RingCentral, Inc.

RNG

US76680R2067

RingCentral, Inc. is a provider of artificial intelligence (AI)-driven cloud business communications, contact center, video, and hybrid event solutions. The Companyâs cloud-based business communications, collaboration, and customer engagement solutions function across multiple locations and devices, including smartphones, tablets, personal computers (PCs) and desk phones. The Company offers a fully integrated business communications platform, which includes cloud private branch exchanges (PBX), cloud contact center, video meetings and webinars, and events. Its product portfolio includes RingCentral MVP, Contact Center as a Service (CCaaS), RingCentral Video, RingCentral Events, and RingSense. RingCentral MVP is a unified Communications as a Service (UCaaS) platform, which includes team messaging, video meetings, and a cloud phone system. RingCentral Video is a video meeting solution with team messaging that enables smart video meetings, rooms solutions, and webinars.

Sector

Software

Calendar

2024-06-02 - CCW Las Vegas Conference

More about the company

Income Statement Evolution

More financial data

Ratings for RingCentral, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

29.99 USD

Average target price

40.09 USD

Spread / Average Target

+33.68%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Enterprise Software

	1st Jan change	Capi.
RINGCENTRAL, INC.	+1.56%	2.77B
ORACLE CORPORATION	+11.11%	324B
SAP SE	+26.51%	218B
SERVICENOW, INC.	+1.73%	147B
CONSTELLATION SOFTWARE INC.	+14.56%	58.1B
HUBSPOT, INC.	+2.30%	31.33B
FAIR ISAAC CORPORATION	+6.74%	30.66B
MICROSTRATEGY INCORPORATED	+97.12%	22.3B
WISETECH GLOBAL LIMITED	+28.72%	21.09B
SAGE GROUP PLC	+2.13%	14.88B

Enterprise Software

Real-time Estimate Cboe BZX Other stock markets 12:01:33 2024-05-08 EDT			5-day change	1st Jan Change
34.75 ^USD	+15.87%		+14.63%	+1.56%

05:32pm	Wells Fargo Raises Price Target on RingCentral to $33 From $31, Maintains Equalweight Rating	MT
05:02pm	Mizuho Adjusts RingCentral's Price Target to $38 From $36, Keeps Buy Rating	MT

Wells Fargo Raises Price Target on RingCentral to $33 From $31, Maintains Equalweight Rating	11:32am	MT
Mizuho Adjusts RingCentral's Price Target to $38 From $36, Keeps Buy Rating	11:02am	MT
UBS Adjusts Price Target on RingCentral to $40 From $37, Maintains Neutral Rating	10:59am	MT
RingCentral's Q1 Non-GAAP Earnings, Revenue Advance; 2024 Outlook Boosted	08:11am	MT
Transcript : RingCentral, Inc., Q1 2024 Earnings Call, May 07, 2024	05-07
Earnings Flash (RNG) RINGCENTRAL Posts Q1 Revenue $584M, vs. Street Est of $578.2M	05-07	MT
Earnings Flash (RNG) RINGCENTRAL Reports Q1 EPS $0.87, vs. Street Est of $0.80	05-07	MT
RingCentral, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-07	CI
RingCentral, Inc. Provides Earnings Guidance for the Second Quarter of Full Year 2024	05-07	CI
RingCentral, Inc. Raised Earnings Guidance for the Full Year 2024	05-07	CI
RingCentral, Inc. Expands Platform Leadership with RingSense AI APIs and Workflow Builder	04-30	CI
Morgan Stanley Cuts Price Target on RingCentral to $32 From $35, Keeps Equalweight Rating	04-17	MT
San Francisco Giants Names RingCentral, Inc. as an Official Enterprise Cloud Communications Partner	04-11	CI
RingCentral Expands Global Footprint and Drives Adoption Momentum of RingCX, AI-Powered Contact Center	03-26	CI
RingCentral Reimagines the Business Phone System with Real-Time AI	03-25	CI
RingCentral Insider Sold Shares Worth $491,655, According to a Recent SEC Filing	03-18	MT
Eckoh inks partnership with RingCentral in US	03-12	AN
Singtel Optus Pty Limited Selects RingCentral to Power Cloud Communications for Australian Businesses	03-11	CI
Transcript : RingCentral, Inc. Presents at Morgan Stanley?s Technology, Media & Telecom Conference 2024, Mar-04-2024 08:45 AM	03-04
Transcript : RingCentral, Inc. Presents at The J.P. Morgan Global High Yield & Leveraged Finance Conference 2024, Feb-26-2024 11:00 AM	02-26
Ringcentral Insider Sold Shares Worth $2,219,690, According to a Recent SEC Filing	02-23	MT
RingCentral Files Mixed Securities Shelf	02-23	MT
Tranche Update on RingCentral, Inc.'s Equity Buyback Plan announced on February 15, 2023.	02-22	CI
RingCentral's Quarterly Results Lacked Positive Surprises, Leaving Some Investors Cautious, Morgan Stanley Says	02-21	MT
Goldman Sachs Adjusts RingCentral's Price Target to $34 From $38, Keeps Neutral Rating	02-21	MT

RingCentral, Inc.

Equities

RNG