LAM RESEARCH CORP (LRCX) Forecast, Price Target & Analyst Ratings

NASDAQ:LRCX • US5128073062

Current stock price

211.41 USD
-0.21 (-0.1%)
At close:
211.41 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for LAM RESEARCH CORP (LRCX).

Forecast Snapshot

Consensus Price Target

Price Target
$275.27
+ 30.21% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 21, 2026
Period
Q3 / 2026
EPS Estimate
$1.38
Revenue Estimate
5.86B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$275.27
Upside
+ 30.21%
From current price of $211.41 to mean target of $275.27, Based on 41 analyst forecasts
Low
$117.48
Median
$285.60
High
$341.25

Price Target Revisions

1 Month
1.58%
3 Months
64.94%

Price Target Summary

41 Wall Street analysts provided a forecast for the next 12 months for LRCX. The average price target is 275.27 USD. This implies a price increase of 30.21% is expected in the next year compared to the current price of 211.41.
The average price target has been revised upward by 64.94% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

LRCX Current Analyst RatingLRCX Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15 20

Analyst Ratings History

LRCX Historical Analyst RatingsLRCX Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30 40

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
LRCX was analyzed by 41 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about LRCX.
In the previous month the buy percentage consensus was at a similar level.
LRCX was analyzed by 41 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-10BarclaysMaintains Equal-Weight -> Equal-Weight
2026-02-25Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2026-01-29Cantor FitzgeraldMaintains Overweight -> Overweight
2026-01-29UBSMaintains Buy -> Buy
2026-01-29NeedhamMaintains Buy -> Buy
2026-01-29RBC CapitalMaintains Outperform -> Outperform
2026-01-29SusquehannaMaintains Positive -> Positive
2026-01-29StifelMaintains Buy -> Buy
2026-01-29Wells FargoMaintains Overweight -> Overweight
2026-01-29Evercore ISI GroupMaintains Outperform -> Outperform
2026-01-29JP MorganMaintains Overweight -> Overweight
2026-01-29Goldman SachsMaintains Buy -> Buy
2026-01-29Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2026-01-29CitigroupMaintains Buy -> Buy
2026-01-22CitigroupMaintains Buy -> Buy
2026-01-21Deutsche BankMaintains Buy -> Buy
2026-01-20UBSMaintains Buy -> Buy
2026-01-20NeedhamMaintains Buy -> Buy
2026-01-15RBC CapitalInitiate Outperform
2026-01-15Wells FargoUpgrade Equal-Weight -> Overweight
2026-01-14StifelMaintains Buy -> Buy
2026-01-13B of A SecuritiesMaintains Buy -> Buy
2026-01-12BernsteinMaintains Outperform -> Outperform
2026-01-09MizuhoMaintains Outperform -> Outperform
2026-01-08Cantor FitzgeraldMaintains Overweight -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 21, 2026
Period
Q3 / 2026
EPS Estimate
$1.38
Revenue Estimate
5.86B
Revenue Q2Q
24.15%
EPS Q2Q
32.42%
Number of Analysts
28

Next Earnings Revisions

Revenue (1 Month)
0.91%
Revenue (3 Months)
8.96%
EPS (1 Month)
0.00%
EPS (3 Months)
14.64%

Next Earnings Summary

LRCX is expected to report earnings on 4/21/2026. The consensus EPS estimate for the next earnings is 1.38 USD and the consensus revenue estimate is 5.86B USD.
The next earnings revenue estimate has been revised upward by 8.96% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
LRCX revenue by date.LRCX revenue by date.
17.429B
1.17%		14.905B
-14.48%		18.436B
23.68%		22.942B
24.44%		28.404B
23.81%		31.287B
10.15%		34.655B
10.76%		39.954B
15.29%
EBITDA
YoY % growth
LRCX ebitda by date.LRCX ebitda by date.
5.638B
-1.36%		4.685B
-16.89%		6.287B
34.19%		8.26B
31.38%		10.995B
33.11%		12.476B
13.47%		13.079B
4.83%		9.74B
-25.53%
EBIT
YoY % growth
LRCX ebit by date.LRCX ebit by date.
5.295B
-1.61%		4.325B
-18.31%		5.901B
36.42%		7.902B
33.91%		10.279B
30.08%		11.455B
11.44%		12.177B
6.30%		11.56B
-5.07%
Operating Margin
LRCX operating margin by date.LRCX operating margin by date.
30.38%29.02%32.01%34.44%36.19%36.61%35.14%28.93%
EPS
YoY % growth
LRCX eps by date.LRCX eps by date.
3.41
2.96%		3.03
-11.14%		4.14
36.63%		5.42
30.88%		7.08
30.68%		8.13
14.80%		9.11
12.01%		10.94
20.20%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		1.38
32.42%		1.46
9.54%		1.39
10.42%		1.47
15.50%		1.50
8.95%		1.56
6.86%		1.70
22.27%		1.67
13.83%		1.70
13.48%		1.73
11.03%
Revenue
Q2Q % growth		5.86B
24.15%		6.096B
17.88%		5.88B
10.44%		6.121B
14.52%		6.207B
5.92%		6.355B
4.25%		6.71B
14.12%		6.582B
7.53%		6.76B
8.91%		6.737B
6.01%
EBITDA
Q2Q % growth		2.086B
12.78%		2.199B
3.37%		2.121B
9.85%		2.266B
12.41%		2.368B
13.52%		2.444B
11.14%		2.526B
19.09%		2.433B
7.37%		2.537B
7.14%		2.533B
3.64%
EBIT
Q2Q % growth		2.01B
28.70%		2.14B
22.91%		2.025B
10.71%		2.131B
17.72%		2.193B
9.10%		2.262B
5.70%		2.525B
24.69%		2.418B
13.47%		2.512B
14.55%		2.501B
10.57%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

LRCX Yearly Revenue VS EstimatesLRCX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B
LRCX Yearly EPS VS EstimatesLRCX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
25.22%
EPS Next 5 Year
21.46%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
18.86%
Revenue Next 5 Year
16.48%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
27.83%
EBIT Next 5 Year
10.27%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

LAM RESEARCH CORP / LRCX Forecast FAQ

Can you provide the average price target for LAM RESEARCH CORP stock?

41 analysts have analysed LRCX and the average price target is 275.27 USD. This implies a price increase of 30.21% is expected in the next year compared to the current price of 211.41.

When does LAM RESEARCH CORP (LRCX) report earnings?

LAM RESEARCH CORP (LRCX) will report earnings on 2026-04-21, after the market close.

What are the consensus estimates for LAM RESEARCH CORP (LRCX) next earnings?

The consensus EPS estimate for the next earnings of LAM RESEARCH CORP (LRCX) is 1.38 USD and the consensus revenue estimate is 5.86B USD.

What is the expected long term growth rate for LRCX stock?

The expected long term growth rate for LAM RESEARCH CORP (LRCX) is 18.86%.