Q2 EPS Estimates for Lam Research Boosted by Zacks Research

Lam Research Co. (NASDAQ:LRCX) – Research analysts at Zacks Research raised their Q2 2025 earnings estimates for shares of Lam Research in a research report issued on Wednesday, November 13th. Zacks Research analyst R. Department now anticipates that the semiconductor company will post earnings of $0.87 per share for the quarter, up from their previous forecast of $0.83. The consensus estimate for Lam Research’s current full-year earnings is $3.52 per share. Zacks Research also issued estimates for Lam Research’s Q4 2025 earnings at $0.89 EPS, FY2025 earnings at $3.48 EPS, Q3 2026 earnings at $1.00 EPS, Q4 2026 earnings at $1.10 EPS and Q1 2027 earnings at $1.12 EPS.

LRCX has been the topic of a number of other reports. UBS Group dropped their price target on shares of Lam Research from $125.00 to $115.00 and set a “buy” rating on the stock in a research note on Thursday, September 12th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $100.00 price target (down from $105.00) on shares of Lam Research in a research note on Thursday, October 24th. Mizuho dropped their price target on shares of Lam Research from $105.00 to $95.00 and set an “outperform” rating on the stock in a research note on Friday, September 20th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Lam Research from $110.00 to $95.00 and set a “buy” rating on the stock in a research note on Thursday, August 1st. Finally, TD Cowen increased their target price on shares of Lam Research from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Seven research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Lam Research currently has an average rating of “Moderate Buy” and a consensus target price of $97.03.

Lam Research Trading Down 6.3 %

NASDAQ LRCX opened at $70.05 on Monday. Lam Research has a 1-year low of $68.72 and a 1-year high of $113.00. The company has a current ratio of 2.53, a quick ratio of 1.74 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $90.13 billion, a PE ratio of 22.64, a price-to-earnings-growth ratio of 1.11 and a beta of 1.48. The firm’s fifty day simple moving average is $77.23 and its 200-day simple moving average is $87.95.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, October 23rd. The semiconductor company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. Lam Research had a net margin of 26.02% and a return on equity of 50.60%. The business had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.06 billion. During the same period in the prior year, the business posted $6.85 earnings per share. Lam Research’s revenue for the quarter was up 19.7% compared to the same quarter last year.

Lam Research Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Wednesday, December 11th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend is Wednesday, December 11th. Lam Research’s dividend payout ratio (DPR) is 29.74%.

Insider Buying and Selling at Lam Research

In related news, CAO Christina Correia sold 647 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $817.51, for a total value of $528,928.97. Following the completion of the sale, the chief accounting officer now owns 4,267 shares in the company, valued at approximately $3,488,315.17. This trade represents a 13.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On Lam Research

Several hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC lifted its stake in shares of Lam Research by 2.1% in the third quarter. Geode Capital Management LLC now owns 3,120,511 shares of the semiconductor company’s stock valued at $2,539,413,000 after buying an additional 64,053 shares during the period. Savoie Capital LLC lifted its stake in shares of Lam Research by 12.2% in the third quarter. Savoie Capital LLC now owns 8,280 shares of the semiconductor company’s stock valued at $6,757,000 after buying an additional 900 shares during the period. LRI Investments LLC lifted its stake in shares of Lam Research by 667.4% in the third quarter. LRI Investments LLC now owns 2,563 shares of the semiconductor company’s stock valued at $2,092,000 after buying an additional 2,229 shares during the period. Groupama Asset Managment lifted its stake in shares of Lam Research by 7.8% in the third quarter. Groupama Asset Managment now owns 24,921 shares of the semiconductor company’s stock valued at $203,000 after buying an additional 1,810 shares during the period. Finally, Nomura Asset Management Co. Ltd. lifted its stake in shares of Lam Research by 67.9% in the third quarter. Nomura Asset Management Co. Ltd. now owns 189,728 shares of the semiconductor company’s stock valued at $154,833,000 after buying an additional 76,752 shares during the period. Institutional investors own 84.61% of the company’s stock.

About Lam Research

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.