Ribbon Communications (RBBN) Stock Forecast, Price Target & Predictions
RBBN Stock Forecast
Ribbon Communications (RBBN) stock forecast, based on 3 Wall Street analysts, predicts a 12-month average price target of $5.50, with a high of $6.00 and a low of $5.00. This represents a 39.95% increase from the last price of $3.93.
RBBN Stock Rating
Ribbon Communications stock's rating consensus is Buy, based on 3 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
RBBN Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Ribbon Communications | 39.95% |
Sector | Communication Services Stocks | 2.10% |
Industry | Telecom Stocks | 18.51% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 3 |
Avg Price Target | - | - | $5.67 |
Last Closing Price | $3.93 | $3.93 | $3.93 |
Upside/Downside | - | - | 44.27% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | 1 | 4 | - | - | - | 5 |
Dec, 24 | 1 | 4 | - | - | - | 5 |
Nov, 24 | 3 | 4 | 1 | 1 | - | 9 |
Oct, 24 | 3 | 5 | 1 | 1 | - | 10 |
Sep, 24 | 3 | 5 | 1 | 1 | - | 10 |
Latest Price Target by Analysts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 24, 2024 | Dave King | C.L. King | $6.00 | $3.43 | 74.93% | 52.67% |
Aug 21, 2024 | Mike Genovese | Rosenblatt Securities | $5.00 | $3.27 | 52.91% | 27.23% |
Apr 25, 2024 | Christian Schwab | Craig-Hallum | $6.00 | $3.40 | 76.47% | 52.67% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Apr 25, 2024 | Craig-Hallum | Buy | initialise | |
Apr 25, 2024 | B. Riley | Buy | Buy | hold |
Oct 26, 2023 | B. Riley Securities | Buy | Buy | hold |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $0.64 | $-1.20 | $-0.63 | $-0.39 | - | - | - |
Avg Forecast | $0.36 | $0.44 | - | $0.21 | $0.21 | $0.28 | $0.37 |
High Forecast | $0.35 | $0.43 | - | $0.20 | $0.21 | $0.27 | $0.36 |
Low Forecast | $0.37 | $0.45 | - | $0.21 | $0.21 | $0.29 | $0.38 |
Surprise % | 77.78% | -372.73% | - | -285.71% | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $843.79M | $844.96M | $819.76M | $826.34M | - | - | - |
Avg Forecast | $839.07M | $863.14M | $815.28M | $834.63M | $826.14M | $871.83M | $922.11M |
High Forecast | $815.88M | $839.28M | $805.83M | $833.23M | $821.28M | $862.52M | $922.11M |
Low Forecast | $855.20M | $879.73M | $825.30M | $836.03M | $830.98M | $881.13M | $922.11M |
Surprise % | 0.56% | -2.11% | 0.55% | -0.99% | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $88.59M | $-177.19M | $-98.08M | $-66.21M | - | - | - |
Avg Forecast | $-4.10M | $-278.11M | $-379.87M | $-52.80M | $35.80M | $47.71M | $63.05M |
High Forecast | $-41.74M | $-338.97M | $-455.84M | $-63.36M | $35.15M | $45.95M | $61.92M |
Low Forecast | $33.55M | $-217.25M | $-303.89M | $-42.24M | $36.46M | $49.48M | $64.23M |
Surprise % | -2262.33% | -36.29% | -74.18% | 25.40% | - | - | - |