Susquehanna Adjusts Rambus Price Target
Susquehanna has raised its price target for Rambus Inc. shares from $100 to $103.
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Rambus Reports Q3 2026 Financial Results and Provides Q4 Outlook
Rambus Inc. reported third-quarter 2026 revenue and earnings that exceeded analyst expectations and issued guidance for the fourth quarter.
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Rambus: 3 Key Takeaways for Long-Term Investors
Rambus reported record Q3 2026 quarterly revenue of $218 million, driven by strong demand for server memory chips amid AI workload acceleration. Product revenue reached $114 million (up 22% YoY) from DDR5 registered clock drivers, while the company expanded into LPDDR6 power management and custom AI silicon IP licensing. Management emphasized continued capital allocation with 40-50% of free cash flows returning to shareholders.
Rambus Sees Q4 GAAP EPS $0.68-$0.76 vs $0.69 Est; Sees Sales $221.000M-$239.000M