RingCentral Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RingCentral in the last year. There are currently 2 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" RingCentral stock.
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Wall Street analysts have given RingCentral 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 RingCentral wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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RingCentral is scheduled to release its next quarterly earnings announcement on Monday, November 8th 2021.
View our earnings forecast for RingCentral.

RingCentral, Inc. (NYSE:RNG) released its earnings results on Tuesday, August, 3rd. The software maker reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of ($0.57) by $0.89. RingCentral had a negative net margin of 9.78% and a negative trailing twelve-month return on equity of 59.27%.
View RingCentral's earnings history.

RingCentral's stock was trading at $199.34 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RNG shares have increased by 13.4% and is now trading at $226.02.
View which stocks have been most impacted by COVID-19.

RingCentral updated its FY 2021 earnings guidance on Tuesday, August, 17th. The company provided EPS guidance of $1.280-$1.300 for the period, compared to the Thomson Reuters consensus estimate of $1.260. The company issued revenue guidance of $1.54 billion-$1.55 billion, compared to the consensus revenue estimate of $1.51 billion.

16 brokers have issued 1 year target prices for RingCentral's shares. Their forecasts range from $300.00 to $535.00. On average, they expect RingCentral's share price to reach $431.16 in the next twelve months. This suggests a possible upside of 90.8% from the stock's current price.
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659 employees have rated RingCentral CEO Vlad Shmunis on Glassdoor.com. Vlad Shmunis has an approval rating of 98% among RingCentral's employees. This puts Vlad Shmunis in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to RingCentral include Fiserv (FISV), Workday (WDAY), Verisk Analytics (VRSK), Bilibili (BILI), PagSeguro Digital (PAGS), GoodRx (GDRX), Clarivate (CLVT), Zendesk (ZEN), Globant (GLOB), StoneCo (STNE), ironSource (IS), Five9 (FIVN), Playtika (PLTK), Pegasystems (PEGA) and Proofpoint (PFPT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other RingCentral investors own include NVIDIA (NVDA), Alibaba Group (BABA), salesforce.com (CRM), Square (SQ), PayPal (PYPL), Advanced Micro Devices (AMD), DocuSign (DOCU), Netflix (NFLX), Shopify (SHOP) and ServiceNow (NOW).

RingCentral trades on the New York Stock Exchange (NYSE) under the ticker symbol "RNG."

RingCentral's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.74%), Capital International Investors (3.25%), Jennison Associates LLC (2.32%), Bamco Inc. NY (1.32%), Geode Capital Management LLC (1.02%) and Victory Capital Management Inc. (0.91%). Company insiders that own RingCentral stock include Allan C Thygesen, Anand Eswaran, David Sipes, Godfrey Sullivan, John H Marlow, John H Marlow, Joseph D Mansueto, Kenneth A Goldman, Mckenna Michelle, Mitesh Dhruv, Praful Shah, R Neil Williams, Robert I Theis, Vaibhav Agarwal and Vladimir Shmunis.
View institutional ownership trends for RingCentral.

RNG stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Bank of America Corp DE, Bank of America Corp DE, Bank of Nova Scotia, Zevenbergen Capital Investments LLC, Franklin Resources Inc., Lord Abbett & CO. LLC, and Millennium Management LLC. Company insiders that have sold RingCentral company stock in the last year include Allan C Thygesen, Anand Eswaran, Godfrey Sullivan, John H Marlow, Joseph D Mansueto, Mitesh Dhruv, Praful Shah, R Neil Williams, Robert I Theis, Vaibhav Agarwal, and Vladimir Shmunis.
View insider buying and selling activity for RingCentral or view top insider-selling stocks.

RNG stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Amundi, Bamco Inc. NY, Susquehanna International Group LLP, Neuberger Berman Group LLC, Russell Investments Group Ltd., Canada Pension Plan Investment Board, and Alta Park Capital LP.
View insider buying and selling activity for RingCentral or or view top insider-buying stocks.

Shares of RNG 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.
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One share of RNG stock can currently be purchased for approximately $226.02.

RingCentral has a market capitalization of $20.68 billion and generates $1.18 billion in revenue each year. The software maker earns $-83,000,000.00 in net income (profit) each year or ($0.87) on an earnings per share basis.

RingCentral employs 3,140 workers across the globe.

The following companies are subsidiares of RingCentral: Connect First Inc., DeepAffects, Dimelo SA, Glip Inc., RCLEC Inc., RCVA Inc., RingCentral Australia Pty Ltd, RingCentral B.V., RingCentral Brasil Soluces EM TI LTDA, RingCentral CH GmbH, RingCentral Canada Inc., RingCentral Espana SL, RingCentral Estonia OÜ, RingCentral Florida LLC, RingCentral France, RingCentral Holdings I Inc, RingCentral Hong Kong Limited, RingCentral IP Holdings Inc, RingCentral International Inc., RingCentral Ireland Ltd., RingCentral Italy SrL, RingCentral Japan K.K., RingCentral Korea Ltd., RingCentral Singapore Pte. Ltd., RingCentral South Africa Pty Ltd, RingCentral UK LTD, and RingCentral Xiamen Software Co. Ltd..

RingCentral was founded in 1999.

The official website for RingCentral is www.ringcentral.com.

RingCentral is headquartered at 20 DAVIS DRIVE, BELMONT CA, 94002.

RingCentral's mailing address is 20 DAVIS DRIVE, BELMONT CA, 94002. The software maker can be reached via phone at (650) 472-4100 or via email at [email protected].