RingCentral (RNG) Stock Forecast, Price Target & Predictions
RNG Stock Forecast
RingCentral stock forecast is as follows: an average price target of $113.35 (represents a 285.81% upside from RNG’s last price of $29.38) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
RNG Price Target
The average price target for RingCentral (RNG) is $113.35 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $300.00 to $31.00. This represents a potential 285.81% upside from RNG's last price of $29.38.
RNG Analyst Ratings
According to 14 Wall Street analysts, RingCentral's rating consensus is 'Buy'. The analyst rating breakdown for RNG stock is 1 'Strong Buy' (7.14%), 9 'Buy' (64.29%), 4 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
RingCentral Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 05, 2024 | William Power | Robert W. Baird | $36.00 | $35.26 | 2.10% | 22.53% |
| Aug 02, 2024 | Catharine Trebnick | Rosenblatt Securities | $45.00 | $35.26 | 27.62% | 53.17% |
| Jul 10, 2024 | James Fish | Piper Sandler | $31.00 | $27.81 | 11.47% | 5.51% |
| May 09, 2024 | Matthew Niknam | Deutsche Bank | $42.00 | $34.38 | 22.16% | 42.95% |
| Feb 21, 2024 | Taz Koujalgi | Wedbush | $40.00 | $31.48 | 27.06% | 36.15% |
| Nov 07, 2023 | Catharine Trebnick | Rosenblatt Securities | $35.00 | $29.01 | 20.65% | 19.13% |
| Nov 07, 2023 | Siti Panigrahi | Mizuho Securities | $40.00 | $29.01 | 37.88% | 36.15% |
| Aug 08, 2023 | Ryan Koontz | Needham | $46.00 | $31.80 | 44.65% | 56.57% |
| May 26, 2023 | Ryan Koontz | Needham | $42.00 | $33.79 | 24.30% | 42.95% |
| Jan 06, 2023 | - | Wells Fargo | $60.00 | $32.33 | 85.61% | 104.22% |
The latest RingCentral stock forecast, released on Aug 05, 2024 by William Power from Robert W. Baird, set a price target of $36.00, which represents a 2.10% increase from the stock price at the time of the forecast ($35.26), and a 22.53% increase from RNG last price ($29.38).
RingCentral Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 7 |
| Avg Price Target | - | $37.33 | $38.43 |
| Last Closing Price | $29.38 | $29.38 | $29.38 |
| Upside/Downside | -100.00% | 27.06% | 30.80% |
In the current month, the average price target of RingCentral stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to RingCentral's last price of $29.38. 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 |
|---|---|---|---|---|
| Sep 04, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Aug 06, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jul 10, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| May 09, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Feb 21, 2024 | Needham | Buy | Buy | Hold |
| Feb 21, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Dec 12, 2023 | Jefferies | Buy | Hold | Downgrade |
| Nov 07, 2023 | Piper Sandler | Neutral | Neutral | Hold |
| Nov 07, 2023 | Needham | Buy | Buy | Hold |
| Aug 08, 2023 | Needham | Buy | Buy | Hold |
RingCentral's last stock rating was published by Piper Sandler on Sep 04, 2024. The company gave RNG a "Neutral" rating, the same as its previous rate.
RingCentral Financial Forecast
RingCentral 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | $558.16M | $539.30M | $533.69M | $524.75M | $509.03M | $486.90M | $467.66M | $448.50M | $414.63M | $379.27M | $352.36M | $334.54M | $303.62M | $277.99M | $267.51M | $252.87M | $233.35M |
| Avg Forecast | $701.43M | $689.96M | $681.40M | $673.65M | $666.28M | $650.81M | $638.68M | $629.29M | $615.94M | $602.15M | $586.39M | $578.14M | $570.44M | $555.46M | $536.19M | $527.98M | $527.26M | $502.67M | $479.18M | $458.37M | $435.79M | $393.42M | $358.89M | $339.93M | $317.56M | $287.30M | $263.80M | $257.07M | $239.47M | $221.35M |
| High Forecast | $703.88M | $692.37M | $683.78M | $676.00M | $668.60M | $653.08M | $640.90M | $631.48M | $618.09M | $602.98M | $588.43M | $580.16M | $573.10M | $557.11M | $538.06M | $529.82M | $529.10M | $504.42M | $480.31M | $459.45M | $436.82M | $394.35M | $359.74M | $340.73M | $318.31M | $287.97M | $264.42M | $257.68M | $240.04M | $221.87M |
| Low Forecast | $699.54M | $688.09M | $679.56M | $671.83M | $664.48M | $649.05M | $636.95M | $627.58M | $614.27M | $600.76M | $584.80M | $576.58M | $568.19M | $553.30M | $534.74M | $526.55M | $525.84M | $501.31M | $477.95M | $457.18M | $434.66M | $392.40M | $357.97M | $339.05M | $316.74M | $286.55M | $263.12M | $256.41M | $238.85M | $220.78M |
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 6 | 12 | 24 | 21 | 12 | 11 | 16 | 11 | 16 | 13 | 12 | 13 | 12 | 21 | 3 | 3 | 3 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.01% | 1.00% | 1.01% | 1.02% | 1.02% | 1.03% | 1.05% | 1.06% | 1.04% | 1.05% | 1.06% | 1.05% | 1.04% | 1.06% | 1.05% |
RingCentral's average Quarter revenue forecast for Dec 23 based on 12 analysts is $570.44M, with a low forecast of $568.19M, and a high forecast of $573.10M. RNG's average Quarter revenue forecast represents a 2.20% increase compared to the company's last Quarter revenue of $558.16M (Sep 23).
RingCentral 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 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 6 | 12 | 24 | 21 | 12 | 11 | 16 | 11 | 16 | 13 | 12 | 13 | 12 | 21 | 3 | 3 | 3 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-54.17M | $48.63M | $8.42M | $-100.21M | $-117.36M | $-157.26M | $-87.83M | $-54.00M | $-102.70M | $-68.46M | $41.11M | $36.85M | $11.22M | $31.22M | $-36.46M | $-8.43M | $1.84M |
| Avg Forecast | $-29.97M | $-29.48M | $-29.11M | $-28.78M | $-28.47M | $-27.81M | $-27.29M | $-26.89M | $-26.32M | $-25.73M | $-25.05M | $-90.65M | $-24.37M | $-23.73M | $-22.91M | $-82.41M | $-22.53M | $-78.50M | $-20.47M | $-74.92M | $-18.62M | $-16.81M | $-15.33M | $37.82M | $-13.57M | $-12.27M | $-11.27M | $-34.43M | $-10.23M | $-9.46M |
| High Forecast | $-29.89M | $-29.40M | $-29.03M | $-28.70M | $-28.39M | $-27.73M | $-27.21M | $-26.81M | $-26.25M | $-25.67M | $-24.99M | $-72.52M | $-24.28M | $-23.64M | $-22.85M | $-65.93M | $-22.47M | $-62.80M | $-20.42M | $-59.93M | $-18.57M | $-16.77M | $-15.29M | $45.38M | $-13.53M | $-12.24M | $-11.24M | $-27.55M | $-10.21M | $-9.43M |
| Low Forecast | $-30.07M | $-29.58M | $-29.21M | $-28.88M | $-28.57M | $-27.90M | $-27.38M | $-26.98M | $-26.41M | $-25.76M | $-25.14M | $-108.78M | $-24.49M | $-23.80M | $-22.99M | $-98.89M | $-22.61M | $-94.20M | $-20.52M | $-89.90M | $-18.66M | $-16.85M | $-15.37M | $30.26M | $-13.60M | $-12.30M | $-11.30M | $-41.32M | $-10.26M | $-9.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.28% | -2.12% | -0.10% | 4.45% | 1.49% | 7.68% | 1.17% | 2.90% | 6.11% | 4.46% | 1.09% | -2.72% | -0.91% | -2.77% | 1.06% | 0.82% | -0.19% |
24 analysts predict RNG's average Quarter EBITDA for Sep 23 to be $-23.73M, with a high of $-23.64M and a low of $-23.80M. This is -148.80% lower than RingCentral's previous annual EBITDA (Jun 23) of $48.63M.
RingCentral 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 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 6 | 12 | 24 | 21 | 12 | 11 | 16 | 11 | 16 | 13 | 12 | 13 | 12 | 21 | 3 | 3 | 3 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-42.12M | $-21.48M | $-54.40M | $-284.06M | $-284.62M | $-159.51M | $-150.97M | $-118.36M | $-146.75M | $-110.96M | $-186.00K | $-1.83M | $-20.96M | $509.00K | $-60.72M | $-25.26M | $-12.75M |
| Avg Forecast | $109.55M | $108.17M | $105.00M | $103.11M | $101.63M | $97.33M | $94.50M | $92.27M | $88.48M | $85.60M | $81.39M | $-155.81M | $76.40M | $70.44M | $69.52M | $-141.65M | $54.80M | $-112.18M | $37.46M | $-128.77M | $34.29M | $30.99M | $25.90M | $-171.12K | $24.94M | $22.32M | $18.75M | $-57.35M | $19.67M | $17.62M |
| High Forecast | $110.04M | $108.66M | $105.47M | $103.57M | $102.09M | $97.78M | $94.93M | $92.69M | $88.88M | $86.53M | $81.76M | $-124.65M | $79.16M | $74.20M | $69.84M | $-113.32M | $55.05M | $-89.74M | $37.57M | $-103.02M | $34.40M | $31.09M | $25.98M | $-136.90K | $25.02M | $22.39M | $18.81M | $-45.88M | $19.73M | $17.68M |
| Low Forecast | $109.16M | $107.79M | $104.63M | $102.74M | $101.27M | $96.99M | $94.17M | $91.94M | $88.17M | $84.67M | $81.10M | $-186.97M | $72.72M | $66.69M | $69.28M | $-169.98M | $54.60M | $-134.61M | $37.33M | $-154.52M | $34.18M | $30.89M | $25.81M | $-205.34K | $24.86M | $22.24M | $18.69M | $-68.82M | $19.60M | $17.56M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.60% | -0.31% | 0.38% | -5.18% | 2.54% | -4.26% | 1.17% | -3.45% | -4.74% | -4.28% | 1.09% | -0.07% | -0.94% | 0.03% | 1.06% | -1.28% | -0.72% |
RingCentral's average Quarter net income forecast for Sep 20 is $22.32M, with a range of $22.24M to $22.39M. RNG's average Quarter net income forecast represents a 4285.07% increase compared to the company's last Quarter net income of $509.00K (Jun 20).
RingCentral 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 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 6 | 12 | 24 | 21 | 12 | 11 | 16 | 11 | 16 | 13 | 12 | 13 | 12 | 21 | 3 | 3 | 3 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $357.92M | $339.67M | $342.30M | $350.55M | $334.18M | $339.95M | $325.45M | $328.96M | $303.19M | $271.57M | $234.71M | $215.49M | $202.50M | $187.16M | $178.65M | $167.70M | $149.02M |
| Avg Forecast | $466.88M | $459.25M | $453.55M | $448.39M | $443.48M | $433.19M | $425.11M | $418.86M | $409.98M | $400.80M | $390.31M | $335.88M | $379.69M | $369.72M | $356.89M | $305.35M | $350.95M | $231.76M | $318.95M | $277.59M | $290.07M | $261.87M | $238.88M | $215.93M | $211.37M | $191.23M | $175.59M | $168.72M | $159.40M | $147.33M |
| High Forecast | $468.51M | $460.85M | $455.13M | $449.95M | $445.03M | $434.70M | $426.59M | $420.32M | $411.41M | $401.35M | $391.67M | $403.06M | $381.46M | $370.82M | $358.14M | $366.42M | $352.18M | $278.12M | $319.70M | $333.11M | $290.75M | $262.48M | $239.45M | $259.12M | $211.87M | $191.68M | $176.00M | $202.47M | $159.77M | $147.68M |
| Low Forecast | $465.62M | $458.00M | $452.32M | $447.18M | $442.28M | $432.01M | $423.96M | $417.73M | $408.87M | $399.87M | $389.25M | $268.71M | $378.19M | $368.28M | $355.93M | $244.28M | $350.00M | $185.41M | $318.13M | $222.07M | $289.32M | $261.19M | $238.27M | $172.75M | $210.83M | $190.73M | $175.13M | $134.98M | $158.98M | $146.95M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.95% | 1.12% | 1.00% | 1.44% | 1.07% | 1.17% | 1.13% | 1.16% | 1.14% | 1.09% | 1.02% | 1.06% | 1.07% | 1.06% | 1.05% | 1.01% |
RingCentral's average Quarter SG&A projection for Dec 23 is $379.69M, based on 12 Wall Street analysts, with a range of $378.19M to $381.46M. The forecast indicates a 6.08% rise compared to RNG last annual SG&A of $357.92M (Sep 23).
RingCentral 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 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 6 | 12 | 24 | 21 | 12 | 11 | 16 | 11 | 16 | 13 | 12 | 13 | 12 | 21 | 3 | 3 | 3 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.45 | $-0.23 | $-0.57 | $-2.97 | $-2.98 | $-1.68 | $-1.60 | $-1.27 | $-1.60 | $-1.22 | $-0.00 | $-0.02 | $-0.24 | $0.01 | $-0.70 | $-0.30 | $-0.15 |
| Avg Forecast | $1.18 | $1.17 | $1.13 | $1.11 | $1.10 | $1.05 | $1.02 | $0.99 | $0.95 | $0.92 | $0.88 | $0.80 | $0.82 | $0.76 | $0.75 | $0.69 | $0.59 | $0.50 | $0.40 | $0.34 | $0.37 | $0.33 | $0.28 | $0.25 | $0.27 | $0.24 | $0.20 | $0.18 | $0.21 | $0.19 |
| High Forecast | $1.19 | $1.17 | $1.14 | $1.12 | $1.10 | $1.05 | $1.02 | $1.00 | $0.96 | $0.93 | $0.88 | $0.80 | $0.85 | $0.80 | $0.75 | $0.70 | $0.59 | $0.51 | $0.41 | $0.34 | $0.37 | $0.34 | $0.28 | $0.25 | $0.27 | $0.24 | $0.20 | $0.18 | $0.21 | $0.19 |
| Low Forecast | $1.18 | $1.16 | $1.13 | $1.11 | $1.09 | $1.05 | $1.02 | $0.99 | $0.95 | $0.91 | $0.87 | $0.80 | $0.78 | $0.72 | $0.75 | $0.69 | $0.59 | $0.50 | $0.40 | $0.34 | $0.37 | $0.33 | $0.28 | $0.25 | $0.27 | $0.24 | $0.20 | $0.18 | $0.21 | $0.19 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.59% | -0.31% | -0.82% | -5.03% | -5.91% | -4.16% | -4.68% | -3.43% | -4.79% | -4.37% | -0.01% | -0.07% | -1.00% | 0.03% | -3.83% | -1.41% | -0.79% |
According to 3 Wall Street analysts, RingCentral's projected average Quarter EPS for Sep 20 is $0.24, with a low estimate of $0.24 and a high estimate of $0.24. This represents a 4072.73% increase compared to RNG previous annual EPS of $0.01 (Jun 20).
RingCentral Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LPSN | LivePerson | $1.08 | $8.20 | 659.26% | Hold |
| RNG | RingCentral | $29.38 | $113.35 | 285.81% | Buy |
| AI | C3.ai | $23.00 | $70.50 | 206.52% | Buy |
| ZI | ZoomInfo | $10.62 | $28.20 | 165.54% | Buy |
| DOMO | Domo | $7.34 | $16.09 | 119.21% | Hold |
| SNOW | Snowflake | $113.67 | $206.83 | 81.96% | Buy |
| ESTC | Elastic | $75.24 | $131.22 | 74.40% | Buy |
| ZM | Zoom Video Communications | $67.59 | $111.77 | 65.36% | Hold |
| CXM | Sprinklr | $7.94 | $11.13 | 40.18% | Buy |
| DDOG | Datadog | $109.26 | $138.49 | 26.75% | Buy |
| HUBS | HubSpot | $491.17 | $595.44 | 21.23% | Buy |
| GTLB | GitLab | $54.49 | $63.20 | 15.98% | Buy |
| ADSK | Autodesk | $263.96 | $283.41 | 7.37% | Buy |
| WDAY | Workday | $250.05 | $264.91 | 5.94% | Buy |
| MNDY | monday | $255.73 | $269.92 | 5.55% | Buy |
| INTU | Intuit | $655.31 | $689.00 | 5.14% | Buy |
| NOW | ServiceNow | $878.95 | $728.75 | -17.09% | Buy |
RNG Forecast FAQ
Is RingCentral a good buy?
Yes, according to 14 Wall Street analysts, RingCentral (RNG) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 9 'Buy' recommendations, accounting for 71.43% of RNG's total ratings.
What is RNG's price target?
RingCentral (RNG) average price target is $113.35 with a range of $31 to $300, implying a 285.81% from its last price of $29.38. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will RingCentral stock go up soon?
According to Wall Street analysts' prediction for RNG stock, the company can go up by 285.81% (from the last price of $29.38 to the average price target of $113.35), up by 921.10% based on the highest stock price target, and up by 5.51% based on the lowest stock price target.
Can RingCentral stock reach $40?
RNG's average twelve months analyst stock price target of $113.35 supports the claim that RingCentral can reach $40 in the near future.
What are RingCentral's analysts' financial forecasts?
RingCentral's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.59B (high $2.59B, low $2.58B), average EBITDA is $-110M (high $-110M, low $-111M), average net income is $385.73M (high $387.48M, low $384.37M), average SG&A $1.72B (high $1.73B, low $1.72B), and average EPS is $4.16 (high $4.18, low $4.14). RNG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.75B (high $2.76B, low $2.74B), average EBITDA is $-117M (high $-117M, low $-118M), average net income is $425.82M (high $427.75M, low $424.33M), average SG&A $1.83B (high $1.83B, low $1.82B), and average EPS is $4.59 (high $4.61, low $4.58).
Did the RNG's actual financial results beat the analysts' financial forecasts?
Based on RingCentral's last annual report (Dec 2022), the company's revenue was $1.99B, beating the average analysts forecast of $1.97B by 1.06%. Apple's EBITDA was $-339M, beating the average prediction of $-196M by 72.59%. The company's net income was $-879M, beating the average estimation of $-149M by 491.27%. Apple's SG&A was $1.35B, beating the average forecast of $1.18B by 14.49%. Lastly, the company's EPS was $-9.23, missing the average prediction of $1.84 by -601.27%. In terms of the last quarterly report (Sep 2023), RingCentral's revenue was $558.16M, beating the average analysts' forecast of $555.46M by 0.49%. The company's EBITDA was $-54.175M, beating the average prediction of $-23.732M by 128.27%. RingCentral's net income was $-42.116M, missing the average estimation of $70.44M by -159.79%. The company's SG&A was $357.92M, missing the average forecast of $369.72M by -3.19%. Lastly, the company's EPS was $-0.45, missing the average prediction of $0.76 by -159.25%