Wells Fargo downgraded RingCentral from Overweight to Equal Weight and set a new price target of $36.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/9/2025 | $36.00 | Buy | Needham |
| 1/27/2025 | $45.00 → $37.00 | Overweight → Equal Weight | Barclays |
| 1/7/2025 | $38.00 → $30.00 | Equal Weight → Underweight | Wells Fargo |
| 1/3/2025 | $50.00 → $45.00 | Strong Buy → Outperform | Raymond James |
| 12/13/2024 | $42.00 | Outperform → Neutral | Mizuho |
| 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 |
Needham resumed coverage of RingCentral with a rating of Buy and set a new price target of $36.00
Barclays downgraded RingCentral from Overweight to Equal Weight and set a new price target of $37.00 from $45.00 previously
Wells Fargo downgraded RingCentral from Equal Weight to Underweight and set a new price target of $30.00 from $38.00 previously
DENVER, May 20, 2025 (GLOBE NEWSWIRE) -- EverCommerce Inc. (NASDAQ:EVCM) (the "Company"), a leading provider of SaaS solutions for service SMBs, announced today the appointment of Amy Guggenheim Shenkan to its Board of Directors. Ms. Shenkan's extensive experience serving on the boards of RingCentral (NYSE:RNG), Pickles Auctions (an Apax Partners PE portfolio company), Zuora, and RB Global, Inc. brings a breadth of experience in guiding businesses. In addition, she has significant experience in leadership positions at Wells Fargo, Travelocity, Common Sense Media, and McKinsey & Company with an emphasis on innovation and digital transformation. Upon joining the EverCommerce Board, Ms. Shen
RingCentral, Inc. (NYSE:RNG), a global leader in AI-powered business communications, today announced that members of its management team are scheduled to present at the following investor conference: BofA Securities 2025 Global Technology Conference Date: Tuesday, June 3, 2025 Time: 5:00 p.m. ET (2:00 p.m. PT) A live webcast and replay will be accessible on the Company's investor relations website at ir.ringcentral.com. About RingCentral RingCentral is a leading provider of trusted AI business communications, contact center, conversational intelligence, video and hybrid event solutions. RingCentral empowers businesses with conversation intelligence and unlocks rich customer and employee
Exceeded $2.5 billion in ARR Total revenue at the high end of guidance with record cash flow GAAP operating profitable for the third consecutive quarter; non-GAAP operating margin above guidance Now has over 1,000 paying customers on each of RingCX and AI Receptionist (AIR) RingCentral, Inc. (NYSE:RNG), a global leader in AI-powered business communications, today announced financial results for the first quarter ended March 31, 2025. "Our continued leadership in UCaaS, combined with strong early momentum in CCaaS and accelerated adoption of our AI-powered solutions, drove solid Q1 results, with ARR surpassing $2.5 billion," said Vlad Shmunis, RingCentral's Founder, Chairman, and CEO. "
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Exceeded $2.5 billion in ARR Total revenue at the high end of guidance with record cash flow GAAP operating profitable for the third consecutive quarter; non-GAAP operating margin above guidance Now has over 1,000 paying customers on each of RingCX and AI Receptionist (AIR) RingCentral, Inc. (NYSE:RNG), a global leader in AI-powered business communications, today announced financial results for the first quarter ended March 31, 2025. "Our continued leadership in UCaaS, combined with strong early momentum in CCaaS and accelerated adoption of our AI-powered solutions, drove solid Q1 results, with ARR surpassing $2.5 billion," said Vlad Shmunis, RingCentral's Founder, Chairman, and CEO. "
RingCentral, Inc. (NYSE:RNG), a global leader in AI-powered business communications, today announced that it will report financial results for the first quarter ended March 31, 2025 after market close on May 8, 2025. 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 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 May 8, 2025, a telephone replay will also be available by dialing 1-844-512
Q4 2024 revenue and operating margin above guidance range with record cash flow Exceeded $50 million ARR from new products Kira Makagon promoted to President and Chief Operating Officer RingCentral, Inc. (NYSE:RNG), a global leader in AI-powered trusted business communications for companies of all sizes, today announced financial results for the fourth quarter and fiscal year ended December 31, 2024. "We had a good fourth quarter, capping a strong year," said Vlad Shmunis, RingCentral's founder and CEO. "Our new AI-powered products are gaining steam, and today we unveiled RingCentral AI Receptionist, or AIR, which we believe will deliver tremendous value to businesses everywhere. Buildi
DENVER, May 20, 2025 (GLOBE NEWSWIRE) -- EverCommerce Inc. (NASDAQ:EVCM) (the "Company"), a leading provider of SaaS solutions for service SMBs, announced today the appointment of Amy Guggenheim Shenkan to its Board of Directors. Ms. Shenkan's extensive experience serving on the boards of RingCentral (NYSE:RNG), Pickles Auctions (an Apax Partners PE portfolio company), Zuora, and RB Global, Inc. brings a breadth of experience in guiding businesses. In addition, she has significant experience in leadership positions at Wells Fargo, Travelocity, Common Sense Media, and McKinsey & Company with an emphasis on innovation and digital transformation. Upon joining the EverCommerce Board, Ms. Shen
RingCentral, Inc. (NYSE:RNG), a global leader in AI-powered trusted business communications, today announced that it has appointed Kira Makagon, current Chief Innovation Officer and CMO, as President and Chief Operating Officer, effective today. Makagon will be responsible for the Company's product and technology organization, direct and channel sales, customer success, marketing, and operations organizations. Vlad Shmunis, RingCentral's Founder, Chairman, and CEO, said, "Kira's visionary leadership at RingCentral spans over a decade, spearheading our product innovation and establishing our brand as an industry leader. Kira's proven track record of building high-performing teams and her de
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
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