Lam Research beat earnings estimates in Q4 2025, raised 2026 guidance, and saw insider sales of nearly $29.7M.

Lam Research reported strong Q4 earnings on January 28, 2026, with $1.27 EPS and $5.34 billion in revenue, up 22.1% year-over-year, beating estimates. The company raised its Q3 2026 EPS guidance to $1.250–$1.450. Analysts maintain a "Moderate Buy" consensus rating with an average target of $245.19, while Barclays raised its price target to $255.00. Insiders, including CFO Douglas R. Bettinger and Director Eric Brandt, sold a combined 130,886 shares valued at nearly $29.7 million over three months. The stock, with a market cap of $263.73 billion, traded around $211.19 on March 9, 2026.