Baird analyst William Power maintains RingCentral (NYSE:RNG) with a Neutral and raises the price target from $32 to $35.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/2/2024 | $45.00 | Neutral → Buy | Rosenblatt |
| 12/20/2023 | $36.00 | Overweight → Equal Weight | Wells Fargo |
| 12/12/2023 | $40.00 → $35.00 | Buy → Hold | Jefferies |
| 10/23/2023 | $52.00 → $35.00 | Buy → Neutral | Rosenblatt |
| 8/8/2023 | Overweight → Equal-Weight | Morgan Stanley | |
| 8/8/2023 | $38.00 | Buy → Hold | Craig Hallum |
| 5/26/2023 | $42.00 | Hold → Buy | Needham |
| 5/11/2023 | $52.00 → $37.00 | Buy → Neutral | Goldman |
RingCentral, Inc. (NYSE:RNG), a leading global provider of trusted AI communications for businesses of all sizes, today announced that Abhey Lamba has been appointed Chief Financial Officer and will join in his new role in the coming weeks. Lamba will be responsible for all the Company's financial functions, including financial planning, controllership, tax, treasury, corporate development and investor relations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107140330/en/Abhey Lamba, courtesy of RingCentral A seasoned finance and technology leader with more than 30 years of experience, Lamba joins RingCentral from Amazon Web
RingCentral, Inc. (NYSE:RNG), a leading provider of AI-driven cloud business communications, contact center, video and hybrid event solutions, today announced that Prat Bhatt has been appointed to the Company's Board of Directors, effective March 1, 2024. Bhatt has been named a member of the Board's audit committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240220097878/en/Photo of Prat Bhatt, courtesy of RingCentral Bhatt is an accomplished technology industry veteran and financial expert, having previously served as Chief Accounting Officer of Cisco Systems. In his more than 20 years at Cisco, Bhatt was instrumental in sc
Linking people, culture, and strategy to drive business value RingCentral, Inc. (NYSE:RNG), a leading provider of AI-powered global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced that Bobbie Grafeld has been appointed as Chief Human Resources Officer. Reporting to Mo Katibeh, President and Chief Operating Officer, Grafeld will be responsible for developing and executing human resources strategy in support of the company's overall strategic priorities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230613536735/en/Bobbie Grafeld, courtesy of RingCentral "We are deli
Piper Sandler analyst James Fish maintains RingCentral (NYSE:RNG) with a Neutral and lowers the price target from $32 to $31.
Wells Fargo analyst Michael Turrin maintains RingCentral (NYSE:RNG) with a Equal-Weight and lowers the price target from $33 to $28.
Rosenblatt upgraded RingCentral from Neutral to Buy and set a new price target of $45.00
Wells Fargo downgraded RingCentral from Overweight to Equal Weight and set a new price target of $36.00
Jefferies downgraded RingCentral from Buy to Hold and set a new price target of $35.00 from $40.00 previously
Q3 2024 revenue above high end of guidance Achieves GAAP operating profitability in Q3 2024 Raising 2024 revenue, net cash provided by operating activities and free cash flow outlook RingCentral, Inc. (NYSE:RNG), a global leader in AI-powered trusted business communications for companies of all sizes, today announced financial results for the third quarter ended September 30, 2024. Third Quarter Financial Highlights Total revenue increased 9% year-over-year to $609 million. Subscriptions revenue increased 10% year-over-year to $583 million. Annualized Exit Monthly Recurring Subscriptions (ARR) increased 9% year-over-year to $2.48 billion. Enterprise ARR increased 11% year-over-y
RingCentral, Inc. (NYSE:RNG), a global leader in AI-powered trusted business communications for companies of all sizes, today announced that it will report financial results for the third quarter ended September 30, 2024 after market close on November 7, 2024. The company also announced that it will hold a conference call on the same day at 2:00 PM Pacific Time (5:00 PM Eastern Time) to discuss its quarterly financial results. The conference call can be accessed by dialing 1-888-349-0093 from the United States or 1-412-317-5201 internationally with reference to the company name and conference title. Following the completion of the call through 11:59 PM Eastern Time on November 14, 2024, a
Q2 2024 key metrics above high end of guidance Achieves record net cash provided by operating activities and record free cash flow Raising 2024 revenue outlook RingCentral, Inc. (NYSE:RNG), a leading provider of AI-driven cloud business communications, contact center, video, and hybrid event solutions, today announced financial results for the second quarter ended June 30, 2024. Second Quarter Financial Highlights Total revenue increased 10% year-over-year to $593 million. Subscriptions revenue increased 10% year-over-year to $567 million. Annualized Exit Monthly Recurring Subscriptions (ARR) increased 9% year-over-year to $2.43 billion. Mid-market and Enterprise ARR inc
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4 - RingCentral, Inc. (0001384905) (Issuer)
4 - RingCentral, Inc. (0001384905) (Issuer)
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RingCentral, Inc. (NYSE:RNG), a leading global provider of trusted AI communications for businesses of all sizes, today announced that members of its management team are scheduled to present at the following investor conferences: UBS Global Technology and AI Conference Date: Tuesday, December 3, 2024 Time: 10:15 a.m. MT (12:15 p.m. ET) Barclays 22nd Annual Global Technology Conference Date: Wednesday, December 11, 2024 Time: 10:25 a.m. PT (1:25 p.m. ET) A live webcast will be accessible on the Company's investor relations website at ir.ringcentral.com. About RingCentral RingCentral is a leading provider of trusted AI communications, contact center, sales intelligence, video and hy
RingCentral, Inc. (NYSE:RNG), a leading global provider of trusted AI communications for businesses of all sizes, today announced that Abhey Lamba has been appointed Chief Financial Officer and will join in his new role in the coming weeks. Lamba will be responsible for all the Company's financial functions, including financial planning, controllership, tax, treasury, corporate development and investor relations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107140330/en/Abhey Lamba, courtesy of RingCentral A seasoned finance and technology leader with more than 30 years of experience, Lamba joins RingCentral from Amazon Web
RingCentral, Inc. (NYSE:RNG), a global leader in AI-powered trusted business communications for companies of all sizes, and Verint® (NASDAQ:VRNT), a leader in CX automation, today announced a strategic partnership to provide RingCX™ customers access to best-in-class workforce engagement management (WEM) and CX automation. Through this partnership, RingCX customers will have more choice and be able to leverage Verint's leading WEM and CX automation solutions, which complement RingCentral's native AI capabilities, to enhance employee productivity and improve customer experiences, ultimately driving competitive advantage and operational efficiency. This press release features multimedia. View