Analyst Aaron Rakers of Wells Fargo maintained a Buy rating on Rambus, retaining the price target of $73.00.
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Aaron Rakers has given his Buy rating due to a combination of factors that highlight Rambus as a promising mid-cap growth story in the data center memory sector. The company’s anticipated gains in DDR5 market share and its expanding chipset opportunities, particularly with MRDIMM and Client Clock Driver (CKD), are central to this positive outlook. Rakers notes that Rambus is on a path to achieving an EPS of over $4 per share, driven by these growth opportunities.
Additionally, the expansion of Rambus’s companion chip offerings, including PMICs, is expected to significantly contribute to revenue growth in the coming quarters. The company’s guidance for the third quarter of 2025 reflects strong revenue and earnings expectations, with a notable increase in product revenue. These factors, combined with a reaffirmed revenue CAGR of over 20%, underpin Rakers’s confidence in Rambus’s future performance and justify the Buy rating.
In another report released on July 21, Loop Capital Markets also reiterated a Buy rating on the stock with a $80.00 price target.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RMBS in relation to earlier this year.