Stock Track | Lam Research Soars 5.09% Intraday After Q3 Earnings Beat and Strong Q4 Guidance

Stock Track04-24

Lam Research's stock soared 5.09% during intraday trading on Friday, continuing its rebound from a recent pullback. The significant surge is attributed to the company's impressive fiscal third-quarter results, which surpassed analyst expectations, and its optimistic outlook for the current quarter.

The semiconductor equipment maker reported adjusted earnings per share of $1.47, beating the consensus estimate of $1.36. Revenue reached a record $5.84 billion, also exceeding forecasts. Furthermore, management provided strong guidance for the fourth quarter, projecting revenue of approximately $6.6 billion, well above market expectations. Company executives expressed confidence in robust, AI-driven demand for semiconductor equipment across DRAM, NAND, foundry, and packaging segments. Following the report, several investment banks, including Citigroup and Oppenheimer, raised their price targets on the stock.

Lam Research also raised its full-year wafer fabrication equipment market estimate to $140 billion, citing a healthy equipment landscape and an accelerated NAND upgrade cycle as key industry tailwinds expected to sustain momentum through 2028. The positive company-specific news contributed to the sharp intraday gain.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1140743606?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-24 21:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1140743606","market":"nz","top_or_hot":-1,"title":"Stock Track | Lam Research Soars 5.09% Intraday After Q3 Earnings Beat and Strong Q4 Guidance","media":"Stock Track","content":"<p>Lam Research's stock soared 5.09% during intraday trading on Friday, continuing its rebound from a recent pullback. The significant surge is attributed to the company's impressive fiscal third-quarter results, which surpassed analyst expectations, and its optimistic outlook for the current quarter.</p><p>The semiconductor equipment maker reported adjusted earnings per share of $1.47, beating the consensus estimate of $1.36. Revenue reached a record $5.84 billion, also exceeding forecasts. Furthermore, management provided strong guidance for the fourth quarter, projecting revenue of approximately $6.6 billion, well above market expectations. Company executives expressed confidence in robust, AI-driven demand for semiconductor equipment across DRAM, NAND, foundry, and packaging segments. Following the report, several investment banks, including Citigroup and Oppenheimer, raised their price targets on the stock.</p><p>Lam Research also raised its full-year wafer fabrication equipment market estimate to $140 billion, citing a healthy equipment landscape and an accelerated NAND upgrade cycle as key industry tailwinds expected to sustain momentum through 2028. The positive company-specific news contributed to the sharp intraday gain.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Lam Research Soars 5.09% Intraday After Q3 Earnings Beat and Strong Q4 Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Lam Research Soars 5.09% Intraday After Q3 Earnings Beat and Strong Q4 Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-04-24 21:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Lam Research's stock soared 5.09% during intraday trading on Friday, continuing its rebound from a recent pullback. The significant surge is attributed to the company's impressive fiscal third-quarter results, which surpassed analyst expectations, and its optimistic outlook for the current quarter.</p><p>The semiconductor equipment maker reported adjusted earnings per share of $1.47, beating the consensus estimate of $1.36. Revenue reached a record $5.84 billion, also exceeding forecasts. Furthermore, management provided strong guidance for the fourth quarter, projecting revenue of approximately $6.6 billion, well above market expectations. Company executives expressed confidence in robust, AI-driven demand for semiconductor equipment across DRAM, NAND, foundry, and packaging segments. Following the report, several investment banks, including Citigroup and Oppenheimer, raised their price targets on the stock.</p><p>Lam Research also raised its full-year wafer fabrication equipment market estimate to $140 billion, citing a healthy equipment landscape and an accelerated NAND upgrade cycle as key industry tailwinds expected to sustain momentum through 2028. The positive company-specific news contributed to the sharp intraday gain.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LRCX","symbol_name":"拉姆研究","start_time":0,"source_url":"","article_id":"1140743606","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1140743606","pubTimestamp":1777037889,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Lam Research's stock soared 5.09% during intraday trading on Friday, continuing its rebound from a recent pullback. The significant surge is attributed to the company's impressive fiscal...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LRCX":"拉姆研究"},"translate_title":"个股追踪|泛林研究盘中大涨5.09%，此前Q3盈利超预期且Q4指引强劲","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LRCX":1},"content_text":"Lam Research's stock soared 5.09% during intraday trading on Friday, continuing its rebound from a recent pullback. The significant surge is attributed to the company's impressive fiscal third-quarter results, which surpassed analyst expectations, and its optimistic outlook for the current quarter.The semiconductor equipment maker reported adjusted earnings per share of $1.47, beating the consensus estimate of $1.36. Revenue reached a record $5.84 billion, also exceeding forecasts. Furthermore, management provided strong guidance for the fourth quarter, projecting revenue of approximately $6.6 billion, well above market expectations. Company executives expressed confidence in robust, AI-driven demand for semiconductor equipment across DRAM, NAND, foundry, and packaging segments. Following the report, several investment banks, including Citigroup and Oppenheimer, raised their price targets on the stock.Lam Research also raised its full-year wafer fabrication equipment market estimate to $140 billion, citing a healthy equipment landscape and an accelerated NAND upgrade cycle as key industry tailwinds expected to sustain momentum through 2028. The positive company-specific news contributed to the sharp intraday gain.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1140743606","isCrawlerRequest":true}