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Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
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German leader continues Gulf tour with stops in UAE, Qatar
Finally... Some Good News (Ad)pixel
Labour conference starts with focus on 'immoral' tax cuts
Poverty and inflation: Egypt's economy hit by global turmoil
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
German leader seeks energy deals, alliances on Gulf trip
Saudi Arabia's triumphant week reclaims the West's embrace
How You Should Be Choosing Your Stocks (Ad)pixel
Poverty, inflation, fear: Egypt's economy pushed to brink
German leader continues Gulf tour with stops in UAE, Qatar
Finally... Some Good News (Ad)pixel
Labour conference starts with focus on 'immoral' tax cuts
Poverty and inflation: Egypt's economy hit by global turmoil
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
German leader seeks energy deals, alliances on Gulf trip
Saudi Arabia's triumphant week reclaims the West's embrace
How You Should Be Choosing Your Stocks (Ad)pixel
Poverty, inflation, fear: Egypt's economy pushed to brink
German leader continues Gulf tour with stops in UAE, Qatar
Finally... Some Good News (Ad)pixel
Labour conference starts with focus on 'immoral' tax cuts
Poverty and inflation: Egypt's economy hit by global turmoil
NASDAQ:RBBN

Ribbon Communications - RBBN Stock Forecast, Price & News

$2.45
-0.23 (-8.58%)
(As of 09/23/2022 12:00 AM ET)
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Today's Range
$2.41
$2.67
50-Day Range
$2.45
$3.68
52-Week Range
$2.41
$6.46
Volume
604,066 shs
Average Volume
1.04 million shs
Market Capitalization
$410.45 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.75

Ribbon Communications MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
175.5% Upside
$6.75 Price Target
Short Interest
Healthy
1.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.73mentions of Ribbon Communications in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$5.01 M Bought Last Quarter
Proj. Earnings Growth
144.44%
From $0.09 to $0.22 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.63 out of 5 stars

Computer And Technology Sector

178th out of 627 stocks

Computer Integrated Systems Design Industry

7th out of 38 stocks

RBBN stock logo

About Ribbon Communications (NASDAQ:RBBN) Stock

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.

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RBBN Stock News Headlines

Ribbon Appoints Scott Mair to its Board of Directors
Update: RBBN, August 15
Update: RBBN, July 28
See More Headlines
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RBBN Company Calendar

Last Earnings
10/27/2021
Today
9/25/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

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

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
+175.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-177,180,000.00
Pretax Margin
-34.79%

Debt

Sales & Book Value

Annual Sales
$844.96 million
Cash Flow
$1.60 per share
Book Value
$3.55 per share

Miscellaneous

Free Float
164,567,000
Market Cap
$410.45 million
Optionable
Optionable
Beta
0.92

Social Links


Key Executives

  • Mr. Bruce W. McClelland (Age 55)
    Pres, CEO & Director
    Comp: $781.42k
  • Mr. Miguel A. LopezMr. Miguel A. Lopez (Age 62)
    Exec. VP & CFO
    Comp: $547.62k
  • Mr. Patrick W. Macken (Age 48)
    Exec. VP, Chief Legal Officer & Corp. Sec.
    Comp: $431.45k
  • Mr. Salvatore Bucci (Age 57)
    Exec. VP & GM of IP Optical Networks Bus. Unit
    Comp: $480.61k
  • Mr. Stephen J. McCaffery (Age 55)
    Exec. VP of Sales- EMEA & APAC
    Comp: $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 (Age 61)
    Exec. VP and GM of Cloud & Edge Bus. Unit













RBBN Stock - 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 twelve months. There are currently 1 hold rating and 1 buy rating 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 2022?

2 equities research analysts have issued 12 month price targets for Ribbon Communications' shares. Their RBBN share price forecasts range from $6.50 to $7.00. On average, they anticipate the company's stock price to reach $6.75 in the next year. This suggests a possible upside of 175.5% 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 2022?

Ribbon Communications' stock was trading at $6.05 at the beginning of 2022. Since then, RBBN shares have decreased by 59.5% and is now trading at $2.45.
View the best growth stocks for 2022 here
.

When is Ribbon Communications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our RBBN earnings forecast
.

How were Ribbon Communications' earnings last quarter?

Ribbon Communications Inc. (NASDAQ:RBBN) posted its quarterly earnings results on Wednesday, October, 27th. The communications equipment provider reported $0.11 EPS 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 negative net margin of 31.21% and a negative trailing twelve-month return on equity of 0.25%. During the same period in the previous year, the company posted $0.04 earnings per share.

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

Ribbon Communications updated its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $0.05-$0.08 for the period, compared to the consensus EPS estimate of $0.11. The company issued revenue guidance of $210.00 million-$225.00 million, compared to the consensus revenue estimate of $225.25 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 institutional and retail investors. Top institutional shareholders include Paradigm Capital Management Inc. NY (6.85%), Federated Hermes Inc. (0.97%), Northern Trust Corp (0.52%), Millennium Management LLC (0.23%), BNP Paribas Arbitrage SA (0.22%) and AQR Capital Management LLC (0.21%). Insiders that own company stock include Anthony Scarfo, Bruce William Mcclelland, Bruns H Grayson, Chase & Co Jpmorgan, 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, Steven M Bruny 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 $2.45.

How much money does Ribbon Communications make?

Ribbon Communications (NASDAQ:RBBN) has a market capitalization of $410.45 million and generates $844.96 million in revenue each year. The communications equipment provider earns $-177,180,000.00 in net income (profit) each year or ($1.72) on an earnings per share basis.

How many employees does Ribbon Communications have?

The company 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
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 9/25/2022 by MarketBeat.com Staff

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