Analysts Set RingCentral, Inc. (NYSE:RNG) Price Target at $43.00

Posted by Brian Himes on Jun 13th, 2026

RingCentral, Inc. (NYSE:RNG – Get Free Report) has earned a consensus rating of “Hold” from the twelve ratings firms that are covering the stock, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $43.00.

Several research analysts have recently weighed in on RNG shares. Jefferies Financial Group restated a “hold” rating and issued a $40.00 price target on shares of RingCentral in a research note on Saturday, May 9th. Piper Sandler boosted their price target on RingCentral from $28.00 to $37.00 and gave the stock a “neutral” rating in a research note on Monday, February 23rd. Zacks Research upgraded RingCentral from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Wells Fargo & Company boosted their price target on RingCentral from $32.00 to $43.00 and gave the stock an “equal weight” rating in a research note on Friday, May 8th. Finally, UBS Group set a $38.00 price target on RingCentral in a research note on Friday, February 20th.

Read Our Latest Analysis on RNG

Insider Buying and Selling

In related news, CAO Tarun Arora sold 3,615 shares of RingCentral stock in a transaction on Friday, May 29th. The stock was sold at an average price of $43.00, for a total value of $155,445.00. Following the completion of the sale, the chief accounting officer owned 68,100 shares of the company’s stock, valued at $2,928,300. The trade was a 5.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Vaibhav Agarwal sold 7,047 shares of RingCentral stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $46.17, for a total value of $325,359.99. Following the completion of the sale, the chief financial officer directly owned 169,282 shares of the company’s stock, valued at $7,815,749.94. The trade was a 4.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 41,656 shares of company stock valued at $1,780,310 over the last 90 days. Company insiders own 7.30% of the company’s stock.

Institutional Trading of RingCentral

Several large investors have recently modified their holdings of the company. WealthCollab LLC grew its holdings in shares of RingCentral by 59.7% in the first quarter. WealthCollab LLC now owns 693 shares of the software maker’s stock worth $26,000 after acquiring an additional 259 shares during the period. Pictet Asset Management Holding SA grew its holdings in shares of RingCentral by 3.1% in the first quarter. Pictet Asset Management Holding SA now owns 11,883 shares of the software maker’s stock worth $442,000 after acquiring an additional 362 shares during the period. Rothschild Investment LLC grew its holdings in shares of RingCentral by 15.8% in the fourth quarter. Rothschild Investment LLC now owns 2,681 shares of the software maker’s stock worth $77,000 after acquiring an additional 366 shares during the period. Sovereign Financial Group Inc. grew its holdings in RingCentral by 4.2% during the first quarter. Sovereign Financial Group Inc. now owns 10,170 shares of the software maker’s stock valued at $378,000 after purchasing an additional 409 shares during the period. Finally, Meeder Asset Management Inc. grew its holdings in RingCentral by 127.3% during the first quarter. Meeder Asset Management Inc. now owns 732 shares of the software maker’s stock valued at $27,000 after purchasing an additional 410 shares during the period. Institutional investors own 98.61% of the company’s stock.

RingCentral Price Performance

RNG stock opened at $38.61 on Wednesday. RingCentral has a 1-year low of $23.59 and a 1-year high of $49.85. The business has a fifty day moving average price of $41.07 and a 200-day moving average price of $34.71. The stock has a market capitalization of $3.24 billion, a P/E ratio of 41.07, a P/E/G ratio of 1.11 and a beta of 1.14.

RingCentral (NYSE:RNG – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.03. RingCentral had a negative return on equity of 33.75% and a net margin of 3.31%.The firm had revenue of $644.20 million during the quarter, compared to analysts’ expectations of $642.73 million. During the same quarter in the previous year, the business earned $1.00 earnings per share. The company’s revenue was up 5.3% on a year-over-year basis. RingCentral has set its FY 2026 guidance at 4.850-5.010 EPS and its Q2 2026 guidance at 1.150-1.170 EPS. As a group, analysts anticipate that RingCentral will post 2.79 earnings per share for the current year.

RingCentral Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Tuesday, June 2nd were issued a $0.075 dividend. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $0.30 annualized dividend and a dividend yield of 0.8%. RingCentral’s payout ratio is presently 31.91%.

RingCentral Company Profile

(Get Free Report)

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.