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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's stock outlook is supported by significant growth in memory spending, with DRAM revenue increasing 36% quarter-over-quarter and 13% year-over-year, fueled by ongoing transitions in node technology and strong demand for high-bandwidth memory. The company's services revenue has also shown resilience, up 12% quarter-over-quarter and 14% year-over-year, largely due to upgrades related to NAND technology. Furthermore, the company's share of the global wafer fabrication equipment market has notably expanded to approximately 15%, and the outlook for the wafer fabrication equipment market in calendar year 2026 anticipates a growth of around 23% year-over-year, indicating positive future demand dynamics.

Bears say

Lam Research is facing significant headwinds, including a 90 basis points quarter-over-quarter decline in gross margins due to a less favorable customer mix, particularly with decreasing revenue from China. The company is experiencing a slowdown in demand from key customers TSMC and Samsung, compounded by anticipated capital expenditure cuts at Intel, which could lead to reduced spending in the semiconductor equipment sector. Furthermore, limitations in cleanroom capacity may result in order pushouts or cancellations, dampening the company's growth potential and exacerbating its reliance on a shrinking share of revenue from China.

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 Feb 4, 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 $226.54, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $226.54, 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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