RingCentral (RNG) Stock Forecast, Price Target & Predictions


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RNG Stock Forecast


RingCentral (RNG) stock forecast, based on 37 Wall Street analysts, predicts a 12-month average price target of $37.50, with a high of $45.00 and a low of $30.00. This represents a 64.69% increase from the last price of $22.77.

$20 $25 $30 $35 $40 $45 High: $45 Avg: $37.5 Low: $30 Last Closed Price: $22.77

RNG Stock Rating


RingCentral stock's rating consensus is Buy, based on 37 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 27 Buy (72.97%), 9 Hold (24.32%), 1 Sell (2.70%), and 0 Strong Sell (0.00%).

Buy
Total 37 1 9 27 Strong Sell Sell Hold Buy Strong Buy

RNG Price Target Upside V Benchmarks


TypeNameUpside
StockRingCentral64.69%
SectorTechnology Stocks 38.00%
IdeaSaaS Stocks List37.72%

Price Target Trends


1M3M12M
# Anlaysts--6
Avg Price Target--$38.17
Last Closing Price$22.77$22.77$22.77
Upside/Downside--67.63%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 2526111-20
Mar, 2536111-21
Feb, 2535111-20
Jan, 2546111-22
Dec, 243711--21
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 07, 2025Michael TurrinWells Fargo$30.00$34.03-11.84%31.75%
Jan 03, 2025Brian PetersonRaymond James$45.00$34.7629.46%97.63%
Aug 05, 2024William PowerRobert W. Baird$36.00$35.262.10%58.10%
Aug 02, 2024Catharine TrebnickRosenblatt Securities$45.00$35.2627.62%97.63%
Jul 10, 2024James FishPiper Sandler$31.00$27.8111.47%36.14%
May 09, 2024Matthew NiknamDeutsche Bank$42.00$34.3822.16%84.45%
Feb 21, 2024Taz KoujalgiWedbush$40.00$31.4827.06%75.67%
Nov 07, 2023Siti PanigrahiMizuho Securities$40.00$29.0137.88%75.67%
Nov 07, 2023Catharine TrebnickRosenblatt Securities$35.00$29.0120.65%53.71%
Aug 08, 2023Ryan KoontzNeedham$46.00$31.8044.65%102.02%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jan 07, 2025Wells FargoOverweightUnderweightdowngrade
Jan 03, 2025Raymond JamesStrong BuyOutperformdowngrade
Sep 04, 2024Piper SandlerNeutralNeutralhold
Aug 06, 2024Deutsche BankBuyBuyhold
Jul 10, 2024Piper SandlerNeutralNeutralhold
May 09, 2024Deutsche BankBuyBuyhold
Feb 21, 2024NeedhamBuyBuyhold
Feb 21, 2024Piper SandlerNeutralNeutralhold
Dec 12, 2023JefferiesBuyHolddowngrade
Nov 07, 2023Piper SandlerNeutralNeutralhold

Financial Forecast


EPS Forecast

$-10 $-6 $-2 $2 $6 $10 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-0.94$-4.10$-9.23$-1.74$-0.63---
Avg Forecast$0.96$1.32$1.98$3.19$3.69$4.21$4.78$6.41
High Forecast$0.97$1.33$2.00$3.23$3.71$4.40$7.82$6.49
Low Forecast$0.95$1.31$1.96$3.15$3.66$3.95$2.97$6.34
Surprise %-197.92%-410.61%-566.16%-154.55%-117.07%---

Revenue Forecast

$1B $2B $2B $3B $3B $4B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$1.18B$1.59B$1.99B$2.20B$2.40B---
Avg Forecast$1.17B$1.58B$1.99B$2.20B$2.40B$2.57B$2.75B$3.84B
High Forecast$1.18B$1.59B$2.01B$2.22B$2.42B$2.59B$2.75B$3.88B
Low Forecast$1.16B$1.57B$1.98B$2.18B$2.38B$2.56B$2.75B$3.81B
Surprise %1.46%0.86%-0.13%0.04%0.09%---

Net Income Forecast

$-1B $-600M $-200M $200M $600M $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-83.00M$-376.25M$-879.17M$-165.24M$-58.29M---
Avg Forecast$-77.84M$-299.76M$-503.68M$-165.24M$349.89M$396.29M$511.80M$609.32M
High Forecast$-62.11M$-239.81M$-402.94M$-132.19M$352.26M$417.24M$742.11M$616.44M
Low Forecast$-93.57M$-359.71M$-604.41M$-198.29M$347.52M$375.33M$281.49M$602.19M
Surprise %6.62%25.52%74.55%--116.66%---

RNG Forecast FAQ


Is RingCentral stock a buy?

RingCentral stock has a consensus rating of Buy, based on 37 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 27 Buy, 9 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that RingCentral is a favorable investment for most analysts.

What is RingCentral's price target?

RingCentral's price target, set by 37 Wall Street analysts, averages $37.5 over the next 12 months. The price target range spans from $30 at the low end to $45 at the high end, suggesting a potential 64.69% change from the previous closing price of $22.77.

How does RingCentral stock forecast compare to its benchmarks?

RingCentral's stock forecast shows a 64.69% upside, outperforming the average forecast for the technology stocks sector (38.00%), leading the saas stocks list (37.72%) investment idea.

What is the breakdown of analyst ratings for RingCentral over the past three months?

  • April 2025: 10.00% Strong Buy, 30.00% Buy, 55.00% Hold, 5.00% Sell, 0% Strong Sell.
  • March 2025: 14.29% Strong Buy, 28.57% Buy, 52.38% Hold, 4.76% Sell, 0% Strong Sell.
  • February 2025: 15.00% Strong Buy, 25.00% Buy, 55.00% Hold, 5.00% Sell, 0% Strong Sell.

What is RingCentral’s EPS forecast?

RingCentral's average annual EPS forecast for its fiscal year ending in December 2025 is $4.21, marking a -768.25% decrease from the reported $-0.63 in 2024. Estimates for the following years are $4.78 in 2026, and $6.41 in 2027.

What is RingCentral’s revenue forecast?

RingCentral's average annual revenue forecast for its fiscal year ending in December 2025 is $2.57B, reflecting a 7.22% increase from the reported $2.4B in 2024. The forecast for 2026 is $2.75B, and $3.84B for 2027.

What is RingCentral’s net income forecast?

RingCentral's net income forecast for the fiscal year ending in December 2025 stands at $396.29M, representing a -779.88% decrease from the reported $-58.288M in 2024. Projections indicate $511.8M in 2026, and $609.32M in 2027.