S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
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Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
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Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
All the trading advice you’ve ever received boils down to this (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
All the trading advice you’ve ever received boils down to this (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
All the trading advice you’ve ever received boils down to this (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
All the trading advice you’ve ever received boils down to this (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
All the trading advice you’ve ever received boils down to this (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
All the trading advice you’ve ever received boils down to this (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way

Ribbon Communications (RBBN) Stock Price, News & Analysis

$2.16
-0.02 (-0.92%)
(As of 12/8/2023 ET)
Compare
Today's Range
$2.15
$2.22
50-Day Range
$1.86
$2.58
52-Week Range
$1.78
$4.84
Volume
296,584 shs
Average Volume
308,934 shs
Market Capitalization
$370.94 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.88

Ribbon Communications MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
172.0% Upside
$5.88 Price Target
Short Interest
Healthy
2.17% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.94
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
100.00%
From $0.11 to $0.22 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.43 out of 5 stars

Computer And Technology Sector

146th out of 583 stocks

Computer Integrated Systems Design Industry

7th out of 32 stocks


RBBN stock logo

About Ribbon Communications Stock (NASDAQ:RBBN)

Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products; and solutions and services for enabling voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications and unified communications and collaboration. It also offers session border controller and network transformation products. This segment serves private, public, or hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. It also provides multiple solutions for VoIP, VoLTE, VoNR, and UC&C in network, on-premises, or via the telco cloud. The IP Optical Networks segment provides hardware and software solutions for IP networking, switching, routing, and optical transport to support and enable technologies, such as 5G, distributed cloud computing, and corresponding applications. It also offers multiple solutions, including 5G-native solutions for mobile-backhaul, metro and edge aggregation, core networking, data center interconnect, legacy NTR, and transport solutions for wholesale carriers. This segment serves utilities, government, defense, finance, transportation, and education and research industries, as well as service providers and enterprises. It also provides advanced analytics solutions and next generation products that provides cloud-native and streaming analytics platform for networks and subscribers. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano, Texas.

RBBN Stock Price History

RBBN Stock News Headlines

Ribbon Communications Inc RBBN
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Update: RBBN, October 26
Q3 2023 Ribbon Communications Inc Earnings Call
Craig-Hallum Keeps Their Buy Rating on Ribbon Communications (RBBN)
Ribbon Communications Inc. (RBBN)
See More Headlines
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Company Calendar

Last Earnings
10/25/2023
Today
12/10/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/21/2024

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:RBBN
CUSIP
83591610
Employees
3,394
Year Founded
2017

Price Target and Rating

Average Stock Price Target
$5.88
High Stock Price Target
$6.00
Low Stock Price Target
$5.50
Potential Upside/Downside
+172.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-98,080,000.00
Pretax Margin
-8.18%

Debt

Sales & Book Value

Annual Sales
$819.76 million
Cash Flow
$0.48 per share
Book Value
$3.08 per share

Miscellaneous

Free Float
168,451,000
Market Cap
$370.94 million
Optionable
Optionable
Beta
1.14

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Key Executives

  • Mr. Bruce W. McClelland (Age 56)
    President, CEO & Director
    Comp: $784.51k
  • Mr. Miguel A. Lopez BenMr. Miguel A. Lopez Ben (Age 63)
    Executive VP & CFO
    Comp: $549.52k
  • Mr. Salvatore Bucci (Age 58)
    Executive VP & COO
    Comp: $573.09k
  • Mr. Patrick W. Macken (Age 49)
    Executive VP, Chief Legal Officer & Corporate Secretary
    Comp: $434.86k
  • Mr. Jamie Gibson
    Vice President of Technology & Sales Engineering
  • Mr. Dan Redington (Age 56)
    Executive Vice President of Global Sales
  • Ms. Joni Roberts
    Chief Marketing Officer & Senior VP
  • Ms. Petrena Ferguson
    Senior Vice President of Human Resources
  • Mr. David Stokes
    Head of IP Solutions & IP Portfolio Marketing
  • Lindsay Savarese
    Investor Relations Officer














RBBN Stock Analysis - Frequently Asked Questions

Should I buy or sell Ribbon Communications stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ribbon Communications in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RBBN shares.
View RBBN analyst ratings
or view top-rated stocks.

What is Ribbon Communications' stock price target for 2024?

4 Wall Street research analysts have issued 12-month price targets for Ribbon Communications' stock. Their RBBN share price targets range from $5.50 to $6.00. On average, they predict the company's share price to reach $5.88 in the next twelve months. This suggests a possible upside of 172.0% from the stock's current price.
View analysts price targets for RBBN
or view top-rated stocks among Wall Street analysts.

How have RBBN shares performed in 2023?

Ribbon Communications' stock was trading at $2.79 at the beginning of the year. Since then, RBBN stock has decreased by 22.6% and is now trading at $2.16.
View the best growth stocks for 2023 here
.

When is Ribbon Communications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our RBBN earnings forecast
.

How were Ribbon Communications' earnings last quarter?

Ribbon Communications Inc. (NASDAQ:RBBN) announced its quarterly earnings results on Wednesday, October, 25th. The communications equipment provider reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by $0.01. The communications equipment provider had revenue of $203.16 million for the quarter, compared to analyst estimates of $219.24 million. Ribbon Communications had a positive trailing twelve-month return on equity of 2.07% and a negative net margin of 6.33%.

What ETFs hold Ribbon Communications' stock?

ETFs with the largest weight of Ribbon Communications (NASDAQ:RBBN) stock in their portfolio include iShares North American Tech-Multimedia Networking ETF (IGN) and Invesco Nasdaq Future Gen 200 ETF (QQQS).Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO).

What other stocks do shareholders of Ribbon Communications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ribbon Communications investors own include Bank of Hawaii (BOH), InterDigital (IDCC), STAG Industrial (STAG), NVIDIA (NVDA), Overstock.com (OSTK), Enphase Energy (ENPH), Amyris (AMRS), Pure Storage (PSTG), QUALCOMM (QCOM) and Boeing (BA).

Who are Ribbon Communications' major shareholders?

Ribbon Communications' stock is owned by many different institutional and retail investors. Top institutional investors include Paradigm Capital Management Inc. NY (4.36%), First Wilshire Securities Management Inc. (1.03%), Jacobs Levy Equity Management Inc. (0.58%), Charles Schwab Investment Management Inc. (0.40%), Brandes Investment Partners LP (0.26%) and Federated Hermes Inc. (0.24%). Insiders that own company stock include Bruce William Mcclelland, Bruns H Grayson, Chase & Co Jpmorgan, Miguel A Lopez, Sam Bucci and Swarth Investments Ltd.
View institutional ownership trends
.

How do I buy shares of Ribbon Communications?

Shares of RBBN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Ribbon Communications have any subsidiaries?
The following companies are subsidiares of Ribbon Communications: ECI Telecom.
Read More
This page (NASDAQ:RBBN) was last updated on 12/10/2023 by MarketBeat.com Staff

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