On June 6, 2025, Keybanc analyst Jackson Ader initiated coverage on RingCentral (RNG, Financial), assigning a "Sector Weight" rating to the communications solutions company. This marks the latest evaluation for RingCentral as it continues to navigate the competitive landscape of cloud communications.
Although Keybanc did not provide a price target for RNG, the "Sector Weight" rating suggests that the analyst views the stock as expected to perform in line with the broader market sector. This neutral stance allows investors to consider RingCentral's growth prospects within the context of the overall sector performance.
RingCentral (RNG, Financial), listed on the NYSE, has been a key player in the unified communications-as-a-service (UCaaS) industry, providing innovative solutions for businesses to streamline their communications. As of now, investors and market participants will await further updates and potential adjustments in the rating as market conditions evolve.
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 19.17% from the current price of $26.80. 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 $41.44, suggesting a upside of 54.63% from the current price of $26.8. 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.
