Key Details
Price
$78.93Last Dividend
$0.23Annual ROE
45.71%Beta
2.24Events Calendar
Next earnings date:
Apr 24, 2025Recent quarterly earnings:
Jan 29, 2025Recent annual earnings:
July 31, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 11, 2024Next split:
N/ARecent split:
Oct 03, 2024Analyst ratings
Recent major analysts updates
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Lam Research's earnings for the second quarter of 2025 exceeded expectations, showing significant growth in revenue and earnings per share, which led to a more than 7% increase in the stock price. Key factors driving this growth include high-bandwidth memory, gate-all-around transistors, and advanced packaging, allowing Lam to outperform the wafer fab equipment market. However, the stock is currently valued high, and a better buying opportunity would be around $70 to $75.
The technical indicators for Lam Research are very positive, showing that the stock is on the rise with improving moving averages and favorable signals from various indicators. Recent earnings reports confirm that the company's fundamentals are strong, and forecasts suggest that revenue and earnings per share (EPS) will grow even faster. Additionally, the stock appears to be undervalued since its price-to-sales (P/S) and price-to-earnings (P/E) ratios do not accurately represent its current growth and promising future.
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Shares of Lam Research, a company that makes semiconductor manufacturing equipment, rose on Thursday after it announced its financial results for the fiscal quarter that ended on December 29, 2024. By 12:20 p.m., the stock had increased by 8.85%.
LRCX's results for the second quarter of fiscal 2025 show increased revenues and careful management of costs and operations.
Lam Research Corporation (NASDAQ:LRCX) will hold its Q2 2025 Earnings Conference Call on January 29, 2025, at 5:00 PM ET. The call will feature company representatives, including Ram Ganesh, Tim Archer, and Doug Bettinger, along with various conference call participants from major financial institutions. The operator will welcome everyone to the call, which discusses the company's earnings for December 2024.
Lam Research (LRCX) reported quarterly earnings of $0.91 per share, which is higher than the Zacks Consensus Estimate of $0.87 per share. This is an increase compared to earnings of $0.75 per share from the same period last year.
On Wednesday, Lam Research, a supplier of chip-making equipment, predicted that its revenue for the third quarter would exceed Wall Street's expectations. This increase is due to a rise in orders from chip companies, fueled by the growth of AI technology.
Although a lot of the excitement about Artificial Intelligence (AI) centers on GPU companies such as Nvidia and AMD, semiconductors play a crucial role in the digital framework that enables AI to function in cyberspace.
LRCX's financial results for the second quarter are likely to show positive effects from a recovery in the semiconductor sector and increased spending on memory.
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