
RingCentral (RNG) Stock Forecast & Price Target
RingCentral (RNG) Analyst Ratings
Bulls say
RingCentral is set to see continued success in the AI market, as demonstrated by their growing customer base and impressive call abandonment rate results. With strong control over product development and significant investments in R&D, the company is poised for future growth and a dominant position in the cloud communications industry. They have a compelling valuation, improved financials, and a clear growth strategy focused on their AI portfolio, which has led to a recent increase in their price target. However, potential risks in non-seat-based products and acquisitions should be monitored for any potential impact on execution.
Bears say
RingCentral is facing increased competition and displacement risk as companies like Microsoft, Zoom, and Cisco aggressively expand their offerings in the cloud communications market, which is already highly competitive. The company's debt-to-Adj. EBITDA ratio of 1.7x is also a concern and its stock is trading below the peer average at 1.3x EV/CY26e Sales, despite its projected revenue growth of 4.6% Y/Y by CY26e.
This aggregate rating is based on analysts' research of RingCentral and is not a guaranteed prediction by Public.com or investment advice.
RingCentral (RNG) Analyst Forecast & Price Prediction
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