Lam Research (LRCX) Stock Forecast & Price Target

$322.68 +17.33 (+5.68%)

As of 04:00 PM Eastern

Compare

Lam Research - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 34 Analyst Ratings

Sell
0

Hold
7

Buy
27

Based on 34 Wall Street analysts who have issued ratings for Lam Research in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 34 analysts, 7 have given a hold rating, and 27 have given a buy rating for LRCX.

Consensus Price Target

$293.46
-9.06% Downside

According to the 34 analysts' twelve-month price targets for Lam Research, the average price target is $293.46. The highest price target for LRCX is $385.00, while the lowest price target for LRCX is $110.00. The average price target represents a forecasted downside of -9.06% from the current price of $322.68.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Get the Latest News and Ratings for LRCX and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Lam Research and its competitors.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

LRCX Analyst Ratings Over Time

Type	Current Forecast 5/26/25 to 5/26/26	1 Month Ago 4/26/25 to 4/26/26	3 Months Ago 2/25/25 to 2/25/26	1 Year Ago 5/26/24 to 5/26/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	27 Buy rating(s)	26 Buy rating(s)	28 Buy rating(s)	18 Buy rating(s)
Hold	7 Hold rating(s)	8 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$293.46	$284.49	$245.19	$91.56
Forecasted Upside	-9.06% Downside	6.24% Upside	-1.72% Downside	12.95% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

LRCX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

LRCX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Lam Research Stock vs. The Competition

Type	Lam Research	Computer and Technology Companies	Broader Market
Consensus Rating Score	2.79	2.29	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	-7.58% Downside	161.37% Upside	14.84% Upside
News Sentiment Rating	Positive News See Recent LRCX News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
5/21/2026	Sanford C. Bernstein 4 of 5 stars		Boost Target	Outperform	$325.00 ➝ $340.00	+16.40%
5/18/2026	Morgan Stanley 3 of 5 stars	Joseph Moore 5 of 5 stars	Upgrade	Underweight ➝ Overweight	$293.00 ➝ $331.00	+16.25%
5/14/2026	Weiss Ratings Not Rated		Downgrade	Buy (B) ➝ Buy (B-)
5/12/2026	B. Riley Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$350.00 ➝ $375.00	+26.67%
4/27/2026	New Street Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Neutral	$235.00 ➝ $280.00	+7.90%
4/24/2026	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Hold	$221.00 ➝ $247.00	-7.76%
4/23/2026	Oppenheimer Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform	$330.00	+25.06%
4/23/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Atif Malik Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$300.00 ➝ $315.00	+18.62%
4/23/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy	$290.00	+9.21%
4/23/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tom O'Malley Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Equal Weight	$255.00 ➝ $275.00	+3.56%
Get the Latest News and Ratings for LRCX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Lam Research and its competitors with MarketBeat's FREE daily newsletter.
4/23/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Melissa Weathers Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$300.00 ➝ $325.00	+25.70%
4/23/2026	Cantor Fitzgerald Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	C.J. Muse Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Overweight	$320.00	+22.17%
4/23/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Vivek Arya Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$285.00 ➝ $330.00	+24.27%
4/23/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joseph Quatrochi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$290.00 ➝ $320.00	+20.50%
4/23/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Harlan Sur Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$300.00 ➝ $315.00	+18.62%
4/23/2026	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Outperform	$295.00 ➝ $330.00	+24.27%
4/23/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Outperform	$275.00 ➝ $300.00	+12.97%
4/23/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Krish Sankar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$290.00 ➝ $340.00	+28.04%
4/23/2026	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Neutral	$250.00 ➝ $260.00	-2.09%
4/23/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brian Chin Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$300.00 ➝ $325.00	+22.39%
4/23/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Srini Pajjuri Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$290.00 ➝ $310.00	+16.74%
4/23/2026	Susquehanna Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mehdi Hosseini Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Positive	$350.00 ➝ $385.00	+44.98%
4/23/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$285.00 ➝ $315.00	+18.62%
4/23/2026	Berenberg Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$265.00 ➝ $335.00	+26.15%
4/23/2026	Needham & Company LLC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Charles Shi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$300.00	+12.97%
4/6/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
4/2/2026	Erste Group Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold
2/6/2026	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$225.00 ➝ $265.00	+14.71%
2/3/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		$175.00 ➝ $280.00	+17.89%
1/30/2026	Citic Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$165.00 ➝ $275.00	+10.81%
1/29/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Steve Barger Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Sector Weight
1/29/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Timothy Arcuri Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$300.00	+25.70%
1/29/2026	Summit Insights Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy
10/27/2025	Dbs Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		$119.40 ➝ $184.20	+16.68%
7/31/2025	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Srini Pajjuri Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$90.00 ➝ $110.00	+16.02%
4/24/2025	TD Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Krish Sankar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$110.00 ➝ $100.00	+41.15%
1/15/2025	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Chris Caso Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Outperform ➝ Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 06:26 PM ET.

Should I Buy Lam Research Stock? LRCX Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, May 21, 2026. Please send any questions or comments about these Lam Research pros and cons to contact@marketbeat.com.

Lam Research
Bull Case

Here are some ways that investors could benefit from investing in Lam Research Co.:

The current stock price is around $273, reflecting strong market interest and potential for growth in the semiconductor sector.
Lam Research Co. reported a significant increase in quarterly revenue, showcasing a year-over-year growth of approximately 23.8%, indicating robust demand for its products.
The company has a high net margin of about 30.94%, which suggests efficient operations and strong profitability, making it an attractive investment.
With a return on equity of 66.21%, Lam Research Co. demonstrates effective management and the ability to generate substantial returns for shareholders.
Recent positive sentiment in the semiconductor industry, driven by easing U.S.-China export tensions, could enhance the company's market position and stock performance.

Lam Research
Bear Case

Investors should be bearish about investing in Lam Research Co. for these reasons:

The stock has experienced insider selling, with significant shares sold recently, which may indicate a lack of confidence from company executives.
Despite strong earnings, the price-to-earnings ratio of 51.58 suggests that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
The semiconductor industry is highly cyclical, and any downturn could adversely affect Lam Research Co.'s performance and stock price.
With a beta of 1.81, the stock is more volatile than the market, which could pose higher risks for investors during market fluctuations.
The company's debt-to-equity ratio of 0.35, while manageable, indicates some reliance on debt financing, which could be a concern in a rising interest rate environment.

LRCX Forecast - Frequently Asked Questions

According to the research reports of 34 Wall Street equities research analysts, the average twelve-month stock price forecast for Lam Research is $293.46, with a high forecast of $385.00 and a low forecast of $110.00.

34 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last year. There are currently 7 hold ratings and 27 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LRCX shares.

According to analysts, Lam Research's stock has a predicted downside of -9.06% based on their 12-month stock forecasts.

Over the previous 90 days, Lam Research's stock had 3 downgrades and 2 upgrades by analysts.

Lam Research has been rated by research analysts at B. Riley Financial, Bank of America, Barclays, Berenberg Bank, BNP Paribas Exane, Cantor Fitzgerald, Citigroup, Deutsche Bank Aktiengesellschaft, Erste Group Bank, Evercore, HSBC, Jefferies Financial Group, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Needham & Company LLC, New Street Research, Oppenheimer, Royal Bank Of Canada, Sanford C. Bernstein, Stifel Nicolaus, Susquehanna, TD Cowen, The Goldman Sachs Group, Weiss Ratings, Wells Fargo & Company, and Zacks Research in the past 90 days.

Analysts like Lam Research more than other "computer and technology" companies. The consensus rating for Lam Research is Moderate Buy while the average consensus rating for "computer and technology" companies is Hold. Learn more on how LRCX compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Lam Research Recommendations

This page (NASDAQ:LRCX) was last updated on 5/26/2026 by MarketBeat.com Staff.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Lam Research (LRCX) Stock Forecast & Price Target

Lam Research - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

LRCX Analyst Ratings Over Time

LRCX Analyst Recommendations By Month

LRCX Price Targets by Month

Lam Research Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Lam Research Stock? LRCX Pros and Cons Explained

Lam Research
Bull Case

Lam Research
Bear Case

LRCX Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Lam Research Recommendations

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Lam Research (LRCX) Stock Forecast & Price Target

Lam Research - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

LRCX Analyst Ratings Over Time

LRCX Analyst Recommendations By Month

LRCX Price Targets by Month

Lam Research Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Lam Research Stock? LRCX Pros and Cons Explained

Lam Research Bull Case

Lam Research Bear Case

LRCX Forecast - Frequently Asked Questions

What is Lam Research's forecast for 2026?

Should I buy or sell Lam Research stock right now?

Does Lam Research's stock price have much downside?

Has Lam Research been upgraded or downgraded by Wall Street analysts recently?

What analysts cover Lam Research?

Do Wall Street analysts like Lam Research more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Lam Research Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Lam Research
Bull Case

Lam Research
Bear Case