B+
Bull case
25%
Probability
Target price
$165.00
Analysis reference price unavailable
Analysis 2026-04-28 · RankAlpha Sentiment Codex
RMBS
RambusBNasdaq / Semiconductors & Semiconductor Equipment
Last Price
Quote time unavailable
Current thesis
The cleanest bull read is that Rambus is still converting AI-memory demand into product growth: Q1 product revenue rose 15% year over year to $88.0M, Q2 product revenue was guided higher to $95M-$101M, and the HBM4E launch reinforces relevance in next-generation AI memory subsystems. [#8-K-2026-04-27] [#PR-2026-03-04]
Posture
Constructive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta 0.0.
What can break
GAAP operating margin compressed to 34% from 38% a year earlier, and total operating expenses rose to $81.9M from $70.7M. [#8-K-2026-04-27]
Momentum
14
Value
59
Sentiment
77
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $145.00 · Bull $165.00 · Bear $120.00Analysis 2026-04-28; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-04-28 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-09
Investment thesis
As of 2026-09-09
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Target $142.50
Why
Momentum14 · Δ7d -5.1
Value59 · Δ7d 0.0
Sentiment77 · Δ7d 0.0
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Confirming evidence
- • Sentiment remains the lead driver in the composite, 7D delta 0.0.
Contradictions & invalidation
- • GAAP operating margin compressed to 34% from 38% a year earlier, and total operating expenses rose to $81.9M from $70.7M. [#8-K-2026-04-27]
- • Q2 revenue guidance depends on signing customer agreements for product sales and solutions licensing, creating execution risk even after a solid Q1. [#8-K-2026-04-27]
- • The bear read is that the stock had outrun the fundamentals into the print: royalties declined year over year, GAAP operating margin fell to 34% from 38%, and management acknowledged Q2 revenue depends on closing customer agreements.
Catalyst clock
2026-04-28
Q1 earnings reset near-term expectations [#8-K-2026-04-27]
Lead driver: Sentiment · See AI snapshot
Momentum
14
9% active weight
Current posture
7d trendSoftening
Δ7d
-5.1
Δ21d
+7.0
Value
59
28% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
-1.0
Sentiment
77
62% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
0.0
Why this grade
Composite grade B. Momentum 14.3 / Value 59.2 / Sentiment 77.0
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-04-28. Scenario method
Most likely
B
Base case
45%
Probability
Target price
$145.00
Analysis reference price unavailable
Analysis 2026-04-28 · RankAlpha Sentiment Codex
B-
Bear case
30%
Probability
Target price
$120.00
Analysis reference price unavailable
Analysis 2026-04-28 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-08-17
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$10.91B
Beta
1.52
Shares Out
108.46M
P/E (TTM)
46.3
P/S (TTM)
15.47
P/FCF (TTM)
35.90
Rev YoY
+20.4%
EPS YoY
+15.1%
Gross Margin
+74.5%
Op Margin
+35.9%
Net Debt
-$736.85M
Current Ratio
9.75
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data