Quick Read Rambus (RMBS) reported Q1 FY2026 revenue of $180.19M, up 8.1% YoY, 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 ...

8 Out of 9 Analysts Say Buy Rambus. We Say Hold. Here Is the Case for Stepping Aside - 24/7 Wall St. Live Nasdaq Composite: Markets Rise as Optimism Returns on Stronger China Relations 8 Out of 9 Analysts Say Buy Rambus. We Say Hold. Here Is the Case for Stepping Aside By Vandita Jadeja Published May 14, 11:57AM EDT Quick Read Rambus (RMBS) reported Q1 FY2026 revenue of $180.19M, up 8.1% YoY, but royalty revenue fell to $69.64M and non-GAAP operating margin compressed to 42% from 46%, triggering a 21.26% st ...