Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
251.23
-8.24 (-3.18%)
At close: Apr 28, 2026, 4:00 PM EDT
251.02
-0.21 (-0.08%)
After-hours: Apr 28, 2026, 6:09 PM EDT

Lam Research Stock Forecast

Stock Price Forecast

The 24 analysts with 12-month price forecasts for Lam Research stock have an average target of 260.79, with a low estimate of 115 and a high estimate of 350. The average target predicts an increase of 3.81% from the current stock price of 251.23.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $115 $260.79 $275 $350
Change -54.23% +3.81% +9.46% +39.31%

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 Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy 111111111111
Buy 8810101010
Hold 764444
Sell 000000
Strong Sell 000000
Total 262525252525

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Buy
Maintains
$300$315
Buy Maintains $300$315 +25.38% Apr 23, 2026
RBC Capital
RBC Capital
Buy
Maintains
$290$310
Buy Maintains $290$310 +23.39% Apr 23, 2026
TD Cowen
TD Cowen
Strong Buy
Maintains
$290$340
Strong Buy Maintains $290$340 +35.33% Apr 23, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$320
Buy Reiterates $320 +27.37% Apr 23, 2026
Citigroup
Citigroup
Strong Buy
Maintains
$300$315
Strong Buy Maintains $300$315 +25.38% Apr 23, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
22.99B
from 18.44B
Increased by 24.69%
Revenue Next Year
28.82B
from 22.99B
Increased by 25.37%
EPS This Year
5.42
from 4.15
Increased by 30.60%
EPS Next Year
7.09
from 5.42
Increased by 30.74%
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
14.63B17.23B17.43B14.91B18.44B22.99B28.82B
Revenue Growth
45.61%17.78%1.17%-14.48%23.68%24.69%25.37%
EPS
2.693.283.322.904.155.427.09
EPS Growth
78.15%21.75%1.37%-12.65%43.10%30.60%30.74%
Forward PE
-----46.3535.45
No. Analysts -----3838
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 26.6B 38.3B
Avg 23.0B 28.8B
Low 21.0B 21.3B

Revenue Growth

Revenue Growth 20262027202820292030
High
44.2%
66.5%
Avg
24.7%
25.4%
Low
13.8%
-7.5%

EPS Forecast

EPS 20262027202820292030
High 5.73 8.55
Avg 5.42 7.09
Low 4.76 4.90

EPS Growth

EPS Growth 20262027202820292030
High
38.1%
57.7%
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.