Lam Research Corp (LRCX) Stock Forecast & Price Target
Lam Research Corp · NASDAQ
$269.56-22.05 (-7.56%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 26 firms covering Lam Research Corp, 23 rate it Buy or better, 3 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets span $300.00 to $500.00, a moderate spread. The average target of $409.27 sits 52% above the current $269.56. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 21 to 22 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.83 next quarter toward $8.18 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS26 ratings
Strong Buy
Strong Buy00%
Buy2388%
Hold312%
Sell00%
Strong Sell00%
Based on 26 analysts giving stock ratings to Lam Research Corp.
As of Jul, 22 of 25 firms rate LRCX a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
LRCX EPS & revenue forecast
EPS · NEXT QUARTER
$1.83
Range $1.67 – $2.21 · 26 analysts · +45% YoY
Next period, 26 analysts expect Lam Research Corp to earn $1.83 a share (range $1.67 – $2.21), versus $1.26 a year earlier. , growing to $8.18 the year after.
REVENUE · NEXT QUARTER
$7.1B
Range $6.7B – $7.9B · 26 analysts · +33% YoY
Revenue is expected to reach $7.1B (range $6.7B – $7.9B), +33.2% year-over-year., rising to $31.0B next year.
Top analysts covering Lam Research Corp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on LRCX.
#1
Steve Barger
Keybanc · Rank #91
Hold
No targeton LRCX
Overall win rate
47%
+ Follow
#2
Charles Shi
Needham · Rank #126
Buy
$390.00+44.7% to target
Overall win rate
45%
+ Follow
#3
Craig Ellis
B. Riley Securities · Rank #137
Buy
$375.00+39.1% to target
Overall win rate
43%
+ Follow
#4
Vijay Rakesh
Mizuho
Buy
$400.00+48.4% to target
Coverage
—
+ Follow
#5
CM
C.J. Muse
Cantor Fitzgerald
Buy
$500.00+85.5% to target
Coverage
—
+ Follow
LRCX stock forecast FAQ
What is LRCX's average 12-month price target?+
The 15 analysts with a live target average $409.27 for Lam Research Corp over the next 12 months, ranging from a $500.00 high to a $300.00 low.
Is LRCX stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 26 analyst ratings, 23 are Buy or Strong Buy, 3 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for LRCX?+
The Street-high target is $500.00 (Cantor Fitzgerald), and the Street-low is $300.00 (Seaport Global). The average of all 15 active targets is $409.27.
How many Wall Street analysts cover LRCX?+
26 analysts have an active rating on Lam Research Corp, and 15 firms carry a live 12-month price target.
Who is the most accurate analyst covering LRCX?+
Among analysts who currently cover LRCX, Steve Barger of Keybanc has the strongest overall Quantellect track record (Rank #91). Their current call is Hold.
What is Lam Research Corp's projected EPS for next quarter?+
The consensus estimate is $1.83 per share (range $1.67 – $2.21) across 26 analysts, rising to $8.18 the following year.
How much revenue is Lam Research Corp expected to report next quarter?+
Consensus revenue is $7.1B (range $6.7B – $7.9B), growing to $31.0B next year.
Have analysts been upgrading or downgrading LRCX lately?+
As of Jul, 22 of 25 firms rate LRCX a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their LRCX calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
