Ribbon Communications (RBBN) Stock Forecast, Price Target & Predictions
RBBN Stock Forecast
Ribbon Communications stock forecast is as follows: an average price target of $5.50 (represents a 31.89% upside from RBBN’s last price of $4.17) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
RBBN Price Target
The average price target for Ribbon Communications (RBBN) is $5.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $6.00 to $5.00. This represents a potential 31.89% upside from RBBN's last price of $4.17.
RBBN Analyst Ratings
According to 3 Wall Street analysts, Ribbon Communications's rating consensus is 'Buy'. The analyst rating breakdown for RBBN stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Ribbon Communications Price Target by Analyst
| 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% | 43.88% |
| Aug 21, 2024 | Mike Genovese | Rosenblatt Securities | $5.00 | $3.27 | 52.91% | 19.90% |
| Apr 25, 2024 | Christian Schwab | Craig-Hallum | $6.00 | $3.40 | 76.73% | 43.88% |
The latest Ribbon Communications stock forecast, released on Oct 24, 2024 by Dave King from C.L. King, set a price target of $6.00, which represents a 74.93% increase from the stock price at the time of the forecast ($3.43), and a 43.88% increase from RBBN last price ($4.17).
Ribbon Communications Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $6.00 | $5.67 |
| Last Closing Price | $4.17 | $4.17 | $4.17 |
| Upside/Downside | -100.00% | 43.88% | 35.97% |
In the current month, the average price target of Ribbon Communications stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ribbon Communications's last price of $4.17. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| 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 |
Ribbon Communications's last stock rating was published by Craig-Hallum on Apr 25, 2024. The company Initialise its RBBN rating from "null" to "Buy".
Ribbon Communications Financial Forecast
Ribbon Communications Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $226.40M | - | $210.62M | $186.16M | $233.64M | $207.13M | $205.80M | $173.20M | $230.58M | $210.40M | $211.21M | $192.77M | $244.20M | $231.12M | $210.49M | $157.98M | $161.11M | $137.65M |
| Avg Forecast | $256.81M | $235.63M | $229.75M | $207.43M | $246.37M | $220.40M | $210.54M | $194.53M | $243.61M | $212.17M | $204.89M | $184.47M | $234.57M | $220.03M | $210.69M | $187.31M | $229.17M | $218.31M | $202.06M | $172.75M | $248.75M | $220.12M | $218.31M | $193.50M | $239.57M | $214.16M | $222.48M | $122.78M | $162.54M | $156.66M |
| High Forecast | $263.45M | $241.73M | $235.69M | $212.79M | $252.74M | $226.09M | $215.99M | $198.95M | $248.44M | $212.17M | $210.19M | $184.74M | $235.95M | $221.40M | $216.14M | $192.15M | $235.10M | $218.31M | $202.06M | $172.75M | $248.75M | $220.12M | $218.31M | $193.50M | $239.57M | $214.16M | $222.48M | $122.78M | $162.54M | $156.66M |
| Low Forecast | $249.30M | $228.74M | $223.03M | $201.36M | $239.16M | $213.95M | $204.39M | $190.09M | $238.78M | $212.16M | $198.90M | $184.19M | $233.20M | $217.86M | $204.53M | $181.83M | $222.47M | $218.31M | $202.06M | $172.75M | $248.75M | $220.12M | $218.31M | $193.50M | $239.57M | $214.16M | $222.48M | $122.78M | $162.54M | $156.66M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 16 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | - | 1.00% | 0.99% | 1.02% | 0.95% | 1.02% | 1.00% | 0.93% | 0.96% | 0.97% | 1.00% | 1.02% | 1.08% | 0.95% | 1.29% | 0.99% | 0.88% |
Ribbon Communications's average Quarter revenue forecast for Mar 24 based on 1 analysts is $184.47M, with a low forecast of $184.19M, and a high forecast of $184.74M. RBBN's average Quarter revenue forecast represents a -18.52% decrease compared to the company's last Quarter revenue of $226.40M (Dec 23).
Ribbon Communications EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 16 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $37.12M | - | $-6.62M | $-3.67M | $21.88M | $14.42M | $6.25M | $-41.76M | $-108.00M | $-33.36M | $52.82M | $-16.52M | $152.45M | $33.20M | $18.74M | $-11.47M | $-132.36M | $17.37M |
| Avg Forecast | $-2.38M | $-2.18M | $-2.13M | $-1.92M | $-2.28M | $-2.04M | $-1.95M | $-1.80M | $-2.25M | $-1.96M | $-1.90M | $-77.43M | $-2.17M | $-2.04M | $-1.95M | $-61.21M | $-249.49M | $25.70M | $23.78M | $-48.39M | $29.28M | $25.91M | $25.70M | $-9.08M | $28.20M | $25.21M | $26.19M | $-30.97M | $19.13M | $18.44M |
| High Forecast | $-2.31M | $-2.12M | $-2.06M | $-1.86M | $-2.21M | $-1.98M | $-1.89M | $-1.76M | $-2.21M | $-1.96M | $-1.84M | $-61.95M | $-2.16M | $-2.02M | $-1.89M | $-48.97M | $-199.59M | $25.70M | $23.78M | $-38.71M | $29.28M | $25.91M | $25.70M | $-7.27M | $28.20M | $25.21M | $26.19M | $-24.78M | $19.13M | $18.44M |
| Low Forecast | $-2.44M | $-2.24M | $-2.18M | $-1.97M | $-2.34M | $-2.09M | $-2.00M | $-1.84M | $-2.30M | $-1.96M | $-1.95M | $-92.92M | $-2.18M | $-2.05M | $-2.00M | $-73.45M | $-299.38M | $25.70M | $23.78M | $-58.07M | $29.28M | $25.91M | $25.70M | $-10.90M | $28.20M | $25.21M | $26.19M | $-37.17M | $19.13M | $18.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -17.09% | - | 3.40% | 0.06% | -0.09% | 0.56% | 0.26% | 0.86% | -3.69% | -1.29% | 2.06% | 1.82% | 5.41% | 1.32% | 0.72% | 0.37% | -6.92% | 0.94% |
1 analysts predict RBBN's average Quarter EBITDA for Mar 24 to be $-77.43M, with a high of $-61.95M and a low of $-92.92M. This is -308.62% lower than Ribbon Communications's previous annual EBITDA (Dec 23) of $37.12M.
Ribbon Communications Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 16 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $7.08M | - | $-21.48M | $-38.30M | $20.49M | $-18.42M | $-30.18M | $-69.97M | $-96.31M | $-59.43M | $23.24M | $-44.69M | $123.76M | $6.25M | $-8.25M | $-33.17M | $-150.36M | $1.65M |
| Avg Forecast | $29.68M | $19.21M | $16.59M | $7.86M | $23.75M | $13.97M | $9.43M | $3.49M | $22.35M | $10.13M | $8.38M | $-111.98M | $21.83M | $13.62M | $6.64M | $-88.52M | $-222.47M | $9.99M | $6.37M | $-69.97M | $22.59M | $20.28M | $17.96M | $-24.58M | $24.33M | $11.30M | $8.69M | $-89.56M | $50.98M | $35.92M |
| High Forecast | $30.68M | $19.85M | $17.15M | $8.12M | $24.55M | $14.44M | $9.75M | $3.61M | $23.10M | $10.47M | $8.66M | $-89.58M | $22.56M | $14.08M | $6.86M | $-70.81M | $-177.98M | $9.99M | $6.37M | $-55.98M | $22.59M | $20.28M | $17.96M | $-19.66M | $24.33M | $11.30M | $8.69M | $-71.65M | $50.98M | $35.92M |
| Low Forecast | $28.56M | $18.48M | $15.96M | $7.56M | $22.84M | $13.44M | $9.07M | $1.75M | $21.50M | $9.74M | $8.06M | $-134.37M | $20.15M | $11.67M | $6.38M | $-106.22M | $-266.97M | $9.99M | $6.37M | $-83.97M | $22.59M | $20.28M | $17.96M | $-29.49M | $24.33M | $11.30M | $8.69M | $-107.47M | $50.98M | $35.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.32% | - | -3.24% | 0.43% | -0.09% | -1.84% | -4.74% | 1.00% | -4.26% | -2.93% | 1.29% | 1.82% | 5.09% | 0.55% | -0.95% | 0.37% | -2.95% | 0.05% |
Ribbon Communications's average Quarter net income forecast for Mar 24 is $-111.98M, with a range of $-134.37M to $-89.58M. RBBN's average Quarter net income forecast represents a -1681.80% decrease compared to the company's last Quarter net income of $7.08M (Dec 23).
Ribbon Communications SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 16 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $49.05M | - | $48.25M | $49.44M | $51.11M | $48.48M | $48.74M | $50.48M | $55.29M | $48.26M | $47.62M | $52.77M | $38.71M | $57.63M | $52.71M | $53.56M | $43.82M | $37.90M |
| Avg Forecast | $64.82M | $59.47M | $57.99M | $52.36M | $62.18M | $55.63M | $53.14M | $49.10M | $61.49M | $53.55M | $51.72M | $80.78M | $59.21M | $55.54M | $53.18M | $63.86M | $127.73M | $55.10M | $51.00M | $50.48M | $62.78M | $55.56M | $55.10M | $29.02M | $60.47M | $54.05M | $56.15M | $30.99M | $41.03M | $39.54M |
| High Forecast | $66.49M | $61.01M | $59.49M | $53.71M | $63.79M | $57.07M | $54.52M | $50.22M | $62.71M | $53.55M | $53.05M | $96.94M | $59.55M | $55.88M | $54.55M | $76.63M | $153.27M | $55.10M | $51.00M | $60.58M | $62.78M | $55.56M | $55.10M | $34.83M | $60.47M | $54.05M | $56.15M | $30.99M | $41.03M | $39.54M |
| Low Forecast | $62.92M | $57.74M | $56.29M | $50.82M | $60.36M | $54.00M | $51.59M | $47.98M | $60.27M | $53.55M | $50.20M | $64.62M | $58.86M | $54.99M | $51.62M | $51.09M | $102.18M | $55.10M | $51.00M | $40.38M | $62.78M | $55.56M | $55.10M | $23.22M | $60.47M | $54.05M | $56.15M | $30.99M | $41.03M | $39.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | - | 0.91% | 0.77% | 0.40% | 0.88% | 0.96% | 1.00% | 0.88% | 0.87% | 0.86% | 1.82% | 0.64% | 1.07% | 0.94% | 1.73% | 1.07% | 0.96% |
Ribbon Communications's average Quarter SG&A projection for Mar 24 is $80.78M, based on 1 Wall Street analysts, with a range of $64.62M to $96.94M. The forecast indicates a 64.70% rise compared to RBBN last annual SG&A of $49.05M (Dec 23).
Ribbon Communications EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 16 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.04 | - | $-0.13 | $-0.23 | $0.12 | $-0.12 | $-0.20 | $-0.47 | $-0.65 | $-0.40 | $0.16 | $-0.31 | $0.85 | $0.04 | $-0.06 | $-0.27 | $-1.36 | $0.01 |
| Avg Forecast | $0.17 | $0.11 | $0.10 | $0.04 | $0.14 | $0.08 | $0.05 | $0.02 | $0.13 | $0.06 | $0.05 | $-0.01 | $0.13 | $0.08 | $0.04 | $-0.03 | $-0.01 | $0.06 | $0.04 | $-0.08 | $0.13 | $0.12 | $0.10 | $0.02 | $0.14 | $0.07 | $0.05 | $-0.01 | $0.29 | $0.21 |
| High Forecast | $0.18 | $0.11 | $0.10 | $0.05 | $0.14 | $0.08 | $0.06 | $0.02 | $0.13 | $0.06 | $0.05 | $-0.01 | $0.13 | $0.08 | $0.04 | $-0.03 | $-0.00 | $0.06 | $0.04 | $-0.08 | $0.13 | $0.12 | $0.10 | $0.02 | $0.14 | $0.07 | $0.05 | $-0.01 | $0.29 | $0.21 |
| Low Forecast | $0.16 | $0.11 | $0.09 | $0.04 | $0.13 | $0.08 | $0.05 | $0.01 | $0.12 | $0.06 | $0.05 | $-0.01 | $0.12 | $0.07 | $0.04 | $-0.03 | $-0.01 | $0.06 | $0.04 | $-0.08 | $0.13 | $0.12 | $0.10 | $0.02 | $0.14 | $0.07 | $0.05 | $-0.01 | $0.29 | $0.21 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.33% | - | -3.42% | 7.67% | -24.00% | -2.09% | -5.45% | 6.13% | -5.00% | -3.43% | 1.55% | -18.60% | 6.07% | 0.62% | -1.20% | 54.00% | -4.64% | 0.05% |
According to 1 Wall Street analysts, Ribbon Communications's projected average Quarter EPS for Mar 24 is $-0.01, with a low estimate of $-0.01 and a high estimate of $-0.01. This represents a -124.45% decrease compared to RBBN previous annual EPS of $0.04 (Dec 23).
Ribbon Communications Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CABO | Cable One | $364.93 | $850.00 | 132.92% | Buy |
| ATNI | ATN | $17.49 | $40.00 | 128.70% | Strong Buy |
| LBRDA | Liberty Broadband | $79.60 | $158.00 | 98.49% | Buy |
| SHEN | Shenandoah Telecommunications Company | $13.36 | $25.00 | 87.13% | Hold |
| OOMA | Ooma | $14.69 | $24.00 | 63.38% | Buy |
| RBBN | Ribbon Communications | $4.11 | $5.50 | 33.82% | Buy |
| LBTYA | Liberty Global | $12.45 | $14.22 | 14.22% | Buy |
| CCOI | Cogent Communications | $74.18 | $80.83 | 8.96% | Buy |
| RDCM | RADCOM | $11.97 | $11.25 | -6.02% |