Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
149.15
+3.34 (2.29%)
At close: Oct 6, 2025, 4:00 PM EDT
149.08
-0.07 (-0.05%)
After-hours: Oct 6, 2025, 7:59 PM EDT

Lam Research Stock Forecast

Stock Price Forecast

The 24 analysts that cover Lam Research stock have a consensus rating of "Buy" and an average price target of $114.04, which forecasts a -23.54% decrease in the stock price over the next year. The lowest target is $83 and the highest is $160.

Price Target: $114.04 (-23.54%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$83$114.04$115$160
Change-44.35%-23.54%-22.90%+7.27%

Analyst Ratings

The average analyst rating for Lam Research stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingMay '25Jun '25Jul '25Aug '25Sep '25Oct '25
Strong Buy101010101111
Buy888988
Hold777677
Sell000000
Strong Sell000000
Total252525252626

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
HSBC
HSBC
Hold
Initiates
$127
HoldInitiates$127-14.85%Sep 30, 2025
Deutsche Bank
Deutsche Bank
Strong Buy
Upgrades
$100$150
Strong BuyUpgrades$100$150+0.57%Sep 29, 2025
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$130$160
Strong BuyMaintains$130$160+7.27%Sep 24, 2025
Keybanc
Keybanc
Hold
Downgrades
n/a
HoldDowngradesn/an/aSep 23, 2025
Morgan Stanley
Morgan Stanley
Hold
Upgrades
$92$125
HoldUpgrades$92$125-16.19%Sep 22, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
20.40B
from 18.44B
Increased by 10.65%
Revenue Next Year
22.33B
from 20.40B
Increased by 9.44%
EPS This Year
4.58
from 4.15
Increased by 10.33%
EPS Next Year
5.22
from 4.58
Increased by 14.10%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 27, 2021Jun 26, 2022Jun 25, 2023Jun 30, 2024Jun 29, 2025Jun 30, 2026Jun 30, 2027
Revenue
14.63B17.23B17.43B14.91B18.44B20.40B22.33B
Revenue Growth
45.61%17.78%1.17%-14.48%23.68%10.65%9.44%
EPS
2.693.283.322.904.154.585.22
EPS Growth
78.15%21.75%1.37%-12.65%43.10%10.33%14.10%
Forward PE
-----32.5828.55
No. Analysts
-----3426
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High21.9B24.6B
Avg20.4B22.3B
Low18.1B19.5B

Revenue Growth

Revenue Growth20262027202820292030
High
18.8%
20.8%
Avg
10.7%
9.4%
Low
-2.1%
-4.6%

EPS Forecast

EPS2026202720282029
High5.155.88
Avg4.585.22
Low3.984.03

EPS Growth

EPS Growth2026202720282029
High
24.0%
28.4%
Avg
10.3%
14.1%
Low
-4.1%
-12.0%
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.