Symbols / RNG Stock $41.87 -6.16% RingCentral, Inc.

Technology • Software - Application • United States • NYQ
RNG (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: SMA 50: SMA 200:
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Software - Application
CEO Mr. Vladimir G. Shmunis
Exch · Country NYQ · United States
Market Cap 3.51B
Enterprise Value 4.86B
Income 84.34M
Sales 2.55B
FCF (ttm) 661.78M
Book/sh -6.90
Cash/sh 1.38
Employees 7,378
Insider 10d
IPO Sep 27, 2013
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 7.98%
P/E 44.54
Forward P/E 7.78
PEG 0.28
P/S 1.38
P/B -6.07
P/C
EV/EBITDA 12.32
EV/Sales 1.91
Quick Ratio 0.75
Current Ratio 1.15
Debt/Eq
LT Debt/Eq
EPS (ttm) 0.94
EPS next Y 5.38
EPS Growth
Revenue Growth 5.30%
EPS Gr Q/Q
Rev Gr Q/Q
Earnings (next) 2026-08-04
Earnings (prior) 2026-05-07
ROA 6.96%
ROE
ROIC
Gross Margin 71.61%
Oper. Margin 8.57%
Profit Margin 3.31%
Shs Outstand 74.08M
Shs Float 73.87M
Insider Own 0.94%
Instit Own 112.95%
Short Float 14.98%
Short Ratio 5.07
Short Interest 7.83M
52W High 48.57
vs 52W High -13.79%
52W Low 23.59
vs 52W Low 77.49%
Beta 1.13
Impl. Vol. 77.39%
Rel Volume 0.65
Avg Volume 2.31M
Volume 1.50M
Target (mean) $44.20
Tgt Median $45.00
Tgt Low $29.00
Tgt High $55.00
# Analysts 15
Recom Buy
Prev Close $44.62
Price $41.87
Change -6.16%
About

RingCentral, Inc., an agentic voice AI–powered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging. The company's products include RingEX, a AI-powered unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that delivers AI-powered omni-channel and workforce engagement solutions; RingCentral Customer Engagement Bundle, a comprehensive solution that includes phone, messaging, and SMS for businesses; and RingCX, a contact center as a service solution for AI-powered customer engagement with CRM integrations. It also offers artificial intelligence (AI) solutions, such as AI Receptionist, a voice AI agent that automates and handles inbound communication; AI Virtual Assistant, which provides real time call and meeting summaries, capturing key points, open questions and action items; AI-based Quality Management, an automated conversation evaluation platform to identify compliance risks, coaching opportunities, and performance insights; AI Agent Assist, a real-time AI guidance for agents; AI Supervisor Assist, a real-time AI insights and recommendations for supervisors; and RingCentral Events, a virtual and hybrid events platform for multi-session conferences, branded experiences, registration, and attendee networking with AI-powered engagement tools. It serves a range of industries, including healthcare, financial and professional services, retail, state and local government, education, legal services, real estate, technology, insurance, construction and hospitality, and others. The company sells its products to enterprise customers, and small and medium-sized businesses through resellers and distributors, partners, and global service providers. RingCentral, Inc. was incorporated in 1999 and is headquartered in Belmont, California.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$41.87
Low
$29.00
High
$55.00
Mean
$44.20

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-11 main Morgan Stanley Equal-Weight → Equal-Weight $40
2026-05-08 main Wells Fargo Equal-Weight → Equal-Weight $43
2026-05-08 main Rosenblatt Buy → Buy $50
2026-03-13 main Needham Buy → Buy $55
2026-02-23 main Baird Neutral → Neutral $34
2026-02-23 main Piper Sandler Neutral → Neutral $37
2026-02-20 main Mizuho Neutral → Neutral $32
2026-02-20 main Rosenblatt Buy → Buy $38
2026-01-15 main Morgan Stanley Equal-Weight → Equal-Weight $30
2025-11-06 main Rosenblatt Buy → Buy $32
2025-11-04 main Morgan Stanley Equal-Weight → Equal-Weight $31
2025-11-04 main Rosenblatt Buy → Buy $32
2025-10-01 init Wells Fargo — → Equal-Weight $32
2025-08-06 main Jefferies Hold → Hold $29
2025-08-06 main UBS Neutral → Neutral $32
2025-08-06 up Oppenheimer Perform → Outperform $35
2025-06-06 init Keybanc — → Sector Weight
2025-05-19 main Rosenblatt Buy → Buy $32
2025-05-12 main Mizuho Neutral → Neutral $27
2025-05-09 main UBS Neutral → Neutral $33
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-27 MAKAGON KIRA President 5,870 $40.14 $236,364
2026-04-21 ARORA TARUN Officer 953 $43.00 $40,979
2026-04-02 SHENKAN AMY GUGGENHEIM Director 1,264 $37.92 $47,937
2026-04-02 THEIS ROBERT I Director 2,529 $37.85 $95,820
2026-03-27 MAKAGON KIRA President 50,710 $35.65 $1,815,295
2026-03-10 ARORA TARUN Officer 8,840 $40.68 $359,655
2026-03-03 ARORA TARUN Officer 3,723 $35.44 $134,563
2026-03-02 SHENKAN AMY GUGGENHEIM Director 3,514 $36.10 $126,916
2026-03-02 AGARWAL VAIBHAV Chief Financial Officer 18,680 $36.33 $678,607
2026-02-27 MAKAGON KIRA President 22,196 $35.15 $780,279
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
2,515.14
+4.78%
2,400.39
+8.99%
2,202.43
+10.77%
1,988.33
Operating Revenue
2,426.88
+5.65%
2,297.19
+9.37%
2,100.33
+11.26%
1,887.76
Cost Of Revenue
723.23
+2.51%
705.51
+6.20%
664.29
+3.52%
641.73
Reconciled Cost Of Revenue
723.23
+2.51%
705.51
+6.20%
664.29
+3.52%
641.73
Gross Profit
1,791.91
+5.72%
1,694.89
+10.19%
1,538.14
+14.22%
1,346.60
Operating Expense
1,671.36
-1.23%
1,692.22
-2.58%
1,736.95
+1.43%
1,712.38
Research And Development
316.99
-3.74%
329.32
-1.94%
335.85
-7.29%
362.26
Selling General And Administration
1,354.37
-0.63%
1,362.89
-2.73%
1,401.10
+3.78%
1,350.13
Selling And Marketing Expense
1,095.95
-0.05%
1,096.45
+2.66%
1,068.05
+1.02%
1,057.23
General And Administrative Expense
258.42
-3.01%
266.45
-20.00%
333.05
+13.71%
292.90
Other Gand A
258.42
-3.01%
266.45
-20.00%
333.05
+13.71%
292.90
Total Expenses
2,394.59
-0.13%
2,397.72
-0.15%
2,401.24
+2.00%
2,354.12
Operating Income
120.55
+4415.02%
2.67
+101.34%
-198.81
+45.65%
-365.79
Total Operating Income As Reported
120.55
+4415.02%
2.67
+101.34%
-198.81
+69.39%
-649.48
EBITDA
339.12
+41.08%
240.38
+112.55%
113.09
+118.16%
-622.68
Normalized EBITDA
339.12
+41.08%
240.38
+112.55%
113.09
+133.36%
-339.00
Reconciled Depreciation
222.60
0.00%
222.61
-4.84%
233.94
-5.12%
246.56
EBIT
116.52
+555.69%
17.77
+114.70%
-120.85
+86.10%
-869.25
Total Unusual Items
0.00
0.00
+100.00%
-283.69
Total Unusual Items Excluding Goodwill
0.00
0.00
+100.00%
-283.69
Special Income Charges
0.00
0.00
+100.00%
-283.69
Write Off
0.00
0.00
-100.00%
283.69
Net Income
43.39
+174.44%
-58.29
+64.73%
-165.24
+81.20%
-879.17
Pretax Income
56.24
+219.08%
-47.23
+69.89%
-156.84
+82.06%
-874.05
Net Non Operating Interest Income Expense
-60.28
+7.26%
-65.00
-80.56%
-36.00
-648.85%
-4.81
Interest Expense Non Operating
60.28
-7.26%
65.00
+80.56%
36.00
+648.85%
4.81
Net Interest Income
-60.28
+7.26%
-65.00
-80.56%
-36.00
-648.85%
-4.81
Interest Expense
60.28
-7.26%
65.00
+80.56%
36.00
+648.85%
4.81
Other Income Expense
-4.04
-126.72%
15.10
-80.63%
77.96
+115.49%
-503.46
Other Non Operating Income Expenses
-4.04
-126.72%
15.10
-80.63%
77.96
+135.47%
-219.77
Tax Provision
12.85
+16.12%
11.06
+31.78%
8.39
+64.19%
5.11
Tax Rate For Calcs
0.00
+8.81%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
+100.00%
-59.57
Net Income Including Noncontrolling Interests
43.39
+174.44%
-58.29
+64.73%
-165.24
+81.20%
-879.17
Net Income From Continuing Operation Net Minority Interest
43.39
+174.44%
-58.29
+64.73%
-165.24
+81.20%
-879.17
Net Income From Continuing And Discontinued Operation
43.39
+174.44%
-58.29
+64.73%
-165.24
+81.20%
-879.17
Net Income Continuous Operations
43.39
+174.44%
-58.29
+64.73%
-165.24
+81.20%
-879.17
Normalized Income
43.39
+174.44%
-58.29
+64.73%
-165.24
+74.77%
-655.05
Net Income Common Stockholders
43.39
+174.44%
-58.29
+64.73%
-165.24
+81.20%
-879.17
Diluted EPS
0.48
+176.19%
-0.63
+63.79%
-1.74
+81.15%
-9.23
Basic EPS
0.48
+176.19%
-0.63
+63.79%
-1.74
+81.15%
-9.23
Basic Average Shares
89.48
-2.85%
92.11
-2.95%
94.91
-0.34%
95.24
Diluted Average Shares
91.21
-0.97%
92.11
-2.95%
94.91
-0.34%
95.24
Diluted NI Availto Com Stockholders
43.39
+174.44%
-58.29
+64.73%
-165.24
+81.20%
-879.17
Line Item Trend 2023-12-31
Total Assets
1,944.91
Current Assets
848.65
Cash Cash Equivalents And Short Term Investments
222.19
Cash And Cash Equivalents
222.19
Cash Equivalents
108.46
Cash Financial
113.73
Receivables
364.44
Accounts Receivable
280.54
Receivables Adjustments Allowances
-12.47
Other Receivables
96.37
Inventory
1.49
Prepaid Assets
32.44
Current Deferred Assets
184.62
Other Current Assets
43.46
Total Non Current Assets
1,096.26
Net PPE
227.38
Gross PPE
560.77
Accumulated Depreciation
-333.39
Properties
0.00
Machinery Furniture Equipment
247.77
Construction In Progress
255.65
Other Properties
42.99
Leases
14.37
Goodwill And Other Intangible Assets
461.14
Goodwill
67.37
Other Intangible Assets
393.77
Investments And Advances
Non Current Deferred Assets
395.72
Other Non Current Assets
12.02
Total Liabilities Net Minority Interest
2,447.48
Current Liabilities
632.55
Payables And Accrued Expenses
299.21
Payables
97.09
Accounts Payable
53.30
Current Accrued Expenses
202.12
Pensionand Other Post Retirement Benefit Plans Current
63.01
Total Tax Payable
43.80
Current Debt And Capital Lease Obligation
36.71
Current Debt
20.00
Other Current Borrowings
20.00
Current Capital Lease Obligation
16.71
Current Deferred Liabilities
233.62
Current Deferred Revenue
233.62
Total Non Current Liabilities Net Minority Interest
1,814.94
Long Term Debt And Capital Lease Obligation
1,553.66
Long Term Debt
1,525.48
Long Term Capital Lease Obligation
28.18
Other Non Current Liabilities
61.83
Preferred Securities Outside Stock Equity
199.45
Stockholders Equity
-502.57
Common Stock Equity
-502.57
Capital Stock
0.01
Common Stock
0.01
Share Issued
93.47
Ordinary Shares Number
93.47
Treasury Shares Number
0.00
Additional Paid In Capital
1,204.78
Retained Earnings
-1,699.14
Gains Losses Not Affecting Retained Earnings
-8.22
Other Equity Adjustments
-8.22
Total Equity Gross Minority Interest
-502.57
Total Capitalization
1,022.91
Working Capital
216.10
Invested Capital
1,042.91
Total Debt
1,590.37
Net Debt
1,323.29
Capital Lease Obligations
44.88
Net Tangible Assets
-963.71
Tangible Book Value
-963.71
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
617.43
+27.76%
483.28
+20.92%
399.66
+108.91%
191.31
Cash Flow From Continuing Operating Activities
617.43
+27.76%
483.28
+20.92%
399.66
+108.91%
191.31
Net Income From Continuing Operations
43.39
+174.44%
-58.29
+64.73%
-165.24
+81.20%
-879.17
Depreciation Amortization Depletion
222.60
0.00%
222.61
-4.84%
233.94
-5.12%
246.56
Depreciation And Amortization
222.60
0.00%
222.61
-4.84%
233.94
-5.12%
246.56
Other Non Cash Items
169.91
+7.27%
158.40
+9.86%
144.19
+16.30%
123.98
Stock Based Compensation
269.66
-20.47%
339.06
-20.54%
426.68
+10.54%
386.01
Provisionand Write Offof Assets
17.47
+101.57%
8.67
+26.49%
6.85
-26.85%
9.37
Asset Impairment Charge
11.44
0.00
0.00
-100.00%
305.35
Operating Gains Losses
29.79
+43.74%
20.72
+162.93%
-32.93
-265.42%
19.91
Unrealized Gain Loss On Investment Securities
0.00
0.00
-100.00%
1.51
-99.26%
203.48
Gain Loss On Sale Of PPE
24.80
+19.67%
20.72
+1.24%
20.47
+2.82%
19.91
Change In Working Capital
-146.83
+29.37%
-207.89
+3.46%
-215.33
+3.95%
-224.19
Change In Receivables
-13.81
+54.68%
-30.48
+47.28%
-57.82
+34.18%
-87.84
Changes In Account Receivables
-13.81
+54.68%
-30.48
+47.28%
-57.82
+34.18%
-87.84
Change In Prepaid Assets
-18.96
-195.72%
19.81
+36.70%
14.49
+280.17%
3.81
Change In Payables And Accrued Expense
14.56
+121.66%
-67.23
-455.04%
-12.11
-114.54%
83.31
Change In Accrued Expense
10.46
+127.95%
-37.43
-511.31%
9.10
-89.83%
89.47
Change In Payable
4.10
+113.76%
-29.79
-40.45%
-21.21
-244.03%
-6.17
Change In Account Payable
4.10
+113.76%
-29.79
-40.45%
-21.21
-244.03%
-6.17
Change In Other Working Capital
-104.82
+5.69%
-111.14
+20.08%
-139.05
+31.36%
-202.59
Change In Other Current Liabilities
-23.80
-26.20%
-18.86
+9.51%
-20.84
+0.14%
-20.87
Investing Cash Flow
-107.97
+1.27%
-109.36
-20.91%
-90.45
-3.71%
-87.21
Cash Flow From Continuing Investing Activities
-107.97
+1.27%
-109.36
-20.91%
-90.45
-3.71%
-87.21
Net PPE Purchase And Sale
-30.10
-20.44%
-24.99
-6.30%
-23.51
+28.12%
-32.71
Purchase Of PPE
-30.10
-20.44%
-24.99
-6.30%
-23.51
+28.12%
-32.71
Capital Expenditure
-87.21
-4.99%
-83.07
-9.68%
-75.74
+16.25%
-90.43
Capital Expenditure Reported
-57.11
-2.84%
-55.53
-6.33%
-52.23
+2.80%
-53.73
Net Investment Purchase And Sale
0.00
0.00
-100.00%
3.22
Purchase Of Investment
Sale Of Investment
0.00
0.00
-100.00%
3.22
Net Business Purchase And Sale
-20.75
+21.06%
-26.29
-78.74%
-14.71
0.00
Purchase Of Business
-20.75
+21.06%
-26.29
-78.74%
-14.71
0.00
Net Intangibles Purchase And Sale
0.00
+100.00%
-2.54
0.00
+100.00%
-3.99
Purchase Of Intangibles
0.00
+100.00%
-2.54
0.00
+100.00%
-3.99
Financing Cash Flow
-623.42
-77.57%
-351.08
+1.94%
-358.02
-264.51%
-98.22
Cash Flow From Continuing Financing Activities
-623.42
-77.57%
-351.08
+1.94%
-358.02
-264.51%
-98.22
Net Issuance Payments Of Debt
-282.98
-1314.90%
-20.00
+55.76%
-45.21
0.00
Issuance Of Debt
0.00
0.00
-100.00%
785.75
0.00
Repayment Of Debt
-282.98
-1314.90%
-20.00
+97.59%
-830.96
0.00
Long Term Debt Issuance
0.00
0.00
-100.00%
785.75
0.00
Long Term Debt Payments
-282.98
-1314.90%
-20.00
+97.59%
-830.96
0.00
Net Long Term Debt Issuance
-282.98
-1314.90%
-20.00
+55.76%
-45.21
0.00
Short Term Debt Payments
-10.00
0.00
Net Short Term Debt Issuance
-10.00
0.00
Net Common Stock Issuance
-334.45
-3.75%
-322.36
-3.62%
-311.09
-211.73%
-99.79
Common Stock Payments
-334.45
-3.75%
-322.36
-3.62%
-311.09
-211.73%
-99.79
Repurchase Of Capital Stock
-334.45
-3.75%
-322.36
-3.62%
-311.09
-211.73%
-99.79
Proceeds From Stock Option Exercised
14.72
-11.83%
16.69
+0.04%
16.69
+5.25%
15.86
Net Other Financing Charges
-20.71
+18.51%
-25.42
-38.10%
-18.41
-28.89%
-14.28
Changes In Cash
-113.96
-599.04%
22.84
+146.79%
-48.80
-930.44%
5.88
Effect Of Exchange Rate Changes
3.71
+267.30%
-2.22
-318.50%
1.02
+133.26%
-3.06
Beginning Cash Position
242.81
+9.28%
222.19
-17.70%
269.98
+1.06%
267.16
End Cash Position
132.56
-45.40%
242.81
+9.28%
222.19
-17.70%
269.98
Free Cash Flow
530.21
+32.48%
400.21
+23.55%
323.92
+221.12%
100.87
Interest Paid Supplemental Data
54.02
-8.51%
59.05
+255.07%
16.63
+4692.22%
0.35
Income Tax Paid Supplemental Data
12.44
-29.95%
17.75
+62.27%
10.94
+193.61%
3.73
Issuance Of Capital Stock
0.00
Net Preferred Stock Issuance
0.00
Preferred Stock Issuance
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category