Lam Research Stock Forecast, Price Target & Analyst Ratings
Median price target
The median of the latest 12-month price targets from 9 Wall Street analysts on Lam Research (LRCX), as of November 2026, against the last close of $200.44.
How we calculate these numbers
Median of each firm’s most recent 12-month price target published in the last 3 months (9 firms). Last close $200.44 on Nov 6, 2026. Each target comes from an analyst note listed on this page. Report an error
- Range
- $290 Needham → $400 Lynx Equity
- Average
- $355 of the same 9 targets
- Ratings · last 3 months
- 8 of 8 analysts rate it Buy
All Lam Research notes 92
Every research note on Lam Research, newest first. Open one to read the analyst’s own words.
Lynx EquityKept rating and price target Oct 28$400maintained
BernsteinBuyCut price target −9%, kept rating Oct 22$350from $385
UBSBuyCut price target −6%, kept rating Oct 22$400from $425
Morgan StanleyBuyCut price target −12%, kept rating Oct 22$339from $385
Bank of AmericaBuyCut price target −10%, kept rating Oct 22$345from $385
NeedhamBuyCut price target −26%, kept rating Oct 22$290from $390
MizuhoBuyCut price target −1%, kept rating Oct 22$360from $365
B RileyBuyCut price target −13%, kept rating Oct 19$338from $390
Deutsche BankBuyRaised price target +17%, kept rating Oct 19$375from $320B RileyBuyRaised price target +11%, kept rating Oct 1$390from $350B RileyBuyCut price target −9%, kept rating Jul 30$350from $385
Wells FargoBuyCut price target −22%, kept rating Jul 30$350from $450Morgan StanleyBuyCut price target −9%, kept rating Jul 30$367from $404MizuhoBuyCut price target −8%, kept rating Jul 30$370from $400
EvercoreBuyKept rating and price target Jul 21$355maintainedUBSBuyRaised price target +16%, kept rating Jul 15$435from $375
StifelBuyRaised price target +31%, kept rating Jul 10$425from $325MizuhoBuyRaised price target +5%, kept rating Jul 9$400from $380
TD CowenBuyRaised price target +18%, kept rating Jul 9$400from $340Lynx EquityHoldRaised price target, kept rating Jul 6$400Morgan StanleyBuyRaised price target +22%, kept rating Jul 6$404from $331
Lam Research share price and 12-month targets
The candles show the share price. The dotted lines run from today’s price to the highest, median and lowest 12-month analyst targets.
How the target has moved
Median targetShare priceSince the end of January 2026, the median 12-month price target on Lam Research has risen 25%, from $280 to $350, while the share price has lost 14%. Buy ratings went from 89% to 100% of the firms covering the stock.
Month-by-month data and method
| Date | Median target | Firms | Buy | Share price |
|---|---|---|---|---|
| Today | $350 | 9 | 100% | $200.44 |
| Oct 31, 2026 | $350 | 9 | 100% | $239.11 |
| Sep 30, 2026 | $376 | 10 | 90% | $328.51 |
| Aug 31, 2026 | $400 | 16 | 93% | $301.49 |
| Jul 31, 2026 | $400 | 16 | 93% | $293.02 |
| Jun 30, 2026 | $358 | 18 | 100% | $433.33 |
| May 31, 2026 | $325 | 17 | 100% | $318.18 |
| Apr 30, 2026 | $315 | 17 | 100% | $257.86 |
| Mar 31, 2026 | $283 | 20 | 90% | $213.66 |
| Feb 28, 2026 | $283 | 20 | 90% | $233.89 |
| Jan 31, 2026 | $280 | 19 | 89% | $233.46 |
Each point is the median of every firm’s most recent 12-month target published in the three months before that date, the same rule as the headline median. Month-end points, plus today. Months when fewer than 7 firms had a recent target are not plotted. Prices and targets are split-adjusted.
Earnings reactions
How Wall Street moved its price targets right after each of Lam Research’s last 4 reports. Latest: Oct 21 · All companies
Lam Research stock forecast: questions
What is the price target for Lam Research stock?
As of November 2026, the median 12-month price target on Lam Research (LRCX) is $350, based on the latest target from each of 9 Wall Street analysts in the last 3 months. That is 75% above the latest price of $200.44.
What is the Lam Research stock forecast for 2027?
Wall Street’s 12-month price targets on Lam Research (LRCX) look ahead to October 2027. The median of the 9 latest targets is $350, 75% above the latest price, and they range from $290 to $400. A price target is an analyst’s estimate, not a promise.
Can Lam Research stock reach $400?
Lynx Equity has the highest 12-month price target on Lam Research, $400, 100% above the latest price of $200.44. At least half of the 9 analysts have a target at or below the median of $350.
What are the highest and lowest Lam Research price targets?
The highest 12-month target is $400 from Lynx Equity and the lowest is $290 from Needham.
Is Lam Research a Buy, Hold or Sell?
Over the last 3 months, 8 Wall Street analysts rate Lam Research: 8 Buy, 0 Hold and 0 Sell.
Why the median and not the average?
The median is the middle target, so one very high or very low call does not move it. The average of the same 9 targets is $355.