Rambus Inc. (RMBS)
NASDAQ: RMBS · IEX Real-Time Price · USD
57.97
-1.76 (-2.95%)
At close: Jul 19, 2024, 4:00 PM
58.28
+0.31 (0.53%)
Pre-market: Jul 22, 2024, 7:30 AM EDT
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 85. The average target predicts an increase of 33.17% from the current stock price of 57.97.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 13, 2024.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 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 | 4 | 4 | 4 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Initiates $72 → $75 | Strong Buy | Initiates | $72 → $75 | +29.38% | May 13, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $85 | Strong Buy | Reiterates | $85 | +46.63% | Mar 13, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $85 | Strong Buy | Reiterates | $85 | +46.63% | Feb 6, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $80 → $85 | Buy | Maintains | $80 → $85 | +46.63% | Jan 26, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $85 | Strong Buy | Reiterates | $85 | +46.63% | Dec 28, 2023 |
Financial Forecast
Revenue This Year
597.57M
from 461.12M
Increased by 29.59%
Revenue Next Year
728.11M
from 597.57M
Increased by 21.85%
EPS This Year
1.95
from 3.01
Decreased by -35.14%
EPS Next Year
2.56
from 1.95
Increased by 31.17%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 629.7M | 787.5M | 867.5M | 971.7M |
| Avg | 597.6M | 728.1M | 821.8M | 943.9M |
| Low | 537.0M | 671.5M | 769.6M | 906.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 36.6% | 31.8% | 19.1% | 18.2% |
| Avg | 29.6% | 21.8% | 12.9% | 14.9% |
| Low | 16.5% | 12.4% | 5.7% | 10.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.15 | 2.89 | 3.19 | 3.87 |
| Avg | 1.95 | 2.56 | 2.99 | 3.76 |
| Low | 1.74 | 2.35 | 2.77 | 3.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -28.5% | 47.9% | 24.7% | 29.4% |
| Avg | -35.1% | 31.2% | 16.9% | 25.7% |
| Low | -42.1% | 20.5% | 8.3% | 20.8% |
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.