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Ribbon Communications (RBBN) Stock Price, News & Analysis

-0.08 (-2.46%)
(As of 05/23/2024 ET)
Today's Range
50-Day Range
52-Week Range
338,432 shs
Average Volume
386,613 shs
Market Capitalization
$551.29 million
P/E Ratio
Dividend Yield
Price Target

Ribbon Communications MarketRank™ Stock Analysis

Analyst Rating
3.00 Rating Score
89.3% Upside
$6.00 Price Target
Short Interest
2.35% of Float Sold Short
Dividend Strength
Upright™ Environmental Score
News Sentiment
Insider Trading
Acquiring Shares
$297,720 Bought Last Quarter
Proj. Earnings Growth
From $0.14 to $0.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.54 out of 5 stars

Computer And Technology Sector

214th out of 596 stocks

Computer Integrated Systems Design Industry

8th out of 33 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, solutions, and services for 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 controllers; and network transformation products, such as signaling products, call controllers, media gateways, and application servers. This segment serves private, public, or hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. The IP Optical Networks segment provides hardware and software products and solutions for IP networking, switching, routing, and optical transport for 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, multi-service access, 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. 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

Q1 2024 Ribbon Communications Inc Earnings Call
Ribbon Communications Shares Jump After 1Q Report
Ribbon Communications: Q1 Earnings Snapshot
Update: RBBN, April 24
Ribbon cut on Wesselman Playground
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Computer integrated systems design
Communications Equipment
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
2 Analysts


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$826.34 million
Cash Flow
$0.50 per share
Book Value
$2.44 per share


Free Float
Market Cap
$551.29 million

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Key Executives

  • Mr. Bruce W. McClelland (Age 57)
    President, CEO & Director
    Comp: $782.7k
  • Mr. Salvatore Bucci (Age 59)
    Executive VP & COO
    Comp: $498.46k
  • Mr. Patrick W. Macken (Age 50)
    Executive VP, Chief Legal Officer & Corporate Secretary
    Comp: $520.58k
  • Mr. Dan Redington (Age 56)
    Executive Vice President of Global Sales
    Comp: $487.15k
  • Mr. Jamie Gibson
    Vice President of Technology & Sales Engineering
  • 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?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ribbon Communications in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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?

2 brokerages have issued 1-year price objectives for Ribbon Communications' shares. Their RBBN share price targets range from $5.50 to $6.50. On average, they anticipate the company's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 89.3% 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 2024?

Ribbon Communications' stock was trading at $2.90 at the beginning of the year. Since then, RBBN stock has increased by 9.3% and is now trading at $3.17.
View the best growth stocks for 2024 here

When is Ribbon Communications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our RBBN earnings forecast

How were Ribbon Communications' earnings last quarter?

Ribbon Communications Inc. (NASDAQ:RBBN) issued its quarterly earnings data on Wednesday, April, 24th. The communications equipment provider reported ($0.03) EPS for the quarter, meeting the consensus estimate of ($0.03). The communications equipment provider earned $179.66 million during the quarter, compared to the consensus estimate of $184.22 million. Ribbon Communications had a negative net margin of 7.11% and a positive trailing twelve-month return on equity of 4.32%.

What ETFs hold Ribbon Communications' stock?

ETFs with the largest weight of Ribbon Communications (NASDAQ:RBBN) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate ETF (IGN).Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO).

What guidance has Ribbon Communications issued on next quarter's earnings?

Ribbon Communications updated its second quarter 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $200.0 million-$210.0 million, compared to the consensus revenue estimate of $208.2 million.

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), (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 a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.04%), Jacobs Levy Equity Management Inc. (0.47%), Silverberg Bernstein Capital Management LLC (0.23%), GSA Capital Partners LLP (0.14%), Assenagon Asset Management S.A. (0.09%) and Pacific Ridge Capital Partners LLC (0.09%). Insiders that own company stock include Bruce William Mcclelland, Bruns H Grayson, Chase & Co Jpmorgan, Dan Redington, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 5/24/2024 by Staff

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