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Ribbon Comms

RBBNNASDAQ
Logo brought to you by Benzinga Data
$3.90
00.00%
At close: -
$3.90
00.00%
After Hours: Nov 22, 4:00 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$6.50
Lowest Price Target1
$5.00
Consensus Price Target1
$5.80

Ribbon Comms (NASDAQ:RBBN) Stock, Analyst Ratings, Price Targets, Forecasts

Ribbon Communications Inc has a consensus price target of $5.8 based on the ratings of 5 analysts. The high is $6.5 issued by B. Riley Securities on April 25, 2024. The low is $5 issued by Rosenblatt on September 25, 2024. The 3 most-recent analyst ratings were released by Rosenblatt on September 25, 2024, July 25, 2024, and July 11, 2024, respectively. With an average price target of $5 between Rosenblatt, there's an implied 28.21% upside for Ribbon Communications Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Jul
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Rosenblatt
B. Riley Securities
JMP Securities
Craig-Hallum
WestPark Capital

1calculated from analyst ratings

Analyst Ratings for Ribbon Comms

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FAQ

Q

What is the target price for Ribbon Comms (RBBN) stock?

A

The latest price target for Ribbon Comms (NASDAQ:RBBN) was reported by Rosenblatt on September 25, 2024. The analyst firm set a price target for $5.00 expecting RBBN to rise to within 12 months (a possible 28.21% upside). 4 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Ribbon Comms (RBBN)?

A

The latest analyst rating for Ribbon Comms (NASDAQ:RBBN) was provided by Rosenblatt, and Ribbon Comms maintained their buy rating.

Q

When was the last upgrade for Ribbon Comms (RBBN)?

A

The last upgrade for Ribbon Communications Inc happened on January 23, 2023 when WestPark Capital raised their price target to $6. WestPark Capital previously had a hold for Ribbon Communications Inc.

Q

When was the last downgrade for Ribbon Comms (RBBN)?

A

There is no last downgrade for Ribbon Comms.

Q

When is the next analyst rating going to be posted or updated for Ribbon Comms (RBBN)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ribbon Comms, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ribbon Comms was filed on September 25, 2024 so you should expect the next rating to be made available sometime around September 25, 2025.

Q

Is the Analyst Rating Ribbon Comms (RBBN) correct?

A

While ratings are subjective and will change, the latest Ribbon Comms (RBBN) rating was a maintained with a price target of $5.00 to $5.00. The current price Ribbon Comms (RBBN) is trading at is $3.90, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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