Ribbon Communications Inc. (RBBN)

Market Cap	684.00M
Revenue (ttm)	808.92M
Net Income (ttm)	-53.52M
Shares Out	175.38M
EPS (ttm)	-0.31
PE Ratio	n/a
Forward PE	13.83
Dividend	n/a
Ex-Dividend Date	n/a

Volume	304,515
Open	3.950
Previous Close	3.900
Day's Range	3.860 - 3.955
52-Week Range	2.050 - 4.310
Beta	1.09
Analysts	Strong Buy
Price Target	5.75 (+47.44%)
Earnings Date	Oct 23, 2024

About RBBN

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, solutions, and services for 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 controllers; and network transformat...

• Industry: Telecom Services
• Sector: Communication Services
• IPO Date: May 25, 2000
• Employees: 3,107
• Stock Exchange: NASDAQ
• Ticker Symbol: RBBN
• Website: https://www.ribboncommunications.com

Financial Performance

In 2023, Ribbon Communications's revenue was $826.34 million, an increase of 0.80% compared to the previous year's $819.76 million. Losses were -$66.21 million, -32.50% less than in 2022.

Analyst Forecast

According to 2 analysts, the average rating for RBBN stock is "Strong Buy." The 12-month stock price forecast is $5.75, which is an increase of 47.44% from the latest price.

Price Target

$5.75

(47.44% upside)

Analyst Consensus: Strong Buy