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Lam Research (LRCX) Stock Forecast & Price Target

Lam Research logo
$284.86 -12.31 (-4.14%)
As of 12:30 PM Eastern
This is a fair market value price provided by Massive. Learn more.

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

Consensus Rating

Sell
0
Hold
8
Buy
26

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, 8 have given a hold rating, and 26 have given a buy rating for LRCX.

Consensus Price Target

$285.94
0.38% Upside
According to the 34 analysts' twelve-month price targets for Lam Research, the average price target is $285.94. The highest price target for LRCX is $385.00, while the lowest price target for LRCX is $110.00. The average price target represents a forecasted upside of 0.38% from the current price of $284.86.
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

TypeCurrent Forecast
5/7/25 to 5/7/26
1 Month Ago
4/7/25 to 4/7/26
3 Months Ago
2/6/25 to 2/6/26
1 Year Ago
5/7/24 to 5/7/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
26 Buy rating(s)
27 Buy rating(s)
28 Buy rating(s)
18 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
6 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$285.94$245.54$244.57$91.56
Forecasted Upside0.38% Upside9.44% Upside5.87% Upside21.68% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate 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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Lam Research Stock vs. The Competition

TypeLam ResearchComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.76
2.30
2.52
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside-3.78% Downside180.38% Upside14.04% Upside
News Sentiment Rating
Positive News

See Recent LRCX News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
4/27/2026 Boost TargetNeutral$235.00 ➝ $280.00+7.90%
4/24/2026 UpgradeBuy (B-)Buy (B)
4/24/2026
HSBC Holdings plc logo
HSBC
3 of 5 stars
 Boost TargetHold$221.00 ➝ $247.00-7.76%
4/23/2026 Reiterated RatingOutperform$330.00+25.06%
4/23/2026Reiterated RatingBuy$300.00 ➝ $315.00+18.62%
4/23/2026 Reiterated RatingBuy$290.00+9.21%
4/23/2026Set TargetEqual Weight$255.00 ➝ $275.00+3.56%
4/23/2026Boost TargetEqual Weight$260.00 ➝ $293.00+13.32%
4/23/2026Boost TargetBuy$300.00 ➝ $325.00+25.70%
4/23/2026Reiterated RatingOverweight$320.00+22.17%
4/23/2026Boost TargetBuy$285.00 ➝ $330.00+24.27%
4/23/2026Boost TargetOverweight$290.00 ➝ $320.00+20.50%
4/23/2026Boost TargetOverweight$300.00 ➝ $315.00+18.62%
4/23/2026 Boost TargetOutperform$295.00 ➝ $330.00+24.27%
4/23/2026 Boost TargetOutperform$275.00 ➝ $300.00+12.97%
4/23/2026Boost TargetBuy$290.00 ➝ $340.00+28.04%
4/23/2026 Boost TargetNeutral$250.00 ➝ $260.00-2.09%
4/23/2026Boost TargetBuy$300.00 ➝ $325.00+22.39%
4/23/2026Boost TargetOutperform$290.00 ➝ $310.00+16.74%
4/23/2026Boost TargetPositive$350.00 ➝ $385.00+44.98%
4/23/2026 Boost TargetBuy$285.00 ➝ $315.00+18.62%
4/23/2026 Boost TargetOutperform$285.00 ➝ $325.00+22.39%
4/23/2026 Boost TargetBuy$265.00 ➝ $335.00+26.15%
4/23/2026Reiterated RatingBuy$300.00+12.97%
4/20/2026 Reiterated RatingBuy
4/6/2026 DowngradeStrong-BuyHold
4/2/2026 DowngradeBuyHold
2/6/2026 Boost TargetBuy$225.00 ➝ $265.00+14.71%
2/3/2026 Boost Target$175.00 ➝ $280.00+17.89%
1/30/2026 Boost TargetBuy$165.00 ➝ $275.00+10.81%
1/29/2026Reiterated RatingSector Weight
1/29/2026Set Target$300.00+25.70%
1/29/2026 UpgradeHoldBuy
10/27/2025 Boost Target$119.40 ➝ $184.20+16.68%
7/31/2025Boost TargetOutperform$90.00 ➝ $110.00+16.02%
4/24/2025Lower TargetBuy$110.00 ➝ $100.00+41.15%
1/15/2025DowngradeOutperformPeer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:22 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 Wednesday, May 6, 2026. Please send any questions or comments about these Lam Research pros and cons to contact@marketbeat.com.

Lam Research
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Lam Research Co.:

  • The stock has recently surged to record highs, reflecting a significant 252% rally, which indicates strong market confidence and potential for continued growth.
  • Lam Research Co. has cleared an IBD buy point following a strong earnings report, attracting both retail and institutional interest, which can drive further price appreciation.
  • The current stock price is around $720, positioning it as a potentially lucrative investment opportunity given its recent performance and market momentum.
  • Recent reports indicate accelerating demand in the semiconductor industry, particularly in wafer fabrication, which is a core area for Lam Research Co., suggesting robust future revenue growth.
  • Investors are recognizing the company for its technical breakout, which often signals a favorable entry point for new investments.

Lam Research
Bear Case

red Wall Street bear icon

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

  • There have been notable insider and institutional selling activities, which can indicate a lack of confidence among executives and major shareholders, potentially impacting stock performance.
  • Some analysts have raised concerns about the company's valuation, suggesting that the stock may be approaching frothy levels, meaning it could be overvalued relative to its earnings potential.
  • Recent insider sales, including an SVP selling approximately 18,000 shares, could signal that insiders believe the stock price may not sustain its current levels.
  • Market analysts have pointed out risks associated with stretched price-to-earnings (P/E) ratios, which require investors to carefully consider the balance between growth prospects and premium valuations.
  • Ongoing executive sales and institutional repositioning may temper market sentiment if they continue, leading to potential volatility in the 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 $285.94, with a high forecast of $385.00 and a low forecast of $110.00.

34 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last twelve months. There are currently 8 hold ratings and 26 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 upside of 0.38% based on their 12-month stock forecasts.

Over the previous 90 days, Lam Research's stock had 2 downgrades and 1 upgrade by analysts.

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.


This page (NASDAQ:LRCX) was last updated on 5/7/2026 by MarketBeat.com Staff.
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