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Rambus Inc has a consensus price target of $60.75 based on the ratings of 8 analysts. The high is $85 issued by Rosenblatt on October 29, 2024. The low is $28 issued by Credit Suisse on February 8, 2022. The 3 most-recent analyst ratings were released by Loop Capital, Wells Fargo, and Rosenblatt on November 11, 2024, November 6, 2024, and October 29, 2024, respectively. With an average price target of $72.33 between Loop Capital, Wells Fargo, and Rosenblatt, there's an implied 32.72% upside for Rambus Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Rambus (NASDAQ:RMBS) was reported by Loop Capital on November 11, 2024. The analyst firm set a price target for $70.00 expecting RMBS to rise to within 12 months (a possible 29.65% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Rambus (NASDAQ:RMBS) was provided by Loop Capital, and Rambus initiated their buy rating.
The last upgrade for Rambus Inc happened on May 18, 2023 when Jefferies raised their price target to $65. Jefferies previously had a hold for Rambus Inc.
There is no last downgrade for Rambus.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rambus, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rambus was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest Rambus (RMBS) rating was a initiated with a price target of $0.00 to $70.00. The current price Rambus (RMBS) is trading at is $53.99, which is within the analyst’s predicted range.
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