Lam Research (LRCX) Stock Forecast & Price Target

$86.02 -3.00 (-3.37%)

Closing price 02/21/2025 04:00 PM Eastern

Extended Trading

$86.13 +0.11 (+0.13%)

As of 02/21/2025 07:58 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
5

Buy
17

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, 5 have given a hold rating, and 17 have given a buy rating for LRCX.

Consensus Price Target

$98.22
14.18% Upside

According to the 22 analysts' twelve-month price targets for Lam Research, the average price target is $98.22. The highest price target for LRCX is $125.00, while the lowest price target for LRCX is $75.00. The average price target represents a forecasted upside of 14.18% from the current price of $86.02.

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 2/24/24 to 2/23/25	1 Month Ago 1/25/24 to 1/24/25	3 Months Ago 11/26/23 to 11/25/24	1 Year Ago 2/24/23 to 2/24/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	17 Buy rating(s)	14 Buy rating(s)	13 Buy rating(s)	15 Buy rating(s)
Hold	5 Hold rating(s)	8 Hold rating(s)	6 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$98.22	$95.77	$97.97	$79.33
Forecasted Upside	14.18% Upside	20.19% Upside	32.92% Upside	-14.56% 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	2.77	2.68	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	14.18% Upside	58.14% Upside	14.35% 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
2/20/2025	Mizuho 2 of 5 stars	Vijay Rakesh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$87.00 ➝ $100.00	+11.81%
2/20/2025	Susquehanna 2 of 5 stars	Mehdi Hosseini Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Positive	$75.00 ➝ $125.00	+42.60%
2/18/2025	Cantor Fitzgerald 4 of 5 stars	C. Muse Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$100.00 ➝ $100.00	+20.85%
1/30/2025	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Charles Shi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$90.00 ➝ $90.00	+19.76%
1/30/2025	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	Boost Target	Equal Weight ➝ Equal Weight	$82.00 ➝ $85.00	+13.11%
1/30/2025	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Rasgon Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$85.00 ➝ $91.00	+21.09%
1/17/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	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 Subscribe to MarketBeat All Access for the recommendation accuracy rating	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 Subscribe to MarketBeat All Access for the recommendation accuracy rating	Chris Caso Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Peer Perform
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%
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.
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%
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	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$105.00 ➝ $100.00	+32.45%
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%
4/16/2024	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 Sunday at 06:34 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 Sunday, February 16, 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 been upgraded by multiple analysts, indicating strong confidence in its future performance. For instance, Sanford C. Bernstein upgraded the stock to "outperform" with a price target increase to $91.00.
The company reported earnings per share (EPS) of $0.91, surpassing the consensus estimate of $0.87, showcasing its ability to generate profits effectively.
With a current stock price of $82.75, it is trading below the average target price of $95.72 set by analysts, suggesting potential for price appreciation.
Lam Research Co. has a solid return on equity of 51.86%, indicating efficient management and strong profitability relative to shareholder equity.
The company has declared a quarterly dividend of $0.23 per share, providing a yield of 1.11%, which can be attractive for income-focused investors.

Lam Research
Bear Case

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

Despite recent upgrades, some analysts have downgraded their ratings, such as Wolfe Research, which lowered its rating to "peer perform," indicating mixed sentiments in the market.
The stock has a relatively high price-to-earnings (P/E) ratio of 25.14, which may suggest that it is overvalued compared to its earnings, potentially limiting upside for new investors.
Lam Research Co. has a beta of 1.46, indicating higher volatility compared to the market, which could lead to larger price swings and increased risk for investors.
The company’s market capitalization of $106.22 billion may limit its growth potential, as larger companies often face challenges in maintaining high growth rates.
Analysts have varying price targets, with some estimates significantly lower than the current stock price, which could indicate uncertainty about future performance.

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 $98.22, with a high forecast of $125.00 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 5 hold ratings and 17 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 14.18% based on their 12-month stock forecasts.
: Over the previous 90 days, Lam Research's stock had 4 upgrades and 1 downgrade by analysts.
: Lam Research has been rated by research analysts at Barclays, Cantor Fitzgerald, KeyCorp, Mizuho, Morgan Stanley, Needham & Company LLC, Sanford C. Bernstein, Susquehanna, The Goldman Sachs Group, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like Lam Research more than other "computer and technology" companies. The consensus rating score for Lam Research is 2.77 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 2/23/2025 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