Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
350.33
-2.84 (-0.80%)
At close: Jul 10, 2026, 4:00 PM EDT
339.32
-11.01 (-3.14%)
Pre-market: Jul 13, 2026, 7:28 AM EDT
Lam Research Stock Forecast
Stock Price Forecast
According to 35 analysts polled by S&P Global, Lam Research stock has a consensus rating of "Strong Buy" and an average price target of $361. The average 1-year stock price forecast is 3.05% higher than the current stock price, while the lowest is $220 (-37.20%) and the highest is $500 (+42.72%).
Price Target: $361 (+3.05%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Lam Research stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 24 | 24 | 24 | 25 | 25 | 25 |
| Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Hold | 8 | 9 | 7 | 6 | 5 | 5 |
| Sell | 1 | 0 | 1 | 1 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 0 |
| Total | 36 | 36 | 35 | 36 | 35 | 35 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Buy Maintains $300 → $390 | Buy | Maintains | $300 → $390 | +11.32% | Jul 10, 2026 |
| Stifel Nicolaus | Stifel Nicolaus | Buy Reiterates $325 → $425 | Buy | Reiterates | $325 → $425 | +21.31% | Jul 10, 2026 |
| TD Cowen | TD Cowen | Buy Maintains $340 → $400 | Buy | Maintains | $340 → $400 | +14.18% | Jul 9, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Reiterates $404 | Buy | Reiterates | $404 | +15.32% | Jul 9, 2026 |
| Mizuho Securities | Mizuho Securities | Buy Reiterates $380 → $400 | Buy | Reiterates | $380 → $400 | +14.18% | Jul 8, 2026 |
Financial Forecast
Revenue This Year
23.20B
from 18.44B
Increased by 25.83%
Revenue Next Year
30.75B
from 23.20B
Increased by 32.56%
EPS This Year
5.68
from 4.14
Increased by 37.24%
EPS Next Year
8.06
from 5.68
Increased by 41.86%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 23.5B | ||
| Avg | 23.2B | ||
| Low | 23.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 27.3% | ||
| Avg | 25.8% | ||
| Low | 25.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 5.80 | ||
| Avg | 5.68 | ||
| Low | 5.48 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 40.0% | ||
| Avg | 37.2% | ||
| Low | 32.4% |