Lam Research (LRCX) Stock: What to Know Before the Bell on November 17, 2025 — Earnings, Guidance, China Risk, and AI/HBM Tailwinds
Published: November 16, 2025 (ahead of the U.S. market open on Monday, November 17, 2025). Quick take: Lam Research (NASDAQ: LRCX) heads into the week with solid recent results, constructive near‑term guidance, a dividend that was lifted this fall, and fresh analyst support—tempered by evolving U.S.–China export rules that can sway equipment demand and shipping timelines. As of the latest trade late Friday (Nov. 15, 01:15 UTC), LRCX last changed hands at $148.26, implying a market cap of about $162.4B and a trailing P/E near 28. 1) The quarter that’s setting the tone Lam’s most recent report (fiscal Q1 FY2026,