On May 19, 2025, RingCentral (RNG, Financial) maintained its "Buy" rating from the analyst firm Rosenblatt. The firm's analyst, Catharine Trebnick, confirmed the continuation of this rating.
According to the latest report, the price target for RingCentral (RNG, Financial) remains steady at $32.00 USD. This target is unchanged from the prior valuation, with no percentage change indicated in the analyst's assessment.
Rosenblatt's decision to maintain the current price target and "Buy" rating for RingCentral (RNG, Financial) signifies confidence in the stock's potential within the market. The analysis reflects stable expectations for the company's future performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for RingCentral Inc (RNG, Financial) is $31.94 with a high estimate of $45.00 and a low estimate of $24.00. The average target implies an upside of 13.70% from the current price of $28.09. More detailed estimate data can be found on the RingCentral Inc (RNG) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, RingCentral Inc's (RNG, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for RingCentral Inc (RNG, Financial) in one year is $41.26, suggesting a upside of 46.89% from the current price of $28.09. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the RingCentral Inc (RNG) Summary page.
