Rambus Inc. (RMBS)
NASDAQ: RMBS · IEX Real-Time Price · USD
56.56
+0.12 (0.21%)
Apr 24, 2024, 3:35 PM EDT - Market open
Rambus Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Rambus stock have an average target of 77.75, with a low estimate of 66 and a high estimate of 85. The average target predicts an increase of 37.46% from the current stock price of 56.56.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 13, 2024.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| 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 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $85 | Strong Buy | Reiterates | $85 | +50.28% | Mar 13, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $85 | Strong Buy | Reiterates | $85 | +50.28% | Feb 6, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $80 → $85 | Buy | Maintains | $80 → $85 | +50.28% | Jan 26, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $85 | Strong Buy | Reiterates | $85 | +50.28% | Dec 28, 2023 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $73 | Strong Buy | Reiterates | $73 | +29.07% | Sep 19, 2023 |
Financial Forecast
Revenue This Year
596.53M
from 461.12M
Increased by 29.37%
Revenue Next Year
744.13M
from 596.53M
Increased by 24.74%
EPS This Year
2.07
from 3.01
Decreased by -31.07%
EPS Next Year
2.56
from 2.07
Increased by 23.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 648.9M | 813.1M | 1.0B |
| Avg | 596.5M | 744.1M | 891.9M |
| Low | 522.5M | 667.7M | 769.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 40.7% | 36.3% | 36.0% |
| Avg | 29.4% | 24.7% | 19.9% |
| Low | 13.3% | 11.9% | 3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.21 | 2.86 | 3.38 |
| Avg | 2.07 | 2.56 | 3.00 |
| Low | 1.90 | 2.32 | 2.61 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -26.7% | 37.7% | 31.8% |
| Avg | -31.1% | 23.6% | 16.9% |
| Low | -36.8% | 11.9% | 1.7% |
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.