Rambus Inc. RMBS
Semiconductors · IPO 1997 · data as of November 13, 2026
Rambus Inc. (RMBS) is a technology company listed in the US with a market value of about $8.8B. In the twelve months to September 30, 2026 it had revenue of $796M and net income of $266M, a net margin of 33.4%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is financial health (5/5); the weakest is shareholder returns (0/5).
Key numbers: a P/E of 33.8, a price to free cash flow of 28.1, 5-year revenue growth of 24% a year, a 5-year average ROIC of 10%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 26% above the current price.
Score: 2.4 / 5
Checks passed
- Price below intrinsic value (DCF, moderate assumptions)
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- ROE above 15%
- More cash than debt, or low debt to equity
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- PEG below 1.5
- Profit margin improving
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
Valuation
Growth and quality
Financials, last 8 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $796M | $708M | $557M | $461M | $455M | $328M | $246M | $228M | $231M |
| Net income | $266M | $230M | $180M | $334M | -$14M | $18M | -$40M | -$86M | -$158M |
| Free cash flow | $313M | $333M | $200M | $173M | $213M | $195M | $156M | $122M | $75M |
| EPS (diluted) | $2.43 | $2.11 | $1.65 | $3.01 | $-0.13 | $0.16 | $-0.36 | $-0.77 | $-1.46 |
| Net margin | 33.4% | 32.6% | 32.3% | 72.4% | -3.1% | 5.6% | -16.4% | -37.8% | -68.3% |
| ROIC | — | 15.3% | 14.3% | 11.4% | 7.4% | 1.8% | -3.7% | -6.8% | -5.8% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 7 analysts is $140.57, 71% above the current price; targets range from $103.00 to $165.00; the consensus rating is “none”; expected EPS is $3.11 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Rambus’s P/E ratio?
About 33.8, based on the last twelve months of diluted earnings per share (forward P/E about 22.3).
Is Rambus stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 26% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Rambus pay a dividend?
Not currently.
Is Rambus a good stock to buy?
We do not give buy or sell advice. Rambus scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.