30.29
price down icon0.79%   -0.24
 
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RingCentral Inc. stock is currently priced at $30.29, with a 24-hour trading volume of 635.29K. It has seen a -0.79% decreased in the last 24 hours and a -14.58% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $30.34 pivot point. If it approaches the $29.85 support level, significant changes may occur.
Previous Close:
$30.53
Open:
$30.6
24h Volume:
635.29K
Market Cap:
$2.80B
Revenue:
$2.20B
Net Income/Loss:
$-165.24M
P/E Ratio:
-7.1777
EPS:
-4.22
Net Cash Flow:
$323.92M
1W Performance:
+1.88%
1M Performance:
-14.58%
6M Performance:
+12.23%
1Y Performance:
+6.32%
1D Range:
Value
$29.98
$30.81
52W Range:
Value
$25.07
$43.28

RingCentral Inc. Stock (RNG) Company Profile

Name
Name
RingCentral Inc.
Name
Phone
650-472-4100
Name
Address
20 Davis Drive, Belmont, CA
Name
Employee
1,352
Name
Twitter
@ringcentral
Name
Next Earnings Date
2024-05-07
Name
Latest SEC Filings
Name
RNG's Discussions on Twitter

RingCentral Inc. Stock (RNG) Upgrades & Downgrades

Date Action Analyst Rating Change
Dec-20-23 Downgrade Wells Fargo Overweight → Equal Weight
Dec-12-23 Downgrade Jefferies Buy → Hold
Oct-23-23 Downgrade Rosenblatt Buy → Neutral
Aug-08-23 Downgrade Craig Hallum Buy → Hold
Aug-08-23 Downgrade Morgan Stanley Overweight → Equal-Weight
May-26-23 Upgrade Needham Hold → Buy
May-11-23 Upgrade Credit Suisse Neutral → Outperform
May-11-23 Downgrade Goldman Buy → Neutral
Mar-24-23 Initiated Rosenblatt Buy
Mar-17-23 Downgrade Oppenheimer Outperform → Perform
Feb-16-23 Downgrade Evercore ISI Outperform → In-line
Jan-23-23 Downgrade MKM Partners Buy → Neutral
Jan-17-23 Downgrade Piper Sandler Overweight → Neutral
Dec-21-22 Downgrade Wolfe Research Outperform → Peer Perform
Dec-15-22 Initiated Wedbush Neutral
Dec-14-22 Upgrade Morgan Stanley Equal-Weight → Overweight
Oct-18-22 Downgrade BTIG Research Buy → Neutral
Sep-23-22 Initiated Credit Suisse Neutral
Sep-22-22 Initiated MoffettNathanson Buy
Sep-13-22 Initiated KeyBanc Capital Markets Overweight
Aug-04-22 Initiated MKM Partners Buy
Jul-06-22 Downgrade Needham Buy → Hold
May-16-22 Downgrade Robert W. Baird Outperform → Neutral
May-10-22 Upgrade Oppenheimer Perform → Outperform
Feb-23-22 Reiterated Craig Hallum Buy
Feb-23-22 Reiterated Deutsche Bank Buy
Feb-23-22 Reiterated Evercore ISI Outperform
Feb-23-22 Reiterated Goldman Buy
Feb-23-22 Reiterated JP Morgan Overweight
Feb-23-22 Reiterated KeyBanc Capital Markets Overweight
Feb-23-22 Reiterated Needham Buy
Feb-23-22 Reiterated Northland Capital Outperform
Feb-23-22 Reiterated Raymond James Strong Buy
Feb-23-22 Reiterated Truist Buy
Dec-16-21 Initiated Goldman Buy
Dec-16-21 Downgrade Morgan Stanley Overweight → Equal-Weight
Nov-10-21 Reiterated KeyBanc Capital Markets Overweight
Nov-10-21 Reiterated Needham Buy
Nov-10-21 Reiterated Northland Capital Outperform
Nov-10-21 Reiterated Piper Sandler Overweight
Nov-10-21 Reiterated Wells Fargo Overweight
Oct-21-21 Initiated Barclays Overweight
Oct-05-21 Resumed Summit Insights Buy
Jun-22-21 Initiated Needham Buy
May-27-21 Initiated UBS Neutral
Apr-23-21 Downgrade Oppenheimer Outperform → Perform
Apr-20-21 Resumed BofA Securities Buy
Dec-17-20 Upgrade Morgan Stanley Equal-Weight → Overweight
Oct-09-20 Initiated Mizuho Buy
Jul-24-20 Initiated Wolfe Research Outperform
Jun-01-20 Initiated KeyBanc Capital Markets Overweight
Apr-16-20 Initiated BTIG Research Buy
Apr-08-20 Initiated Evercore ISI Outperform
Feb-07-20 Reiterated Dougherty & Company Buy
Jan-28-20 Initiated Wells Fargo Overweight
Jan-27-20 Initiated Wells Fargo Overweight
Jan-23-20 Reiterated Needham Buy
Jan-21-20 Upgrade Goldman Neutral → Buy
Jan-17-20 Reiterated Oppenheimer Outperform
Dec-10-19 Initiated Piper Jaffray Overweight
Nov-05-19 Reiterated Needham Buy
Oct-07-19 Upgrade JP Morgan Neutral → Overweight
Jul-30-19 Reiterated BofA/Merrill Buy
Jul-30-19 Reiterated Needham Buy
Jun-18-19 Initiated Needham Buy
May-02-19 Reiterated BofA/Merrill Buy
Mar-12-19 Initiated Guggenheim Buy
View All

RingCentral Inc. Stock (RNG) Financials Data

RingCentral Inc. (RNG) Revenue 2024

RNG reported a revenue (TTM) of $2.20 billion for the quarter ending December 31, 2023, a +10.77% rise year-over-year.
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RingCentral Inc. (RNG) Net Income 2024

RNG net income (TTM) was -$165.24 million for the quarter ending December 31, 2023, a +81.20% increase year-over-year.
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RingCentral Inc. (RNG) Cash Flow 2024

RNG recorded a free cash flow (TTM) of $323.92 million for the quarter ending December 31, 2023, a +221.12% increase year-over-year.
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RingCentral Inc. (RNG) Earnings per Share 2024

RNG earnings per share (TTM) was -$1.75 for the quarter ending December 31, 2023, a +81.04% growth year-over-year.
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RingCentral, Inc. provides software-as-a-service solutions for business communications and collaboration primarily in the United States. The company's products include RingCentral Office, a multi-tenant, multi-location, and enterprise-grade communications and collaboration solution that enables employees to communicate through voice, text, team messaging and collaboration, and HD video and Web conferencing through smartphones, tablets, PCs, and desk phones for businesses, which require a communications solution; RingCentral Professional, an inbound call routing subscription with additional text and fax capabilities primarily for smaller businesses; and RingCentral Fax solution that offers Internet fax capabilities, which allow businesses to send and receive fax documents without the need for a fax machine. Its products also comprise RingCentral Contact Center that provides a cloud based contact center solution, which delivers omni-channel capabilities; and RingCentral Glip, a team messaging and collaboration solution that allows a range of teams to stay connected through various modes of communication through an integration with RingCentral Office. RingCentral, Inc. serves a range of industries, including financial services, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, and state and local government, as well as others. The company sells its products through a network of direct sales representatives, as well as sales agents and channel partners. RingCentral, Inc. was founded in 1999 and is headquartered in Belmont, California.
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Cap:     |  Volume (24h):