Lam Research Corporation (LRCX) is scheduled to release its first-quarter fiscal 2025 results on Oct 23.For the first quarter of fiscal 2025, the company expects revenues of $4.05 billion (+/- $300 million). The Zacks Consensus Estimate is pegged at $4.05 billion, indicating 16.3% growth from the figure reported in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The consensus mark for earnings is pegged at 80 cents per share, indicating growth of 15.9% from the ...

Semiconductor innovation is a multidecade investing trend that is poised to continue with the arrival of AI and other technologies. Semiconductors, or chips, are essentially the building blocks of modern technology. They are often made from silicon sliced into thin wafers and contain countless microscopic circuits. As you can imagine, manufacturing semiconductors is a highly complex process that requires state-of-the-art technology. Lam Research (LRCX -0.41%) sells specialized equipment used in semiconducto ...

Lam Research (LRCX) closed the most recent trading day at $72.84, moving -0.41% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.4% for the day. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.63%. The semiconductor equipment maker's shares have seen a decrease of 7.31% over the last month, not keeping up with the Computer and Technology sector's gain of 4.88% and the S&P 500's gain of 3.76%. Investors will be eagerly watching ...

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success. The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. All of the features can help you identify what stocks to buy, what to sell, and what ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Lam Research (LRCX) . Lam Research currently has an average brokerage reco ...

Shares of Lam Research (LRCX) have gained 9.8% over the past four weeks to close the last trading session at $80.61, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $102.67 indicates a potential upside of 27.4%. The average comprises 25 short-term price targets ranging from a low of $77.40 to a high of $132.50, with a standard deviation of $12.64. While the lowest estimate indic ...

Micron's latest results suggest the memory chip market is in great shape. That's solid news for another semiconductor company. Micron Technology (MU 1.97%) released its results for fiscal 2024 on Sept. 25. The data released offers a clear indication that the memory chip market is hot thanks to favorable supply/demand dynamics. Micron reported $7.75 billion in fiscal Q4 revenue, a stunning increase of 93% year over year. Additionally, the company's operating income margin swung to a positive 22.5% from a neg ...

FREMONT, Calif., Oct. 2, 2024 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, October 23, 2024, beginning at 2:00 p.m. Pacific Daylight Time (5:00 p.m. Eastern Daylight Time). Webcast: To access the webcast, visit the Investors section of Lam's website at http://www.lamresearch.com and click on the Investors/Investors Overview/Events & Presentations section to view the details. Replay Information: ...

Shares of Lam Research Corp (LRCX, Financial) surged 3.92% in mid-day trading on Oct 2. The stock reached an intraday high of $830.37, before settling at $828.66, up from its previous close of $797.40. This places LRCX 26.67% below its 52-week high of $1,130.00 and 44.26% above its 52-week low of $574.42. Trading volume was 335,901 shares, 25.5% of the average daily volume of 1,318,679. Wall Street Analysts Forecast Based on the one-year price targets offered by 25 analysts, the average target price for Lam ...

Lam Research's (LRCX) shares have lost 22% in the past three months compared with the industry and the broader technology sector's 17.8% and 0.5% declines, respectively. This has left investors questioning whether it is the time to buy the dip. This decline is not an isolated incident but part of a broader market sell-off triggered by macroeconomic challenges that have been taking a toll on the broader technology sector. Apart from LRCX's drop, other semiconductor companies encountered weaknesses. ASML Hold ...