Lam Research (LRCX) Stock Forecast & Price Target

$386.94 -46.39 (-10.70%)

As of 03:21 PM Eastern

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

Consensus Rating

Moderate Buy

Based on 34 Analyst Ratings

Sell
0

Hold
6

Buy
28

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, 6 have given a hold rating, and 28 have given a buy rating for LRCX.

Consensus Price Target

$345.39
-10.74% Downside

According to the 34 analysts' twelve-month price targets for Lam Research, the average price target is $345.39. The highest price target for LRCX is $500.00, while the lowest price target for LRCX is $115.00. The average price target represents a forecasted downside of -10.74% from the current price of $386.94.

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.

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LRCX Analyst Ratings Over Time

Type	Current Forecast 7/1/25 to 7/1/26	1 Month Ago 6/1/25 to 6/1/26	3 Months Ago 4/2/25 to 4/2/26	1 Year Ago 7/1/24 to 7/1/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	28 Buy rating(s)	27 Buy rating(s)	27 Buy rating(s)	17 Buy rating(s)
Hold	6 Hold rating(s)	7 Hold rating(s)	7 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	$345.39	$295.07	$245.35	$94.20
Forecasted Upside	-10.74% Downside	-6.95% Downside	12.32% Upside	-2.69% Downside
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	2.82	2.28	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	-20.29% Downside	187.74% Upside	14.83% 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
6/30/2026	Susquehanna 5 of 5 stars	Mehdi Hosseini 5 of 5 stars	Reiterated Rating	Positive	$385.00 ➝ $475.00	+15.60%
6/29/2026	Cantor Fitzgerald 5 of 5 stars	C.J. Muse Not Rated	Set Target	Overweight	$425.00 ➝ $500.00	+28.99%
6/29/2026	Stifel Nicolaus 4 of 5 stars	Brian Chin 5 of 5 stars	Set Target		$500.00	+28.99%
6/23/2026	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	$330.00 ➝ $480.00	+17.20%
6/22/2026	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	Reiterated Rating	Overweight	$365.00 ➝ $450.00	+15.67%
6/17/2026	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	$315.00 ➝ $450.00	+21.84%
6/17/2026	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$305.00 ➝ $420.00	+13.72%
6/15/2026	Oppenheimer Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Edward Yang Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Outperform	$330.00 ➝ $400.00	+9.05%
6/11/2026	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	Reiterated Rating	Overweight	$275.00 ➝ $335.00	+4.10%
6/10/2026	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$425.00	+25.39%
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.
6/9/2026	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	Reiterated Rating	Buy	$310.00 ➝ $375.00	+15.58%
5/27/2026	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Vijay Rakesh Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Outperform	$330.00 ➝ $380.00	+17.76%
5/21/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Outperform	$325.00 ➝ $340.00	+16.40%
5/18/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joseph Moore Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Underweight ➝ Overweight	$293.00 ➝ $331.00	+16.25%
5/14/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		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	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	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	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	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	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	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
2/3/2026	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	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%
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 Wednesday at 03:21 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 Tuesday, June 30, 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 company has demonstrated strong financial performance, with a return on equity of over 66%, indicating effective management and profitability.
Lam Research Co. reported a significant revenue increase of approximately 23.8% compared to the same quarter last year, showcasing robust growth in demand for its semiconductor equipment.
The current stock price is around $334, reflecting positive market sentiment and potential for further appreciation as the semiconductor industry continues to expand.
Analysts have a consensus rating of "Moderate Buy" for Lam Research Co., with many setting target prices above the current stock price, suggesting potential upside for investors.
The company has a relatively low dividend payout ratio of about 19.62%, indicating that it retains a significant portion of its earnings for reinvestment, which could lead to future growth.

Lam Research
Bear Case

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

The semiconductor industry can be highly cyclical, and any downturn in demand could negatively impact Lam Research Co.'s revenue and profitability.
Despite strong growth, the stock price may be subject to volatility, influenced by broader market trends and economic conditions, which could pose risks for investors.
Competition in the semiconductor equipment market is intense, and any loss of market share to competitors could adversely affect Lam Research Co.'s financial performance.
The company's dividend yield is relatively low at around 0.3%, which may not be attractive for income-focused investors seeking higher returns from dividends.
Recent analyst upgrades may lead to heightened expectations, and if the company fails to meet these expectations, it could result in a decline in stock price.

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 $345.39, with a high forecast of $500.00 and a low forecast of $115.00.

34 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last year. There are currently 6 hold ratings and 28 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LRCX shares.

According to analysts, Lam Research's stock has a predicted downside of -10.74% 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, Raymond James Financial, Rothschild & Co Redburn, Royal Bank Of Canada, Sanford C. Bernstein, Stifel Nicolaus, Susquehanna, TD Cowen, The Goldman Sachs Group, UBS 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.

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This page (NASDAQ:LRCX) was last updated on 7/1/2026 by MarketBeat.com Staff.

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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

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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