Lam Research (NASDAQ:LRCX) will release its quarterly earnings report on Wednesday, 2026-01-28. Here’s a brief overview for investors ahead of the announcement.
Analysts anticipate Lam Research to report an earnings per share (EPS) of $1.17.
Anticipation surrounds Lam Research’s announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Historical Earnings Performance
The company’s EPS beat by $0.04 in the last quarter, leading to a 4.45% increase in the share price on the following day.
Here’s a look at Lam Research’s past performance and the resulting price change:
| Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|
| EPS Estimate | 1.22 | 1.20 | 0.98 | 0.88 |
| EPS Actual | 1.26 | 1.33 | 1.04 | 0.91 |
| Price Change % | 4.00 | -4.00 | 6.00 | 7.00 |

Market Performance of Lam Research’s Stock
Shares of Lam Research were trading at $222.87 as of January 26. Over the last 52-week period, shares are up 196.57%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analysts’ Perspectives on Lam Research
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Lam Research.
Lam Research has received a total of 18 ratings from analysts, with the consensus rating as Buy. With an average one-year price target of $225.72, the consensus suggests a potential 3.57% upside.