Explore Lam Research's (LRCX) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
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 sell-side) analysts often affect a stock's price, do they really matter?
LRCX beats Q2 estimates as earnings surge 39.6% Y/Y and revenues jump 22%, backed by strong customer support revenue growth and upbeat guidance.
While the top- and bottom-line numbers for Lam Research (LRCX) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lam Research (LRCX) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $0.91 per share a year ago.
Lam Research forecast third-quarter revenue above Wall Street expectations on Wednesday, as enterprises ramped up orders of its chipmaking tools.
Get earnings reminders, our top analysis on Lam Research, market updates, and brand-new stock recommendations delivered directly to your inbox.
Lam Research (LRCX) has faced setbacks in the past. Its stock has experienced drops exceeding 30% within a period of less than two months on as many as four distinct occasions in recent years, erasing billions in market capitalization and undoing substantial profits in a single correction.
Lam Research ( LRCX ) became a Zacks #1 Rank again ahead of its earnings report Wednesday afternoon. As with many semiconductor companies, from chip designers like NVIDIA ( NVDA ) and Advanced Micro Devices ( AMD ) to the foundries like Taiwan Semi ( TSM ) and Intel ( INTC ), the bull case for wafer fabrication equipment (WFE) companies like Lam Research has shifted from a cyclical recovery to a structural "content gain" play.
Lam Research's AI-driven foundry demand is set to lift Systems revenues in Q2, with advanced etch and deposition tools gaining traction at chipmakers.
Lam Research's Q2 results are likely to reflect benefits from strong demand for AI chips and rising DRAM spending.
Lam Research (LRCX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).