Rambus (NASDAQ:RMBS) Releases Earnings Results

Key Points

• Rambus reported earnings of $0.53 EPS for the quarter, missing analysts' estimates of $0.61 EPS by $0.08, although revenue grew by 30.4% year-over-year.
• Insider transactions revealed that Director Steven Laub sold 3,653 shares at an average price of $55.56, reducing his ownership by 25.09%.
• Research analysts maintain a strong outlook for Rambus, with a consensus rating of “Buy” and an average price target of $75.00.

Rambus (NASDAQ:RMBS - Get Free Report) issued its earnings results on Monday. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.08), Briefing.com reports. The firm had revenue of $170.00 million during the quarter, compared to analysts' expectations of $166.97 million. Rambus had a return on equity of 18.38% and a net margin of 35.49%. The firm's quarterly revenue was up 30.4% on a year-over-year basis. During the same period last year, the firm posted $0.33 earnings per share. Rambus updated its Q3 2025 guidance to EPS.

Rambus Trading Down 1.9%

RMBS stock traded down $1.38 during midday trading on Friday, reaching $72.55. 697,838 shares of the company's stock traded hands, compared to its average volume of 1,045,765. Rambus has a 52-week low of $37.42 and a 52-week high of $76.07. The stock has a market cap of $7.79 billion, a P/E ratio of 34.13 and a beta of 1.24. The stock's 50-day moving average is $62.20 and its 200 day moving average is $57.68.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on RMBS. Wall Street Zen raised shares of Rambus from a "buy" rating to a "strong-buy" rating in a report on Friday, July 18th. Rosenblatt Securities boosted their price objective on shares of Rambus from $80.00 to $90.00 and gave the company a "buy" rating in a report on Tuesday. Susquehanna boosted their price objective on shares of Rambus from $70.00 to $75.00 and gave the company a "positive" rating in a report on Tuesday. Finally, Jefferies Financial Group boosted their price objective on shares of Rambus from $69.00 to $75.00 and gave the company a "buy" rating in a report on Tuesday. Seven research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $77.71.

Insider Buying and Selling

In other Rambus news, Director Steven Laub sold 1,847 shares of the company's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $55.12, for a total transaction of $101,806.64. Following the completion of the sale, the director directly owned 9,057 shares of the company's stock, valued at approximately $499,221.84. This represents a 16.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.00% of the company's stock.

Institutional Trading of Rambus

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Rambus by 6.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 309,512 shares of the semiconductor company's stock valued at $16,025,000 after buying an additional 19,120 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Rambus by 34.1% in the first quarter. Empowered Funds LLC now owns 22,750 shares of the semiconductor company's stock worth $1,178,000 after purchasing an additional 5,783 shares during the period. NewEdge Advisors LLC boosted its position in shares of Rambus by 22,321.4% in the first quarter. NewEdge Advisors LLC now owns 9,417 shares of the semiconductor company's stock worth $488,000 after purchasing an additional 9,375 shares during the period. Finally, Acadian Asset Management LLC bought a new position in shares of Rambus in the first quarter worth approximately $218,000. 88.54% of the stock is owned by hedge funds and other institutional investors.

About Rambus

Rambus Inc provides semiconductor products in the United States, South Korea, Singapore, and internationally. The company offers DDR memory interface chips, including DDR5 and DDR4 memory interface chips to module manufacturers, OEMs, and hyperscalers; silicon IP, such as interface and security IP solutions that move and protect data in advanced data center, government, and automotive applications; and interface IP solutions for high-speed memory and chip-to-chip digital controller IP.