Lam Research Corporation (LRCX) Stock Forecast
LRCX analyst forecast
as of October 18, 2026- Analyst consensus
- Strong buy 4.54 / 5 from 35 analysts
- Price target
- $375.81 average of analyst targets
- Upside to target
- +42.4% from the latest close
- Next earnings
- October 21, 2026 EPS estimate $2.17
- 52-week range
- $139.59 – $433.33
LRCX analyst ratings
35 analystsNumber of analysts at each rating.
LRCX price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
LRCX earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.18 | $2.09 | $2.28 | $1.26 | +72.8% | 25 |
| Next quarter (Dec '26) | $2.31 | $2.11 | $2.55 | $1.27 | +82.0% | 25 |
| Current fiscal year (FY2027) | $9.48 | $8.44 | $10.82 | $5.82 | +62.8% | 30 |
| Next fiscal year (FY2028) | $11.77 | $8.96 | $15.12 | $9.48 | +24.2% | 26 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
LRCX revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $8.13B | $7.89B | $8.39B | +52.8% | 24 |
| Next quarter (Dec '26) | $8.52B | $8.08B | $9.00B | +59.5% | 24 |
| Current fiscal year (FY2027) | $34.92B | $32.45B | $37.31B | +50.3% | 30 |
| Next fiscal year (FY2028) | $41.57B | $31.38B | $48.08B | +19.0% | 26 |
LRCX EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
LRCX revenue: reported and forecast
LRCX EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.82 | $2.18 | $2.18 | $2.18 | $2.18 | +19.6% | 22 up · 0 down |
| Next quarter (Dec '26) | $1.98 | $2.31 | $2.31 | $2.31 | $2.31 | +16.7% | 1 up · 0 down |
| Current fiscal year (FY2027) | $8.11 | $9.46 | $9.47 | $9.47 | $9.48 | +16.8% | 2 up · 0 down |
| Next fiscal year (FY2028) | $9.96 | $11.56 | $11.65 | $11.76 | $11.77 | +18.1% | 3 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
LRCX earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; LRCX beat in 12 of 12.
What analysts expect from LRCX
35 analysts cover Lam Research; their consensus rating is strong buy (4.54 on a 1–5 scale, where 5 is a strong buy). The average price target is $375.81, 42.4% above the latest close of $263.94. Analysts expect earnings of $9.48 per share for FY2027, +62.8% from a year earlier. For FY2028 the average estimate is $11.77 per share on revenue of $41.6 billion. Lam Research beat the EPS estimate in 12 of the last 12 quarters.
Related: LRCX income statement, LRCX key metrics, LRCX chart. See the LRCX stock overview for the latest quote and news.
LRCX forecast FAQ
What is Lam Research's price target?
The average analyst price target for Lam Research is $375.81, 42.4% above the latest close of $263.94.
Is Lam Research a buy, hold or sell?
Of 35 analysts covering Lam Research, 25 rate it a strong buy, 4 a buy, 6 a hold, 0 a sell and 0 a strong sell, a consensus of strong buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Lam Research's EPS forecast?
Analysts forecast $9.48 per share for FY2027 (range $8.44 to $10.82); for FY2028 the estimate is $11.77.
What is Lam Research's revenue forecast?
The average revenue estimate for FY2027 is $34.9 billion, growth of 50.3%; for FY2028 it is $41.6 billion.
When does Lam Research report earnings?
Lam Research is expected to report results for the quarter ending September 30, 2026 on October 21, 2026 after the market closes; the EPS estimate is $2.17.
Does Lam Research usually beat earnings estimates?
Lam Research reported EPS at or above the analyst estimate in 12 of the last 12 quarters.