Lam Research (LRCX) Projected to Post Earnings on Wednesday

Lam Research (NASDAQ:LRCX) is anticipated to announce its Q1 2026 results after the market closes on Wednesday, October 22nd. Analysts expect the company to announce earnings of $1.21 per share and revenue of $5.2268 billion for the quarter. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS.Investors may review the information on the company’s upcoming Q1 2026 earningreport for the latest details on the call scheduled for Wednesday, October 22, 2025 at 5:00 PM ET.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.12. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The business had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same period in the previous year, the business earned $1.03 EPS. The business’s quarterly revenue was up 33.6% on a year-over-year basis. On average, analysts expect Lam Research to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Lam Research Stock Up 0.4%

Lam Research stock opened at $138.31 on Wednesday. Lam Research has a fifty-two week low of $56.32 and a fifty-two week high of $153.70. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. The company has a market capitalization of $174.41 billion, a P/E ratio of 33.25, a PEG ratio of 1.67 and a beta of 1.84. The stock has a 50-day simple moving average of $116.42 and a 200-day simple moving average of $95.48.

Lam Research Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, September 24th. This is an increase from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio (DPR) is presently 25.00%.

Analyst Ratings Changes

Several analysts have recently weighed in on LRCX shares. B. Riley boosted their target price on Lam Research from $130.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, September 24th. The Goldman Sachs Group increased their price objective on Lam Research from $115.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Oppenheimer increased their price objective on Lam Research from $110.00 to $120.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Erste Group Bank initiated coverage on Lam Research in a research report on Thursday, August 14th. They set a “buy” rating for the company. Finally, Rothschild & Co Redburn increased their price objective on Lam Research from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday. Twenty-three research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $123.80.

Insider Activity

In other news, SVP Vahid Vahedi sold 52,190 shares of the stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the completion of the transaction, the senior vice president directly owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. This represents a 17.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.31% of the company’s stock.

Hedge Funds Weigh In On Lam Research

Large investors have recently modified their holdings of the business. Brighton Jones LLC raised its stake in shares of Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after buying an additional 12,936 shares in the last quarter. Curi Capital LLC acquired a new stake in shares of Lam Research in the 2nd quarter worth approximately $636,000. Florida Financial Advisors LLC grew its holdings in shares of Lam Research by 31.6% in the 2nd quarter. Florida Financial Advisors LLC now owns 5,469 shares of the semiconductor company’s stock worth $533,000 after acquiring an additional 1,312 shares during the period. Lighthouse Investment Partners LLC acquired a new stake in shares of Lam Research in the 2nd quarter worth approximately $503,000. Finally, HUB Investment Partners LLC acquired a new stake in shares of Lam Research in the 2nd quarter worth approximately $405,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

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.