This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Technology Companies: Lam Research (LRCX) and Quantum Computing (QUBT)

Tipranks - Tipranks - Wed Jun 3, 9:00AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Lam Research (LRCX) and Quantum Computing (QUBT) with bullish sentiments.

Claim 55% Off TipRanks

Lam Research (LRCX)

TD Cowen analyst Krish Sankar maintained a Buy rating on Lam Research today. The company’s shares closed last Tuesday at $328.36.

According to TipRanks.com, Sankar is a top 25 analyst with an average return of 60.7% and a 71.3% success rate. Sankar covers the Technology sector, focusing on stocks such as ARM Holdings PLC ADR, Ultra Clean Holdings, and Silvaco Group, Inc. ;'>

Lam Research has an analyst consensus of Strong Buy, with a price target consensus of $321.88, a -0.8% downside from current levels. In a report issued on May 18, Morgan Stanley also upgraded the stock to Buy with a $331.00 price target.

See today’s best-performing stocks on TipRanks >>

Quantum Computing (QUBT)

In a report released today, Max Michaelis from Lake Street maintained a Buy rating on Quantum Computing, with a price target of $16.00. The company’s shares closed last Tuesday at $12.34.

According to TipRanks.com, Michaelis is a 5-star analyst with an average return of 75.5% and a 79.2% success rate. Michaelis covers the Technology sector, focusing on stocks such as Benchmark Electronics, Aehr Test Systems, and Palladyne AI Corp. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Quantum Computing with a $17.83 average price target.

Read More on LRCX:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).