NASDAQ:RBBN

Ribbon Communications Stock Forecast, Price & News

$7.20
-0.05 (-0.69 %)
(As of 07/23/2021 11:59 AM ET)
Add
Compare
Today's Range
$7.12
$7.21
50-Day Range
$6.94
$8.25
52-Week Range
$3.61
$11.25
Volume3,752 shs
Average Volume227,011 shs
Market Capitalization$1.06 billion
P/E Ratio15.00
Dividend YieldN/A
Beta1.09
30 days | 90 days | 365 days | Advanced Chart
Receive RBBN 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.


Ribbon Communications logo

About Ribbon Communications

Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, Japan, 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. This segment 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. 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 by delivering ultra-low cost-per-bit transport and multi-service flexibility. 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; and core-to-edge products, and end-to-end service assurance and analytics solutions, and integrated SD-WAN services. Ribbon Communications has strategic partnerships with Orion Innovation. 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.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.31 out of 5 stars

Computer And Technology Sector

29th out of 1,647 stocks

Computer Integrated Systems Design Industry

2nd out of 64 stocks

Analyst Opinion: 3.5Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Ribbon Communications (NASDAQ:RBBN) Frequently Asked Questions

Is Ribbon Communications a buy 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 stocks does MarketBeat like better than Ribbon Communications?

Wall Street analysts have given Ribbon Communications a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ribbon Communications wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Ribbon Communications' next earnings date?

Ribbon Communications is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Ribbon Communications
.

How can I listen to Ribbon Communications' earnings call?

Ribbon Communications will be holding an earnings conference call on Wednesday, July 28th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "137200791".

How were Ribbon Communications' earnings last quarter?

Ribbon Communications Inc. (NASDAQ:RBBN) released its quarterly earnings results on Wednesday, April, 28th. The communications equipment provider reported $0.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.01. The communications equipment provider had revenue of $192.77 million for the quarter, compared to analysts' expectations of $192.52 million. Ribbon Communications had a net margin of 8.77% and a trailing twelve-month return on equity of 20.02%.
View Ribbon Communications' earnings history
.

How has Ribbon Communications' stock price been impacted by COVID-19 (Coronavirus)?

Ribbon Communications' stock was trading at $2.58 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RBBN shares have increased by 177.9% and is now trading at $7.17.
View which stocks have been most impacted by COVID-19
.

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

Ribbon Communications updated its second quarter 2021 earnings guidance on Wednesday, May, 5th. The company provided EPS guidance of 0.090-0.110 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.110. The company issued revenue guidance of $215 million-$225 million, compared to the consensus revenue estimate of $221.92 million.

What price target have analysts set for RBBN?

2 brokerages have issued 1 year price targets for Ribbon Communications' shares. Their forecasts range from $6.00 to $14.00. On average, they anticipate Ribbon Communications' share price to reach $10.00 in the next year. This suggests a possible upside of 39.5% from the stock's current price.
View analysts' price targets for Ribbon Communications
or view top-rated stocks among Wall Street analysts.

Who are Ribbon Communications' key executives?

Ribbon Communications' management team includes the following people:
  • Mr. Bruce W. McClelland, Pres, CEO & Director (Age 54, Pay $1.39M)
  • Mr. Miguel A. Lopez, Exec. VP & CFO (Age 61, Pay $795.75k)
  • Mr. Patrick W. Macken, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 47, Pay $722.62k)
  • Mr. Anthony Scarfo, Exec. VP and GM of Cloud & Edge Bus. Unit (Age 60, Pay $831.91k)
  • Mr. Steven M. Bruny, Exec. VP of Sales - Americas Region (Age 62, Pay $814.33k)
  • Mr. Salvatore Bucci, Exec. VP & GM of IP Optical Networks Bus. Unit (Age 56, Pay $360.17k)
  • Ms. Sara Leggat, Head of Investor Relations
  • Mr. Sean P. Matthews CPA, Exec. VP of Corp. Devel. and Strategy
  • Ms. Petrena Ferguson, Sr. VP of HR
  • Ms. Bita Milanian, Sr. VP of Global Marketing

Who are some of Ribbon Communications' key competitors?

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 The 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 $7.17.

How much money does Ribbon Communications make?

Ribbon Communications has a market capitalization of $1.06 billion and generates $843.79 million in revenue each year. The communications equipment provider earns $88.59 million in net income (profit) each year or $0.61 on an earnings per share basis.

How many employees does Ribbon Communications have?

Ribbon Communications employs 3,784 workers across the globe.

What is Ribbon Communications' official website?

The official website for Ribbon Communications is www.ribboncommunications.com.

Where are Ribbon Communications' headquarters?

Ribbon Communications is headquartered at 4 TECHNOLOGY PARK DRIVE, WESTFORD MA, 01886.

How can I contact Ribbon Communications?

Ribbon Communications' mailing address is 4 TECHNOLOGY PARK DRIVE, WESTFORD MA, 01886. The communications equipment provider can be reached via phone at 978-614-8100 or via email at [email protected]


This page was last updated on 7/23/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.