Company | 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 |
8-K - RingCentral, Inc. (0001384905) (Filer)
144 - RingCentral, Inc. (0001384905) (Subject)
10-Q - RingCentral, Inc. (0001384905) (Filer)
SC 13G/A - RingCentral, Inc. (0001384905) (Subject)
SC 13G - RingCentral, Inc. (0001384905) (Subject)
SC 13G/A - RingCentral, Inc. (0001384905) (Subject)
Piper Sandler analyst James Fish maintains RingCentral (NYSE:RNG) with a Neutral and lowers the price target from $32 to $31.
Despite the stronger-than-expected increase in non-farm payrolls last month, the Bureau of Labor Statistics’ June Employment Situation report indicated an overall cooling trend in the U.S. labor market. Significant downward revisions of 111,000 fewer payrolls in the previous two reports, an unexpected rise in the unemployment rate, and the anticipated slowdown in wage growth are prompting most economists to believe the Federal Reserve may be more confident about announcing an interest rate cut, with September being the nearest option. Investors seem to share this view, with the probability of a September rate cut rising from 72% to 76% after the jobs report’s release, and the expecte
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
4 - RingCentral, Inc. (0001384905) (Issuer)
4 - RingCentral, Inc. (0001384905) (Issuer)
4 - RingCentral, Inc. (0001384905) (Issuer)
Zayo to integrate RingCentral's RingEX and RingCX solutions as part of its new Zayo UC+ offering Zayo, a leading communications infrastructure provider, and RingCentral, Inc. (NYSE:RNG), a leading global provider of trusted AI communications for businesses of all sizes, today announced a strategic relationship to launch a new offering, Zayo UC+ with RingCentral. Designed to boost workforce productivity and elevate customer experiences, the solution enables enterprises with secure, AI-powered cloud communications and contact center capabilities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240909055153/en/ The latest addition t
Sonalee Parekh to Step Down as CFO effective September 10, 2024 No Change to Outlook RingCentral, Inc. (NYSE:RNG), a leading global provider of trusted AI communications for businesses of all sizes, today announced that Sonalee Parekh has resigned as Chief Financial Officer, effective September 10, to accept a Chief Financial Officer role at a public company that is not a competitor, supplier or customer to RingCentral. The Company has initiated a search to identify a successor that will include both internal and external candidates. Vlad Shmunis, Founder, Chairman and CEO of RingCentral, said, "On behalf of the Board and our entire team, I want to thank Sonalee for her many contribut
Introducing native real-time agent and supervisor assist, coaching insights for quality management, and bring-your-own IVA framework Rapid pace of innovation and AI-first approach drives strong customer demand for RingCX RingCentral, Inc. (NYSE:RNG), a leading provider of AI-driven cloud business communications, contact center, video and hybrid event solutions, today announced new innovations for its AI-powered contact center solution, RingCX™. These innovations include a native, real-time AI-powered assistant for both agents and supervisors, advanced AI-based coaching insights for managers and supervisors, and a new bring-your-own IVA framework for customers and partners to quickly int
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
WWE® (NYSE:WWE) today announced that Michelle McKenna and JoEllen Lyons Dillon have been elected to its Board of Directors. McKenna spent more than two decades as a senior leader at Disney, Universal Studios and the NFL, working across technology, digital strategy and finance. From 2012 to 2022, McKenna served as Chief Information Officer for the NFL, where she was responsible for the league's technology strategy and served as the executive sponsor of the Women's Interactive Group. She serves on the Board of Directors of Ring Central (NYSE:RNG), where she is a member of the audit, compensation and nominating & governance committees. McKenna previously served on the Board of Directors of In
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
RingCentral, Inc. (NYSE:RNG), a leading provider of AI-driven cloud business communications, contact center, video, and hybrid event solutions, today announced that it will report financial results for the second quarter ended June 30, 2024 after market close on August 1, 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 Au
Q1 2024 key metrics above high end of guidance Raising 2024 revenue outlook Share repurchase authorization increased by $250 million 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 first quarter ended March 31, 2024. First Quarter Financial Highlights Total revenue increased 9% year-over-year to $584 million. Subscriptions revenue increased 10% year-over-year to $557 million. Annualized Exit Monthly Recurring Subscriptions (ARR) increased 10% year over year to $2.37 billion. Mid-market and Enterprise ARR increased 11% year over year to