Q1 Earnings Estimate for Lam Research Issued By B. Riley

Lam Research Co. (NASDAQ:LRCX) – B. Riley issued their Q1 2027 earnings estimates for shares of Lam Research in a research report issued on Monday, April 21st. B. Riley analyst C. Ellis expects that the semiconductor company will earn $0.95 per share for the quarter. The consensus estimate for Lam Research’s current full-year earnings is $3.71 per share. B. Riley also issued estimates for Lam Research’s Q2 2027 earnings at $1.03 EPS and Q3 2027 earnings at $0.98 EPS.

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. The firm had revenue of $4.72 billion during the quarter, compared to the consensus estimate of $4.64 billion. Lam Research had a return on equity of 51.86% and a net margin of 26.49%.

A number of other research firms also recently weighed in on LRCX. Barclays decreased their target price on shares of Lam Research from $75.00 to $70.00 and set an “equal weight” rating for the company in a research report on Tuesday. Wells Fargo & Company upped their target price on Lam Research from $82.00 to $85.00 and gave the company an “equal weight” rating in a research report on Thursday, January 30th. Sanford C. Bernstein upgraded Lam Research from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $85.00 to $91.00 in a report on Thursday, January 30th. The Goldman Sachs Group reduced their price objective on Lam Research from $96.00 to $85.00 and set a “buy” rating for the company in a research note on Friday, January 10th. Finally, Oppenheimer reduced their price target on shares of Lam Research from $95.00 to $80.00 and set an “outperform” rating for the company in a research report on Friday, April 11th. Six analysts have rated the stock with a hold rating and eighteen 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 target price of $93.63.

Lam Research Stock Up 5.0 %

NASDAQ:LRCX opened at $66.67 on Wednesday. The company has a market cap of $85.58 billion, a PE ratio of 20.25, a P/E/G ratio of 1.47 and a beta of 1.52. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.54 and a quick ratio of 1.73. Lam Research has a one year low of $56.32 and a one year high of $113.00. The firm’s 50 day simple moving average is $73.69 and its 200 day simple moving average is $75.62.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Fairway Wealth LLC boosted its stake in Lam Research by 900.0% during the fourth quarter. Fairway Wealth LLC now owns 340 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 306 shares during the period. Financial Perspectives Inc raised its position in Lam Research by 908.8% during the fourth quarter. Financial Perspectives Inc now owns 343 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 309 shares in the last quarter. Atwood & Palmer Inc. bought a new stake in Lam Research during the fourth quarter worth about $27,000. West Paces Advisors Inc. purchased a new position in shares of Lam Research in the 4th quarter worth about $27,000. Finally, Mpwm Advisory Solutions LLC bought a new stake in shares of Lam Research in the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insiders Place Their Bets

In other Lam Research news, SVP Seshasayee Varadarajan sold 110,080 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $90.00, for a total transaction of $9,907,200.00. Following the sale, the senior vice president now owns 179,084 shares in the company, valued at $16,117,560. This represents a 38.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.29% of the company’s stock.

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 5th were paid a $0.23 dividend. The ex-dividend date was Wednesday, March 5th. This represents a $0.92 annualized dividend and a dividend yield of 1.38%. Lam Research’s payout ratio is presently 27.96%.

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.