RingCentral, Inc.

RingCentral, Inc.

RNGยทNYSE

$43.97

-0.29%
TechnologySoftware - Application

RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company offers business cloud communications and contact center solutions based on its Message Video Phone? platform. Its products include RingCentral Office that provides communication and collaboration across various modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers omni-channel; and RingCentral Engage Digital, a digital customer engagement platform that allows enterprises to interact with their customers. The company's products also comprise RingCentral Engage Voice, a cloud-based outbound/blended customer engagement platform for midsize and enterprise companies; RingCentral Video, a video meeting service which includes our RCV video and team messaging capabilities and offers video and audio conferencing, file sharing, contact, task, and calendar management. In addition, it offers RingCentral Professional, a cloud based virtual telephone service that provides inbound call answering and management services for professionals; and RingCentral Fax that provides online fax capabilities. The company serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, and state and local government, as well as others. It sells its products through a network of direct sales representatives, as well as sales agents, resellers, and channel partners. RingCentral, Inc. has strategic partnerships with Alcatel-Lucent Enterprise; and Vodafone Business. The company was incorporated in 1999 and is headquartered in Belmont, California.

At a Glance

Live Snapshot
Market Cap$3.86B
EPS0.5000
P/E Ratio87.94
Earnings Date08/04/2026
rng

RingCentral, Inc. Street Expectations Map

RNG ยท NYSE

Wall Street analysts project that RNG stock may see slight declines over the coming 12 months. The consensus 1-year price target stands at 42.13, with estimates ranging from a low of 32.00 to a high of 55.00.

Lowest Target
32.00
-27.22%
Consensus Target
42.13
-4.18%
Highest Target
55.00
25.09%

The consensus 1-year price target stands at 42.13, with estimates ranging from a low of 32.00 to a high of 55.00.

Analyst Consensus Analysis

Upside Potential

-4.2%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

54.6% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Risk-Reward Profile

0.92x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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RingCentral, Inc. Forward Estimates of Revenue

RNG ยท NYSE
Latest Revenue
2.52B
FY 2025
Avg Estimate
2.63B
FY 2026
Estimate Range
2.62B - 2.64B
Analyst Spread

Forward Growth Analysis

Projected Growth+4.6%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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RingCentral, Inc. Forward Estimates of Net Income

RNG ยท NYSE
Latest Net Income
43.39M
FY 2025
Avg Estimate
429.75M
FY 2026
Estimate Range
419.20M - 440.30M
Analyst Spread

Forward Growth Analysis

Projected Growth+890.4%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread5%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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RingCentral, Inc. Forward Estimates of EPS

RNG ยท NYSE
Latest EPS
0.50
FY 2025
Avg Estimate
$4.91
FY 2026
Estimate Range
$4.77 - $5.01
Analyst Spread

Forward Growth Analysis

Projected Growth+881.2%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread5%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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RingCentral, Inc. Forward Estimates of EBIT

RNG ยท NYSE
Latest EBIT
116.52M
FY 2025
Avg Estimate
-333.46M
FY 2026
Estimate Range
-334.73M - -332.36M
Analyst Spread

Forward Growth Analysis

Projected Growth-386.2%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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RingCentral, Inc. Forward Estimates of EBITDA

RNG ยท NYSE
Latest EBITDA
381.43M
FY 2025
Avg Estimate
1.22B
FY 2026
Estimate Range
1.22B - 1.23B
Analyst Spread

Forward Growth Analysis

Projected Growth+220.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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RingCentral, Inc. Forward Estimates of SG&A Expense

RNG ยท NYSE
Latest SG&A Expense
1.35B
FY 2025
Avg Estimate
1.65B
FY 2026
Estimate Range
1.64B - 1.65B
Analyst Spread

Forward Growth Analysis

Projected Growth+22.2%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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RingCentral, Inc. Insider Positioning

RNG ยท NYSE

During the last 12 months, insiders have sold $4.97M worth of RNG shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

47.5K

1.97M

Net Activity

-2.0M

-$1.97M

3-6 Months

Bought

0

0.00

Sold

46.1K

1.53M

Net Activity

-1.5M

-$1.53M

6-9 Months

Bought

0

0.00

Sold

54.7K

1.48M

Net Activity

-1.5M

-$1.48M

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
MK

Makagon Kira

Officer: President And Coo

63.0K sharesโ€ข6 transactions

$2.18M

2
AV

Agarwal Vaibhav

Officer: Chief Financial Officer

37.0K sharesโ€ข7 transactions

$1.24M

3
AT

Arora Tarun

Officer: Chief Accounting Officer

20.3K sharesโ€ข8 transactions

$728K

4
SV

Shmunis Vladimir

Director, Officer: Ceo And Chairman

14.2K sharesโ€ข1 transactions

$372K

5
TRI

Theis Robert I

Director

7.8K sharesโ€ข3 transactions

$244K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $4.97M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$1.97M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.