Consensus Rating1
Buy
Highest Price Target1
$1200.00
Lowest Price Target1
$76.00
Consensus Price Target1
$691.24

Lam Research (NASDAQ:LRCX) Stock, Analyst Ratings, Price Targets, Forecasts

Lam Research Corp has a consensus price target of $691.24 based on the ratings of 27 analysts. The high is $1200 issued by Evercore ISI Group on April 16, 2024. The low is $76 issued by Morgan Stanley on October 24, 2024. The 3 most-recent analyst ratings were released by Cantor Fitzgerald, Morgan Stanley, and Stifel on October 24, 2024, respectively. With an average price target of $92 between Cantor Fitzgerald, Morgan Stanley, and Stifel, there's an implied 23.31% upside for Lam Research Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
2
Aug
1
2
Sep
4
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Cantor Fitzgerald
Morgan Stanley
Stifel
Wells Fargo
B. Riley Securities

1calculated from analyst ratings

Analyst Ratings for Lam Research

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FAQ

Q

What is the target price for Lam Research (LRCX) stock?

A

The latest price target for Lam Research (NASDAQ:LRCX) was reported by Cantor Fitzgerald on October 24, 2024. The analyst firm set a price target for $100.00 expecting LRCX to rise to within 12 months (a possible 33.89% upside). 59 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Lam Research (LRCX)?

A

The latest analyst rating for Lam Research (NASDAQ:LRCX) was provided by Cantor Fitzgerald, and Lam Research reiterated their neutral rating.

Q

When was the last upgrade for Lam Research (LRCX)?

A

The last upgrade for Lam Research Corp happened on October 13, 2023 when Needham raised their price target to $800. Needham previously had a hold for Lam Research Corp.

Q

When was the last downgrade for Lam Research (LRCX)?

A

The last downgrade for Lam Research Corp happened on December 8, 2023 when Morgan Stanley changed their price target from N/A to $720 for Lam Research Corp.

Q

When is the next analyst rating going to be posted or updated for Lam Research (LRCX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lam Research, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lam Research was filed on October 24, 2024 so you should expect the next rating to be made available sometime around October 24, 2025.

Q

Is the Analyst Rating Lam Research (LRCX) correct?

A

While ratings are subjective and will change, the latest Lam Research (LRCX) rating was a reiterated with a price target of $100.00 to $100.00. The current price Lam Research (LRCX) is trading at is $74.69, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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