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Technology - Software - Application - NYSE - US
$ 22.28
-1.46 %
$ 2.02 B
Market Cap
-35.37
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RNG stock under the worst case scenario is HIDDEN Compared to the current market price of 22.3 USD, RingCentral, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RNG stock under the base case scenario is HIDDEN Compared to the current market price of 22.3 USD, RingCentral, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RNG stock under the best case scenario is HIDDEN Compared to the current market price of 22.3 USD, RingCentral, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart RNG

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$42.0$42.0$40.0$40.0$38.0$38.0$36.0$36.0$34.0$34.0$32.0$32.0$30.0$30.0$28.0$28.0$26.0$26.0$24.0$24.0$22.0$22.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
2.4 B REVENUE
8.99%
2.67 M OPERATING INCOME
101.34%
-58.3 M NET INCOME
64.73%
483 M OPERATING CASH FLOW
20.92%
-109 M INVESTING CASH FLOW
-20.91%
-351 M FINANCING CASH FLOW
1.94%
615 M REVENUE
0.94%
15.6 M OPERATING INCOME
375.14%
-7.19 M NET INCOME
8.47%
133 M OPERATING CASH FLOW
4.45%
-21.1 M INVESTING CASH FLOW
13.41%
-78 M FINANCING CASH FLOW
15.38%
Balance Sheet RingCentral, Inc.
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Current Assets 871 M
Cash & Short-Term Investments 243 M
Receivables 386 M
Other Current Assets 242 M
Non-Current Assets 909 M
Long-Term Investments 0
PP&E 227 M
Other Non-Current Assets 682 M
13.64 %21.70 %13.60 %12.76 %38.30 %Total Assets$1.8b
Current Liabilities 749 M
Accounts Payable 21.9 M
Short-Term Debt 202 M
Other Current Liabilities 525 M
Non-Current Liabilities 1.38 B
Long-Term Debt 59.5 M
Other Non-Current Liabilities 1.32 B
9.46 %24.64 %2.79 %62.08 %Total Liabilities$2.1b
EFFICIENCY
Earnings Waterfall RingCentral, Inc.
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Revenue 2.4 B
Cost Of Revenue 706 M
Gross Profit 1.69 B
Operating Expenses 1.69 B
Operating Income 2.67 M
Other Expenses 61 M
Net Income -58.3 M
3b3b2b2b2b2b1b1b500m500m00(500m)(500m)2b(706m)2b(2b)3m(61m)(58m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
70.61% GROSS MARGIN
70.61%
0.11% OPERATING MARGIN
0.11%
-2.43% NET MARGIN
-2.43%
16.58% ROE
16.58%
-3.27% ROA
-3.27%
0.27% ROIC
0.27%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis RingCentral, Inc.
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500m500m400m400m300m300m200m200m100m100m00(100m)(100m)(200m)(200m)(300m)(300m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -58.3 M
Depreciation & Amortization 223 M
Capital Expenditures -25 M
Stock-Based Compensation 339 M
Change in Working Capital 0
Others -20.1 M
Free Cash Flow 458 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets RingCentral, Inc.
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Wall Street analysts predict an average 1-year price target for RNG of $38.2 , with forecasts ranging from a low of $30 to a high of $45 .
RNG Lowest Price Target Wall Street Target
30 USD 34.65%
RNG Average Price Target Wall Street Target
38.2 USD 71.30%
RNG Highest Price Target Wall Street Target
45 USD 101.97%
Price
Max Price Target
Min Price Target
Average Price Target
454540403535303025252020May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 16
6. Ownership
Insider Ownership RingCentral, Inc.
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Sold
0-3 MONTHS
7.85 M USD 4
3-6 MONTHS
6.22 M USD 5
6-9 MONTHS
5.21 M USD 5
9-12 MONTHS
5.49 M USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
TWLO vs. RNG: Which Cloud Communications Stock Is a Better Buy? Both Twilio and RingCentral are strong players in the cloud communications space. Which one is a better investment? zacks.com - 2 weeks ago
RingCentral Plunges 28% YTD: Should You Buy the Stock on the Dip? RNG stock benefits from a growing clientele, robust growth in AI initiatives and an increasing demand for its solutions. zacks.com - 2 weeks ago
Why RingCentral (RNG) is a Top Value Stock for the Long-Term The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. zacks.com - 2 weeks ago
Should Value Investors Buy Ringcentral (RNG) Stock? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 2 weeks ago
Is the Options Market Predicting a Spike in Ringcentral (RNG) Stock? Investors need to pay close attention to Ringcentral (RNG) stock based on the movements in the options market lately. zacks.com - 3 weeks ago
Buy RingCentral & Criteo to Tap Software & Services Growth The Internet-Software & Services industry is struggling because of persistent economic weakness. Stocks like RNG and CRTO are a step ahead. zacks.com - 3 weeks ago
Buy These 4 Growth-Rated Tech Stocks Amid High Market Volatility Here, we take a sneak peek at four stocks, NVDA, MRVL, OKTA and RNG, which are at the forefront of key trends in the technology space. zacks.com - 3 weeks ago
RingCentral Benefits As AI Technologies Get Less Expensive RingCentral's positive GAAP operating earnings and pre-tax earnings in 4Q 2024 mark a significant milestone, driven by cost optimization and AI tool development. The company is expanding its AI-enabled product suite, enhancing features like call transcriptions, IVA, and CRM integration, benefiting from decreasing AI technology costs. Management expects ARR from new services to double by end-2025, with international expansion and strong UCaaS market position driving future growth. seekingalpha.com - 1 month ago
Best Growth Stocks to Buy for March 19th EAT, RNG and DAN made it to the Zacks Rank #1 (Strong Buy) growth stocks list on March 19, 2025. zacks.com - 1 month ago
Here's Why RingCentral (RNG) is a Strong Growth Stock Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service. zacks.com - 1 month ago
Top 3 Unified Communication as a Service Providers to Buy in 2025 Here are three tech stocks, RNG, CSCO and CXDO, that are poised to benefit from the growing demand for Unified Communication as a Service in 2025. zacks.com - 1 month ago
RingCentral (RNG) Loses -19.98% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner The heavy selling pressure might have exhausted for RingCentral (RNG) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal. zacks.com - 1 month ago
8. Profile Summary

RingCentral, Inc. RNG

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COUNTRY US
INDUSTRY Software - Application
MARKET CAP $ 2.02 B
Dividend Yield 0.00%
Description 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.
Contact 20 Davis Drive, Belmont, CA, 94002 https://www.ringcentral.com
IPO Date Sept. 27, 2013
Employees 4260
Officers Mr. Vaibhav Agarwal Chief Transformation Officer & Deputy Chief Financial Officer Mr. Homayoun Razavi Executive Vice President & General Manager of Global Service Providers Mr. Abhey Rattan Lamba Chief Financial Officer Ms. Kira Makagon President & Chief Operating Officer Mr. Vlad Vendrow Co-Founder & Chief Technology Officer Mr. Carson Hostetter Executive Vice President and General Manager of CX & AI Mr. Vladimir G. Shmunis Co-Founder, Chief Executive Officer & Executive Chairman Mr. John H. Marlow J.D. Chief Administrative Officer, SVice President of Corporate Development & General Counsel and Secretary Mr. Tarun Arora Chief Accounting Officer Mr. Ashu Varshney Chief Information Officer