Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
260.92
+4.20 (1.64%)
May 4, 2026, 10:15 AM EDT - Market open
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 $260.79, which forecasts a -0.05% decrease in the stock price over the next year. The lowest target is $115 and the highest is $350.
Price Target: $260.79 (-0.05%)
Analyst Consensus: Strong Buy
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 11 | 11 | 11 | 11 | 11 |
| Buy | 8 | 8 | 10 | 10 | 10 | 10 |
| Hold | 7 | 6 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 25 | 25 | 25 | 25 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $300 → $315 | Buy | Maintains | $300 → $315 | +20.73% | Apr 23, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $290 → $310 | Buy | Maintains | $290 → $310 | +18.81% | Apr 23, 2026 |
| TD Cowen | TD Cowen | Strong Buy Maintains $290 → $340 | Strong Buy | Maintains | $290 → $340 | +30.31% | Apr 23, 2026 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $320 | Buy | Reiterates | $320 | +22.64% | Apr 23, 2026 |
| Citigroup | Citigroup | Strong Buy Maintains $300 → $315 | Strong Buy | Maintains | $300 → $315 | +20.73% | Apr 23, 2026 |
Financial Forecast
Revenue This Year
22.99B
from 18.44B
Increased by 24.69%
Revenue Next Year
28.82B
from 22.99B
Increased by 25.37%
EPS This Year
5.42
from 4.15
Increased by 30.60%
EPS Next Year
7.09
from 5.42
Increased by 30.74%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 26.6B | 38.3B | |||
| Avg | 23.0B | 28.8B | |||
| Low | 21.0B | 21.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 44.2% | 66.5% | |||
| Avg | 24.7% | 25.4% | |||
| Low | 13.8% | -7.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 5.73 | 8.55 | |||
| Avg | 5.42 | 7.09 | |||
| Low | 4.76 | 4.90 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 38.1% | 57.7% | |||
| Avg | 30.6% | 30.7% | |||
| Low | 14.8% | -9.6% |
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 sources.