RingCentral, Inc. (RNG)
NYSE: RNG · Real-Time Price · USD
22.77
+0.22 (0.98%)
Apr 17, 2025, 4:00 PM EDT - Market closed
RingCentral Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for RingCentral stock have an average target of 36, with a low estimate of 25 and a high estimate of 50. The average target predicts an increase of 58.10% from the current stock price of 22.77.
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
---|---|---|---|---|---|---|
Strong Buy | 5 | 4 | 3 | 3 | 3 | 3 |
Buy | 2 | 2 | 3 | 2 | 2 | 2 |
Hold | 8 | 8 | 8 | 7 | 7 | 7 |
Sell | 0 | 0 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 15 | 14 | 15 | 13 | 13 | 13 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Morgan Stanley | Morgan Stanley | Hold Maintains $40 → $29 | Hold | Maintains | $40 → $29 | +27.36% | Apr 16, 2025 |
Mizuho | Mizuho | Hold Maintains $32 → $25 | Hold | Maintains | $32 → $25 | +9.79% | Apr 15, 2025 |
Baird | Baird | Hold Maintains $38 → $32 | Hold | Maintains | $38 → $32 | +40.54% | Feb 25, 2025 |
UBS | UBS | Hold Maintains $40 → $38 | Hold | Maintains | $40 → $38 | +66.89% | Feb 21, 2025 |
Raymond James | Raymond James | Buy Maintains $45 → $40 | Buy | Maintains | $45 → $40 | +75.67% | Feb 21, 2025 |
Financial Forecast
Revenue This Year
2.55B
from 2.40B
Increased by 6.15%
Revenue Next Year
2.70B
from 2.55B
Increased by 5.97%
EPS This Year
4.25
from -0.63
EPS Next Year
4.74
from 4.25
Increased by 11.55%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 2.7B | 2.9B | 3.0B | ||
Avg | 2.5B | 2.7B | 2.8B | ||
Low | 2.5B | 2.6B | 2.7B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 11.8% | 12.5% | 12.6% | ||
Avg | 6.1% | 6.0% | 5.2% | ||
Low | 2.4% | 1.4% | -0.2% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 4.54 | 5.22 | 5.57 | ||
Avg | 4.25 | 4.74 | 5.10 | ||
Low | 4.03 | 4.34 | 4.49 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | - | 22.7% | 17.3% | ||
Avg | - | 11.5% | 7.5% | ||
Low | - | 2.1% | -5.4% |
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.