Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
221.31
+20.87 (10.41%)
At close: Nov 9, 2026, 4:00 PM EST
215.24
-6.07 (-2.74%)
Pre-market: Nov 10, 2026, 8:48 AM EST

Lam Research Stock Forecast

Stock Price Forecast

According to 34 analysts polled by S&P Global, Lam Research stock has a consensus rating of "Strong Buy" and an average price target of $363.03. The average 1-year stock price forecast is 64.04% higher than the current stock price, while the lowest is $255 (+15.22%) and the highest is $500 (+125.93%).

Price Target: $363.03 (+64.04%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$255$363.03$352.5$500
Change+15.22%+64.04%+59.28%+125.93%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy252525252525
Buy444445
Hold656664
Sell100000
Strong Sell010000
Total363535353534

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
B. Riley Securities
B. Riley Securities
Buy
Maintains
$338 → $310
BuyMaintains$338 → $310+40.08%Nov 9, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
n/a
BuyMaintainsn/an/aNov 9, 2026
Bernstein
Bernstein
Buy
Maintains
$350
BuyMaintains$350+58.15%Nov 2, 2026
DBS
DBS
Buy
Maintains
$416
BuyMaintains$416+87.97%Oct 23, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$380
BuyMaintains$380+71.70%Oct 22, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
35.39B
from 23.23B
Increased by 52.35%
Revenue Next Year
42.60B
from 35.39B
Increased by 20.36%
EPS This Year
9.65
from 5.82
Increased by 65.81%
EPS Next Year
12.24
from 9.65
Increased by 26.80%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 26, 2022Jun 25, 2023Jun 30, 2024Jun 29, 2025Jun 28, 2026Jun 30, 2027
Revenue
17.23B17.43B14.91B18.44B23.23B35.39B
Revenue Growth
17.78%1.17%-14.48%23.68%26.02%52.35%
Gross Profit
7.87B7.86B7.10B8.98B11.73B18.58B
Gross Margin
45.69%45.07%47.61%48.71%50.47%52.50%
Operating Income
5.38B5.30B4.33B5.90B8.20B14.37B
Net Income
4.61B4.51B3.83B5.36B7.27B11.96B
EPS
----5.829.65
EPS Growth
----40.58%65.81%
Forward PE
12.4225.8131.6523.7050.2022.93
Dividend / Share
0.600.690.800.921.041.26
Dividend Growth
15.38%15.00%15.94%15.00%13.04%21.43%
Free Cash Flow
----4.89B10.48B
No. Analysts
-----30
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High36.7B
Avg35.4B
Low34.5B

Revenue Growth

Revenue Growth202720282029
High
57.9%
Avg
52.3%
Low
48.7%

EPS Forecast

EPS202720282029
High10.30
Avg9.65
Low9.20

EPS Growth

EPS Growth202720282029
High
76.9%
Avg
65.8%
Low
58.1%