Q3 EPS Estimates for Lam Research Lifted by Zacks Research

Lam Research Co. (NASDAQ:LRCX) – Equities research analysts at Zacks Research boosted their Q3 2025 earnings per share (EPS) estimates for Lam Research in a report issued on Wednesday, February 19th. Zacks Research analyst R. Department now forecasts that the semiconductor company will post earnings of $0.99 per share for the quarter, up from their prior forecast of $0.85. The consensus estimate for Lam Research’s current full-year earnings is $3.71 per share. Zacks Research also issued estimates for Lam Research’s Q4 2025 earnings at $0.92 EPS, FY2025 earnings at $3.68 EPS and FY2027 earnings at $4.50 EPS.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. Lam Research had a net margin of 26.49% and a return on equity of 51.86%.

Several other equities research analysts have also recently issued reports on the company. Mizuho lifted their price objective on Lam Research from $87.00 to $100.00 and gave the stock an “outperform” rating in a report on Thursday, February 20th. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 price target on shares of Lam Research in a research note on Thursday, January 30th. Cantor Fitzgerald reiterated an “overweight” rating and set a $100.00 price target on shares of Lam Research in a research report on Tuesday, February 18th. Morgan Stanley raised their price objective on Lam Research from $76.00 to $78.00 and gave the company an “equal weight” rating in a report on Thursday, December 5th. Finally, KeyCorp raised shares of Lam Research from a “sector weight” rating to an “overweight” rating and set a $95.00 target price on the stock in a research note on Friday, January 17th. Six investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Lam Research has an average rating of “Moderate Buy” and an average target price of $98.22.

Lam Research Stock Down 3.1 %

Shares of NASDAQ LRCX opened at $83.34 on Monday. Lam Research has a 52-week low of $68.87 and a 52-week high of $113.00. 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’s 50-day simple moving average is $78.57 and its 200-day simple moving average is $78.10. The firm has a market cap of $106.98 billion, a price-to-earnings ratio of 25.32, a price-to-earnings-growth ratio of 1.47 and a beta of 1.46.

Lam Research Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Wednesday, March 5th. Lam Research’s dividend payout ratio (DPR) is presently 27.96%.

Insider Transactions at Lam Research

In other news, SVP Seshasayee Varadarajan sold 110,080 shares of the business’s stock in a transaction that occurred 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 directly owns 179,084 shares of the company’s stock, valued at approximately $16,117,560. The trade was a 38.07 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.29% of the company’s stock.

Hedge Funds Weigh In On Lam Research

Hedge funds have recently made changes to their positions in the stock. Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of Lam Research by 2,400.0% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 200 shares of the semiconductor company’s stock valued at $163,000 after buying an additional 192 shares in the last quarter. Insight Wealth Partners LLC purchased a new position in Lam Research during the 3rd quarter valued at about $202,000. B&L Asset Management LLC acquired a new position in Lam Research in the 3rd quarter valued at about $204,000. Dynamic Technology Lab Private Ltd purchased a new stake in Lam Research during the third quarter worth about $220,000. Finally, Tilson Financial Group Inc. acquired a new stake in shares of Lam Research during the third quarter worth about $233,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

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.