Lam Research (NASDAQ:LRCX) Releases Q2 2025 Earnings Guidance

Lam Research (NASDAQ:LRCX) issued an update on its second quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.770-0.970 for the period, compared to the consensus estimate of 0.840. The company issued revenue guidance of $4.0 billion-$4.6 billion, compared to the consensus revenue estimate of $4.2 billion. Lam Research also updated its Q2 guidance to $0.77-0.97 EPS.

Lam Research Trading Up 1.4 %

Shares of NASDAQ LRCX traded up $1.11 during trading hours on Friday, hitting $77.68. 14,591,080 shares of the company traded hands, compared to its average volume of 11,291,600. The stock has a market capitalization of $100.68 billion, a price-to-earnings ratio of 26.79, a price-to-earnings-growth ratio of 1.89 and a beta of 1.47. The company has a current ratio of 2.97, a quick ratio of 2.00 and a debt-to-equity ratio of 0.52. The company’s 50 day moving average price is $79.44 and its 200 day moving average price is $89.84. Lam Research has a 12 month low of $57.44 and a 12 month high of $113.00.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, October 23rd. The semiconductor company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.05. The firm had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.06 billion. Lam Research had a return on equity of 48.71% and a net margin of 25.68%. The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $6.85 EPS. On average, equities research analysts anticipate that Lam Research will post 3.23 earnings per share for the current fiscal year.

Lam Research Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 17th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.18%. The ex-dividend date was Tuesday, September 17th. Lam Research’s dividend payout ratio is currently 31.72%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. StockNews.com downgraded Lam Research from a “buy” rating to a “hold” rating in a research report on Friday, October 11th. TD Cowen upped their price objective on Lam Research from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Mizuho cut their price objective on Lam Research from $105.00 to $95.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. UBS Group cut their price objective on Lam Research from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Thursday, September 12th. Finally, Morgan Stanley cut their price objective on Lam Research from $81.00 to $77.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Six analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and a consensus target price of $97.03.

Insider Buying and Selling at Lam Research

In other Lam Research news, CAO Christina Correia sold 647 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $817.51, for a total value of $528,928.97. Following the completion of the sale, the chief accounting officer now directly owns 4,267 shares in the company, valued at approximately $3,488,315.17. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.29% of the stock is currently owned by company insiders.

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.