RingCentral Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, RingCentral stock has a consensus rating of "Buy" and an average price target of $45.4. The average 1-year stock price forecast is 15.79% higher than the current stock price, while the lowest is $30 (-23.49%) and the highest is $55 (+40.27%).

Price Target: $45.4 (+15.79%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$30	$45.4	$45	$55
Change	-23.49%	+15.79%	+14.77%	+40.27%

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

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	May '26
Strong Buy	4	4	4	4	4	4
Buy	3	3	3	3	3	2
Hold	11	10	9	9	9	10
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	17	16	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Siti Panigrahi Mizuho Securities	Mizuho Securities	Hold Maintains $38	Hold	Maintains	$38	-3.09%	May 12, 2026
Taylor McGinnis UBS	UBS	Hold Maintains $32 → $45	Hold	Maintains	$32 → $45	+14.77%	May 11, 2026
Samad Samana Jefferies	Jefferies	Hold Maintains $40	Hold	Maintains	$40	+2.01%	May 9, 2026
Peter Levine Evercore ISI	Evercore ISI	Hold Maintains $30	Hold	Maintains	$30	-23.49%	May 8, 2026
Brian Peterson Raymond James	Raymond James	Buy Maintains $40 → $55	Buy	Maintains	$40 → $55	+40.27%	May 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.63B

from 2.52B

4.60%

from 2.52B

Revenue Next Year

2.75B

from 2.63B

4.52%

from 2.63B

EPS This Year

4.93

from 4.36

13.17%

from 4.36

EPS Next Year

5.38

from 4.93

9.07%

from 4.93

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	2.63B
Revenue Growth	34.73%	24.68%	10.77%	8.99%	4.78%	4.60%
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%	77.81%
Operating Income	-301.79M	-631.75M	-179.32M	13.97M	134.49M	616.02M
Net Income	-376.25M	-879.17M	-165.24M	-58.29M	43.39M	134.77M
EPS	-	-	-	-	4.36	4.93
EPS Growth	-	-	-	-	17.84%	13.17%
Forward PE	123.06	13.51	10.00	8.55	6.24	7.95
Free Cash Flow	15.43M	248.95M	453.38M	562.94M	641.36M	588.14M
No. Analysts	-	-	-	-	-	16

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

Revenue Forecast

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

Revenue Growth

Revenue Growth	2026	2027	2028
High	4.8%
Avg	4.6%
Low	4.4%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	4.93
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	13.2%
Low	-