Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
72.64
-0.49 (-0.67%)
At close: Nov 22, 2024, 4:00 PM
72.87
+0.23 (0.32%)
After-hours: Nov 22, 2024, 7:52 PM EST
Lam Research Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Lam Research stock have an average target of 96.67, with a low estimate of 76 and a high estimate of 120. The average target predicts an increase of 33.08% from the current stock price of 72.64.
Analyst Consensus: Buy
* Price targets were last updated on Oct 24, 2024.
Analyst Ratings
The average analyst rating for Lam Research stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 11 | 10 | 9 | 8 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 7 | 7 | 6 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 21 | 20 | 19 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $100 | Hold | Reiterates | $100 | +37.67% | Oct 24, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $77 → $76 | Hold | Maintains | $77 → $76 | +4.63% | Oct 24, 2024 |
| Stifel | Stifel | Strong Buy Reiterates $105 → $100 | Strong Buy | Reiterates | $105 → $100 | +37.67% | Oct 24, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $88 → $85 | Hold | Maintains | $88 → $85 | +17.02% | Oct 24, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $105 → $110 | Strong Buy | Reiterates | $105 → $110 | +51.43% | Oct 24, 2024 |
Financial Forecast
Revenue This Year
17.74B
from 14.91B
Increased by 18.98%
Revenue Next Year
19.98B
from 17.74B
Increased by 12.68%
EPS This Year
3.67
from 2.90
Increased by 26.58%
EPS Next Year
4.36
from 3.67
Increased by 18.68%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 18.9B | 22.3B | 26.7B | |
| Avg | 17.7B | 20.0B | 22.0B | |
| Low | 16.7B | 17.3B | 19.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 26.8% | 25.8% | 33.4% | |
| Avg | 19.0% | 12.7% | 9.9% | |
| Low | 12.2% | -2.7% | -4.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 4.50 | 4.99 | 5.86 | |
| Avg | 3.67 | 4.36 | 4.94 | |
| Low | 3.40 | 3.65 | 3.79 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 55.3% | 35.9% | 34.5% | |
| Avg | 26.6% | 18.7% | 13.4% | |
| Low | 17.3% | -0.7% | -13.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.