RingCentral Stock Forecast

Stock Price Forecast

According to 14 analysts polled by S&P Global, RingCentral stock has a consensus rating of "Buy" and an average price target of $50.54. The average 1-year stock price forecast is 27.15% lower than the current stock price, while the lowest is $38 (-45.23%) and the highest is $80 (+15.31%).

Price Target: $50.54 (-27.15%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$38	$50.54	$45	$80
Change	-45.23%	-27.15%	-35.14%	+15.31%

Analyst Ratings

The average analyst rating for RingCentral stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	Feb '26	Mar '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	4	4	4	4	3	3
Buy	3	3	2	2	2	2
Hold	9	9	10	10	10	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	16	16	16	15	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joshua Reilly Needham	Needham	Buy Reiterates $55 → $85	Buy	Reiterates	$55 → $85	+22.51%	Aug 28, 2026
Ryan MacWilliams Wells Fargo	Wells Fargo	Hold Reiterates $43 → $65	Hold	Reiterates	$43 → $65	-6.31%	Aug 25, 2026
Siti Panigrahi Mizuho Securities	Mizuho Securities	Hold Maintains $40	Hold	Maintains	$40	-42.35%	Jul 29, 2026
Elizabeth Porter Morgan Stanley	Morgan Stanley	Hold Maintains $40 → $41	Hold	Maintains	$40 → $41	-40.91%	Jul 24, 2026
Timothy Horan Oppenheimer	Oppenheimer	Buy Maintains $50	Buy	Maintains	$50	-27.93%	Jul 24, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.64B

from 2.52B

5.02%

from 2.52B

Revenue Next Year

2.76B

from 2.64B

4.54%

from 2.64B

EPS This Year

5.07

from 4.36

16.28%

from 4.36

EPS Next Year

5.58

from 5.07

10.05%

from 5.07

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.59B	1.99B	2.20B	2.40B	2.52B	2.64B
Revenue Growth	34.73%	24.68%	10.77%	8.99%	4.78%	5.02%
Gross Profit	1.15B	1.35B	1.54B	1.69B	1.79B	2.05B
Gross Margin	71.88%	67.73%	69.84%	70.61%	71.24%	77.62%
Operating Income	-301.79M	-631.75M	-179.32M	13.97M	134.49M	625.48M
Net Income	-376.25M	-879.17M	-165.24M	-58.29M	43.39M	170.51M
EPS	-	-	-	-	4.36	5.07
EPS Growth	-	-	-	-	17.84%	16.28%
Forward PE	123.06	13.51	10.00	8.55	6.24	13.68
Free Cash Flow	15.43M	248.95M	453.38M	562.94M	641.36M	617.42M
No. Analysts	-	-	-	-	-	13

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	2.6B
Avg	2.6B
Low	2.6B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	5.2%
Avg	5.0%
Low	4.8%

EPS Forecast

Chart

EPS	2026	2027	2028
High	5.50
Avg	5.07
Low	4.95

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	26.1%
Avg	16.3%
Low	13.5%