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Lam Research Earnings Estimate

LRCX Stock  USD 884.89  2.53  0.29%   
The next projected EPS of Lam Research is estimated to be 7.3 with future projections ranging from a low of 7.25 to a high of 7.61. Lam Research's most recent 12-month trailing earnings per share (EPS TTM) is at 25.91. Please be aware that the consensus of earnings estimates for Lam Research Corp is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Lam Research is projected to generate 7.3 in earnings per share on the 31st of March 2024. Lam Research earnings estimates module stress-tests analyst consensus about projected Lam Research Corp EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Lam Research, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Lam Research's earnings estimates, investors can diagnose different trends across Lam Research's analyst sentiment over time as well as compare current estimates against different timeframes. Gross Profit is likely to rise to about 9.4 B in 2024. Pretax Profit Margin is likely to rise to 0.27 in 2024
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lam Research Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Lam Research Earnings Estimation Breakdown

The calculation of Lam Research's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Lam Research is estimated to be 7.3 with the future projection ranging from a low of 7.25 to a high of 7.61. Please be aware that this consensus of annual earnings estimates for Lam Research Corp is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
7.52
7.25
Lowest
Expected EPS
7.3
7.61
Highest

Lam Research Earnings Projection Consensus

Suppose the current estimates of Lam Research's value are higher than the current market price of the Lam Research stock. In this case, investors may conclude that Lam Research is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Lam Research's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2024Current EPS (TTM)
1989.94%
7.52
7.3
25.91

Lam Research Earnings History

Earnings estimate consensus by Lam Research Corp analysts from Wall Street is used by the market to judge Lam Research's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Lam Research's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Lam Research Quarterly Gross Profit

1.76 Billion

Retained Earnings is likely to rise to about 26.6 B in 2024. Retained Earnings Total Equity is likely to rise to about 26.6 B in 2024 Net Income Applicable To Common Shares is likely to rise to about 5.4 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 132.1 M in 2024.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lam Research's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
881.02883.11885.20
Details
Intrinsic
Valuation
LowRealHigh
767.47769.56973.38
Details
Naive
Forecast
LowNextHigh
816.25818.33820.42
Details
32 Analysts
Consensus
LowTargetHigh
585.28643.17713.92
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lam Research. Your research has to be compared to or analyzed against Lam Research's peers to derive any actionable benefits. When done correctly, Lam Research's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Lam Research Corp. Note that many institutional investors and large investment bankers can move markets due to the volume of Lam assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Lam Research. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Lam Research's stock price in the short term.

Lam Research Earnings per Share Projection vs Actual

Actual Earning per Share of Lam Research refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Lam Research Corp predict the company's earnings will be in the future. The higher the earnings per share of Lam Research, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Lam Research Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Lam Research, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Lam Research should always be considered in relation to other companies to make a more educated investment decision.

Lam Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Lam Research's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-01-24
2023-12-317.17.520.42
2023-10-18
2023-09-306.126.850.7311 
2023-07-26
2023-06-305.075.980.9117 
2023-04-19
2023-03-316.546.990.45
2023-01-25
2022-12-319.9610.710.75
2022-10-19
2022-09-309.5410.420.88
2022-07-27
2022-06-307.328.831.5120 
2022-04-20
2022-03-317.517.4-0.11
2022-01-26
2021-12-318.518.530.02
2021-10-20
2021-09-308.218.360.15
2021-07-28
2021-06-307.558.090.54
2021-04-21
2021-03-316.627.490.8713 
2021-01-27
2020-12-315.726.030.31
2020-10-21
2020-09-305.25.670.47
2020-07-29
2020-06-304.054.780.7318 
2020-04-22
2020-03-313.983.980.0
2020-01-29
2019-12-313.854.010.16
2019-10-23
2019-09-303.013.180.17
2019-07-31
2019-06-303.423.620.2
2019-04-24
2019-03-313.383.70.32
2019-01-23
2018-12-313.663.870.21
2018-10-16
2018-09-303.223.360.14
2018-07-26
2018-06-304.945.310.37
2018-04-17
2018-03-314.384.790.41
2018-01-24
2017-12-313.684.340.6617 
2017-10-17
2017-09-303.283.460.18
2017-07-26
2017-06-303.033.110.08
2017-04-18
2017-03-312.552.80.25
2017-01-25
2016-12-312.192.240.05
2016-10-19
2016-09-301.781.810.03
2016-07-27
2016-06-301.641.80.16
2016-04-20
2016-03-311.11.180.08
2016-01-27
2015-12-311.431.570.14
2015-10-21
2015-09-301.711.820.11
2015-07-29
2015-06-301.471.50.03
2015-04-20
2015-03-311.31.40.1
2015-01-28
2014-12-311.131.190.06
2014-10-22
2014-09-300.930.960.03
2014-07-30
2014-06-301.231.250.02
2014-04-23
2014-03-311.171.260.09
2014-01-29
2013-12-311.031.10.07
2013-10-23
2013-09-300.710.810.114 
2013-07-31
2013-06-300.710.80.0912 
2013-04-24
2013-03-310.370.440.0718 
2013-01-23
2012-12-310.440.450.01
2012-10-17
2012-09-300.410.530.1229 
2012-07-25
2012-06-300.640.6-0.04
2012-04-18
2012-03-310.460.50.04
2012-01-25
2011-12-310.30.340.0413 
2011-10-19
2011-09-300.650.63-0.02
2011-07-27
2011-06-301.091.140.05
2011-04-20
2011-03-311.361.450.09
2011-01-26
2010-12-311.571.740.1710 
2010-10-20
2010-09-301.381.520.1410 
2010-07-28
2010-06-300.971.170.220 
2010-04-21
2010-03-310.820.940.1214 
2010-01-27
2009-12-310.40.470.0717 
2009-10-21
2009-09-30-0.080.030.11137 
2009-07-29
2009-06-30-0.46-0.450.01
2009-04-22
2009-03-31-0.66-0.71-0.05
2009-01-28
2008-12-31-0.05-0.09-0.0480 
2008-10-22
2008-09-300.250.260.01
2008-07-29
2008-06-300.40.60.250 
2008-04-23
2008-03-310.940.87-0.07
2008-03-31
2007-12-311.030.91-0.1211 
2007-04-12
2007-03-311.061.150.09
2007-01-17
2006-12-311.111.150.04
2006-10-11
2006-09-301.031.130.1
2006-07-19
2006-06-300.830.960.1315 
2006-04-12
2006-03-310.620.650.03
2006-01-18
2005-12-310.380.550.1744 
2005-10-12
2005-09-300.30.350.0516 
2005-07-20
2005-06-300.440.470.03
2005-04-13
2005-03-310.430.440.01
2005-01-20
2004-12-310.530.590.0611 
2004-10-13
2004-09-300.580.640.0610 
2004-07-21
2004-06-300.260.370.1142 
2004-04-14
2004-03-310.10.140.0440 
2004-01-21
2003-12-310.050.070.0240 
2003-10-15
2003-09-300.030.040.0133 
2003-07-23
2003-06-300.020.020.0
2002-07-23
2002-06-30-0.07-0.060.0114 
2002-04-17
2002-03-31-0.17-0.120.0529 
2001-10-09
2001-09-300.150.210.0640 
2001-07-25
2001-06-300.140.280.14100 
2001-04-11
2001-03-310.370.33-0.0410 
2001-01-23
2000-12-310.520.580.0611 
2000-10-12
2000-09-300.430.480.0511 
2000-07-26
2000-06-300.430.450.02
2000-04-18
2000-03-310.360.370.01
2000-01-20
1999-12-310.240.330.0937 
1999-10-21
1999-09-300.170.190.0211 
1999-07-29
1999-06-300.040.090.05125 
1999-04-22
1999-03-31-0.17-0.130.0423 
1999-01-28
1998-12-31-0.31-0.210.132 
1998-10-15
1998-09-30-0.23-0.230.0
1998-07-28
1998-06-30-0.02-0.020.0
1998-04-16
1998-03-31-0.04-0.040.0
1998-01-21
1997-12-310.040.03-0.0125 
1997-10-22
1997-09-300.030.030.0
1997-07-29
1997-06-300.020.030.0150 
1997-04-15
1997-03-310-0.04-0.04
1997-01-21
1996-12-310.030.030.0
1996-10-15
1996-09-300.20.19-0.01
1996-07-30
1996-06-300.420.420.0
1996-04-16
1996-03-310.420.430.01
1996-01-16
1995-12-310.350.370.02
1995-10-18
1995-09-300.320.330.01

About Lam Research Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Lam Research earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Lam Research estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Lam Research fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings25.3 B26.6 B
Retained Earnings Total Equity25.3 B26.6 B
Earnings Yield 0.08  0.08 
Price Earnings Ratio 13.31  13.98 
Price Earnings To Growth Ratio 1.46  1.53 

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When determining whether Lam Research Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lam Research's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lam Research Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lam Research Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lam Research Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Lam Research Corp information on this page should be used as a complementary analysis to other Lam Research's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Lam Research's price analysis, check to measure Lam Research's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lam Research is operating at the current time. Most of Lam Research's value examination focuses on studying past and present price action to predict the probability of Lam Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lam Research's price. Additionally, you may evaluate how the addition of Lam Research to your portfolios can decrease your overall portfolio volatility.
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Is Lam Research's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lam Research. If investors know Lam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lam Research listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
7.45
Earnings Share
25.91
Revenue Per Share
107.407
Quarterly Revenue Growth
(0.29)
The market value of Lam Research Corp is measured differently than its book value, which is the value of Lam that is recorded on the company's balance sheet. Investors also form their own opinion of Lam Research's value that differs from its market value or its book value, called intrinsic value, which is Lam Research's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lam Research's market value can be influenced by many factors that don't directly affect Lam Research's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lam Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lam Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lam Research's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.