NASDAQ:LRCX

Lam Research (LRCX) Price Target & Analyst Ratings

$620.76

-10.12 (-1.60%)

(As of 12:39 PM ET)

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Today's Range: $619.42
▼
$637.00
50-Day Range: $606.00
▼
$721.26
52-Week Range: $299.59
▼
$726.53

Volume: 381,731 shs
Average Volume: 1.25 million shs
Market Capitalization: $82.08 billion

P/E Ratio: 18.73
Dividend Yield: 1.29%
Price Target: $583.50

Lam Research Consensus Rating and Price Target (2023)

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.

Consensus Analyst Rating

Moderate Buy
Based on 20 Analyst Ratings

Consensus Analyst Price Target

$583.50
-6.00% Downside

High Prediction	$825.00
Average Prediction	$583.50
Low Prediction	$375.00

Type	Current 10/3/22 to 10/3/23	1 Month Ago 9/3/22 to 9/3/23	3 Months Ago 7/5/22 to 7/5/23	1 Year Ago 10/3/21 to 10/3/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	15 Buy rating(s)	14 Buy rating(s)	13 Buy rating(s)	8 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	6 Hold rating(s)	9 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$583.50	$570.79	$505.00	$608.05
Predicted Upside	-6.00% Downside	8.58% Upside	10.59% Upside	23.16% Upside

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LRCX Analyst Ratings 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	S&P 500
Consensus Rating Score	2.75	2.55	2.49
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	-7.51% Downside	1,070.75% Upside	698.29% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/14/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$825.00	+25.68%
8/28/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$725.00 ➝ $750.00	+13.59%
7/27/2023	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$540.00 ➝ $615.00	-4.26%
7/27/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$620.00 ➝ $650.00	+1.19%
7/27/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$500.00 ➝ $550.00	-14.38%
7/27/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$695.00 ➝ $800.00	+24.54%
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7/27/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$575.00 ➝ $600.00	-6.60%
7/24/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$520.00 ➝ $680.00	+9.04%
7/17/2023	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$500.00 ➝ $650.00	+1.79%
4/20/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$530.00 ➝ $555.00	+6.92%
4/20/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$525.00 ➝ $540.00	+4.03%
4/20/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$515.00 ➝ $550.00	+5.96%
4/20/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$565.00 ➝ $600.00	+15.59%
3/1/2023	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
1/26/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$434.00 ➝ $495.00	+1.35%
1/26/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$404.00 ➝ $550.00	+12.61%
1/3/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	H. Chung Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral
12/12/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$400.00 ➝ $520.00	+15.50%
11/30/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$450.00 ➝ $530.00	+13.04%
10/20/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$430.00	+20.83%
10/20/2022	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$460.00 ➝ $405.00	+11.01%
10/20/2022	Summit Insights Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy

(Data available from 10/3/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

LRCX Price Target - Frequently Asked Questions

What is Lam Research's consensus rating and price target?: According to the issued ratings of 20 analysts in the last year, the consensus rating for Lam Research stock is Moderate Buy based on the current 5 hold ratings and 15 buy ratings for LRCX. The average twelve-month price prediction for Lam Research is $583.50 with a high price target of $825.00 and a low price target of $375.00. Learn more on LRCX's analyst rating history.
Do Wall Street analysts like Lam Research more than its competitors?: Analysts like Lam Research more than other Computer and Technology companies. The consensus rating score for Lam Research is 2.75 while the average consensus rating score for computer and technology companies is 2.55. Learn more on how LRCX compares to other companies.
Is Lam Research being upgraded by Wall Street analysts?: Over the previous 90 days, Lam Research's stock had 1 upgrade by analysts.

Does Lam Research's stock price have much upside?: According to analysts, Lam Research's stock has a predicted upside of 9.49% based on their 12-month price targets.
What analysts cover Lam Research?: Lam Research has been rated by B. Riley, Barclays, Citigroup, Mizuho, Sanford C. Bernstein, Stifel Nicolaus, Susquehanna, Wells Fargo & Company, and Wolfe Research in the past 90 days.

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This page (NASDAQ:LRCX) was last updated on 10/3/2023 by MarketBeat.com Staff

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