RingCentral | RNG | Long at $35.17RingCentral NYSE:RNG analysis:
The Good:
Revenues grew every from 2017 (~$500 million) to Q3 of 2024 ($2.3 billion) and recently adjusted to a "beat" for 2024 as a whole.
Gross profit in Q3 of 2024 was $1.6 billion and has increased every year since 2019
Price-to-sales: 1.3x (industry a
Next report date
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EPS estimate
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Revenue estimate
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−0.63 USD
−58.29 M USD
2.40 B USD
78.83 M
About RingCentral, Inc.
Sector
Industry
CEO
Vladimir G. Shmunis
Website
Headquarters
Belmont
Founded
1999
FIGI
BBG000J094P3
RingCentral, Inc. engages in the provision of global enterprise cloud communications and collaboration solutions. The firm's solutions provide a single user identity across multiple locations and devices, including smartphones, tablets, PCs and desk phones, and allows for communication across multiple modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings and fax. It sells its products under the RingCentral Professional, RingCentral Glip, and RingCentral Fax brands. The company was founded by Vlad Vendrow and Vladimir Shmunis in 1999 and is headquartered in Belmont, CA.
RingCentral Broke out, Target price $100RingCentral has broken out of its two-year consolidation phase, supported by a historically low multiple and steady growth in revenue and profit. I’m holding a substantial position in my portfolio, as the breakout's strength will be confirmed (or challenged) by next week’s earnings report. That said
One Good Trade Weekly ReviewOne trade entered. The second did not. WES while looking a bit weak, on Friday is still a long entry. I did reduce risk on the position. Any price below the strong bullish bar on will be extremely bearish. I did leave a little room below that bar in case buyers step in to defend.
Context and Learning To Change With ChangeOne of the hardest things for traders, or anyone for that matter, is to adapt to change. Mostly we get stuck when things change, which makes trading difficult since the very nature of markets is change. This is where the cliché 'going with the flow' originates, but simply understanding the cliché is
Ring Falling Wedge, 200ma BeatRing has formed a falling wedge(FW) pattern as price trends above the 200ma for the first time since early 2021. Falling wedges tend to be bullish patterns as price tends to break up and out of them which price is attempting to do on this move up this morning. Having 200ma support for the first ti
Ringcentral (NYSE: $RNG) Looking Cheap @ Current Price Levels!🔔RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company offers business cloud communications and contact center solutions based on its Message Video Phone? platform. Its products include RingCentral Offi
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
Neutral
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Strong sellSellNeutralBuyStrong buy
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Strong sellSellNeutralBuyStrong buy
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of RNG is 23.51 USD — it has increased by 3.53% in the past 24 hours. Watch RingCentral, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange RingCentral, Inc. stocks are traded under the ticker RNG.
RNG stock has risen by 1.15% compared to the previous week, the month change is a −14.65% fall, over the last year RingCentral, Inc. has showed a −20.73% decrease.
We've gathered analysts' opinions on RingCentral, Inc. future price: according to them, RNG price has a max estimate of 45.00 USD and a min estimate of 22.00 USD. Watch RNG chart and read a more detailed RingCentral, Inc. stock forecast: see what analysts think of RingCentral, Inc. and suggest that you do with its stocks.
RNG stock is 5.88% volatile and has beta coefficient of 1.29. Track RingCentral, Inc. stock price on the chart and check out the list of the most volatile stocks — is RingCentral, Inc. there?
Today RingCentral, Inc. has the market capitalization of 2.08 B, it has decreased by −0.57% over the last week.
Yes, you can track RingCentral, Inc. financials in yearly and quarterly reports right on TradingView.
RingCentral, Inc. is going to release the next earnings report on May 13, 2025. Keep track of upcoming events with our Earnings Calendar.
RNG earnings for the last quarter are 0.98 USD per share, whereas the estimation was 0.97 USD resulting in a 1.34% surprise. The estimated earnings for the next quarter are 0.96 USD per share. See more details about RingCentral, Inc. earnings.
RingCentral, Inc. revenue for the last quarter amounts to 614.51 M USD, despite the estimated figure of 612.36 M USD. In the next quarter, revenue is expected to reach 610.57 M USD.
RNG net income for the last quarter is −7.19 M USD, while the quarter before that showed −7.85 M USD of net income which accounts for 8.47% change. Track more RingCentral, Inc. financial stats to get the full picture.
No, RNG doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 24, 2025, the company has 4.26 K employees. See our rating of the largest employees — is RingCentral, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. RingCentral, Inc. EBITDA is 257.13 M USD, and current EBITDA margin is 10.77%. See more stats in RingCentral, Inc. financial statements.
Like other stocks, RNG shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade RingCentral, Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So RingCentral, Inc. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating RingCentral, Inc. stock shows the sell signal. See more of RingCentral, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.