Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
326.13
-24.07 (-6.87%)
At close: Jul 7, 2026, 4:00 PM EDT
322.59
-3.54 (-1.09%)
After-hours: Jul 7, 2026, 7:59 PM EDT

Lam Research Stock Forecast

Stock Price Forecast

According to 35 analysts polled by S&P Global, Lam Research stock has a consensus rating of "Buy" and an average price target of $353.9. The average 1-year stock price forecast is 8.52% higher than the current stock price, while the lowest is $220 (-32.54%) and the highest is $500 (+53.31%).

Price Target: $353.9 (+8.52%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$220$353.9$335$500
Change-32.54%+8.52%+2.72%+53.31%

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

RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy242424252525
Buy333444
Hold897655
Sell101100
Strong Sell000011
Total363635363535

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Buy
Maintains
$290$380
BuyMaintains$290$380+16.52%Jul 6, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$331$404
BuyMaintains$331$404+23.88%Jul 6, 2026
Bernstein
Bernstein
Buy
Maintains
$340
BuyMaintains$340+4.25%Jul 1, 2026
Susquehanna
Susquehanna
Buy
Maintains
$385$475
BuyMaintains$385$475+45.65%Jun 30, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$425$500
BuyMaintains$425$500+53.31%Jun 29, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
23.19B
from 18.44B
Increased by 25.80%
Revenue Next Year
30.66B
from 23.19B
Increased by 32.22%
EPS This Year
5.68
from 4.14
Increased by 37.20%
EPS Next Year
8.03
from 5.68
Increased by 41.38%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 27, 2021Jun 26, 2022Jun 25, 2023Jun 30, 2024Jun 29, 2025Jun 30, 2026
Revenue
14.63B17.23B17.43B14.91B18.44B23.19B
Revenue Growth
45.61%17.78%1.17%-14.48%23.68%25.80%
Gross Profit
6.81B7.87B7.86B7.10B8.98B11.63B
Gross Margin
46.53%45.69%45.07%47.61%48.71%50.17%
Operating Income
4.48B5.38B5.30B4.33B5.90B8.18B
Net Income
3.91B4.61B4.51B3.83B5.36B7.10B
EPS
----4.145.68
EPS Growth
----36.63%37.20%
Forward PE
19.7512.4225.8131.6523.7057.42
Dividend / Share
0.520.600.690.800.921.03
Dividend Growth
-15.38%15.00%15.94%15.00%12.32%
Free Cash Flow
2.27B1.62B3.67B3.36B4.42B5.51B
No. Analysts
-----32
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High23.5B
Avg23.2B
Low23.1B

Revenue Growth

Revenue Growth202620272028
High
27.3%
Avg
25.8%
Low
25.1%

EPS Forecast

EPS202620272028
High5.80
Avg5.68
Low5.48

EPS Growth

EPS Growth202620272028
High
40.0%
Avg
37.2%
Low
32.4%