
Lam Research (NASDAQ:LRCX | LRCX Price Prediction) enters its July 29 Q4 earnings report with AI spending driving record results across its semiconductor equipment business.
Lam Research Corporation is an American corporation that engages in the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices (transistors, capacitors) and their wiring (interconnects). The company also builds equipment for back-end wafer-level packaging (WLP), and for related manufacturing markets such as for microelectromechanical systems (MEMS). The company is headquartered in Fremont, California, in the Silicon Valley.
| Revenue (TTM) | $21.68B |
| Gross Profit (TTM) | $10.84B |
| EBITDA | $7.85B |
| Operating Margin | 35.00% |
| Return on Equity | 66.80% |
| Return on Assets | 22.80% |
| Revenue/Share (TTM) | $17.20 |
| Book Value | $8.46 |
| Price-to-Book | 34.45 |
| Price-to-Sales (TTM) | 15.55 |
| EV/Revenue | 16.77 |
| EV/EBITDA | 45.05 |
| Quarterly Earnings Growth (YoY) | 40.80% |
| Quarterly Revenue Growth (YoY) | 23.80% |
| Shares Outstanding | $1.25B |
| Float | $1.25B |
| % Insiders | 0.28% |
| % Institutions | 89.91% |
Volatility is currently contracting

Lam Research (NASDAQ:LRCX | LRCX Price Prediction) enters its July 29 Q4 earnings report with AI spending driving record results across its semiconductor equipment business.

The semiconductor market, which has significantly outperformed the broader market in 2026 is seeing a pullback in July. The factors driving this rise include aggressive profit-taking, valuation concerns, and unwinding leveraged trades following a historic AI-fueled rally.

Get a deeper insight into the potential performance of Lam Research (LRCX) for the quarter ended June 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Lam Research's Q4 results are expected to reflect the benefits of strong demand for AI chips and rising DRAM spending.

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Lam Research (LRCX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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