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Ringcentral (RNG)

(Delayed Data from NYSE)

$28.65 USD

28.65
1,993,007

-0.37 (-1.27%)

Updated Jun 14, 2024 04:00 PM ET

After-Market: $28.67 +0.02 (0.07%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value A Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 6% (16 out of 250)

Industry: Internet - Software and Services

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Zacks News

Wall Street Analysts See a 56.75% Upside in RingCentral (RNG): Can the Stock Really Move This High?

by Zacks Equity Research

The consensus price target hints at a 56.8% upside potential for RingCentral (RNG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

NVIDIA's (NVDA) Q4 Earnings to be Hurt by Weak Chip Demand

by Zacks Equity Research

NVIDIA's (NVDA) overall financial performance in the fourth quarter of fiscal 2023 is likely to have been hurt by the weakening demand for chips used in the gaming end market.

RingCentral (RNG) Q4 Earnings Top Estimates, Revenues Up Y/Y

by Zacks Equity Research

RingCentral's (RNG) Q4 results benefit from strong subscription revenue growth, driven by expanding clientele.

Twilio (TWLO) Jumps 12% on Q4 Earnings Beat, Strong Guidance

by Zacks Equity Research

Twilio's (TWLO) Q4 performance reflects the benefits of the constant expansion of its international business and the continuous acceleration of digital transformation projects across several industries.

Sabre (SABR) Plunges 19% on Wider-Than-Expected Q4 Loss

by Zacks Equity Research

Sabre's (SABR) lower-than-expected Q4 top-line performance raises concerns for the slow post-pandemic recovery of the travel technology company.

RingCentral (RNG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

by Zacks Equity Research

The headline numbers for RingCentral (RNG) give insight into how the company performed in the quarter ended December 2022, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

RingCentral (RNG) Tops Q4 Earnings Estimates

by Zacks Equity Research

RingCentral (RNG) delivered earnings and revenue surprises of 1.69% and 0.69%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Sabre (SABR) Renews Multi-Year Deal With JetBlue Airways

by Zacks Equity Research

The latest renewed multi-year agreement with JetBlue Airways depicts the growing trust in Sabre's (SABR) PSS and GDS solutions by leading air carriers.

Perion (PERI) Q4 Earnings Beat Estimates, Revenues Up Y/Y

by Zacks Equity Research

Perion's (PERI) fourth-quarter 2022 results reflect benefits of overwhelming Display and Search Advertising revenues.

Digital Turbine (APPS) Q3 Earnings Lag, Revenues Fall Y/Y

by Zacks Equity Research

Digital Turbine (APPS) third-quarter 2023 results reflect challenging macroeconomic conditions.

Skyworks' (SWKS) Q1 Earnings Meet Estimates, Revenues Down Y/Y

by Zacks Equity Research

Skyworks' (SWKS) first-quarter fiscal 2023 results reflect strong automotive, infrastructure, and industrial end-markets as well as the continued global shift to WiFi 6E and 7.

onsemi's (ON) Q4 Earnings Beat Estimates, Revenues Up Y/Y

by Zacks Equity Research

onsemi's (ON) fourth-quarter 2022 performance reflects strong demand for intelligent and sensing products across automotive and industrial end markets.

Microchip (MCHP) Q3 Earnings Top Estimates, Sales Rise Y/Y

by Zacks Equity Research

Microchip's (MCHP) third-quarter fiscal 2023 results reflect continued momentum in the microcontroller business despite the weaker business environment in China.

Wall Street Analysts Think RingCentral (RNG) Could Surge 25.57%: Read This Before Placing a Bet

by Zacks Equity Research

The average of price targets set by Wall Street analysts indicates a potential upside of 25.6% in RingCentral (RNG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Cognizant (CTSH) Q4 Earnings Meet Estimates, Revenues Rise Y/Y

by Zacks Equity Research

Cognizant's (CTSH) fourth-quarter 2022 results benefit from strong digital revenues and acquisitions amid a challenging macro environment.

Apple (AAPL) Q1 Earnings Miss Estimates, Revenues Decline Y/Y

by Zacks Equity Research

Apple's (AAPL) first-quarter fiscal 2023 results reflect the supply shortage of iPhone 14 Pro and iPhone 14 Pro Max in November and through December, and a significant forex headwind.

Meta Platforms (META) Q4 Earnings Beat, Revenues Dip Y/Y

by Zacks Equity Research

Meta Platforms' (META) fourth-quarter 2022 performance suffers from lower ad spending, challenging macroeconomic conditions, adverse forex and stiff competition.

Is MongoDB (MDB) Stock Outpacing Its Computer and Technology Peers This Year?

by Zacks Equity Research

Here is how MongoDB (MDB) and RingCentral (RNG) have performed compared to their sector so far this year.

SNAP's Q4 Earnings Decline Y/Y, Revenues Miss Estimates

by Zacks Equity Research

Snap's (SNAP) fourth-quarter 2022 results reflect steady user growth and an increase in Snapchat+ popularity amid dullness in advertising demand.

AMD Q4 Earnings Beat, Data Center Growth Aids Top Line

by Zacks Equity Research

Advanced Micro Devices' (AMD) fourth-quarter 2022 results benefit from strong EPYC processor sales, as well as robust revenue growth in the Embedded segment.

MSCI Q4 Earnings Beat Estimates, Recurring Subscriptions Up

by Zacks Equity Research

MSCI's fourth-quarter 2022 results benefit from strong growth in recurring subscription revenues.

Wolfspeed (WOLF) Q2 Loss Narrows, Revenues Increase Y/Y

by Zacks Equity Research

Wolfspeed's (WOLF) second-quarter fiscal 2022 results reflect strong top-line growth, partially offset by contracting gross margin.

ServiceNow (NOW) Q4 Earnings Beat Estimates, Revenues Up Y/Y

by Zacks Equity Research

ServiceNow's (NOW) fourth-quarter 2022 results reflect strong uptake of the company's digital workflow and solid subscription revenues, despite forex headwinds.

Amphenol's (APH) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

by Zacks Equity Research

Amphenol's (APH) Q4 results reflect robust growth across broadband communications, commercial air, automotive and military markets, and moderate growth in the industrial market.

Wall Street Analysts Believe RingCentral (RNG) Could Rally 58.49%: Here's is How to Trade

by Zacks Equity Research

The mean of analysts' price targets for RingCentral (RNG) points to a 58.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.