Ribbon Communications Inc. (RBBN)

Market Cap	518.34M
Revenue (ttm)	801.85M
Net Income (ttm)	-53.60M
Shares Out	174.53M
EPS (ttm)	-0.31
PE Ratio	n/a
Forward PE	9.97
Dividend	n/a
Ex-Dividend Date	n/a

Volume	285,722
Open	2.930
Previous Close	2.920
Day's Range	2.920 - 3.090
52-Week Range	1.780 - 3.950
Beta	1.09
Analysts	Strong Buy
Price Target	5.75 (+93.6%)
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 93.60% from the latest price.

Price Target

$5.75

(93.60% upside)

Analyst Consensus: Strong Buy