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Home โบ Stocks โบ RingCentral Inc. (RNG) Stock Forecast & Price Prediction United States | NYSE | Technology | Software - Application
$28.09
+0.08 (0.30%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 33 Wall Street analysts, RNG has a neutral consensus with a median price target of $30.00 (ranging from $24.00 to $55.00). The overall analyst rating is Buy (7.3/10). Currently trading at $28.09, the median forecast implies a 6.8% upside. This outlook is supported by 8 Buy, 10 Hold, and 1 Sell ratings.
The most optimistic forecast comes from Terry Tillman at Credit Suisse, projecting a 95.8% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for RNG.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 12, 2025 | Mizuho | Siti Panigrahi | Neutral | Maintains | $27.00 |
May 9, 2025 | Raymond James | Outperform | Maintains | $35.00 | |
May 9, 2025 | Wedbush | Daniel Ives | Neutral | Maintains | $30.00 |
May 9, 2025 | UBS | Taylor McGinnis | Neutral | Maintains | $33.00 |
May 9, 2025 | Piper Sandler | James Fish | Neutral | Maintains | $28.00 |
Apr 24, 2025 | Rosenblatt | Catharine Trebnick | Buy | Maintains | $28.00 |
Apr 22, 2025 | Wells Fargo | Michael Turrin | Underweight | Maintains | $22.00 |
Apr 16, 2025 | Morgan Stanley | Meta Marshall | Equal-Weight | Maintains | $29.00 |
Apr 15, 2025 | Mizuho | Siti Panigrahi | Neutral | Maintains | $25.00 |
Feb 25, 2025 | Baird | William Power | Neutral | Maintains | $32.00 |
Feb 21, 2025 | Piper Sandler | James Fish | Neutral | Maintains | $31.00 |
Feb 21, 2025 | Rosenblatt | Catharine Trebnick | Buy | Maintains | $40.00 |
Feb 21, 2025 | UBS | Taylor McGinnis | Neutral | Maintains | $38.00 |
Feb 21, 2025 | Barclays | Ryan Macwilliams | Equal-Weight | Maintains | $31.00 |
Feb 21, 2025 | Needham | Ryan Koontz | Buy | Maintains | $36.00 |
Feb 21, 2025 | Raymond James | Brian Peterson | Outperform | Maintains | $40.00 |
Feb 10, 2025 | Mizuho | Siti Panigrahi | Neutral | Maintains | $36.00 |
Jan 27, 2025 | Barclays | Ryan Macwilliams | Equal-Weight | Downgrade | $37.00 |
Jan 7, 2025 | Wells Fargo | Michael Turrin | Underweight | Downgrade | $30.00 |
Jan 3, 2025 | Raymond James | Brian Peterson | Outperform | Downgrade | $45.00 |
The following stocks are similar to RingCentral based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
RingCentral Inc. has a market capitalization of $2.53B with a P/E ratio of -44.6x. The company generates $2.43B in trailing twelve-month revenue with a -1.7% profit margin.
Revenue growth is +4.8% quarter-over-quarter, while maintaining an operating margin of +2.8% and return on equity of +10.6%.
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Provides cloud-based communication and collaboration solutions.
RingCentral generates revenue by offering subscription-based services for its cloud communication platform, which includes features like voice, video, messaging, and collaboration tools. The company's main product, RingCentral Office, serves as an enterprise-grade cloud PBX and is complemented by contact center solutions and integrations with other popular business applications.
Founded in 1999 and headquartered in Belmont, California, RingCentral is well-positioned in the market as a leader in the digital transformation of communication infrastructure. Its solutions cater to a diverse range of industries, making it a critical partner for businesses aiming to enhance operational efficiency and adapt to flexible working environments.
Technology
Software - Application
4,260
Mr. Vladimir G. Shmunis
United States
2013
Globant's Q1 performance reflects steady top-line growth and margins driven by AI tailwinds amid macroeconomic headwinds, fueling a cautious spending approach.
The Internet-Software & Services industry is struggling because of persistent economic weakness. Stocks like CRTO and RNG are a step ahead.
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The Internet-Software & Services industry faces challenges due to ongoing economic weakness, though stocks like CRTO and RNG show resilience.
The struggle in the Internet-Software & Services industry indicates potential volatility, while CRTO and RNG's resilience may present investment opportunities amid economic challenges.
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RingCentral, Inc. (NYSE:RNG) will hold its Q1 2025 Earnings Conference Call on May 8, 2025, at 5:00 PM ET, featuring key executives and analysts from major firms.
The RingCentral Q1 2025 earnings call signals critical financial updates and performance insights, influencing investor sentiment and stock valuation.
RingCentral (NYSE: RNG) reported Q1 2025 results with ARR exceeding $2.5 billion, driven by growth in UCaaS and CCaaS, and strong demand for AI solutions, including AI Receptionist.
RingCentral's Q1 results reflect strong growth in recurring revenue and AI solution adoption, signaling robust market demand and potential for future profitability, which may attract investor interest.
Based on our analysis of 33 Wall Street analysts, RingCentral Inc. (RNG) has a median price target of $30.00. The highest price target is $55.00 and the lowest is $24.00.
According to current analyst ratings, RNG has 8 Buy ratings, 10 Hold ratings, and 1 Sell ratings. The stock is currently trading at $28.09. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict RNG stock could reach $30.00 in the next 12 months. This represents a 6.8% increase from the current price of $28.09. Please note that this is a projection by Wall Street analysts and not a guarantee.
RingCentral generates revenue by offering subscription-based services for its cloud communication platform, which includes features like voice, video, messaging, and collaboration tools. The company's main product, RingCentral Office, serves as an enterprise-grade cloud PBX and is complemented by contact center solutions and integrations with other popular business applications.
The highest price target for RNG is $55.00 from Terry Tillman at Credit Suisse, which represents a 95.8% increase from the current price of $28.09.
The lowest price target for RNG is $24.00 from at , which represents a -14.6% decrease from the current price of $28.09.
The overall analyst consensus for RNG is neutral. Out of 33 Wall Street analysts, 8 rate it as Buy, 10 as Hold, and 1 as Sell, with a median price target of $30.00.
Stock price projections, including those for RingCentral Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.