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LRCX Stock Forecast: Lam Research Corp. Price Predictions for 2026-2027

Last close, 1 Sept 2026
$290
−3.74% on the day

The 35 Wall Street analysts covering Lam Research Corp. hold a median 12-month price target of $367 — +26.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 77 of 100 as at 31 Aug 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$377.8B
Ticker Nerd rank
77 / 100
Median analyst target
$367
Analysts covering
35
Revenue$6.7B+30.0% y/y
Operating income$2.5B
Net income$2.3B
Free cash flow$1.3B
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−7.8%
1M
−1.0%
YTD
+69.9%
1Y
+191.6%
From 52W high
−33.0%
From 52W low
+200.9%
$96
$433
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

LRCX stock analysis: one number for the whole business

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.

Where the model ranks itAs at 31 Aug 2026
77 / 100

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
Revisions
96
Issuance
95
Momentum
77
Growth
69
Volatility
49
Value
32
Accruals
22
Size
1

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.

Wall Street

LRCX stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on LRCX, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$100$200$300$400$500Oct 25Jan 26Apr 26Jul 26LRCXHigh $500Median $367Low $290

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

What Wall Street says35 analysts
29 Buy6 Hold0 Sell
Low $290Median $367High $500

The green dot is the last close — the median target sits +26.5% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 6 moved their price target up and 4 moved it down.

DateFirmActionRatingTarget
25 Aug 2026MizuhoMaintainsOutperform$370 → $365
30 July 2026B. Riley SecuritiesMaintainsBuy$385 → $350
30 July 2026B. Riley SecuritiesMaintainsBuy—
30 July 2026JefferiesMaintainsBuy$315 → $335
30 July 2026JefferiesMaintainsBuy—
30 July 2026Morgan StanleyMaintainsOverweight$404 → $367
30 July 2026Morgan StanleyMaintainsOverweight—
30 July 2026NeedhamReiteratesBuy$390
30 July 2026NeedhamReiteratesBuy—
30 July 2026Wells FargoMaintainsOverweight—
30 July 2026Wells FargoMaintainsOverweight$450 → $350
20 July 2026Evercore ISI GroupMaintainsOutperform$300 → $355
20 July 2026Evercore ISI GroupMaintainsOutperform—
10 July 2026NeedhamMaintainsBuy$300 → $390
10 July 2026NeedhamMaintainsBuy—
10 July 2026StifelMaintainsBuy$325 → $425
10 July 2026StifelMaintainsBuy—
9 July 2026MizuhoMaintainsOutperform$380 → $400
9 July 2026MizuhoMaintainsOutperform—
9 July 2026TD CowenMaintainsBuy$340 → $400

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

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.

Free, every Monday. Unsubscribe any time.

Performance

LRCX vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 1 Sept 2026, Lam Research Corp. returned +191.6% against +19.4% for the S&P 500, dividends included.

LRCX vs S&P 500, last 12 monthsTotal return, rebased to 100
100200300400Oct 25Jan 26Apr 26Jul 26LRCXS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

LRCX analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+19.2%
Analysts raising
27
Analysts cutting
0
Fundamentals

Lam Research Corp. (LRCX) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
52.3×

Cheaper than 14% of US stocks

Price / sales
16.3×

Cheaper than 10% of US stocks

Price / book
30.3×

Cheaper than 3% of US stocks

EV / EBITDA
43.5×

Cheaper than 6% of US stocks

Growth & margins
Revenue growth (YoY)
30.0%

Higher than 78% of US stocks

Earnings growth (YoY)
32.4%

Higher than 67% of US stocks

Gross margin
51.7%

Higher than 65% of US stocks

Operating margin
37.4%

Higher than 91% of US stocks

Net margin
31.3%

Higher than 90% of US stocks

Returns & dividend
Return on equity
65.1%

Higher than 94% of US stocks

Return on assets
22.8%

Higher than 99% of US stocks

Dividend yield
0.3%

Higher than 6% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Lam Research Corp. (LRCX) statistics: revenue, profit & scale

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 $377.8B and an enterprise value of $376.3B.

  • 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.

  • Shares outstanding: 1.3B.

  • Trailing P/E: 52.3×; forward P/E: 26.1× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.34%, paying out 18% of earnings.

  • Lam Research Corp. employs 23,300 people — $997K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 31 Aug 2026

Data provided by Twelve Data

Peers

LRCX vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSemiconductor Equipment & Materials
CompanyMarket capTKN rank
LRCXLam Research Corp.$377.8B
77
AMATApplied Materials, Inc.$363.5B
70
KLACKLA Corp.$229.2B
63
TERTeradyne, Inc.$54.7B
81
QQnity Electronics, Inc.$25.0B
27
ENTGEntegris, Inc.$20.6B
71
ORCLOracle Corp.*$429.5B
34

* 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 →

News

Latest LRCX news & analysis

Semiconductor Stocks Slide as Global Bond Selloff Lifts Yields: Intel Drops 3%, NVIDIA and AMD Slip

24/7 Wall Street · 1 Sept 2026negative

Semiconductor stocks fell at Tuesday's open as a global bond selloff pushed long-term yields higher, prompting investors to reassess the market's highest-valued sectors. Intel dropped roughly 3%, while NVIDIA and AMD also slipped in the session.

Why it matters — As a semiconductor maker, LRCX could be affected by rising yields that pressure high-multiple tech stocks broadly, making the sector's valuation outlook and sentiment a relevant factor for shareholders.

Lam Research: Buy The Summer Pullback (Rating Upgrade)

Seeking Alpha · 1 Sept 2026positive

Lam Research was upgraded to a buy rating, citing accelerating growth, margin expansion, and reduced China risk following the recent stock pullback. The company reported 30% year-over-year revenue growth in the June quarter driven by AI and memory demand, and guided for 52% YoY revenue growth and 71% YoY EPS growth in the September quarter.

Why it matters — This signal of a rating upgrade alongside expectations of further revenue and earnings acceleration is directly relevant to LRCX watchers tracking the company's near-term growth trajectory.

Is Lam Research an Undervalued Stock to Buy?

The Motley Fool · 1 Sept 2026positive

The Motley Fool published an article asking whether Lam Research is an undervalued stock to buy. The piece notes that semiconductor demand is booming and that companies are working to ramp up production.

Why it matters — Strong semiconductor demand and production ramp-ups directly affect the sector Lam Research serves, making this a relevant consideration for LRCX watchers.

Dividend Announcements: August 22-28, 2026

Seeking Alpha · 31 Aug 2026neutral

In a weekly review of dividend announcements covering August 22-28, 2026, LRCX delivered the largest dividend increase of the period at 26.92% and holds the highest Quality Score among the 9 stocks that announced increases. However, its dividend yield is minimal at 0.44% and its valuation appears stretched.

Why it matters — LRCX watchers would note the company's strong dividend growth and top quality rating, balanced against a very low yield and potentially stretched valuation.

Why Is Lam Research (LRCX) Up 7% Since Last Earnings Report?

Zacks Investment Research · 28 Aug 2026positive

Lam Research reported earnings 30 days ago, and its stock has risen 7% since that report. The item notes this gain and raises the question of what may come next for the stock.

Why it matters — A Lam Research watcher would care because the stock's 7% post-earnings gain signals how investors have reacted to the latest results and what may lie ahead.

FAQ

Frequently asked questions about LRCX stock

What is the LRCX stock price forecast for 2026-2027?

The 35 Wall Street analysts covering Lam Research Corp. have a median 12-month price target of $367, with estimates ranging from $290 to $500. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is LRCX stock a buy right now?

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. 77 out of 100 across roughly 4,600 US stocks as at 31 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank LRCX?

As at 31 Aug 2026, Lam Research Corp. ranks 77 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).

Will LRCX stock go up?

No one can know that. What the data says: the median 12-month target from 35 analysts implies +26.5% from the last close, and Ticker Nerd's factor model ranks Lam Research Corp. 77 out of 100 as at 31 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the LRCX stock forecast for 2030?

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.

How has LRCX stock performed over the past year?

Lam Research Corp. returned +191.6% over the 12 months to 1 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Lam Research Corp. do?

Lam Research Corp. is a semiconductor equipment company that designs, manufactures, markets, refurbishes, and services processing systems used to make integrated circuits.

What is the latest news on LRCX?

The most recent item we track (24/7 Wall Street, 1 Sept 2026): "Semiconductor Stocks Slide as Global Bond Selloff Lifts Yields: Intel Drops 3%, NVIDIA and AMD Slip". Semiconductor stocks fell at Tuesday's open as a global bond selloff pushed long-term yields higher, prompting investors to reassess the market's highest-valued sectors. Intel dropped roughly 3%, while NVIDIA and AMD also slipped in the session.

Company

About Lam Research Corp.

Lam Research Corp. is a semiconductor equipment company that designs, manufactures, markets, refurbishes, and services processing systems used to make integrated circuits. The company’s products support critical wafer fabrication steps such as thin film deposition, plasma etch, wafer cleaning, and related automation tools, making it an important supplier to chipmakers worldwide. Lam Research serves customers across major semiconductor manufacturing regions, including the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Its equipment is used in both front-end wafer processing and back-end wafer-level packaging, as well as in adjacent manufacturing areas such as microelectromechanical systems. The company plays a central role in the semiconductor supply chain by providing tools that help manufacturers build smaller, more complex, and more precise electronic devices.

CEO Mr. Timothy M. Archer · 23,300 employees · United States · https://www.lamresearch.com