Rambus (RMBS)

• Market cap: $5.7B
• 1 day: -1.47%
• 5 days: 0.15%
• 1 month: -9.22%
• 3 months: 26.58%
• 6 months: -7.86%
• Year to date: -18.10%
• 1 year: -18.10%
• 5 years: 290.07%
• 10 years: 371.25%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

About: Rambus Inc is a semiconductor solutions provider offering high-speed, high-security computer chips and Silicon intellectual property. The company's key products include memory interface chips, built for high speed and efficiency; silicon IP, providing high-speed memory and chip-to-chip connection technology; and architecture licenses, which allow customers to use portions of Rambus' patented inventions for their own digital electronics. The firm receives the majority of its revenue from the United States, Taiwan, Asia, Japan, and Singapore.

Employees: 623

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

48% more repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 105

18% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 65

3% more funds holding

Funds holding: 359 [Q2] → 371 (+12) [Q3]

8% less call options, than puts

Call options by funds: $33.1M | Put options by funds: $36.1M

7.33% less ownership

Funds ownership: 96.29% [Q2] → 88.96% (-7.33%) [Q3]

33% less capital invested

Capital invested by funds: $6.1B [Q2] → $4.06B (-$2.04B) [Q3]

75% less funds holding in top 10

Funds holding in top 10: 4 [Q2] → 1 (-3) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $62 16% upside
• Avg. target: $77 44% upside
• High target: $90 68% upside

4 analyst ratings

• positive: 4 100%
• neutral: 0 0%
• negative: 0 0%

Baird Tristan Gerra 32% 1-year accuracy 8 / 25 met price target	68% upside $90	Outperform Initiated	25 Nov 2024
Loop Capital Gary Mobley 62% 1-year accuracy 13 / 21 met price target	31% upside $70	Buy Initiated	11 Nov 2024
Wells Fargo Gary Mobley 62% 1-year accuracy 13 / 21 met price target	16% upside $62	Overweight Initiated	6 Nov 2024
Rosenblatt Kevin Cassidy 58% 1-year accuracy 31 / 53 met price target	59% upside $85	Buy Maintained	29 Oct 2024