Lam Research sets October 21 earnings call. Lam Research stock gains 1.60 percent

Published on 10/01/2026 at 14:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lam Research stock costs EUR 296.35 on October 1, 2026 after EUR 291.68. The October 21 call follows USD 6.72 billion in fiscal 2026 fourth-quarter revenue.

Fotorealistischer Blick auf eine generische Plasma-Etch-Maschine mit lila Plasmaschein durch das Sichtfenster im Halbleiter-Reinraum — Lam Research US5324571083 generische Plasma Etch Maschine mit lila Plasma im modernen Reinraum sichtbar, Illustration mit AI erstellt.

Lam Research (ISIN US5128073062) was trading at EUR 296.35 at Lang & Schwarz on October 1, 2026 at 2:12 p.m. CEST, up 1.60 percent from the prior close of EUR 291.68. The company has scheduled its September-quarter financial conference call for October 21, 2026, according to StockTitan in a September 30, 2026 release. The date gives investors the next fixed checkpoint for the company's semiconductor equipment cycle.

October 21 marks the next report

The upcoming call will cover the September quarter, which is Lam Research's first fiscal quarter of 2027. The previous reporting cycle delivered USD 6.72 billion in revenue, according to Zacks on September 22, 2026, giving the next release a demanding comparison base.

Management's fiscal first-quarter 2027 outlook calls for USD 8.10 billion in revenue, plus or minus USD 400.00 million, and a non-GAAP operating margin of 39.50 percent, plus or minus 1.00 percentage point. The midpoint would place revenue 20.54 percent above the fiscal fourth-quarter level, while the margin would be 1.10 percentage points higher than the previous quarter's 38.40 percent.

Revenue growth raises the margin test

Lam Research's fiscal fourth-quarter non-GAAP operating margin increased from 35.00 percent in the prior quarter to 38.40 percent, a 3.40 percentage-point improvement, according to Zacks. The same report says Lam is targeting operating margins in the mid-40 percent range over the next several years, making execution on the September quarter central to the longer-term profitability case.

The June 2026 quarter also showed a changing mix: memory accounted for 46.00 percent of new-system sales, compared with 44.00 percent for foundry, according to Nasdaq on September 29, 2026. China represented 26.00 percent of revenue in that quarter, down from 34.00 percent in March, leaving export restrictions as a material counter-factor.

Valuation meets a wider earnings base

Lam Research had a market capitalization of USD 410.8 billion as of September 30, 2026. Its primary-market 52-week range was USD 131.02 to USD 438.50 on that date, while Nasdaq identifies the company as a Nasdaq-100 constituent in its September 29, 2026 index review.

The scheduled report therefore arrives against both stronger operating expectations and a broad valuation spread. Analysts listed by MarketScreener show Berenberg raising its price target from USD 350.00 to USD 420.00 on September 9, 2026 while keeping a Buy rating. That target change is a separate analyst view from the October 21 company event.

Stock gains 1.60 percent

Lam Research was trading at EUR 296.35 at Lang & Schwarz on October 1, 2026 at 2:12 p.m. CEST, up 1.60 percent versus the EUR 291.68 prior close from September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Lam Research stock.