8 Out of 9 Analysts Say Buy Rambus. We Say Hold. Here Is the Case for Stepping Aside
Key takeaways
- Rambus trades at 64x trailing earnings with much of its AI memory upside already priced in, and 24/7 Wall St.
- The analyst who called NVIDIA in 2010 just named his top 10 stocks and Rambus wasn t one of them.
- Our Rambus (NASDAQ:RMBS) call lands on the cautious side after a powerful run.
We Say Hold. Here Is the Case for Stepping Aside Vandita Jadeja Thu, May 14, 2026 at 10:57 PM GMT+7 4 min read RMBS NVDA Quick Read Rambus (RMBS) reported Q1 FY2026 revenue of $180.19M, up 8.1% Yo Y, but royalty revenue fell to $69.64M and non-GAAP operating margin compressed to 42% from 46%, triggering a 21.26% stock drop despite the company shipping HBM4E controller IP and LPDDR5X chipsets into next-gen AI servers.
Rambus trades at 64x trailing earnings with much of its AI memory upside already priced in, and 24/7 Wall St. rates the stock a hold with a $113.52 price target implying 12.86% downside as royalty headwinds and accelerating operating expenses offset strong HBM4E and DDR5 demand.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Rambus wasn t one of them. Get them here FREE.