Lam Research (LRCX) Plunges 3.15% on Institutional Sell-Off, Downgrade

Generated by AI AgentAinvest Pre-Market Radar
Tuesday, Sep 2, 2025 5:24 am ET1min read
LRCX
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Aime RobotAime Summary

- Lam Research's stock fell 3.15% pre-market due to institutional sell-offs and a Morgan Stanley downgrade.

- The downgrade cited weak 2026 outlook and slowing growth in China/NAND memory markets.

- Bernstein raised its price target to $105, maintaining optimism about long-term prospects despite short-term volatility.

- Institutional holdings reductions by OMERS/Synovus signaled broader market caution about the company's trajectory.

On September 2, 2025, Lam Research's stock experienced a 3.15% drop in pre-market trading, reflecting investor sentiment and market dynamics.

Lam Research's recent stock decline can be attributed to several factors. Institutional investors, including OMERS and Synovus, have reduced their holdings in the company, which may signal broader market concerns. Additionally,

Morgan Stanley
downgraded
Lam Research
to underweight, citing a weak outlook for 2026 and a projected slowdown in growth drivers, particularly in China and the NAND memory markets.

Despite these challenges, Bernstein recently raised its price target for Lam Research from $95 to $105, maintaining an Outperform rating. This suggests that while short-term volatility may persist, there is still optimism about the company's long-term prospects.

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