RNG

RingCentral Inc

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Advanced Chart

29.940

-0.18(-0.598%)1D

Line

Candle

YTD

High

30.150

Open

30.040

VWAP

29.73

Vol

3.20M

Mkt Cap

2.71B

Low

28.850

Amount

95.04M

EV/EBITDA(TTM)

13.28

Total Shares

92.17M

4.02B

EV/OCF(TTM)

6.96

P/S(TTM)

1.12

RingCentral, Inc. is a provider of artificial intelligence (AI)-powered cloud business communications, contact center, video and hybrid event solutions. It has an AI-powered multi-product portfolio including unified communications as a service (UCaaS), contact center as a service (CCaaS), video and events, and RingSense AI solutions. Its multi-product portfolio includes RingEX, RingCentral Contact Center, RingCX, RingCentral Artificial Intelligence Solutions, and RingCentral Events. RingCentral Contact Center is a collaborative contact center solution that delivers AI-powered omnichannel and workforce engagement solutions integrated with RingEX. RingCX is its next-generation CCaaS solution, delivering an AI-powered customer engagement solution with customer relationship management (CRM) integrations and a broad ecosystem of integrated partner solutions. RingCentral Events solutions enable businesses to host virtual, hybrid, and in-person events with AI-powered engagement tools.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

644.96M

+5.38%

1.117

+11.66%

647.21M

+5.32%

1.123

+14.59%

635.39M

+4.37%

1.073

+12.97%

Estimates Revision

The market is revising Downward the revenue expectations for RingCentral, Inc. (RNG) for FY2025, with the revenue forecasts being adjusted by -0.01% over the past three months. During the same period, the stock price has changed by 25.85%.

Revenue Estimates for FY2025

Revise Downward

-0.01%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+1.19%

In Past 3 Month

Stock Price

Go Up

+25.85%

In Past 3 Month

11 Analyst Rating

6.88% Upside

Wall Street analysts forecast RNG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RNG is 32.00 USD with a low forecast of 29.00 USD and a high forecast of 36.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

7 Hold

0 Sell

Moderate Buy

6.88% Upside

Current: 29.940

Low

29.00

Averages

32.00

High

36.00

6.88% Upside

Current: 29.940

Low

29.00

Averages

32.00

High

36.00

Morgan Stanley

Equal Weight

initiated

$29

2025-10-21

Reason

Morgan Stanley

Price Target

$29

2025-10-21

initiated

Equal Weight

Reason

Morgan Stanley assumed coverage of RingCentral with an Equal Weight rating and $29 price target. Q3 checks were generally stable overall, though moderated relative to the sequential improvement seen in Q2, the analyst tells investors in a preview for the communication software group. While expectations across the group are low, the firm doesn't see potential upside in results meaningfully shifting investor perception, the analyst added.

Wells Fargo

Equal Weight

initiated

$32

2025-09-30

Reason

Wells Fargo

Price Target

$32

2025-09-30

initiated

Equal Weight

Reason

Wells Fargo initiated coverage of RingCentral with an Equal Weight rating and $32 price target. The company is entering the second half of 2025 and next year with room to benefit from a less competitive telephony market as enterprises continue PBX - Private Branch Exchange - retirements, the analyst tells investors in a research note. At the same time, a voice-centric product mix potentially limits expansion within existing customers and new AI features are still in early adoption, the firm notes, adding that while the stock's valuation screens below peers, it is awaiting clearer signs of momentum before becoming more constructive.

Oppenheimer

Timothy Horan

Perform

Outperform

upgrade

$35

2025-08-06

Reason

Oppenheimer

Timothy Horan

Price Target

$35

2025-08-06

upgrade

Perform

Outperform

Reason

Oppenheimer analyst Timothy Horan upgraded RingCentral to Outperform from Perform with a $35 price target. The company reported a solid Q2 with beats across the board, the analyst tells investors in a research note. The firm now sees RingCentral as a "defensive play with upside potential at an attractive entry point." The company has significantly improved its service and cost structure, contends Opco.

Jefferies

Samad Samana

Hold

downgrade

$30 -> $29

2025-08-06

Reason

Jefferies

Samad Samana

Price Target

$30 -> $29

2025-08-06

downgrade

Hold

Reason

Jefferies analyst Samad Samana lowered the firm's price target on RingCentral to $29 from $30 and keeps a Hold rating on the shares following modest Q2 beats across the board, largely in-line Q3 guidance, and maintained FY25 revenue guidance. With the revenue outlook unchanged, the firm thinks investors will likely remain on the sidelines until they have more confidence that growth can stabilize, the analyst says.

UBS

Neutral

downgrade

$33 -> $32

2025-08-06

Reason

UBS

Price Target

$33 -> $32

2025-08-06

downgrade

Neutral

Reason

UBS lowered the firm's price target on RingCentral to $32 from $33 and keeps a Neutral rating on the shares.

KeyBanc

initiated

2025-06-05

Reason

KeyBanc

Price Target

2025-06-05

initiated

Reason

KeyBanc initiated coverage of RingCentral with a Sector Weight rating.

See All Ratings

Valuation Metrics

The current forward P/E ratio for RingCentral Inc (RNG.N) is 6.72, compared to its 5-year average forward P/E of 63.74. For a more detailed relative valuation and DCF analysis to assess RingCentral Inc 's fair value, click here.

Forward PE
Forward EV/EBITDA
Forward PS

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

63.74

Current PE

6.72

Overvalued PE

156.14

Undervalued PE

-28.66

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

39.53

Current EV/EBITDA

5.92

Overvalued EV/EBITDA

90.43

Undervalued EV/EBITDA

-11.38

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

5.31

Current PS

30.12

Overvalued PS

12.05

Undervalued PS

-1.43