BofA Securities analyst Vivek Arya reiterated the Buy rating on Lam Research LRCX, raising the price forecast to $92 from $88.Arya expresses confidence in Lam Research’s leverage to key tech trends, its strong exposure to a NAND recovery, and solid free cash flow generation.However, the analyst notes that while China is expected to normalize to 30% of the mix in December, ongoing risks from export controls remain, and gains in gross and operating margins appear limited.The analyst raises the earnings estima ...

Lam Research Corporation (LRCX) delivered first-quarter fiscal 2025 post-split non-GAAP earnings of 86 cents per share, which surpassed the Zacks Consensus Estimate of 80 cents. The figure increased 6.2% sequentially. Lam Research announced its decision of a 10-for-1 stock split on May 21, 2024. The stock split was made effective on Oct. 2, 2024, for shareholders of record at that time.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $4.17 billion surpassed the Zacks Consen ...

Tired of losing money? Our Tech Contrarians team of Wall Street analysts sifts through the noise in the tech industry and captures outperformers through a coveted research process. We let the work speak for itself here .Lam Research Corporation (NASDAQ: LRCX ) reported its first quarter of FY25 after the bell on Wednesday, confirming two of our three-part positive thesis on Lam . The two parts of our thesis that remain in playAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in ...

I initiated a 'Strong Buy' rating on Lam Research (NASDAQ: LRCX ) in April 2024, highlighting the growth potential of HBM-Driven DRAM. I believe their 3rd generation of cryogenic dielectric etch technology could pave the way for future leadership in theMore than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth pot ...

Lam Research Corporation (NASDAQ:LRCX) Q1 2025 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Ram Ganesh - Vice President, Investor Relations Tim Archer - President and Chief Executive Officer Doug Bettinger - Executive Vice President and Chief Financial Officer Conference Call Participants Tim Arcuri - UBS Harlan Sur - JPMorgan Toshiya Hari - Goldman Sachs Vivek Arya - Bank of America Securities C.J. Muse - Cantor Fitzgerald Krish Sankar - TD Cowen Srinivas Pajjuri - Raymond Jame ...

Lam Research (LRCX) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.50%. A quarter ago, it was expected that this semiconductor equipment maker would post earnings of $0.75 per share when it actually produced earnings of $0.81, delivering a surprise of 8%.Over the last four quarters ...

Lam Research Corporation September quarter 2024 financial results October 23, 2024 Cautionary statement regarding forward-looking statements This presentation and the accompanying discussion contain "forward-looking statements" under U.S. securities laws. Forward-looking statements include any statements that are not statements of historical fact. Examples of forward-looking statements include, but are not limited to: (1) anticipated business, balance sheet, cash flow and financial measures and results and ...

Non-GAAP | --- | --- | --- | --- | --- | --- | |-------------------------------------------|-------|--------------------------------|-------|---------------------------|---------------------| | Revenue | $ | September 2024 \n4,167,976 | $ | June 2024 \n3,871,507 | Change Q/Q \n+ 8% | | Gross margin as percentage of revenue | | 48.2 % | | 48.5 % | - 30 bps | | Operating income as percentage of revenue | | 30.9 % | | 30.7 % | + 20 bps | | Diluted EPS pre-split | $ | 8.60 | $ | 8.14 | + 6% | | Diluted EPS post ...

FREMONT, Calif., Oct. 23, 2024 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended September 29, 2024 (the "September 2024 quarter").On May 21, 2024, the Company announced a ten-for-one stock split which was effective October 2, 2024. All references made to share or per share amounts in this press release have been adjusted to reflect the stock split, unless otherwise indicated.Highlights for the September 2024 quarter were ...

I prefer to look for GARP (growth at a reasonable price) stocks but also look for opportunities everywhere else. I don't have a specified time horizon. I invest in a stock for as long as my thesis holds true, and I get out when the facts change. In addition, I've developed market-beating algorithms with Python that have helped me find attractive investment opportunities within my own portfolio, and I have been investing since 2016.On top of that, I've worked at TipRanks as an analysis/news writer and even a ...