Shared on 05 Dec 25

Fair value Increased 1.12%

LRCX: AI Memory And WFE Upswing Will Drive Balanced Future Returns

Analysts have nudged our Lam Research fair value estimate higher, from $158.52 to $160.30. This reflects increased confidence in the companys record profitability, sustained beat and raise cadence, and strengthening AI driven WFE demand despite some valuation pushback.

Shared on 21 Nov 25

Fair value Increased 0.32%

LRCX: AI Data Center Expansion Will Drive Memory Equipment Demand

Lam Research's analyst price target increased modestly by $0.50, as analysts point to sustained strength in advanced memory and 3D stacking technologies. Continued earnings beats and optimism around the company's positioning in the AI-driven upcycle are also noted.

Shared on 05 Nov 25

Fair value Increased 21%

LRCX: Future DRAM Demand and AI Infrastructure Will Drive Earnings Upside

The analyst price target for Lam Research was recently raised from $130.96 to $158.02. This significant increase was driven by analysts citing strong quarterly performance, continued leadership in critical technologies, and robust near-term outlooks for revenue and profitability.

Shared on 22 Oct 25

Fair value Increased 8.39%

Lam Research's analyst price target has been raised from approximately $121 to $131. Analysts cite stronger outlooks for memory markets, increased AI-related demand, and an improved competitive position in wafer fabrication equipment as key drivers for the upgrade.

Shared on 08 Oct 25

Fair value Increased 9.31%

Analysts have raised their price target for Lam Research, increasing the fair value estimate by approximately $10 to $120.82. This change is attributed to improving profit margins, stronger revenue growth forecasts, and constructive industry trends cited in recent research updates.

Shared on 23 Sep 25

Fair value Increased 1.31%

Lam Research's price target was raised to $110.53 as analysts cite strengthening demand for AI-driven wafer fab equipment, margin outperformance, and robust China outlook, partly offset by valuation concerns. Analyst Commentary Bullish analysts highlight strengthening demand for wafer fab equipment (WFE) driven by artificial intelligence inflection, increased NAND and DRAM high bandwidth memory spending, and accelerating AI infrastructure investments benefitting Lam Research's product exposure.

Shared on 04 Aug 25

Fair value Increased 8.61%

The consensus Analyst Price Target for Lam Research has increased notably, primarily driven by a slight improvement in the company's forward valuation as the Future P/E ratio declined, raising the fair value estimate from $100.45 to $108.81. What's in the News Lam Research expects September quarter revenue of $5.20 billion +/- $300 million and net income per diluted share of $1.20 +/- $0.10.

Shared on 07 May 25

Fair value Increased 11%

Shared on 30 Apr 25

Fair value Decreased 9.19%

AnalystConsensusTarget has decreased revenue growth from 9.3% to 8.3%.

Shared on 23 Apr 25

Fair value Decreased 0.11%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 16 Apr 25

Fair value Decreased 1.92%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 6.28%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Decreased 0.021%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Increased 11%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 10 Mar 25

Fair value Decreased 4.43%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Analyst Commentary Highlights Upgraded Outlook and Valuation for Lam Research Amid AI Demand Growth

LRCX: AI Memory And WFE Upswing Will Drive Balanced Future Returns

LRCX: AI Data Center Expansion Will Drive Memory Equipment Demand

LRCX: Future DRAM Demand and AI Infrastructure Will Drive Earnings Upside

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