Ringcentral (NYSE:RNG) Price Target Raised to $37.50 at Rosenblatt Securities

Ringcentral (NYSE:RNG) had its price objective raised by Rosenblatt Securities from $32.00 to $37.50 in a research note issued to investors on Friday,Benzinga reports. They currently have a buy rating on the software maker’s stock.

A number of other brokerages have also issued reports on RNG. Weiss Ratings restated a “sell (d+)” rating on shares of Ringcentral in a research note on Monday, December 29th. Needham & Company LLC restated a “buy” rating and issued a $36.00 price objective on shares of Ringcentral in a research note on Tuesday, November 4th. Zacks Research downgraded Ringcentral from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 3rd. Finally, Morgan Stanley cut their price target on shares of Ringcentral from $31.00 to $30.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. Four research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Ringcentral presently has a consensus rating of “Hold” and a consensus price target of $32.88.

Ringcentral Stock Performance

NYSE:RNG opened at $39.50 on Friday. The company’s 50-day simple moving average is $28.38 and its 200-day simple moving average is $28.87. Ringcentral has a fifty-two week low of $20.58 and a fifty-two week high of $40.64. The stock has a market capitalization of $3.42 billion, a P/E ratio of 82.29, a P/E/G ratio of 1.21 and a beta of 1.23.

Ringcentral (NYSE:RNG) last posted its quarterly earnings data on Thursday, February 19th. The software maker reported $1.18 EPS for the quarter, topping the consensus estimate of $1.14 by $0.04. The firm had revenue of $644.03 million during the quarter, compared to analyst estimates of $643.52 million. Ringcentral had a net margin of 1.73% and a negative return on equity of 29.05%. Ringcentral’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.98 EPS. Ringcentral has set its FY 2026 guidance at 4.760-4.970 EPS and its Q1 2026 guidance at 1.160-1.190 EPS. On average, research analysts forecast that Ringcentral will post 1.29 EPS for the current year.

Ringcentral Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, March 9th.

Insider Buying and Selling at Ringcentral

In other Ringcentral news, CEO Vladimir Shmunis sold 27,018 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $27.68, for a total value of $747,858.24. Following the sale, the chief executive officer owned 262,240 shares in the company, valued at approximately $7,258,803.20. This represents a 9.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Tarun Arora sold 3,888 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $28.70, for a total transaction of $111,585.60. Following the sale, the chief accounting officer owned 93,412 shares in the company, valued at approximately $2,680,924.40. This represents a 4.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 53,141 shares of company stock valued at $1,491,632. 7.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ringcentral

Several institutional investors and hedge funds have recently modified their holdings of the business. Global Retirement Partners LLC boosted its position in Ringcentral by 98.5% during the third quarter. Global Retirement Partners LLC now owns 901 shares of the software maker’s stock worth $26,000 after purchasing an additional 447 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Ringcentral by 269.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,012 shares of the software maker’s stock worth $29,000 after acquiring an additional 738 shares during the period. Harvest Fund Management Co. Ltd purchased a new position in Ringcentral during the third quarter valued at $30,000. Jones Financial Companies Lllp grew its position in shares of Ringcentral by 61.6% in the third quarter. Jones Financial Companies Lllp now owns 1,217 shares of the software maker’s stock valued at $37,000 after purchasing an additional 464 shares during the period. Finally, Covestor Ltd increased its stake in shares of Ringcentral by 198.5% during the fourth quarter. Covestor Ltd now owns 1,594 shares of the software maker’s stock worth $46,000 after purchasing an additional 1,060 shares in the last quarter. Hedge funds and other institutional investors own 98.61% of the company’s stock.

Trending Headlines about Ringcentral

Here are the key news stories impacting Ringcentral this week:

• Positive Sentiment: Q4 beat and stronger guidance — RNG reported $1.18 EPS and $644.0M revenue, topping estimates, with subscription sales and margins improving; management raised FY‑2026 EPS and Q1 EPS guidance well above Street expectations, underpinning the move higher. MarketBeat Q4 release
• Positive Sentiment: AI momentum cited as driver — Management and coverage note that RingCentral’s AI features are lifting bookings and revenue trends, helping convince investors that the company can sustain growth vs. other software names. CNBC AI / rally article
• Positive Sentiment: Earnings coverage and analyst commentary reinforce the beat — Multiple outlets and earnings notes highlight improved subscription trends and margin expansion, supporting investor confidence in the company’s execution. Zacks Q4 coverage
• Positive Sentiment: Unusual call buying — Options flow showed a large spike in call purchases, signaling speculative or institutional bullish positioning that can amplify intraday moves. Options activity note
• Neutral Sentiment: Analyst target updates mixed — Rosenblatt raised its price target and maintained a buy rating, a supportive signal, though some targets and commentary vary across brokers. Benzinga note
• Neutral Sentiment: Small quarterly dividend declared — RingCentral announced a $0.075 per‑share dividend (ex‑dividend March 9), a modest yield that is unlikely to be a major stock mover. Dividend announcement
• Negative Sentiment: Valuation and risk attention — Coverage of RNG joining S&P indices also flags valuation and other risks, which could cap upside if investors focus on stretched multiples and execution risks. Yahoo S&P indices article
• Negative Sentiment: Profitability metrics still mixed — Reports note a very low net margin and negative return on equity, which may keep longer‑term skeptics cautious despite the quarter’s beat. Earnings call transcript

Ringcentral Company Profile

RingCentral, Inc is a leading provider of cloud-based business communications and collaboration solutions. The company’s flagship platform delivers unified communications as a service (UCaaS), integrating voice over IP (VoIP) phone systems, video conferencing, team messaging and SMS into a single, cloud-native application. In addition to its UCaaS offering, RingCentral provides contact center as a service (CCaaS) capabilities, enabling organizations to manage customer interactions across voice, email, chat and social channels from a centralized dashboard.

Founded in 1999 and headquartered in Belmont, California, RingCentral went public on the New York Stock Exchange under the ticker RNG in 2013.