RNG vs. EGHT, FIVN, ZM, FVRR, PD, HQY, MEDP, BILI, WPP, and LYFT
Should you be buying Ringcentral stock or one of its competitors? The main competitors of Ringcentral include 8X8 (EGHT), Five9 (FIVN), Zoom Communications (ZM), Fiverr International (FVRR), PagerDuty (PD), HealthEquity (HQY), Medpace (MEDP), Bilibili (BILI), WPP (WPP), and Lyft (LYFT).
Ringcentral vs. Its Competitors
8X8 (NASDAQ:EGHT) and Ringcentral (NYSE:RNG) are both computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their valuation, earnings, risk, profitability, analyst recommendations, institutional ownership, media sentiment and dividends.
8X8 has higher earnings, but lower revenue than Ringcentral. Ringcentral is trading at a lower price-to-earnings ratio than 8X8, indicating that it is currently the more affordable of the two stocks.
8X8 currently has a consensus target price of $2.51, suggesting a potential upside of 16.13%. Ringcentral has a consensus target price of $33.08, suggesting a potential upside of 10.53%. Given 8X8's higher possible upside, equities research analysts clearly believe 8X8 is more favorable than Ringcentral.
8X8 has a beta of 1.83, suggesting that its share price is 83% more volatile than the S&P 500. Comparatively, Ringcentral has a beta of 1.29, suggesting that its share price is 29% more volatile than the S&P 500.
In the previous week, Ringcentral had 9 more articles in the media than 8X8. MarketBeat recorded 11 mentions for Ringcentral and 2 mentions for 8X8. Ringcentral's average media sentiment score of 0.60 beat 8X8's score of 0.15 indicating that Ringcentral is being referred to more favorably in the news media.
94.0% of 8X8 shares are owned by institutional investors. Comparatively, 98.6% of Ringcentral shares are owned by institutional investors. 2.0% of 8X8 shares are owned by company insiders. Comparatively, 7.0% of Ringcentral shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Ringcentral has a net margin of -1.65% compared to 8X8's net margin of -3.81%. 8X8's return on equity of 5.73% beat Ringcentral's return on equity.
Summary
Ringcentral beats 8X8 on 10 of the 16 factors compared between the two stocks.
Get Ringcentral News Delivered to You Automatically
Sign up to receive the latest news and ratings for RNG and its competitors with MarketBeat's FREE daily newsletter.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding RNG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Ringcentral Competitors List
Related Companies and Tools
This page (NYSE:RNG) was last updated on 7/6/2025 by MarketBeat.com Staff
Free RNG Stock Alerts