RingCentral, Inc. (RNG)

NYSE: RNG · Real-Time Price · USD
27.86
-0.21 (-0.75%)
At close: Mar 25, 2025, 4:00 PM
27.99
+0.13 (0.47%)
After-hours: Mar 25, 2025, 5:25 PM EST
-0.75%
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]

Sector Technology
IPO Date Sep 27, 2013
Employees 4,260
Stock Exchange NYSE
Ticker Symbol RNG
Full Company Profile

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 Statements

Analyst 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.

Price Target
$37.69
(35.28% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

6 days ago - Seeking Alpha

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...

8 days ago - Business Wire

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.

16 days ago - Business Wire

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,...

21 days ago - Business Wire

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 ...

26 days ago - Business Wire

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...

4 weeks ago - Seeking Alpha

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.

4 weeks ago - CNBC Television

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...

4 weeks ago - Business Wire

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 ...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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 ...

6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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 ...

4 months ago - Seeking Alpha

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...

Other symbols: VRNT
4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire