Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
73.91
-0.61 (-0.82%)
May 5, 2025, 4:00 PM EDT - Market closed
Lam Research Stock Forecast
Stock Price Forecast
The 23 analysts with 12-month price forecasts for Lam Research stock have an average target of 92.75, with a low estimate of 70 and a high estimate of 125. The average target predicts an increase of 25.49% from the current stock price of 73.91.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Lam Research stock from 24 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 8 | 9 | 10 |
| Buy | 4 | 4 | 6 | 7 | 7 | 8 |
| Hold | 7 | 7 | 8 | 7 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 22 | 22 | 22 | 24 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $96 → $80 | Strong Buy | Maintains | $96 → $80 | +8.24% | Apr 24, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $81 → $82 | Hold | Maintains | $81 → $82 | +10.95% | Apr 24, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $90 | Buy | Reiterates | $90 | +21.77% | Apr 24, 2025 |
| TD Securities | TD Securities | Strong Buy Maintains $110 → $100 | Strong Buy | Maintains | $110 → $100 | +35.30% | Apr 24, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $85 → $75 | Hold | Maintains | $85 → $75 | +1.47% | Apr 24, 2025 |
Financial Forecast
Revenue This Year
18.12B
from 14.91B
Increased by 21.55%
Revenue Next Year
18.53B
from 18.12B
Increased by 2.25%
EPS This Year
3.83
from 2.90
Increased by 32.08%
EPS Next Year
3.91
from 3.83
Increased by 2.11%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 18.9B | 20.4B | 23.9B | ||
| Avg | 18.1B | 18.5B | 20.7B | ||
| Low | 17.2B | 16.3B | 17.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 26.6% | 12.8% | 29.1% | ||
| Avg | 21.6% | 2.2% | 11.5% | ||
| Low | 15.2% | -10.1% | -6.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.15 | 4.66 | 5.42 | ||
| Avg | 3.83 | 3.91 | 4.66 | ||
| Low | 3.57 | 3.21 | 3.76 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 43.0% | 21.7% | 38.5% | ||
| Avg | 32.1% | 2.1% | 19.2% | ||
| Low | 23.0% | -16.3% | -3.8% |
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.