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Rambus Inc (RMBS)
NASDAQ:RMBS
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RMBS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$37.43 - $76.38
Previous Close$39.78
Volume2.14M
Average Volume (3M)1.70M
Market Cap
$4.28B
Enterprise Value$3.88B
Total Cash (Recent Filing)$432.88M
Total Debt (Recent Filing)$30.81M
Price to Earnings (P/E)19.0
Beta1.65
Next Earnings
Oct 28, 2024EPS Estimate
$0.52Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.09
Shares Outstanding107,680,174
10 Day Avg. Volume2,081,827
30 Day Avg. Volume1,704,925
Standard Deviation0.13
R-Squared0.24
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)4.16
Price to Sales (P/S)9.22
Price to Cash Flow (P/CF)15.60
P/FCF Ratio18.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.13
Enterprise Value/Gross Profit10.85
Enterprise Value/Ebitda19.58
Forecast
1Y Price Target
$75.50Price Target Upside95.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Rambus News
PremiumPre-Earnings
Rambus (RMBS) Q2 Earnings Cheat Sheet
Bulls Say, Bears Say
Bulls Say
Market Share GainsRMBS is poised to benefit from DDR DIMM chipset market share gains and content uplift associated with the DDR5 server cycle.
Revenue GrowthRMBS' silicon IP business continued to perform well and expects revenue growth driven by all components of the portfolio.
Revenue RecoveryNormalized inventories at most data center customers provide visibility into a DDRx RCD revenue recovery for RMBS.
Bears Say
EarningsIf 2Q product revenue disappoints, shares are expected to sell-off.
Financial PerformanceRMBS shares are down 20% YTD with the underperformance related to what was a weaker-than-expected 1Q24 product revenue guide.
Market ForecastGartner trimmed its 2024-2028 general server unit forecast by approximately 3%.
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Ownership Overview
11.58% Insiders
37.75% Mutual Funds
40.64% Other Institutional Investors
10.03% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RMBS FAQ
What was Rambus Inc’s price range in the past 12 months?
Rambus Inc lowest stock price was $37.42 and its highest was $76.38 in the past 12 months.
What is Rambus Inc’s market cap?
Currently, no data Available
When is Rambus Inc’s upcoming earnings report date?
Rambus Inc’s upcoming earnings report date is Oct 28, 2024 which is in 40 days.
How were Rambus Inc’s earnings last quarter?
Rambus Inc released its earnings results on Jul 29, 2024. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.445 by $0.015.
Is Rambus Inc overvalued?
According to Wall Street analysts Rambus Inc’s price is currently Undervalued.
Does Rambus Inc pay dividends?
Rambus Inc does not currently pay dividends.
What is Rambus Inc’s EPS estimate?
Rambus Inc’s EPS estimate is $0.52.
How many shares outstanding does Rambus Inc have?
Rambus Inc has 107,680,176 shares outstanding.
What happened to Rambus Inc’s price movement after its last earnings report?
Rambus Inc reported an EPS of $0.46 in its last earnings report, beating expectations of $0.445. Following the earnings report the stock price went down -12.986%.
Which hedge fund is a major shareholder of Rambus Inc?
Among the largest hedge funds holding Rambus Inc’s share is Royce & Associates LLC. It holds Rambus Inc’s shares valued at 12M.
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Rambus Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$75.50 (95.34% Upside)
$75.50 (95.34% Upside)
Blogger Sentiment
Bullish
RMBS Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 7.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 2.3%
Last 30 Days ▲ 2.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-28.38%
12-Months-Change
Fundamentals
Return on Equity
23.37%
Trailing 12-Months
Asset Growth
10.96%
Trailing 12-Months
Company Description
Rambus Inc
Rambus, Inc. engages in the provision of cutting-edge semiconductor and Internet Protocol products, spanning memory and interfaces to security, smart sensors and lighting. It operates through the following segments: Memory and Interfaces Division (MID), Cryptography Research (CRD), Emerging Solutions Division (ESD), and Lighting and Display Technologies (LDT). The MID segment focuses on mobile memory, server-based memory, serial link designs and custom solutions. The CRD segment comprises of chip and system security, anti-counterfeiting, smart ticketing and mobile payments. The ESD segment includes computational sensing and imaging group in the area of emerging technologies. The LDT segment covers the design, development, and licensing of technologies for lighting. The company was founded by P. Michael Farmwald and Mark A. Horowitz in March 1990 and is headquartered in Sunnyvale, CA.
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RMBS Company Deck
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RMBS Earnings Call
Q2 2024
0:00 / 0:00
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RMBS Stock 12 Month Forecast
Average Price Target
$75.50
▲(95.34% Upside)
Technical Analysis
Best Analysts Covering RMBS
1 Year
1 Year Success Rate
11/14 ratings generated profit
1 Year Average Return
+37.04%
reiterated a buy rating 8 days ago
Copying Kevin Cassidy's trades and holding each position for 1 Year would result in 78.57% of your transactions generating a profit, with an average return of +37.04% per trade.
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