MarketIQ Analyst Report for Rambus Inc

4453 NORTH FIRST STREET, SUITE 100, SAN JOSE, CA, US
RMBS

Last Updated: 13 Oct 2024

Executive Summary

Rambus Inc. (RMBS) is a semiconductor company with a market capitalization of $4.74 billion. The company has a strong financial position with an EBITDA of $169.19 million and a profit margin of 48.3%. The company's earnings per share (EPS) is $2.09 and its revenue per share is $4.428. Rambus has a trailing price-to-earnings (PE) ratio of 21.08 and a forward PE ratio of 20.45. The company's 52-week high is $76.38 and its 52-week low is $37.42. The latest stock price is $44.05.

Company Overview

Rambus Inc. offers semiconductor products in the United States, Taiwan, South Korea, Japan, Europe, Canada, Singapore, Asia, and internationally. The company's products include memory controllers, interface chips, and security products. Rambus was founded in 1990 and is headquartered in San Jose, California.

Fundamental Analysis

Rambus has a strong financial position with an EBITDA of $169.19 million and a profit margin of 48.3%. The company's EPS is $2.09 and its revenue per share is $4.428. Rambus has a trailing PE ratio of 21.08 and a forward PE ratio of 20.45. The company's 52-week high is $76.38 and its 52-week low is $37.42.

Technical Analysis

Rambus is currently trading above its 50-day moving average of $41.98 and below its 200-day moving average of $55.71. The company's relative strength index (RSI) is 52.5, which indicates that the stock is neither overbought nor oversold.

Short Term Outlook

Rambus is expected to report its next quarterly earnings on August 10, 2023. The company is expected to report EPS of $0.52, which would be a decrease from the previous quarter's EPS of $0.56. The company is also expected to report revenue of $122.5 million, which would be an increase from the previous quarter's revenue of $120.7 million.

Long Term Outlook

Rambus is expected to continue to grow in the long term. The company's products are used in a variety of applications, including mobile devices, personal computers, and servers. The company is also expected to benefit from the growing demand for semiconductors in the automotive and industrial sectors.

Analyst Recommendations

Analysts have a consensus rating of "Buy" on Rambus. The average analyst target price is $66.50, which represents a potential upside of 50.9% from the current price.