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Lam Research Corporation (LRCX) Stock Forecast

Data as of May 2, 2026

Technology · Current price $257.77 (-0.03%)

Consensus Target
$275.76
Upside
+12.8%
Analysts
44
Rating
Buy(2.14)

Price Target Range

Low $200.00Consensus $275.76High $325.00
▲ Current $257.77

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy11
Hold4
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Apr 15, 2026Melissa WeathersDeutsche Bank$300.00+16.4%
Apr 9, 2026Mehdi HosseiniSusquehanna$350.00+35.8%
Mar 10, 2026Tom O'MalleyBarclays$255.00-1.1%
Jan 29, 2026Timothy ArcuriUBS$275.00+6.7%
Jan 29, 2026Brian ChinStifel Nicolaus$280.00+8.6%
Jan 29, 2026Mehdi HosseiniSusquehanna$325.00+26.1%
Jan 29, 2026Tom O'MalleyBarclays$250.00-3.0%
Jan 21, 2026Melissa WeathersDeutsche Bank$260.00+0.9%
Jan 20, 2026Charles ShiNeedham$250.00-3.0%
Jan 15, 2026Tom O'MalleyBarclays$195.00-24.4%
Jan 12, 2026Mehdi HosseiniSusquehanna$250.00-3.0%
Dec 17, 2025Vijay RakeshMizuho Securities$200.00-22.4%
Dec 2, 2025Shane BrettMorgan Stanley$158.00-38.7%
Nov 25, 2025Timothy ArcuriUBS$175.00-32.1%
Oct 23, 2025Edward YangOppenheimer$200.00-22.4%
Oct 20, 2025Tom O'MalleyBarclays$142.00-44.9%
Sep 22, 2025Shane BrettMorgan Stanley$125.00-51.5%
Sep 2, 2025Shane BrettMorgan Stanley$92.00-64.3%
Jul 31, 2025Joe QuatrochiWells Fargo$98.00-62.0%
Jul 28, 2025Tom O'MalleyBarclays$83.00-67.8%

LRCX vs Sector & Market

MetricLRCXTechnology AvgLarge Cap Avg
Analyst Rating2.142.342.41
Analyst Count441318
Target Upside+12.8%+4072.7%+14.9%
P/E Ratio48.6427.8831.19

Revenue Estimates

PeriodLowAvgHigh#
2026-06-29$22.91B$23.07B$23.30B20
2027-06-29$27.53B$30.15B$32.62B23
2027-09-28$7.80B$8.09B$8.68B7
2027-09-29$7.93B$8.39B$8.90B6
2027-12-28$8.11B$8.41B$9.02B7
2027-12-29$8.23B$8.71B$9.24B6
2028-03-28$8.75B$9.08B$9.74B12
2028-03-29$8.87B$9.38B$9.95B5
2028-06-28$9.05B$9.39B$10.08B12
2028-06-29$9.25B$9.79B$10.38B5
2028-09-28$8.26B$8.57B$9.20B12
2028-09-29$8.26B$8.75B$9.28B5

EPS Estimates

PeriodLowAvgHigh#
2026-06-29$5.32$5.63$5.7818
2027-06-29$7.13$7.81$8.8720
2027-09-28$2.05$2.15$2.367
2027-09-29$2.11$2.27$2.456
2027-12-28$2.16$2.26$2.4811
2027-12-29$2.21$2.38$2.576
2028-03-28$2.34$2.46$2.698
2028-03-29$2.42$2.61$2.8214
2028-06-28$2.45$2.57$2.818
2028-06-29$2.56$2.76$2.9714
2028-09-28$2.15$2.25$2.468
2028-09-29$2.23$2.40$2.5914

Frequently Asked Questions

What is the analyst consensus for LRCX?

The consensus among 44 analysts covering Lam Research Corporation (LRCX) is Buy with an average price target of $275.76.

What is the highest price target for LRCX?

The highest price target for LRCX is $350.00, set by Mehdi Hosseini at Susquehanna on 2026-04-09.

What is the lowest price target for LRCX?

The lowest price target for LRCX is $40.00, set by Vijay Rakesh at Mizuho Securities on 2022-10-20.

How many analysts cover LRCX?

44 analysts have issued ratings for Lam Research Corporation in the past 12 months.

Is LRCX a buy or sell right now?

Based on 44 analyst ratings, LRCX has a consensus rating of Buy (2.14/5) with a +12.8% upside to the consensus target of $275.76.

What are the earnings estimates for LRCX?

Analysts estimate LRCX will report EPS of $5.63 for the period ending 2026-06-29, with revenue estimated at $23.07B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.