FY2025 Earnings Forecast for Lam Research Issued By B. Riley

Lam Research Co. (NASDAQ:LRCX - Free Report) - Stock analysts at B. Riley raised their FY2025 earnings per share estimates for shares of Lam Research in a research report issued on Wednesday, April 23rd. B. Riley analyst C. Ellis now forecasts that the semiconductor company will earn $4.01 per share for the year, up from their prior estimate of $3.64. B. Riley currently has a "Buy" rating on the stock. The consensus estimate for Lam Research's current full-year earnings is $3.71 per share. B. Riley also issued estimates for Lam Research's Q1 2026 earnings at $0.96 EPS, Q2 2026 earnings at $0.94 EPS, Q3 2026 earnings at $0.93 EPS, Q4 2026 earnings at $1.01 EPS, Q1 2027 earnings at $1.03 EPS, Q2 2027 earnings at $1.07 EPS, Q3 2027 earnings at $1.03 EPS and FY2027 earnings at $4.23 EPS.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.04 earnings per share for the quarter, beating analysts' consensus estimates of $1.00 by $0.04. Lam Research had a return on equity of 51.86% and a net margin of 26.49%. The business had revenue of $4.72 billion during the quarter, compared to analyst estimates of $4.64 billion.

Several other brokerages also recently issued reports on LRCX. Morgan Stanley boosted their target price on shares of Lam Research from $81.00 to $82.00 and gave the company an "equal weight" rating in a research note on Thursday. Wolfe Research lowered Lam Research from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, January 15th. Wells Fargo & Company dropped their target price on Lam Research from $85.00 to $75.00 and set an "equal weight" rating on the stock in a report on Thursday. TD Securities lowered their price objective on shares of Lam Research from $110.00 to $100.00 and set a "buy" rating on the stock in a research report on Thursday. Finally, Susquehanna upgraded shares of Lam Research from a "neutral" rating to a "positive" rating and increased their target price for the stock from $75.00 to $125.00 in a research report on Thursday, February 20th. Six research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $92.70.

Lam Research Trading Up 0.7 %

Shares of Lam Research stock traded up $0.52 during trading on Friday, hitting $71.42. The stock had a trading volume of 9,749,642 shares, compared to its average volume of 12,130,700. The company has a quick ratio of 1.73, a current ratio of 2.54 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $91.68 billion, a PE ratio of 21.70, a P/E/G ratio of 1.47 and a beta of 1.52. Lam Research has a 1 year low of $56.32 and a 1 year high of $113.00. The stock has a 50 day simple moving average of $73.15 and a 200 day simple moving average of $75.38.

Institutional Trading of Lam Research

A number of hedge funds have recently bought and sold shares of the stock. Mather Group LLC. raised its position in shares of Lam Research by 134.4% during the first quarter. Mather Group LLC. now owns 37,985 shares of the semiconductor company's stock valued at $2,762,000 after buying an additional 21,779 shares during the last quarter. Alta Advisers Ltd lifted its position in shares of Lam Research by 51.4% in the 1st quarter. Alta Advisers Ltd now owns 6,480 shares of the semiconductor company's stock worth $471,000 after acquiring an additional 2,200 shares during the period. Cypress Capital LLC bought a new stake in shares of Lam Research during the first quarter valued at approximately $1,568,000. Benchmark Financial Wealth Advisors LLC acquired a new position in shares of Lam Research in the first quarter valued at $268,000. Finally, Deseret Mutual Benefit Administrators bought a new position in Lam Research in the first quarter worth $516,000. 84.61% of the stock is owned by institutional investors.

Insider Buying and Selling at Lam Research

In other news, SVP Seshasayee Varadarajan sold 110,080 shares of the firm's stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $90.00, for a total value of $9,907,200.00. Following the sale, the senior vice president now owns 179,084 shares in the company, valued at approximately $16,117,560. This trade represents a 38.07 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.29% of the company's stock.

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th were paid a dividend of $0.23 per share. The ex-dividend date was Wednesday, March 5th. This represents a $0.92 annualized dividend and a yield of 1.29%. Lam Research's payout ratio is 25.63%.

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.