B. Riley Forecasts Lam Research’s Q3 Earnings (NASDAQ:LRCX)

Lam Research Co. (NASDAQ:LRCXFree Report) – Stock analysts at B. Riley dropped their Q3 2025 earnings per share estimates for shares of Lam Research in a research note issued on Wednesday, October 23rd. B. Riley analyst C. Ellis now forecasts that the semiconductor company will earn $0.82 per share for the quarter, down from their previous estimate of $0.86. B. Riley has a “Buy” rating and a $105.00 price target on the stock. The consensus estimate for Lam Research’s current full-year earnings is $3.23 per share. B. Riley also issued estimates for Lam Research’s Q4 2025 earnings at $0.88 EPS, FY2025 earnings at $3.39 EPS, Q1 2026 earnings at $0.99 EPS, Q2 2026 earnings at $1.07 EPS, Q3 2026 earnings at $1.02 EPS, Q4 2026 earnings at $1.08 EPS and FY2026 earnings at $4.16 EPS.

Lam Research (NASDAQ:LRCXGet Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. The firm had revenue of $4.17 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 19.7% on a year-over-year basis. During the same period last year, the business posted $6.85 EPS.

A number of other research firms also recently issued reports on LRCX. Mizuho dropped their price target on Lam Research from $105.00 to $95.00 and set an “outperform” rating on the stock in a research note on Friday, September 20th. Needham & Company LLC restated a “buy” rating and issued a $100.00 price target on shares of Lam Research in a research note on Thursday. Morgan Stanley dropped their price target on Lam Research from $81.00 to $77.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 23rd. UBS Group lowered their target price on Lam Research from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Thursday, September 12th. Finally, Citigroup lowered their target price on Lam Research from $99.00 to $89.30 and set a “buy” rating on the stock in a research report on Monday, September 16th. Six investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $97.03.

View Our Latest Report on Lam Research

Lam Research Stock Performance

LRCX stock opened at $77.68 on Monday. The company has a market cap of $10.16 billion, a P/E ratio of 2.86, a price-to-earnings-growth 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. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.97 and a quick ratio of 2.00. The stock’s fifty day moving average price is $79.21 and its 200-day moving average price is $89.66.

Institutional Investors Weigh In On Lam Research

Several large investors have recently made changes to their positions in LRCX. Brookstone Capital Management increased its holdings in shares of Lam Research by 4.6% in the first quarter. Brookstone Capital Management now owns 660 shares of the semiconductor company’s stock worth $641,000 after purchasing an additional 29 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in shares of Lam Research by 16.1% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 910 shares of the semiconductor company’s stock worth $884,000 after purchasing an additional 126 shares during the last quarter. Vicus Capital purchased a new position in Lam Research in the first quarter worth about $243,000. Cornerstone Wealth Group LLC purchased a new position in Lam Research in the first quarter worth about $243,000. Finally, Miracle Mile Advisors LLC grew its position in Lam Research by 2.0% in the first quarter. Miracle Mile Advisors LLC now owns 752 shares of the semiconductor company’s stock worth $731,000 after acquiring an additional 15 shares in the last quarter. 84.61% of the stock is owned by institutional investors.

Insider Buying and Selling at Lam Research

In other Lam Research news, CAO Christina Correia sold 647 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $817.51, for a total transaction of $528,928.97. Following the sale, the chief accounting officer now directly owns 4,267 shares of the company’s stock, valued at $3,488,315.17. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.32% of the company’s stock.

Lam Research Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 17th were issued a dividend of $0.23 per share. The ex-dividend date was Tuesday, September 17th. This represents a $0.92 dividend on an annualized basis and a yield of 1.18%. Lam Research’s dividend payout ratio is presently 3.38%.

Lam Research Company Profile

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for Lam Research (NASDAQ:LRCX)

Receive News & Ratings for Lam Research Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lam Research and related companies with MarketBeat.com's FREE daily email newsletter.