Lam Research (NASDAQ:LRCX) Issues Quarterly Earnings Results

Lam Research (NASDAQ:LRCX - Get Free Report) issued its quarterly earnings results on Wednesday. The semiconductor company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.87 by $0.04, Zacks reports. Lam Research had a net margin of 26.02% and a return on equity of 50.60%. Lam Research updated its Q3 2025 guidance to 0.900-1.100 EPS.

Lam Research Stock Performance

NASDAQ LRCX traded up $0.64 during trading hours on Wednesday, reaching $75.15. 14,174,414 shares of the company were exchanged, compared to its average volume of 11,955,993. The company has a quick ratio of 1.74, a current ratio of 2.53 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $96.69 billion, a P/E ratio of 24.29, a P/E/G ratio of 1.53 and a beta of 1.45. Lam Research has a 1 year low of $68.87 and a 1 year high of $113.00. The business's 50 day simple moving average is $75.62 and its 200-day simple moving average is $79.15.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Wednesday, December 11th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend was Wednesday, December 11th. Lam Research's dividend payout ratio (DPR) is currently 29.74%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on LRCX shares. Wells Fargo & Company cut their price target on shares of Lam Research from $83.00 to $82.00 and set an "equal weight" rating on the stock in a research report on Monday, January 13th. Morgan Stanley raised their target price on Lam Research from $76.00 to $78.00 and gave the stock an "equal weight" rating in a research note on Thursday, December 5th. BNP Paribas upgraded Lam Research to a "hold" rating in a report on Thursday, October 24th. KeyCorp upgraded shares of Lam Research from a "sector weight" rating to an "overweight" rating and set a $95.00 price objective for the company in a research note on Friday, January 17th. Finally, Mizuho cut their target price on shares of Lam Research from $95.00 to $90.00 and set an "outperform" rating on the stock in a research note on Friday, January 10th. Nine investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat.com, Lam Research currently has a consensus rating of "Moderate Buy" and an average target price of $95.77.

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.

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