12 Tech Stocks with Best Earnings Growth in 2026

9. Lam Research Corporation (NASDAQ:LRCX)

Lam Research Corporation (NASDAQ:LRCX) is among the 12 Tech Stocks with Best Earnings Growth in 2026. During the presentation at the Cantor Fitzgerald Global Technology & Industrial Growth Conference on March 11, Lam Research Corporation (NASDAQ:LRCX) outlined a strong strategic vision shaped by AI demand and R&D investments. Despite challenges like supply chain constraints, the company remains committed to shareholder returns and market expansion.

According to Lam Research Corporation (NASDAQ:LRCX), the WFE market is set to climb to $135 billion this year due to the surging demand for AI compute. The company targets an 85% free cash flow return to shareholders, in addition to stable dividend growth.

Regarding the financial results, Lam Research Corporation (NASDAQ:LRCX) highlighted achieving 40% revenue growth in 2025, which exceeded the market’s 10% growth rate. What’s even more noteworthy is the company’s gross margins, outperforming the target model of 50% in several quarters. For the future, the company foresees advanced packaging and Gate-All-Around technologies behind significant revenue generation, with dry resist technology representing a $1.5 billion opportunity in a span of five years.

Overall, Lam Research Corporation (NASDAQ:LRCX) has a Buy rating from 71% of the analysts covering the stock, with the remaining 29% neutral. The 1-year median price target of $282.50 suggests an upside potential of 24.80%.

Lam Research Corporation (NASDAQ:LRCX), founded in 1980, is a California-based company specializing in semiconductor processing equipment for the use in fabrication of integrated circuits.