S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
NASDAQ:RBBN

Ribbon Communications (RBBN) Stock Price, News & Analysis

$3.11
-0.02 (-0.64%)
(As of 02/27/2024 ET)
Today's Range
$3.10
$3.18
50-Day Range
$2.60
$3.51
52-Week Range
$1.78
$4.64
Volume
235,246 shs
Average Volume
445,909 shs
Market Capitalization
$533.99 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.83

Ribbon Communications MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
87.6% Upside
$5.83 Price Target
Short Interest
Bearish
2.62% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.95
Upright™ Environmental Score
News Sentiment
0.31mentions of Ribbon Communications in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$98,318 Sold Last Quarter
Proj. Earnings Growth
N/A

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.

3.95 out of 5 stars

Computer And Technology Sector

171st out of 595 stocks

Computer Integrated Systems Design Industry

6th out of 35 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

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
CALM, GLYC and RBBN are among after hour movers
Interlink Telecom Selects Ribbon for DCI Solution
See More Headlines
Receive RBBN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ribbon Communications and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
10/27/2021
Today
2/27/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

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
$5.83
High Stock Price Target
$6.00
Low Stock Price Target
$5.50
Potential Upside/Downside
+87.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-66,210,000.00
Pretax Margin
-8.18%

Debt

Sales & Book Value

Annual Sales
$826.34 million
Cash Flow
$0.48 per share
Book Value
$3.08 per share

Miscellaneous

Free Float
168,421,000
Market Cap
$533.99 million
Optionable
Optionable
Beta
1.19

Social Links

(Almost) Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report

Key Executives

  • Mr. Bruce W. McClelland (Age 57)
    President, CEO & Director
    Comp: $784.51k
  • Mr. Miguel A. Lopez BenMr. Miguel A. Lopez Ben (Age 64)
    Executive VP & CFO
    Comp: $549.52k
  • Mr. Salvatore Bucci (Age 59)
    Executive VP & COO
    Comp: $573.09k
  • Mr. Patrick W. Macken (Age 50)
    Executive VP, Chief Legal Officer & Corporate Secretary
    Comp: $434.86k
  • Mr. Jamie Gibson
    Vice President of Technology & Sales Engineering
  • Mr. Dan Redington (Age 57)
    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?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ribbon Communications in the last year. There are currently 3 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?

3 analysts have issued 1-year price targets for Ribbon Communications' shares. Their RBBN share price targets range from $5.50 to $6.00. On average, they expect the company's share price to reach $5.83 in the next year. This suggests a possible upside of 87.6% 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 on January 1st, 2024. Since then, RBBN shares have increased by 7.2% and is now trading at $3.11.
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, April 24th 2024.
View our RBBN earnings forecast
.

How were Ribbon Communications' earnings last quarter?

Ribbon Communications Inc. (NASDAQ:RBBN) released its quarterly earnings results on Wednesday, October, 27th. The communications equipment provider reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.01. The communications equipment provider had revenue of $210.40 million for the quarter, compared to analysts' expectations of $219.73 million. Ribbon Communications had a negative net margin of 8.01% and a positive trailing twelve-month return on equity of 3.53%. During the same period in the previous year, the company posted $0.04 EPS.

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) and Invesco Nasdaq Future Gen 200 ETF (QQQS).Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO).

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

Ribbon Communications updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $180.0 million-$190.0 million, compared to the consensus revenue estimate of $193.8 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), 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 a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.07%), Dimensional Fund Advisors LP (3.00%), First Wilshire Securities Management Inc. (0.69%), Northern Trust Corp (0.50%), Intrinsic Edge Capital Management LLC (0.43%) and Charles Schwab Investment Management Inc. (0.40%). 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 2/28/2024 by MarketBeat.com Staff