Lam Analysis Corp.LRCX not too long ago beat once more on earnings. This Zacks Rank #1 (Sturdy Purchase) is predicted to see double digit gross sales progress in Fiscal 2026 and Fiscal 2027.
Lam Analysis is a worldwide provider of modern wafer fabrication gear and providers to the semiconductor business. It’s gear and providers permit clients to construct smaller and higher performing units.
Lam Analysis Beat for the 14th Consecutive Quarter
On Oct 22, 2025, Lam Analysis reported its outcomes for the quarter ending Sep 28, 2025 (the “September quarter”) and beat on the Zacks Consensus Estimate by $0.05. Earnings have been $1.26 versus the consensus of $1.21.
This was the 14th consecutive earnings beat. Lam Analysis has solely missed as soon as within the final 5 years. That’s spectacular.
Income jumped 27.6% to $5.32 billion from $4.17 billion a 12 months in the past.
The areas of income have been China at 43%, Taiwan at 19%, Korea at 15%, Japan at 10%, United States at 6%, Southeast Asia at 5% and Europe at 2%.
Gross margin as proportion of income rose to 50.6% within the quarter from 48% final 12 months.
Analysts Are Bullish on Lam Analysis’s Subsequent Two Years
The analysts appreciated what they heard within the earnings report. 8 estimates have been revised increased for fiscal 2026 within the final week.
The fiscal 2026 Zacks Consensus rose to $4.68 from $4.53 which is earnings progress of 13%.
4 estimates have been revised increased within the final 7 days for fiscal 2027 pushing the Zacks Consensus as much as $5.44 from $5.08. That’s earnings progress of 16.1%.
Right here’s what it appears to be like like on the value and consensus chart.
Picture Supply: Zacks Funding Analysis
Shares of Lam Analysis Break Out to New Highs
Shares of Lam Analysis are crimson scorching. They’ve hit a brand new all-time excessive in 2025, gaining one other 18.2% within the final month. Yr so far they’re up 109.4%.
Picture Supply: Zacks Funding Analysis
Lam Analysis will not be low cost, however you’re paying for the expansion. It has a ahead price-to-earnings (P/E) ratio of 32.4. A P/E over 20 is taken into account costly.
Nonetheless, income is predicted to be up 11.9% in Fiscal 2026 and one other 11.7% in Fiscal 2027.
It additionally pays a dividend, presently yielding 0.7%.
For traders on the lookout for a red-hot know-how inventory with rising earnings estimates, Lam Analysis is one to maintain on the quick checklist.
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Lam Analysis Company (LRCX) : Free Inventory Evaluation Report
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