Rambus, Inc. (NASDAQ:RMBS) Receives $103.38 Average PT from Analysts

Shares of Rambus, Inc. (NASDAQ:RMBS) have been given a consensus rating of “Buy” by the ten research firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating, five have issued a buy rating and three have given a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $108.1429.

Several brokerages have weighed in on RMBS. Wells Fargo & Company increased their target price on shares of Rambus from $73.00 to $115.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 28th. Robert W. Baird raised their price objective on shares of Rambus from $90.00 to $120.00 and gave the company an “outperform” rating in a report on Monday, September 15th. Arete raised Rambus from a “neutral” rating to a “buy” rating and set a $91.00 price target for the company in a report on Thursday, August 28th. Jefferies Financial Group raised Rambus to a “strong-buy” rating in a report on Tuesday, October 28th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Rambus in a report on Thursday.

Rambus Stock Up 3.1%

Shares of Rambus stock opened at $95.25 on Monday. The firm has a market cap of $10.25 billion, a PE ratio of 45.14 and a beta of 1.47. Rambus has a twelve month low of $40.12 and a twelve month high of $114.55. The business has a 50-day moving average price of $99.33 and a 200 day moving average price of $76.46.

Rambus (NASDAQ:RMBS) last released its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.18). The company had revenue of $178.51 million for the quarter, compared to analyst estimates of $175.60 million. Rambus had a return on equity of 17.73% and a net margin of 33.72%.The firm’s revenue for the quarter was up 22.7% on a year-over-year basis. During the same quarter last year, the company earned $0.45 EPS. Rambus has set its Q4 2025 guidance at EPS. On average, sell-side analysts expect that Rambus will post 1.89 EPS for the current year.

Insiders Place Their Bets

In other Rambus news, Director Meera Rao sold 653 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $101.99, for a total transaction of $66,599.47. Following the completion of the transaction, the director directly owned 29,261 shares in the company, valued at approximately $2,984,329.39. This trade represents a 2.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Eric B. Stang sold 4,000 shares of Rambus stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $111.78, for a total value of $447,120.00. Following the transaction, the director owned 20,394 shares of the company’s stock, valued at $2,279,641.32. This represents a 16.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 29,227 shares of company stock worth $2,714,940 in the last ninety days. 1.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Rambus

Large investors have recently added to or reduced their stakes in the business. Creative Planning grew its holdings in shares of Rambus by 23.3% during the 3rd quarter. Creative Planning now owns 86,598 shares of the semiconductor company’s stock worth $9,024,000 after purchasing an additional 16,373 shares during the period. Lazard Asset Management LLC boosted its holdings in Rambus by 39.4% in the third quarter. Lazard Asset Management LLC now owns 298,928 shares of the semiconductor company’s stock valued at $31,148,000 after purchasing an additional 84,491 shares during the last quarter. Zacks Investment Management grew its position in shares of Rambus by 6.6% during the third quarter. Zacks Investment Management now owns 19,110 shares of the semiconductor company’s stock worth $1,991,000 after buying an additional 1,182 shares in the last quarter. Credit Agricole S A acquired a new position in Rambus during the 3rd quarter worth $1,575,000. Finally, Equitable Holdings Inc. acquired a new position in Rambus in the third quarter worth about $694,000. 88.54% of the stock is currently owned by hedge funds and other institutional investors.

About Rambus

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.