Lam Research (NASDAQ:LRCX) Issues Q3 2025 Earnings Guidance

Lam Research (NASDAQ:LRCX) updated its third quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.900-1.100 for the period, compared to the consensus earnings per share estimate of 0.870. The company issued revenue guidance of $4.4 billion-$5.0 billion, compared to the consensus revenue estimate of $4.3 billion.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. BNP Paribas upgraded shares of Lam Research to a “hold” rating in a research report on Thursday, October 24th. StockNews.com downgraded Lam Research from a “buy” rating to a “hold” rating in a report on Friday, October 11th. The Goldman Sachs Group lowered their price objective on Lam Research from $96.00 to $85.00 and set a “buy” rating on the stock in a research report on Friday, January 10th. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 price target on shares of Lam Research in a research note on Thursday. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $100.00 price objective (down previously from $105.00) on shares of Lam Research in a report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $95.72.

Lam Research Stock Up 5.2 %

Shares of NASDAQ:LRCX opened at $79.09 on Thursday. Lam Research has a 52-week low of $68.87 and a 52-week high of $113.00. The stock has a market cap of $101.77 billion, a P/E ratio of 25.53, a price-to-earnings-growth ratio of 1.53 and a beta of 1.45. The business’s 50 day moving average is $75.72 and its 200 day moving average is $78.93. The company has a quick ratio of 1.74, a current ratio of 2.53 and a debt-to-equity ratio of 0.53.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, January 29th. The semiconductor company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. Lam Research had a net margin of 26.02% and a return on equity of 50.60%. Sell-side analysts predict that Lam Research will post 3.51 EPS for the current year.

Lam Research Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Wednesday, December 11th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date was Wednesday, December 11th. Lam Research’s dividend payout ratio (DPR) is currently 29.74%.

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.