Zacks Investment Research
22 Oct 2026, 02:00 UTC · 2h ago
Lam Research (LRCX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Impact · against what's priced in
The Q1 earnings report for Lam Research provides no catalyst for the stock price, as the reported results align almost exactly with current market expectations. The revenue and EPS beats are marginal, confirming the growth already baked into the valuation without addressing the long-term CAGR concerns that the market currently declines to price in.
- LRCX+0.05
Already priced in
- The price assumes
September quarter guidance of $8.1 billion in revenue, representing 21% sequential growth
The reported revenue of $8.22 billion is a marginal 0.99% beat over the $8.14 billion estimate, confirming the growth levels the market already assumed for the September quarter.
What LRCX's price assumes · Sep 4
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