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Lam Research (LRCX) Stock Forecast & Price Target

Lam Research (LRCX) Analyst Ratings

Based on 25 analyst ratings
Buy
Strong Buy 48%
Buy 32%
Hold 20%
Sell 0%
Strong Sell 0%

Bulls say

Lam Research demonstrates a strong positive outlook, bolstered by its increased valuation multiple due to favorable momentum in positive revisions. The company's financial model remains robust, projecting service growth of 1.5 times from CY24 levels and potential doubling aligned with the semiconductor industry's anticipated $1 trillion revenue milestone by CY28. Furthermore, Lam's significant market share expansion in the wafer fabrication equipment sector and sustained gross margins of 50.6% highlight its competitive strength and resilience against market challenges.

Bears say

The negative outlook on Lam Research's stock stems from a forecasted decline in revenue attributed to the new US government export "50% rule," which is anticipated to impact sales by $600 million in CY26. Additionally, the company's gross margins are expected to decrease to 48.5% due to a less favorable customer mix, with China's contribution to total sales projected to drop significantly from 43% to below 30% by CY26, reflecting reduced spending among domestic customers. This combination of regulatory headwinds and shifting market dynamics indicates that Lam Research may face greater revenue declines in the Chinese market compared to its peers, alongside pressures on profitability.

Lam Research (LRCX) has been analyzed by 25 analysts, with a consensus rating of Buy. 48% of analysts recommend a Strong Buy, 32% recommend Buy, 20% 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 25 analysts, Lam Research (LRCX) has a Buy consensus rating as of Nov 26, 2025. 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 $142.80, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $142.80, 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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