RingCentral (NYSE:RNG) Issues FY 2026 Earnings Guidance

Posted by Geri Gentry on Oct 23rd, 2026

RingCentral (NYSE:RNG – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 5.070-5.120 for the period, compared to the consensus EPS estimate of 4.610. The company issued revenue guidance of $2.7 billion, compared to the consensus revenue estimate of $2.6 billion. RingCentral also updated its Q4 2026 guidance to 1.320-1.370 EPS.

RingCentral Trading Up 11.5%

RNG opened at $88.53 on Friday. The firm has a market cap of $7.39 billion, a price-to-earnings ratio of 71.62, a PEG ratio of 1.43 and a beta of 1.10. The stock’s 50-day moving average price is $73.63 and its 200 day moving average price is $54.03. RingCentral has a 12-month low of $24.14 and a 12-month high of $89.01.

RingCentral (NYSE:RNG – Get Free Report) last released its earnings results on Thursday, October 22nd. The software maker reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.05. The company had revenue of $676.04 million for the quarter, compared to analyst estimates of $667.30 million. RingCentral had a net margin of 4.27% and a negative return on equity of 34.49%. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.13 EPS. On average, research analysts forecast that RingCentral will post 2.89 earnings per share for the current year.

RingCentral Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Friday, November 6th will be paid a $0.1250 dividend. This represents a $0.50 annualized dividend and a yield of 0.6%. The ex-dividend date is Friday, November 6th. RingCentral’s dividend payout ratio is currently 40.00%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on RNG shares. Oppenheimer restated an “outperform” rating on shares of RingCentral in a report on Friday. Royal Bank Of Canada assumed coverage on shares of RingCentral in a research note on Thursday, September 3rd. They issued an “outperform” rating and a $85.00 price objective for the company. Wells Fargo & Company upped their price objective on shares of RingCentral from $43.00 to $65.00 and gave the company an “equal weight” rating in a research note on Tuesday, August 25th. Jefferies Financial Group reaffirmed a “hold” rating and set a $75.00 price objective on shares of RingCentral in a report on Friday. Finally, Weiss Ratings upgraded RingCentral from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Five analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $72.50.

Read Our Latest Report on RingCentral

Insider Activity at RingCentral

In other RingCentral news, Director Amy Shenkan sold 1,264 shares of RingCentral stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $78.89, for a total value of $99,716.96. Following the transaction, the director directly owned 28,108 shares in the company, valued at approximately $2,217,440.12. This trade represents a 4.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tarun Arora sold 4,172 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $70.36, for a total value of $293,541.92. Following the completion of the transaction, the chief accounting officer directly owned 65,692 shares in the company, valued at approximately $4,622,089.12. The trade was a 5.97% 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. Insiders sold 84,625 shares of company stock worth $6,024,953 in the last ninety days. Company insiders own 7.30% of the company’s stock.

RingCentral News Summary

Here are the key news stories impacting RingCentral this week:

Positive Sentiment: Better-than-expected earnings and guidance: RingCentral reported third-quarter adjusted earnings of $1.33 per share, ahead of the $1.27–$1.28 consensus, while revenue of $676.0 million exceeded estimates of $667.3 million. Earnings rose from $1.13 per share a year earlier, and revenue increased 5.8%. The company also raised fiscal 2026 guidance above analyst expectations, supporting the sharp premarket advance. Why RingCentral Shares Are Trading Higher by 15 Percent
Positive Sentiment: Analysts raised price targets: Needham lifted its target from $85 to $110 and maintained a “buy” rating, implying substantial upside from the reference price. Morgan Stanley raised its target from $41 to $91, though it kept an “equal weight” rating, signaling a more cautious view.
Positive Sentiment: New dividend declared: RingCentral announced a quarterly dividend of $0.125 per share, or $0.50 annualized. While the approximately 0.6% yield is modest, the payout may improve shareholder returns and investor confidence.
Neutral Sentiment: Momentum brings valuation concerns: RingCentral recently reached a new 52-week high, with investor attention focused on artificial-intelligence demand and future growth. Continued gains may depend on the company converting that demand into stronger revenue growth and profitability.
Negative Sentiment: Shareholder investigation adds legal risk: Levi & Korsinsky announced an investigation into possible fiduciary-duty breaches by certain RingCentral officers and directors. The announcement does not establish wrongdoing, but it could create reputational, litigation, and headline risk for shareholders. Shareholder Alert Regarding RingCentral Investigation

About RingCentral

(Get Free Report)

RingCentral, Inc is a provider of cloud-based business communications and collaboration solutions. Its platform enables organizations to manage business phone services, team messaging, video meetings, contact center operations and other communications through internet-based applications rather than traditional on-premises systems.

The company’s offerings include RingEX, a unified communications platform that combines voice, messaging and video; RingCentral Video for online meetings and collaboration; and RingCX, a cloud contact center solution.