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 $370.87. The average 1-year stock price forecast is 24.45% higher than the current stock price, while the lowest is $290 (-2.69%) and the highest is $500 (+67.78%).

Price Target: $370.87 (+24.45%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$290	$370.87	$367	$500
Change	-2.69%	+24.45%	+23.15%	+67.78%

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

Chart

Rating	Apr '26	May '26	Jun '26	Jul '26	Aug '26	Sep '26
Strong Buy	24	25	25	25	25	25
Buy	3	4	4	4	4	4
Hold	7	6	5	6	6	6
Sell	1	1	0	0	0	0
Strong Sell	0	0	1	0	0	0
Total	35	36	35	35	35	35

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tammy Qiu Berenberg Bank	Berenberg Bank	Buy Maintains $350 → $420	Buy	Maintains	$350 → $420	+40.93%	Sep 9, 2026
Mehdi Hosseini Susquehanna	Susquehanna	Buy Reiterates n/a	Buy	Reiterates	n/a	n/a	Sep 5, 2026
Stacy Rasgon Bernstein	Bernstein	Buy Maintains $385	Buy	Maintains	$385	+29.19%	Sep 3, 2026
Timothy Arcuri UBS	UBS	Buy Maintains $435 → $425	Buy	Maintains	$435 → $425	+42.61%	Sep 1, 2026
Vijay Rakesh Mizuho Securities	Mizuho Securities	Buy Reiterates $370 → $365	Buy	Reiterates	$370 → $365	+22.48%	Aug 25, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

34.82B

from 23.23B

49.89%

from 23.23B

Revenue Next Year

40.96B

from 34.82B

17.61%

from 34.82B

EPS This Year

9.47

from 5.82

62.70%

from 5.82

EPS Next Year

11.65

from 9.47

23.05%

from 9.47

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 26, 2022	Jun 25, 2023	Jun 30, 2024	Jun 29, 2025	Jun 28, 2026	Jun 30, 2027
Revenue	17.23B	17.43B	14.91B	18.44B	23.23B	34.82B
Revenue Growth	17.78%	1.17%	-14.48%	23.68%	26.02%	49.89%
Gross Profit	7.87B	7.86B	7.10B	8.98B	11.73B	18.12B
Gross Margin	45.69%	45.07%	47.61%	48.71%	50.47%	52.04%
Operating Income	5.38B	5.30B	4.33B	5.90B	8.20B	13.83B
Net Income	4.61B	4.51B	3.83B	5.36B	7.27B	11.79B
EPS	-	-	-	-	5.82	9.47
EPS Growth	-	-	-	-	40.58%	62.70%
Forward PE	12.42	25.81	31.65	23.70	50.21	31.47
Dividend / Share	0.60	0.69	0.80	0.92	1.04	1.14
Dividend Growth	15.38%	15.00%	15.94%	15.00%	13.04%	9.86%
Free Cash Flow	1.62B	3.67B	3.36B	4.42B	3.09B	9.19B
No. Analysts	-	-	-	-	-	28

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	37.3B
Avg	34.8B
Low	32.4B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	60.6%
Avg	49.9%
Low	39.7%

EPS Forecast

Chart

EPS	2027	2028	2029
High	10.82
Avg	9.47
Low	8.44

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	85.9%
Avg	62.7%
Low	45.0%