
RingCentral (RNG) Stock Forecast & Price Target
RingCentral (RNG) Analyst Ratings
Bulls say
RingCentral has demonstrated strong financial performance, with Non-GAAP operating margins expanding to 21.8%, surpassing consensus estimates and indicating effective cost management. The company has also seen a significant increase in users of its Teams integration, rising 30% year-over-year, which highlights the growing adoption of its products. This operational efficiency, combined with strategic partnerships, reinforces a positive outlook for the company's future growth potential.
Bears say
The analysis indicates a negative outlook for RingCentral's stock due to potential disruptions in the supply chain, which could lead to delays or reductions in shipments to customers. Additionally, the company's slower-than-expected penetration into international markets presents a significant challenge, as its future success relies heavily on expanding its global operations and customer base. Without improvements in these areas, RingCentral may struggle to achieve its growth and revenue targets, impacting its overall financial performance.
This aggregate rating is based on analysts' research of RingCentral and is not a guaranteed prediction by Public.com or investment advice.
RingCentral (RNG) Analyst Forecast & Price Prediction
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