Analysts think RBBN stock price could increase by 78%
Aug 30, 2024, 6:25 AM
-5.09%
What does RBBN do
Ribbon Communications, headquartered in Plano, Texas, specializes in communications software and networking solutions for service providers and enterprises, employing 3,107 staff since its IPO on September 13, 2004. The company operates in two segments: Cloud and Edge, focusing on VoIP and collaboration, and IP Optical Networks, providing secure solutions for high-performance networking and optical transport.
7 analysts think RBBN stock price will increase by 78.17%. The current median analyst target is $6.12 compared to a current stock price of $3.44. The lowest analysts target is $5.05 and the highest analyst target is $6.30.
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