Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
369.34
-19.58 (-5.03%)
At close: Jun 16, 2026, 4:00 PM EDT
369.82
+0.48 (0.13%)
After-hours: Jun 16, 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 $325.56. The average 1-year stock price forecast is 11.85% lower than the current stock price, while the lowest is $220 (-40.43%) and the highest is $425 (+15.07%).

Price Target: $325.56 (-11.85%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$220$325.56$320$425
Change-40.43%-11.85%-13.36%+15.07%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy232424242525
Buy333344
Hold989766
Sell110110
Strong Sell000001
Total363636353636

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Oppenheimer
Oppenheimer
Buy
Maintains
$330$400
BuyMaintains$330$400+8.30%Jun 15, 2026
Barclays
Barclays
Hold
Reiterates
$275$335
HoldReiterates$275$335-9.30%Jun 11, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$320$425
BuyMaintains$320$425+15.07%Jun 10, 2026
UBS
UBS
Buy
Reiterates
$310$375
BuyReiterates$310$375+1.53%Jun 9, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$275$300
BuyMaintains$275$300-18.77%Jun 4, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
23.18B
from 18.44B
Increased by 25.73%
Revenue Next Year
30.51B
from 23.18B
Increased by 31.62%
EPS This Year
5.68
from 4.14
Increased by 37.08%
EPS Next Year
7.97
from 5.68
Increased by 40.38%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 27, 2021Jun 26, 2022Jun 25, 2023Jun 30, 2024Jun 29, 2025Jun 30, 2026
Revenue
14.63B17.23B17.43B14.91B18.44B23.18B
Revenue Growth
45.61%17.78%1.17%-14.48%23.68%25.73%
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
4.48B5.38B5.30B4.33B5.90B8.17B
Net Income
3.91B4.61B4.51B3.83B5.36B7.10B
EPS
----4.145.68
EPS Growth
----36.63%37.08%
Forward PE
19.7512.4225.8131.6523.7065.08
Dividend / Share
0.520.600.690.800.921.03
Dividend Growth
-15.38%15.00%15.94%15.00%12.08%
Free Cash Flow
2.27B1.62B3.67B3.36B4.42B5.47B
No. Analysts
-----33
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
25.7%
Low
25.1%

EPS Forecast

EPS202620272028
High5.79
Avg5.68
Low5.48

EPS Growth

EPS Growth202620272028
High
39.9%
Avg
37.1%
Low
32.4%