Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
100.66
-0.13 (-0.13%)
At close: Jul 18, 2025, 4:00 PM
100.84
+0.18 (0.18%)
After-hours: Jul 18, 2025, 6:49 PM EDT

Lam Research Stock Forecast

Stock Price Forecast

The 25 analysts that cover Lam Research stock have a consensus rating of "Buy" and an average price target of $98.38, which forecasts a -2.27% decrease in the stock price over the next year. The lowest target is $70 and the highest is $125.

Price Target: $98.38 (-2.27%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$70$98.38$99$125
Change-30.46%-2.27%-1.65%+24.18%

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 '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy91010101010
Buy788888
Hold877777
Sell000000
Strong Sell000000
Total242525252525

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Keybanc
Keybanc
Buy
Maintains
$105$115
BuyMaintains$105$115+14.25%Jul 15, 2025
Mizuho
Mizuho
Buy
Maintains
$100$115
BuyMaintains$100$115+14.25%Jul 14, 2025
Goldman Sachs
Goldman Sachs
Strong Buy
Initiates
$115
Strong BuyInitiates$115+14.25%Jul 10, 2025
Wells Fargo
Wells Fargo
Hold
Maintains
$75$95
HoldMaintains$75$95-5.62%Jul 8, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$87$108
Strong BuyMaintains$87$108+7.29%Jul 7, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
18.63B
from 14.91B
Increased by 25.00%
Revenue Next Year
19.15B
from 18.63B
Increased by 2.81%
EPS This Year
4.10
from 2.90
Increased by 41.25%
EPS Next Year
4.14
from 4.10
Increased by 0.96%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 28, 2020Jun 27, 2021Jun 26, 2022Jun 25, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
10.04B14.63B17.23B17.43B14.91B18.63B19.15B21.47B
Revenue Growth
4.05%45.61%17.78%1.17%-14.48%25.00%2.81%12.10%
EPS
1.512.693.283.322.904.104.144.89
EPS Growth
10.22%78.15%21.75%1.41%-12.68%41.25%0.96%18.36%
Forward PE
-----24.5724.3420.57
No. Analysts
-----353521
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High19.2B21.2B24.1B
Avg18.6B19.2B21.5B
Low17.7B17.2B17.9B

Revenue Growth

Revenue Growth20252026202720282029
High
29.1%
13.7%
25.8%
Avg
25.0%
2.8%
12.1%
Low
18.9%
-7.9%
-6.5%

EPS Forecast

EPS20252026202720282029
High4.264.885.76
Avg4.104.144.89
Low3.903.423.90

EPS Growth

EPS Growth20252026202720282029
High
47.0%
19.2%
39.4%
Avg
41.2%
1.0%
18.4%
Low
34.5%
-16.5%
-5.7%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.