Q2 EPS Estimates for Lam Research Boosted by Zacks Research

Lam Research Co. (NASDAQ:LRCX) – Stock analysts at Zacks Research lifted their Q2 2025 earnings per share estimates for shares of Lam Research in a research note issued on Wednesday, November 13th. Zacks Research analyst R. Department now forecasts that the semiconductor company will earn $0.87 per share for the quarter, up from their prior estimate 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.

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

A number of other equities research analysts also recently weighed in on the company. Citigroup dropped their target price on Lam Research from $99.00 to $89.30 and set a “buy” rating for the company in a report on Monday, September 16th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Lam Research from $110.00 to $95.00 and set a “buy” rating on the stock in a research report on Thursday, August 1st. BNP Paribas upgraded shares of Lam Research to a “hold” rating in a research report on Thursday, October 24th. UBS Group reduced their price target on Lam Research from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Thursday, September 12th. Finally, Mizuho dropped their price objective on Lam Research from $105.00 to $95.00 and set an “outperform” rating for the company in a report on Friday, September 20th. Seven investment 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.03.

Lam Research Price Performance

Shares of NASDAQ LRCX opened at $70.17 on Monday. The business’s 50 day moving average is $77.10 and its 200-day moving average is $87.70. The firm has a market cap of $90.29 billion, a P/E ratio of 22.68, a price-to-earnings-growth ratio of 1.11 and a beta of 1.48. 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.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Wednesday, December 11th will be given a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, December 11th. This represents a $0.92 dividend on an annualized basis and a yield of 1.31%. Lam Research’s dividend payout ratio is currently 29.74%.

Insiders Place Their Bets

In other news, CAO Christina Correia sold 647 shares of Lam Research stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $817.51, for a total transaction of $528,928.97. Following the sale, the chief accounting officer now directly owns 4,267 shares of the company’s stock, valued at approximately $3,488,315.17. This trade represents a 13.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Unigestion Holding SA increased its position in Lam Research by 1,137.5% in the 3rd quarter. Unigestion Holding SA now owns 12,858 shares of the semiconductor company’s stock valued at $10,493,000 after acquiring an additional 11,819 shares during the period. Coldstream Capital Management Inc. grew its stake in shares of Lam Research by 27.5% in the third quarter. Coldstream Capital Management Inc. now owns 9,622 shares of the semiconductor company’s stock worth $7,852,000 after purchasing an additional 2,074 shares during the last quarter. Geode Capital Management LLC increased its holdings in 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 purchasing an additional 64,053 shares during the period. Savoie Capital LLC raised its position in Lam Research by 12.2% during the 3rd quarter. Savoie Capital LLC now owns 8,280 shares of the semiconductor company’s stock worth $6,757,000 after purchasing an additional 900 shares during the last quarter. Finally, LRI Investments LLC grew its position in shares of Lam Research by 667.4% in the 3rd 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 last quarter. Institutional investors own 84.61% of the company’s stock.

Lam Research Company Profile

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.