Lam Research (LRCX) Stock Forecast & Price Target

$83.25 +1.75 (+2.15%)

As of 01/22/2025 04:00 PM Eastern

Lam Research - Analysts' Recommendations and Stock Price Forecast (2025)

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 Rating

Moderate Buy

Based on 22 Analyst Ratings

Sell
0

Hold
8

Buy
14

Based on 22 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 22 analysts, 8 have given a hold rating, and 14 have given a buy rating for LRCX.

Consensus Price Target

$95.77
15.03% Upside

According to the 22 analysts' twelve-month price targets for Lam Research, the average price target is $95.77. The highest price target for LRCX is $120.00, while the lowest price target for LRCX is $75.00. The average price target represents a forecasted upside of 15.03% from the current price of $83.25.

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.

LRCX Analyst Ratings Over Time

Type	Current Forecast 1/24/24 to 1/23/25	1 Month Ago 12/25/23 to 12/24/24	3 Months Ago 10/26/23 to 10/25/24	1 Year Ago 1/24/23 to 1/24/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	14 Buy rating(s)	13 Buy rating(s)	14 Buy rating(s)	14 Buy rating(s)
Hold	8 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$95.77	$97.24	$97.03	$71.05
Forecasted Upside	15.03% Upside	31.70% Upside	24.91% Upside	-16.23% 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	S&P 500
Consensus Rating Score	2.64	2.68	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	15.03% Upside	54.07% Upside	11.77% 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 to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/17/2025	Barclays 3 of 5 stars	Tom O'Malley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$90.00 ➝ $75.00	-5.33%
1/17/2025	KeyCorp 3 of 5 stars	Steve Barger Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Weight ➝ Overweight	$95.00 ➝ $95.00	+19.92%
1/15/2025	Wolfe Research 3 of 5 stars	Chris Caso Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Peer Perform
1/13/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Joseph Quatrochi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$83.00 ➝ $82.00	+11.13%
1/10/2025	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Vijay Rakesh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$95.00 ➝ $90.00	+20.66%
1/10/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Toshiya Hari Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$96.00 ➝ $85.00	+13.14%
12/5/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$76.00 ➝ $78.00	+0.13%
11/29/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$95.00 ➝ $85.00	+18.76%
10/24/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Ramel Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
10/24/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$100.00 ➝ $100.00	+32.35%
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.
10/24/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$105.00 ➝ $100.00	+32.45%
10/24/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$100.00 ➝ $100.00	+37.25%
10/23/2024	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Ellis Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$132.50 ➝ $105.00	+44.13%
9/16/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$99.00 ➝ $89.30	+18.88%
9/12/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$125.00 ➝ $115.00	+53.89%
8/1/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$110.00 ➝ $95.00	+15.45%
8/1/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$100.00 ➝ $105.00	+13.98%
6/7/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$95.00 ➝ $106.00	+9.93%
5/13/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy ➝ Buy	$98.00 ➝ $110.00	+20.16%
4/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$90.00 ➝ $95.00	+5.04%
4/25/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$88.00 ➝ $85.00	-3.94%
4/16/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$120.00	+26.83%
11/22/2023	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$80.00	+13.09%
4/20/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$53.00 ➝ $55.50	+6.92%
3/1/2023	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 02:12 AM 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 Sunday, January 12, 2025. 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.:

Lam Research Co. has recently reported strong quarterly earnings, with earnings per share (EPS) of $0.86, surpassing analysts' expectations of $0.81. This indicates robust financial performance and effective management.
The stock is currently trading at $76.59, which may present a buying opportunity for investors looking for potential growth as analysts have set a consensus price target of $97.24.
Several analysts have maintained a "buy" rating on Lam Research Co., reflecting confidence in the company's future performance and growth potential in the semiconductor industry.
The company has a solid market capitalization of approximately $98.55 billion, indicating its significant presence and stability in the market.
Lam Research Co. has a healthy dividend yield of 1.18%, providing investors with a return on their investment through regular dividend payments, which can be particularly appealing in a volatile market.

Lam Research
Bear Case

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

Wells Fargo & Company recently lowered its price target for Lam Research Co. from $85.00 to $83.00, which may indicate a more cautious outlook on the stock's short-term performance.
The stock has experienced significant volatility, with a one-year high of $113.00 and a low of $68.87, suggesting potential risks for investors who may be sensitive to price fluctuations.
Analysts have noted a decrease in revenue compared to the previous year, with a reported revenue of $4.17 billion, which, while above expectations, reflects a decline from last year's figures.
The company has a relatively high price-to-earnings (P/E) ratio of 24.75, which may suggest that the stock is overvalued compared to its earnings, potentially deterring value-focused investors.
Recent downgrades from various research firms, including a shift from "buy" to "hold" ratings, may signal a lack of confidence in the stock's immediate growth prospects.

LRCX Forecast - Frequently Asked Questions

: According to the research reports of 22 Wall Street equities research analysts, the average twelve-month stock price forecast for Lam Research is $95.77, with a high forecast of $120.00 and a low forecast of $75.00.
: 22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last twelve months. There are currently 8 hold ratings and 14 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 upside of 15.03% based on their 12-month stock forecasts.
: Over the previous 90 days, Lam Research's stock had 1 upgrade and 1 downgrade by analysts.
: Lam Research has been rated by research analysts at Barclays, KeyCorp, Mizuho, Morgan Stanley, Sanford C. Bernstein, The Goldman Sachs Group, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like Lam Research less than other "computer and technology" companies. The consensus rating score for Lam Research is 2.64 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how LRCX compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

This page (NASDAQ:LRCX) was last updated on 1/23/2025 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