Lam Research (NASDAQ:LRCX) Issues Q3 2025 Earnings Guidance

Lam Research (NASDAQ:LRCX) updated its third quarter 2025 earnings guidance on Wednesday. The company provided EPS guidance of 0.900-1.100 for the period, compared to the consensus EPS estimate of 0.870. The company issued revenue guidance of $4.4 billion-$5.0 billion, compared to the consensus revenue estimate of $4.3 billion.

Analyst Ratings Changes

LRCX has been the topic of several research analyst reports. KeyCorp raised Lam Research from a “sector weight” rating to an “overweight” rating and set a $95.00 price objective on the stock in a research note on Friday, January 17th. BNP Paribas upgraded Lam Research to a “hold” rating in a report on Thursday, October 24th. Wells Fargo & Company dropped their target price on shares of Lam Research from $83.00 to $82.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. StockNews.com downgraded Lam Research from a “buy” rating to a “hold” rating in a report on Friday, October 11th. Finally, B. Riley cut their price target on Lam Research from $132.50 to $105.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Nine investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $95.77.

Lam Research Trading Up 0.9 %

LRCX stock traded up $0.64 during midday trading on Wednesday, hitting $75.15. 14,174,414 shares of the company’s stock were exchanged, compared to its average volume of 11,955,993. Lam Research has a 1-year low of $68.87 and a 1-year high of $113.00. The business has a 50-day simple moving average of $75.62 and a two-hundred day simple moving average of $79.15. The stock has a market capitalization of $96.69 billion, a PE ratio of 24.29, a P/E/G ratio of 1.53 and a beta of 1.45. The company has a current ratio of 2.53, a quick ratio of 1.74 and a debt-to-equity ratio of 0.53.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, January 29th. The semiconductor company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. Lam Research had a net margin of 26.02% and a return on equity of 50.60%. On average, sell-side analysts predict that Lam Research will post 3.51 EPS for the current fiscal year.

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Wednesday, December 11th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date was Wednesday, December 11th. Lam Research’s payout ratio is 29.74%.

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.