Rambus Stock Forecast, Price & News

Rambus' stock was trading at $11.47 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RMBS shares have increased by 75.5% and is now trading at $20.13.
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4 Wall Street 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 analysts is that investors should "buy" Rambus stock.
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Rambus is scheduled to release its next quarterly earnings announcement on Monday, January 25th 2021.
View our earnings forecast for Rambus.

Rambus Inc. (NASDAQ:RMBS) issued its quarterly earnings data on Monday, November, 2nd. The semiconductor company reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by $0.38. The semiconductor company had revenue of $56.90 million for the quarter, compared to analyst estimates of $103 million. Rambus had a negative return on equity of 2.97% and a negative net margin of 18.91%. The company's quarterly revenue was down .9% compared to the same quarter last year. During the same period last year, the firm posted $0.23 earnings per share.
View Rambus' earnings history.

Rambus announced that its board has authorized a stock 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 often an indication that the company's leadership believes its shares are undervalued.

Rambus updated its fourth quarter 2020 After-Hours earnings guidance on Monday, November, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $88-106 million, compared to the consensus revenue estimate of $97.37 million.

4 brokerages have issued 1-year price targets for Rambus' shares. Their forecasts range from $17.00 to $21.00. On average, they expect Rambus' share price to reach $18.33 in the next year. This suggests that the stock has a possible downside of 9.0%.
View analysts' price targets for Rambus or view Wall Street analyst' top-rated stocks.

Some companies that are related to Rambus include NVIDIA (NVDA), Intel (INTC), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Xilinx (XLNX), Maxim Integrated Products (MXIM), Skyworks Solutions (SWKS), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR) and Silicon Laboratories (SLAB).
View all of RMBS's competitors.

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 number of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.08%) and First Citizens Bank & Trust Co. (0.01%). Company insiders that own Rambus stock include Charles Kissner, David A Shrigley, Ellis Thomas Fisher, Eric B Stang, Jae Kim and Luc Seraphin.
View institutional ownership trends for Rambus.

RMBS stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and First Citizens Bank & Trust Co.. Company insiders that have sold Rambus company stock in the last year include Charles Kissner, Ellis Thomas Fisher, Eric B Stang, Jae Kim, and Luc Seraphin.
View insider buying and selling activity for Rambus or view top insider-selling stocks.

Shares of RMBS 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.

One share of RMBS stock can currently be purchased for approximately $20.13.

Rambus has a market capitalization of $2.29 billion and generates $224.03 million in revenue each year. The semiconductor company earns $-90,420,000.00 in net income (profit) each year or ($0.30) on an earnings per share basis. Rambus employs 685 workers across the globe.

The official website for Rambus is www.rambus.com.

Rambus' mailing address is 1050 ENTERPRISE WAY SUITE 700, SUNNYVALE CA, 94089. The semiconductor company can be reached via phone at 408-462-8000 or via email at [email protected]