RingCentral, Inc.

RNG

US76680R2067

Software

Market Closed - Nyse Other stock markets 04:00:02 2024-05-17 pm EDT			5-day change	1st Jan Change
36.92 ^USD	+0.93%		+4.26%	+8.75%

May. 15	Vodafone Business Ireland and RingCentral Unveil Innovative Hybrid Work Solution, Facilitating Seamless Collaboration Across Devices and Locations	CI
May. 14	Transcript : RingCentral, Inc. Presents at Needham 19th Annual Technology, Media & Consumer Conference, May-14-2024 10:15 AM

RingCentral, Inc. Raised Earnings Guidance for the Full Year 2024

May 07, 2024 at 04:05 pm EDT

RingCentral, Inc. Raised earnings guidance for the full year 2024. For the full year 2024, the company Raised total revenue range of $2.379 to $2.399 billion, representing annual growth of 8% to 9%.

Latest news about RingCentral, Inc.

Vodafone Business Ireland and RingCentral Unveil Innovative Hybrid Work Solution, Facilitating Seamless Collaboration Across Devices and Locations	May. 15	CI
Transcript : RingCentral, Inc. Presents at Needham 19th Annual Technology, Media & Consumer Conference, May-14-2024 10:15 AM	May. 14
RingCentral, Avaya Expand Partnership to Enhance Customers' Communications, Collaboration Experiences	May. 13	MT
Baird Raises Price Target on RingCentral to $35 From $32, Keeps Neutral Rating	May. 09	MT
Deutsche Bank Raises RingCentral Price Target to $42 From $38, Maintains Buy Rating	May. 09	MT
Wells Fargo Raises Price Target on RingCentral to $33 From $31, Maintains Equalweight Rating	May. 08	MT
Mizuho Adjusts RingCentral's Price Target to $38 From $36, Keeps Buy Rating	May. 08	MT
UBS Adjusts Price Target on RingCentral to $40 From $37, Maintains Neutral Rating	May. 08	MT
RingCentral's Q1 Non-GAAP Earnings, Revenue Advance; 2024 Outlook Boosted	May. 08	MT
Transcript : RingCentral, Inc., Q1 2024 Earnings Call, May 07, 2024	May. 07
Earnings Flash (RNG) RINGCENTRAL Posts Q1 Revenue $584M, vs. Street Est of $578.2M	May. 07	MT
Earnings Flash (RNG) RINGCENTRAL Reports Q1 EPS $0.87, vs. Street Est of $0.80	May. 07	MT
RingCentral, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 07	CI
RingCentral, Inc. Provides Earnings Guidance for the Second Quarter of Full Year 2024	May. 07	CI
RingCentral, Inc. Raised Earnings Guidance for the Full Year 2024	May. 07	CI
RingCentral, Inc. Expands Platform Leadership with RingSense AI APIs and Workflow Builder	Apr. 30	CI
Morgan Stanley Cuts Price Target on RingCentral to $32 From $35, Keeps Equalweight Rating	Apr. 17	MT
San Francisco Giants Names RingCentral, Inc. as an Official Enterprise Cloud Communications Partner	Apr. 11	CI
RingCentral Expands Global Footprint and Drives Adoption Momentum of RingCX, AI-Powered Contact Center	Mar. 26	CI
RingCentral Reimagines the Business Phone System with Real-Time AI	Mar. 25	CI
RingCentral Insider Sold Shares Worth $491,655, According to a Recent SEC Filing	Mar. 18	MT
Eckoh inks partnership with RingCentral in US	Mar. 12	AN
Singtel Optus Pty Limited Selects RingCentral to Power Cloud Communications for Australian Businesses	Mar. 11	CI
Transcript : RingCentral, Inc. Presents at Morgan Stanley?s Technology, Media & Telecom Conference 2024, Mar-04-2024 08:45 AM	Mar. 04
Transcript : RingCentral, Inc. Presents at The J.P. Morgan Global High Yield & Leveraged Finance Conference 2024, Feb-26-2024 11:00 AM	Feb. 26

RingCentral, Inc. is a provider of artificial intelligence (AI)-driven cloud business communications, contact center, video, and hybrid event solutions. The Companyâs cloud-based business communications, collaboration, and customer engagement solutions function across multiple locations and devices, including smartphones, tablets, personal computers (PCs) and desk phones. The Company offers a fully integrated business communications platform, which includes cloud private branch exchanges (PBX), cloud contact center, video meetings and webinars, and events. Its product portfolio includes RingCentral MVP, Contact Center as a Service (CCaaS), RingCentral Video, RingCentral Events, and RingSense. RingCentral MVP is a unified Communications as a Service (UCaaS) platform, which includes team messaging, video meetings, and a cloud phone system. RingCentral Video is a video meeting solution with team messaging that enables smart video meetings, rooms solutions, and webinars.

Sector

Software

Calendar

2024-05-20 - J.P. Morgan Global Technology, Media and Communications Conference

More about the company

Income Statement Evolution

More financial data

Ratings for RingCentral, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

36.92 USD

Average target price

40.55 USD

Spread / Average Target

+9.82%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Enterprise Software

	1st Jan change	Capi.
RINGCENTRAL, INC.	+8.75%	3.4B
ORACLE CORPORATION	+17.16%	339B
SERVICENOW, INC.	+8.29%	157B
CONSTELLATION SOFTWARE INC.	+12.47%	57.55B
FAIR ISAAC CORPORATION	+21.25%	34.88B
HUBSPOT, INC.	+5.99%	31.36B
MICROSTRATEGY INCORPORATED	+150.86%	28.1B
WISETECH GLOBAL LIMITED	+30.09%	21.68B
TOAST, INC.	+47.81%	14.98B
ASPEN TECHNOLOGY, INC.	+0.52%	14.05B

Enterprise Software

RingCentral, Inc.

Equities

RNG

US76680R2067

Software

RingCentral, Inc. Raised Earnings Guidance for the Full Year 2024

Latest news about RingCentral, Inc.

Chart RingCentral, Inc.

Company Profile

Income Statement Evolution

Ratings for RingCentral, Inc.

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Enterprise Software