Apr. 30 at 1:52 PM
$RMBS
From twobytebus on ihub:
April 29, 2025
Blayne Curtis, an analyst from Jefferies, maintained the Buy rating on Rambus (RMBS – Research Report). The associated price target is
$69.00.
Blayne Curtis has given his Buy rating due to a combination of factors that highlight Rambus’s strong market position and growth potential. The company has successfully navigated the DDR5 transition, which is now largely complete, and is poised to benefit from the next phase of growth driven by server ramps and increased adoption of companion chips. Despite uncertainties in the market, Rambus’s ability to capture a significant share of the companion chip market is a positive indicator.
Rambus reported strong financial performance, with March revenue exceeding expectations, driven by leadership in DDR5 technology. The company’s guidance for June suggests continued revenue growth, particularly from servers and companion chips.
IWells Fargo also maintained a Buy with a
$73.00 price target.
