S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
The Day of Financial Reckoning Is Near (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
The Day of Financial Reckoning Is Near (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
The Day of Financial Reckoning Is Near (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
The Day of Financial Reckoning Is Near (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
NASDAQ:RBBN

Ribbon Communications - RBBN Stock Forecast, Price & News

$3.30
+0.06 (+1.85%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$3.24
$3.31
50-Day Range
$2.62
$3.63
52-Week Range
$2.57
$7.33
Volume
302,052 shs
Average Volume
347,989 shs
Market Capitalization
$496.49 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.75

Ribbon Communications MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
104.5% Upside
$6.75 Price Target
Short Interest
Healthy
1.96% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.21mentions of Ribbon Communications in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
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.

2.42 out of 5 stars

Computer And Technology Sector

246th out of 665 stocks

Computer Integrated Systems Design Industry

6th out of 41 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.

Ribbon Communications Stock Performance

NASDAQ:RBBN traded up $0.06 during trading on Friday, reaching $3.30. The company's stock had a trading volume of 302,052 shares, compared to its average volume of 347,989. The firm has a market cap of $496.49 million, a price-to-earnings ratio of -1.92 and a beta of 0.95. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.20. The firm has a 50 day moving average of $3.11 and a 200-day moving average of $3.24. Ribbon Communications has a 12 month low of $2.57 and a 12 month high of $7.33.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. StockNews.com downgraded Ribbon Communications from a "buy" rating to a "hold" rating in a research note on Friday, August 5th. B. Riley reduced their price objective on Ribbon Communications from $8.00 to $7.00 in a research note on Thursday, April 28th.

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.

RBBN Stock News Headlines

Update: RBBN, July 28
Ribbon Comms: Q2 Earnings Insights
Update: RBBN, June 15
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.

RBBN Company Calendar

Last Earnings
10/27/2021
Today
8/13/2022
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
+104.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$844.96 million
Cash Flow
$1.63 per share
Book Value
$3.00 per share

Miscellaneous

Free Float
147,791,000
Market Cap
$496.49 million
Optionable
Optionable
Beta
0.95

Social Links


Key Executives

  • Mr. Bruce W. McClelland (Age 55)
    Pres, CEO & Director
    Comp: $781.42k
  • Mr. 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?

1 Wall Street 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 research 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?

1 brokers have issued 12-month price objectives for Ribbon Communications' stock. Their RBBN share price forecasts range from $6.50 to $7.00. On average, they predict the company's stock price to reach $6.75 in the next twelve months. This suggests a possible upside of 104.5% 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 on January 1st, 2022. Since then, RBBN shares have decreased by 45.5% and is now trading at $3.30.
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 data on Wednesday, October, 27th. The communications equipment provider reported $0.11 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 analyst estimates of $219.73 million. Ribbon Communications had a negative trailing twelve-month return on equity of 0.25% and a negative net margin of 31.21%. During the same quarter in the previous year, the firm posted $0.04 EPS.

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 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 variety of institutional and retail investors. Top institutional investors include Paradigm Capital Management Inc. NY (6.85%), Northern Trust Corp (0.52%), BNP Paribas Arbitrage SA (0.22%), Russell Investments Group Ltd. (0.20%), Assenagon Asset Management S.A. (0.13%) and Swiss National Bank (0.12%). Insiders that own company stock include Anthony Scarfo, Bruce William Mcclelland, Bruns H Grayson, 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
.

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 $3.30.

How much money does Ribbon Communications make?

Ribbon Communications (NASDAQ:RBBN) has a market capitalization of $496.49 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

When was Ribbon Communications founded?

Ribbon Communications was founded in 2017.

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 8/14/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
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 MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (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 | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 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 Barchart's disclaimer.