Rambus Inc

RMBS remains in a Stage 2 advancing phase with a long-term uptrend intact, underpinned by higher highs and higher lows. The medium-term bias is Bullish, supported by rising EMAs and the 50 DMA, but short-term price action is neutral after a corrective dip into the 9 EMA and 21 EMA zone, indicating that engagement should be deferred and focused on pullbacks to dynamic support.

• ↑Q2 revenue of $207.4M (+20% YoY) marked first quarter above $200M.
• ↑Product revenue grew 22% YoY to $99.2M, driven by DDR5 demand.
• ↓Negative earnings yield and weak book-to-price indicate valuation risk.