Lam Research (LRCX) Stock Price Target 2026

The average analyst price target for Lam Research is $346.12, 69.1% above the current price. Of 21 analysts, 20 rate it Buy and 1 Hold. Targets range from $127 to $500. The latest change came on Oct 22, 2026, when UBS lowered its price target on Lam Research from $425 to $400 and kept a Buy rating.

The Average Analyst Price Target for Lam Research is $346.12.

Price Target Range — 6 Quarters

Analyst Consensus — 21 Analysts

20Buy

1Hold

Consensus RatingBuy# Analysts21Avg. Consensus PT$346.12Upside to Avg. PT+69.1%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Lam Research Stock

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Date	Firm	Analyst	Action	Rating Change	Price Target
Oct 22, 2026	UBS	Timothy Arcuri	PT Cut	Buy	$425→$400
Oct 22, 2026	Citigroup	Atif Malik	PT Cut	Buy	$450→$435
Oct 22, 2026	Morgan Stanley	Shane Brett	PT Cut	Overweight	$385→$339
Oct 22, 2026	Mizuho	Vijay Rakesh	PT Cut	Outperform	$365→$360
Oct 22, 2026	Needham	Charles Shi	PT Cut	Buy	$390→$290
Oct 20, 2026	Evercore ISI Group	Mark Lipacis	PT Cut	Outperform	$355→$315
Oct 5, 2026	Morgan Stanley	Shane Brett	PT Raise	Overweight	$367→$385
Oct 1, 2026	B. Riley Securities	Craig Ellis	PT Raise	Buy	$350→$390
Sep 1, 2026	UBS	Timothy Arcuri	PT Cut	Buy	$435→$425
Aug 25, 2026	Mizuho	Vijay Rakesh	PT Cut	Outperform	$370→$365
Jul 30, 2026	Morgan Stanley	Shane Brett	PT Cut	Overweight	$404→$367
Jul 30, 2026	B. Riley Securities	Craig Ellis	PT Cut	Buy	$385→$350
Jul 30, 2026	Wells Fargo	Joe Quatrochi	PT Cut	Overweight	$450→$350
Jul 30, 2026	Needham	Charles Shi	Maintained	Buy	$390
Jul 30, 2026	Jefferies	Blayne Curtis	PT Raise	Buy	$315→$335
Jul 20, 2026	Evercore ISI Group	Mark Lipacis	PT Raise	Outperform	$300→$355
Jul 10, 2026	Stifel	Brian Chin	PT Raise	Buy	$325→$425
Jul 10, 2026	Needham	Charles Shi	PT Raise	Buy	$300→$390
Jul 9, 2026	TD Cowen	Krish Sankar	PT Raise	Buy	$340→$400
Jul 9, 2026	Mizuho	Vijay Rakesh	PT Raise	Outperform	$380→$400