RingCentral, Inc. (NYSE:RNG) Stock Has Average Price Target of $56.00 According to Brokerages

Posted by Brian Himes on Sep 25th, 2026

Shares of RingCentral, Inc. (NYSE:RNG – Get Free Report) have received an average rating of “Hold” from the twelve analysts that are presently covering the company, Marketbeat reports. Eight investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $56.00.

Several equities analysts have commented on the stock. Mizuho increased their target price on shares of RingCentral from $38.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $50.00 price target on shares of RingCentral in a research report on Friday, July 24th. Needham & Company LLC increased their price objective on RingCentral from $55.00 to $85.00 and gave the company a “buy” rating in a report on Friday, August 28th. Wells Fargo & Company raised their price objective on RingCentral from $43.00 to $65.00 and gave the company an “equal weight” rating in a research note on Tuesday, August 25th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of RingCentral in a report on Friday, July 17th.

Check Out Our Latest Research Report on RingCentral

RingCentral Stock Up 0.7%

NYSE RNG opened at $79.81 on Friday. The stock has a market capitalization of $6.66 billion, a PE ratio of 63.84, a price-to-earnings-growth ratio of 1.38 and a beta of 1.14. The company has a 50 day moving average price of $64.18 and a two-hundred day moving average price of $48.38. RingCentral has a 12-month low of $24.14 and a 12-month high of $81.90.

RingCentral (NYSE:RNG – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The software maker reported $1.22 EPS for the quarter, topping the consensus estimate of $1.16 by $0.06. The company had revenue of $657.01 million for the quarter, compared to analyst estimates of $650.53 million. RingCentral had a net margin of 4.27% and a negative return on equity of 34.49%. RingCentral’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.06 EPS. RingCentral has set its FY 2026 guidance at 4.960-5.100 EPS and its Q3 2026 guidance at 1.250-1.300 EPS. As a group, equities analysts anticipate that RingCentral will post 2.89 EPS for the current year.

RingCentral Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th were paid a $0.1250 dividend. The ex-dividend date was Thursday, August 6th. This is a boost from RingCentral’s previous quarterly dividend of $0.0750. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.6%. RingCentral’s dividend payout ratio is presently 40.00%.

Insider Buying and Selling at RingCentral

In other RingCentral news, CFO Vaibhav Agarwal sold 7,046 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $72.10, for a total value of $508,016.60. Following the transaction, the chief financial officer directly owned 146,700 shares in the company, valued at $10,577,070. The trade was a 4.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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, Director Robert I. Theis sold 2,530 shares of the business’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $40.28, for a total value of $101,908.40. Following the completion of the transaction, the director directly owned 30,834 shares in the company, valued at approximately $1,241,993.52. This represents a 7.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 87,156 shares of company stock valued at $6,078,491 in the last three months. Company insiders own 7.30% of the company’s stock.

Institutional Trading of RingCentral

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. LSV Asset Management grew its holdings in RingCentral by 142.4% during the fourth quarter. LSV Asset Management now owns 2,871,700 shares of the software maker’s stock valued at $82,935,000 after purchasing an additional 1,686,900 shares during the period. Quantinno Capital Management LP raised its position in RingCentral by 150.4% in the 1st quarter. Quantinno Capital Management LP now owns 1,976,995 shares of the software maker’s stock valued at $73,524,000 after buying an additional 1,187,437 shares during the last quarter. Invenomic Capital Management LP lifted its position in shares of RingCentral by 3.7% in the fourth quarter. Invenomic Capital Management LP now owns 1,538,034 shares of the software maker’s stock worth $44,418,000 after purchasing an additional 55,587 shares in the last quarter. Jupiter Asset Management Ltd. lifted its position in RingCentral by 11.4% during the 4th quarter. Jupiter Asset Management Ltd. now owns 1,456,270 shares of the software maker’s stock worth $42,057,000 after buying an additional 149,532 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in RingCentral by 8.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,308,949 shares of the software maker’s stock valued at $48,676,000 after purchasing an additional 101,002 shares during the last quarter. 98.61% of the stock is currently owned by institutional investors and hedge funds.

About RingCentral

(Get Free Report)

RingCentral, Inc is a cloud communications and collaboration company that provides business communications software through a subscription-based platform. Its services are designed to help organizations manage voice, messaging, video meetings, team collaboration and other communications across devices and locations.

The company’s offerings include RingEX, its unified communications platform; RingCentral Video for online meetings and collaboration; RingCentral Events for virtual and hybrid events; and contact center products, including RingCX.