
RingCentral (RNG) Stock Forecast & Price Target
RingCentral (RNG) Analyst Ratings
Bulls say
RingCentral is expected to continue its strong performance with its successful AI Virtual Assistant and Customer Engagement Bundle, along with investments in AI and reducing debt. The company aims to maintain its position as a leader in cloud communications, with a target to reduce SBC and achieve a 20% GAAP operating margin within the next 3-4 years. A Buy rating and PT of $37.50 is supported by estimated revenue growth of 4.6% by 2026 and potential for strategic acquisitions.
Bears say
RingCentral is experiencing strong adoption of AI solutions, with AI products accounting for 10% of its total ARR and demonstrating increased customer stickiness. However, intense competition in the cloud communications market, particularly from dominant players like Microsoft, Zoom, and Cisco, poses a risk for RingCentral's pricing power and customer retention. Additionally, while the company's cost discipline has improved its non-GAAP operating margin, its gross margin fell short of expectations.
This aggregate rating is based on analysts' research of RingCentral and is not a guaranteed prediction by Public.com or investment advice.
RingCentral (RNG) Analyst Forecast & Price Prediction
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