Lam Research (LRCX) Stock: Record Quarter, Big Guidance, Time to Buy?

TLDR

• LRCX rose ~1.42% to $310.10 on Friday, lifted by broad tech sector strength
• Q4 revenue hit $6.72 billion, beating estimates, with EPS of $1.82 vs. $1.68 expected
• Q1 2027 revenue guidance of $7.70B–$8.50B came in well above the $7.09B consensus
• Institutional ownership stands at 84.61%, with Eldred Rock Partners raising its stake by 6.4%
• Analysts hold a “Moderate Buy” consensus with an average price target of $358.47

Lam Research (LRCX) gained about 1.42% to $310.10 on Friday, as the broader tech sector pushed higher. The Nasdaq climbed 1.12% and the S&P 500 added 0.63%, with technology leading the way, up 1.20%.

Lam Research Corporation, LRCX

Friday’s move was largely driven by the overall market rather than any new company-specific news. Eight of the 11 S&P 500 sectors closed higher, with advancing stocks outpacing decliners roughly 2.7 to one.

The stock has also been riding momentum from its fiscal Q4 earnings report, released July 29. That report gave investors plenty to work with.

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