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LRCX

Lam Research (LRCX) Stock Forecast & Price Target

Lam Research (LRCX) Analyst Ratings

Based on 26 analyst ratings
Buy
Strong Buy 46%
Buy 42%
Hold 12%
Sell 0%
Strong Sell 0%

Bulls say

Lam Research is experiencing significant growth driven by both secular and cyclical trends in the memory chip market, with DRAM revenue rising 36% quarter-over-quarter and 13% year-over-year, alongside a strong 12% increase in services revenue. The company has successfully expanded its share of the global wafer fabrication equipment (WFE) market from approximately 10% a decade ago to about 15% in recent years, indicating a robust competitive positioning and growth potential. Looking forward, the forecast for calendar year 2026 projects WFE to grow by approximately 23% year-over-year to $135 billion, further solidifying Lam Research's position as a leader in the semiconductor equipment sector.

Bears say

Lam Research's recent financial performance reflects a notable decline in revenue from its Chinese operations, which previously constituted a significant portion (43%) of its earnings, now expected to diminish further, impacting overall revenue mix negatively. Additionally, demand slowdowns from major clients such as TSMC and Samsung, coupled with anticipated capital expenditure reductions at Intel, are raising concerns about the company's future growth prospects. The reported constraints in cleanroom capacity not only threaten potential equipment orders but also heighten the risk of push-outs and cancellations, ultimately limiting Lam Research's upside potential in the semiconductor manufacturing equipment sector.

Lam Research (LRCX) has been analyzed by 26 analysts, with a consensus rating of Buy. 46% of analysts recommend a Strong Buy, 42% recommend Buy, 12% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Lam Research and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Lam Research (LRCX) Forecast

Analysts have given Lam Research (LRCX) a Buy based on their latest research and market trends.

According to 26 analysts, Lam Research (LRCX) has a Buy consensus rating as of Apr 16, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $232.46, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $232.46, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Lam Research (LRCX)


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