Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
379.09
-22.73 (-5.66%)
At close: Jun 26, 2026, 4:00 PM EDT
378.06
-1.03 (-0.27%)
After-hours: Jun 26, 2026, 7:59 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 352.48, with a low estimate of 265 and a high estimate of 480. The average target predicts a decrease of -7.02% from the current stock price of 379.09.

Analyst Consensus: Buy
Target Low Average Median High
Price $265 $352.48 $340 $480
Change -30.10% -7.02% -10.31% +26.62%

Analyst Ratings

The average analyst rating for Lam Research stock from 35 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 232424242525
Buy 333344
Hold 989765
Sell 110110
Strong Sell 000001
Total 363636353635

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Bank of America Securities
Bank of America Securities
Buy
Maintains
$330$480
Buy Maintains $330$480 +26.62% Jun 23, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$365$450
Buy Reiterates $365$450 +18.71% Jun 22, 2026
Mizuho Securities
Mizuho Securities
Buy
Maintains
$380
Buy Maintains $380 +0.24% Jun 18, 2026
Citi
Citi
Buy
Maintains
$315$450
Buy Maintains $315$450 +18.71% Jun 17, 2026
Oppenheimer
Oppenheimer
Buy
Maintains
$330$400
Buy Maintains $330$400 +5.52% Jun 15, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
23.19B
from 18.44B
Increased by 25.80%
Revenue Next Year
30.60B
from 23.19B
Increased by 31.94%
EPS This Year
5.68
from 4.14
Increased by 37.20%
EPS Next Year
8.01
from 5.68
Increased by 40.99%
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
14.63B17.23B17.43B14.91B18.44B23.19B30.60B
Revenue Growth
45.61%17.78%1.17%-14.48%23.68%25.80%31.94%
EPS
2.693.283.322.904.155.617.95
EPS Growth
78.15%21.75%1.37%-12.65%43.10%35.18%41.71%
Forward PE
-----67.5847.68
No. Analysts -----3231
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 23.5B 36.4B
Avg 23.2B 30.6B
Low 23.1B 28.0B

Revenue Growth

Revenue Growth 202620272028
High
27.3%
57.2%
Avg
25.8%
31.9%
Low
25.1%
20.6%

EPS Forecast

EPS 202620272028
High 5.80 10.03
Avg 5.68 8.01
Low 5.48 7.25

EPS Growth

EPS Growth 202620272028
High
40.0%
76.6%
Avg
37.2%
41.0%
Low
32.4%
27.6%
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.