RingCentral Inc (RNG)
NYSE:RNG
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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)1.84M
Market Cap
$3.55B
Enterprise Value$5.12B
Total Cash (Recent Filing)$116.58M
Total Debt (Recent Filing)$1.43B
Price to Earnings (P/E)42.5
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. Volume1,397,144
30 Day Avg. Volume1,844,484
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 Cap1.44
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 FlowSustained, improving free cash flow provides durable financial flexibility: it funds R&D and AI investment, supports ongoing debt reduction, share repurchases and a dividend, and cushions the business through cyclical softness. Continued FCF underpins long-term capital allocation.
Improving Margins And ProfitabilityMaterial margin expansion reflects structural cost discipline (SBC reduction, opex control) layered on ~70% gross margins. Higher operating leverage makes incremental revenue more profitable, improving resiliency to revenue slowdowns and enabling sustained free cash flow conversion.
Early, Accelerating AI Product TractionRapid AI adoption and doubled AI ARR indicate a structural upsell and stickiness vector: AI features raise ARPU and retention, creating higher-value cohorts. If sustained, this expands monetization per customer and supports midterm growth and cash generation even without fast base expansion.
Bears Say
Negative Shareholders' EquityPersistent negative equity constrains balance-sheet resilience: it limits borrowing flexibility, complicates covenants and investor perception, and leaves less buffer against operational shocks. Even with debt reduction, capital structure repairs may take multiple quarters to fully mitigate risk.
Slowing Revenue GrowthA marked deceleration in top-line growth reduces operating leverage potential and raises the bar for sustaining margin gains. Structural headwinds—pricing rationalization and lapping of elevated COVID-era contracts—mean revenue acceleration could be gradual, pressuring long-term upside.
AI Competitive & Execution RisksFast-moving open-source models and evolving AI economics pose a durable execution risk: they can erode differentiation and increase cost-to-serve. Additionally, partner-driven AI resale and some product initiatives are expected to ramp over 12–24 months, delaying material revenue impact.
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 $3.55B.
When is RingCentral Inc’s upcoming earnings report date?
RingCentral Inc’s upcoming earnings report date is Aug 04, 2026 which is in 57 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
Outperform
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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 ▼ 4.1%
Last 30 Days ▼ 4.1%
Last 30 Days ▼ 4.1%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
58.32%
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. 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.
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