Lam Research (NASDAQ:LRCX) Shares Up 1.9% After Analyst Upgrade

Lam Research Corporation (NASDAQ:LRCX) shot up 1.9% during trading on Tuesday after Barclays raised their price target on the stock from $250.00 to $255.00. Barclays currently has an equal weight rating on the stock. Lam Research traded as high as $220.82 and last traded at $215.23. 10,324,263 shares traded hands during mid-day trading, a decline of 16% from the average session volume of 12,313,054 shares. The stock had previously closed at $211.15.

Other analysts also recently issued research reports about the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $290.00 price target (up from $260.00) on shares of Lam Research in a report on Thursday, January 29th. JPMorgan Chase & Co. boosted their price objective on shares of Lam Research from $165.00 to $300.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Rothschild & Co Redburn raised their target price on shares of Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Lam Research from $260.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Finally, Oppenheimer reissued an “outperform” rating and set a $265.00 price target on shares of Lam Research in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and a consensus target price of $245.35.

Insider Buying and Selling

In related news, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction on 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 transaction, the chief financial officer directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ava Harter sold 4,000 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $232.50, for a total value of $930,000.00. Following the sale, the insider directly owned 54,705 shares of the company’s stock, valued at $12,718,912.50. This represents a 6.81% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 130,886 shares of company stock valued at $29,658,802. 0.31% of the stock is owned by company insiders.

Lam Research News Roundup

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

Hedge Funds Weigh In On Lam Research

Large investors have recently added to or reduced their stakes in the company. Triumph Capital Management raised its position in shares of Lam Research by 22.5% during the 4th quarter. Triumph Capital Management now owns 245 shares of the semiconductor company’s stock valued at $42,000 after purchasing an additional 45 shares during the period. Traphagen Investment Advisors LLC boosted its holdings in Lam Research by 2.4% in the 4th quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock worth $336,000 after buying an additional 46 shares during the period. Bank of Jackson Hole Trust increased its stake in Lam Research by 12.6% in the 4th quarter. Bank of Jackson Hole Trust now owns 428 shares of the semiconductor company’s stock worth $73,000 after buying an additional 48 shares in the last quarter. Field & Main Bank increased its stake in Lam Research by 1.1% in the 4th quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company’s stock worth $790,000 after buying an additional 50 shares in the last quarter. Finally, Capital Advisors Ltd. LLC raised its holdings in Lam Research by 1.1% during the fourth quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company’s stock valued at $795,000 after acquiring an additional 51 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Stock Up 1.9%

The firm has a market capitalization of $268.77 billion, a PE ratio of 44.10, a P/E/G ratio of 2.27 and a beta of 1.77. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61. The company has a 50-day moving average price of $222.49 and a 200 day moving average price of $171.33.

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

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is presently 21.31%.

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.