LRCXTechnology · Semiconductor Equipment & MaterialsThe 35 Wall Street analysts covering Lam Research Corp. hold a median 12-month price target of $385 — +15.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 82 of 100 as at 6 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores Lam Research Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Quality (99): The business earns solid, repeatable profits on what it owns.
Accruals (22): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.
Size (1): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on LRCX, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +15.3% from it.
Of the 20 most recent actions, 5 moved their price target up and 5 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 5 Oct 2026 | Morgan Stanley | Maintains | Overweight | $367 → $385 |
| 1 Oct 2026 | B. Riley Securities | Maintains | Buy | $350 → $390 |
| 1 Sept 2026 | UBS | Maintains | Buy | — |
| 1 Sept 2026 | UBS | Maintains | Buy | $435 → $425 |
| 25 Aug 2026 | Mizuho | Maintains | Outperform | — |
| 25 Aug 2026 | Mizuho | Maintains | Outperform | $370 → $365 |
| 30 July 2026 | B. Riley Securities | Maintains | Buy | — |
| 30 July 2026 | B. Riley Securities | Maintains | Buy | $385 → $350 |
| 30 July 2026 | Jefferies | Maintains | Buy | $315 → $335 |
| 30 July 2026 | Jefferies | Maintains | Buy | — |
| 30 July 2026 | Morgan Stanley | Maintains | Overweight | $404 → $367 |
| 30 July 2026 | Morgan Stanley | Maintains | Overweight | — |
| 30 July 2026 | Needham | Reiterates | Buy | $390 |
| 30 July 2026 | Needham | Reiterates | Buy | — |
| 30 July 2026 | Wells Fargo | Maintains | Overweight | $450 → $350 |
| 30 July 2026 | Wells Fargo | Maintains | Overweight | — |
| 20 July 2026 | Evercore ISI Group | Maintains | Outperform | $300 → $355 |
| 20 July 2026 | Evercore ISI Group | Maintains | Outperform | — |
| 10 July 2026 | Needham | Maintains | Buy | $300 → $390 |
| 10 July 2026 | Needham | Maintains | Buy | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. LRCX appears on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 6 Oct 2026, Lam Research Corp. returned +124.9% against +17.3% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 12% of US stocks
Cheaper than 10% of US stocks
Cheaper than 3% of US stocks
Cheaper than 5% of US stocks
Higher than 78% of US stocks
Higher than 67% of US stocks
Higher than 64% of US stocks
Higher than 91% of US stocks
Higher than 90% of US stocks
Higher than 94% of US stocks
Higher than 99% of US stocks
Higher than 64% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Lam Research Corp. has a market value of $434.9B and an enterprise value of $433.4B.
Revenue in the twelve months to 30 June 2026: $23.2B. The latest quarter grew 30.0% year on year.
Net income over the same four quarters: $7.3B, a 31.3% net margin.
Diluted earnings per share, trailing twelve months: $5.76.
Free cash flow in the twelve months to 30 June 2026: $4.9B, after $966.4M of capital spending.
Lam Research Corp. spent $3.9B on share buybacks and $1.3B on dividends in the twelve months to 30 June 2026.
Trailing P/E: 59.7×; forward P/E: 29.2× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.38%, paying out 18% of earnings.
Lam Research Corp. employs 23,300 people — $997K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
| Company | Market cap | TKN rank |
|---|---|---|
| LRCXLam Research Corp. | $434.9B | 82 |
| AMATApplied Materials, Inc. | $420.5B | 73 |
| KLACKLA Corp. | $257.9B | 67 |
| TERTeradyne, Inc. | $67.3B | 80 |
| QQnity Electronics, Inc. | $28.0B | 26 |
| ENTGEntegris, Inc. | $25.5B | 76 |
| ORCLOracle Corp.* | $417.0B | 37 |
* Nearest Technology names by size — few semiconductor equipment & materials companies of this scale trade in the US universe.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Lam Research Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Zacks Investment Research published an Industry Outlook article highlighting Applied Materials, Lam Research and FormFactor.
Why it matters — Lam Research is among the companies featured in the industry outlook.
Zacks Investment Research says semiconductor industry players including Lam Research (LRCX) are benefiting from AI proliferation, which is driving sustained demand for advanced semiconductors.
Why it matters — The item links LRCX with industry demand for advanced semiconductors tied to the growth of AI.
Zacks Investment Research highlights LRCX, TSMC and MPC as stocks offering exposure to AI and energy ahead of Q3 earnings, noting that earnings estimates point to strong growth and potential catalysts.
Why it matters — LRCX is positioned in the AI growth narrative as a semiconductor capital equipment maker, and positive Q3 earnings expectations could serve as a catalyst for the stock.
Lam Research sees upside in NAND demand as AI-driven applications boost storage growth. The company notes its served market per wafer is set to double as NAND transitions from 128 to more than 500 layers.
Why it matters — A doubling of Lam Research's served market per wafer signals potentially stronger demand for its deposition and etch equipment as AI fuels NAND layer expansion.
The article highlights a low-cost Vanguard ETF with 32.4% of its holdings in semiconductor and hardware companies including Nvidia, Broadcom, Micron, AMD, Intel, and Lam Research, compared to VOO's 14.8% concentration. It notes that AI is driving increased index and tech sector concentration in these firms, with earnings growth supporting higher semiconductor stock valuations.
Why it matters — LRCX watchers would care because the piece illustrates the growing weight and market concentration of semiconductor companies like Lam Research in popular index funds, reflecting heightened investor attention on the sector amid AI-driven demand.
The 35 Wall Street analysts covering Lam Research Corp. have a median 12-month price target of $385, with estimates ranging from $290 to $500. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 35 analysts covering Lam Research Corp., 29 rate it a Buy, 6 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Lam Research Corp. 82 out of 100 across roughly 4,600 US stocks as at 6 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 6 Oct 2026, Lam Research Corp. ranks 82 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (99 of 100).
No one can know that. What the data says: the median 12-month target from 35 analysts implies +15.3% from the last close, and Ticker Nerd's factor model ranks Lam Research Corp. 82 out of 100 as at 6 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Lam Research Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for LRCX are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $290 to $500 over the next 12 months.
Lam Research Corp. returned +124.9% over the 12 months to 6 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Lam Research Corp. is a semiconductor equipment company that supplies wafer fabrication systems and related services to chipmakers worldwide.
The most recent item we track (Zacks Investment Research, 7 Oct 2026): "Zacks Industry Outlook Applied Materials, Lam Research and FormFactor". Zacks Investment Research published an Industry Outlook article highlighting Applied Materials, Lam Research and FormFactor.
Lam Research Corp. is a semiconductor equipment company that supplies wafer fabrication systems and related services to chipmakers worldwide. The company focuses on critical front-end manufacturing steps, including thin film deposition, plasma etch, photoresist strip, and wafer cleaning, helping customers produce advanced logic, memory, and specialty devices. Its product portfolio supports a wide range of applications across mobile devices, personal computers, cloud infrastructure, automotive electronics, data storage, and other high-performance technologies. Lam Research also provides refurbishment, support, and process-enablement services that help semiconductor manufacturers improve production efficiency and precision at nanoscale dimensions. Headquartered in Fremont, California, Lam Research plays an important role in the global semiconductor supply chain as a provider of tools used to build smaller, faster, and more power-efficient chips.
CEO Mr. Timothy M. Archer · 23,300 employees · United States · https://www.lamresearch.com
