Lam Research (NASDAQ:LRCX) Given New $255.00 Price Target at Barclays

Lam Research (NASDAQ:LRCX) had its price objective upped by Barclays from $250.00 to $255.00 in a report published on Tuesday,Benzinga reports. They currently have an equal weight rating on the semiconductor company’s stock.

LRCX has been the topic of a number of other research reports. The Goldman Sachs Group set a $262.00 price target on Lam Research and gave the stock a “buy” rating in a research report on Thursday, January 29th. Argus upped their target price on Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. Morgan Stanley increased their target price on Lam Research from $244.00 to $254.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 25th. Oppenheimer restated an “outperform” rating and issued a $265.00 price target on shares of Lam Research in a research report on Thursday, January 29th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $200.00 price target (up from $175.00) on shares of Lam Research in a research note on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $245.35.

Lam Research Stock Up 1.9%

LRCX opened at $215.23 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. The company has a market capitalization of $268.77 billion, a P/E ratio of 44.10, a P/E/G ratio of 2.27 and a beta of 1.77. Lam Research has a fifty-two week low of $56.32 and a fifty-two week high of $256.68. The stock has a fifty day moving average of $222.49 and a 200-day moving average of $171.33.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The firm had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same quarter in the prior year, the business posted $0.91 EPS. The business’s revenue was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, equities analysts expect that Lam Research will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.5%. Lam Research’s payout ratio is 21.31%.

Insider Buying and Selling

In other Lam Research news, insider Ava Harter sold 1,500 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total transaction of $333,990.00. Following the completion of the transaction, the insider owned 53,205 shares of the company’s stock, valued at approximately $11,846,625.30. The trade was a 2.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Douglas R. Bettinger sold 50,057 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the transaction, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. This trade represents a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 130,886 shares of company stock worth $29,658,802 in the last ninety days. 0.31% of the stock is owned by insiders.

Hedge Funds Weigh In On Lam Research

A number of institutional investors have recently added to or reduced their stakes in LRCX. Vanguard Group Inc. boosted its holdings in shares of Lam Research by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after acquiring an additional 364,949 shares in the last quarter. State Street Corp grew its holdings in shares of Lam Research by 0.4% during the third quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock worth $8,024,684,000 after purchasing an additional 265,805 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Lam Research by 14.4% in the second quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock valued at $3,954,188,000 after buying an additional 5,102,589 shares during the period. Geode Capital Management LLC increased its stake in shares of Lam Research by 3.5% in the second quarter. Geode Capital Management LLC now owns 33,802,736 shares of the semiconductor company’s stock valued at $3,280,484,000 after buying an additional 1,135,405 shares during the period. Finally, Invesco Ltd. raised its holdings in Lam Research by 7.7% in the 4th quarter. Invesco Ltd. now owns 22,821,354 shares of the semiconductor company’s stock valued at $3,906,559,000 after buying an additional 1,638,406 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Key Lam Research News

Here are the key news stories impacting Lam Research this week:

• Positive Sentiment: IBM partnership announced to advance sub‑1nm logic scaling, covering novel materials, advanced processes and High‑NA EUV techniques — a strategic win that reinforces Lam’s role in next‑generation node toolsets and long‑term TAM expansion. IBM and Lam Research Announce Collaboration
• Positive Sentiment: Barclays raised its firm price target on LRCX to $255 (equal weight) and the bank also boosted chip‑gear spending estimates — both moves support a stronger revenue outlook for wafer‑fab equipment suppliers and lift investor sentiment for Lam. Barclays Price Target Raise
• Positive Sentiment: Inclusion in the S&P 100 (effective March 23) and a sector rebound into semiconductor‑equipment names are drawing flows into LRCX, supporting near‑term demand from passive and active investors. QuiverQuant Coverage
• Positive Sentiment: Short interest fell ~20.7% in February to ~26.1M shares (about 2.1% of float) and days‑to‑cover is ~3.0 — reduced short exposure can remove a source of selling pressure and amplify rally momentum when demand improves. (data summary)
• Neutral Sentiment: Industry note: analysts and outlets are reassessing valuation after a very strong 1‑year run and recent pullback; Lam’s outperformance raises questions about near‑term multiples even as fundamentals remain strong. Valuation Assessment
• Negative Sentiment: Significant insider selling has been reported in recent months (multiple executives selling shares) and some large institutional rebalancing occurred (e.g., UBS trimmed a very large position in Q4 2025) — these can be interpreted as supply signals or portfolio adjustments that cap upside if sustained. Insider & Institutional Activity

Lam Research Company Profile

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.

Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.