Ribbon Communications Inc. (RBBN)

Market Cap	370.94M
Revenue (ttm)	833.58M
Net Income (ttm)	-52.80M
Shares Out	171.73M
EPS (ttm)	-0.29
PE Ratio	n/a
Forward PE	6.62
Dividend	n/a
Ex-Dividend Date	n/a

Volume	353,968
Open	2.11
Previous Close	2.13
Day's Range	2.09 - 2.17
52-Week Range	1.78 - 4.84
Beta	1.11
Analysts	Strong Buy
Price Target	5.88 (+172.22%)
Earnings Date	Oct 25, 2023

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; and solutions and services for enabling 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 controller and network tr...

• Industry: Telecom Services
• Sector: Communication Services
• IPO Date: May 25, 2000
• Employees: 3,394
• Stock Exchange: NASDAQ
• Ticker Symbol: RBBN

Financial Performance

In 2022, RBBN's revenue was $819.76 million, a decrease of -2.98% compared to the previous year's $844.96 million. Losses were -$98.08 million, -44.64% less than in 2021.

Analyst Forecast

According to 4 analysts, the average rating for RBBN stock is "Strong Buy." The 12-month stock price forecast is $5.88, which is an increase of 172.22% from the latest price.

Price Target

$5.88

(172.22% upside)

Analyst Consensus: Strong Buy