RingCentral, Inc. (RNG)
NYSE: RNG · Real-Time Price · USD
28.15
+1.48 (5.55%)
May 9, 2025, 10:09 AM - Market open
RingCentral Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for RingCentral stock have an average target of 34.46, with a low estimate of 22 and a high estimate of 50. The average target predicts an increase of 22.42% from the current stock price of 28.15.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RingCentral stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 3 | 2 | 2 | 2 | 2 |
| Hold | 8 | 8 | 7 | 7 | 7 | 7 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 15 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Maintains $40 → $28 | Strong Buy | Maintains | $40 → $28 | -0.53% | Apr 24, 2025 |
| Wells Fargo | Wells Fargo | Sell Maintains $30 → $22 | Sell | Maintains | $30 → $22 | -21.85% | Apr 22, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $40 → $29 | Hold | Maintains | $40 → $29 | +3.02% | Apr 16, 2025 |
| Mizuho | Mizuho | Hold Maintains $32 → $25 | Hold | Maintains | $32 → $25 | -11.19% | Apr 15, 2025 |
| Baird | Baird | Hold Maintains $38 → $32 | Hold | Maintains | $38 → $32 | +13.68% | Feb 25, 2025 |
Financial Forecast
Revenue This Year
2.54B
from 2.40B
Increased by 5.94%
Revenue Next Year
2.70B
from 2.54B
Increased by 5.98%
EPS This Year
4.25
from -0.63
EPS Next Year
4.73
from 4.25
Increased by 11.29%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.7B | 2.8B | 3.0B | ||
| Avg | 2.5B | 2.7B | 2.8B | ||
| Low | 2.4B | 2.6B | 2.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 11.2% | 11.9% | 11.9% | ||
| Avg | 5.9% | 6.0% | 5.2% | ||
| Low | 0.5% | 1.6% | -0.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.54 | 5.22 | 5.57 | ||
| Avg | 4.25 | 4.73 | 5.09 | ||
| Low | 4.04 | 4.34 | 4.49 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 22.7% | 17.6% | ||
| Avg | - | 11.3% | 7.6% | ||
| Low | - | 2.1% | -5.2% |
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.