Lam Research Corporation (LRCX)

Lam Research Stock Forecast

Stock Price Forecast

According to 22 professional analysts, the 12-month price target for Lam Research stock ranges from a low of $70 to a high of $125. The average analyst price target of $92.65 forecasts a 10.38% increase in the stock price over the next year.

Price Target: $92.65 (+10.38%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$70	$92.65	$92	$125
Change	-16.61%	+10.38%	+9.60%	+48.92%

* Price targets were last updated on Apr 24, 2025.

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

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	8	8	8	9	10	10
Buy	4	6	7	7	8	7
Hold	7	8	7	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	22	22	22	24	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Charles Shi Needham	Needham	Strong Buy Maintains $96 → $80	Strong Buy	Maintains	$96 → $80	-4.69%	Apr 24, 2025
Joseph Moore Morgan Stanley	Morgan Stanley	Hold Maintains $81 → $82	Hold	Maintains	$81 → $82	-2.31%	Apr 24, 2025
Matthew Prisco Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $90	Buy	Reiterates	$90	+7.22%	Apr 24, 2025
Krish Sankar TD Securities	TD Securities	Strong Buy Maintains $110 → $100	Strong Buy	Maintains	$110 → $100	+19.13%	Apr 24, 2025
Joseph Quatrochi Wells Fargo	Wells Fargo	Hold Maintains $85 → $75	Hold	Maintains	$85 → $75	-10.65%	Apr 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

18.62B

Increased by 24.94%

from 14.91B

Revenue Next Year

19.07B

Increased by 2.39%

from 18.62B

EPS This Year

4.09

Increased by 41.13%

from 2.90

EPS Next Year

4.10

Increased by 0.29%

from 4.09

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	10.04B	14.63B	17.23B	17.43B	14.91B	18.62B	19.07B	21.21B
Revenue Growth	4.05%	45.61%	17.78%	1.17%	-14.48%	24.94%	2.39%	11.24%
EPS	1.51	2.69	3.28	3.32	2.90	4.09	4.10	4.79
EPS Growth	10.22%	78.15%	21.75%	1.41%	-12.68%	41.13%	0.29%	16.69%
Forward PE	-	-	-	-	-	20.51	20.45	17.52
No. Analysts	-	-	-	-	-	33	33	19

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	19.2B	21.2B	24.1B
Avg	18.6B	19.1B	21.2B
Low	17.7B	17.0B	17.8B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	29.1%	13.8%	26.5%
Avg	24.9%	2.4%	11.2%
Low	18.7%	-8.6%	-6.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	4.26	4.88	5.68
Avg	4.09	4.10	4.79
Low	3.85	3.42	3.90

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	47.0%	19.3%	38.3%
Avg	41.1%	0.3%	16.7%
Low	32.8%	-16.4%	-5.0%

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.