Lam Research Stock Forecast

Stock Price Forecast

The 24 analysts with 12-month price forecasts for Lam Research stock have an average target of 237.08, with a low estimate of 115 and a high estimate of 325. The average target predicts an increase of 12.79% from the current stock price of 210.20.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$115	$237.08	$260	$325
Change	-45.29%	+12.79%	+23.69%	+54.61%

Analyst Ratings

The average analyst rating for Lam Research stock from 25 stock analysts 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

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	11	11	11	11	11	11
Buy	8	8	8	8	10	10
Hold	7	7	7	6	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	26	26	26	25	25	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Moore Morgan Stanley	Morgan Stanley	Hold Maintains $244 → $254	Hold	Maintains	$244 → $254	+20.84%	Feb 25, 2026
Joseph Moore Morgan Stanley	Morgan Stanley	Hold Maintains $211 → $244	Hold	Maintains	$211 → $244	+16.08%	Jan 29, 2026
Toshiya Hari Goldman Sachs	Goldman Sachs	Strong Buy Maintains $180 → $262	Strong Buy	Maintains	$180 → $262	+24.64%	Jan 29, 2026
Harlan Sur JP Morgan	JP Morgan	Buy Maintains $165 → $300	Buy	Maintains	$165 → $300	+42.72%	Jan 29, 2026
Timothy Arcuri UBS	UBS	Strong Buy Maintains $255 → $275	Strong Buy	Maintains	$255 → $275	+30.83%	Jan 29, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

22.84B

from 18.44B

23.89%

from 18.44B

Revenue Next Year

28.40B

from 22.84B

24.37%

from 22.84B

EPS This Year

5.42

from 4.15

30.57%

from 4.15

EPS Next Year

7.08

from 5.42

30.68%

from 5.42

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 27, 2021	Jun 26, 2022	Jun 25, 2023	Jun 30, 2024	Jun 29, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	14.63B	17.23B	17.43B	14.91B	18.44B	22.84B	28.40B
Revenue Growth	45.61%	17.78%	1.17%	-14.48%	23.68%	23.89%	24.37%
EPS	2.69	3.28	3.32	2.90	4.15	5.42	7.08
EPS Growth	78.15%	21.75%	1.37%	-12.65%	43.10%	30.57%	30.68%
Forward PE	-	-	-	-	-	38.79	29.69
No. Analysts	-	-	-	-	-	38	38

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	23.9B	33.2B
Avg	22.8B	28.4B
Low	21.0B	21.3B

Revenue Growth

Revenue Growth	2026	2027
High	29.4%	45.4%
Avg	23.9%	24.4%
Low	13.8%	-6.9%

EPS Forecast

EPS	2026	2027
High	5.73	8.82
Avg	5.42	7.08
Low	4.76	4.90

EPS Growth

EPS Growth	2026	2027
High	38.1%	62.8%
Avg	30.6%	30.7%
Low	14.8%	-9.6%

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.