Rosenblatt Securities Boosts Ringcentral (NYSE:RNG) Price Target to $37.50

Ringcentral (NYSE:RNG) had its price objective increased by analysts at Rosenblatt Securities from $32.00 to $37.50 in a research report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the software maker’s stock. Rosenblatt Securities’ price objective suggests a potential downside of 5.06% from the company’s previous close.

Several other research firms have also recently commented on RNG. Morgan Stanley dropped their price objective on Ringcentral from $31.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 15th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ringcentral in a report on Monday, December 29th. Zacks Research lowered shares of Ringcentral from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 3rd. Finally, Needham & Company LLC reissued a “buy” rating and set a $36.00 price objective on shares of Ringcentral in a report on Tuesday, November 4th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $32.88.

Ringcentral Price Performance

Shares of NYSE:RNG opened at $39.50 on Friday. The business has a fifty day moving average price of $28.38 and a 200-day moving average price of $28.90. The company has a market capitalization of $3.42 billion, a PE ratio of 82.29, a PEG ratio of 1.63 and a beta of 1.23. Ringcentral has a 1-year low of $20.58 and a 1-year high of $40.64.

Ringcentral (NYSE:RNG) last announced its quarterly earnings data on Thursday, February 19th. The software maker reported $1.18 EPS for the quarter, beating the consensus estimate of $1.14 by $0.04. The company had revenue of $644.03 million for the quarter, compared to the consensus estimate of $643.52 million. Ringcentral had a net margin of 1.73% and a negative return on equity of 29.05%. Ringcentral’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.98 EPS. Ringcentral has set its FY 2026 guidance at 4.760-4.970 EPS and its Q1 2026 guidance at 1.160-1.190 EPS. On average, sell-side analysts anticipate that Ringcentral will post 1.29 earnings per share for the current fiscal year.

Insider Buying and Selling at Ringcentral

In related news, CAO Tarun Arora sold 3,888 shares of the company’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $28.70, for a total transaction of $111,585.60. Following the completion of the transaction, the chief accounting officer owned 93,412 shares in the company, valued at approximately $2,680,924.40. This represents a 4.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Kira Makagon sold 6,495 shares of the firm’s stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $29.22, for a total value of $189,783.90. Following the transaction, the chief operating officer owned 336,162 shares of the company’s stock, valued at $9,822,653.64. This represents a 1.90% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 53,141 shares of company stock valued at $1,491,632. Insiders own 7.30% of the company’s stock.

Hedge Funds Weigh In On Ringcentral

Institutional investors have recently bought and sold shares of the business. Global Retirement Partners LLC grew its stake in shares of Ringcentral by 98.5% in the 3rd quarter. Global Retirement Partners LLC now owns 901 shares of the software maker’s stock worth $26,000 after buying an additional 447 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Ringcentral by 269.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,012 shares of the software maker’s stock valued at $29,000 after acquiring an additional 738 shares during the last quarter. Harvest Fund Management Co. Ltd purchased a new position in Ringcentral in the third quarter worth about $30,000. Jones Financial Companies Lllp increased its stake in Ringcentral by 61.6% during the third quarter. Jones Financial Companies Lllp now owns 1,217 shares of the software maker’s stock worth $37,000 after acquiring an additional 464 shares during the last quarter. Finally, Covestor Ltd raised its position in Ringcentral by 198.5% during the fourth quarter. Covestor Ltd now owns 1,594 shares of the software maker’s stock valued at $46,000 after purchasing an additional 1,060 shares during the period. Institutional investors own 98.61% of the company’s stock.

Key Headlines Impacting Ringcentral

Here are the key news stories impacting Ringcentral this week:

• Positive Sentiment: Q4 beat and stronger guidance — RNG reported $1.18 EPS and $644.0M revenue, topping estimates, with subscription sales and margins improving; management raised FY‑2026 EPS and Q1 EPS guidance well above Street expectations, underpinning the move higher. MarketBeat Q4 release
• Positive Sentiment: AI momentum cited as driver — Management and coverage note that RingCentral’s AI features are lifting bookings and revenue trends, helping convince investors that the company can sustain growth vs. other software names. CNBC AI / rally article
• Positive Sentiment: Earnings coverage and analyst commentary reinforce the beat — Multiple outlets and earnings notes highlight improved subscription trends and margin expansion, supporting investor confidence in the company’s execution. Zacks Q4 coverage
• Positive Sentiment: Unusual call buying — Options flow showed a large spike in call purchases, signaling speculative or institutional bullish positioning that can amplify intraday moves. Options activity note
• Neutral Sentiment: Analyst target updates mixed — Rosenblatt raised its price target and maintained a buy rating, a supportive signal, though some targets and commentary vary across brokers. Benzinga note
• Neutral Sentiment: Small quarterly dividend declared — RingCentral announced a $0.075 per‑share dividend (ex‑dividend March 9), a modest yield that is unlikely to be a major stock mover. Dividend announcement
• Negative Sentiment: Valuation and risk attention — Coverage of RNG joining S&P indices also flags valuation and other risks, which could cap upside if investors focus on stretched multiples and execution risks. Yahoo S&P indices article
• Negative Sentiment: Profitability metrics still mixed — Reports note a very low net margin and negative return on equity, which may keep longer‑term skeptics cautious despite the quarter’s beat. Earnings call transcript

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.