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Lam Research Corp
NASDAQ:LRCX

Watchlist Manager
Lam Research Corp Logo
Lam Research Corp
NASDAQ:LRCX
Watchlist
Price: 870.25 USD -2.1% Market Closed
Updated: Apr 20, 2024

Wall Street
Price Targets

LRCX Price Targets Summary
Lam Research Corp

Wall Street analysts forecast LRCX stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for LRCX is 973.15 USD with a low forecast of 676.7 USD and a high forecast of 1 260 USD.

Lowest
Price Target
676.7 USD
22% Downside
Average
Price Target
973.15 USD
12% Upside
Highest
Price Target
1 260 USD
45% Upside

LRCX Last Price Targets
Lam Research Corp

The latest public price target was made on Apr 19, 2024 by Craig Ellis from B.Riley Financial , who expects LRCX stock to rise by 26% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Craig Ellis
B.Riley Financial
1 100 USD
Upside 26%
1 day ago
Apr 19, 2024
B.Riley Upgrades Lam Research (LRCX) to Buy
StreetInsider
Quinn Bolton
Needham
1 030 USD
Upside 18%
2 days ago
Apr 18, 2024
Lam Research (LRCX) PT Raised to $1,030 at Needham
StreetInsider
Brian Chin
Stifel Nicolaus
1 050 USD
Upside 21%
4 days ago
Apr 16, 2024
Lam Research (LRCX) PT Raised to $1,050 at Stifel
StreetInsider
Melissa Weathers
Deutsche Bank
1 000 USD
Upside 15%
1 week ago
Apr 11, 2024
Deutsche Bank Starts Lam Research (LRCX) at Hold
StreetInsider
Timothy Arcuri
UBS
1 130 USD
Upside 30%
1 week ago
Apr 8, 2024
UBS says Lam Research (LRCX) is only SPE stock they have a Buy rating on
StreetInsider
Mehdi Hosseini
Susquehanna
615 USD
Downside 29%
6 months ago
Oct 19, 2023
Lam Research Faces Analyst Scrutiny Over Near-Term Margin and China Demand Uncertainties
Benzinga
Charles Shi
Needham
800 USD
Downside 8%
6 months ago
Oct 19, 2023
Lam Research Faces Analyst Scrutiny Over Near-Term Margin and China Demand Uncertainties
Benzinga
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Craig Ellis
B.Riley Financial
Price Target 1 100 USD
Upside/Downside 26%
View Source
Quinn Bolton
Needham
Price Target 1 030 USD
Upside/Downside 18%
View Source
Brian Chin
Stifel Nicolaus
Price Target 1 050 USD
Upside/Downside 21%
View Source
Melissa Weathers
Deutsche Bank
Price Target 1 000 USD
Upside/Downside 15%
View Source
Timothy Arcuri
UBS
Price Target 1 130 USD
Upside/Downside 30%
View Source
Mehdi Hosseini
Susquehanna
Price Target 615 USD
Upside/Downside 29%
View Source
Charles Shi
Needham
Price Target 800 USD
Upside/Downside 8%
View Source
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Lam Research Corp Competitors:
Price Targets
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ACM Research Shanghai Inc
55% Upside
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ACM Research Inc
55% Upside
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ViTrox Corporation Bhd
4% Upside
146320
BCNC Co Ltd
35% Upside
WAF
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18% Upside
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Xinjiang Daqo New Energy Co Ltd
35% Upside
ENPH
Enphase Energy Inc
28% Upside
6323
Rorze Corp
30% Downside

Revenue
Forecast

Revenue Estimate
Lam Research Corp

For the last 8 years the compound annual growth rate for Lam Research Corp's revenue is 16%. The projected CAGR for the next 3 years is 6%.

16%
Past Growth
6%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Lam Research Corp

For the last 8 years the compound annual growth rate for Lam Research Corp's operating income is 25%. The projected CAGR for the next 3 years is 8%.

25%
Past Growth
8%
Estimated Growth
Estimates Accuracy
-5%
Average Miss

Net Income
Forecast

Net Income Estimate
Lam Research Corp

For the last 8 years the compound annual growth rate for Lam Research Corp's net income is 27%. The projected CAGR for the next 3 years is 10%.

27%
Past Growth
10%
Estimated Growth
Estimates Accuracy
9%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is LRCX's stock price target?
Price Target
973.15 USD

According to Wall Street analysts, the average 1-year price target for LRCX is 973.15 USD with a low forecast of 676.7 USD and a high forecast of 1 260 USD.

What is Lam Research Corp's Revenue forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for Lam Research Corp's revenue is 16%. The projected CAGR for the next 3 years is 6%.

What is Lam Research Corp's Operating Income forecast?
Projected CAGR
8%

For the last 8 years the compound annual growth rate for Lam Research Corp's operating income is 25%. The projected CAGR for the next 3 years is 8%.

What is Lam Research Corp's Net Income forecast?
Projected CAGR
10%

For the last 8 years the compound annual growth rate for Lam Research Corp's net income is 27%. The projected CAGR for the next 3 years is 10%.