Rambus Inc. (RMBS)
NASDAQ: RMBS · Real-Time Price · USD
53.97
+1.02 (1.93%)
Nov 21, 2024, 11:00 AM EST - Market open

Rambus Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Rambus stock have an average target of 74, with a low estimate of 66 and a high estimate of 85. The average target predicts an increase of 37.11% from the current stock price of 53.97.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $66 $74 $75 $85
Change +22.29% +37.11% +38.97% +57.49%

Analyst Ratings

The average analyst rating for Rambus stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 333223
Buy 222221
Hold 000000
Sell 000000
Strong Sell 000000
Total 555444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Loop Capital
Loop Capital
Strong Buy
Initiates
$70
Strong Buy Initiates $70 +29.70% Nov 11, 2024
Wells Fargo
Wells Fargo
Buy
Initiates
$62
Buy Initiates $62 +14.88% Nov 6, 2024
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$85
Strong Buy Maintains $85 +57.49% Oct 29, 2024
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$85
Strong Buy Maintains $85 +57.49% Sep 10, 2024
Susquehanna
Susquehanna
Buy
Maintains
$75$66
Buy Maintains $75$66 +22.29% Jul 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
578.09M
from 461.12M
Increased by 25.37%
Revenue Next Year
696.81M
from 578.09M
Increased by 20.54%
EPS This Year
2.03
from 3.01
Decreased by -32.56%
EPS Next Year
2.50
from 2.03
Increased by 23.23%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
227.60M246.32M328.30M454.79M461.12M578.09M696.81M775.89M
Revenue Growth
-1.56%8.22%33.28%38.53%1.39%25.37%20.54%11.35%
EPS
-0.77-0.360.16-0.133.012.032.502.87
EPS Growth
------32.56%23.23%14.77%
Forward PE
-----26.5921.5818.80
No. Analysts -----664
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 606.6M 722.7M 804.7M
Avg 578.1M 696.8M 775.9M
Low 544.7M 662.7M 739.9M

Revenue Growth

Revenue Growth 2024202520262027
High
31.5%
25.0%
15.5%
Avg
25.4%
20.5%
11.3%
Low
18.1%
14.6%
6.2%

EPS Forecast

EPS 2024202520262027
High 2.10 2.61 2.98
Avg 2.03 2.50 2.87
Low 1.94 2.37 2.73

EPS Growth

EPS Growth 2024202520262027
High
-30.2%
28.7%
19.2%
Avg
-32.6%
23.2%
14.8%
Low
-35.5%
16.8%
9.3%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.