Lam Research stock trades at EUR 307.43 and stands 1.65 percent above its prior close

Published on 10/02/2026 at 14:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 6.72 billion in fiscal fourth quarter 2026, up 30.00 percent. Lam Research stock costs EUR 307.43 on October 2, 2026 after EUR 302.45.

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Lam Research (ISIN US5128073062) was trading at EUR 307.43 at Lang & Schwarz on October 2, 2026 at 2:07 p.m. CEST, up 1.65 percent from the prior close of EUR 302.45. The next earnings report is scheduled for October 21, 2026, according to Simply Wall St.

Revenue reaches USD 6.72 billion

MarketBeat reported on September 23, 2026 that Lam Research posted USD 1.82 in adjusted earnings per share for the fiscal fourth quarter ended June 28, 2026, above the USD 1.69 consensus estimate. Revenue reached USD 6.72 billion against USD 6.66 billion expected, representing 30.00 percent year-over-year growth.

The result gives the October report a demanding comparison base. Lam Research also guided for USD 2.00-2.30 in earnings per share for the first quarter of fiscal 2027, according to MarketBeat on September 30, 2026.

Analyst target stays above Nasdaq quote

Berenberg set a USD 420.00 price target and kept a Buy rating on September 9, 2026, as reported by MarketBeat. Against the USD 340.10 Nasdaq quote last available on October 1, 2026 at 4:00 p.m. ET, that target lies 23.49 percent above the price.

The broader analyst picture remains constructive, with 26 Buy ratings, five Hold ratings and one Strong Buy rating, alongside a USD 361.81 average target, according to MarketBeat. The key counterweight is valuation: Lam Research had a USD 425.3 billion market capitalization on October 1, 2026, while its Nasdaq 52-week range was USD 131.02 to USD 438.50.

October report sets the next test

The October 21 report will show whether the June-quarter revenue acceleration carried into the quarter ended September 27, 2026. Lam Research operates in semiconductor equipment, where deposition, etch and wafer-cleaning systems tie revenue to memory and logic investment cycles. The fiscal fourth-quarter revenue comparison and the USD 2.00-2.30 guidance range make earnings execution the clearest near-term reference point.

Euro quote gains 1.65 percent

Lam Research was trading at EUR 307.43 at Lang & Schwarz on October 2, 2026 at 2:07 p.m. CEST, compared with the prior close of EUR 302.45. On the Nasdaq, the stock was last at USD 340.10 on October 1, 2026 at 4:00 p.m. ET. The further course of trading is shown by the continuously updated real-time quote of Lam Research stock.