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 85.19% upside from RBBN’s last price of $2.97) 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 85.19% upside from RBBN's last price of $2.97.
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 |
|---|---|---|---|---|---|---|
| Aug 21, 2024 | Mike Genovese | Rosenblatt Securities | $5.00 | $3.27 | 52.91% | 68.35% |
| Apr 25, 2024 | Christian Schwab | Craig-Hallum | $6.00 | $3.40 | 76.73% | 102.02% |
The latest Ribbon Communications stock forecast, released on Aug 21, 2024 by Mike Genovese from Rosenblatt Securities, set a price target of $5.00, which represents a 52.91% increase from the stock price at the time of the forecast ($3.27), and a 68.35% increase from RBBN last price ($2.97).
Ribbon Communications Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $5.00 | $5.00 | $5.50 |
| Last Closing Price | $2.97 | $2.97 | $2.97 |
| Upside/Downside | 68.35% | 68.35% | 85.19% |
In the current month, the average price target of Ribbon Communications stock is $5.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 68.35% increase as opposed to Ribbon Communications's last price of $2.97. This month's average price target is down 0.00% compared to last quarter, and down -9.09% 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 | $260.70M | $237.60M | $232.40M | $205.70M | $242.11M | $221.89M | $216.30M | $201.22M | $250.20M | $212.16M | $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 | $265.27M | $241.77M | $236.48M | $209.31M | $246.36M | $225.78M | $220.09M | $204.75M | $254.58M | $215.27M | $208.49M | $187.70M | $235.95M | $221.40M | $214.39M | $190.59M | $233.19M | $222.14M | $205.31M | $175.53M | $252.75M | $223.66M | $221.83M | $196.62M | $243.43M | $217.61M | $226.06M | $124.76M | $165.16M | $159.18M |
| Low Forecast | $253.60M | $231.13M | $226.07M | $200.10M | $235.51M | $215.85M | $210.40M | $195.73M | $243.38M | $209.04M | $199.31M | $179.44M | $233.20M | $217.86M | $204.95M | $182.21M | $222.93M | $212.36M | $197.81M | $169.12M | $243.52M | $215.49M | $213.73M | $189.44M | $234.54M | $209.66M | $217.80M | $120.20M | $159.12M | $153.37M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 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 $179.44M, and a high forecast of $187.70M. 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 | 1 | 1 | 3 | 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 | $30.69M | $27.97M | $27.36M | $24.21M | $28.50M | $26.12M | $25.46M | $23.69M | $29.45M | $24.97M | $24.12M | $-77.43M | $27.61M | $25.90M | $24.80M | $-61.21M | $26.98M | $-39.75M | $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 | $31.23M | $28.46M | $27.84M | $24.64M | $29.00M | $26.58M | $25.91M | $24.10M | $29.97M | $25.34M | $24.54M | $-61.95M | $27.77M | $26.06M | $25.24M | $-48.97M | $27.45M | $-31.80M | $24.17M | $-38.71M | $29.75M | $26.33M | $26.11M | $-7.27M | $28.65M | $25.62M | $26.61M | $-24.78M | $19.44M | $18.74M |
| Low Forecast | $29.85M | $27.21M | $26.61M | $23.55M | $27.72M | $25.41M | $24.77M | $23.04M | $28.65M | $24.61M | $23.46M | $-92.92M | $27.45M | $25.64M | $24.13M | $-73.45M | $26.24M | $-47.70M | $23.28M | $-58.07M | $28.66M | $25.37M | $25.16M | $-10.90M | $27.61M | $24.68M | $25.64M | $-37.17M | $18.73M | $18.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.34% | - | -0.27% | 0.06% | 0.81% | -0.36% | 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 | 1 | 1 | 3 | 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 | $31.28M | $19.12M | $17.38M | $6.95M | $21.43M | $14.48M | $12.74M | $4.63M | $24.33M | $10.08M | $8.34M | $-111.98M | $21.72M | $13.56M | $6.60M | $-88.52M | $-868.97K | $-70.82M | $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 | $32.00M | $19.55M | $17.78M | $7.11M | $21.92M | $14.81M | $13.04M | $4.74M | $24.89M | $12.10M | $8.53M | $-89.58M | $22.22M | $13.86M | $6.75M | $-70.81M | $-838.18K | $-56.66M | $6.51M | $-55.98M | $23.07M | $20.70M | $18.33M | $-19.66M | $24.84M | $11.53M | $8.87M | $-71.65M | $52.05M | $36.67M |
| Low Forecast | $30.17M | $18.44M | $16.76M | $6.71M | $20.67M | $13.97M | $12.29M | $4.47M | $23.47M | $8.06M | $8.05M | $-134.37M | $20.05M | $11.62M | $6.37M | $-106.22M | $-888.77K | $-84.99M | $6.20M | $-83.97M | $21.98M | $19.72M | $17.47M | $-29.49M | $23.67M | $10.99M | $8.45M | $-107.47M | $49.59M | $34.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.33% | - | -3.25% | 0.43% | -23.58% | 0.26% | -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 | 1 | 1 | 3 | 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 | $65.80M | $59.97M | $58.66M | $51.92M | $61.11M | $56.01M | $54.59M | $50.79M | $63.15M | $53.55M | $51.72M | $80.78M | $59.21M | $55.54M | $53.18M | $63.86M | $57.84M | $57.51M | $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 | $66.96M | $61.02M | $59.69M | $52.83M | $62.18M | $56.99M | $55.55M | $51.68M | $64.26M | $54.33M | $52.62M | $96.94M | $59.55M | $55.88M | $54.11M | $76.63M | $58.86M | $69.01M | $51.82M | $60.58M | $63.80M | $56.45M | $55.99M | $34.83M | $61.44M | $54.92M | $57.06M | $31.49M | $41.69M | $40.18M |
| Low Forecast | $64.01M | $58.34M | $57.06M | $50.50M | $59.44M | $54.48M | $53.11M | $49.40M | $61.43M | $52.76M | $50.31M | $64.62M | $58.86M | $54.99M | $51.73M | $51.09M | $56.27M | $46.01M | $49.93M | $40.38M | $61.46M | $54.39M | $53.95M | $23.22M | $59.20M | $52.92M | $54.97M | $30.34M | $40.16M | $38.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | - | 0.91% | 0.77% | 0.88% | 0.84% | 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 | 1 | 1 | 3 | 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 | $0.18 | $0.11 | $0.10 | $0.04 | $0.12 | $0.08 | $0.07 | $0.03 | $0.14 | $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 | $0.04 | $0.13 | $0.09 | $0.08 | $0.03 | $0.14 | $0.07 | $0.05 | $-0.01 | $0.13 | $0.08 | $0.04 | $-0.03 | $-0.00 | $0.06 | $0.04 | $-0.07 | $0.13 | $0.12 | $0.11 | $0.02 | $0.14 | $0.07 | $0.05 | $-0.00 | $0.30 | $0.21 |
| Low Forecast | $0.17 | $0.11 | $0.10 | $0.04 | $0.12 | $0.08 | $0.07 | $0.03 | $0.14 | $0.05 | $0.05 | $-0.01 | $0.12 | $0.07 | $0.04 | $-0.03 | $-0.01 | $0.06 | $0.04 | $-0.08 | $0.13 | $0.11 | $0.10 | $0.02 | $0.14 | $0.06 | $0.05 | $-0.01 | $0.29 | $0.20 |
| 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 | $346.49 | $1.02K | 194.86% | Buy |
| LBRDA | Liberty Broadband | $61.43 | $158.00 | 157.20% | Buy |
| OOMA | Ooma | $11.08 | $24.00 | 116.61% | Buy |
| RBBN | Ribbon Communications | $2.97 | $5.50 | 85.19% | Buy |
| SHEN | Shenandoah Telecommunications Company | $16.40 | $25.00 | 52.44% | Hold |
| ATNI | ATN | $29.22 | $40.00 | 36.89% | Strong Buy |
| LBTYA | Liberty Global | $20.48 | $26.08 | 27.34% | Buy |
| RDCM | RADCOM | $9.81 | $11.25 | 14.68% | - |
| CCOI | Cogent Communications | $70.66 | $74.00 | 4.73% | Buy |
RBBN Forecast FAQ
Is Ribbon Communications a good buy?
Yes, according to 3 Wall Street analysts, Ribbon Communications (RBBN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of RBBN's total ratings.
What is RBBN's price target?
Ribbon Communications (RBBN) average price target is $5.5 with a range of $5 to $6, implying a 85.19% from its last price of $2.97. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Ribbon Communications stock go up soon?
According to Wall Street analysts' prediction for RBBN stock, the company can go up by 85.19% (from the last price of $2.97 to the average price target of $5.5), up by 102.02% based on the highest stock price target, and up by 68.35% based on the lowest stock price target.
Can Ribbon Communications stock reach $4?
RBBN's average twelve months analyst stock price target of $5.5 supports the claim that Ribbon Communications can reach $4 in the near future.
What is Ribbon Communications's current price target trend?
1 Wall Street analyst forecast a $5 price target for Ribbon Communications (RBBN) this month, up 68.35% from its last price of $2.97. Compared to the last 3 and 12 months, the average price target increased by 68.35% and increased by 85.19%, respectively.
What are Ribbon Communications's analysts' financial forecasts?
Ribbon Communications's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $881.52M (high $896.98M, low $857.5M), average EBITDA is $103.77M (high $105.58M, low $100.94M), average net income is $53.3M (high $54.51M, low $51.41M), average SG&A $222.5M (high $226.4M, low $216.44M), and average EPS is $0.307 (high $0.314, low $0.296). RBBN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $936.4M (high $952.82M, low $910.89M), average EBITDA is $110.23M (high $112.16M, low $107.22M), average net income is $74.73M (high $76.43M, low $72.08M), average SG&A $236.35M (high $240.49M, low $229.91M), and average EPS is $0.43 (high $0.44, low $0.415).
Did the RBBN's actual financial results beat the analysts' financial forecasts?
Based on Ribbon Communications's last annual report (Dec 2023), the company's revenue was $826.34M, which missed the average analysts forecast of $852.61M by -3.08%. Apple's EBITDA was $67.4M, beating the average prediction of $17.1M by 294.05%. The company's net income was $-66.206M, beating the average estimation of $-46.634M by 41.97%. Apple's SG&A was $192.42M, missing the average forecast of $231.78M by -16.98%. Lastly, the company's EPS was $-0.39, missing the average prediction of $0.211 by -284.83%. In terms of the last quarterly report (Dec 2023), Ribbon Communications's revenue was $226.4M, missing the average analysts' forecast of $234.58M by -3.48%. The company's EBITDA was $37.12M, beating the average prediction of $27.61M by 34.42%. Ribbon Communications's net income was $7.08M, missing the average estimation of $21.72M by -67.41%. The company's SG&A was $49.05M, missing the average forecast of $59.21M by -17.16%. Lastly, the company's EPS was $0.0409, missing the average prediction of $0.125 by -67.28%