B. Riley Predicts Lam Research’s Q4 Earnings (NASDAQ:LRCX)

Lam Research Co. (NASDAQ:LRCX) – Investment analysts at B. Riley cut their Q4 2025 earnings estimates for Lam Research in a research report issued on Thursday, January 30th. B. Riley analyst C. Ellis now expects that the semiconductor company will post earnings per share of $0.89 for the quarter, down from their previous forecast of $0.91. B. Riley currently has a “Buy” rating and a $105.00 target price on the stock. The consensus estimate for Lam Research’s current full-year earnings is $3.51 per share. B. Riley also issued estimates for Lam Research’s Q1 2026 earnings at $0.82 EPS.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, January 29th. The semiconductor company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. Lam Research had a net margin of 26.49% and a return on equity of 52.58%.

Other research analysts have also recently issued reports about the company. Sanford C. Bernstein upgraded Lam Research from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $85.00 to $91.00 in a research note on Thursday. Barclays lowered their target price on shares of Lam Research from $90.00 to $75.00 and set an “equal weight” rating for the company 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 dropped their price objective on Lam Research from $95.00 to $90.00 and set an “outperform” rating on the stock in a report on Friday, January 10th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 target price on shares of Lam Research in a report on Thursday. Seven research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and an average target price of $95.72.

Lam Research Trading Up 0.4 %

Shares of Lam Research stock opened at $81.05 on Friday. Lam Research has a fifty-two week low of $68.87 and a fifty-two week high of $113.00. The stock has a 50 day moving average of $75.88 and a 200 day moving average of $78.94. The firm has a market capitalization of $104.29 billion, a price-to-earnings ratio of 24.62, a PEG ratio of 1.38 and a beta of 1.45. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.74 and a current ratio of 2.53.

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Wednesday, December 11th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date was Wednesday, December 11th. Lam Research’s payout ratio is currently 27.95%.

Institutional Investors Weigh In On Lam Research

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quarry LP raised its holdings in Lam Research by 175.0% in the 2nd quarter. Quarry LP now owns 88 shares of the semiconductor company’s stock valued at $94,000 after acquiring an additional 56 shares during the last quarter. Advisory Alpha LLC acquired a new position in shares of Lam Research during the 2nd quarter valued at $256,000. Cetera Investment Advisers boosted its position in shares of Lam Research by 2.1% in the second quarter. Cetera Investment Advisers now owns 28,382 shares of the semiconductor company’s stock worth $30,224,000 after buying an additional 585 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of Lam Research during the second quarter valued at approximately $18,140,000. Finally, Heritage Wealth Management Inc. acquired a new position in Lam Research in the 2nd quarter worth $276,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

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.