Lam Research Stock Declines for Fourth Day in a Row with $769.42 Million in Trading Volume

On May 19, 2025, Lam Research (LRCX) experienced a decline of 0.72%, marking its fourth consecutive day of losses, with a total decrease of 1.68% over the past four days. The stock's trading volume for the day was approximately $769.42 million, with 9 million shares exchanged.

Analysts have expressed a generally positive outlook on Lam Research. The overall analyst rating is Strong Buy, with a median forecast implying a 6.6% upside. Berenberg has increased its price target for LRCX from $90 to $105, maintaining a Buy recommendation. Susquehanna also raised its rating for Lam Research from neutral to positive and increased its price target from $75.00 to $125.00.

Lam Research's stock is currently trading at $83.82, and analysts anticipate further upside due to the company's strengths in 3D DRAM and advanced packaging technologies. The stock has shown volatility, with a daily average movement of 2.61% over the past week. Despite the recent decline, the stock remains in the upper part of a wide and falling trend, which may present a selling opportunity for short-term traders.

Technical indicators suggest that Lam Research holds buy signals from both short and long-term moving averages, as well as from the 3-month Moving Average Convergence Divergence (MACD). However, there are also some negative signals, including a sell signal from a pivot top point on May 13, 2025. The stock is considered high risk due to its volatility and overbought status on the RSI14 indicator.

For the upcoming trading day on May 20, 2025, Lam Research is expected to open at $83.60 and move between $80.88 and $86.76, with a possible trading interval of +/-$2.94 (+/-3.50%) from the last closing price. Given the current technical picture, Lam Research is considered a hold or accumulate candidate, with a current score of -0.392, downgraded from a Buy to a Hold/Accumulate candidate.