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

Lam Research (NASDAQ:LRCX - Get Free Report) released its earnings results on Wednesday. The semiconductor company reported $0.91 EPS for the quarter, beating the consensus estimate 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 Up 0.9 %

LRCX traded up $0.64 during trading on Wednesday, reaching $75.15. 14,386,802 shares of the stock traded hands, compared to its average volume of 11,955,993. The stock's 50-day simple moving average is $75.62 and its two-hundred day simple moving average is $79.15. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.53 and a quick ratio of 1.74. Lam Research has a fifty-two week low of $68.87 and a fifty-two week high of $113.00. The stock has a market cap of $96.69 billion, a price-to-earnings ratio of 24.29, a price-to-earnings-growth ratio of 1.53 and a beta of 1.45.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Wednesday, December 11th were paid 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 was Wednesday, December 11th. Lam Research's dividend payout ratio (DPR) is presently 29.74%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. B. Riley dropped their target price on Lam Research from $132.50 to $105.00 and set a "buy" rating on the stock in a report on Wednesday, October 23rd. KeyCorp upgraded Lam Research from a "sector weight" rating to an "overweight" rating and set a $95.00 price objective for the company in a report on Friday, January 17th. Needham & Company LLC restated a "buy" rating and set a $100.00 target price on shares of Lam Research in a report on Thursday, October 24th. Mizuho cut their price objective on Lam Research from $95.00 to $90.00 and set an "outperform" rating for the company in a research report on Friday, January 10th. Finally, Barclays reduced their price objective 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. Nine investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target 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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