Free Trial

RingCentral (RNG) Stock Price, News & Analysis

RingCentral logo
$33.76 +0.24 (+0.72%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About RingCentral Stock (NYSE:RNG)

Key Stats

Today's Range
$33.17
$34.20
50-Day Range
$32.40
$41.82
52-Week Range
$26.98
$42.19
Volume
727,921 shs
Average Volume
972,973 shs
Market Capitalization
$3.05 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$41.29
Consensus Rating
Hold

Company Overview

RingCentral, Inc., together with its subsidiaries, provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide. The company's products include RingCentral Message Video Phone that provides a unified experience for communication and collaboration across multiple modes, including HD voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers AI-powered omnichannel and workforce engagement solutions with integrated RingCentral MVP; and RingCX, an AI-powered contact center that a native delivers omnichannel experience. It provides RingCentral Video, a video meeting service that includes the company's RCV video and team messaging capabilities; offers video and audio conferencing, team messaging, file sharing, contact, task, and calendar management, as well as pre-meeting, in-meeting, and post-meeting capabilities. In addition, the company offers RingCentral Professional Services, which include consultation, UCaaS and CCaaS implementation, VoIP phone system adoption, configuring custom workflows, customer and user onboarding, ongoing support, advanced support, managed services, and more. It serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, state and local government, and others. It sells its products to enterprise customers, as well as small and medium-sized businesses through resellers and distributors, partners, and global service providers. RingCentral, Inc. was incorporated in 1999 and is headquartered in Belmont, California.

RingCentral Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
93rd Percentile Overall Score

RNG MarketRank™: 

RingCentral scored higher than 93% of companies evaluated by MarketBeat, and ranked 95th out of 665 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    RingCentral has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 6 buy ratings, 7 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    RingCentral has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about RingCentral's stock forecast and price target.
  • Earnings Growth

    Earnings for RingCentral are expected to grow by 53.57% in the coming year, from $0.84 to $1.29 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of RingCentral is -31.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of RingCentral is -31.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    RingCentral has a PEG Ratio of 1.36. PEG Ratios above 1 indicate that a company could be overvalued.

  • Read more about RingCentral's valuation and earnings.
  • Percentage of Shares Shorted

    6.39% of the float of RingCentral has been sold short.
  • Short Interest Ratio / Days to Cover

    RingCentral has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in RingCentral has recently increased by 4.17%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    RingCentral does not currently pay a dividend.

  • Dividend Growth

    RingCentral does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    6.39% of the float of RingCentral has been sold short.
  • Short Interest Ratio / Days to Cover

    RingCentral has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in RingCentral has recently increased by 4.17%, indicating that investor sentiment is decreasing.
  • News Sentiment

    RingCentral has a news sentiment score of 1.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for RingCentral this week, compared to 6 articles on an average week.
  • Search Interest

    8 people have searched for RNG on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added RingCentral to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, RingCentral insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,113,047.00 in company stock.

  • Percentage Held by Insiders

    Only 6.97% of the stock of RingCentral is held by insiders.

  • Percentage Held by Institutions

    98.61% of the stock of RingCentral is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about RingCentral's insider trading history.
Receive RNG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for RingCentral and its competitors with MarketBeat's FREE daily newsletter.

RNG Stock News Headlines

RNG: Expect Good Returns With Downside Protection
I was wrong. Dead wrong.
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
Wells Fargo Downgrades RingCentral (RNG)
RingCentral downgraded to Underweight from Equal Weight at Wells Fargo
RingCentral: Stock Poised To Outperform In 2025
RingCentral downgraded to Outperform from Strong Buy at Raymond James
See More Headlines

RNG Stock Analysis - Frequently Asked Questions

RingCentral's stock was trading at $35.01 at the start of the year. Since then, RNG shares have decreased by 3.6% and is now trading at $33.76.
View the best growth stocks for 2025 here
.

RingCentral, Inc. (NYSE:RNG) announced its earnings results on Thursday, November, 7th. The software maker reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.10. The software maker had revenue of $608.77 million for the quarter, compared to analysts' expectations of $601.91 million. RingCentral had a negative net margin of 4.17% and a negative trailing twelve-month return on equity of 2.55%.

The following companies are subsidiaries of RingCentral: Kindite, DeepAffects, Connect First Inc., Dimelo SA, Glip Inc., RCLEC Inc., RCVA Inc., and others.

Top institutional investors of RingCentral include Hennessy Advisors Inc. (1.87%), Fort Washington Investment Advisors Inc. OH (0.61%), Assenagon Asset Management S.A. (0.20%) and Wedge Capital Management L L P NC (0.06%). Insiders that own company stock include Vladimir Shmunis, Sonalee Elizabeth Parekh, John H Marlow, Mohammed Katibeh, Vaibhav Agarwal, Robert I Theis, Kenneth A Goldman and Ned D Segal.
View institutional ownership trends
.

Shares of RNG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that RingCentral investors own include NVIDIA (NVDA), Salesforce (CRM), Meta Platforms (META), Humana (HUM), American Water Works (AWK), Waste Connections (WCN) and Voyager Therapeutics (VYGR).

Company Calendar

Last Earnings
11/07/2024
Today
1/20/2025
Next Earnings (Estimated)
2/18/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Business Services
Employees
4,084
Year Founded
1999

Price Target and Rating

Average Stock Price Target
$41.29
High Stock Price Target
$50.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+22.3%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
14 Analysts

Profitability

Net Income
$-165,240,000.00
Pretax Margin
-3.98%

Debt

Sales & Book Value

Annual Sales
$2.20 billion
Cash Flow
$2.77 per share
Book Value
($5.38) per share

Miscellaneous

Free Float
84,128,000
Market Cap
$3.05 billion
Optionable
Optionable
Beta
0.99

Social Links

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

This page (NYSE:RNG) was last updated on 1/20/2025 by MarketBeat.com Staff
From Our Partners