Ribbon Communications Inc. (RBBN)
NASDAQ: RBBN · Real-Time Price · USD
4.170
+0.120 (2.96%)
At close: Dec 20, 2024, 4:00 PM
4.200
+0.030 (0.72%)
After-hours: Dec 20, 2024, 5:33 PM EST
Ribbon Communications Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for RBBN stock have an average target of 5.83, with a low estimate of 5.00 and a high estimate of 6.50. The average target predicts an increase of 39.81% from the current stock price of 4.17.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for RBBN stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 0 | 0 | 0 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $5.5 → $6 | Buy | Maintains | $5.5 → $6 | +43.88% | Dec 19, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $5 | Strong Buy | Maintains | $5 | +19.90% | Sep 25, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $5 | Strong Buy | Maintains | $5 | +19.90% | Jul 25, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Initiates $5 | Strong Buy | Initiates | $5 | +19.90% | Jul 11, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $6 → $6.5 | Strong Buy | Maintains | $6 → $6.5 | +55.88% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
842.66M
from 826.34M
Increased by 1.98%
Revenue Next Year
889.27M
from 842.66M
Increased by 5.53%
EPS This Year
0.22
from -0.39
EPS Next Year
0.30
from 0.22
Increased by 33.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 874.2M | 932.1M | 985.6M |
| Avg | 842.7M | 889.3M | 940.6M |
| Low | 803.9M | 840.1M | 888.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.8% | 10.6% | 10.8% |
| Avg | 2.0% | 5.5% | 5.8% |
| Low | -2.7% | -0.3% | -0.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.25 | 0.34 | 0.47 |
| Avg | 0.22 | 0.30 | 0.41 |
| Low | 0.21 | 0.25 | 0.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 51.1% | 58.6% |
| Avg | - | 33.9% | 37.0% |
| Low | - | 14.6% | 18.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.