Lam Research Stock Forecast

Stock Price Forecast

The 24 analysts that cover Lam Research stock have a consensus rating of "Strong Buy" and an average price target of $236.67, which forecasts a 2.33% increase in the stock price over the next year. The lowest target is $115 and the highest is $325.

Price Target: $236.67 (+2.33%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$115	$236.67	$260	$325
Change	-50.28%	+2.33%	+12.41%	+40.52%

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

Rating	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	10	11	11	11	11	11
Buy	9	8	8	8	8	10
Hold	6	7	7	7	6	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	25	26	26	26	25	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Moore Morgan Stanley	Morgan Stanley	Hold Maintains $211 → $244	Hold	Maintains	$211 → $244	+5.50%	Jan 29, 2026
Toshiya Hari Goldman Sachs	Goldman Sachs	Strong Buy Maintains $180 → $262	Strong Buy	Maintains	$180 → $262	+13.28%	Jan 29, 2026
Harlan Sur JP Morgan	JP Morgan	Buy Maintains $165 → $300	Buy	Maintains	$165 → $300	+29.71%	Jan 29, 2026
Timothy Arcuri UBS	UBS	Strong Buy Maintains $255 → $275	Strong Buy	Maintains	$255 → $275	+18.90%	Jan 29, 2026
Atif Malik Citigroup	Citigroup	Strong Buy Maintains $265 → $300	Strong Buy	Maintains	$265 → $300	+29.71%	Jan 29, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

22.60B

from 18.44B

22.59%

from 18.44B

Revenue Next Year

27.60B

from 22.60B

22.13%

from 22.60B

EPS This Year

5.35

from 4.15

28.92%

from 4.15

EPS Next Year

6.88

from 5.35

28.54%

from 5.35

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	22.60B	27.60B
Revenue Growth	45.61%	17.78%	1.17%	-14.48%	23.68%	22.59%	22.13%
EPS	2.69	3.28	3.32	2.90	4.15	5.35	6.88
EPS Growth	78.15%	21.75%	1.37%	-12.65%	43.10%	28.92%	28.54%
Forward PE	-	-	-	-	-	43.23	33.63
No. Analysts	-	-	-	-	-	38	38

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

Revenue Forecast

Revenue	2026	2027
High	23.9B	33.2B
Avg	22.6B	27.6B
Low	19.7B	21.3B

Revenue Growth

Revenue Growth	2026	2027
High	29.4%	47.0%
Avg	22.6%	22.1%
Low	7.1%	-6.0%

EPS Forecast

EPS	2026	2027
High	5.73	8.82
Avg	5.35	6.88
Low	4.61	4.90

EPS Growth

EPS Growth	2026	2027
High	38.1%	64.9%
Avg	28.9%	28.5%
Low	11.0%	-8.4%

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.