LRCX Earnings

LRCX reported its earnings on 2026-01-28, showcasing a revenue of 5.34B against an estimate of 5.22B, resulting in a 2.39% surprise. The EPS was 1.27, surpassing the expected 1.17 by 8.55%. The stock experienced a 3.59% price change on the earnings day and a -3.96% change over the next five days, reflecting market reactions to the results.

Following LRCX's earnings announcement on 2026-01-28, the stock price moved by 3.59% on the day of the release. Over the subsequent five days, it saw a -3.96% change. Historically, LRCX's stock price tends to shift by an average of -0.36% in the 10 days leading up to earnings and 3.86% in the 10 days following, providing insight into potential market.

For 2026/Q3, analysts estimate LRCX's annual revenue to reach 5.28B, while the EPS is projected at 1.19. These estimates reflect recent revisions, with revenue estimates revised upward by 0.07% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between LRCX's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2026 were revised upward by 0.07%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, LRCX's stock price typically moves by -0.36% in the 10 days before its earnings and 3.86% in the 10 days after. For the upcoming 2026/Q3 earnings, analysts expect an EPS of 1.19 and revenue of 5.28B.

The earnings call reflects a positive outlook with strong financial metrics and optimistic guidance, despite the challenges in China. The company is poised to capture significant market expansion, particularly in AI and NAND. The Q&A section reinforced this sentiment, with management confident in their strategic positioning and growth prospects, notably in advanced packaging and WFE share gains. The anticipated growth in 2026 and strategic investments suggest a favorable stock price movement.