Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
260.81
-2.64 (-1.00%)
At close: Oct 21, 2026, 4:00 PM EDT
241.57
-19.24 (-7.38%)
After-hours: Oct 21, 2026, 7:59 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 $375.81. The average 1-year stock price forecast is 44.09% higher than the current stock price, while the lowest is $290 (+11.19%) and the highest is $500 (+91.71%).

Price Target: $375.81 (+44.09%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$290$375.81$385$500
Change+11.19%+44.09%+47.62%+91.71%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy2225252525
Buy004444
Hold006666
Sell000000
Strong Sell000000
Total2235353535

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Evercore ISI
Evercore ISI
Buy
Maintains
$355 → $315
BuyMaintains$355 → $315+20.78%Oct 20, 2026
Deutsche Bank
Deutsche Bank
Buy
Maintains
$320 → $375
BuyMaintains$320 → $375+43.78%Oct 19, 2026
B. Riley Securities
B. Riley Securities
Buy
Reiterates
$390 → $338
BuyReiterates$390 → $338+29.60%Oct 19, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$500
BuyReiterates$500+91.71%Oct 17, 2026
UBS
UBS
Buy
Maintains
$425
BuyMaintains$425+62.95%Oct 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
34.92B
from 23.23B
Increased by 50.32%
Revenue Next Year
41.57B
from 34.92B
Increased by 19.03%
EPS This Year
9.48
from 5.82
Increased by 62.83%
EPS Next Year
11.77
from 9.48
Increased by 24.16%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 26, 2022Jun 25, 2023Jun 30, 2024Jun 29, 2025Jun 28, 2026Jun 30, 2027
Revenue
17.23B17.43B14.91B18.44B23.23B34.92B
Revenue Growth
17.78%1.17%-14.48%23.68%26.02%50.32%
Gross Profit
7.87B7.86B7.10B8.98B11.73B18.16B
Gross Margin
45.69%45.07%47.61%48.71%50.47%52.01%
Operating Income
5.38B5.30B4.33B5.90B8.20B13.88B
Net Income
4.61B4.51B3.83B5.36B7.27B11.79B
EPS
----5.829.48
EPS Growth
----40.58%62.83%
Forward PE
12.4225.8131.6523.7050.2027.52
Dividend / Share
0.600.690.800.921.041.15
Dividend Growth
15.38%15.00%15.94%15.00%13.04%10.41%
Free Cash Flow
----4.89B9.19B
No. Analysts
-----30
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High37.3B
Avg34.9B
Low32.4B

Revenue Growth

Revenue Growth202720282029
High
60.6%
Avg
50.3%
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%