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RingCentral ( (RNG) ) has provided an update.
On September 11, 2025, RingCentral, Inc. entered into an Amendment and Restatement Agreement to refinance its existing credit agreement. This Restated Credit Agreement includes a $280 million revolving loan facility, a $310 million initial term loan facility, and a $650 million delayed draw term loan facility. The proceeds from these loans will be used for repaying existing loans, funding acquisitions, share repurchases, and other corporate purposes. The agreement also includes provisions for prepayments and adjustments to maturity dates based on the company’s financial metrics, impacting its liquidity management and financial strategy.
The most recent analyst rating on (RNG) stock is a Hold with a $35.00 price target. To see the full list of analyst forecasts on RingCentral stock, see the RNG Stock Forecast page.
Spark’s Take on RNG Stock
According to Spark, TipRanks’ AI Analyst, RNG is a Neutral.
RingCentral’s overall score is driven by strong technical momentum and positive earnings call sentiment, offset by financial instability and valuation concerns. The company’s robust cash flow and strategic focus on AI products are positive, but profitability and leverage remain key risks.
To see Spark’s full report on RNG stock, click here.
More about RingCentral
RingCentral, Inc. operates in the communications industry, primarily offering cloud-based communication and collaboration solutions. The company focuses on providing unified communications as a service (UCaaS) to businesses, facilitating seamless communication and collaboration across various platforms.
Average Trading Volume: 1,723,027
Technical Sentiment Signal: Hold
Current Market Cap: $2.83B
Learn more about RNG stock on TipRanks’ Stock Analysis page.