Rambus - RMBS Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rambus in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RMBS shares.
View RMBS analyst ratings or view top-rated stocks.

4 equities research analysts have issued 1 year price targets for Rambus' shares. Their RMBS share price forecasts range from $28.00 to $35.00. On average, they predict the company's share price to reach $32.20 in the next year. This suggests a possible upside of 24.5% from the stock's current price.
View analysts price targets for RMBS or view top-rated stocks among Wall Street analysts.

Rambus' stock was trading at $29.39 on January 1st, 2022. Since then, RMBS stock has decreased by 12.0% and is now trading at $25.87.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our RMBS earnings forecast.

Rambus Inc. (NASDAQ:RMBS) announced its quarterly earnings data on Monday, August, 1st. The semiconductor company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.05. The semiconductor company earned $121.13 million during the quarter, compared to analyst estimates of $137.20 million. Rambus had a positive trailing twelve-month return on equity of 18.24% and a negative net margin of 5.45%. The company's revenue for the quarter was up 42.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.29 EPS.

Rambus declared that its board has approved a share repurchase program on Monday, November 2nd 2020, which authorizes the company to buyback 20,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board of directors believes its shares are undervalued.

Rambus updated its third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $132.00 million-$150.00 million, compared to the consensus revenue estimate of $137.68 million.

15 employees have rated Rambus Chief Executive Officer Luc Seraphin on Glassdoor.com. Luc Seraphin has an approval rating of 89% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Rambus investors own include QUALCOMM (QCOM), Advanced Micro Devices (AMD), Micron Technology (MU), Intel (INTC), 3D Systems (DDD), NVIDIA (NVDA), Qorvo (QRVO), Cisco Systems (CSCO), DocuSign (DOCU) and STMicroelectronics (STM).

Rambus trades on the NASDAQ under the ticker symbol "RMBS."

Rambus' stock is owned by many different institutional and retail investors. Top institutional investors include State Street Corp (4.25%), Loomis Sayles & Co. L P (2.58%), Northern Trust Corp (1.43%), Russell Investments Group Ltd. (1.28%), Vaughan Nelson Investment Management L.P. (1.26%) and Principal Financial Group Inc. (0.69%). Insiders that own company stock include Charles Kissner, Ellis Thomas Fisher, Eric B Stang, Jae Kim, John Shinn, Keith A Jones and Luc Seraphin.
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Shares of RMBS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RMBS stock can currently be purchased for approximately $25.87.

Rambus (NASDAQ:RMBS) has a market capitalization of $2.86 billion and generates $328.30 million in revenue each year. The semiconductor company earns $18.33 million in net income (profit) each year or ($0.21) on an earnings per share basis.

The company employs 690 workers across the globe.

Rambus' mailing address is 1050 ENTERPRISE WAY SUITE 700, SUNNYVALE CA, 94089. The official website for the company is www.rambus.com. The semiconductor company can be reached via phone at (408) 462-8000, via email at rambus@nmnadvisors.com, or via fax at 408-462-8001.