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RingCentral

RNGNYSE
$32.15
-0.65-1.97%
Last update: 11:34 AM
15 minutes delayed
Q2 2024 Earnings in 10 days from now on Thu Aug 1st, after the market close
Consensus Rating1
Buy
Highest Price Target1
$105.00
Lowest Price Target1
$28.00
Consensus Price Target1
$46.50

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RingCentral (NYSE:RNG) Stock, Analyst Ratings, Price Targets, Forecasts

RingCentral Inc has a consensus price target of $46.5 based on the ratings of 27 analysts. The high is $105 issued by BTIG on August 3, 2022. The low is $28 issued by Wells Fargo on June 21, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Wells Fargo, and Needham on July 10, 2024, June 21, 2024, and May 20, 2024, respectively. With an average price target of $33.67 between Piper Sandler, Wells Fargo, and Needham, there's an implied 4.73% upside for RingCentral Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
5
Feb
1
Apr
6
May
1
Jun
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Wells Fargo
Needham
Wedbush
Deutsche Bank

1calculated from analyst ratings

Analyst Ratings for RingCentral

Buy NowGet Alert
07/10/2024Buy Now-3.56%Piper Sandler
James Fish
$32 → $31MaintainsNeutralGet Alert
06/21/2024Buy Now-12.89%Wells Fargo
Michael Turrin
$33 → $28MaintainsEqual-WeightGet Alert
05/20/2024Buy Now30.66%Needham
Ryan Koontz
→ $42ReiteratesBuy → BuyGet Alert
05/09/2024Buy Now24.44%Wedbush
Taz Koujalgi
→ $40ReiteratesNeutral → NeutralGet Alert
05/09/2024Buy Now30.66%Deutsche Bank
Matthew Niknam
$38 → $42MaintainsBuyGet Alert
05/09/2024Buy Now8.88%Baird
William Power
$32 → $35MaintainsNeutralGet Alert
05/08/2024Buy Now30.66%Needham
Ryan Koontz
→ $42ReiteratesBuy → BuyGet Alert
05/08/2024Buy Now-0.45%Piper Sandler
James Fish
$31 → $32MaintainsNeutralGet Alert
05/08/2024Buy Now2.66%Wells Fargo
Michael Turrin
$31 → $33MaintainsEqual-WeightGet Alert
05/08/2024Buy Now24.44%UBS
Taylor McGinnis
$37 → $40MaintainsNeutralGet Alert
05/08/2024Buy Now18.21%Mizuho
Siti Panigrahi
$36 → $38MaintainsBuyGet Alert
05/01/2024Buy Now8.88%Rosenblatt
Catharine Trebnick
$35 → $35ReiteratesNeutral → NeutralGet Alert
04/17/2024Buy Now-0.45%Morgan Stanley
Meta Marshall
$35 → $32MaintainsEqual-WeightGet Alert
02/21/2024Buy Now49.32%Keybanc
Thomas Blakey
$50 → $48MaintainsOverweightGet Alert
02/21/2024Buy Now-3.56%Wells Fargo
Michael Turrin
$36 → $31MaintainsEqual-WeightGet Alert
02/21/2024Buy Now5.77%Goldman Sachs
Kash Rangan
$38 → $34MaintainsNeutralGet Alert
02/21/2024Buy Now11.99%Mizuho
Siti Panigrahi
$40 → $36MaintainsBuyGet Alert
02/21/2024Buy Now-3.56%Piper Sandler
James Fish
$34 → $31MaintainsNeutralGet Alert
02/21/2024Buy Now24.44%Wedbush
Taz Koujalgi
→ $40ReiteratesNeutral → NeutralGet Alert
02/21/2024Buy Now30.66%Needham
Ryan Koontz
MaintainsBuyGet Alert
02/16/2024Buy Now24.44%Wedbush
Taz Koujalgi
→ $40ReiteratesNeutral → NeutralGet Alert
01/12/2024Buy Now5.77%Piper Sandler
James Fish
$32 → $34MaintainsNeutralGet Alert
12/20/2023Buy Now11.99%Wells Fargo
Michael Turrin
→ $36DowngradeOverweight → Equal-WeightGet Alert
12/12/2023Buy Now8.88%Jefferies
Samad Samana
$40 → $35DowngradeBuy → HoldGet Alert
12/04/2023Buy Now8.88%Rosenblatt
Catharine Trebnick
→ $35ReiteratesNeutral → NeutralGet Alert
11/15/2023Buy Now8.88%Rosenblatt
Catharine Trebnick
→ $35ReiteratesNeutral → NeutralGet Alert
11/07/2023Buy Now55.55%Raymond James
Brian Peterson
$60 → $50MaintainsStrong BuyGet Alert
11/07/2023Buy Now43.1%Needham
Ryan Koontz
→ $46ReiteratesBuy → BuyGet Alert
10/23/2023Buy Now8.88%Rosenblatt
Catharine Trebnick
$52 → $35DowngradeBuy → NeutralGet Alert
10/19/2023Buy Now18.21%Morgan Stanley
Meta Marshall
$42 → $38MaintainsEqual-WeightGet Alert
08/29/2023Buy Now33.77%Northland Capital Markets
Michael Latimore
$47 → $43MaintainsOutperformGet Alert
08/09/2023Buy Now39.99%Barclays
Ryan Macwilliams
$55 → $45MaintainsOverweightGet Alert
08/08/2023Buy Now39.99%Wells Fargo
Michael Turrin
$50 → $45MaintainsOverweightGet Alert
08/08/2023Buy Now30.66%Morgan Stanley
Meta Marshall
$49 → $42DowngradeOverweight → Equal-WeightGet Alert
08/08/2023Buy Now24.44%Mizuho
Siti Panigrahi
$45 → $40MaintainsBuyGet Alert
08/08/2023Buy Now24.44%Wedbush
Taz Koujalgi
→ $40ReiteratesNeutral → NeutralGet Alert
08/08/2023Buy Now18.21%Craig-Hallum
George Sutton
→ $38DowngradeBuy → HoldGet Alert
08/08/2023Buy Now39.99%Credit Suisse
Fred Lee
→ $45ReiteratesOutperform → OutperformGet Alert
08/08/2023Buy Now43.1%Needham
Ryan Koontz
$42 → $46MaintainsBuyGet Alert
08/08/2023Buy Now61.77%Rosenblatt
Catharine Trebnick
→ $52ReiteratesBuy → BuyGet Alert
08/02/2023Buy Now61.77%Rosenblatt
Catharine Trebnick
$40 → $52MaintainsBuyGet Alert
07/21/2023Buy Now67.99%Keybanc
Thomas Blakey
$45 → $54MaintainsOverweightGet Alert
07/19/2023Buy Now52.43%Morgan Stanley
Meta Marshall
$45 → $49MaintainsOverweightGet Alert
05/26/2023Buy Now30.66%Needham
Ryan Koontz
→ $42UpgradeHold → BuyGet Alert
05/12/2023Buy Now-0.45%Baird
William Power
$45 → $32MaintainsNeutralGet Alert
05/11/2023Buy Now67.99%Northland Capital Markets
Michael Latimore
$63 → $54MaintainsOutperformGet Alert
05/11/2023Buy Now39.99%Truist Securities
Terry Tillman
$55 → $45MaintainsBuyGet Alert
05/11/2023Buy Now39.99%Credit Suisse
Fred Lee
$40 → $45UpgradeNeutral → OutperformGet Alert
05/11/2023Buy Now15.1%Goldman Sachs
Kash Rangan
$52 → $37DowngradeBuy → NeutralGet Alert
05/10/2023Buy Now55.55%Wells Fargo
Michael Turrin
$60 → $50MaintainsOverweightGet Alert
05/10/2023Buy Now39.99%Morgan Stanley
Meta Marshall
$50 → $45MaintainsOverweightGet Alert
05/10/2023Buy Now86.65%Raymond James
Brian Peterson
$62 → $60MaintainsStrong BuyGet Alert
05/10/2023Buy Now24.44%Rosenblatt
Catharine Trebnick
$35 → $40MaintainsBuyGet Alert
05/10/2023Buy Now-0.45%UBS
Taylor McGinnis
$30 → $32MaintainsNeutralGet Alert
05/10/2023Buy Now-9.78%Piper Sandler
James Fish
$45 → $29MaintainsNeutralGet Alert
05/10/2023Buy Now39.99%Keybanc
Thomas Blakey
$40 → $45MaintainsOverweightGet Alert
04/20/2023Buy Now24.44%Keybanc
Thomas Blakey
$62 → $40MaintainsOverweightGet Alert
03/24/2023Buy Now8.88%Rosenblatt
Catharine Trebnick
→ $35Initiates → BuyGet Alert
03/17/2023Buy NowOppenheimer
Timothy Horan
DowngradeOutperform → PerformGet Alert
02/21/2023Buy Now39.99%Mizuho
Siti Panigrahi
$50 → $45MaintainsBuyGet Alert
02/17/2023Buy Now61.77%Goldman Sachs
Kash Rangan
$71 → $52MaintainsBuyGet Alert
02/16/2023Buy Now39.99%Piper Sandler
James Fish
$39 → $45MaintainsNeutralGet Alert
02/16/2023Buy Now71.1%Credit Suisse
Terry Tillman
$60 → $55MaintainsBuyGet Alert
02/16/2023Buy Now92.88%Raymond James
Brian Peterson
$75 → $62MaintainsStrong BuyGet Alert
02/16/2023Buy Now39.99%Baird
William Power
$36 → $45MaintainsNeutralGet Alert
02/16/2023Buy Now55.55%Oppenheimer
Timothy Horan
$40 → $50MaintainsOutperformGet Alert
02/16/2023Buy Now24.44%Evercore ISI Group
Peter Levine
→ $40DowngradeOutperform → In-LineGet Alert
01/17/2023Buy Now21.33%Piper Sandler
James Fish
→ $39DowngradeOverweight → NeutralGet Alert
01/06/2023Buy Now86.65%Wells Fargo
Michael Turrin
$80 → $60MaintainsOverweightGet Alert
12/22/2022Buy Now55.55%Jefferies
Samad Samana
$65 → $50MaintainsBuyGet Alert
12/21/2022Buy NowWolfe Research
Alex Zukin
DowngradeOutperform → Peer PerformGet Alert
12/15/2022Buy Now24.44%Wedbush
Taz Koujalgi
→ $40Initiates → NeutralGet Alert
12/14/2022Buy Now55.55%Morgan Stanley
Meta Marshall
$55 → $50UpgradeEqual-Weight → OverweightGet Alert
11/10/2022Buy Now55.55%Mizuho
Siti Panigrahi
$80 → $50MaintainsBuyGet Alert
11/10/2022Buy Now148.87%Wells Fargo
Michael Turrin
$100 → $80MaintainsOverweightGet Alert
11/10/2022Buy Now24.44%Barclays
Ryan Macwilliams
$90 → $40MaintainsOverweightGet Alert
11/10/2022Buy Now133.32%Raymond James
Brian Peterson
$90 → $75MaintainsStrong BuyGet Alert
11/10/2022Buy Now21.33%Piper Sandler
James Fish
$59 → $39MaintainsOverweightGet Alert
11/10/2022Buy Now39.99%Keybanc
Thomas Blakey
$59 → $45MaintainsOverweightGet Alert
10/18/2022Buy NowBTIG
Matthew Vanvliet
DowngradeBuy → NeutralGet Alert
10/11/2022Buy Now71.1%Morgan Stanley
Meta Marshall
$75 → $55MaintainsEqual-WeightGet Alert
09/23/2022Buy Now24.44%Credit Suisse
Fred Lee
→ $40Initiates → NeutralGet Alert
09/22/2022Buy Now179.98%MoffettNathanson
Sterling Auty
→ $90Initiates → BuyGet Alert
09/13/2022Buy Now83.54%Keybanc
Thomas Blakey
→ $59Initiates → OverweightGet Alert
08/04/2022Buy Now148.87%MKM Partners
Catharine Trebnick
→ $80Initiates → BuyGet Alert
08/03/2022Buy Now117.76%Deutsche Bank
Matthew Niknam
$110 → $70MaintainsBuyGet Alert
08/03/2022Buy Now86.65%UBS
Taylor McGinnis
$84 → $60MaintainsNeutralGet Alert
08/03/2022Buy Now148.87%Mizuho
Siti Panigrahi
$150 → $80MaintainsBuyGet Alert
08/03/2022Buy Now226.64%BTIG
Matt VanVliet
$120 → $105MaintainsBuyGet Alert
08/03/2022Buy Now211.09%Wells Fargo
Michael Turrin
$115 → $100MaintainsOverweightGet Alert
08/03/2022Buy Now179.98%Raymond James
Brian Peterson
$135 → $90MaintainsStrong BuyGet Alert
07/26/2022Buy Now179.98%Barclays
Ryan Macwilliams
$140 → $90MaintainsOverweightGet Alert
07/26/2022Buy Now102.21%Jefferies
Samad Samana
$80 → $65MaintainsBuyGet Alert
07/14/2022Buy Now133.32%Morgan Stanley
Meta Marshall
$105 → $75MaintainsEqual-WeightGet Alert
07/13/2022Buy Now133.32%Piper Sandler
James Fish
$118 → $75MaintainsOverweightGet Alert
07/06/2022Buy NowNeedham
Ryan Koontz
DowngradeBuy → HoldGet Alert
05/23/2022Buy Now148.87%Jefferies
Samad Samana
$100 → $80MaintainsBuyGet Alert
05/18/2022Buy Now257.75%Wells Fargo
Michael Turrin
$150 → $115MaintainsOverweightGet Alert
05/16/2022Buy Now148.87%Baird
William Power
$95 → $80DowngradeOutperform → NeutralGet Alert
05/10/2022Buy Now444.41%Northland Capital Markets
Michael Latimore
$275 → $175MaintainsOutperformGet Alert

FAQ

Q

What is the target price for RingCentral (RNG) stock?

A

The latest price target for RingCentral (NYSE:RNG) was reported by Piper Sandler on July 10, 2024. The analyst firm set a price target for $31.00 expecting RNG to fall to within 12 months (a possible -3.56% downside). 41 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for RingCentral (RNG)?

A

The latest analyst rating for RingCentral (NYSE:RNG) was provided by Piper Sandler, and RingCentral maintained their neutral rating.

Q

When was the last upgrade for RingCentral (RNG)?

A

The last upgrade for RingCentral Inc happened on May 26, 2023 when Needham raised their price target to $42. Needham previously had a hold for RingCentral Inc.

Q

When was the last downgrade for RingCentral (RNG)?

A

The last downgrade for RingCentral Inc happened on December 20, 2023 when Wells Fargo changed their price target from N/A to $36 for RingCentral Inc.

Q

When is the next analyst rating going to be posted or updated for RingCentral (RNG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of RingCentral, 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 RingCentral was filed on July 10, 2024 so you should expect the next rating to be made available sometime around July 10, 2025.

Q

Is the Analyst Rating RingCentral (RNG) correct?

A

While ratings are subjective and will change, the latest RingCentral (RNG) rating was a maintained with a price target of $32.00 to $31.00. The current price RingCentral (RNG) is trading at is $32.15, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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