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NASDAQ: LRCX
Lam Research Corp Stock Forecast, Predictions & Price Target

Analyst price target for LRCX

Based on 15 analysts offering 12 month price targets for Lam Research Corp.
Min Forecast
$700.00-26.02%
Avg Forecast
$897.13-5.18%
Max Forecast
$1,130.00+19.43%

Should I buy or sell LRCX stock?

Based on 15 analysts offering ratings for Lam Research Corp.
Buy
Strong Buy
7 analysts 46.67%
Buy
2 analysts 13.33%
Hold
6 analysts 40%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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LRCX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-08
lockedlocked$00.00+00.00%2024-04-02
lockedlocked$00.00+00.00%2024-03-05
lockedlocked$00.00+00.00%2024-01-29
lockedlocked$00.00+00.00%2024-01-26
Citigroup
Top 1%
100
Strong BuyMaintains$975.00+3.05%2024-01-25
Mizuho
Top 1%
100
Strong BuyMaintains$935.00-1.18%2024-01-25
Stifel Nicolaus
Top 7%
94
Strong BuyMaintains$950.00+0.40%2024-01-25
Raymond James
Top 4%
97
BuyMaintains$950.00+0.40%2024-01-25
Barclays
Top 1%
100
HoldMaintains$825.00-12.81%2024-01-25

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Forecast return on equity

Is LRCX forecast to generate an efficient return?
Company
N/A
Industry
0.05%
Market
20.28%

Forecast return on assets

Is LRCX forecast to generate an efficient return on assets?
Company
N/A
Industry
0.04%

LRCX revenue forecast

What is LRCX's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$14.7B+2.81%
Avg 2 year Forecast
$16.9B+17.95%
Avg 3 year Forecast
$18.8B+31.12%
LRCX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

LRCX earnings growth forecast

How is LRCX forecast to perform vs Semiconductor Equipment & Materials companies and vs the US market?
Company
33.12%
Industry
16.74%
Market
28.62%
LRCX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
LRCX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
LRCX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

LRCX revenue growth forecast

How is LRCX forecast to perform vs Semiconductor Equipment & Materials companies and vs the US market?
Company
8.34%
Industry
10.19%
Market
9.42%
LRCX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
LRCX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

LRCX vs Semiconductor Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
LRCX$946.17$897.13-5.18%Buy
KLAC$678.49$684.64+0.91%Buy
AMAT$205.68$209.75+1.98%Buy
ENTG$131.67$146.88+11.55%Buy
TER$104.42$107.73+3.17%Buy

Lam Research Stock Forecast FAQ

Is Lam Research Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NASDAQ: LRCX) stock is to Buy LRCX stock.

Out of 15 analysts, 7 (46.67%) are recommending LRCX as a Strong Buy, 2 (13.33%) are recommending LRCX as a Buy, 6 (40%) are recommending LRCX as a Hold, 0 (0%) are recommending LRCX as a Sell, and 0 (0%) are recommending LRCX as a Strong Sell.

If you're new to stock investing, here's how to buy Lam Research stock.

What is LRCX's revenue growth forecast for 2024-2026?

(NASDAQ: LRCX) Lam Research's forecast annual revenue growth rate of 8.34% is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast revenue growth rate of 10.19%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.42%.

Lam Research's revenue in 2024 is $14,317,147,000.On average, 8 Wall Street analysts forecast LRCX's revenue for 2024 to be $1,929,790,929,465, with the lowest LRCX revenue forecast at $1,919,389,872,960, and the highest LRCX revenue forecast at $1,946,413,085,526. On average, 6 Wall Street analysts forecast LRCX's revenue for 2025 to be $2,213,958,255,201, with the lowest LRCX revenue forecast at $2,134,514,163,600, and the highest LRCX revenue forecast at $2,296,115,261,181.

In 2026, LRCX is forecast to generate $2,461,061,976,219 in revenue, with the lowest revenue forecast at $2,428,617,523,500 and the highest revenue forecast at $2,522,514,803,130.

What is LRCX's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: LRCX) forecast ROA is N/A, which is lower than the forecast US Semiconductor Equipment & Materials industry average of 0.04%.

What is LRCX's Price Target?

According to 15 Wall Street analysts that have issued a 1 year LRCX price target, the average LRCX price target is $897.13, with the highest LRCX stock price forecast at $1,130.00 and the lowest LRCX stock price forecast at $700.00.

On average, Wall Street analysts predict that Lam Research's share price could fall to $897.13 by Apr 8, 2025. The average Lam Research stock price prediction forecasts a potential downside of 5.18% from the current LRCX share price of $946.17.

What is LRCX's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: LRCX) forecast ROE is N/A, which is considered weak.
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