Lam Research (LRCX) is a publicly traded Technology sector company. As of May 20, 2026, LRCX trades at $290.31 with a market cap of $347.61B and a P/E ratio of 54.36. LRCX moved +6.92% today. Year to date, LRCX is +49.97%; over the trailing twelve months it is +246.53%. Its 52-week range spans $56.32 to $302.00. Analyst consensus is strong buy with an average price target of $316.66. Rallies surfaces LRCX's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
Lam Research Price Target Raised to $340 as WFE Forecasts Rise 21.4%: Analyst David Dai increased Lam Research’s price target to $340 from $325 after raising global wafer fabrication equipment spending forecasts to $148 billion for 2026 (up 21.4%), $175 billion for 2027 and $198 billion for 2028, driven by stronger DRAM demand and China expansions. DRAM WFE spending in 2027 is now forecast to grow 25%.
| Metric | Value |
|---|---|
| Price | $290.31 |
| Market Cap | $347.61B |
| P/E Ratio | 54.36 |
| EPS | $5.32 |
| Dividend Yield | 0.26% |
| 52-Week High | $302.00 |
| 52-Week Low | $56.32 |
| Volume | 6.13M |
| Avg Volume | 0 |
| Revenue (TTM) | $21.68B |
| Net Income | $6.71B |
| Gross Margin | 49.98% |
25 analysts cover LRCX: 0 strong buy, 21 buy, 4 hold, 0 sell, 0 strong sell. Consensus rating is strong buy. Average price target: $316.66.