Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
326.13
-24.07 (-6.87%)
At close: Jul 7, 2026, 4:00 PM EDT
322.59
-3.54 (-1.09%)
After-hours: Jul 7, 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 "Buy" and an average price target of $353.9. The average 1-year stock price forecast is 8.52% higher than the current stock price, while the lowest is $220 (-32.54%) and the highest is $500 (+53.31%).
Price Target: $353.9 (+8.52%)
Analyst Consensus: Buy
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
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 24 | 24 | 24 | 25 | 25 | 25 |
| Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Hold | 8 | 9 | 7 | 6 | 5 | 5 |
| Sell | 1 | 0 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 36 | 36 | 35 | 36 | 35 | 35 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Buy Maintains $290 → $380 | Buy | Maintains | $290 → $380 | +16.52% | Jul 6, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $331 → $404 | Buy | Maintains | $331 → $404 | +23.88% | Jul 6, 2026 |
| Bernstein | Bernstein | Buy Maintains $340 | Buy | Maintains | $340 | +4.25% | Jul 1, 2026 |
| Susquehanna | Susquehanna | Buy Maintains $385 → $475 | Buy | Maintains | $385 → $475 | +45.65% | Jun 30, 2026 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $425 → $500 | Buy | Maintains | $425 → $500 | +53.31% | Jun 29, 2026 |
Financial Forecast
Revenue This Year
23.19B
from 18.44B
Increased by 25.80%
Revenue Next Year
30.66B
from 23.19B
Increased by 32.22%
EPS This Year
5.68
from 4.14
Increased by 37.20%
EPS Next Year
8.03
from 5.68
Increased by 41.38%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 23.5B | ||
| Avg | 23.2B | ||
| Low | 23.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 27.3% | ||
| Avg | 25.8% | ||
| Low | 25.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 5.80 | ||
| Avg | 5.68 | ||
| Low | 5.48 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 40.0% | ||
| Avg | 37.2% | ||
| Low | 32.4% |