Lam Research Trading Volume Drops 27.81% to 7.83 Billion Shares Ranking 78th in Market

On June 17, 2025, Lam Research (LRCX) experienced a significant decline, with its trading volume dropping by 27.81% to 7.83 billion, placing it at the 78th position in the day's market rankings. The stock price fell by 0.80%.

Oppenheimer has raised its price target for Lam Research from $80 to $110, maintaining an "outperform" rating. This adjustment reflects the firm's optimism about the company's future performance.

Edward Yang, an analyst at Oppenheimer, reiterated his "outperform" ratings on Lam Research, highlighting the company's strong outlook in the semiconductor equipment sector.

Analysts have provided deeper insights into Lam Research's 12-month price targets, with an average target of $89.37 and a high estimate of $110.00. This indicates a generally positive sentiment towards the stock's future performance.

Lam Research is also making strides in technological innovation, with the development of new solid-state plasma etching technology. This advancement is expected to enhance the company's competitive position in the market.