Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
68.44
+0.58 (0.85%)
At close: Apr 15, 2025, 4:00 PM
67.59
-0.85 (-1.24%)
After-hours: Apr 15, 2025, 6:29 PM EDT

Lam Research Stock Forecast

Stock Price Forecast

The 22 analysts with 12-month price forecasts for Lam Research stock have an average target of 95.47, with a low estimate of 75 and a high estimate of 125. The average target predicts an increase of 39.49% from the current stock price of 68.44.

Analyst Consensus: Buy
Target Low Average Median High
Price $75 $95.47 $95 $125
Change +9.59% +39.49% +38.81% +82.64%

Analyst Ratings

The average analyst rating for Lam Research stock from 23 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 Nov '24Dec '24Jan '25Feb '25Mar '25Apr '25
Strong Buy 888899
Buy 446778
Hold 778766
Sell 000000
Strong Sell 000000
Total 191922222223

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Strong Buy
Maintains
$100$92
Strong Buy Maintains $100$92 +34.42% Apr 15, 2025
UBS
UBS
Strong Buy
Maintains
$95$90
Strong Buy Maintains $95$90 +31.50% Apr 14, 2025
Oppenheimer
Oppenheimer
Buy
Maintains
$95$80
Buy Maintains $95$80 +16.89% Apr 11, 2025
Jefferies
Jefferies
Strong Buy
Maintains
$95$100
Strong Buy Maintains $95$100 +46.11% Mar 28, 2025
Susquehanna
Susquehanna
Buy
Upgrades
$75$125
Buy Upgrades $75$125 +82.64% Feb 20, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
18.13B
from 14.91B
Increased by 21.60%
Revenue Next Year
18.63B
from 18.13B
Increased by 2.76%
EPS This Year
3.84
from 2.90
Increased by 32.41%
EPS Next Year
3.97
from 3.84
Increased by 3.39%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jun 28, 2020 Jun 27, 2021 Jun 26, 2022 Jun 25, 2023 Jun 30, 2024 Jun 30, 2025 Jun 30, 2026 Jun 30, 2027
Revenue
10.04B14.63B17.23B17.43B14.91B18.13B18.63B20.92B
Revenue Growth
4.05%45.61%17.78%1.17%-14.48%21.60%2.76%12.33%
EPS
1.512.693.283.322.903.843.974.80
EPS Growth
10.22%78.15%21.75%1.41%-12.68%32.41%3.39%21.00%
Forward PE
-----17.8217.2414.25
No. Analysts -----333119
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 18.9B 20.4B 24.0B
Avg 18.1B 18.6B 20.9B
Low 17.2B 16.3B 18.0B

Revenue Growth

Revenue Growth 20252026202720282029
High
26.6%
12.8%
29.0%
Avg
21.6%
2.8%
12.3%
Low
15.2%
-10.1%
-3.4%

EPS Forecast

EPS 20252026202720282029
High 4.15 4.68 5.64
Avg 3.84 3.97 4.80
Low 3.57 3.23 3.89

EPS Growth

EPS Growth 20252026202720282029
High
43.0%
21.8%
42.0%
Avg
32.4%
3.4%
21.0%
Low
23.0%
-15.8%
-2.0%
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.