Lam Research (NASDAQ:LRCX) Announces Earnings Results

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

Lam Research Stock Performance

NASDAQ:LRCX traded up $2.65 during midday 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 twelve month low of $68.87 and a twelve month high of $113.00. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.53 and a quick ratio of 1.74. The company has a fifty day moving average price of $75.88 and a 200 day moving average price of $78.94. The firm has a market capitalization of $107.28 billion, a price-to-earnings ratio of 25.33, a price-to-earnings-growth ratio of 1.38 and a beta of 1.45.

Lam Research Dividend Announcement

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

Analyst Ratings Changes

A number of analysts recently commented on the stock. Cantor Fitzgerald raised shares of Lam Research from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $95.00 to $100.00 in a report on Thursday. Stifel Nicolaus reissued a “buy” rating and set a $100.00 price objective (down previously from $105.00) on shares of Lam Research in a research note on Thursday, October 24th. B. Riley lowered their target price on shares of Lam Research from $132.50 to $105.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. Needham & Company LLC restated a “buy” rating and set a $90.00 price objective on shares of Lam Research in a report on Thursday. Finally, Barclays dropped their target price on Lam Research from $90.00 to $75.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Seven equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average 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.