Lam Research (LRCX) to Release Quarterly Earnings on Wednesday

Lam Research (NASDAQ:LRCX - Get Free Report) is expected to be issuing its Q4 2025 quarterly earnings data after the market closes on Wednesday, July 30th. Analysts expect Lam Research to post earnings of $1.20 per share and revenue of $4.99 billion for the quarter.

Lam Research (NASDAQ:LRCX - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.04. Lam Research had a net margin of 27.18% and a return on equity of 53.21%. The firm had revenue of $4.72 billion during the quarter, compared to analysts' expectations of $4.64 billion. During the same quarter in the prior year, the company earned $7.79 EPS. The company's revenue was up 24.4% compared to the same quarter last year. On average, analysts expect Lam Research to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Lam Research Stock Down 0.8%

Shares of LRCX traded down $0.82 during mid-day trading on Friday, hitting $96.96. The company's stock had a trading volume of 8,912,086 shares, compared to its average volume of 11,940,298. The company's 50-day moving average is $92.24 and its 200-day moving average is $81.49. Lam Research has a 52-week low of $56.32 and a 52-week high of $102.59. The firm has a market capitalization of $124.02 billion, a price-to-earnings ratio of 27.02, a PEG ratio of 1.37 and a beta of 1.68. The company has a current ratio of 2.45, a quick ratio of 1.64 and a debt-to-equity ratio of 0.39.

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Wednesday, June 18th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $0.92 dividend on an annualized basis and a yield of 0.95%. Lam Research's payout ratio is 25.63%.

Hedge Funds Weigh In On Lam Research

A hedge fund recently raised its stake in Lam Research stock. Brighton Jones LLC raised its stake in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 1,032.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,189 shares of the semiconductor company's stock after acquiring an additional 12,936 shares during the period. Brighton Jones LLC's holdings in Lam Research were worth $1,025,000 as of its most recent SEC filing. 84.61% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Bank of America decreased their target price on shares of Lam Research from $110.00 to $90.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. Cantor Fitzgerald restated an "overweight" rating and set a $115.00 price target (up previously from $90.00) on shares of Lam Research in a research note on Tuesday, June 24th. Evercore ISI upped their price target on shares of Lam Research from $95.00 to $99.00 and gave the company an "outperform" rating in a research note on Thursday, April 24th. Morgan Stanley upped their price target on shares of Lam Research from $82.00 to $87.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 1st. Finally, Mizuho upped their price target on shares of Lam Research from $100.00 to $115.00 and gave the company an "outperform" rating in a research note on Monday, July 14th. Seven analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $100.57.

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.