Ribbon Communications (NASDAQ:RBBN – Get Free Report) had its price target dropped by investment analysts at Rosenblatt Securities from $4.00 to $3.50 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the communications equipment provider’s stock. Rosenblatt Securities’ price objective indicates a potential upside of 70.73% from the stock’s previous close.
Other equities analysts also recently issued reports about the company. Weiss Ratings downgraded Ribbon Communications from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 11th. B. Riley Financial reiterated a “neutral” rating on shares of Ribbon Communications in a research note on Wednesday, April 29th. Finally, Wall Street Zen cut shares of Ribbon Communications from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Ribbon Communications currently has an average rating of “Moderate Buy” and an average price target of $3.56.
View Our Latest Stock Analysis on RBBN
Ribbon Communications Stock Up 0.5%
Ribbon Communications (NASDAQ:RBBN – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The communications equipment provider reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.02). Ribbon Communications had a return on equity of 24.14% and a net margin of 3.80%.The firm had revenue of $192.34 million during the quarter, compared to analysts’ expectations of $189.99 million. During the same period in the prior year, the firm posted $0.05 earnings per share. Ribbon Communications’s revenue for the quarter was down 13.0% compared to the same quarter last year. On average, equities analysts anticipate that Ribbon Communications will post 0.02 earnings per share for the current fiscal year.
Institutional Trading of Ribbon Communications
Several hedge funds have recently made changes to their positions in RBBN. Empowered Funds LLC acquired a new stake in shares of Ribbon Communications during the 1st quarter worth about $187,000. Bank of America Corp DE increased its stake in Ribbon Communications by 41.0% during the 1st quarter. Bank of America Corp DE now owns 208,230 shares of the communications equipment provider’s stock worth $441,000 after buying an additional 60,541 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in Ribbon Communications by 18.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,216,876 shares of the communications equipment provider’s stock worth $2,580,000 after buying an additional 187,160 shares during the period. State of Wyoming acquired a new stake in Ribbon Communications during the 1st quarter worth approximately $116,000. Finally, NewEdge Wealth LLC acquired a new stake in Ribbon Communications during the 1st quarter worth approximately $34,000. Hedge funds and other institutional investors own 70.92% of the company’s stock.
Key Ribbon Communications News
Here are the key news stories impacting Ribbon Communications this week:
- Positive Sentiment: Revenue rose 18% sequentially to approximately $192 million, exceeding analysts’ $189.99 million estimate. Adjusted EBITDA reached $12 million, and profitability improved by $20 million from the prior quarter. Ribbon Communications Inc. Reports Second Quarter 2026 Financial Results
- Positive Sentiment: Management highlighted record quarterly IP Optical bookings, growth in North America, critical-infrastructure and data-center interconnect wins, and continued large-enterprise momentum. Salesforce selected Ribbon for its Agentforce Contact Center, providing a notable customer validation. Ribbon Communications Q2 2026 Earnings Call Transcript
- Neutral Sentiment: Third-quarter revenue guidance of $215 million to $230 million brackets the $224.7 million consensus estimate. Full-year revenue guidance of $810 million to $840 million is also near, but slightly below, the $838.1 million analyst estimate, suggesting improving second-half expectations but limited upside to current forecasts. Ribbon Communications Earnings and Guidance
- Negative Sentiment: Ribbon posted an adjusted loss of $0.03 per share, missing the expected $0.01 loss and reversing year-ago earnings of $0.05 per share. Revenue declined 13% from $221 million a year earlier, while GAAP operating results fell to a $12 million loss from $4 million of income and gross margins contracted. Ribbon Communications Reports Q2 Loss, Tops Revenue Estimates
Ribbon Communications Company Profile
Ribbon Communications Inc is a global provider of real-time communications software and network solutions for service providers and enterprises. The company’s offerings address the full life cycle of voice, video and data transmission across fixed, mobile and cloud environments. Ribbon’s technology portfolio is designed to enable secure, intelligent and interoperable communications in applications such as unified communications, contact centers, wholesale VoIP interconnect and next-generation 5G networks.
Ribbon’s product suite includes session border controllers (SBCs), which secure and interwork IP voice and multimedia sessions; Diameter signaling controllers for 4G/5G policy and charging control; network edge virtualization platforms; and analytics engines for service assurance and fraud management.
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