From Nasdaq: 2025-04-26 07:28:00

Semiconductor stocks, including Lam Research Corp. (NASDAQ: LRCX), have faced challenges due to DeepSeek and tariffs. However, Lam Research reported strong earnings, with revenue of $4.72 billion, up 24.5% YoY. The company also beat EPS estimates by $1, showing growth potential in the sector.

Lam Research, a key equipment supplier to chipmakers, expects continued momentum in the June quarter, with revenue forecasted at $5 billion and $1.20 EPS. This outlook points to record profitability and operating margins, positioning the company for growth.

Despite concerns about tariffs, Lam Research remains optimistic about its operations in China and manufacturing capabilities. The company’s strategy of proximity to customers and flexibility in the supply chain mitigates potential disruptions.

Technically, LRCX stock is down for the year but shows signs of a breakout opportunity. Analysts maintain a Moderate Buy rating with a consensus price target of $93.23, indicating a 31% potential gain. The stock’s performance and forecast suggest a positive outlook for investors.



Read more at Nasdaq:: Is the Floor in for Lam Research After Bullish Earnings?