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LRCX

Lam Research (LRCX) Stock Forecast & Price Target

Lam Research (LRCX) Analyst Ratings

Based on 24 analyst ratings
Buy
Strong Buy 50%
Buy 33%
Hold 17%
Sell 0%
Strong Sell 0%

Bulls say

Lam Research has demonstrated a positive growth trajectory, evidenced by a valuation multiple increase from 24x to 26x, driven by strong momentum and favorable revisions. The company's financial model for CY28 maintains expected growth in Service revenues, projecting a 1.5x increase from CY24 levels and a potential doubling when the semiconductor industry reaches $1 trillion in revenues. Additionally, Lam's market share in the global wafer fabrication equipment sector has grown from approximately 10% a decade ago to around 15%, with impressive gross margins of 50.6% that have benefited from a favorable product mix, further supporting the bullish outlook for the company.

Bears say

The financial outlook for Lam Research appears negative due to significant downward revisions in revenue guidance, particularly influenced by new U.S. government export regulations and declining Chinese market contributions. The company's gross margins are projected to decrease to 48.5% as the customer mix worsens, with China's share of sales expected to shrink from 43% to under 30% by CY26. Additionally, Lam anticipates a $600 million reduction in sales due to the implementation of the "50% rule," alongside expected tariff-related challenges that could further dampen the company's financial performance in the near term.

Lam Research (LRCX) has been analyzed by 24 analysts, with a consensus rating of Buy. 50% of analysts recommend a Strong Buy, 33% recommend Buy, 17% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Lam Research and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Lam Research (LRCX) Forecast

Analysts have given Lam Research (LRCX) a Buy based on their latest research and market trends.

According to 24 analysts, Lam Research (LRCX) has a Buy consensus rating as of Dec 25, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $153.17, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $153.17, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Lam Research (LRCX)


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