View ValuationRambus 향후 성장Future 기준 점검 4/6Rambus은 연간 수입과 매출이 각각 20.1%와 14.5% 증가할 것으로 예상되고 EPS는 연간 28.6%만큼 증가할 것으로 예상됩니다.핵심 정보20.1%이익 성장률28.58%EPS 성장률Semiconductor 이익 성장30.4%매출 성장률14.5%향후 자기자본이익률n/a애널리스트 커버리지Good마지막 업데이트14 May 2026최근 향후 성장 업데이트공시 • Apr 29Rambus Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2026Rambus Inc. provided earnings guidance for the second quarter ending June 30, 2026. For the quarter, the company expected royalty revenue to be between $72 million and $78 million, product revenue to be between $95 million and $101 million, and contract and other revenue to be between $19 million and $25 million.공시 • Feb 03Rambus Inc. Provides Earnings Guidance for the First Quarter of 2026Rambus Inc. provided earnings guidance for the first quarter of 2026. For the first quarter of 2026, the Company expects licensing billings to be between $66 million and $72 million. The Company also expects royalty revenue to be between $61 million and $67 million, product revenue to be between $84 million and $90 million, and contract and other revenue to be between $21 million and $27 million. Revenue is not without risk and achieving revenue in this range will require that the Company sign customer agreements for various product sales and solutions licensing, among other matters.공시 • Oct 28Rambus Inc. Provides Earnings Guidance for the Fourth Quarter of 2025Rambus Inc. provided earnings guidance for the fourth quarter of 2025. For the quarter, the company expects revenue to be between $184 million and $190 million. The Company expects licensing billings to be between $60 million and $66 million. The Company also expects royalty revenue to be between $59 million and $65 million, product revenue to be between $94 million and $100 million, and contract and other revenue to be between $25 million and $31 million.공시 • Jul 29Rambus Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2025Rambus Inc. provided earnings guidance for the third quarter ending September 30, 2025. For the quarter, the company expects Product revenue (GAAP) of $87 million - $93 million. Contract and other revenue (GAAP) of $22 million - $28 million.공시 • Apr 29Rambus Inc. Provides Earnings Guidance for the Second Quarter of 2025Rambus Inc. provided earnings guidance for the second quarter of 2025. For the quarter, the company expects GAAP product revenue to be between $77 million to $83 million and contract and other revenue to be between $17 million to $23 million.공시 • Oct 29Rambus Inc. Provides Earnings Guidance for the Fourth Quarter of 2024Rambus Inc. provided earnings guidance for the fourth quarter of 2024. For the quarter, the company expects GAAP product revenue to be between $72 million to $78 million and contract and other revenue to be between $22 million to $28 million. The Company also expects royalty revenue to be between $54 million and $60 million.모든 업데이트 보기Recent updatesBoard Change • May 20Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Victor Peng was the last director to join the board, commencing their role in 2026. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • May 08Rambus Inc Introduces PCIe 7.0 Switch Ip With Time Division MultiplexingRambus Inc. announced the Rambus PCIe 7.0 Switch IP with Time Division Multiplexing, a new addition to its advanced interconnect IP portfolio designed to address the rapidly escalating bandwidth, latency, and scalability requirements of AI, cloud, and high-performance computing (HPC) systems. Rambus PCIe 7.0 Switch IP with Time Division Multiplexing enables efficient, scalable PCIe fabrics that optimize link utilization and reduce system complexity for scale up and scale out of distributed AI clusters and high-performance computing networks. Supports bandwidth scaling, low latency, and efficient data movement for AI, cloud, and HPC systems. Increases link utilization through intelligent traffic multiplexing, enabling simpler architectures and scalable disaggregated and pooled compute designs. Extends the Rambus PCIe IP portfolio which spans switches, controllers, retimers, and debug solutions to support next-generation AI infrastructure. As AI infrastructure grows in scale and architectural complexity, system designers are increasingly challenged to move massive volumes of data efficiently across CPUs, GPUs, accelerators, and NVMe storage. The Rambus PCIe 7.0 Switch IP with Time Division Multiplexing is architected to help meet these demands by enabling more flexible and efficient utilization of PCIe links, supporting emerging disaggregated and pooled compute architectures while maintaining low latency and deterministic performance. Built on the PCIe 7.0 specification, the Rambus newest switch IP is optimized for next-generation AI and data center SoCs that require extreme bandwidth density, advanced traffic management, and seamless scalability. By incorporating Time Division Multiplexing capabilities, the switch enables designers to intelligently schedule and multiplex traffic across shared links, helping maximize fabric utilization while supporting diverse workload profiles, from large-scale AI training to latency-sensitive inference and data movement. The Rambus PCIe 7.0 Switch IP with Time Division Multiplexing is designed to integrate seamlessly into ASIC platforms and complements Rambus’ PCIe 7.0 IP portfolio, which includes controllers, retimers, and debug solutions. These IP offerings help customers accelerate time-to-market while addressing the demanding performance, power, and reliability requirements of modern AI infrastructure. The Rambus PCIe 7.0 Switch IP with Time Division Multiplexing reinforces the company’s leadership in high-speed interface IP and its commitment to delivering differentiated interconnect technologies that help customers solve the most challenging problems in AI, cloud, and HPC Infrastructure.공시 • May 02+ 1 more updateRambus Inc. Appoints Sumeet Gagneja as Chief Financial Officer, Effective April 29, 2026Rambus Inc. announced the appointment of Sumeet Gagneja as chief financial officer, effective April 29, 2026. Mr. Gagneja joins Rambus with more than two decades of financial and operational leadership across the semiconductor, data center, and AI-driven computing ecosystem. Mr. Gagneja will oversee the company’s global finance organization, including financial strategy, capital allocation, and investor engagement, reporting to president and chief executive officer Luc Seraphin. Mr. Gagneja most recently served as divisional CFO for AMD’s Data Center segment. Previously, he was CFO of Western Digital’s Flash business and held senior finance leadership roles at Xilinx, Innovium, Maxim Integrated, Avago, and Intel. Across these roles, he supported capital allocation, mergers and acquisitions, operational planning, and investor and analyst engagement, bringing a disciplined and execution-focused approach to scaling complex technology businesses. Gagneja holds a Master of Business Administration with high distinction from the University of Michigan Ross School of Business and a master’s degree in mechanical engineering from Wayne State University. He is a California Certified Public Accountant.공시 • Apr 29Rambus Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2026Rambus Inc. provided earnings guidance for the second quarter ending June 30, 2026. For the quarter, the company expected royalty revenue to be between $72 million and $78 million, product revenue to be between $95 million and $101 million, and contract and other revenue to be between $19 million and $25 million.공시 • Apr 23Rambus Inc. Enables Power-Efficient AI Platforms with SOCAMM2 Server Module ChipsetRambus Inc. announced a SOCAMM2 (Small Outline Compression Attached Memory Module) chipset designed to enable low-power, high-performance LPDDR5X-based memory modules for AI server platforms. The SOCAMM2 chipset represents the first step in a broader Rambus roadmap of LPDDR-based server module solutions, reflecting the company’s ongoing collaboration with industry partners to support new memory architectures optimized for evolving workloads in AI data center infrastructure. This new product family extends the comprehensive Rambus offering of complete memory interface chipsets for all JEDEC-standard DDR5 and LPDDR5 memory modules. SOCAMM2 memory modules, based on LPDDR technology, are emerging as an innovative architectural approach to address these challenges by delivering high performance with lower power consumption in a modular, serviceable, board area efficient form factor. The Rambus SOCAMM2 chipset is designed to support this transition by providing the critical control, telemetry, and power delivery functions required by JEDEC-standard SOCAMM2 memory modules in demanding AI server environments. SOCAMM2 replaces soldered LPDDR memory with detachable, upgradable modules that combine LPDDR efficiency with server-class serviceability in the data center. The Rambus LPDDR5X SOCAMM2 chipset supports reliable, power-efficient operation of LPDDR-based server memory modules at up to 9.6 Gb/s and includes: SPD Hub for module identification, configuration, and telemetry; 12-amp (A) and 3A voltage regulators for localized, efficient power conversion.공시 • Apr 07Rambus Inc. to Report Q1, 2026 Results on Apr 27, 2026Rambus Inc. announced that they will report Q1, 2026 results on Apr 27, 2026공시 • Mar 09Rambus Inc., Annual General Meeting, Apr 23, 2026Rambus Inc., Annual General Meeting, Apr 23, 2026.공시 • Mar 05Rambus Inc. Sets New Benchmark For AI Memory Performance With HBM4E Controller IPRambus Inc. announced the industry’s leading HBM4E Memory Controller IP, extending its market leadership in HBM IP. This new solution delivers breakthrough performance with advanced reliability features enabling designers to address the demanding memory bandwidth requirements of next-generation AI accelerators and graphics processing units (GPUs). The Rambus HBM4E Controller enables a new generation of HBM memory deployments for cutting-edge AI accelerators, graphics and HPC applications. The HBM4E Controller is capable of supporting operation up to 16 Gigabits per second (Gbps) per pin providing an unprecedented throughput of 4.1 Terabytes per second (TB/s) to each memory device. For an AI accelerator with eight attached HBM4E devices, this translates to over 32 TB/s of memory bandwidth for next-generation AI workloads. The Rambus HBM4E Controller IP can be paired with third-party standard or TSV PHY solutions to instantiate a complete HBM4E memory subsystem in a 2.5D or 3D package as part of an AI SoC or custom base die solution. The Rambus HBM4E Controller IP is the latest addition to the Rambus leading-edge portfolio of digital controller solutions. The HBM4E Controller is available for licensing, and early access design customers can engage.공시 • Feb 13Rambus Inc. Appoints Victor Peng to Board of Directors, Effective February 12, 2026Rambus Inc. announced the appointment of Victor Peng, Age 65, to its Board of Directors, effective February 12, 2026. Victor Peng is an accomplished executive with more than 40 years of leadership experience at top semiconductor companies. Most recently, Mr. Peng served as president of Advanced Micro Devices (AMD), leading AMD’s embedded and data center GPU businesses, AI software, and the research and advanced development group. Prior to AMD, Mr. Peng served 14 years at Xilinx, holding senior level positions including president and chief executive officer, board member, chief operating officer, executive vice president, and general manager of products. Mr. Peng currently serves on the Boards of KLA Corporation and Microchip Technology Inc. Mr. Peng holds a Master of Engineering in electrical engineering from Cornell University, and a Bachelor of Science in electrical engineering from Rensselaer Polytechnic Institute.공시 • Feb 11+ 1 more updateRambus Inc. Announces Chief Financial Officer Changes, Effective February 27, 2026Rambus Inc. announced that Desmond Lynch, senior vice president and chief financial officer (CFO), will resign from Rambus effective February 27, 2026, to pursue another opportunity. A formal search has commenced for a new CFO. John Allen, current vice president and chief accounting officer at Rambus, will serve as interim CFO and ensure a seamless transition until a permanent successor has been appointed.공시 • Feb 03Rambus Inc. Provides Earnings Guidance for the First Quarter of 2026Rambus Inc. provided earnings guidance for the first quarter of 2026. For the first quarter of 2026, the Company expects licensing billings to be between $66 million and $72 million. The Company also expects royalty revenue to be between $61 million and $67 million, product revenue to be between $84 million and $90 million, and contract and other revenue to be between $21 million and $27 million. Revenue is not without risk and achieving revenue in this range will require that the Company sign customer agreements for various product sales and solutions licensing, among other matters.공시 • Jan 13Rambus Inc. to Report Q4, 2025 Results on Feb 02, 2026Rambus Inc. announced that they will report Q4, 2025 results on Feb 02, 2026공시 • Oct 28Rambus Inc. Provides Earnings Guidance for the Fourth Quarter of 2025Rambus Inc. provided earnings guidance for the fourth quarter of 2025. For the quarter, the company expects revenue to be between $184 million and $190 million. The Company expects licensing billings to be between $60 million and $66 million. The Company also expects royalty revenue to be between $59 million and $65 million, product revenue to be between $94 million and $100 million, and contract and other revenue to be between $25 million and $31 million.공시 • Oct 07Rambus Inc. to Report Q3, 2025 Results on Oct 27, 2025Rambus Inc. announced that they will report Q3, 2025 results on Oct 27, 2025공시 • Jul 29Rambus Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2025Rambus Inc. provided earnings guidance for the third quarter ending September 30, 2025. For the quarter, the company expects Product revenue (GAAP) of $87 million - $93 million. Contract and other revenue (GAAP) of $22 million - $28 million.공시 • Jul 08Rambus Inc. to Report Q2, 2025 Results on Jul 28, 2025Rambus Inc. announced that they will report Q2, 2025 results on Jul 28, 2025공시 • May 14Rambus Delivers Industry-Leading Client Chipsets for Next-Generation AI PC Memory ModulesRambus Inc. announced the availability of complete client chipsets for next-generation AI PC memory modules, featuring two new Power Management ICs (PMICs) for client computing. PMICs are critical to efficiently power memory modules providing breakthrough levels of performance for advanced computing applications. The two new Rambus PMICs are the PMIC5200, for LPDDR5 CAMM2 (LPCAMM2) memory modules and the PMIC5120, which supports DDR5 CSODIMMs and CUDIMMs. These PMICs, alongside the Client Clock Driver (CKD) and Serial Presence Detect Hub (SPD Hub), comprise a complete chipset offering to enable memory modules for AI PC notebooks, desktops and workstations. Further, with the addition of these new PMICs, Rambus now offers complete memory interface chipsets for all JEDEC standard DDR5 and LPDDR5 memory modules for both servers and clients.공시 • Apr 29Rambus Inc. Provides Earnings Guidance for the Second Quarter of 2025Rambus Inc. provided earnings guidance for the second quarter of 2025. For the quarter, the company expects GAAP product revenue to be between $77 million to $83 million and contract and other revenue to be between $17 million to $23 million.공시 • Apr 08Rambus Inc. to Report Q1, 2025 Results on Apr 28, 2025Rambus Inc. announced that they will report Q1, 2025 results on Apr 28, 2025공시 • Mar 11Rambus Inc. Enhances Data Center and AI Protection with Next-Gen CryptoManager Security IP SolutionsRambus Inc. announced the introduction of its next-generation CryptoManager Security IP solutions including Root of Trust, Hub and Core families. The CryptoManager Security IP offerings deliver progressively higher levels of functional integration and security, enabling customers to choose the level of security features and capabilities best suited to their unique requirements. The CryptoManager Root of Trust delivers a fully-turnkey solution and offers the industry's first Quantum Safe boot flow. The CryptoManager Hub provides the ideal combination of proven cryptographic building blocks for customers designing their own root of trust or secure processor. With support for a broad set of security functionality and certifications, Rambus CryptoManager Security IP solutions help customers accelerate the time to market of chips for the data center, AI and other advanced applications. CryptoManager Security IP solutions include: CryptoManager Root of Trust products offer fully programmable security processor functionality including multithreading and multi-host capabilities. A complete turnkey solution, the CryptoManager Root of Trust family represents the highest level of security integration with advanced anti-tamper and Quantum Safe protection for boot and HW acceleration. CryptoManager Hub products are the ultimate solution for customers looking to build their own Root of Trust or security processor, ensuring unparalleled protection and performance. CryptoManager Hub products feature a suite of symmetric, asymmetric, and Quantum Safe cryptographic accelerators along with certified true random number generators designed to meet the highest security standards for a broad set of applications. CryptoManager Core products are a suite of symmetric cryptographic accelerators designed to provide unmatched flexibility for customers building their own Root of Trust solutions.공시 • Feb 25Rambus Inc., Annual General Meeting, Apr 25, 2025Rambus Inc., Annual General Meeting, Apr 25, 2025.공시 • Jan 15Rambus Inc. to Report Q4, 2024 Results on Feb 03, 2025Rambus Inc. announced that they will report Q4, 2024 results on Feb 03, 2025Board Change • Dec 30Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Steve Laub was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Nov 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €51.66, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 12x in the Semiconductor industry in Germany. Total returns to shareholders of 145% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €54.87 per share.Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: US$0.45 (vs US$0.95 in 3Q 2023)Third quarter 2024 results: EPS: US$0.45 (down from US$0.95 in 3Q 2023). Revenue: US$145.5m (up 38% from 3Q 2023). Net income: US$48.7m (down 53% from 3Q 2023). Profit margin: 33% (down from 98% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.공시 • Oct 29Rambus Inc. Provides Earnings Guidance for the Fourth Quarter of 2024Rambus Inc. provided earnings guidance for the fourth quarter of 2024. For the quarter, the company expects GAAP product revenue to be between $72 million to $78 million and contract and other revenue to be between $22 million to $28 million. The Company also expects royalty revenue to be between $54 million and $60 million.공시 • Oct 15Rambus Inc. Unveils Complete Chipsets for Next-Generation DDR5 RDIMMs and RDIMMs to Deliver Breakthrough Performance for Data Center and AIRambus Inc. unveiled industry-first, complete memory interface chipsets for Gen5 DDR5 RDIMMs and next-generation DDR5 Multiplexed Rank Dual Inline Memory Modules (MRDIMMs). These innovative new products for RDIMMs and MRDIMMs will seamlessly extend DDR5 performance with unparalleled bandwidth and memory capacity for compute-intensive data center and AI workloads. The new Rambus chips include: The Gen5 Registering Clock Driver (RCD), enabling RDIMMs operating at 8000 megatransfers per second (MT/s). The Multiplexed Registering Clock Driver (MRCD) and Multiplexed Data Buffer (MDB), enabling upcoming MRDIMMs running at speeds up to 12,800 MT/s by doubling the bandwidth of the DIMM beyond the native DRAM device speed. The second-generation server Power Management IC (PMIC5030) designed for both DDR5 RDIMM 8000 and MRDIMM 12800, providing ultra-high current at low voltage to support higher speeds and more DRAM and logic chips per module. Enabling flexible and scalable end-user server configuration, the DDR5 RDIMM 8 and industry-standard MRDIMM 12800 utilize a common architecture with compatibility across server platforms. The DDR5 RDIMM 8000 chipset includes the Gen5 RCD, PMIC5030, Serial Presence Detect (SPD) Hub and Temperature Sensor (TS) chips. The DDR5 MRDIMM 12800 chipset includes the MRCD and MDB, as well as the same PMIC5030, SPD Hub and TS chips utilized in the RDIMM 8800. The DDR5 MRDIMM 12800 employs a novel and efficient module design that boosts data transfer rates and system performance by multiplexing two ranks of DRAM, effectively interleaving the two data streams. This allows the host memory bus to run at twice the data rate of the native DRAM devices, thus increasing bandwidth while using the same physical connections of DDR5 RDIMM 12800. This requires an MRCD that can address the two ranks of DRAMs on alternative clock cycles, as well as MDBs to direct the data stream to and from the correct DRAM devices. Each DDR5 RDIMM 12 800 requires one MRCD and ten MDB chips to multiplex the memory channel. The MRCD and MDB will also support a Tall MRDIMM form factor with four ranks of DDR5 DRAMs for double the capacity of a dual- rank RDIMM in a cost-effective manner. The Gen5 RCD, MRCD, MRCD, MDB and PMIC5030 are part of the growing Rambus portfolio of memory interface and power management solutions including Gen1 to Gen4 RCD, Client Clock Driver (CKD), Server PMIC, SPD Hub, and TS chips.공시 • Oct 09Rambus Inc. to Report Q3, 2024 Results on Oct 28, 2024Rambus Inc. announced that they will report Q3, 2024 results on Oct 28, 2024Buy Or Sell Opportunity • Sep 06Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 31% to €35.61. The fair value is estimated to be €44.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 9.5% per annum over the same time period.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €38.21, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €44.16 per share.공시 • Jul 31Rambus Inc. Provides Earnings Guidance for the Third Quarter of 2024Rambus Inc. provided earnings guidance for the third quarter of 2024 . For the quarter, the company expects GAAP product revenue to be between $62 million to $68 million and contract and other revenue to be between $17 million to $23 million. The Company also expects royalty revenue to be between $59 million and $65 million.Reported Earnings • Jul 30Second quarter 2024 earnings released: EPS: US$0.34 (vs US$1.55 in 2Q 2023)Second quarter 2024 results: EPS: US$0.34 (down from US$1.55 in 2Q 2023). Revenue: US$132.1m (up 10% from 2Q 2023). Net income: US$36.1m (down 79% from 2Q 2023). Profit margin: 27% (down from 141% in 2Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.New Risk • Jul 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 6.2% per year for the foreseeable future. High level of non-cash earnings (35% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Significant insider selling over the past 3 months (€598k sold).공시 • Jul 09Rambus Inc. to Report Q2, 2024 Results on Jul 29, 2024Rambus Inc. announced that they will report Q2, 2024 results on Jul 29, 2024Recent Insider Transactions • May 09Independent Director recently sold €598k worth of stockOn the 8th of May, Eric Stang sold around 11k shares on-market at roughly €52.45 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.0m more than they bought in the last 12 months.New Risk • May 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 35% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 30% per year for the foreseeable future. High level of non-cash earnings (35% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change).공시 • Apr 30Rambus Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2024Rambus Inc. provided earnings guidance for the second quarter ending June 30, 2024. For the quarter, the company expects GAAP product revenue to be between $52 million to $58 million and contract and other revenue to be between $17 million to $23 million. The Company also expects royalty revenue to be between $55 million and $61 million.Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: US$0.30 (vs US$0.03 in 1Q 2023)First quarter 2024 results: EPS: US$0.30 (up from US$0.03 in 1Q 2023). Revenue: US$117.9m (up 3.6% from 1Q 2023). Net income: US$32.9m (up US$29.6m from 1Q 2023). Profit margin: 28% (up from 2.9% in 1Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.공시 • Apr 30Rambus Expands Chipset for Advanced Data Center Memory Modules with Ddr5 Server PMICsRambus Inc. announced the availability of its new family of DDR5 server Power Management ICs (PMICs), including an extreme current device for high-performance applications. With this new family of server PMICs, Rambus offers module manufacturers a complete DDR5 RDIMM memory interface chipset supporting a broad range of data center use cases. The PMIC is a critical component in the DDR5 memory architecture, enabling more memory channels, higher capacity modules and greater bandwidth. The Rambus DDR5 server PMIC family includes products for the JEDEC extreme current (PMIC5020), high current (PMIC5000) and low current (PMIC5010) specifications. The Rambus PMIC5020 will enable future generations of DDR5 RDIMM delivering new benchmarks for performance and capacity. This new family of Rambus server PMICs, together with Rambus DDR5 RCD, SPD Hub and Temperature Sensor ICs, comprise a complete memory interface chipset for a broad range of DDR5 RDIMM configurations and use cases.Buy Or Sell Opportunity • Apr 13Now 25% overvaluedOver the last 90 days, the stock has fallen 3.8% to €57.86. The fair value is estimated to be €46.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are forecast to decline by 13% per annum over the same time period.공시 • Apr 09Rambus Inc. to Report Q1, 2024 Results on Apr 29, 2024Rambus Inc. announced that they will report Q1, 2024 results on Apr 29, 2024공시 • Mar 09Rambus Inc., Annual General Meeting, Apr 25, 2024Rambus Inc., Annual General Meeting, Apr 25, 2024, at 09:00 Pacific Standard Time.New Risk • Feb 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 13% per year for the foreseeable future. High level of non-cash earnings (30% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change).Valuation Update With 7 Day Price Move • Feb 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €54.10, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 20x in the Semiconductor industry in Germany. Total returns to shareholders of 202% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €45.26 per share.Reported Earnings • Feb 06Full year 2023 earnings released: EPS: US$3.09 (vs US$0.13 loss in FY 2022)Full year 2023 results: EPS: US$3.09 (up from US$0.13 loss in FY 2022). Revenue: US$461.1m (up 1.4% from FY 2022). Net income: US$333.9m (up US$348.2m from FY 2022). Profit margin: 72% (up from net loss in FY 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.공시 • Jan 16Rambus Inc. to Report Q4, 2023 Results on Feb 05, 2024Rambus Inc. announced that they will report Q4, 2023 results on Feb 05, 2024공시 • Dec 28Rambus Advances Data Center Server Performance with Industry-First Gen4 DDR5 RCDRambus Inc. announced the availability of its Gen4 DDR5 Registering Clock Driver (RCD) which began sampling to the major DDR5 memory module (RDIMM) manufacturers in the fourth quarter of 2023. The Rambus Gen4 RCD boosts the data rate to 7200 MT/s, setting a new benchmark for performance and enabling a 50% increase in memory bandwidth over today’s 4800 MT/s DDR5 module solutions. It supports the rapid pace of server main memory performance improvements to meet the demands of generative AI and other advanced data center workloads. Rambus DDR5 memory interface chips including the RCD, Serial Presence Detect (SPD) Hub and Temperature Sensors are important in achieving a new level of performance for servers. With over 30 years of high-performance memory experience, Rambus is renowned for its signal integrity (SI) /power integrity (PI) expertise. This expertise helps enable DDR5 memory interface chips delivering superior performance and reliability for data center server RDIMMs. The Rambus 7200 MT/s DDR5 RCD is available December 27, 2023.Valuation Update With 7 Day Price Move • Nov 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €62.50, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 375% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €38.07 per share.Recent Insider Transactions • Nov 12Independent Director recently sold €448k worth of stockOn the 8th of November, Emiko Higashi sold around 8k shares on-market at roughly €56.03 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €878k. Insiders have been net sellers, collectively disposing of €6.3m more than they bought in the last 12 months.New Risk • Nov 06New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 14% per year for the foreseeable future. High level of non-cash earnings (24% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Significant insider selling over the past 3 months (€1.3m sold).Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: US$0.95 (vs US$0.009 in 3Q 2022)Third quarter 2023 results: EPS: US$0.95 (up from US$0.009 in 3Q 2022). Revenue: US$105.3m (down 6.2% from 3Q 2022). Net income: US$103.2m (up US$102.3m from 3Q 2022). Profit margin: 98% (up from 0.8% in 3Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.New Risk • Oct 31New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.6% average weekly change). Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (€1.3m sold).New Risk • Oct 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.7% average weekly change). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (€1.3m sold).공시 • Oct 12Rambus Inc. to Report Q3, 2023 Results on Oct 30, 2023Rambus Inc. announced that they will report Q3, 2023 results on Oct 30, 2023공시 • Sep 08Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of Rambus SerDes and memory interface PHY IP business from Rambus Inc. (NasdaqGS:RMBS).Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a definitive agreement to acquire Rambus SerDes and memory interface PHY IP business from Rambus Inc. (NasdaqGS:RMBS) for $110 million on July 19, 2023. The transaction is expected to be funded through a combination of cash on hand and short-term borrowings. It is subject to certain closing conditions and is expected to close in the third calendar quarter of 2023. Robert Ishii and Ethan Lutske of Wilson Sonsini acted as legal advisor to Rambus on the transaction. Mark Bekheit and Ian Nussbaum of Latham & Watkins LLP acted as legal advisor to Cadence Design Systems. Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of Rambus SerDes and memory interface PHY IP business from Rambus Inc. (NasdaqGS:RMBS) September 6, 2023.Recent Insider Transactions • Aug 31Senior VP & COO recently sold €878k worth of stockOn the 29th of August, Xianzhi Fan sold around 17k shares on-market at roughly €50.71 per share. This transaction amounted to 9.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Xianzhi has been a net seller over the last 12 months, reducing personal holdings by €5.1m.공시 • Aug 23Rambus Inc. Announces Full Suite of Security IP Solutions for the FPGA Market with Cryptographic, Side-Channel, and Quantum Safe ProtectionsRambus Inc. announced a full suite of Security IP solutions for the FPGA market with cryptographic, side-channel, and Quantum Safe protections. Designed to meet the unique needs of FPGAs, the offering secures the broad range of devices from high-performance accelerators for generative AI, to low-power solutions for IoT devices. Rambus security IP protects FPGAs serving applications in the Data Center, AI/ML, Edge, IoT, Defense, and beyond. As part of the portfolio, Rambus offers advanced FPGA targeted security IP products including root of trust, 800G MACsec, IPsec, classic and quantum safe public key encryption solutions. Leveraging pioneering work in differential power analysis (DPA) and fault injection attack (FIA) countermeasures, Rambus security IP delivers the highest levels of protection available against both cryptographic and side-channel attacks. With new Quantum Safe security IP products, Rambus futureproofs the protection of FPGAs for the coming Post Quantum Cryptography (PQC) era.Recent Insider Transactions • Aug 20Independent Director recently sold €417k worth of stockOn the 16th of August, Eric Stang sold around 9k shares on-market at roughly €48.81 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.3m more than they bought in the last 12 months.공시 • Aug 05Rambus Inc. Appoints John Allen as Chief Accounting OfficerOn July 27, 2023, Rambus Inc. appointed John Allen to the position of Vice President, Accounting and Chief Accounting Officer, effective as of August 1, 2023. Mr. Allen currently serves as the Company’s Vice President, Accounting and has served in that role since March 2023. Previously, Mr. Allen served as Senior Vice President, Corporate Controller of Xperi Inc., a consumer and entertainment technology company, from 2012 to March 2023. Mr. Allen received a BA degree in Business Economics from the University of California, Santa Barbara in 1985.Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: US$1.55 (vs US$0.32 in 2Q 2022)Second quarter 2023 results: EPS: US$1.55 (up from US$0.32 in 2Q 2022). Revenue: US$119.8m (down 1.1% from 2Q 2022). Net income: US$168.9m (up 382% from 2Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth.공시 • Aug 01Rambus Inc. Provides Earnings Guidance for the Third Quarter of 2023Rambus Inc. provided earnings guidance for the third quarter of 2023. For the quarter, the company expects GAAP product revenue to be between $47 million to $53 million and contract and other revenue to be between $17 million to $23 million.공시 • Jul 13Rambus Delivers Quantum Safe IP Solutions with Next-Generation Root of Trust for Data Center SecurityRambus Inc. announced the first in a family of Quantum Safe security IP products with its next-generation Root of Trust for data center and communications security. Quantum computers will be able to rapidly break current asymmetric encryption, placing important data and assets at risk. The Rambus Root of Trust IP offers customers a complete Post Quantum Cryptography (PQC) hardware security solution that protects valuable data center and AI/ML assets and systems. Rambus Root of Trust IP with Quantum Safe Cryptography uses the quantum-compute resistant cryptographic algorithms selected by the National Institute of Standards and Technology (NIST): CRYSTALS-Kyber for key-encapsulation and CRYSTALS-Dilithium for digital signatures. In addition, Rambus Root of Trust IP supports the Commercial National Security Algorithm Suite (CNSA) algorithms for software and firmware updates including XMSS/LMS stateful hash firmware signatures, CNSA symmetric-key algorithms, and CNSA quantum-resistant public-key algorithms. Rambus Quantum Safe Root of Trust Features: Programmable 32-bit secure processor, Quantum Safe Encryption engine, Open Compute Project (OCP) Caliptra Root of Trust for Measurement with DICE and X.509 support, True Random Number Generator (TRNG) and Physical Unclonable Function (PUF) entropy source, Secure data store, FIPS 140-3 CAVP and CMVP compliant, and SDK for user development of secure and trusted applications.공시 • Jun 25Rambus Inc.(NasdaqGS:RMBS) dropped from Russell 2000 Value-Defensive IndexRambus Inc.(NasdaqGS:RMBS) dropped from Russell 2000 Value-Defensive IndexBoard Change • May 17Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Steve Laub was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 03First quarter 2023 earnings released: EPS: US$0.03 (vs US$0.60 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.03 (up from US$0.60 loss in 1Q 2022). Revenue: US$113.8m (up 15% from 1Q 2022). Net income: US$3.28m (up US$69.5m from 1Q 2022). Profit margin: 2.9% (up from net loss in 1Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Feb 15Independent Director recently sold €122k worth of stockOn the 10th of February, Necip Sayiner sold around 3k shares on-market at roughly €42.63 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.9m. Insiders have been net sellers, collectively disposing of €4.6m more than they bought in the last 12 months.Reported Earnings • Feb 07Full year 2022 earnings released: US$0.13 loss per share (vs US$0.17 profit in FY 2021)Full year 2022 results: US$0.13 loss per share (down from US$0.17 profit in FY 2021). Revenue: US$454.8m (up 39% from FY 2021). Net loss: US$14.3m (down 178% from profit in FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.공시 • Feb 07Rambus Inc. Provides Earnings Guidance for the First Quarter of 2023Rambus Inc. provided earnings guidance for the first quarter of 2023. For the quarter, the company expects GAAP product revenue to be between $57 million to $63 million and contract and other revenue to be between $19 million to $25 million.Recent Insider Transactions • Nov 17Senior VP & COO recently sold €1.9m worth of stockOn the 15th of November, Xianzhi Fan sold around 52k shares on-market at roughly €37.07 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Xianzhi's only on-market trade for the last 12 months.Recent Insider Transactions • Nov 05Independent Director recently sold €263k worth of stockOn the 3rd of November, Eric Stang sold around 8k shares on-market at roughly €35.09 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: US$0.009 (vs US$0.034 in 3Q 2021)Third quarter 2022 results: EPS: US$0.009 (down from US$0.034 in 3Q 2021). Revenue: US$112.2m (up 38% from 3Q 2021). Net income: US$939.0k (down 75% from 3Q 2021). Profit margin: 0.8% (down from 4.5% in 3Q 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Aug 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 6.9%. The fair value is estimated to be €30.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 76%.Reported Earnings • Aug 02Second quarter 2022 earnings released: EPS: US$0.32 (vs US$0.10 in 2Q 2021)Second quarter 2022 results: EPS: US$0.32 (up from US$0.10 in 2Q 2021). Revenue: US$121.1m (up 43% from 2Q 2021). Net income: US$35.0m (up 214% from 2Q 2021). Profit margin: 29% (up from 13% in 2Q 2021). Over the next year, revenue is forecast to grow 43%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 04First quarter 2022 earnings released: US$0.60 loss per share (vs US$0.023 loss in 1Q 2021)First quarter 2022 results: US$0.60 loss per share (down from US$0.023 loss in 1Q 2021). Revenue: US$99.1m (up 41% from 1Q 2021). Net loss: US$66.2m (loss widened US$63.6m from 1Q 2021). Over the next year, revenue is forecast to grow 55%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Apr 23Now 21% undervaluedOver the last 90 days, the stock is up 8.9%. The fair value is estimated to be €30.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 20% per annum. Earnings is also forecast to grow by 45% per annum over the same time period.Reported Earnings • Feb 08Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$0.17 (up from US$0.36 loss in FY 2020). Revenue: US$328.3m (up 33% from FY 2020). Net income: US$18.3m (up US$58.8m from FY 2020). Profit margin: 5.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 54%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Feb 04Now 21% undervaluedOver the last 90 days, the stock is up 5.0%. The fair value is estimated to be US$27.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% per annum over the last 3 years. The company has become profitable over the last year.Buying Opportunity • Jan 20Now 20% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be US$29.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% per annum over the last 3 years. The company has become profitable over the last year.Reported Earnings • Nov 02Third quarter 2021 earnings released: EPS US$0.034 (vs US$0.11 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$81.3m (up 43% from 3Q 2020). Net income: US$3.68m (up US$16.5m from 3Q 2020). Profit margin: 4.5% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.Breakeven Date Change • Sep 23Forecast to breakeven in 2021The 4 analysts covering Rambus expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$23.2m in 2021. Earnings growth of 69% is required to achieve expected profit on schedule.Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS US$0.10 (vs US$0.095 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$84.9m (up 42% from 2Q 2020). Net income: US$11.2m (up US$21.9m from 2Q 2020). Profit margin: 13% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 05First quarter 2021 earnings released: US$0.023 loss per share (vs US$0.071 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$70.4m (up 10.0% from 1Q 2020). Net loss: US$2.61m (loss narrowed 67% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 31Full year 2020 earnings released: US$0.36 loss per share (vs US$0.78 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$246.3m (up 8.2% from FY 2019). Net loss: US$40.5m (loss narrowed 53% from FY 2019). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 15% per year.Executive Departure • Mar 18Director has left the companyOn the 12th of March, Gregory Lang's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Gregory's name. Gregory is the only executive to leave the company over the last 12 months.공시 • Mar 17Rambus Inc. Announces Board ChangesOn March 12, 2021, Gregory Lang informed the Board of Rambus Inc. that he would resign as a director, effective immediately. Mr. Lang's decision to resign from the Board was not because of any disagreement with the Company. On March 12, 2021, the Board appointed Mr. James A. Mitarotonda to serve as a Class I director of the Company. Subsequently, Mr. Mitarotonda was appointed to serve on the Board's audit committee.공시 • Mar 12Mixel, Rambus and Hardent Collaborate to Deliver Integrated MIPI Display Subsystem SolutionMixel, Inc., Rambus Inc. and Hardent, Inc. announced a solution for next-generation displays. This integrated solution brings together the IP of the three MIPI® Alliance member companies enabling rapid deployment of mobile, AR/VR and automotive displays leveraging MIPI DSI-2 technology. This optimized solution is available immediately and includes: MIPI C-PHYSM/D-PHYSM Combo from Mixel; MIPI DSI-2 Controller from Rambus; VESA Display Stream Compression from Hardent. Targeting display applications requiring high bandwidth and excellent power efficiency, this subsystem solution brings a significant improvement in overall throughput available with DSI-2. This level of integration using proven, broadly adopted IP sets a new benchmark for performance, ease of implementation, and time to market.Reported Earnings • Mar 02Full year 2020 earnings released: US$0.39 loss per share (vs US$0.81 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$242.7m (up 8.4% from FY 2019). Net loss: US$43.6m (loss narrowed 52% from FY 2019). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 19% per year.공시 • Feb 25Andes Technology Corporation and Rambus Inc. Announces Collaborate to offer Secure Solution for MCU and IoT ApplicationsAndes Technology Corporation announced a collaboration with Rambus Inc., a provider of industry-leading chips and silicon IP making data faster and safer, to develop a complete low-power, size-optimized secure solution for Microcontrollers (MCUs) and Internet of Thing (IoT) applications. According to Statista, the total number of connected IoT devices will grow to 21.5B units by 2025. As the IoT market has exploded, consumers and governments alike are demanding that device and data security requirements are a primary design requirement for all IoT devices. Accordingly, IoT device makers are increasingly demanding that MCUs be secure by design, offering “out of the box” security. To address these needs, Andes and Rambus are collaborating to offer a secure solution for MCUs embedded with Andes RISC-V -based CPU and Rambus Security Root of Trust. The Rambus Root of Trust securely boots the MCU, protects the device identity and offers authentication, secure debug, and other cryptographic services to the host system. All AndesCore RISC-V processors optimally leverage Rambus Root of Trust to offer these security services and reduce power for compute-intensive cryptographic operations. AndesCore RISC-V processors, based on AndeStar V5 RISC-V architecture, consists a series of high efficiency and low power 32-bit/64-bit CPU core families range from the entry-level N22, mid-range 25-series, advanced 27-series to high-performance superscalar 45-series. Andes RISC-V vector processor NX27V is designed for broad market segments of today's computation-intensive applications. Andes Custom Extension framework empowers customers to innovate Domain-Specific Acceleration via creating new instructions. AndesCore RISC-V processors have been used in a wide variety of SoCs ranging from microcontrollers to data center servers, and from edge to cloud applications.Is New 90 Day High Low • Feb 13New 90-day high: €17.80The company is up 37% from its price of €13.01 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 39% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.31 per share.공시 • Feb 09Rambus Inc. Announces Management ChangesOn February 5, 2021, Jae Kim, Senior Vice President, General Counsel and Secretary of Rambus Inc. tendered his resignation from the Company, to be effective as of February 19, 2021. In accordance with the Company's established succession plan, the Company appointed John Shinn to the position of Senior Vice President, General Counsel and Secretary, to be effective as of February 19, 2021.Reported Earnings • Feb 03Full year 2020 earnings released: US$0.39 loss per share (vs US$0.81 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$242.7m (up 8.4% from FY 2019). Net loss: US$43.6m (loss narrowed 52% from FY 2019). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year.공시 • Jan 28Rambus Inc.(NasdaqGS:RMBS) dropped from Russell 2000 Dynamic IndexRambus Inc.(NasdaqGS:RMBS) dropped from Russell 2000 Dynamic IndexIs New 90 Day High Low • Jan 09New 90-day high: €15.51The company is up 28% from its price of €12.10 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.36 per share.Is New 90 Day High Low • Dec 05New 90-day high: €13.57The company is up 18% from its price of €11.53 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.50 per share.Is New 90 Day High Low • Nov 05New 90-day high: €12.63The company is up 2.0% from its price of €12.38 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.67 per share.Reported Earnings • Nov 05Third quarter 2020 earnings released: US$0.11 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were flat. Third quarter 2020 results: Revenue: US$56.9m (flat on 3Q 2019). Net loss: US$12.8m (loss narrowed 26% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.이익 및 매출 성장 예측DB:RMB - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20281,107406497578412/31/2027981334377419912/31/202681827628733093/31/2026721230335366N/A12/31/2025708230333360N/A9/30/2025678229292319N/A6/30/2025645229262293N/A3/31/2025605207233269N/A12/31/2024557180200231N/A9/30/2024518176201226N/A6/30/2024478231193216N/A3/31/2024465364177196N/A12/31/2023461334173196N/A9/30/2023461291165192N/A6/30/2023468189195221N/A3/31/202347055203227N/A12/31/2022455-14210230N/A9/30/2022424-24229251N/A6/30/2022393-21199217N/A3/31/2022357-45197212N/A12/31/202132818195209N/A9/30/20212980163179N/A6/30/2021274-16155177N/A3/31/2021251-37156188N/A12/31/2020246-40156185N/A9/30/2020248-33156179N/A6/30/2020248-38144160N/A3/31/2020245-66129137N/A12/31/2019228-86N/A129N/A9/30/2019233-83N/A128N/A6/30/2019235-170N/A134N/A3/31/2019233-149N/A99N/A12/31/2018231-158N/A86N/A9/30/2018265-192N/A112N/A6/30/2018304-80N/A95N/A3/31/2018342-62N/A117N/A12/31/2017393-23N/A117N/A9/30/201738910N/A92N/A6/30/20173797N/A88N/A3/31/20173618N/A95N/A12/31/20163377N/A96N/A9/30/201631623N/A84N/A6/30/2016300201N/A88N/A3/31/2016296204N/A79N/A12/31/2015296211N/A77N/A9/30/2015292206N/A80N/A6/30/201528730N/A88N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: RMB 의 연간 예상 수익 증가율(20.1%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: RMB 의 연간 수익(20.1%)이 German 시장(17.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: RMB 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: RMB 의 수익(연간 14.5%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: RMB 의 수익(연간 14.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: RMB의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YSemiconductors 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 00:51종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Rambus Inc.는 18명의 분석가가 다루고 있습니다. 이 중 9명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Brett SimpsonArete Research Services LLPJames FontanelliArete Research Services LLPTristan GerraBaird15명의 분석가 더 보기
공시 • Apr 29Rambus Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2026Rambus Inc. provided earnings guidance for the second quarter ending June 30, 2026. For the quarter, the company expected royalty revenue to be between $72 million and $78 million, product revenue to be between $95 million and $101 million, and contract and other revenue to be between $19 million and $25 million.
공시 • Feb 03Rambus Inc. Provides Earnings Guidance for the First Quarter of 2026Rambus Inc. provided earnings guidance for the first quarter of 2026. For the first quarter of 2026, the Company expects licensing billings to be between $66 million and $72 million. The Company also expects royalty revenue to be between $61 million and $67 million, product revenue to be between $84 million and $90 million, and contract and other revenue to be between $21 million and $27 million. Revenue is not without risk and achieving revenue in this range will require that the Company sign customer agreements for various product sales and solutions licensing, among other matters.
공시 • Oct 28Rambus Inc. Provides Earnings Guidance for the Fourth Quarter of 2025Rambus Inc. provided earnings guidance for the fourth quarter of 2025. For the quarter, the company expects revenue to be between $184 million and $190 million. The Company expects licensing billings to be between $60 million and $66 million. The Company also expects royalty revenue to be between $59 million and $65 million, product revenue to be between $94 million and $100 million, and contract and other revenue to be between $25 million and $31 million.
공시 • Jul 29Rambus Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2025Rambus Inc. provided earnings guidance for the third quarter ending September 30, 2025. For the quarter, the company expects Product revenue (GAAP) of $87 million - $93 million. Contract and other revenue (GAAP) of $22 million - $28 million.
공시 • Apr 29Rambus Inc. Provides Earnings Guidance for the Second Quarter of 2025Rambus Inc. provided earnings guidance for the second quarter of 2025. For the quarter, the company expects GAAP product revenue to be between $77 million to $83 million and contract and other revenue to be between $17 million to $23 million.
공시 • Oct 29Rambus Inc. Provides Earnings Guidance for the Fourth Quarter of 2024Rambus Inc. provided earnings guidance for the fourth quarter of 2024. For the quarter, the company expects GAAP product revenue to be between $72 million to $78 million and contract and other revenue to be between $22 million to $28 million. The Company also expects royalty revenue to be between $54 million and $60 million.
Board Change • May 20Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Victor Peng was the last director to join the board, commencing their role in 2026. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • May 08Rambus Inc Introduces PCIe 7.0 Switch Ip With Time Division MultiplexingRambus Inc. announced the Rambus PCIe 7.0 Switch IP with Time Division Multiplexing, a new addition to its advanced interconnect IP portfolio designed to address the rapidly escalating bandwidth, latency, and scalability requirements of AI, cloud, and high-performance computing (HPC) systems. Rambus PCIe 7.0 Switch IP with Time Division Multiplexing enables efficient, scalable PCIe fabrics that optimize link utilization and reduce system complexity for scale up and scale out of distributed AI clusters and high-performance computing networks. Supports bandwidth scaling, low latency, and efficient data movement for AI, cloud, and HPC systems. Increases link utilization through intelligent traffic multiplexing, enabling simpler architectures and scalable disaggregated and pooled compute designs. Extends the Rambus PCIe IP portfolio which spans switches, controllers, retimers, and debug solutions to support next-generation AI infrastructure. As AI infrastructure grows in scale and architectural complexity, system designers are increasingly challenged to move massive volumes of data efficiently across CPUs, GPUs, accelerators, and NVMe storage. The Rambus PCIe 7.0 Switch IP with Time Division Multiplexing is architected to help meet these demands by enabling more flexible and efficient utilization of PCIe links, supporting emerging disaggregated and pooled compute architectures while maintaining low latency and deterministic performance. Built on the PCIe 7.0 specification, the Rambus newest switch IP is optimized for next-generation AI and data center SoCs that require extreme bandwidth density, advanced traffic management, and seamless scalability. By incorporating Time Division Multiplexing capabilities, the switch enables designers to intelligently schedule and multiplex traffic across shared links, helping maximize fabric utilization while supporting diverse workload profiles, from large-scale AI training to latency-sensitive inference and data movement. The Rambus PCIe 7.0 Switch IP with Time Division Multiplexing is designed to integrate seamlessly into ASIC platforms and complements Rambus’ PCIe 7.0 IP portfolio, which includes controllers, retimers, and debug solutions. These IP offerings help customers accelerate time-to-market while addressing the demanding performance, power, and reliability requirements of modern AI infrastructure. The Rambus PCIe 7.0 Switch IP with Time Division Multiplexing reinforces the company’s leadership in high-speed interface IP and its commitment to delivering differentiated interconnect technologies that help customers solve the most challenging problems in AI, cloud, and HPC Infrastructure.
공시 • May 02+ 1 more updateRambus Inc. Appoints Sumeet Gagneja as Chief Financial Officer, Effective April 29, 2026Rambus Inc. announced the appointment of Sumeet Gagneja as chief financial officer, effective April 29, 2026. Mr. Gagneja joins Rambus with more than two decades of financial and operational leadership across the semiconductor, data center, and AI-driven computing ecosystem. Mr. Gagneja will oversee the company’s global finance organization, including financial strategy, capital allocation, and investor engagement, reporting to president and chief executive officer Luc Seraphin. Mr. Gagneja most recently served as divisional CFO for AMD’s Data Center segment. Previously, he was CFO of Western Digital’s Flash business and held senior finance leadership roles at Xilinx, Innovium, Maxim Integrated, Avago, and Intel. Across these roles, he supported capital allocation, mergers and acquisitions, operational planning, and investor and analyst engagement, bringing a disciplined and execution-focused approach to scaling complex technology businesses. Gagneja holds a Master of Business Administration with high distinction from the University of Michigan Ross School of Business and a master’s degree in mechanical engineering from Wayne State University. He is a California Certified Public Accountant.
공시 • Apr 29Rambus Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2026Rambus Inc. provided earnings guidance for the second quarter ending June 30, 2026. For the quarter, the company expected royalty revenue to be between $72 million and $78 million, product revenue to be between $95 million and $101 million, and contract and other revenue to be between $19 million and $25 million.
공시 • Apr 23Rambus Inc. Enables Power-Efficient AI Platforms with SOCAMM2 Server Module ChipsetRambus Inc. announced a SOCAMM2 (Small Outline Compression Attached Memory Module) chipset designed to enable low-power, high-performance LPDDR5X-based memory modules for AI server platforms. The SOCAMM2 chipset represents the first step in a broader Rambus roadmap of LPDDR-based server module solutions, reflecting the company’s ongoing collaboration with industry partners to support new memory architectures optimized for evolving workloads in AI data center infrastructure. This new product family extends the comprehensive Rambus offering of complete memory interface chipsets for all JEDEC-standard DDR5 and LPDDR5 memory modules. SOCAMM2 memory modules, based on LPDDR technology, are emerging as an innovative architectural approach to address these challenges by delivering high performance with lower power consumption in a modular, serviceable, board area efficient form factor. The Rambus SOCAMM2 chipset is designed to support this transition by providing the critical control, telemetry, and power delivery functions required by JEDEC-standard SOCAMM2 memory modules in demanding AI server environments. SOCAMM2 replaces soldered LPDDR memory with detachable, upgradable modules that combine LPDDR efficiency with server-class serviceability in the data center. The Rambus LPDDR5X SOCAMM2 chipset supports reliable, power-efficient operation of LPDDR-based server memory modules at up to 9.6 Gb/s and includes: SPD Hub for module identification, configuration, and telemetry; 12-amp (A) and 3A voltage regulators for localized, efficient power conversion.
공시 • Apr 07Rambus Inc. to Report Q1, 2026 Results on Apr 27, 2026Rambus Inc. announced that they will report Q1, 2026 results on Apr 27, 2026
공시 • Mar 09Rambus Inc., Annual General Meeting, Apr 23, 2026Rambus Inc., Annual General Meeting, Apr 23, 2026.
공시 • Mar 05Rambus Inc. Sets New Benchmark For AI Memory Performance With HBM4E Controller IPRambus Inc. announced the industry’s leading HBM4E Memory Controller IP, extending its market leadership in HBM IP. This new solution delivers breakthrough performance with advanced reliability features enabling designers to address the demanding memory bandwidth requirements of next-generation AI accelerators and graphics processing units (GPUs). The Rambus HBM4E Controller enables a new generation of HBM memory deployments for cutting-edge AI accelerators, graphics and HPC applications. The HBM4E Controller is capable of supporting operation up to 16 Gigabits per second (Gbps) per pin providing an unprecedented throughput of 4.1 Terabytes per second (TB/s) to each memory device. For an AI accelerator with eight attached HBM4E devices, this translates to over 32 TB/s of memory bandwidth for next-generation AI workloads. The Rambus HBM4E Controller IP can be paired with third-party standard or TSV PHY solutions to instantiate a complete HBM4E memory subsystem in a 2.5D or 3D package as part of an AI SoC or custom base die solution. The Rambus HBM4E Controller IP is the latest addition to the Rambus leading-edge portfolio of digital controller solutions. The HBM4E Controller is available for licensing, and early access design customers can engage.
공시 • Feb 13Rambus Inc. Appoints Victor Peng to Board of Directors, Effective February 12, 2026Rambus Inc. announced the appointment of Victor Peng, Age 65, to its Board of Directors, effective February 12, 2026. Victor Peng is an accomplished executive with more than 40 years of leadership experience at top semiconductor companies. Most recently, Mr. Peng served as president of Advanced Micro Devices (AMD), leading AMD’s embedded and data center GPU businesses, AI software, and the research and advanced development group. Prior to AMD, Mr. Peng served 14 years at Xilinx, holding senior level positions including president and chief executive officer, board member, chief operating officer, executive vice president, and general manager of products. Mr. Peng currently serves on the Boards of KLA Corporation and Microchip Technology Inc. Mr. Peng holds a Master of Engineering in electrical engineering from Cornell University, and a Bachelor of Science in electrical engineering from Rensselaer Polytechnic Institute.
공시 • Feb 11+ 1 more updateRambus Inc. Announces Chief Financial Officer Changes, Effective February 27, 2026Rambus Inc. announced that Desmond Lynch, senior vice president and chief financial officer (CFO), will resign from Rambus effective February 27, 2026, to pursue another opportunity. A formal search has commenced for a new CFO. John Allen, current vice president and chief accounting officer at Rambus, will serve as interim CFO and ensure a seamless transition until a permanent successor has been appointed.
공시 • Feb 03Rambus Inc. Provides Earnings Guidance for the First Quarter of 2026Rambus Inc. provided earnings guidance for the first quarter of 2026. For the first quarter of 2026, the Company expects licensing billings to be between $66 million and $72 million. The Company also expects royalty revenue to be between $61 million and $67 million, product revenue to be between $84 million and $90 million, and contract and other revenue to be between $21 million and $27 million. Revenue is not without risk and achieving revenue in this range will require that the Company sign customer agreements for various product sales and solutions licensing, among other matters.
공시 • Jan 13Rambus Inc. to Report Q4, 2025 Results on Feb 02, 2026Rambus Inc. announced that they will report Q4, 2025 results on Feb 02, 2026
공시 • Oct 28Rambus Inc. Provides Earnings Guidance for the Fourth Quarter of 2025Rambus Inc. provided earnings guidance for the fourth quarter of 2025. For the quarter, the company expects revenue to be between $184 million and $190 million. The Company expects licensing billings to be between $60 million and $66 million. The Company also expects royalty revenue to be between $59 million and $65 million, product revenue to be between $94 million and $100 million, and contract and other revenue to be between $25 million and $31 million.
공시 • Oct 07Rambus Inc. to Report Q3, 2025 Results on Oct 27, 2025Rambus Inc. announced that they will report Q3, 2025 results on Oct 27, 2025
공시 • Jul 29Rambus Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2025Rambus Inc. provided earnings guidance for the third quarter ending September 30, 2025. For the quarter, the company expects Product revenue (GAAP) of $87 million - $93 million. Contract and other revenue (GAAP) of $22 million - $28 million.
공시 • Jul 08Rambus Inc. to Report Q2, 2025 Results on Jul 28, 2025Rambus Inc. announced that they will report Q2, 2025 results on Jul 28, 2025
공시 • May 14Rambus Delivers Industry-Leading Client Chipsets for Next-Generation AI PC Memory ModulesRambus Inc. announced the availability of complete client chipsets for next-generation AI PC memory modules, featuring two new Power Management ICs (PMICs) for client computing. PMICs are critical to efficiently power memory modules providing breakthrough levels of performance for advanced computing applications. The two new Rambus PMICs are the PMIC5200, for LPDDR5 CAMM2 (LPCAMM2) memory modules and the PMIC5120, which supports DDR5 CSODIMMs and CUDIMMs. These PMICs, alongside the Client Clock Driver (CKD) and Serial Presence Detect Hub (SPD Hub), comprise a complete chipset offering to enable memory modules for AI PC notebooks, desktops and workstations. Further, with the addition of these new PMICs, Rambus now offers complete memory interface chipsets for all JEDEC standard DDR5 and LPDDR5 memory modules for both servers and clients.
공시 • Apr 29Rambus Inc. Provides Earnings Guidance for the Second Quarter of 2025Rambus Inc. provided earnings guidance for the second quarter of 2025. For the quarter, the company expects GAAP product revenue to be between $77 million to $83 million and contract and other revenue to be between $17 million to $23 million.
공시 • Apr 08Rambus Inc. to Report Q1, 2025 Results on Apr 28, 2025Rambus Inc. announced that they will report Q1, 2025 results on Apr 28, 2025
공시 • Mar 11Rambus Inc. Enhances Data Center and AI Protection with Next-Gen CryptoManager Security IP SolutionsRambus Inc. announced the introduction of its next-generation CryptoManager Security IP solutions including Root of Trust, Hub and Core families. The CryptoManager Security IP offerings deliver progressively higher levels of functional integration and security, enabling customers to choose the level of security features and capabilities best suited to their unique requirements. The CryptoManager Root of Trust delivers a fully-turnkey solution and offers the industry's first Quantum Safe boot flow. The CryptoManager Hub provides the ideal combination of proven cryptographic building blocks for customers designing their own root of trust or secure processor. With support for a broad set of security functionality and certifications, Rambus CryptoManager Security IP solutions help customers accelerate the time to market of chips for the data center, AI and other advanced applications. CryptoManager Security IP solutions include: CryptoManager Root of Trust products offer fully programmable security processor functionality including multithreading and multi-host capabilities. A complete turnkey solution, the CryptoManager Root of Trust family represents the highest level of security integration with advanced anti-tamper and Quantum Safe protection for boot and HW acceleration. CryptoManager Hub products are the ultimate solution for customers looking to build their own Root of Trust or security processor, ensuring unparalleled protection and performance. CryptoManager Hub products feature a suite of symmetric, asymmetric, and Quantum Safe cryptographic accelerators along with certified true random number generators designed to meet the highest security standards for a broad set of applications. CryptoManager Core products are a suite of symmetric cryptographic accelerators designed to provide unmatched flexibility for customers building their own Root of Trust solutions.
공시 • Feb 25Rambus Inc., Annual General Meeting, Apr 25, 2025Rambus Inc., Annual General Meeting, Apr 25, 2025.
공시 • Jan 15Rambus Inc. to Report Q4, 2024 Results on Feb 03, 2025Rambus Inc. announced that they will report Q4, 2024 results on Feb 03, 2025
Board Change • Dec 30Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Steve Laub was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Nov 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €51.66, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 12x in the Semiconductor industry in Germany. Total returns to shareholders of 145% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €54.87 per share.
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: US$0.45 (vs US$0.95 in 3Q 2023)Third quarter 2024 results: EPS: US$0.45 (down from US$0.95 in 3Q 2023). Revenue: US$145.5m (up 38% from 3Q 2023). Net income: US$48.7m (down 53% from 3Q 2023). Profit margin: 33% (down from 98% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
공시 • Oct 29Rambus Inc. Provides Earnings Guidance for the Fourth Quarter of 2024Rambus Inc. provided earnings guidance for the fourth quarter of 2024. For the quarter, the company expects GAAP product revenue to be between $72 million to $78 million and contract and other revenue to be between $22 million to $28 million. The Company also expects royalty revenue to be between $54 million and $60 million.
공시 • Oct 15Rambus Inc. Unveils Complete Chipsets for Next-Generation DDR5 RDIMMs and RDIMMs to Deliver Breakthrough Performance for Data Center and AIRambus Inc. unveiled industry-first, complete memory interface chipsets for Gen5 DDR5 RDIMMs and next-generation DDR5 Multiplexed Rank Dual Inline Memory Modules (MRDIMMs). These innovative new products for RDIMMs and MRDIMMs will seamlessly extend DDR5 performance with unparalleled bandwidth and memory capacity for compute-intensive data center and AI workloads. The new Rambus chips include: The Gen5 Registering Clock Driver (RCD), enabling RDIMMs operating at 8000 megatransfers per second (MT/s). The Multiplexed Registering Clock Driver (MRCD) and Multiplexed Data Buffer (MDB), enabling upcoming MRDIMMs running at speeds up to 12,800 MT/s by doubling the bandwidth of the DIMM beyond the native DRAM device speed. The second-generation server Power Management IC (PMIC5030) designed for both DDR5 RDIMM 8000 and MRDIMM 12800, providing ultra-high current at low voltage to support higher speeds and more DRAM and logic chips per module. Enabling flexible and scalable end-user server configuration, the DDR5 RDIMM 8 and industry-standard MRDIMM 12800 utilize a common architecture with compatibility across server platforms. The DDR5 RDIMM 8000 chipset includes the Gen5 RCD, PMIC5030, Serial Presence Detect (SPD) Hub and Temperature Sensor (TS) chips. The DDR5 MRDIMM 12800 chipset includes the MRCD and MDB, as well as the same PMIC5030, SPD Hub and TS chips utilized in the RDIMM 8800. The DDR5 MRDIMM 12800 employs a novel and efficient module design that boosts data transfer rates and system performance by multiplexing two ranks of DRAM, effectively interleaving the two data streams. This allows the host memory bus to run at twice the data rate of the native DRAM devices, thus increasing bandwidth while using the same physical connections of DDR5 RDIMM 12800. This requires an MRCD that can address the two ranks of DRAMs on alternative clock cycles, as well as MDBs to direct the data stream to and from the correct DRAM devices. Each DDR5 RDIMM 12 800 requires one MRCD and ten MDB chips to multiplex the memory channel. The MRCD and MDB will also support a Tall MRDIMM form factor with four ranks of DDR5 DRAMs for double the capacity of a dual- rank RDIMM in a cost-effective manner. The Gen5 RCD, MRCD, MRCD, MDB and PMIC5030 are part of the growing Rambus portfolio of memory interface and power management solutions including Gen1 to Gen4 RCD, Client Clock Driver (CKD), Server PMIC, SPD Hub, and TS chips.
공시 • Oct 09Rambus Inc. to Report Q3, 2024 Results on Oct 28, 2024Rambus Inc. announced that they will report Q3, 2024 results on Oct 28, 2024
Buy Or Sell Opportunity • Sep 06Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 31% to €35.61. The fair value is estimated to be €44.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 9.5% per annum over the same time period.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €38.21, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €44.16 per share.
공시 • Jul 31Rambus Inc. Provides Earnings Guidance for the Third Quarter of 2024Rambus Inc. provided earnings guidance for the third quarter of 2024 . For the quarter, the company expects GAAP product revenue to be between $62 million to $68 million and contract and other revenue to be between $17 million to $23 million. The Company also expects royalty revenue to be between $59 million and $65 million.
Reported Earnings • Jul 30Second quarter 2024 earnings released: EPS: US$0.34 (vs US$1.55 in 2Q 2023)Second quarter 2024 results: EPS: US$0.34 (down from US$1.55 in 2Q 2023). Revenue: US$132.1m (up 10% from 2Q 2023). Net income: US$36.1m (down 79% from 2Q 2023). Profit margin: 27% (down from 141% in 2Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 6.2% per year for the foreseeable future. High level of non-cash earnings (35% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Significant insider selling over the past 3 months (€598k sold).
공시 • Jul 09Rambus Inc. to Report Q2, 2024 Results on Jul 29, 2024Rambus Inc. announced that they will report Q2, 2024 results on Jul 29, 2024
Recent Insider Transactions • May 09Independent Director recently sold €598k worth of stockOn the 8th of May, Eric Stang sold around 11k shares on-market at roughly €52.45 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.0m more than they bought in the last 12 months.
New Risk • May 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 35% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 30% per year for the foreseeable future. High level of non-cash earnings (35% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change).
공시 • Apr 30Rambus Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2024Rambus Inc. provided earnings guidance for the second quarter ending June 30, 2024. For the quarter, the company expects GAAP product revenue to be between $52 million to $58 million and contract and other revenue to be between $17 million to $23 million. The Company also expects royalty revenue to be between $55 million and $61 million.
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: US$0.30 (vs US$0.03 in 1Q 2023)First quarter 2024 results: EPS: US$0.30 (up from US$0.03 in 1Q 2023). Revenue: US$117.9m (up 3.6% from 1Q 2023). Net income: US$32.9m (up US$29.6m from 1Q 2023). Profit margin: 28% (up from 2.9% in 1Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.
공시 • Apr 30Rambus Expands Chipset for Advanced Data Center Memory Modules with Ddr5 Server PMICsRambus Inc. announced the availability of its new family of DDR5 server Power Management ICs (PMICs), including an extreme current device for high-performance applications. With this new family of server PMICs, Rambus offers module manufacturers a complete DDR5 RDIMM memory interface chipset supporting a broad range of data center use cases. The PMIC is a critical component in the DDR5 memory architecture, enabling more memory channels, higher capacity modules and greater bandwidth. The Rambus DDR5 server PMIC family includes products for the JEDEC extreme current (PMIC5020), high current (PMIC5000) and low current (PMIC5010) specifications. The Rambus PMIC5020 will enable future generations of DDR5 RDIMM delivering new benchmarks for performance and capacity. This new family of Rambus server PMICs, together with Rambus DDR5 RCD, SPD Hub and Temperature Sensor ICs, comprise a complete memory interface chipset for a broad range of DDR5 RDIMM configurations and use cases.
Buy Or Sell Opportunity • Apr 13Now 25% overvaluedOver the last 90 days, the stock has fallen 3.8% to €57.86. The fair value is estimated to be €46.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are forecast to decline by 13% per annum over the same time period.
공시 • Apr 09Rambus Inc. to Report Q1, 2024 Results on Apr 29, 2024Rambus Inc. announced that they will report Q1, 2024 results on Apr 29, 2024
공시 • Mar 09Rambus Inc., Annual General Meeting, Apr 25, 2024Rambus Inc., Annual General Meeting, Apr 25, 2024, at 09:00 Pacific Standard Time.
New Risk • Feb 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 13% per year for the foreseeable future. High level of non-cash earnings (30% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change).
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €54.10, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 20x in the Semiconductor industry in Germany. Total returns to shareholders of 202% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €45.26 per share.
Reported Earnings • Feb 06Full year 2023 earnings released: EPS: US$3.09 (vs US$0.13 loss in FY 2022)Full year 2023 results: EPS: US$3.09 (up from US$0.13 loss in FY 2022). Revenue: US$461.1m (up 1.4% from FY 2022). Net income: US$333.9m (up US$348.2m from FY 2022). Profit margin: 72% (up from net loss in FY 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.
공시 • Jan 16Rambus Inc. to Report Q4, 2023 Results on Feb 05, 2024Rambus Inc. announced that they will report Q4, 2023 results on Feb 05, 2024
공시 • Dec 28Rambus Advances Data Center Server Performance with Industry-First Gen4 DDR5 RCDRambus Inc. announced the availability of its Gen4 DDR5 Registering Clock Driver (RCD) which began sampling to the major DDR5 memory module (RDIMM) manufacturers in the fourth quarter of 2023. The Rambus Gen4 RCD boosts the data rate to 7200 MT/s, setting a new benchmark for performance and enabling a 50% increase in memory bandwidth over today’s 4800 MT/s DDR5 module solutions. It supports the rapid pace of server main memory performance improvements to meet the demands of generative AI and other advanced data center workloads. Rambus DDR5 memory interface chips including the RCD, Serial Presence Detect (SPD) Hub and Temperature Sensors are important in achieving a new level of performance for servers. With over 30 years of high-performance memory experience, Rambus is renowned for its signal integrity (SI) /power integrity (PI) expertise. This expertise helps enable DDR5 memory interface chips delivering superior performance and reliability for data center server RDIMMs. The Rambus 7200 MT/s DDR5 RCD is available December 27, 2023.
Valuation Update With 7 Day Price Move • Nov 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €62.50, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 375% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €38.07 per share.
Recent Insider Transactions • Nov 12Independent Director recently sold €448k worth of stockOn the 8th of November, Emiko Higashi sold around 8k shares on-market at roughly €56.03 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €878k. Insiders have been net sellers, collectively disposing of €6.3m more than they bought in the last 12 months.
New Risk • Nov 06New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 14% per year for the foreseeable future. High level of non-cash earnings (24% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Significant insider selling over the past 3 months (€1.3m sold).
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: US$0.95 (vs US$0.009 in 3Q 2022)Third quarter 2023 results: EPS: US$0.95 (up from US$0.009 in 3Q 2022). Revenue: US$105.3m (down 6.2% from 3Q 2022). Net income: US$103.2m (up US$102.3m from 3Q 2022). Profit margin: 98% (up from 0.8% in 3Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 31New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.6% average weekly change). Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (€1.3m sold).
New Risk • Oct 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.7% average weekly change). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (€1.3m sold).
공시 • Oct 12Rambus Inc. to Report Q3, 2023 Results on Oct 30, 2023Rambus Inc. announced that they will report Q3, 2023 results on Oct 30, 2023
공시 • Sep 08Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of Rambus SerDes and memory interface PHY IP business from Rambus Inc. (NasdaqGS:RMBS).Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a definitive agreement to acquire Rambus SerDes and memory interface PHY IP business from Rambus Inc. (NasdaqGS:RMBS) for $110 million on July 19, 2023. The transaction is expected to be funded through a combination of cash on hand and short-term borrowings. It is subject to certain closing conditions and is expected to close in the third calendar quarter of 2023. Robert Ishii and Ethan Lutske of Wilson Sonsini acted as legal advisor to Rambus on the transaction. Mark Bekheit and Ian Nussbaum of Latham & Watkins LLP acted as legal advisor to Cadence Design Systems. Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of Rambus SerDes and memory interface PHY IP business from Rambus Inc. (NasdaqGS:RMBS) September 6, 2023.
Recent Insider Transactions • Aug 31Senior VP & COO recently sold €878k worth of stockOn the 29th of August, Xianzhi Fan sold around 17k shares on-market at roughly €50.71 per share. This transaction amounted to 9.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Xianzhi has been a net seller over the last 12 months, reducing personal holdings by €5.1m.
공시 • Aug 23Rambus Inc. Announces Full Suite of Security IP Solutions for the FPGA Market with Cryptographic, Side-Channel, and Quantum Safe ProtectionsRambus Inc. announced a full suite of Security IP solutions for the FPGA market with cryptographic, side-channel, and Quantum Safe protections. Designed to meet the unique needs of FPGAs, the offering secures the broad range of devices from high-performance accelerators for generative AI, to low-power solutions for IoT devices. Rambus security IP protects FPGAs serving applications in the Data Center, AI/ML, Edge, IoT, Defense, and beyond. As part of the portfolio, Rambus offers advanced FPGA targeted security IP products including root of trust, 800G MACsec, IPsec, classic and quantum safe public key encryption solutions. Leveraging pioneering work in differential power analysis (DPA) and fault injection attack (FIA) countermeasures, Rambus security IP delivers the highest levels of protection available against both cryptographic and side-channel attacks. With new Quantum Safe security IP products, Rambus futureproofs the protection of FPGAs for the coming Post Quantum Cryptography (PQC) era.
Recent Insider Transactions • Aug 20Independent Director recently sold €417k worth of stockOn the 16th of August, Eric Stang sold around 9k shares on-market at roughly €48.81 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.3m more than they bought in the last 12 months.
공시 • Aug 05Rambus Inc. Appoints John Allen as Chief Accounting OfficerOn July 27, 2023, Rambus Inc. appointed John Allen to the position of Vice President, Accounting and Chief Accounting Officer, effective as of August 1, 2023. Mr. Allen currently serves as the Company’s Vice President, Accounting and has served in that role since March 2023. Previously, Mr. Allen served as Senior Vice President, Corporate Controller of Xperi Inc., a consumer and entertainment technology company, from 2012 to March 2023. Mr. Allen received a BA degree in Business Economics from the University of California, Santa Barbara in 1985.
Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: US$1.55 (vs US$0.32 in 2Q 2022)Second quarter 2023 results: EPS: US$1.55 (up from US$0.32 in 2Q 2022). Revenue: US$119.8m (down 1.1% from 2Q 2022). Net income: US$168.9m (up 382% from 2Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth.
공시 • Aug 01Rambus Inc. Provides Earnings Guidance for the Third Quarter of 2023Rambus Inc. provided earnings guidance for the third quarter of 2023. For the quarter, the company expects GAAP product revenue to be between $47 million to $53 million and contract and other revenue to be between $17 million to $23 million.
공시 • Jul 13Rambus Delivers Quantum Safe IP Solutions with Next-Generation Root of Trust for Data Center SecurityRambus Inc. announced the first in a family of Quantum Safe security IP products with its next-generation Root of Trust for data center and communications security. Quantum computers will be able to rapidly break current asymmetric encryption, placing important data and assets at risk. The Rambus Root of Trust IP offers customers a complete Post Quantum Cryptography (PQC) hardware security solution that protects valuable data center and AI/ML assets and systems. Rambus Root of Trust IP with Quantum Safe Cryptography uses the quantum-compute resistant cryptographic algorithms selected by the National Institute of Standards and Technology (NIST): CRYSTALS-Kyber for key-encapsulation and CRYSTALS-Dilithium for digital signatures. In addition, Rambus Root of Trust IP supports the Commercial National Security Algorithm Suite (CNSA) algorithms for software and firmware updates including XMSS/LMS stateful hash firmware signatures, CNSA symmetric-key algorithms, and CNSA quantum-resistant public-key algorithms. Rambus Quantum Safe Root of Trust Features: Programmable 32-bit secure processor, Quantum Safe Encryption engine, Open Compute Project (OCP) Caliptra Root of Trust for Measurement with DICE and X.509 support, True Random Number Generator (TRNG) and Physical Unclonable Function (PUF) entropy source, Secure data store, FIPS 140-3 CAVP and CMVP compliant, and SDK for user development of secure and trusted applications.
공시 • Jun 25Rambus Inc.(NasdaqGS:RMBS) dropped from Russell 2000 Value-Defensive IndexRambus Inc.(NasdaqGS:RMBS) dropped from Russell 2000 Value-Defensive Index
Board Change • May 17Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Steve Laub was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 03First quarter 2023 earnings released: EPS: US$0.03 (vs US$0.60 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.03 (up from US$0.60 loss in 1Q 2022). Revenue: US$113.8m (up 15% from 1Q 2022). Net income: US$3.28m (up US$69.5m from 1Q 2022). Profit margin: 2.9% (up from net loss in 1Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Feb 15Independent Director recently sold €122k worth of stockOn the 10th of February, Necip Sayiner sold around 3k shares on-market at roughly €42.63 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.9m. Insiders have been net sellers, collectively disposing of €4.6m more than they bought in the last 12 months.
Reported Earnings • Feb 07Full year 2022 earnings released: US$0.13 loss per share (vs US$0.17 profit in FY 2021)Full year 2022 results: US$0.13 loss per share (down from US$0.17 profit in FY 2021). Revenue: US$454.8m (up 39% from FY 2021). Net loss: US$14.3m (down 178% from profit in FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
공시 • Feb 07Rambus Inc. Provides Earnings Guidance for the First Quarter of 2023Rambus Inc. provided earnings guidance for the first quarter of 2023. For the quarter, the company expects GAAP product revenue to be between $57 million to $63 million and contract and other revenue to be between $19 million to $25 million.
Recent Insider Transactions • Nov 17Senior VP & COO recently sold €1.9m worth of stockOn the 15th of November, Xianzhi Fan sold around 52k shares on-market at roughly €37.07 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Xianzhi's only on-market trade for the last 12 months.
Recent Insider Transactions • Nov 05Independent Director recently sold €263k worth of stockOn the 3rd of November, Eric Stang sold around 8k shares on-market at roughly €35.09 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: US$0.009 (vs US$0.034 in 3Q 2021)Third quarter 2022 results: EPS: US$0.009 (down from US$0.034 in 3Q 2021). Revenue: US$112.2m (up 38% from 3Q 2021). Net income: US$939.0k (down 75% from 3Q 2021). Profit margin: 0.8% (down from 4.5% in 3Q 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Aug 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 6.9%. The fair value is estimated to be €30.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 76%.
Reported Earnings • Aug 02Second quarter 2022 earnings released: EPS: US$0.32 (vs US$0.10 in 2Q 2021)Second quarter 2022 results: EPS: US$0.32 (up from US$0.10 in 2Q 2021). Revenue: US$121.1m (up 43% from 2Q 2021). Net income: US$35.0m (up 214% from 2Q 2021). Profit margin: 29% (up from 13% in 2Q 2021). Over the next year, revenue is forecast to grow 43%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 04First quarter 2022 earnings released: US$0.60 loss per share (vs US$0.023 loss in 1Q 2021)First quarter 2022 results: US$0.60 loss per share (down from US$0.023 loss in 1Q 2021). Revenue: US$99.1m (up 41% from 1Q 2021). Net loss: US$66.2m (loss widened US$63.6m from 1Q 2021). Over the next year, revenue is forecast to grow 55%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Apr 23Now 21% undervaluedOver the last 90 days, the stock is up 8.9%. The fair value is estimated to be €30.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 20% per annum. Earnings is also forecast to grow by 45% per annum over the same time period.
Reported Earnings • Feb 08Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$0.17 (up from US$0.36 loss in FY 2020). Revenue: US$328.3m (up 33% from FY 2020). Net income: US$18.3m (up US$58.8m from FY 2020). Profit margin: 5.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 54%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Feb 04Now 21% undervaluedOver the last 90 days, the stock is up 5.0%. The fair value is estimated to be US$27.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% per annum over the last 3 years. The company has become profitable over the last year.
Buying Opportunity • Jan 20Now 20% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be US$29.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% per annum over the last 3 years. The company has become profitable over the last year.
Reported Earnings • Nov 02Third quarter 2021 earnings released: EPS US$0.034 (vs US$0.11 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$81.3m (up 43% from 3Q 2020). Net income: US$3.68m (up US$16.5m from 3Q 2020). Profit margin: 4.5% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
Breakeven Date Change • Sep 23Forecast to breakeven in 2021The 4 analysts covering Rambus expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$23.2m in 2021. Earnings growth of 69% is required to achieve expected profit on schedule.
Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS US$0.10 (vs US$0.095 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$84.9m (up 42% from 2Q 2020). Net income: US$11.2m (up US$21.9m from 2Q 2020). Profit margin: 13% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 05First quarter 2021 earnings released: US$0.023 loss per share (vs US$0.071 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$70.4m (up 10.0% from 1Q 2020). Net loss: US$2.61m (loss narrowed 67% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 31Full year 2020 earnings released: US$0.36 loss per share (vs US$0.78 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$246.3m (up 8.2% from FY 2019). Net loss: US$40.5m (loss narrowed 53% from FY 2019). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 15% per year.
Executive Departure • Mar 18Director has left the companyOn the 12th of March, Gregory Lang's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Gregory's name. Gregory is the only executive to leave the company over the last 12 months.
공시 • Mar 17Rambus Inc. Announces Board ChangesOn March 12, 2021, Gregory Lang informed the Board of Rambus Inc. that he would resign as a director, effective immediately. Mr. Lang's decision to resign from the Board was not because of any disagreement with the Company. On March 12, 2021, the Board appointed Mr. James A. Mitarotonda to serve as a Class I director of the Company. Subsequently, Mr. Mitarotonda was appointed to serve on the Board's audit committee.
공시 • Mar 12Mixel, Rambus and Hardent Collaborate to Deliver Integrated MIPI Display Subsystem SolutionMixel, Inc., Rambus Inc. and Hardent, Inc. announced a solution for next-generation displays. This integrated solution brings together the IP of the three MIPI® Alliance member companies enabling rapid deployment of mobile, AR/VR and automotive displays leveraging MIPI DSI-2 technology. This optimized solution is available immediately and includes: MIPI C-PHYSM/D-PHYSM Combo from Mixel; MIPI DSI-2 Controller from Rambus; VESA Display Stream Compression from Hardent. Targeting display applications requiring high bandwidth and excellent power efficiency, this subsystem solution brings a significant improvement in overall throughput available with DSI-2. This level of integration using proven, broadly adopted IP sets a new benchmark for performance, ease of implementation, and time to market.
Reported Earnings • Mar 02Full year 2020 earnings released: US$0.39 loss per share (vs US$0.81 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$242.7m (up 8.4% from FY 2019). Net loss: US$43.6m (loss narrowed 52% from FY 2019). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 19% per year.
공시 • Feb 25Andes Technology Corporation and Rambus Inc. Announces Collaborate to offer Secure Solution for MCU and IoT ApplicationsAndes Technology Corporation announced a collaboration with Rambus Inc., a provider of industry-leading chips and silicon IP making data faster and safer, to develop a complete low-power, size-optimized secure solution for Microcontrollers (MCUs) and Internet of Thing (IoT) applications. According to Statista, the total number of connected IoT devices will grow to 21.5B units by 2025. As the IoT market has exploded, consumers and governments alike are demanding that device and data security requirements are a primary design requirement for all IoT devices. Accordingly, IoT device makers are increasingly demanding that MCUs be secure by design, offering “out of the box” security. To address these needs, Andes and Rambus are collaborating to offer a secure solution for MCUs embedded with Andes RISC-V -based CPU and Rambus Security Root of Trust. The Rambus Root of Trust securely boots the MCU, protects the device identity and offers authentication, secure debug, and other cryptographic services to the host system. All AndesCore RISC-V processors optimally leverage Rambus Root of Trust to offer these security services and reduce power for compute-intensive cryptographic operations. AndesCore RISC-V processors, based on AndeStar V5 RISC-V architecture, consists a series of high efficiency and low power 32-bit/64-bit CPU core families range from the entry-level N22, mid-range 25-series, advanced 27-series to high-performance superscalar 45-series. Andes RISC-V vector processor NX27V is designed for broad market segments of today's computation-intensive applications. Andes Custom Extension framework empowers customers to innovate Domain-Specific Acceleration via creating new instructions. AndesCore RISC-V processors have been used in a wide variety of SoCs ranging from microcontrollers to data center servers, and from edge to cloud applications.
Is New 90 Day High Low • Feb 13New 90-day high: €17.80The company is up 37% from its price of €13.01 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 39% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.31 per share.
공시 • Feb 09Rambus Inc. Announces Management ChangesOn February 5, 2021, Jae Kim, Senior Vice President, General Counsel and Secretary of Rambus Inc. tendered his resignation from the Company, to be effective as of February 19, 2021. In accordance with the Company's established succession plan, the Company appointed John Shinn to the position of Senior Vice President, General Counsel and Secretary, to be effective as of February 19, 2021.
Reported Earnings • Feb 03Full year 2020 earnings released: US$0.39 loss per share (vs US$0.81 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$242.7m (up 8.4% from FY 2019). Net loss: US$43.6m (loss narrowed 52% from FY 2019). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year.
공시 • Jan 28Rambus Inc.(NasdaqGS:RMBS) dropped from Russell 2000 Dynamic IndexRambus Inc.(NasdaqGS:RMBS) dropped from Russell 2000 Dynamic Index
Is New 90 Day High Low • Jan 09New 90-day high: €15.51The company is up 28% from its price of €12.10 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.36 per share.
Is New 90 Day High Low • Dec 05New 90-day high: €13.57The company is up 18% from its price of €11.53 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.50 per share.
Is New 90 Day High Low • Nov 05New 90-day high: €12.63The company is up 2.0% from its price of €12.38 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.67 per share.
Reported Earnings • Nov 05Third quarter 2020 earnings released: US$0.11 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were flat. Third quarter 2020 results: Revenue: US$56.9m (flat on 3Q 2019). Net loss: US$12.8m (loss narrowed 26% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.