NYSE: RNG

Ringcentral Inc Stock Forecast, Predictions & Price Target

The consensus among 13 Wall Street analysts covering (NYSE: RNG) stock is to Buy RNG stock.

Out of 13 analysts, 3 (23.08%) are recommending RNG as a Strong Buy, 1 (7.69%) are recommending RNG as a Buy, 9 (69.23%) are recommending RNG as a Hold, 0 (0%) are recommending RNG as a Sell, and 0 (0%) are recommending RNG as a Strong Sell.

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(NYSE: RNG) Ringcentral's forecast annual revenue growth rate of 6.93% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 14.4%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.95%.

Ringcentral's revenue in 2024 is $2,252,951,000.On average, 9 Wall Street analysts forecast RNG's revenue for 2024 to be $220,188,560,083, with the lowest RNG revenue forecast at $219,467,665,751, and the highest RNG revenue forecast at $220,609,703,953. On average, 8 Wall Street analysts forecast RNG's revenue for 2025 to be $238,217,001,884, with the lowest RNG revenue forecast at $235,634,096,760, and the highest RNG revenue forecast at $240,583,850,709.

In 2026, RNG is forecast to generate $252,969,204,311 in revenue, with the lowest revenue forecast at $249,930,313,474 and the highest revenue forecast at $254,990,676,450.

According to 13 Wall Street analysts that have issued a 1 year RNG price target, the average RNG price target is $37.39, with the highest RNG stock price forecast at $48.00 and the lowest RNG stock price forecast at $32.00.

On average, Wall Street analysts predict that Ringcentral's share price could reach $37.39 by May 9, 2025. The average Ringcentral stock price prediction forecasts a potential upside of 1.26% from the current RNG share price of $36.92.

(NYSE: RNG) forecast ROE is N/A, which is considered weak.