Lam Research Stock Forecast

Stock Price Forecast

The 24 analysts that cover Lam Research stock have a consensus rating of "Buy" and an average price target of $143.54, which forecasts a -7.76% decrease in the stock price over the next year. The lowest target is $85 and the highest is $200.

Price Target: $143.54 (-7.76%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$85	$143.54	$150	$200
Change	-45.38%	-7.76%	-3.61%	+28.52%

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	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	10	10	10	10	11	11
Buy	8	8	8	9	8	8
Hold	7	7	7	6	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	25	25	25	25	26	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Timothy Arcuri UBS	UBS	Strong Buy Maintains $155 → $165	Strong Buy	Maintains	$155 → $165	+6.03%	Oct 23, 2025
Harlan Sur JP Morgan	JP Morgan	Buy Maintains $113 → $165	Buy	Maintains	$113 → $165	+6.03%	Oct 23, 2025
Mehdi Hosseini Susquehanna	Susquehanna	Buy Maintains $135 → $200	Buy	Maintains	$135 → $200	+28.52%	Oct 23, 2025
Craig Ellis B. Riley Securities	B. Riley Securities	Strong Buy Maintains $175 → $180	Strong Buy	Maintains	$175 → $180	+15.67%	Oct 23, 2025
Krish Sankar TD Cowen	TD Cowen	Strong Buy Maintains $145 → $170	Strong Buy	Maintains	$145 → $170	+9.24%	Oct 23, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

20.56B

from 18.44B

11.54%

from 18.44B

Revenue Next Year

22.82B

from 20.56B

10.96%

from 20.56B

EPS This Year

4.63

from 4.15

11.55%

from 4.15

EPS Next Year

5.44

from 4.63

17.55%

from 4.63

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 27, 2021	Jun 26, 2022	Jun 25, 2023	Jun 30, 2024	Jun 29, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	14.63B	17.23B	17.43B	14.91B	18.44B	20.56B	22.82B
Revenue Growth	45.61%	17.78%	1.17%	-14.48%	23.68%	11.54%	10.96%
EPS	2.69	3.28	3.32	2.90	4.15	4.63	5.44
EPS Growth	78.15%	21.75%	1.37%	-12.65%	43.10%	11.55%	17.55%
Forward PE	-	-	-	-	-	33.62	28.60
No. Analysts	-	-	-	-	-	35	29

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

Revenue Forecast

Revenue	2026	2027
High	22.1B	26.6B
Avg	20.6B	22.8B
Low	19.0B	19.5B

Revenue Growth

Revenue Growth	2026	2027
High	19.6%	29.4%
Avg	11.5%	11.0%
Low	2.9%	-5.4%

EPS Forecast

EPS	2026	2027
High	5.17	6.84
Avg	4.63	5.44
Low	3.98	4.03

EPS Growth

EPS Growth	2026	2027
High	24.5%	47.7%
Avg	11.6%	17.5%
Low	-4.1%	-13.0%

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.