Lam Research (NASDAQ:LRCX) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Lam Research (NASDAQ:LRCX) released its quarterly earnings results on Wednesday. The semiconductor company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04, Zacks reports. Lam Research had a return on equity of 50.60% and a net margin of 26.02%. Lam Research updated its Q3 2025 guidance to 0.900-1.100 EPS.

Lam Research Stock Performance

Lam Research stock traded up $0.64 during midday trading on Wednesday, reaching $75.15. 14,386,802 shares of the stock traded hands, compared to its average volume of 11,955,993. The firm has a fifty day moving average price of $75.62 and a two-hundred day moving average price of $79.15. Lam Research has a fifty-two week low of $68.87 and a fifty-two week high of $113.00. The firm has a market cap of $96.69 billion, a price-to-earnings ratio of 24.29, a PEG ratio of 1.53 and a beta of 1.45. The company has a current ratio of 2.53, a quick ratio of 1.74 and a debt-to-equity ratio of 0.53.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Wednesday, December 11th were issued a $0.23 dividend. The ex-dividend date of this dividend was Wednesday, December 11th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.22%. Lam Research’s dividend payout ratio (DPR) is presently 29.74%.

Analyst Ratings Changes

Several research firms have recently commented on LRCX. BNP Paribas upgraded Lam Research to a “hold” rating in a report on Thursday, October 24th. Barclays cut their target price on shares of Lam Research from $90.00 to $75.00 and set an “equal weight” rating on the stock in a research note on Friday, January 17th. StockNews.com lowered shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Friday, October 11th. Mizuho cut their price target on shares of Lam Research from $95.00 to $90.00 and set an “outperform” rating on the stock in a research note on Friday, January 10th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $100.00 price objective (down from $105.00) on shares of Lam Research in a research report on Thursday, October 24th. Nine research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $95.77.

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.