RingCentral, Inc. (RNG)
Market Cap | 2.53B |
Revenue (ttm) | 2.40B |
Net Income (ttm) | -58.29M |
Shares Out | 90.72M |
EPS (ttm) | -0.63 |
PE Ratio | n/a |
Forward PE | 6.61 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,061,605 |
Open | 28.20 |
Previous Close | 28.07 |
Day's Range | 27.84 - 28.49 |
52-Week Range | 26.22 - 42.19 |
Beta | 1.20 |
Analysts | Buy |
Price Target | 37.69 (+35.28%) |
Earnings Date | May 6, 2025 |
About RNG
RingCentral, Inc., together with its subsidiaries, provides cloud business communications, contact center, video, and hybrid event solutions in North America and internationally. The company’s products include RingEX, a unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that delivers omni-channel and workforce engagement solutions; and RingCX, a contact center as a service solution for customer engagement with CRM integrations. It also offers a... [Read more]
Financial Performance
In 2024, RingCentral's revenue was $2.40 billion, an increase of 8.99% compared to the previous year's $2.20 billion. Losses were -$58.29 million, -64.73% less than in 2023.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for RNG stock is "Buy." The 12-month stock price forecast is $37.69, which is an increase of 35.28% from the latest price.
News

RingCentral Benefits As AI Technologies Get Less Expensive
RingCentral's positive GAAP operating earnings and pre-tax earnings in 4Q 2024 mark a significant milestone, driven by cost optimization and AI tool development. The company is expanding its AI-enable...

RingCentral Highlights AI Momentum and Innovation that Transforms Customer Experiences
BELMONT, Calif.--(BUSINESS WIRE)-- #AI--RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered trusted business communications, today kicked off its showcase at Enterprise Connect 2025 in Orland...

PCI Pal Partners with RingCentral to Launch New Embedded Integration
CHARLOTTE, N.C.--(BUSINESS WIRE)--PCI Pal announces a partnership and embedded integration with RingCentral to ensure compliant, secure payments and an enhanced customer experience.

Cox Business Launches New Unified Communications Solutions
ATLANTA & BELMONT, Calif.--(BUSINESS WIRE)-- #CX--RingCentral, Inc. (NYSE: RNG), a leading global provider of AI-powered trusted communications, and Cox Business, a leading provider of advanced cloud,...

RingCentral to Present at Upcoming Investor Conference
BELMONT, Calif.--(BUSINESS WIRE)---- $rng--RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered trusted business communications for companies of all sizes, today announced that members of its ...

RingCentral, Inc. (RNG) Q4 2024 Earnings Call Transcript
Start Time: 17:00 January 1, 0000 6:03 PM ET RingCentral, Inc. (NYSE:RNG) Q4 2024 Earnings Conference Call February 20, 2024, 17:00 PM ET Company Participants Vlad Shmunis - Founder, Chairman and CEO...
We are excited about year ahead, says RingCentral CEO Vlad Shmunis on Q4 results
Vlad Shmunis, RingCentral Founder & CEO, joins 'Closing Bell Overtime' to talk quarterly results.

RingCentral Announces Appointment of Kira Makagon as President and Chief Operating Officer
BELMONT, Calif.--(BUSINESS WIRE)---- $rng--RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered trusted business communications, today announced that it has appointed Kira Makagon, current Chi...

RingCentral Transforms Customer Communications with New AI Receptionist
BELMONT, Calif.--(BUSINESS WIRE)---- $RNG #AI--RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered trusted business communications, today introduced RingCentral AI Receptionist™ (AIR), an AI ...

RingCentral Announces Fourth Quarter and Fiscal Year 2024 Results
BELMONT, Calif.--(BUSINESS WIRE)---- $rng #AI--RingCentral, Inc. (NYSE:RNG), a global leader in AI-powered trusted business communications for companies of all sizes, today announced financial results...

RingCentral and BT Launch Cloud Work RingCX, An AI-powered Platform Built to Transform Business Contact Centers
BELMONT, Calif.--(BUSINESS WIRE)-- #AI--RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered trusted business communications for companies of all sizes, and BT, which connects more than a mill...

RingCentral to Announce Fourth Quarter 2024 Financial Results On February 20, 2025
BELMONT, Calif.--(BUSINESS WIRE)---- $RNG #CCaaS--RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered trusted business communications for companies of all sizes, today announced that it will ...

RingCentral Events Launches Studio, Highlights Customer Momentum, and Enhances Experiences with AI
BELMONT, Calif.--(BUSINESS WIRE)-- #eventprof--RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered trusted business communications for companies of all sizes, today unveiled Studio, a new mod...

RNG: Expect Good Returns With Downside Protection
RingCentral faces strong competition from Microsoft Teams but is able to differentiate through their more complete call center capabilities. Comparing RingCentral to 8x8, the former shows better opera...

RingCentral: Stock Poised To Outperform In 2025
RingCentral's recent 17% stock correction to $35 presents a buying opportunity, given its undervaluation and strong expected revenue/earnings growth. The company offers comprehensive cloud communicati...

RingCentral Enhances Zendesk Integration to Streamline User Workflows and Personalize Customer Support
BELMONT, Calif.--(BUSINESS WIRE)-- #ringcx--RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered trusted business communications for companies of all sizes, today announced that it has enhance...

RingCentral: Operational Excellence Amid A Forgettable Stock Performance Year
RingCentral's stock has underperformed, but its operational performance remains strong, achieving GAAP operating profitability and consistent earnings surprises over 20 quarters. The company's Q3 resu...

RingCentral to Present at Upcoming Investor Conferences
BELMONT, Calif.--(BUSINESS WIRE)---- $RNG--RingCentral, Inc. (NYSE: RNG), a leading global provider of trusted AI communications for businesses of all sizes, today announced that members of its manage...

RingCentral: Under The Radar Pick -- Reiterating Buy
We're putting RingCentral, Inc. on investors' radar for next year. We think RingCentral's UCaaS platform with AI integration enhances its positioning to boost its total ARR growth in FY25. We also thi...

RingCentral, Inc. (RNG) Q3 2024 Earnings Call Transcript
RingCentral, Inc. (NYSE:RNG) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Will Wong - Vice President, Investor Relations Vlad Shmunis - Founder, Chairman & Chief ...

RingCentral and Verint Announce Strategic Partnership to Bring AI-Powered Workforce Engagement Management and CX Automation to RingCX Customers
BELMONT, Calif. & MELVILLE, N.Y.--(BUSINESS WIRE)-- #AI--RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered trusted business communications for companies of all sizes, and Verint® (NASDAQ: V...

RingCentral Appoints Abhey Lamba as Chief Financial Officer
BELMONT, Calif.--(BUSINESS WIRE)--RingCentral, Inc. (NYSE: RNG), a leading global provider of trusted AI communications for businesses of all sizes, today announced that Abhey Lamba has been appointed...

RingCentral Announces Third Quarter 2024 Results
BELMONT, Calif.--(BUSINESS WIRE)---- $RNG #CCaaS--RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered trusted business communications for companies of all sizes, today announced financial res...

RingCentral's New AI Assistant Now Included in RingEX At No Additional Cost
BELMONT, Calif.--(BUSINESS WIRE)-- #AI--RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered trusted business communications for companies of all sizes, today announced its AI Assistant, power...

RingCentral Named a Leader in the 2024 Gartner® Magic Quadrant™ for Unified Communications as a Service Report for Tenth Year in a Row
BELMONT, Calif.--(BUSINESS WIRE)-- #CCaaS--RingCentral, Inc. (NYSE:RNG), a global leader in AI-powered trusted business communications for companies of all sizes, today announced that Gartner has reco...