LRCXTechnology · Semiconductor Equipment & MaterialsThe 35 Wall Street analysts covering Lam Research Corp. hold a median 12-month price target of $385 — +34.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 78 of 100 as at 14 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 +34.2% 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 14 Oct 2026, Lam Research Corp. returned +108.4% against +17.5% 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 14% of US stocks
Cheaper than 10% of US stocks
Cheaper than 3% of US stocks
Cheaper than 6% 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 65% 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 $376.8B and an enterprise value of $375.3B.
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: 52.3×; forward P/E: 25.6× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.44%, 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. | $376.8B | 78 |
| AMATApplied Materials, Inc. | $354.2B | 71 |
| KLACKLA Corp. | $233.6B | 62 |
| TERTeradyne, Inc. | $56.2B | 73 |
| QQnity Electronics, Inc. | $25.5B | 27 |
| ENTGEntegris, Inc. | $23.3B | 73 |
| ORCLOracle Corp.* | $376.0B | 38 |
* 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 →
In Q3 2026, the Polen Focus Growth Portfolio returned 4.46% net of fees, compared with 0.92% for the Index. Lam Research was among the portfolio’s largest relative detractors during the quarter.
Why it matters — The update identifies Lam Research as a notable drag on the portfolio’s relative performance in Q3.
Lam Research closed at $286.92, down 4.71% from its previous close. The headline says the stock fell more than the broader market.
Why it matters — LRCX watchers may note the reported daily decline and its comparison with the broader market.
Zacks reports that the consensus price target for Lam Research implies 25.6% upside potential. It notes that this metric has limited empirical effectiveness, while an upward trend in earnings estimate revisions could signal near-term upside.
Why it matters — LRCX watchers may want to note both the implied price-target upside and the article’s caution about relying on that metric.
Semiconductor equipment stocks fell as investors took profits after a strong year fueled by AI spending. Lam Research and KLA dropped 4%, while Applied Materials sank 7%.
Why it matters — The pullback puts LRCX in focus as part of a semiconductor-equipment sector retreat following a strong year.
Lam Research reported record Q4 FY26 revenue of $6.72 billion, up nearly 30% year over year, with strong performance across both segments. The excerpt says AI-related investment and rising process complexity are expected to support demand through FY27, while volumes, pricing, and product mix are expected to aid margin expansion.
Why it matters — LRCX watchers may track whether the factors cited in the article sustain revenue momentum and margins through FY27.
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. 78 out of 100 across roughly 4,600 US stocks as at 14 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 14 Oct 2026, Lam Research Corp. ranks 78 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 +34.2% from the last close, and Ticker Nerd's factor model ranks Lam Research Corp. 78 out of 100 as at 14 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 +108.4% over the 12 months to 14 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 (Seeking Alpha, 15 Oct 2026): "Polen Focus Growth Portfolio Q3 2026 Portfolio Update". In Q3 2026, the Polen Focus Growth Portfolio returned 4.46% net of fees, compared with 0.92% for the Index. Lam Research was among the portfolio’s largest relative detractors during the quarter.
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
