NASDAQ:RBBN Ribbon Communications (RBBN) Stock Forecast, Price & News $2.93 +0.07 (+2.45%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$2.88▼$2.9650-Day Range$2.30▼$3.4452-Week Range$2.19▼$4.84Volume460,172 shsAverage Volume541,951 shsMarket Capitalization$498.36 millionP/E RatioN/ADividend YieldN/APrice Target$6.33 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Ribbon Communications MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside116.2% Upside$6.33 Price TargetShort InterestHealthy1.64% of Float Sold ShortDividend StrengthN/ASustainability-1.02Upright™ Environmental ScoreNews Sentiment0.45Based on 4 Articles This WeekInsider TradingAcquiring Shares$4.88 M Bought Last QuarterProj. Earnings Growth21.05%From $0.19 to $0.23 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.78 out of 5 starsComputer And Technology Sector51st out of 609 stocksComputer Integrated Systems Design Industry3rd out of 37 stocks 3.5 Analyst's Opinion Consensus RatingRibbon Communications has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.33, Ribbon Communications has a forecasted upside of 116.2% from its current price of $2.93.Amount of Analyst CoverageRibbon Communications has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.64% of the float of Ribbon Communications has been sold short.Short Interest Ratio / Days to CoverRibbon Communications has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ribbon Communications has recently decreased by 3.39%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldRibbon Communications does not currently pay a dividend.Dividend GrowthRibbon Communications does not have a long track record of dividend growth. Previous Next 3.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRibbon Communications has received a 48.45% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Secure file sharing software", "General-purpose CRM systems", "Routers", and "Network gateways" products. See details.Environmental SustainabilityThe Environmental Impact score for Ribbon Communications is -1.02. Previous Next 2.5 News and Social Media Coverage News SentimentRibbon Communications has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Ribbon Communications this week, compared to 4 articles on an average week.Search Interest10 people have searched for RBBN on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat Follows3 people have added Ribbon Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ribbon Communications insiders have bought more of their company's stock than they have sold. Specifically, they have bought $4,881,260.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.77% of the stock of Ribbon Communications is held by insiders.Percentage Held by Institutions86.72% of the stock of Ribbon Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Ribbon Communications are expected to grow by 21.05% in the coming year, from $0.19 to $0.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ribbon Communications is -6.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ribbon Communications is -6.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRibbon Communications has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ribbon Communications (NASDAQ:RBBN) StockRibbon Communications, Inc. delivers communications software, IP and optical networking solutions to service providers, enterprises, and infrastructure sectors. It operates through the following segments: Cloud & Edge and IP Optical Networks. The Cloud and Edge segment provides secure and reliable software and hardware products, solutions, and services for enabling Voice over Internet Protocol (VoIP) communications, Voice over Long-Term Evolution (VoLTE) and Voice Over 5G (VoNR) communications, and Unified Communications and Collaboration (UC&C) within service provider and enterprise networks and from the cloud. The IP Optical Networks segment provides secure, and reliable hardware and software products solutions for IP networking, switching, routing, and optical transport designed to support and enable technologies like 5G, distributed cloud computing and corresponding applications by delivering ultra-low cost-per-bit transport and multi-service flexibility. The company was founded in 1997 and is headquartered in Plano, TX.Read More 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. Email Address RBBN Stock News HeadlinesJune 2, 2023 | msn.comPink Ribbon Open to celebrate 20th year of helping area breast cancer patientsMay 31, 2023 | msn.comBlue Ribbon Walk Steps Off Saturday To Support Oak Lawn 1st RespondersJune 4, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... 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But the good news is, if China invades Taiwan, there is a way to protect yourself.May 29, 2023 | americanbankingnews.comRibbon Communications (NASDAQ:RBBN) Lifted to Buy at StockNews.comMay 26, 2023 | finance.yahoo.com3 Network Software Stocks to Buy From a Prospering IndustryMay 25, 2023 | msn.comWade Boggs Puts Pabst Blue Ribbon Rivalry In Past, Named Newest SpokespersonMay 25, 2023 | finanznachrichten.deRibbon Communications Inc.: Ribbon Launches Ribbon Connect for ZoomMay 25, 2023 | finance.yahoo.comRibbon Launches Ribbon Connect for ZoomJune 4, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 25, 2023 | tmcnet.comTexas Lone Star Network Partners with Ribbon Communications to Boost Network CapacityMay 23, 2023 | markets.businessinsider.comJMP Securities Reaffirms Their Buy Rating on Ribbon Communications (RBBN)May 22, 2023 | finance.yahoo.comWeave Communications, Inc. (WEAV) Hit a 52 Week High, Can the Run Continue?May 17, 2023 | finanznachrichten.deRibbon Communications Inc.: Texas Lone Star Network Selects Ribbon's IP Wave Solutions to Augment Network CapacityMay 17, 2023 | finance.yahoo.comTexas Lone Star Network Selects Ribbon's IP Wave Solutions to Augment Network CapacityMay 14, 2023 | wfft.com10th Pink Ribbon Run brings hundreds to southwest Fort WayneMay 9, 2023 | msn.comPatrick Henry Academy wins prized Green Ribbon designationMay 9, 2023 | msn.comThe Cocoon wins Purple Ribbon AwardMay 8, 2023 | technews.tmcnet.comEasyKnock Acquires Leading Homebuying Solution Ribbon HomeMay 7, 2023 | americanbankingnews.comBruce William Mcclelland Purchases 10,000 Shares of Ribbon Communications Inc. (NASDAQ:RBBN) StockMay 3, 2023 | finance.yahoo.comRibbon Communications Inc. (NASDAQ:RBBN) Q1 2023 Earnings Call TranscriptMay 2, 2023 | msn.comSuperior Elementary celebrates national Blue Ribbon awardMay 2, 2023 | finance.yahoo.comDown -19.22% in 4 Weeks, Here's Why You Should You Buy the Dip in Ribbon Communications (RBBN)May 2, 2023 | americanbankingnews.comHead-To-Head Contrast: Aurora Innovation (NASDAQ:AUR) & Ribbon Communications (NASDAQ:RBBN)May 2, 2023 | americanbankingnews.comEquities Analysts Set Expectations for Ribbon Communications Inc.'s Q2 2023 Earnings (NASDAQ:RBBN)April 28, 2023 | forbes.comUpdate: RBBN, LXFR and MATW, April 28April 28, 2023 | msn.comJMP Securities Reiterates Ribbon Communications Inc - (RBBN) Market Outperform RecommendationApril 27, 2023 | finance.yahoo.comQ1 2023 Ribbon Communications Inc Earnings CallSee More Headlines RBBN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RBBN Company Calendar Last Earnings10/27/2021Today6/04/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Computer integrated systems design Sub-IndustryCommunications Equipment SectorComputer and Technology Current SymbolNASDAQ:RBBN CUSIP83591610 CIK1708055 Webwww.ribboncommunications.com Phone(978) 614-8100Fax978-614-8101Employees3,394Year Founded2017Price Target and Rating Average Stock Price Forecast$6.33 High Stock Price Forecast$7.00 Low Stock Price Forecast$6.00 Forecasted Upside/Downside+116.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.43) Trailing P/E RatioN/A Forward P/E Ratio15.42 P/E GrowthN/ANet Income$-98,080,000.00 Net Margins-7.98% Pretax Margin-9.32% Return on Equity1.58% Return on Assets0.62% Debt Debt-to-Equity Ratio0.48 Current Ratio1.25 Quick Ratio1.03 Sales & Book Value Annual Sales$819.76 million Price / Sales0.61 Cash Flow$0.48 per share Price / Cash Flow6.05 Book Value$2.78 per share Price / Book1.05Miscellaneous Outstanding Shares170,090,000Free Float167,076,000Market Cap$498.36 million OptionableOptionable Beta1.00 Social Links Key ExecutivesBruce William McClellandPresident, Chief Executive Officer & DirectorSam BucciChief Operating Officer & Executive Vice PresidentMick LopezChief Financial Officer & Executive Vice PresidentJamie GibsonVice President-Technology & Sales EngineeringAnthony ScarfoExecutive VP & GM-Cloud & Edge Business UnitKey CompetitorsOneSpanNASDAQ:OSPNEbixNASDAQ:EBIXUnisysNYSE:UISAsure SoftwareNASDAQ:ASURTelosNASDAQ:TLSView All CompetitorsInsiders & InstitutionsPrelude Capital Management LLCBought 15,000 shares on 6/1/2023Ownership: 0.009%Royce & Associates LPBought 576,500 shares on 5/23/2023Ownership: 0.339%Putnam Investments LLCBought 117,749 shares on 5/22/2023Ownership: 0.952%Ameriprise Financial Inc.Bought 45,697 shares on 5/22/2023Ownership: 0.068%New York State Common Retirement FundSold 12,223 shares on 5/18/2023Ownership: 0.019%View All Insider TransactionsView All Institutional Transactions RBBN Stock - 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 forecast for 2023? 3 Wall Street analysts have issued twelve-month price targets for Ribbon Communications' shares. Their RBBN share price forecasts range from $6.00 to $7.00. On average, they anticipate the company's share price to reach $6.33 in the next twelve months. This suggests a possible upside of 116.2% 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 start of the year. Since then, RBBN shares have increased by 5.0% and is now trading at $2.93. 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, July 26th 2023. View our RBBN earnings forecast. How were Ribbon Communications' earnings last quarter? Ribbon Communications Inc. (NASDAQ:RBBN) issued its quarterly earnings results on Wednesday, October, 27th. The communications equipment provider reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by $0.01. The communications equipment provider had revenue of $210.40 million for the quarter, compared to analyst estimates of $219.73 million. Ribbon Communications had a positive trailing twelve-month return on equity of 1.58% and a negative net margin of 7.98%. During the same period in the previous year, the firm earned $0.04 earnings per share. 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), Defiance Next Gen Connectivity ETF (FIVG), Invesco Nasdaq Future Gen 200 ETF (QQQS), IQ Chaikin U.S. Small Cap ETF (CSML), 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 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $205.00 million-$215.00 million, compared to the consensus revenue estimate of $213.02 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). What is Ribbon Communications' stock symbol? Ribbon Communications trades on the NASDAQ under the ticker symbol "RBBN." Who are Ribbon Communications' major shareholders? Ribbon Communications' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Paradigm Capital Management Inc. NY (3.93%), BlackRock Inc. (3.59%), Dimensional Fund Advisors LP (2.33%), Geode Capital Management LLC (0.96%), Putnam Investments LLC (0.95%) and State Street Corp (0.95%). Insiders that own company stock include Anthony Scarfo, Bruce William Mcclelland, Bruns H Grayson, Chase & Co Jpmorgan, Daryl Raiford, Eric S Marmurek, 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. What is Ribbon Communications' stock price today? One share of RBBN stock can currently be purchased for approximately $2.93. How much money does Ribbon Communications make? Ribbon Communications (NASDAQ:RBBN) has a market capitalization of $498.36 million and generates $819.76 million in revenue each year. The communications equipment provider earns $-98,080,000.00 in net income (profit) each year or ($0.43) on an earnings per share basis. How many employees does Ribbon Communications have? The company employs 3,394 workers across the globe. Does Ribbon Communications have any subsidiaries? The following companies are subsidiares of Ribbon Communications: ECI Telecom.Read More How can I contact Ribbon Communications? Ribbon Communications' mailing address is 4 TECHNOLOGY PARK DRIVE, WESTFORD MA, 01886. The official website for the company is www.ribboncommunications.com. The communications equipment provider can be reached via phone at (978) 614-8100, via email at ir@rbbn.com, or via fax at 978-614-8101. This page (NASDAQ:RBBN) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ribbon Communications Inc. 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