Q4 EPS Estimates for Lam Research Boosted by Zacks Research

Lam Research Co. (NASDAQ:LRCX) – Analysts at Zacks Research lifted their Q4 2025 earnings per share estimates for shares of Lam Research in a research report issued on Wednesday, May 14th. Zacks Research analyst R. Department now anticipates that the semiconductor company will post earnings per share of $1.12 for the quarter, up from their previous forecast of $0.92. 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 Q1 2026 earnings at $0.96 EPS, Q4 2026 earnings at $1.02 EPS, FY2026 earnings at $3.80 EPS, Q3 2027 earnings at $1.12 EPS and FY2027 earnings at $4.46 EPS.

Other equities analysts have also issued reports about the company. B. Riley reaffirmed a “buy” rating on shares of Lam Research in a research note on Thursday, April 24th. Bank of America decreased their price target on Lam Research from $110.00 to $90.00 and set a “buy” rating for the company in a research note on Wednesday, April 16th. Oppenheimer decreased their price target on Lam Research from $95.00 to $80.00 and set an “outperform” rating for the company in a research note on Friday, April 11th. TD Securities decreased their price target on Lam Research from $110.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, April 24th. Finally, Barclays decreased their price target on Lam Research from $75.00 to $70.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 22nd. Seven analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Lam Research has an average rating of “Moderate Buy” and an average target price of $91.56.

Lam Research Stock Down 0.4%

LRCX opened at $84.43 on Monday. Lam Research has a 12 month low of $56.32 and a 12 month high of $113.00. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.54 and a quick ratio of 1.73. The stock has a market cap of $108.00 billion, a P/E ratio of 25.65, a P/E/G ratio of 1.47 and a beta of 1.64. The stock’s 50 day moving average price is $72.35 and its 200 day moving average price is $75.47.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.04 EPS for the quarter, beating the consensus estimate of $1.00 by $0.04. Lam Research had a return on equity of 51.86% and a net margin of 26.49%. The firm had revenue of $4.72 billion for the quarter, compared to analysts’ expectations of $4.64 billion. During the same period last year, the firm earned $7.79 EPS. The firm’s revenue was up 24.4% compared to the same quarter last year.

Institutional Trading of Lam Research

Several hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of Lam Research by 6.9% in the first quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock worth $9,389,358,000 after buying an additional 8,364,375 shares during the period. FMR LLC boosted its position in shares of Lam Research by 1,032.6% in the fourth quarter. FMR LLC now owns 40,031,194 shares of the semiconductor company’s stock worth $2,891,453,000 after buying an additional 36,496,689 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Lam Research by 950.5% in the fourth quarter. Ameriprise Financial Inc. now owns 34,543,915 shares of the semiconductor company’s stock worth $2,495,128,000 after buying an additional 31,255,726 shares during the period. Geode Capital Management LLC boosted its position in shares of Lam Research by 907.1% in the fourth quarter. Geode Capital Management LLC now owns 31,428,010 shares of the semiconductor company’s stock worth $2,265,610,000 after buying an additional 28,307,499 shares during the period. Finally, Norges Bank acquired a new stake in shares of Lam Research in the fourth quarter worth $1,661,672,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Transactions 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 stock was sold at an average price of $90.00, for a total value of $9,907,200.00. Following the completion of the sale, the senior vice president now owns 179,084 shares of the company’s stock, valued at $16,117,560. This trade represents a 38.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.29% of the company’s stock.

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.