Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
77.66
-0.33 (-0.42%)
Mar 25, 2025, 4:00 PM EST - Market closed

Lam Research Stock Forecast

Stock Price Forecast

The 21 analysts with 12-month price forecasts for Lam Research stock have an average target of 97.3, with a low estimate of 75 and a high estimate of 125. The average target predicts an increase of 25.29% from the current stock price of 77.66.

Analyst Consensus: Buy
Target Low Average Median High
Price $75 $97.3 $95 $125
Change -3.43% +25.29% +22.33% +60.96%
* Price targets were last updated on Feb 20, 2025.

Analyst Ratings

The average analyst rating for Lam Research stock from 22 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 988888
Buy 444677
Hold 677877
Sell 000000
Strong Sell 000000
Total 191919222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Susquehanna
Susquehanna
Buy
Upgrades
$75$125
Buy Upgrades $75$125 +60.96% Feb 20, 2025
Mizuho
Mizuho
Buy
Maintains
$87$100
Buy Maintains $87$100 +28.77% Feb 20, 2025
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$100
Buy Reiterates $100 +28.77% Feb 20, 2025
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$100
Buy Maintains $100 +28.77% Feb 18, 2025
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Upgrades
$95$100
Buy Upgrades $95$100 +28.77% Jan 30, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
18.17B
from 14.91B
Increased by 21.92%
Revenue Next Year
18.78B
from 18.17B
Increased by 3.34%
EPS This Year
3.84
from 2.90
Increased by 32.36%
EPS Next Year
3.96
from 3.84
Increased by 3.06%
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
10.04B14.63B17.23B17.43B14.91B18.17B18.78B21.52B
Revenue Growth
4.05%45.61%17.78%1.17%-14.48%21.92%3.34%14.60%
EPS
1.512.693.283.322.903.843.964.81
EPS Growth
10.22%78.15%21.75%1.41%-12.68%32.36%3.06%21.66%
Forward PE
-----20.2319.6316.14
No. Analysts -----333119
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 19.4B 21.3B 26.7B
Avg 18.2B 18.8B 21.5B
Low 17.2B 16.3B 18.0B

Revenue Growth

Revenue Growth 20252026202720282029
High
30.0%
17.5%
41.9%
Avg
21.9%
3.3%
14.6%
Low
15.2%
-10.4%
-4.1%

EPS Forecast

EPS 20252026202720282029
High 4.15 4.66 5.96
Avg 3.84 3.96 4.81
Low 3.57 3.23 3.89

EPS Growth

EPS Growth 20252026202720282029
High
43.0%
21.5%
50.8%
Avg
32.4%
3.1%
21.7%
Low
23.0%
-15.7%
-1.7%
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.