Ribbon Communications Inc. (RBBN)
NASDAQ: RBBN · Real-Time Price · USD
3.895
+0.035 (0.91%)
Nov 21, 2024, 2:37 PM EST - Market open

Ribbon Communications Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for RBBN stock have an average target of 5.75, with a low estimate of 5.00 and a high estimate of 6.50. The average target predicts an increase of 47.63% from the current stock price of 3.90.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $5.00 $5.75 $6.50 $6.50
Change +28.37% +47.63% +66.88% +66.88%
* Price targets were last updated on Sep 25, 2024.

Analyst Ratings

The average analyst rating for RBBN stock from 2 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222222
Buy 111000
Hold 000000
Sell 000000
Strong Sell 000000
Total 333222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$5
Strong Buy Maintains $5 +28.37% Sep 25, 2024
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$5
Strong Buy Maintains $5 +28.37% Jul 25, 2024
Rosenblatt
Rosenblatt
Strong Buy
Initiates
$5
Strong Buy Initiates $5 +28.37% Jul 11, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$6$6.5
Strong Buy Maintains $6$6.5 +66.88% Apr 25, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$7$6
Strong Buy Maintains $7$6 +54.04% Oct 26, 2023
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
563.11M843.80M844.96M819.76M826.34M842.66M889.27M940.55M
Revenue Growth
-2.56%49.85%0.14%-2.98%0.80%1.98%5.53%5.77%
EPS
-1.190.61-1.20-0.63-0.390.220.300.41
EPS Growth
------33.94%36.99%
Forward PE
-----17.5213.089.55
No. Analysts -----775
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
5.8%
10.6%
10.8%
Avg
2.0%
5.5%
5.8%
Low
-2.7%
-0.3%
-0.0%

EPS Forecast

EPS 202420252026
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 202420252026
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.