Rambus Inc. (RMBS)
NASDAQ: RMBS · Real-Time Price · USD
52.58
-1.04 (-1.94%)
Dec 20, 2024, 4:00 PM EST - Market closed
Rambus Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Rambus stock have an average target of 77.2, with a low estimate of 66 and a high estimate of 90. The average target predicts an increase of 46.82% from the current stock price of 52.58.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Rambus stock from 5 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Initiates $90 | Buy | Initiates | $90 | +71.17% | Nov 25, 2024 |
| Loop Capital | Loop Capital | Strong Buy Initiates $70 | Strong Buy | Initiates | $70 | +33.13% | Nov 11, 2024 |
| Wells Fargo | Wells Fargo | Buy Initiates $62 | Buy | Initiates | $62 | +17.92% | Nov 6, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $85 | Strong Buy | Maintains | $85 | +61.66% | Oct 29, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $85 | Strong Buy | Maintains | $85 | +61.66% | Sep 10, 2024 |
Financial Forecast
Revenue This Year
573.80M
from 461.12M
Increased by 24.44%
Revenue Next Year
698.61M
from 573.80M
Increased by 21.75%
EPS This Year
2.03
from 3.01
Decreased by -32.68%
EPS Next Year
2.50
from 2.03
Increased by 23.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 608.2M | 725.6M | 830.5M | |||
| Avg | 573.8M | 698.6M | 790.3M | |||
| Low | 536.6M | 662.7M | 739.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 31.9% | 26.4% | 18.9% | |||
| Avg | 24.4% | 21.8% | 13.1% | |||
| Low | 16.4% | 15.5% | 5.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.10 | 2.63 | 3.15 | |
| Avg | 2.03 | 2.50 | 2.91 | |
| Low | 1.93 | 2.36 | 2.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -30.2% | 29.5% | 26.1% | |
| Avg | -32.7% | 23.3% | 16.6% | |
| Low | -35.9% | 16.6% | 9.4% |
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.