Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
294.61
+1.59 (0.54%)
At close: Aug 3, 2026, 4:00 PM EDT
295.67
+1.06 (0.36%)
After-hours: Aug 3, 2026, 6:38 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 "Strong Buy" and an average price target of $368.13. The average 1-year stock price forecast is 24.96% higher than the current stock price, while the lowest is $290 (-1.56%) and the highest is $500 (+69.72%).

Price Target: $368.13 (+24.96%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$290$368.13$360$500
Change-1.56%+24.96%+22.20%+69.72%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy242424252525
Buy333445
Hold897655
Sell101100
Strong Sell000010
Total363635363535

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Evercore ISI
Evercore ISI
Buy
Maintains
$355$275
BuyMaintains$355$275-6.66%Jul 30, 2026
B. Riley Securities
B. Riley Securities
Buy
Maintains
$385$350
BuyMaintains$385$350+18.80%Jul 30, 2026
Oppenheimer
Oppenheimer
Buy
Maintains
$400
BuyMaintains$400+35.77%Jul 30, 2026
Deutsche Bank
Deutsche Bank
Buy
Maintains
$385$320
BuyMaintains$385$320+8.62%Jul 30, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$500
BuyReiterates$500+69.72%Jul 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
34.75B
from 23.23B
Increased by 49.59%
Revenue Next Year
40.13B
from 34.75B
Increased by 15.48%
EPS This Year
9.48
from 5.82
Increased by 62.82%
EPS Next Year
11.58
from 9.48
Increased by 22.15%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 26, 2022Jun 25, 2023Jun 30, 2024Jun 29, 2025Jun 28, 2026Jun 30, 2027
Revenue
17.23B17.43B14.91B18.44B23.23B34.75B
Revenue Growth
17.78%1.17%-14.48%23.68%26.02%49.59%
Gross Profit
7.87B7.86B7.10B8.98B11.73B18.07B
Gross Margin
45.69%45.07%47.61%48.71%50.47%51.98%
Operating Income
5.38B5.30B4.33B5.90B8.20B13.81B
Net Income
4.61B4.51B3.83B5.36B7.27B11.76B
EPS
----5.829.48
EPS Growth
----40.58%62.82%
Forward PE
12.4225.8131.6523.7050.2131.09
Dividend / Share
0.600.690.800.921.041.15
Dividend Growth
-15.00%15.94%15.00%13.04%10.91%
Free Cash Flow
1.62B3.67B3.36B4.42B3.28B9.18B
No. Analysts
-----27
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High37.3B
Avg34.8B
Low32.4B

Revenue Growth

Revenue Growth202720282029
High
60.6%
Avg
49.6%
Low
39.7%

EPS Forecast

EPS202720282029
High10.82
Avg9.48
Low8.44

EPS Growth

EPS Growth202720282029
High
85.9%
Avg
62.8%
Low
45.0%