Lam Research Corporation ( LRCX ) will release earnings results for the first quarter, after the closing bell on Wednesday, Oct. 22.

Analysts expect the Fremont, California-based company to report quarterly earnings at $1.22 per share, up from 86 cents per share in the year-ago period. The consensus estimate for Lam Research's ( LRCX ) quarterly revenue is $5.23 billion, compared to $4.17 billion a year earlier, according to data from Benzinga Pro.

On Sept. 16, Lam Research ( LRCX ) and JSR Corp. (OTC:JSCPY) announced a non-exclusive cross-licensing and collaboration agreement to accelerate next-generation semiconductor manufacturing.

Shares of Lam Research ( LRCX ) rose 0.7% to close at $145.04 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Barclays analyst Tom O'Malley maintained an Equal-Weight rating and boosted the price target from $83 to $142 on Oct. 20, 2025. This analyst has an accuracy rate of 77%.

Mizuho analyst Vijay Rakesh maintained an Outperform rating and increased the price target from $130 to $162 on Oct. 16, 2025. This analyst has an accuracy rate of 79%.

Stifel analyst Brian Chin maintained a Buy rating and raised the price target from $115 to $135 on Oct. 13, 2025. This analyst has an accuracy rate of 79%.

Goldman Sachs analyst Toshiya Hari maintained a Buy rating and raised the price target from $115 to $160 on Oct. 9, 2025. This analyst has an accuracy rate of 81%.

B. Riley Securities analyst Craig Ellis maintained a Buy rating and raised the price target from $130 to $160 on Sept. 24, 2025. This analyst has an accuracy rate of 85%

Considering buying LRCX stock? Here’s what analysts think:

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