Northland lowered the firm’s price target on Ribbon Communications (RBBN) to $4 from $5.50 and keeps an Outperform rating on the shares following lower than expected Q4 results and 2026 guidance driven by uncertainty on deployment timing due to carrier consolidation and lingering federal deployment timing issues.
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Read More on RBBN:
- Ribbon Communications price target lowered to $4 from $6 at Citizens
- Ribbon Communications downgraded to Neutral from Buy at B. Riley
- Ribbon Communications sees 2026 revenue $840M-$875M, consensus $907.9M
- Ribbon Communications sees Q1 revenue $160M-$170M, consensus $198.34M
- Ribbon Communications reports Q4 non-GAAP EPS 59c, consensus 11c