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LRCX

Lam Research (LRCX) Stock Forecast & Price Target

Lam Research (LRCX) Analyst Ratings

Based on 26 analyst ratings
Buy
Strong Buy 46%
Buy 42%
Hold 12%
Sell 0%
Strong Sell 0%

Bulls say

Lam Research is experiencing positive growth driven by significant increases in memory spending, particularly with DRAM revenue growing 36% quarter-over-quarter, supported by ongoing node transitions and demand for advanced memory technologies like HBM4/4E. The company has also demonstrated a robust performance in service revenue, which grew 12% quarter-over-quarter, underpinned by enhancements in Reliant systems and NAND-related upgrades. Furthermore, Lam's expanding market share in global wafer fabrication equipment (WFE), rising from approximately 10% a decade ago to about 15%, alongside a projected 23% increase in CY26 WFE to $135 billion, positions the company favorably for future growth in the semiconductor industry.

Bears say

The financial outlook for Lam Research is negatively impacted by a combination of unfavorable customer mix and decreasing revenue from China, which constituted 35% of total revenue in recent quarters. Additionally, there are significant headwinds from expected reductions in capital expenditures among key clients like TSMC, Intel, and Samsung, alongside challenges related to cleanroom capacity that could lead to order delays or cancellations. These factors create a constrained environment for semiconductor manufacturing equipment sales, thereby restricting the potential for revenue growth in the near term.

Lam Research (LRCX) has been analyzed by 26 analysts, with a consensus rating of Buy. 46% of analysts recommend a Strong Buy, 42% recommend Buy, 12% 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 26 analysts, Lam Research (LRCX) has a Buy consensus rating as of Apr 6, 2026. 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 $231.27, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $231.27, 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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