Brief: Rambus Q2 Net Income USD 57.9 Million

Rambus

28/07/2025 21:05

Overview

Rambus Q2 revenue and net income rise yr/yr

Record product revenue of $81.3 mln, up 43% yr/yr

Generated record cash from operations of $94.4 mln

Outlook

Rambus expects Q3 product revenue between $87 mln and $93 mln

Company sees Q3 licensing billings between $58 mln and $64 mln

Rambus anticipates Q3 royalty revenue of $57 mln to $63 mln

Company projects Q3 operating costs between $115 mln and $111 mln

Result Drivers

CHIP BUSINESS - Rambus attributes strong Q2 performance to its chip business, particularly DDR5 memory interface chips

HIGH-PERFORMANCE COMPUTING - Increased demand for high-performance computing and AI infrastructure driving growth

PRODUCT TRACTION - Growing traction for new products contributing to record product revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.53
Q2 Net Income
$57.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for Rambus Inc is $71.31, about 11.9% above its July 25 closing price of $62.85

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nBwbB6XJja

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)