30.29
0.79%
-0.24
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%
RingCentral Inc. Stock (RNG) Company Profile
Name
RingCentral Inc.
Sector
Industry
Phone
650-472-4100
Address
20 Davis Drive, Belmont, CA
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) Latest News
Why RingCentral (RNG) is a Top Value Stock for the Long-Term
Zacks Investment Research
Ringcentral (RNG) Aids Communication With Giant's Partnership
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Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick
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Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio
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Here's Why RingCentral (RNG) is a Strong Momentum Stock
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Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
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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.
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.
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.
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.
About RingCentral Inc.
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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