Lam Research Corp (LRCX) FY2026Q1 Earning Prediction
Lam Research Corp (LRCX) is set to release its FY2026Q1 earnings performance on 10/22 04:00:00 in After Hours trading. Consensus forecasts predict a revenue of 5.00B and an earnings per share (EPS) of 1.21 for the FY2026Q1. With Intellectia's exclusive AI algorithms, users can predict whether the earnings will beat or miss expectations before the report drops. Leverage this powerful tool to strategize and position your trades ahead of the earnings release!
AI Earnings Prediction
The earnings forecast predicts a beat driven by strong revenue growth, margin efficiency, and robust demand indicators.
Scenario Analysis
Key Indicators Forecast
No data
Prediction Logic & Rational
Logic & Justification
Key Drivers from Fact Data
- Revenue Growth:
Positive: Launch of VECTOR TEOS 3D Tool for advanced AI/HPC packaging and increased DRAM investment (noted by BofA, Mizuho) suggest strong near-term demand. Analysts revised 2026 WFE growth to +10% YoY, favoring Lam’s memory exposure.
Risk: HSBC notes consensus estimates may already price in upside, and KeyBanc warns near-term EPS upside is limited.
- Margins:
- Gross/Operating Margins: Operational efficiencies and a stronger product mix (e.g., new high-margin tool) likely sustain record margins. Deutsche Bank highlights cyclical and secular tailwinds.
- EPS:
- Beat driven by revenue growth and margin strength (lower tax rate not explicitly mentioned but operational execution supports EPS).
- Deferred Revenue:
- Continued growth in deferred revenue (from advanced payments) signals robust future demand, aligning with Mizuho’s raised WFE estimates.
Risks
Geopolitical risks (China exposure) and potential tariff impacts could weigh on sentiment, but no immediate financial impact this quarter.
Stock’s 53% rally since last earnings raises the bar; even a modest beat may trigger profit-taking.
Tactical Strategy Recommendations
Trading Strategy
- Options: Short-term bullish call spreads (e.g., Oct 22 $145/$150) to capitalize on a beat while limiting downside.
- Stock: Trim positions pre-earnings; high expectations increase risk of a "sell-the-news" reaction even on a beat.
- Hedge: Pair with puts on peers (e.g., AMAT) if geopolitical risks escalate.
Rationale: Strong fundamentals support a beat, but the stock’s massive rally limits upside. Focus on tactical, risk-defined plays.
Earnings Surprise Analysis
LRCX Transcript
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.
The earnings call summary indicates strong financial performance with a projected increase in WFE spending and SAM expansion. Product development and market strategy are robust, with significant advancements in NAND and AI infrastructure, suggesting future growth. The Q&A section highlights strong market demand and strategic positioning, though some uncertainties remain about China WFE and infrastructure limitations. Overall, the positive outlook on financial metrics, product development, and market strategy outweighs the uncertainties, leading to a positive sentiment rating.
LRCX Report
Frequently Asked Questions
What is the Lam Research Corp FY2026Q1 Earnings Release Date and Time?
Lam Research Corp (LRCX) is scheduled to release its FY2026Q1 earnings report onOct 22, 2025, After Hours(approximately 4:00 PM ET). This timing allows investors to react during after-hours trading, with a conference call typically following shortly after.
What Are the Consensus Forecasts for Lam Research Corp FY2026Q1 Revenue and EPS?
Analysts' consensus predicts 5.00B in revenue and an EPS of 1.00 for Lam Research Corp's FY2026Q1.
What Does Intellectia's AI Predict for Lam Research Corp FY2026Q1 Earnings?
Intellectia's exclusive AI algorithms forecast a Beat forLam Research Corp's FY2026Q1 earnings, with a prediction date of Oct 22, 2025. Lam Research Corp The earnings forecast predicts a beat driven by strong revenue growth, margin efficiency, and robust demand indicators.
How Can I Use This Earnings Prediction to Trade LRCX Stock?
Leverage Intellectia's AI forecast to position trades ahead of theOct 22, 2025 release—consider calls for a beat scenario or protective puts for misses. Focus on pre-market volatility, and use the scenario probabilities to build strategies around revenue and guidance updates.
How Accurate Is Intellectia's AI for Earnings Predictions Like Lam Research Corp FY2026Q1?
Intellectia's predictions are backed by rigorous backtesting, showing a high hit rate for Beat and Miss calls compared to traditional analysis. While no forecast is 100% certain, we provide probability-based scenarios (e.g., 50% chance of a *Beat*) and detailed rationales to help you make informed decisions. Combine our insights with your strategy for the best results—it's like having a co-pilot for earnings season! Empowering users to strategize trades before reports drop.
How does AI Earnings Prediction generate its forecasts?
AI Earnings Prediction uses advanced Large Language Models (LLMs) to analyze a wealth of data, including past earnings transcripts, real-time market sentiment, analyst insights, and company news from the last three months. It focuses on key indicators like revenue, EPS, and margins to predict whether a company will *Beat*, *Miss*, or remain Neutral relative to market expectations. Think of it as a super-smart analyst crunching numbers and news 24/7 to give you a trading edge!
When are the predictions available, and how often are they updated?
Predictions are generated two days before a company’s earnings release (e.g., 5:00 PM ET on Feb 13 for a Feb 15 report) to capture the latest market and company data. They’re updated in real-time if significant news breaks, ensuring you get fresh insights.
Can I use AI Earnings Prediction for all types of stocks?
Currently, AI Earnings Prediction focuses on companies with market caps above $40 billion, covering major players like SPG, AAPL, MSFT, and NVDA for the 2025-2026 earnings seasons. We prioritize high-impact stocks with robust data to ensure reliable forecasts. Stay tuned as we expand coverage to more companies based on user demand!
