Topic：Lam Research

Unhidea explains global investment research, selected interviews and market briefs. Explore source attribution, dates, key assumptions and the reasoning behind each article.

Lam Research posts a modest earnings beat; next-quarter EPS guidance matches consensus

Revenue and earnings per share for the quarter ending in September were both slightly above market consensus, while China revenue rose 65% quarter over quarter; however, EPS guidance for the quarter ending in December merely matched consensus, and the stock fell about 5% in after-hours trading.

Evercore ISI · 2026.10.30 02:43

Why could Lam Research still outperform the equipment industry in 2027 even as Citi cuts its price target?

Increasing AI chip complexity is driving demand for etch and deposition equipment. Citi raised its earnings forecasts for Lam Research, but supply-chain bottlenecks are limiting the pace of industry expansion, and a lower valuation multiple has brought the price target down from $450 to $435.

Citi · 2026.10.30 02:45