RI

RingCentral

RNG
NYSEInformation Technology
$45.63
USD
+0.24(+0.53%)
At close: May 08, 20:00 UTC
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Open

$45.03

Prev. Close

$44.95

High

$45.75

Low

$45.03

Market Snapshot

Market Cap

$3.95B

P/E Ratio

91.0

EPS

-0.64

Revenue

$2.4B

Why RNG moved

Rosenblatt Securities raised RingCentral’s price target to $50 following a strong earnings report, with the company posting earnings of $1.20 per share.

About

RingCentral, Inc. engages in the provision of global enterprise cloud communications and collaboration solutions. The company is headquartered in Belmont California, California and currently employs 7,378 full-time employees. The company went IPO on 2013-09-27. The firm's agentic AI portfolio includes autonomous voice-first AI agents that automate calls, assist in the moment, and analyze every interaction. Its multi-product portfolio includes RingEX, RingCentral Contact Center, RingCX, RingCentral Customer Engagement Bundle, RingCentral Artificial Intelligence Solutions, RingCentral for Microsoft Teams, and RingCentral Events. RingEX is its AI-powered Unified Communications as a Service (UCaaS) platform, enabling collaboration across voice, messaging, and video. RingCentral Contact Center is a collaborative contact center solution that delivers AI-powered omni-channel and workforce engagement solutions integrated with RingEX. RingCX provides Contact Center as a Service (CCaaS) solution.

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