Rambus earns a BUY at $113 on record Q2 revenue of $207 million, 20% growth, and a Tier 1 hyperscaler HBM design win. Credo Technology offers faster AI-connectivity growth but commands a premium valuation, while Lattice Semiconductor is Rambus's closest valuation peer. Bears cite a 69% inventory jump to $75 million and net insider selling, capping the downside scenario near current prices at $97.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor) Our Rambus (NASDAQ:RMBS) call is straightforward: the memory interface specialist has whipsawed hard in 2026, but the setup looks constructive. Shares closed at $99.33 on August 13, 2026, well off the June peak. Our 24/7 Wall St. price target for Rambus is $113.17 over the next 12 months, implying 13.93% upside.
The recommendation is buy with 90% confidence. Rambus is up 29.35% over the past year and 8.1% year to date, but the trip has been volatile. The 52-week range spans $67.15 to $174.10, and shares surrendered roughly 28% from the June 2026 peak of $143.29.
The Q2 2026 report on July 27, 2026 delivered the first quarter above $200 million in revenue, with total sales of $207.4 million (up 20% year over year) and non-GAAP EPS of $0.77. Product revenue set a record at $99.2 million. CEO Luc Seraphin credited "the accelerating demands of data center and AI infrastructure".
Q3 guidance calls for revenue of $210 to $216 million and non-GAAP EPS of $0.75 to $0.82. SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $3,000 in complimentary stock for Active Invest accounts.
See for yourself by clicking here now. The bull case runs on AI memory content growth. Seraphin told analysts that when the market moves to 16 channels per CPU in 2027, MRDIMM will "start to kick in".
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