RingCentral (NYSE:RNG) Releases Q4 2026 Earnings Guidance

Key Points

• RingCentral raised its guidance: Q4 2026 EPS is expected at $1.32–$1.37, above the $1.24 analyst consensus, while revenue guidance of $673.0 million–$680.0 million is broadly in line with expectations. Full-year 2026 EPS guidance was updated to $5.07–$5.12.
• Recent results beat estimates and lifted the stock: RingCentral reported quarterly EPS of $1.33 and revenue of $676.04 million, exceeding analyst forecasts, with revenue up 5.8% year over year. Shares rose 12.4% to open at $89.30.
• Analyst sentiment improved but remains mixed: Needham raised its price target to $110 and maintained a “buy” rating, while Morgan Stanley lifted its target to $91 but kept an “equal weight” rating. The broader analyst consensus remains “Hold,” with a $72.50 target price.

RingCentral (NYSE:RNG - Get Free Report) updated its fourth quarter 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 1.320-1.370 for the period, compared to the consensus EPS estimate of 1.240. The company issued revenue guidance of $673.0 million-$680.0 million, compared to the consensus revenue estimate of $672.6 million. RingCentral also updated its FY 2026 guidance to 5.070-5.120 EPS.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on RNG shares. Needham & Company LLC increased their price objective on RingCentral from $85.00 to $110.00 and gave the company a "buy" rating in a research report on Friday. Oppenheimer reaffirmed an "outperform" rating on shares of RingCentral in a research report on Friday. Morgan Stanley upped their target price on shares of RingCentral from $41.00 to $91.00 and gave the company an "equal weight" rating in a research note on Friday. UBS Group set a $91.00 price target on shares of RingCentral in a report on Friday. Finally, Jefferies Financial Group restated a "hold" rating and issued a $75.00 price target on shares of RingCentral in a research report on Friday. Five equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $72.50.

RingCentral Trading Up 12.4%

• It's RingCentral NYSE: RNG You Want In Your 2021 Portfolio, Not Zoom NASDAQ: ZM

RNG opened at $89.30 on Friday. The stock's 50 day simple moving average is $73.63 and its 200-day simple moving average is $54.03. The stock has a market cap of $7.46 billion, a PE ratio of 69.99, a P/E/G ratio of 1.43 and a beta of 1.10. RingCentral has a 1 year low of $24.14 and a 1 year high of $98.14.

RingCentral (NYSE:RNG - Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The software maker reported $1.33 earnings per share for the quarter, topping analysts' consensus estimates of $1.28 by $0.05. The firm had revenue of $676.04 million for the quarter, compared to the consensus estimate of $667.30 million. RingCentral had a net margin of 4.27% and a negative return on equity of 34.49%. The business's revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.13 earnings per share. Equities analysts forecast that RingCentral will post 2.89 earnings per share for the current fiscal year.

RingCentral Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, November 6th will be paid a $0.1250 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $0.50 dividend on an annualized basis and a yield of 0.6%. RingCentral's payout ratio is presently 40.00%.

Insider Transactions at RingCentral

In other RingCentral news, Director Amy Shenkan sold 1,264 shares of the firm's stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $78.89, for a total transaction of $99,716.96. Following the completion of the transaction, the director owned 28,108 shares in the company, valued at $2,217,440.12. This trade represents a 4.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Kira Makagon sold 36,185 shares of the firm's stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $70.11, for a total transaction of $2,536,930.35. Following the transaction, the chief operating officer owned 245,385 shares of the company's stock, valued at approximately $17,203,942.35. This represents a 12.85% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 84,625 shares of company stock valued at $6,024,953. Corporate insiders own 7.30% of the company's stock.

RingCentral News Summary

Here are the key news stories impacting RingCentral this week:

• Positive Sentiment: Better-than-expected earnings and guidance: RingCentral reported third-quarter adjusted earnings of $1.33 per share, ahead of the $1.27–$1.28 consensus, while revenue of $676.0 million exceeded estimates of $667.3 million. Earnings rose from $1.13 per share a year earlier, and revenue increased 5.8%. The company also raised fiscal 2026 guidance above analyst expectations, supporting the sharp premarket advance. Why RingCentral Shares Are Trading Higher by 15 Percent
• Positive Sentiment: Analysts raised price targets: Needham lifted its target from $85 to $110 and maintained a “buy” rating, implying substantial upside from the reference price. Morgan Stanley raised its target from $41 to $91, though it kept an “equal weight” rating, signaling a more cautious view.
• Positive Sentiment: New dividend declared: RingCentral announced a quarterly dividend of $0.125 per share, or $0.50 annualized. While the approximately 0.6% yield is modest, the payout may improve shareholder returns and investor confidence.
• Neutral Sentiment: Momentum brings valuation concerns: RingCentral recently reached a new 52-week high, with investor attention focused on artificial-intelligence demand and future growth. Continued gains may depend on the company converting that demand into stronger revenue growth and profitability.
• Negative Sentiment: Shareholder investigation adds legal risk: Levi & Korsinsky announced an investigation into possible fiduciary-duty breaches by certain RingCentral officers and directors. The announcement does not establish wrongdoing, but it could create reputational, litigation, and headline risk for shareholders. Shareholder Alert Regarding RingCentral Investigation

About RingCentral

RingCentral, Inc is a provider of cloud-based business communications and collaboration solutions. Its platform enables organizations to manage business phone services, team messaging, video meetings, contact center operations and other communications through internet-based applications rather than traditional on-premises systems.

The company's offerings include RingEX, a unified communications platform that combines voice, messaging and video; RingCentral Video for online meetings and collaboration; and RingCX, a cloud contact center solution.

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