Lam Research Stock Gains 9% in January as Argus Raises Target to $280
Lam Research shares closed at $235.12 on Feb.11 after a 9% month-to-date gain and 185% annual rise, ranking among top contributors in Carillon’s $493.06M Eagle Growth & Income Fund. Argus Research raised its price target to $280, citing AI-driven memory equipment demand and a new multi-year CEA-Leti specialty tech collaboration.
1. Carillon Identifies Lam Research as Top Contributor
Carillon Eagle Growth & Income Fund, with net assets of $493.06 million across 48 holdings, designated Lam Research as a leading contributor in Q4 2025 after shares rose 8.98% in January and 184.52% over the prior twelve months, closing at $235.12 per share on February 11.
2. Argus Research Raises Price Target on Strong Growth Prospects
Argus Research increased its Lam Research price target from $175 to $280 following second-quarter results that topped estimates, highlighting secular trends in generative AI, cloud data centers, vehicle electrification, IoT, robotics and AI-enabled edge devices as catalysts for long-term growth.
3. Multi-Year CEA-Leti Collaboration on Advanced Specialty Technologies
Lam Research and CEA-Leti launched a multi-year agreement to co-develop next-generation specialty technology devices—including MEMS, 3D imaging sensors, photonics, RF solutions and quantum optics—aiming to accelerate development of low-power, high-performance components for artificial intelligence and high-performance computing applications.