Lam Research (NASDAQ:LRCX) Releases Earnings Results, Beats Estimates By $0.04 EPS

Lam Research (NASDAQ:LRCX) issued its quarterly earnings results on Wednesday. The semiconductor company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04, Zacks reports. Lam Research had a return on equity of 52.58% and a net margin of 26.49%. Lam Research updated its Q3 2025 guidance to 0.900-1.100 EPS.

Lam Research Price Performance

NASDAQ LRCX traded up $2.65 during trading on Friday, reaching $83.38. 2,538,124 shares of the company traded hands, compared to its average volume of 12,127,089. Lam Research has a 1-year low of $68.87 and a 1-year high of $113.00. The company has a market cap of $107.28 billion, a price-to-earnings ratio of 25.33, a P/E/G ratio of 1.38 and a beta of 1.45. The stock’s 50 day moving average price is $75.88 and its two-hundred day moving average price is $78.94. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.74 and a current ratio of 2.53.

Lam Research Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Wednesday, December 11th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.10%. The ex-dividend date was Wednesday, December 11th. Lam Research’s dividend payout ratio (DPR) is presently 27.95%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on LRCX. Stifel Nicolaus restated a “buy” rating and set a $100.00 price target (down previously from $105.00) on shares of Lam Research in a report on Thursday, October 24th. KeyCorp upgraded Lam Research from a “sector weight” rating to an “overweight” rating and set a $95.00 target price for the company in a report on Friday, January 17th. BNP Paribas upgraded shares of Lam Research to a “hold” rating in a report on Thursday, October 24th. Needham & Company LLC reiterated a “buy” rating and set a $90.00 price objective on shares of Lam Research in a report on Thursday. Finally, Barclays lowered their target price on Lam Research from $90.00 to $75.00 and set an “equal weight” rating on the stock in a research note on Friday, January 17th. Seven analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to MarketBeat.com, Lam Research has an average rating of “Moderate Buy” and a consensus target price of $95.72.

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.