RingCentral, Inc. (RNG)

Market Cap	2.61B
Revenue (ttm)	2.40B
Net Income (ttm)	-58.29M
Shares Out	89.99M
EPS (ttm)	-0.63
PE Ratio	n/a
Forward PE	6.87
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,958,130
Open	29.25
Previous Close	30.77
Day's Range	28.25 - 29.99
52-Week Range	26.98 - 42.19
Beta	1.01
Analysts	Buy
Price Target	38.69 (+33.64%)
Earnings Date	Feb 20, 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 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.

Analyst Forecast

According to 13 analysts, the average rating for RNG stock is "Buy." The 12-month stock price forecast is $38.69, which is an increase of 33.64% from the latest price.

Price Target

$38.69

(33.64% upside)

Analyst Consensus: Buy