RingCentral, Inc. (RNG)

Market Cap	3.39B
Revenue (ttm)	2.36B
Net Income (ttm)	-98.34M
Shares Out	90.43M
EPS (ttm)	-1.06
PE Ratio	n/a
Forward PE	9.14
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,195,329
Open	36.75
Previous Close	37.16
Day's Range	36.27 - 37.70
52-Week Range	26.98 - 42.19
Beta	0.99
Analysts	Buy
Price Target	42.00 (+12.15%)
Earnings Date	Feb 18, 2025

About RNG

RingCentral, Inc., together with its subsidiaries, provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide. The company’s products include RingCentral Message Video Phone that provides a unified experience for communication and collaboration across multiple modes, including HD voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers AI-powered omnichannel and workforc...

• Industry: Software - Application
• Sector: Technology
• IPO Date: Sep 27, 2013
• Employees: 4,084
• Stock Exchange: NYSE
• Ticker Symbol: RNG
• Website: https://www.ringcentral.com

Financial Performance

In 2023, RingCentral's revenue was $2.20 billion, an increase of 10.77% compared to the previous year's $1.99 billion. Losses were -$165.24 million, -81.20% less than in 2022.

Analyst Forecast

According to 14 analysts, the average rating for RNG stock is "Buy." The 12-month stock price forecast is $42.0, which is an increase of 12.15% from the latest price.

Price Target

$42.0

(12.15% upside)

Analyst Consensus: Buy