductor processing equipment for chip production. It is one of the best ESG stocks.

While we acknowledge the potential of LRCX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LRCX and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.