$864.00
-23.42[-2.64%]
At close: Apr 24
$864.00
0[0.00%]
After Hours: 7:55PM EDT
Lam Research
(NASDAQ:LRCX)Lam Research Stock (NASDAQ:LRCX), Analyst Ratings, Price Targets, Predictions
Lam Research Corp has a consensus price target of $722.87, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Needham, Stifel, and Evercore ISI Group on April 18, 2024, April 16, 2024, and April 16, 2024. With an average price target of $1093.33 between Needham, Stifel, and Evercore ISI Group, there's an implied 26.54% upside for Lam Research Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Needham
Stifel
Evercore ISI Group
Cantor Fitzgerald
Wells Fargo
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Lam Research
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/18/2024 | LRCX | Buy Now | Lam Research | $864.00 | 19.21% | Needham | Charles Shi | $900 → $1030 | Maintains | Buy | Get Alert |
| 04/16/2024 | LRCX | Buy Now | Lam Research | $864.00 | 21.53% | Stifel | Brian Chin | $950 → $1050 | Maintains | Buy | Get Alert |
| 04/16/2024 | LRCX | Buy Now | Lam Research | $864.00 | 38.89% | Evercore ISI Group | Mark Lipacis | → $1200 | Initiates | → Outperform | Get Alert |
| 04/08/2024 | LRCX | Buy Now | Lam Research | $864.00 | 27.31% | Cantor Fitzgerald | C J Muse | $900 → $1100 | Maintains | Neutral | Get Alert |
| 04/02/2024 | LRCX | Buy Now | Lam Research | $864.00 | 13.43% | Wells Fargo | Joseph Quatrochi | $930 → $980 | Maintains | Equal-Weight | Get Alert |
| 03/11/2024 | LRCX | Buy Now | Lam Research | $864.00 | 4.17% | Cantor Fitzgerald | C J Muse | → $900 | Reiterates | Neutral → Neutral | Get Alert |
| 03/05/2024 | LRCX | Buy Now | Lam Research | $864.00 | 30.79% | UBS | Timothy Arcuri | $885 → $1130 | Maintains | Buy | Get Alert |
| 03/04/2024 | LRCX | Buy Now | Lam Research | $864.00 | 4.17% | Cantor Fitzgerald | C J Muse | → $900 | Reiterates | Neutral → Neutral | Get Alert |
| 02/20/2024 | LRCX | Buy Now | Lam Research | $864.00 | 4.17% | Cantor Fitzgerald | C J Muse | → $900 | Reiterates | Neutral → Neutral | Get Alert |
| 02/12/2024 | LRCX | Buy Now | Lam Research | $864.00 | 4.17% | Cantor Fitzgerald | C J Muse | → $900 | Reiterates | Neutral → Neutral | Get Alert |
| 01/29/2024 | LRCX | Buy Now | Lam Research | $864.00 | 4.17% | Cantor Fitzgerald | C J Muse | → $900 | Reiterates | Neutral → Neutral | Get Alert |
| 01/29/2024 | LRCX | Buy Now | Lam Research | $864.00 | 1.85% | Susquehanna | Mehdi Hosseini | $655 → $880 | Maintains | Neutral | Get Alert |
| 01/26/2024 | LRCX | Buy Now | Lam Research | $864.00 | 5.56% | Goldman Sachs | Toshiya Hari | $700 → $912 | Maintains | Buy | Get Alert |
| 01/25/2024 | LRCX | Buy Now | Lam Research | $864.00 | 12.85% | Citigroup | Atif Malik | $800 → $975 | Maintains | Buy | Get Alert |
| 01/25/2024 | LRCX | Buy Now | Lam Research | $864.00 | 8.22% | Mizuho | Vijay Rakesh | $900 → $935 | Maintains | Buy | Get Alert |
| 01/25/2024 | LRCX | Buy Now | Lam Research | $864.00 | 9.95% | Stifel | Brian Chin | $850 → $950 | Maintains | Buy | Get Alert |
| 01/25/2024 | LRCX | Buy Now | Lam Research | $864.00 | 5.56% | Goldman Sachs | Toshiya Hari | $700 → $912 | Maintains | Buy | Get Alert |
| 01/25/2024 | LRCX | Buy Now | Lam Research | $864.00 | 9.95% | Raymond James | Srini Pajjuri | $850 → $950 | Maintains | Outperform | Get Alert |
| 01/25/2024 | LRCX | Buy Now | Lam Research | $864.00 | -4.51% | Barclays | Raimo Lenschow | $750 → $825 | Maintains | Equal-Weight | Get Alert |
FAQ
What is the target price for Lam Research (LRCX)?
The latest price target for Lam Research (NASDAQ: LRCX) was reported by Needham on April 18, 2024. The analyst firm set a price target for $1030.00 expecting LRCX to rise to within 12 months (a possible 19.21% upside). 43 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Lam Research (LRCX)?
The latest analyst rating for Lam Research (NASDAQ: LRCX) was provided by Needham, and Lam Research maintained their buy rating.
When was the last upgrade for Lam Research (LRCX)?
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.
When was the last downgrade for Lam Research (LRCX)?
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.
When is the next analyst rating going to be posted or updated for Lam Research (LRCX)?
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 April 18, 2024 so you should expect the next rating to be made available sometime around April 18, 2025.
Is the Analyst Rating Lam Research (LRCX) correct?
While ratings are subjective and will change, the latest Lam Research (LRCX) rating was a maintained with a price target of $900.00 to $1030.00. The current price Lam Research (LRCX) is trading at is $864.00, which is out of the analyst’s predicted range.
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