B+
Bull case
25%
Probability
Target price
$119.00
Analysis reference price unavailable
Analysis 2026-10-15 · RankAlpha Sentiment Codex
RMBS
RambusANasdaq / Semiconductors & Semiconductor Equipment
Last Price
Quote time unavailable
Current thesis
Q2 revenue rose 20% year over year to $207.4 million, product revenue reached $99.2 million, and Q3 product-revenue guidance implies further sequential growth. Durable DDR5 adoption could extend that momentum.
Posture
Constructive
Lead driver
Sentiment
What changed
Next scheduled catalyst: earnings 2026-10-26 · AMC.
What can break
DDR5 and PCIe 7 offering announcements do not establish sustained customer adoption or quantified future revenue. [#SEC-8K-2026-07-27]
Momentum
58
Value
59
Sentiment
65
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $99.00 · Bull $119.00 · Bear $74.00Analysis 2026-10-15; returns require an exact persisted reference.
Earnings
2026-10-26 · AMC
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-15 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-23
Investment thesis
As of 2026-10-23
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions
Supporting evidence
What
Grade A · Constructive
Confidence Medium · Net Neutral
Target $141.57
Why
Momentum58 · Δ7d -19.3
Value59 · Δ7d -0.0
Sentiment65 · Δ7d +3.2
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Confirming evidence
- • Next scheduled catalyst: earnings 2026-10-26 · AMC.
- • Sentiment remains the lead driver in the composite, 7D delta +3.2.
Contradictions & invalidation
- • DDR5 and PCIe 7 offering announcements do not establish sustained customer adoption or quantified future revenue. [#SEC-8K-2026-07-27]
- • Guided Q3 royalty revenue is below Q2's $84.2 million, raising revenue-mix and licensing-volatility risk. [#SEC-8K-2026-07-27]
- • Q3 guidance depends partly on signing customer agreements; guided royalty revenue of $69 million–$75 million is below Q2's $84.2 million.
Catalyst clock
2026-10-26 · AMC
October 26 Q3 results test product-revenue guidance
Lead driver: Sentiment · See AI snapshot
Momentum
58
8% active weight
Current posture
7d trendSoftening
Δ7d
-19.3
Δ21d
-3.0
Value
59
47% active weight
Current posture
7d trendFlat
Δ7d
-0.0
Δ21d
+1.2
Sentiment
65
45% active weight
Current posture
7d trendFlat
Δ7d
+3.2
Δ21d
+11.0
Why this grade
Composite grade A. Momentum 58.1 / Value 59.0 / Sentiment 65.1
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-15. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$99.00
Analysis reference price unavailable
Analysis 2026-10-15 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$74.00
Analysis reference price unavailable
Analysis 2026-10-15 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-23
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$9.29B
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 2026-10-23 • Updated nightlySource: Internal modelMethods & Data