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S&P 500   3,818.83
DOW   31,029.31
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S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
NASDAQ:RBBN

Ribbon Communications Stock Forecast, Price & News

$2.96
-0.04 (-1.33%)
(As of 06/29/2022 04:00 PM ET)
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Today's Range
$2.92
$3.04
50-Day Range
$2.62
$3.64
52-Week Range
$2.57
$7.87
Volume
337,409 shs
Average Volume
548,345 shs
Market Capitalization
$444.41 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.75
30 days | 90 days | 365 days | Advanced Chart

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RBBN Stock Forecast (MarketRank)

Overall MarketRank

2.55 out of 5 stars

Computer And Technology Sector

195th out of 937 stocks

Computer Integrated Systems Design Industry

7th out of 50 stocks

Analyst Opinion: 3.5Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -
Ribbon Communications logo

About Ribbon Communications (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 News Headlines

Update: RBBN, June 15
See More Headlines

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:RBBN
CUSIP
83591610
Employees
3,685
Year Founded
2017

Company Calendar

Last Earnings
4/27/2022
Today
6/29/2022
Next Earnings (Estimated)
7/27/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$6.75
High Stock Price Forecast
$7.00
Low Stock Price Forecast
$6.50
Forecasted Upside/Downside
+128.0%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
2 Analysts

Profitability

Net Income
$-177.18 million
Pretax Margin
-28.61%

Debt

Sales & Book Value

Annual Sales
$844.96 million
Cash Flow
$1.67 per share
Book Value
$3.55 per share

Miscellaneous

Free Float
147,482,000
Market Cap
$444.41 million
Optionable
Optionable
Beta
1.03

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Ribbon Communications 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" Ribbon Communications stock.
View analyst ratings for Ribbon Communications
or view top-rated stocks.

What is Ribbon Communications' stock price forecast for 2022?

2 Wall Street analysts have issued 1-year price objectives for Ribbon Communications' shares. Their RBBN stock forecasts range from $6.50 to $7.00. On average, they expect Ribbon Communications' share price to reach $6.75 in the next year. This suggests a possible upside of 128.0% from the stock's current price.
View analysts' price targets for Ribbon Communications
or view top-rated stocks among Wall Street analysts.

How has Ribbon Communications' stock price performed in 2022?

Ribbon Communications' stock was trading at $6.05 at the start of the year. Since then, RBBN stock has decreased by 51.1% and is now trading at $2.96.
View the best growth stocks for 2022 here
.

When is Ribbon Communications' next earnings date?

Ribbon Communications is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for Ribbon Communications
.

How were Ribbon Communications' earnings last quarter?

Ribbon Communications Inc. (NASDAQ:RBBN) released its quarterly earnings data on Wednesday, April, 27th. The communications equipment provider reported ($0.11) EPS for the quarter, meeting analysts' consensus estimates of ($0.11). The communications equipment provider had revenue of $173.20 million for the quarter, compared to analyst estimates of $172.50 million. Ribbon Communications had a positive trailing twelve-month return on equity of 2.76% and a negative net margin of 24.53%.
View Ribbon Communications' earnings history
.

Who are Ribbon Communications' key executives?

Ribbon Communications' management team includes the following people:
  • Mr. Bruce W. McClelland, Pres, CEO & Director (Age 55, Pay $781.42k)
  • Mr. Miguel A. Lopez, Exec. VP & CFO (Age 62, Pay $547.62k) (LinkedIn Profile)
  • Mr. Patrick W. Macken, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 48, Pay $431.45k)
  • Mr. Salvatore Bucci, Exec. VP & GM of IP Optical Networks Bus. Unit (Age 57, Pay $480.61k)
  • Mr. Stephen J. McCaffery, Exec. VP of Sales- EMEA & APAC (Age 55, Pay $469.58k)
  • Mr. Jamie Gibson, VP of Technology & Sales Engineering
  • Mr. Tom Berry, VP of Investor Relations
  • Ms. Bita Milanian, Sr. VP of Global Marketing
  • Ms. Petrena Ferguson, Sr. VP of HR
  • Mr. Anthony Scarfo, Exec. VP and GM of Cloud & Edge Bus. Unit (Age 61)

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).

What is Ribbon Communications' stock symbol?

Ribbon Communications trades on the NASDAQ under the ticker symbol "RBBN."

How do I buy shares of Ribbon Communications?

Shares of RBBN 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.

What is Ribbon Communications' stock price today?

One share of RBBN stock can currently be purchased for approximately $2.96.

How much money does Ribbon Communications make?

Ribbon Communications (NASDAQ:RBBN) has a market capitalization of $444.41 million and generates $844.96 million in revenue each year. The communications equipment provider earns $-177.18 million in net income (profit) each year or ($1.370010) on an earnings per share basis.

How many employees does Ribbon Communications have?

Ribbon Communications employs 3,685 workers across the globe.

Does Ribbon Communications have any subsidiaries?

The following companies are subsidiares of Ribbon Communications: ECI Telecom.
Read More

When was Ribbon Communications founded?

Ribbon Communications was founded in 2017.

How can I contact Ribbon Communications?

Ribbon Communications' mailing address is 4 TECHNOLOGY PARK DRIVE, WESTFORD MA, 01886. The official website for Ribbon Communications is www.ribboncommunications.com. The communications equipment provider can be reached via phone at (978) 614-8100, via email at [email protected], or via fax at 978-614-8101.

This page (NASDAQ:RBBN) was last updated on 6/30/2022 by MarketBeat.com Staff

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