RingCentral Inc (RNG)
NYSE:RNG
Want to see RNG full AI Analyst Report?
RNG Stock Chart & Stats
$40.39
-$0.70(-2.06%)
At close: 4:00 PM EST
$40.39
-$0.70(-2.06%)
Day’s Range― - ―
52-Week Range$23.59 - $49.85
Previous CloseN/A
Volume287.11K
Average Volume (3M)1.85M
Market Cap
$3.25B
Enterprise Value$5.12B
Total Cash (Recent Filing)$116.58M
Total Debt (Recent Filing)$1.43B
Price to Earnings (P/E)38.9
Beta1.45
Next Earnings
Aug 04, 2026EPS Estimate
1.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.97
Shares Outstanding74,079,060
10 Day Avg. Volume1,514,858
30 Day Avg. Volume1,847,213
Financial Highlights & Ratios
PEG Ratio-0.32
Price to Book (P/B)-4.23
Price to Sales (P/S)0.99
P/FCF Ratio4.23
Enterprise Value/Market Cap1.58
Enterprise Value/Revenue2.01
Enterprise Value/Gross Profit2.81
Enterprise Value/Ebitda14.05
Forecast
1Y Price Target
$43.64Price Target Upside8.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)4.9
Revenue Forecast (FY)$2.63B
Bulls Say, Bears Say
Bulls Say
Strong Free Cash FlowRingCentral's subscription model and improving profitability have produced materially positive and rising free cash flow. Durable FCF supports reinvestment in R&D, AI rollouts, share repurchases and debt reduction, providing financial flexibility even if top-line growth remains modest.
Sustained Margin ExpansionConsistent margin expansion (both GAAP and non‑GAAP) reflects improved cost discipline, lower SBC and operating leverage. Higher gross margins (~70%+) combined with tightened opex increase earnings resilience and self-funding capacity, making profitability less dependent on high revenue growth.
AI Product TractionEarly but accelerating AI adoption is boosting ARPU and retention in AI-using cohorts. As AI ARR and attach rates expand, these features can provide durable upsell and differentiation across UCaaS/CCaaS, supporting longer-term revenue mix improvement and margin tailwinds.
Bears Say
Negative Shareholders' EquityPersistent negative equity undermines balance-sheet cushion and can constrain capital allocation choices. Even with falling gross debt, negative equity complicates leverage metrics, increases sensitivity to downturns and can limit strategic moves like M&A or aggressive buybacks.
Slowing Revenue GrowthRevenue growth decelerated to mid-single digits and TTM growth is down sharply versus prior years. Slower top-line expansion reduces operating leverage potential, making long-term margin gains and FCF growth more reliant on pricing, product mix shifts and successful AI monetization.
AI Monetization & Competitive RiskWhile AI adoption is accelerating, it remains a small portion of revenue and faces competitive risks from fast-moving foundation models and open-source entrants. Execution and margin durability depend on maintaining differentiated AI services and partner channels amid evolving cost dynamics.
RingCentral News
RNG FAQ
What was RingCentral Inc’s price range in the past 12 months?
RingCentral Inc lowest stock price was $23.59 and its highest was $49.85 in the past 12 months.
What is RingCentral Inc’s market cap?
RingCentral Inc’s market cap is $3.25B.
When is RingCentral Inc’s upcoming earnings report date?
RingCentral Inc’s upcoming earnings report date is Aug 04, 2026 which is in 54 days.
How were RingCentral Inc’s earnings last quarter?
RingCentral Inc released its earnings results on May 07, 2026. The company reported $1.2 earnings per share for the quarter, beating the consensus estimate of $1.169 by $0.031.
Is RingCentral Inc overvalued?
According to Wall Street analysts RingCentral Inc’s price is currently Undervalued.
Does RingCentral Inc pay dividends?
RingCentral Inc pays a N/A dividend of $0.075 which represents an annual dividend yield of N/A. See more information on RingCentral Inc dividends here
What is RingCentral Inc’s EPS estimate?
RingCentral Inc’s EPS estimate is 1.16.
How many shares outstanding does RingCentral Inc have?
RingCentral Inc has 74,079,060 shares outstanding.
What happened to RingCentral Inc’s price movement after its last earnings report?
RingCentral Inc reported an EPS of $1.2 in its last earnings report, beating expectations of $1.169. Following the earnings report the stock price went up 0.53%.
Which hedge fund is a major shareholder of RingCentral Inc?
Currently, no hedge funds are holding shares in RNG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
RingCentral Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$43.64 (8.04% Upside)
$43.64 (8.04% Upside)
Blogger Sentiment
Bullish
RNG Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 145.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.6%
Last 30 Days ▼ 5.7%
Last 30 Days ▼ 5.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
43.52%
12-Months-Change
Fundamentals
Return on Equity
-16.71%
Trailing 12-Months
Asset Growth
-12.87%
Trailing 12-Months
Company Description
RingCentral Inc
RingCentral, Inc. delivers sophisticated cloud-based software-as-a-service (SaaS) solutions designed to empower businesses across North America to communicate, collaborate, and connect seamlessly. These core offerings, including both unified communications and comprehensive contact center capabilities, are built upon the company's proprietary "Message Video Phone" (MVP) platform. Its extensive product portfolio features "RingCentral Office," a robust platform enabling communication and collaboration through high-definition voice, video, SMS, team messaging, conferencing, online meetings, and fax. For customer service operations, the "RingCentral Contact Center" provides a collaborative, omnichannel solution, complemented by "RingCentral Engage Digital" for enterprise-level digital customer interactions, and "RingCentral Engage Voice" for cloud-based outbound and blended customer engagement catering to midsize and large organizations. Furthermore, "RingCentral Video" offers dedicated video meeting services with integrated team messaging, audio/video conferencing, file sharing, and management tools. Specialized solutions include "RingCentral Professional," a virtual cloud telephone service for inbound call management, and "RingCentral Fax" for online faxing. The company caters to a diverse array of industries, such as financial services, education, healthcare, real estate, retail, technology, and government sectors. Its go-to-market strategy involves both direct sales representatives and a broad ecosystem of sales agents, resellers, and channel partners. Founded in 1999 and headquartered in Belmont, California, RingCentral has also forged strategic alliances with key industry players, including Alcatel-Lucent Enterprise and Vodafone Business.
RNG Company Deck
RNG Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong margin expansion, improved GAAP profitability, meaningful free cash flow growth, disciplined capital allocation, and accelerating adoption of AI-enabled products with clear early traction across AIR, ACE, RingEX and CEB. Key operational wins (customer migrations, large partner engagements, R&D investment and leadership recognitions) support a positive outlook. The principal negatives are that top-line growth remains mid-single-digits and AI monetization, while progressing rapidly, is still early in aggregate; some benefits from partner channels are expected to be realized over the next 12–24 months. Overall, financial and operational momentum (profitability, cash generation, margin improvement, AI adoption and customer wins) materially outweighs the risks and early-stage limitations.View all RNG earnings summariesRNG Revenue Breakdown
90.00% North America
10.00% Other
RNG Stock 12 Month Forecast
Average Price Target
$43.64
▲(8.04% Upside)
Technical Analysis
Ownership Overview
1.65% Insiders
40.59% Mutual Funds
11.29% Other Institutional Investors
14.70% Public Companies and
Individual Investors