Rambus (RMBS) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rambus in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RMBS shares.
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6 brokers have issued 12 month price objectives for Rambus' stock. Their RMBS share price forecasts range from $36.00 to $65.00. On average, they anticipate the company's share price to reach $55.17 in the next twelve months. This suggests that the stock has a possible downside of 12.7%.
View analysts price targets for RMBS or view top-rated stocks among Wall Street analysts.

Rambus' stock was trading at $35.82 at the beginning of the year. Since then, RMBS stock has increased by 76.5% and is now trading at $63.22.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our RMBS earnings forecast.

Rambus Inc. (NASDAQ:RMBS) announced its quarterly earnings data on Monday, May, 1st. The semiconductor company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.42 by $0.39. The semiconductor company earned $113.76 million during the quarter, compared to analysts' expectations of $145.99 million. Rambus had a trailing twelve-month return on equity of 21.75% and a net margin of 11.76%. Rambus's revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.34 EPS.

ETFs with the largest weight of Rambus (NASDAQ:RMBS) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT), Global X Internet of Things Thematic ETF (SNSR), SPDR S&P Semiconductor ETF (XSD), Columbia Seligman Semiconductor and Technology ETF (SEMI), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco Dynamic Software ETF (PSJ), Alpha Architect U.S. Quantitative Momentum ETF (QMOM) and Innovator IBD 50 ETF (FFTY).

Rambus updated its second quarter 2023 earnings guidance on Monday, May, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $129.00 million-$147.00 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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (16.56%), State Street Corp (4.19%), Ameriprise Financial Inc. (3.90%), JPMorgan Chase & Co. (3.45%), Neuberger Berman Group LLC (3.28%) and Dimensional Fund Advisors LP (2.58%). Insiders that own company stock include Charles Kissner, Eric B Stang, Jae Kim, John Shinn, Keith A Jones, Luc Seraphin, Necip Sayiner and Xianzhi Sean Fan.
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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 $63.22.

Rambus (NASDAQ:RMBS) has a market capitalization of $6.88 billion and generates $454.79 million in revenue each year. The semiconductor company earns $-14,310,000.00 in net income (profit) each year or $0.49 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.