Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
305.35
+3.11 (1.03%)
At close: May 22, 2026, 4:00 PM EDT
303.92
-1.43 (-0.47%)
After-hours: May 22, 2026, 7:59 PM EDT
Lam Research Stock Forecast
Stock Price Forecast
According to 36 analysts polled by S&P Global, Lam Research stock has a consensus rating of "Buy" and an average price target of $312.13. The average 1-year stock price forecast is 2.22% higher than the current stock price, while the lowest is $220 (-27.95%) and the highest is $385 (+26.08%).
Price Target: $312.13 (+2.22%)
Analyst Consensus: Buy
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
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 11 | 11 | 11 | 11 | 12 |
| Buy | 8 | 10 | 10 | 10 | 10 | 11 |
| Hold | 6 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 25 | 25 | 25 | 25 | 25 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $293 → $331 | Hold → Buy | Upgrades | $293 → $331 | +8.40% | May 18, 2026 |
| Seaport Global | Seaport Global | Strong Buy Initiates $300 | Strong Buy | Initiates | $300 | -1.75% | May 5, 2026 |
| JP Morgan | JP Morgan | Buy Maintains $300 → $315 | Buy | Maintains | $300 → $315 | +3.16% | Apr 23, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $290 → $310 | Buy | Maintains | $290 → $310 | +1.52% | Apr 23, 2026 |
| TD Cowen | TD Cowen | Strong Buy Maintains $290 → $340 | Strong Buy | Maintains | $290 → $340 | +11.35% | Apr 23, 2026 |
Financial Forecast
Revenue This Year
23.73B
from 18.44B
Increased by 28.70%
Revenue Next Year
30.85B
from 23.73B
Increased by 30.02%
EPS This Year
5.83
from 4.15
Increased by 40.55%
EPS Next Year
8.04
from 5.83
Increased by 37.76%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 28.0B | 35.3B | |||
| Avg | 23.7B | 30.9B | |||
| Low | 22.1B | 27.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 51.8% | 48.9% | |||
| Avg | 28.7% | 30.0% | |||
| Low | 19.7% | 15.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 7.11 | 9.65 | |||
| Avg | 5.83 | 8.04 | |||
| Low | 5.48 | 7.10 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 71.3% | 65.4% | |||
| Avg | 40.6% | 37.8% | |||
| Low | 32.0% | 21.8% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.