Rambus/$RMBS

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About Rambus

Rambus Inc is a semiconductor company providing chips and silicon IP for data-intensive computing systems, focusing on data center and artificial intelligence (AI) infrastructure. The company is at the forefront of enabling the next era of AI-driven computing, addressing challenges of signal and power integrity at increasingly extreme data rates across the data center, edge, and client markets. It offers high-performance memory subsystems, with a balanced and diverse portfolio of products, IP, and patents that maximize performance and security in computationally intensive systems. The company operates in South Korea, Singapore, the United States, and other countries, with the majority of its revenue coming from South Korea.
Ticker
$RMBS
Sector
Semiconductors
Primary listing
NASDAQ
Employees
791

Rambus Metrics

BasicAdvanced
$11B
46.84
$2.18
1.84
-

What the Analysts think about Rambus

Analyst ratings (Buy, Hold, Sell) for Rambus stock.
Analyst projections of the future price of Rambus stock.

Bulls say / Bears say

Rambus is converting AI infrastructure demand into reported growth. Q2 revenue reached a record $207.4 million, up 20% year on year, product revenue rose 22%, and Q3 revenue guidance implies further sequential growth. (Rambus)
Its product roadmap is expanding with the AI memory market. The new DDR5 9600 server chipset raises bandwidth for next-generation data-centre platforms, while the wider portfolio also includes client DDR5 9600 and PCIe 7 solutions. (Rambus, Rambus)
A Tier 1 US hyperscaler has selected Rambus’s next-generation HBM controller IP for future AI chips. The licence-based model can generate revenue before those chips ship, giving Rambus an earlier and potentially broader way to benefit from hyperscaler-designed systems. (Yahoo Finance)
A DRAM supply squeeze could cap Rambus’s unit volumes even while demand stays strong. Baird downgraded the shares because Rambus is volume-driven and lacks the pricing power that DRAM manufacturers can use to offset shortages, with the constraint expected to persist into 2027. (Proactive Investors)
The royalty stream is showing signs of becoming less predictable. Q2 royalties were $84.2 million, but management guided to only $69 million to $75 million for Q3, which would leave results more dependent on product volumes. (Rambus)
Higher product sales may not translate into equal earnings growth because chips carry lower margins than licensing. Recent analysis points to blended margin pressure, while management has also warned that tight supply chains and platform timing could make inventory and ramp execution harder to manage. (Seeking Alpha, Yahoo Finance)
Data summarised monthly by Lightyear AI. Last updated on 21 Sept 2026.

Rambus Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Rambus Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
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