RingCentral (NYSE:RNG – Get Free Report) will likely be posting its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect RingCentral to announce earnings of $1.17 per share and revenue of $650.5510 million for the quarter. RingCentral has set its FY 2026 guidance at 4.850-5.010 EPS and its Q2 2026 guidance at 1.150-1.170 EPS. Parties can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:00 PM ET.
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 analysts’ consensus estimates of $1.17 by $0.03. RingCentral had a net margin of 3.31% and a negative return on equity of 33.75%. The business had revenue of $644.20 million for the quarter, compared to analysts’ expectations of $642.73 million. During the same period in the prior year, the company posted $1.00 EPS. The business’s revenue for the quarter was up 5.3% on a year-over-year basis. On average, analysts expect RingCentral to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
RingCentral Stock Down 1.1%
Shares of NYSE RNG opened at $40.86 on Tuesday. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of 43.47, a price-to-earnings-growth ratio of 1.22 and a beta of 1.14. RingCentral has a 52 week low of $23.59 and a 52 week high of $49.85. The firm has a 50-day moving average price of $40.34 and a 200 day moving average price of $36.48.
RingCentral Announces Dividend
Insider Buying and Selling
In other RingCentral news, CAO Tarun Arora sold 3,615 shares of the stock in a transaction on Friday, May 29th. The stock was sold at an average price of $43.00, for a total transaction of $155,445.00. Following the transaction, the chief accounting officer owned 68,100 shares of the company’s stock, valued at $2,928,300. This represents a 5.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through 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 the firm’s stock in a transaction dated 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 in the company, valued at approximately $7,815,749.94. The trade was a 4.00% decrease in their ownership of the stock. 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 a total of 44,498 shares of company stock worth $1,892,586 in the last three months. 7.30% of the stock is currently owned by insiders.
Institutional Investors Weigh In On RingCentral
A number of institutional investors have recently bought and sold shares of RNG. Alyeska Investment Group L.P. acquired a new position in RingCentral during the third quarter valued at approximately $53,365,000. AQR Capital Management LLC increased its position in shares of RingCentral by 35.4% in the fourth quarter. AQR Capital Management LLC now owns 2,003,950 shares of the software maker’s stock worth $57,874,000 after acquiring an additional 523,966 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of RingCentral by 138.6% in the third quarter. Russell Investments Group Ltd. now owns 811,747 shares of the software maker’s stock worth $23,113,000 after acquiring an additional 471,559 shares in the last quarter. Two Sigma Investments LP raised its stake in shares of RingCentral by 130.5% in the 3rd quarter. Two Sigma Investments LP now owns 490,255 shares of the software maker’s stock valued at $13,894,000 after acquiring an additional 277,577 shares during the period. Finally, Gotham Asset Management LLC raised its stake in shares of RingCentral by 223.5% in the 3rd quarter. Gotham Asset Management LLC now owns 400,713 shares of the software maker’s stock valued at $11,356,000 after acquiring an additional 276,846 shares during the period. 98.61% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities research analysts have recently commented on RNG shares. 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. Jefferies Financial Group reissued a “hold” rating and issued a $40.00 target price on shares of RingCentral in a report on Saturday, May 9th. Rosenblatt Securities lifted their price target on RingCentral from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Robert W. Baird set a $45.00 price objective on shares of RingCentral in a research note on Friday, May 8th. Finally, Oppenheimer restated an “outperform” rating and set a $50.00 target price on shares of RingCentral in a research report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $43.00.
Read Our Latest Research Report on RingCentral
About RingCentral
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.
Featured Stories
- Five stocks we like better than RingCentral
- The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence
- Is Domino’s Stock Serving Up a Buying Opportunity?
- A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free
- Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for RingCentral Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RingCentral and related companies with MarketBeat.com's FREE daily email newsletter.
