Lam Research (NASDAQ:LRCX) Issues Q2 2025 Earnings Guidance

Lam Research (NASDAQ:LRCX) issued an update on its second quarter 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.770-0.970 for the period, compared to the consensus EPS estimate of 0.840. The company issued revenue guidance of $4.0 billion-$4.6 billion, compared to the consensus revenue estimate of $4.2 billion. Lam Research also updated its Q2 guidance to $0.77-0.97 EPS.

Lam Research Stock Performance

Shares of LRCX stock traded up $1.11 during mid-day trading on Friday, reaching $77.68. The stock had a trading volume of 14,591,080 shares, compared to its average volume of 11,291,600. The business’s fifty day moving average is $79.44 and its 200-day moving average is $89.84. The company has a current ratio of 2.97, a quick ratio of 2.00 and a debt-to-equity ratio of 0.52. The firm has a market cap of $100.68 billion, a price-to-earnings ratio of 26.79, a PEG ratio of 1.89 and a beta of 1.47. Lam Research has a 1-year low of $57.44 and a 1-year high of $113.00.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, October 23rd. The semiconductor company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. The business had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.06 billion. Lam Research had a return on equity of 48.71% and a net margin of 25.68%. The company’s revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the company earned $6.85 earnings per share. On average, research analysts forecast that Lam Research will post 3.23 earnings per share for the current year.

Lam Research Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 17th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.18%. The ex-dividend date was Tuesday, September 17th. Lam Research’s dividend payout ratio (DPR) is 31.72%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on LRCX shares. Stifel Nicolaus reaffirmed a “buy” rating and set a $100.00 target price (down from $105.00) on shares of Lam Research in a report on Thursday. StockNews.com lowered Lam Research from a “buy” rating to a “hold” rating in a report on Friday, October 11th. UBS Group dropped their target price on Lam Research from $125.00 to $115.00 and set a “buy” rating on the stock in a report on Thursday, September 12th. Needham & Company LLC reiterated a “buy” rating and set a $100.00 price target on shares of Lam Research in a research report on Thursday. Finally, Mizuho lowered their price target on Lam Research from $105.00 to $95.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Six equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Lam Research has a consensus rating of “Moderate Buy” and a consensus target price of $97.03.

Insider Buying and Selling

In related news, CAO Christina Correia sold 647 shares of Lam Research stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $817.51, for a total transaction of $528,928.97. Following the transaction, the chief accounting officer now owns 4,267 shares in the company, valued at approximately $3,488,315.17. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.29% of the stock is currently owned by company insiders.

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.