Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
106.74
+1.46 (1.39%)
At close: Aug 13, 2025, 4:00 PM
106.61
-0.13 (-0.12%)
Pre-market: Aug 14, 2025, 4:29 AM EDT

Lam Research Stock Forecast

Stock Price Forecast

According to 24 professional analysts, the 12-month price target for Lam Research stock ranges from a low of $70 to a high of $125. The average analyst price target of $105.5 forecasts a -1.16% decrease in the stock price over the next year.

Price Target: $105.50 (-1.16%)
Analyst Consensus: Buy
Target Low Average Median High
Price $70 $105.5 $113 $125
Change -34.42% -1.16% +5.86% +17.11%

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 Mar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy 101010101010
Buy 888888
Hold 777777
Sell 000000
Strong Sell 000000
Total 252525252525

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$108$113
Strong Buy Maintains $108$113 +5.86% Aug 1, 2025
Argus Research
Argus Research
Strong Buy
Maintains
$105$120
Strong Buy Maintains $105$120 +12.42% Aug 1, 2025
Mizuho
Mizuho
Buy
Maintains
$115$120
Buy Maintains $115$120 +12.42% Aug 1, 2025
Wells Fargo
Wells Fargo
Hold
Maintains
$95$98
Hold Maintains $95$98 -8.19% Jul 31, 2025
Stifel
Stifel
Strong Buy
Maintains
$110$115
Strong Buy Maintains $110$115 +7.74% Jul 31, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
19.14B
from 18.44B
Increased by 3.84%
Revenue Next Year
21.49B
from 19.14B
Increased by 12.23%
EPS This Year
4.14
from 4.15
Decreased by -0.35%
EPS Next Year
4.89
from 4.14
Increased by 18.36%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
Period Ending Jun 27, 2021 Jun 26, 2022 Jun 25, 2023 Jun 30, 2024 Jun 29, 2025 Jun 30, 2026 Jun 30, 2027 Jun 30, 2028
Revenue
14.63B17.23B17.43B14.91B18.44B19.14B21.49B22.60B
Revenue Growth
45.61%17.78%1.17%-14.48%23.68%3.84%12.23%5.18%
EPS
2.693.283.322.904.154.144.895.36
EPS Growth
78.15%21.75%1.41%-12.68%43.10%-0.35%18.36%9.41%
Forward PE
-----25.8121.8119.93
No. Analysts
-----35214
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2026202720282029
High 21.2B 24.2B 23.9B
Avg 19.1B 21.5B 22.6B
Low 17.2B 17.9B 21.2B

Revenue Growth

Revenue Growth 2026202720282029
High
15.0%
26.3%
11.0%
Avg
3.8%
12.2%
5.2%
Low
-6.9%
-6.5%
-1.5%

EPS Forecast

EPS 2026202720282029
High 4.88 5.76 5.52
Avg 4.14 4.89 5.36
Low 3.42 3.90 5.14

EPS Growth

EPS Growth 2026202720282029
High
17.7%
39.4%
12.8%
Avg
-0.4%
18.4%
9.4%
Low
-17.6%
-5.7%
4.9%
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.