NASDAQ:RBBN

Ribbon Communications Stock Forecast, Price & News

$6.02
-0.20 (-3.22 %)
(As of 09/20/2021 12:00 AM ET)
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Today's Range
$5.92
$6.18
50-Day Range
$6.03
$7.63
52-Week Range
$3.61
$11.25
Volume316,992 shs
Average Volume574,603 shs
Market Capitalization$891.65 million
P/E Ratio8.72
Dividend YieldN/A
Beta1.08
30 days | 90 days | 365 days | Advanced Chart
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Ribbon Communications logo

About Ribbon Communications

Ribbon 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.

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MarketRank

Overall MarketRank

2.39 out of 5 stars

Computer And Technology Sector

185th out of 858 stocks

Computer Integrated Systems Design Industry

11th out of 39 stocks

Analyst Opinion: 3.5Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Ribbon Communications (NASDAQ:RBBN) Frequently Asked Questions

Is Ribbon Communications a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ribbon Communications in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research 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 Thursday, November 4th 2021.
View our earnings forecast for Ribbon Communications
.

How were Ribbon Communications' earnings last quarter?

Ribbon Communications Inc. (NASDAQ:RBBN) announced its quarterly earnings results on Wednesday, July, 28th. The communications equipment provider reported $0.17 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.08 by $0.09. The communications equipment provider had revenue of $211.21 million for the quarter, compared to analyst estimates of $217.40 million. Ribbon Communications had a net margin of 12.35% and a trailing twelve-month return on equity of 24.01%.
View Ribbon Communications' earnings history
.

How has Ribbon Communications' stock been impacted by Coronavirus?

Ribbon Communications' stock was trading at $2.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, RBBN stock has increased by 133.3% and is now trading at $6.02.
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 FY 2021 earnings guidance on Wednesday, August, 4th. The company provided EPS guidance of $0.490-$0.540 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.510. The company issued revenue guidance of $900 million-$900 million, compared to the consensus revenue estimate of $930.40 million.

What price target have analysts set for RBBN?

1 brokerages have issued 1 year price targets for Ribbon Communications' stock. Their forecasts range from $11.50 to $11.50. On average, they expect Ribbon Communications' stock price to reach $11.50 in the next year. This suggests a possible upside of 91.0% 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:
  • Bruce William McClelland, President, Chief Executive Officer & Director
  • Mick Lopez, Chief Financial Officer & Executive Vice President
  • Jamie Gibson, Vice President-Technology & Sales Engineering
  • Anthony Scarfo, Executive VP & GM-Cloud & Edge Business Unit
  • Patrick W. Macken, Secretary, Chief Legal Officer & Executive VP

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."

Who are Ribbon Communications' major shareholders?

Ribbon Communications' stock is owned by many different institutional and retail investors. Top institutional shareholders include Paradigm Capital Management Inc. NY (5.72%), BlackRock Inc. (4.45%), Vanguard Group Inc. (3.08%), Dimensional Fund Advisors LP (2.52%), Neuberger Berman Group LLC (2.10%) and Ophir Asset Management Pty Ltd (1.82%). Company insiders that own Ribbon Communications stock include Anthony Scarfo, Bruce William Mcclelland, Daryl Raiford, Eric S Marmurek, John R Mccready, Justin K Ferguson, Kent Mathy, Kevin W Riley, Miguel A Lopez, Patrick Joggerst, Richard J Lynch, Sam Bucci and Steven M Bruny.
View institutional ownership trends for Ribbon Communications
.

Which major investors are selling Ribbon Communications stock?

RBBN stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., Morgan Stanley, Morgan Stanley, PEAK6 Investments LLC, Citadel Advisors LLC, Group One Trading L.P., and Bank of America Corp DE. Company insiders that have sold Ribbon Communications company stock in the last year include Eric S Marmurek, and Sam Bucci.
View insider buying and selling activity for Ribbon Communications
or view top insider-selling stocks.

Which major investors are buying Ribbon Communications stock?

RBBN stock was acquired by a variety of institutional investors in the last quarter, including Impax Asset Management Group plc, First Trust Advisors LP, Ophir Asset Management Pty Ltd, Vanguard Group Inc., Paradigm Capital Management Inc. NY, State Street Corp, Dimensional Fund Advisors LP, and Putnam Investments LLC. Company insiders that have bought Ribbon Communications stock in the last two years include Bruce William Mcclelland, Kent Mathy, Miguel A Lopez, and Richard J Lynch.
View insider buying and selling activity for Ribbon Communications
or or view top insider-buying stocks.

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 $6.02.

How much money does Ribbon Communications make?

Ribbon Communications has a market capitalization of $891.65 million 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 1,152 workers across the globe.

Does Ribbon Communications have any subsidiaries?

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

When was Ribbon Communications founded?

Ribbon Communications was founded in 2017.

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 9/20/2021 by MarketBeat.com Staff
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