Lam Research stock gains as revenue and EPS beat estimates

Published on 09/08/2026 at 17:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lam Research stock stays supported by record quarterly revenue, stronger EPS and a higher dividend after the latest report on July 29, 2026.

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Lam Research stock (ISIN US5324571083) opened at USD 307.65 on September 8, 2026, after the latest report showed fiscal Q4 2026 revenue of USD 6.72 billion and EPS of USD 1.82. MarketBeat reported the move alongside a consensus view of Moderate Buy and an average 12-month target of USD 358.97.

Record quarter drives the setup

The company said on July 29, 2026 that fiscal Q4 2026 revenue rose 30.0 percent year over year to USD 6.72 billion, while non-GAAP EPS increased 37.0 percent to USD 1.82 and exceeded the consensus estimate of USD 1.69 by USD 0.13. The same source put the net margin at 31.27 percent and return on equity at 67.60 percent, both figures that explain why the stock has kept a strong bid. MarketBeat

Lam Research also set Q1 2027 guidance at EPS of USD 2.00 to USD 2.30, which gives investors a concrete range to watch against the last reported USD 1.82. The company raised its quarterly dividend to USD 0.33 from USD 0.26, and the annualized payout now stands at USD 1.32 per share. MarketBeat

Analysts still lean positive

MarketBeat said 32 research firms cover Lam Research, with 26 buy ratings, five hold ratings and one strong buy rating, a split that leaves the stock at Moderate Buy. The same consensus page puts the average target at USD 358.97, or 20.55 percent above the September 8 close of USD 307.65.

Marketscreener's consensus page showed a last close of USD 307.65 and an average target of USD 370.87, with 35 analysts in coverage and a high target of USD 500.00. That gap to the share price is large enough to keep valuation and execution in the same frame for investors.

Semiconductor tools still matter

Lam Research's product mix centers on wafer fabrication systems used in thin film deposition, plasma etch, wafer cleaning and related process modules. That business mix matters because the latest report tied the growth to a 30.0 percent revenue increase, not to a one-time financial item. MarketBeat

Price and key data

Lam Research stock traded at USD 307.65 on September 8, 2026, with a 12-month range of USD 100.68 to USD 438.50 and a market capitalization of USD 384.97 billion. For investors, the combination of USD 6.72 billion in fiscal Q4 2026 revenue, USD 1.82 EPS and a USD 0.33 quarterly dividend is the main numerical backdrop as the stock absorbs the latest guidance. MarketBeat