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special films on a silicon wafer and etch away portions of various films to create a circuit design. The semiconductor giant is expected to announce its fiscal first-quarter earnings for 2026 after the market closes on Wednesday, Oct. 22.Ahead of the event, analysts expect LRCX to report a profit of $1.21 per share on a diluted basis, up 40.7% from $0.86 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.Everyone’s a Genius In A Bull Market - Until The Structure ShiftsMake a 4.5% One-Month Yield Shorting Shopify Cash-Secured OTM PutsGovernment Shutdown, OpenAI Conference and Other Can't Miss Items this WeekGet exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else.For the full year, analysts expect LRCX to report EPS of $4.50, up 8.7% from $4.14 in fiscal 2025. Its EPS is expected to rise 10.9% year-over-year to $4.99 in fiscal 2027.www.barchart.comLRCX stock has notably outperformed the S&P 500 Index’s ($SPX) 17.8% gains over the past 52 weeks, with shares up 79.8% during this period. Similarly, it considerably outperformed the Technology Select Sector SPDR Fund’s (XLK) 27.8% gains over the same time frame.www.barchart.comLam Research reported impressive Q4 results on Jul. 30, with $5.2 billion in revenue and $1.33 in adjusted EPS, both beating expectations. The company's top line surged 33.6% year-over-year, driven by robust demand for its deposition and etch technologies, which resulted in strong gross margins and a record EPS. Despite the stellar performance, Lam Research's shares fell 4.3% in the next trading session, likely due to investor concerns over the company's substantial exposure to China, which poses regulatory and market risks.Analysts’ consensus opinion on LRCX stock is reasonably bullish, with a “Moderate Buy” rating overall. Out of 32 analysts covering the stock, 20 advise a “Strong Buy” rating, two suggest a “Moderate Buy,” and 10 give a “Hold.” While LRCX currently trades above its mean price target of $121.27, the Street-high price target of $160 suggests an upside potential of 9.7%. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. 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