Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
78.31
+2.86 (3.79%)
At close: Oct 29, 2024, 4:00 PM
78.20
-0.11 (-0.14%)
After-hours: Oct 29, 2024, 7:59 PM EDT

Lam Research Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Lam Research stock have an average target of 95.79, with a low estimate of 76 and a high estimate of 120. The average target predicts an increase of 22.32% from the current stock price of 78.31.

Analyst Consensus: Buy
Target Low Average Median High
Price $76 $95.79 $95 $120
Change -2.95% +22.32% +21.31% +53.24%

Analyst Ratings

The average analyst rating for Lam Research stock from 19 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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 10101011109
Buy 444444
Hold 777666
Sell 000000
Strong Sell 000000
Total 212121212019

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Reiterates
$100
Hold Reiterates $100 +27.70% Oct 24, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$77$76
Hold Maintains $77$76 -2.95% Oct 24, 2024
Stifel
Stifel
Strong Buy
Reiterates
$105$100
Strong Buy Reiterates $105$100 +27.70% Oct 24, 2024
Wells Fargo
Wells Fargo
Hold
Maintains
$88$85
Hold Maintains $88$85 +8.54% Oct 24, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Reiterates
$105$110
Strong Buy Reiterates $105$110 +40.47% Oct 24, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
17.78B
from 14.91B
Increased by 19.29%
Revenue Next Year
21.09B
from 17.78B
Increased by 18.59%
EPS This Year
36.63
from 2.90
Increased by 1,163.20%
EPS Next Year
47.04
from 36.63
Increased by 28.40%
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
10.04B14.63B17.23B17.43B14.91B17.78B21.09B23.01B
Revenue Growth
4.05%45.61%17.78%1.17%-14.48%19.29%18.59%9.13%
EPS
1.512.693.283.322.9036.6347.0452.58
EPS Growth
10.22%78.15%21.75%1.40%-12.68%1,163.20%28.40%11.79%
Forward PE
-----2.141.661.49
No. Analysts -----322412
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 18.9B 23.7B 26.7B
Avg 17.8B 21.1B 23.0B
Low 16.6B 18.2B 19.2B

Revenue Growth

Revenue Growth 2025202620272028
High
26.6%
33.5%
26.4%
Avg
19.3%
18.6%
9.1%
Low
11.6%
2.5%
-9.1%

EPS Forecast

EPS 2025202620272028
High 43.87 55.22 60.76
Avg 36.63 47.04 52.58
Low 33.09 38.54 44.53

EPS Growth

EPS Growth 2025202620272028
High
1,412.7%
50.7%
29.2%
Avg
1,163.2%
28.4%
11.8%
Low
1,041.2%
5.2%
-5.3%
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.