Rambus (RMBS) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.84
- Estimate
- $0.79
- Surprise
- +6.5%
- Revenue (period 2026-09-30)
- $218.3M
- Score at report (before → after)
- 6.1 → 6.0/10
Revenue source: xbrl.
How the report landed
Rambus (RMBS) beat the $0.79 estimate with adjusted EPS of $0.84 — a clear 6.5% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.1/10) to Hold at 6.0/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates RMBS Buy (Wait) at 6.6/10.
2 of the last 4 quarters beat the estimate; this quarter's +6.5% surprise compares with a +3.4% four-quarter average. Next scheduled report: 2027-02-01.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.2 in RISK_OFF)
- High-quality business
What argues against it
- Concentration risk — Customer: top-5 customers (66.0%)
- Sector modifier (Technology): -0.8
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $88.94
- Entry target
- $86.58
- Price target
- $122.30
- Stop
- $81.00
- Upside to target
- +37.5%
- Reward-to-risk
- 2.8:1
The stock trades at 37.6× trailing but 23.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 30 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
RMBS at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Semiconductors
- Market cap
- $9.75B
- P/E (fwd)
- 23.4
- P/E (ttm)
- 37.6
- 52-week range
- $77.89–$174.10
- Off 52-week high
- 48.9%
- RSI (14)
- 30
- Volume vs avg
- 0.02×
- Score today
- 6.6/10