Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
314.00
+3.47 (1.12%)
At close: Aug 21, 2026, 4:00 PM EDT
307.72
-6.28 (-2.00%)
Pre-market: Aug 24, 2026, 5:00 AM 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 $368.94. The average 1-year stock price forecast is 17.50% higher than the current stock price, while the lowest is $290 (-7.64%) and the highest is $500 (+59.24%).

Price Target: $368.94 (+17.50%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$290$368.94$367$500
Change-7.64%+17.50%+16.88%+59.24%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy242425252525
Buy334444
Hold976566
Sell011000
Strong Sell000100
Total363536353535

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
TD Cowen
TD Cowen
Buy
Reiterates
$400$700
BuyReiterates$400$700+122.93%Aug 14, 2026
Bernstein
Bernstein
Buy
Maintains
$360$385
BuyMaintains$360$385+22.61%Aug 11, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$340
BuyMaintains$340+8.28%Aug 5, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
n/a
BuyMaintainsn/an/aAug 4, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$355$275
BuyMaintains$355$275-12.42%Jul 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
34.76B
from 23.23B
Increased by 49.63%
Revenue Next Year
40.23B
from 34.76B
Increased by 15.74%
EPS This Year
9.46
from 5.82
Increased by 62.54%
EPS Next Year
11.56
from 9.46
Increased by 22.17%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 26, 2022Jun 25, 2023Jun 30, 2024Jun 29, 2025Jun 28, 2026Jun 30, 2027
Revenue
17.23B17.43B14.91B18.44B23.23B34.76B
Revenue Growth
17.78%1.17%-14.48%23.68%26.02%49.63%
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
5.38B5.30B4.33B5.90B8.20B13.82B
Net Income
4.61B4.51B3.83B5.36B7.27B11.76B
EPS
----5.829.46
EPS Growth
----40.58%62.54%
Forward PE
12.4225.8131.6523.7050.2133.19
Dividend / Share
0.600.690.800.921.041.15
Dividend Growth
15.38%15.00%15.94%15.00%13.04%10.91%
Free Cash Flow
1.62B3.67B3.36B4.42B3.09B9.18B
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
Avg9.46
Low8.44

EPS Growth

EPS Growth202720282029
High
85.9%
Avg
62.5%
Low
45.0%