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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's positive outlook is supported by robust financial performance, highlighted by a 36% quarter-over-quarter growth in DRAM revenue to $772 million, driven by ongoing technological transitions and increased demand for high-bandwidth memory. The company's services revenue also experienced a healthy increase of 12% quarter-over-quarter, reaching $2.0 billion, bolstered by upgrades in NAND-related processes and Reliant systems. Furthermore, the outlook for worldwide wafer fabrication equipment (WFE) shows promising growth, with projected CY26 figures estimated at $135 billion, marking a significant 23% year-over-year increase driven by market share expansions and strong positions in critical semiconductor segments.

Bears say

Lam Research's financial outlook is negatively impacted by several key factors, including a notable decrease in its gross margin to 49.7%, attributed to a less favorable customer mix with declining revenue from China. The company is also facing heightened risks from foundry spending cuts, particularly from major clients like TSMC and Intel, which could significantly affect wafer fabrication equipment demand. Additionally, ongoing export controls and a reduction in leading-edge demand are expected to hinder revenue growth and limit order volumes, particularly in light of anticipated pushes or cancellations due to insufficient cleanroom capacity.

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 17, 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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