Rambus (RMBS) Stock Price, News & Analysis

Company Overview

Rambus Inc. provides semiconductor products in the United States, South Korea, Singapore, and internationally. The company offers DDR memory interface chips, including DDR5 and DDR4 memory interface chips to module manufacturers, OEMs, and hyperscalers; silicon IP, such as interface and security IP solutions that move and protect data in advanced data center, government, and automotive applications; and interface IP solutions for high-speed memory and chip-to-chip digital controller IP. It also provides a portfolios of security IP solutions, including crypto cores, hardware roots of trust, high-speed protocol engines, and chip provisioning technologies; and portfolio of patents that covers memory architecture, high-speed serial links, and security products. It markets its products and services through its direct sales force and distributors. Rambus Inc. was incorporated in 1990 and is headquartered in San Jose, California.

Key Stats

• Today's Range: $54.25 to $56.12
• 50-Day Range: $38.29 to $57.70
• 52-Week Range: $37.42 to $76.38
• Volume: 800,856 shs
• Average Volume: 1.25 million shs
• Market Capitalization: $5.96 billion
• P/E Ratio: 34.76
• Dividend Yield: N/A
• Price Target: $71.60
• Consensus Rating: Buy

Rambus Stock Analysis - MarketRank™

Rambus scored higher than 84% of companies evaluated by MarketBeat, and ranked 148th out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Rambus has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Rambus has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 41.26%

Earnings Growth

Earnings for Rambus are expected to grow by 41.26% in the coming year, from $1.43 to $2.02 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Rambus is 34.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Rambus is 34.76, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 246.54.

Price to Book Value per Share Ratio

Rambus has a P/B Ratio of 5.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.62% of the float of Rambus has been sold short.

Short Interest Ratio / Days to Cover

Rambus has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Rambus has recently increased by 4.14%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Rambus does not currently pay a dividend.

Dividend Growth

Rambus does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.62% of the float of Rambus has been sold short.

Short Interest Ratio / Days to Cover

Rambus has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Rambus has recently increased by 4.14%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.90

News Sentiment

Rambus has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Rambus this week, compared to 6 articles on an average week.

Search Interest

19 people have searched for RMBS on MarketBeat in the last 30 days. This is an increase of 111% compared to the previous 30 days.

MarketBeat Follows

11 people have added Rambus to their MarketBeat watchlist in the last 30 days. This is an increase of 38% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Rambus insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Rambus is held by insiders.

Percentage Held by Institutions

88.54% of the stock of Rambus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RMBS Stock Analysis - Frequently Asked Questions

How have RMBS shares performed this year?

Rambus' stock was trading at $68.25 at the start of the year. Since then, RMBS stock has decreased by 18.0% and is now trading at $55.96.
View the best growth stocks for 2024 here.

How were Rambus' earnings last quarter?

Rambus Inc. (NASDAQ:RMBS) announced its quarterly earnings results on Monday, July, 29th. The semiconductor company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.45 by $0.12. The company's revenue was up 10.3% compared to the same quarter last year.

Who are Rambus' major shareholders?

Rambus' top institutional investors include State Street Corp (4.52%), Geode Capital Management LLC (2.46%), Swedbank AB (1.62%) and Swedbank AB (1.64%). Insiders that own company stock include Luc Seraphin, Xianzhi Sean Fan, Emiko Higashi, Desmond Lynch, Eric B Stang, Necip Sayiner, Charles Kissner, Charles Kissner, John Shinn and Steven Laub.
View institutional ownership trends.

How do I buy shares of Rambus?

Shares of RMBS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Rambus own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rambus investors own include Enovix (ENVX), Saia (SAIA), COMPASS Pathways (CMPS), Globant (GLOB), Toast (TOST), Ginkgo Bioworks (DNA) and Luminar Technologies (LAZR).

Company Calendar

• Last Earnings: 7/29/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/03/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:RMBS
• CUSIP: 75091710
• CIK: 917273
• Web: www.rambus.com
• Phone: (408) 462-8000
• Fax: 408-462-8001
• Employees: 760
• Year Founded: 1990

Price Target and Rating

• Average Stock Price Target: $71.60
• High Stock Price Target: $85.00
• Low Stock Price Target: $62.00
• Potential Upside/Downside: +27.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.61
• Trailing P/E Ratio: 34.76
• Forward P/E Ratio: 39.13
• P/E Growth: N/A
• Net Income: $333.90 million
• Net Margins: 34.03%
• Pretax Margin: 38.75%
• Return on Equity: 16.80%
• Return on Assets: 13.85%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 8.26
• Quick Ratio: 7.60

Sales & Book Value

• Annual Sales: $461.12 million
• Price / Sales: 12.93
• Cash Flow: $2.11 per share
• Price / Cash Flow: 26.49
• Book Value: $9.75 per share
• Price / Book: 5.74

Miscellaneous

• Outstanding Shares: 106,570,000
• Free Float: 105,509,000
• Market Cap: $5.96 billion
• Optionable: Optionable
• Beta: 1.17