Lam Research Corporation Reports Financial Results for the Quarter Ended March 31, 2024

Go back to Lam Research Corporation Reports Financial Results for the Quarter Ended March 31, 2024

Lam Research (LRCX) PT Raised to $1,025 at Citi, 'Buy This Pullback'

April 25, 2024 4:50 AM EDT

Citi analyst Atif Malik raised the price target on Lam Research (NASDAQ: LRCX) to $1,025.00 (from $975.00) while maintaining a Buy rating.

The analyst comments "Lam reported beat and raise results as previewed. We maintain LRCX as our #1 equipment pick and view NAND WFE... More

Lam Research (LRCX) Tops Q3 EPS by 50c, Beats on Revenue; Offers Q4 Revenue Guidance

April 24, 2024 4:10 PM EDT

Lam Research (NASDAQ: LRCX) reported Q3 EPS of $7.79, $0.50 better than the analyst estimate of $7.29. Revenue for the quarter came in at $3.79 billion versus the consensus estimate of $3.72 billion.

GUIDANCE:

Lam Research sees Q4 2024 revenue of $3.5-4.1 billion, versus the... More