Rambus (RMBS)
NASDAQ:RMBS
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RMBS Stock Chart & Stats
$126.93
-$0.55(-0.97%)
At close: 4:00 PM EST
$126.93
-$0.55(-0.97%)
Day’s Range― - ―
52-Week Range$57.98 - $174.10
Previous CloseN/A
Volume80.62K
Average Volume (3M)2.84M
Market Cap
$15.71B
Enterprise Value$15.62B
Total Cash (Recent Filing)$786.14M
Total Debt (Recent Filing)$23.40M
Price to Earnings (P/E)68.2
Beta2.15
Next Earnings
Aug 03, 2026EPS Estimate
0.72Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.13
Shares Outstanding108,136,970
10 Day Avg. Volume2,461,919
30 Day Avg. Volume2,839,367
Financial Highlights & Ratios
PEG Ratio1.53
Price to Book (P/B)7.26
Price to Sales (P/S)13.99
P/FCF Ratio29.72
Enterprise Value/Market Cap0.99
Enterprise Value/Revenue21.66
Enterprise Value/Gross Profit28.12
Enterprise Value/Ebitda52.11
Forecast
1Y Price Target
$146.40Price Target Upside15.34% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)2.97
Revenue Forecast (FY)$819.01M
Bulls Say, Bears Say
Bulls Say
Cash Generation & Balance Sheet StrengthRambus generates substantial cash versus reported earnings, producing strong free cash flow and maintaining large cash balances. That durable cash conversion funds R&D, opportunistic M&A or buybacks, and buffers cyclicality, materially enhancing financial optionality over the next 2–6 months and beyond.
High And Sustainable MarginsVery high gross and net margins reflect a licensing-heavy model and scalable IP revenue streams. These structural margins support reinvestment in product/IP development and create a long-term profit moat versus more asset-heavy peers, underpinning durable earnings power if core licensing persists.
Broadening IP/product Pipeline And Design WinsNew controllers, chipsets and security engines expand addressable markets (AI, LPDDR server, networking) and, coupled with Tier‑1 design wins, increase the prospects for multi‑year royalties and product sales. These structural product additions deepen TAM and reinforce long-term revenue diversification.
Bears Say
Back-end Supply ConstraintsChronic OSAT/back‑end capacity limits can prevent Rambus from converting design wins into shipped products and royalties, creating multi‑quarter revenue headwinds. Prolonged supplier tightness risks slower adoption curves and forces conservative booking and forecasting for product-related revenue.
Dependency On Platform Ramp TimingMaterial volume for key memory module opportunities hinges on external OEM platform launches. This external dependency injects timing risk into revenue realization and weakens near‑term predictability, potentially delaying expected royalty and product growth despite strong technology positioning.
Historical Revenue Volatility And LumpinessRambus' IP/licensing model produces lumpy recognition tied to design cycles, settlements and royalty timing. Prior volatility, including a loss year, indicates earnings and growth can swing materially across cycles, complicating medium‑term forecasting and reducing assurance that recent strong margins persist unchanged.
Rambus News
RMBS FAQ
What was Rambus’s price range in the past 12 months?
Rambus lowest stock price was $57.98 and its highest was $174.10 in the past 12 months.
What is Rambus’s market cap?
Rambus’s market cap is $15.71B.
When is Rambus’s upcoming earnings report date?
Rambus’s upcoming earnings report date is Aug 03, 2026 which is in 56 days.
How were Rambus’s earnings last quarter?
Rambus released its earnings results on Apr 27, 2026. The company reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.641 by -$0.011.
Is Rambus overvalued?
According to Wall Street analysts Rambus’s price is currently Undervalued.
Does Rambus pay dividends?
Rambus does not currently pay dividends.
What is Rambus’s EPS estimate?
Rambus’s EPS estimate is 0.72.
How many shares outstanding does Rambus have?
Rambus has 108,136,970 shares outstanding.
What happened to Rambus’s price movement after its last earnings report?
Rambus reported an EPS of $0.63 in its last earnings report, missing expectations of $0.641. Following the earnings report the stock price went down -21.258%.
Which hedge fund is a major shareholder of Rambus?
Currently, no hedge funds are holding shares in RMBS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Rambus Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$146.40 (15.34% Upside)
$146.40 (15.34% Upside)
Blogger Sentiment
Bullish
RMBS Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 104.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $11.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
156.91%
12-Months-Change
Fundamentals
Return on Equity
17.44%
Trailing 12-Months
Asset Growth
11.15%
Trailing 12-Months
Company Description
Rambus
Rambus Inc. provides semiconductor products in the United States, Taiwan, South Korea, Japan, Europe, Canada, Singapore, China, and internationally. The company offers DDR memory interface chips, including DDR5, DDR4 and DDR3 memory interface chips to module manufacturers and OEMs; silicon IP comprising, interface and security IP solutions that move and protect data in advanced applications; and physical interface and digital controller IP to offer industry-leading, integrated memory and interconnect subsystems. It also provides a portfolio of patents that covers memory architecture, high-speed serial links, and security products. The company markets its products and services through its direct sales force and distributors. Rambus Inc. was incorporated in 1990 and is headquartered in San Jose, California.
RMBS Company Deck
RMBS Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
Overall the call was constructive: Rambus reported Q1 results in line with guidance, strong product revenue growth (+15% YoY), robust cash generation ($66.3M free cash flow) and meaningful IP/product portfolio expansion (HBM4E controller, SOCAMM2 chipset, security engine). Management provided confident Q2 guidance (revenue $192M–$198M, product +11% sequential at midpoint) and reiterated long-term opportunities in data center and AI. The primary negatives are persistent back-end supply constraints, timing uncertainties for MRDIMM and DDR Gen5 ramps (with bulk volumes expected in 2027), and limited near-term revenue contribution from new LPDDR SOCAMM2 solutions. Weighing strong financial performance, product/IP momentum and conservative but positive guidance against supply-chain and timing risks, the tone is more favorable than cautious.View all RMBS earnings summariesRMBS Stock 12 Month Forecast
Average Price Target
$146.40
▲(15.34% Upside)
Technical Analysis
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Ownership Overview
0.77% Insiders
32.25% Mutual Funds
20.01% Other Institutional Investors
18.80% Public Companies and Individual Investors