Lam Research Corp (LRCX) Stock Forecast & Price Target
Lam Research Corp · NASDAQ
$320.15+12.50 (+4.06%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 24 firms covering Lam Research Corp, 21 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 $391.29 sits 22% above the current $320.15. The rating mix has stayed broadly stable, with Buy-side ratings easing from 23 to 21 over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.31 next quarter toward $11.57 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS24 ratings
Strong Buy
Strong Buy00%
Buy2188%
Hold313%
Sell00%
Strong Sell00%
Based on 24 analysts giving stock ratings to Lam Research Corp.
As of Sep, 21 of 22 firms rate LRCX a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
LRCX EPS & revenue forecast
EPS · NEXT QUARTER
$2.31
Range $2.11 – $2.55 · 25 analysts · +82% YoY
Next period, 25 analysts expect Lam Research Corp to earn $2.31 a share (range $2.11 – $2.55), versus $1.27 a year earlier. Full-year consensus is $9.46, growing to $11.57 the year after.
REVENUE · NEXT QUARTER
$8.5B
Range $8.1B – $8.9B · 25 analysts · +59% YoY
Revenue is expected to reach $8.5B (range $8.1B – $8.9B), +59.3% year-over-year. Full-year consensus is $34.8B, rising to $40.7B 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 #88
Hold
No targeton LRCX
Overall win rate
49%
+ Follow
#2
Charles Shi
Needham · Rank #97
Buy
$390.00+21.8% to target
Overall win rate
50%
+ Follow
#3
Craig Ellis
B. Riley Securities · Rank #154
Buy
$350.00+9.3% to target
Overall win rate
43%
+ Follow
#4
Vijay Rakesh
Mizuho
Buy
$365.00+14.0% to target
Coverage
—
+ Follow
#5
CM
C.J. Muse
Cantor Fitzgerald
Buy
$500.00+56.2% to target
Coverage
—
+ Follow
LRCX stock forecast FAQ
What is LRCX's average 12-month price target?+
The 17 analysts with a live target average $391.29 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 24 analyst ratings, 21 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 17 active targets is $391.29.
How many Wall Street analysts cover LRCX?+
24 analysts have an active rating on Lam Research Corp, and 17 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 #88). Their current call is Hold.
What is Lam Research Corp's projected EPS for next quarter?+
The consensus estimate is $2.31 per share (range $2.11 – $2.55) across 25 analysts. Full-year EPS is projected at $9.46, rising to $11.57 the following year.
How much revenue is Lam Research Corp expected to report next quarter?+
Consensus revenue is $8.5B (range $8.1B – $8.9B). Full-year revenue is projected at $34.8B, growing to $40.7B next year.
Have analysts been upgrading or downgrading LRCX lately?+
As of Sep, 21 of 22 firms rate LRCX a Buy (1 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.
