Cantor Fitzgerald Lifts PT on Lam Research Corporation (LRCX)

1 week ago 7

Noor Ul Ain Rehman

Mon, June 22, 2026 astatine 7:09 AM CDT 2 min read

Lam Research Corporation (NASDAQ:LRCX) is 1 of the champion AI representation stocks to bargain successful 2026. Cantor Fitzgerald lifted the terms people connected Lam Research Corporation (NASDAQ:LRCX) to $425 from $320 connected June 10 and maintained an Overweight standing connected the shares, telling investors successful a probe enactment that the steadfast believes the semi instrumentality manufacture is successful the "early innings of a multi-year supply-constrained and durable upcycle." It added that the outlook has improved implicit the past 3 months, with bookings visibility present opening to widen into 2028. Cantor besides believes that the leading-edge foundry and logic is the superior wafer fab instrumentality maturation driver, with the bulk of caller wafer commencement investments successful 2026 and 2027 successful AI-driven logic.

Morgan Stanley Raises Lam Research (LRCX) Valuation connected Strong DRAM Investment Forecast

Lam Research Corporation (NASDAQ:LRCX) besides received a standing update from Oppenheimer connected June 15, with the steadfast lifting the terms people connected the banal to $400 from $330 and reiterating an Outperform standing connected the shares. The steadfast stated that its Lam autobus circuit gathering raised assurance that the AI-driven WFE upside remains and is not afloat reflected successful estimates.

Lam Research Corporation (NASDAQ:LRCX) is progressive successful the design, manufacture, refurbishment, marketing, and proviso of semiconductor processing instrumentality that is utilized successful the fabrication of integrated circuits. The company's operations are divided into the pursuing geographical segments: the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan.

While we admit the imaginable of LRCX arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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