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 equities research analysts have issued twelve-month target prices for Rambus' stock. Their RMBS share price forecasts range from $36.00 to $65.00. On average, they anticipate the company's stock price to reach $55.17 in the next twelve months. This suggests that the stock has a possible downside of 13.6%.
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 2023. Since then, RMBS shares have increased by 78.3% and is now trading at $63.86.
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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 had revenue of $113.76 million for the quarter, compared to the consensus estimate of $145.99 million. Rambus had a net margin of 11.76% and a trailing twelve-month return on equity of 21.75%. Rambus's quarterly revenue was up 14.9% on a year-over-year basis. During the same quarter 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 issued an update on its second quarter 2023 earnings guidance on Monday, May, 1st. The company provided earnings per share (EPS) 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 shareholders 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 $63.86.

Rambus (NASDAQ:RMBS) has a market capitalization of $6.95 billion and generates $469.51 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.