profit from every $100 of sales.
$0$100
Rambus
$82.23-3.22% today
-11.0% in 1 year
1-year low $69.681-year high $170.66
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $38.21 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Rambus sold, what it kept, and what it did with the cash.
Sales went from $455 million in 2022 to $708 million in 2025, with $230 million of profit last year.
SalesProfit
Rambus handed back 2% of the cash it generated last year.
Buybacks $7M
Free cash flow 2025$333M
Bought back its own shares$7M
Paid as dividends–
Cash vs. debt$183M vs. $25M
Rambus vs. similar companies
Rambus grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Rambus | 38.2× · Expensive | ||
 Nvidia | 32.8× · Expensive | ||
 TSMC | 40.0× · Expensive | ||
 Broadcom | 71.6× · Very expensive | ||
 Micron Technology | 10.4× · Cheap |
AI analysis
An AI analyst reads Rambus's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 246 | 328 | 455 | 461 | 557 | 708 | |
| 186 | 258 | 347 | 358 | 447 | 563 | |
| -44 | 24 | 80 | 92 | 179 | 260 | |
| 14 | 72 | 41 | 237 | 244 | 325 | |
| -40 | 18 | -14 | 334 | 180 | 230 | |
| -0.36 | 0.16 | -0.13 | 3.01 | 1.65 | 2.11 | |
| 75.3% | 78.6% | 76.3% | 77.6% | 80.2% | 79.6% | |
| -17.9% | 7.4% | 17.6% | 19.8% | 32.2% | 36.8% | |
| -16.4% | 5.6% | -3.1% | 72.4% | 32.3% | 32.6% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 1,251 | 1,233 | 1,013 | 1,258 | 1,343 | 1,530 |
| Cash | 129 | 108 | 125 | 95 | 100 | 183 |
| Total debt | – | – | 44 | 31 | 30 | 25 |
| Total liabilities | 339 | 370 | 233 | 220 | 222 | 165 |
| 913 | 862 | 779 | 1,038 | 1,121 | 1,364 | |
| 113 | 115 | 109 | 111 | 109 | 109 | |
| -2.3% | 3.1% | -0.6% | 13.9% | 13.8% | 16.1% | |
| -4.4% | 2.1% | -1.8% | 32.2% | 16.0% | 16.9% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 185 | 209 | 230 | 196 | 231 | 360 | |
| 30 | 14 | 20 | 23 | 31 | 27 | |
| 156 | 195 | 210 | 173 | 200 | 333 | |
| Dividends paid | – | – | – | – | – | – |
| 50 | 100 | 100 | 101 | 113 | 7 | |
| 26 | 27 | 36 | 45 | 45 | 54 |
Valuation
- 38.2×
- 27.9×
- –
- 5.8×
- 12.4×
- 26.4×
- 26.6×
- 3.8%
- 2.6%
- 0.0%
Profitability
- 79.6%
- 36.8%
- 32.6%
- 41.6%
- 16.5%
- 11.1%
- 17.4%
- 15.0%
- 18.1%
- 27.1%
Growth
- +23.5%
- –
- +66.7%
- –
- −0.1%
Financial health
- 0.1×
- 0.02
- 1.5%
- 206.4×
- 8.20
- 9.25
- 0.47
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 18%of 973
Top 3%of 979
Bottom 38%of 746
Top 21%of 979
Top 34%of 981
What analysts expect
- Average price target
- $135.67
- Range
- $90.00 – $172.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 27, 2026 | 0.63 | 0.61 | +3.3% |
| Feb 2, 2026 | 0.68 | 0.68 | +0.0% |
| Oct 27, 2025 | 0.63 | 0.63 | +0.0% |
| Jul 28, 2025 | 0.60 | 0.61 | −1.6% |
| Apr 28, 2025 | 0.59 | 0.55 | +7.3% |
| Feb 3, 2025 | 0.59 | 0.58 | +1.7% |
| Oct 28, 2024 | 0.51 | 0.51 | +0.0% |
| Jul 29, 2024 | 0.42 | 0.45 | −6.7% |
News
Rambus expects Q4 revenue of $227M-$233M as it targets continued product ramps into 2027Seeking Alpha · Oct 27, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
67Pass
Benjamin Graham
38No pass
Philip Fisher
77Pass
Peter Lynch
100Pass
Joel Greenblatt
20No pass
Charlie Munger
73Pass
Terry Smith
75Pass
Questions about Rambus
Is Rambus a good stock to buy?
A strong, very profitable business, but the price is high. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Rambus AI analysis
What does Rambus do?
Rambus Inc. manufactures and sells semiconductor products in the United States, South Korea, Singapore, and internationally. It is in Semiconductors, based in San Jose, CA, United States, with 791 employees.
Does Rambus pay a dividend?
No. Rambus does not pay a dividend at the moment; in 2025 it returned $7.11 million to shareholders by buying back its own shares.
Is Rambus stock halal?
Yes. Rambus passes our halal screen: its business is permitted and its debt is 0.3% of its market value, under the 30% limit. How we check
How has Rambus stock done over the past year?
Down 11.0% over the past twelve months, to $82.23. It traded between $69.68 and $170.66 and is 51.8% below its high.
Who are Rambus's competitors?
The largest listed companies in the same industry are Nvidia, TSMC, Broadcom and Micron Technology. The peers table on this page compares their profit, growth and price with Rambus's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.