Ribbon Communications (NASDAQ:RBBN) Rating Increased to Buy at B. Riley Financial

Ribbon Communications (NASDAQ:RBBN) was upgraded by equities research analysts at B. Riley Financial from a “neutral” rating to a “buy” rating in a research report issued on Wednesday, Marketbeat Ratings reports. The firm currently has a $3.30 price objective on the communications equipment provider’s stock. B. Riley Financial’s price objective points to a potential upside of 60.98% from the company’s previous close.

Several other brokerages have also recently issued reports on RBBN. Wall Street Zen cut Ribbon Communications from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Rosenblatt Securities lowered their target price on Ribbon Communications from $4.00 to $3.50 and set a “buy” rating for the company in a research report on Wednesday. Finally, Weiss Ratings cut shares of Ribbon Communications from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 11th. Five research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Ribbon Communications currently has an average rating of “Moderate Buy” and an average target price of $3.56.

Ribbon Communications Trading Up 0.5%

Ribbon Communications stock opened at $2.05 on Wednesday. The stock has a market cap of $361.09 million, a P/E ratio of 12.06 and a beta of 1.34. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.37 and a quick ratio of 1.09. Ribbon Communications has a 1 year low of $1.80 and a 1 year high of $4.24. The firm’s 50 day moving average price is $2.49 and its 200-day moving average price is $2.46.

Ribbon Communications (NASDAQ:RBBN) last issued its earnings results on Tuesday, July 28th. The communications equipment provider reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.02). The company had revenue of $192.34 million for the quarter, compared to the consensus estimate of $189.99 million. Ribbon Communications had a return on equity of 24.14% and a net margin of 3.80%.Ribbon Communications’s revenue was down 13.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.05 EPS. On average, equities analysts predict that Ribbon Communications will post 0.02 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. State Street Corp boosted its stake in shares of Ribbon Communications by 0.3% during the 4th quarter. State Street Corp now owns 2,099,793 shares of the communications equipment provider’s stock worth $6,047,000 after purchasing an additional 5,280 shares during the period. Alliancebernstein L.P. raised its position in Ribbon Communications by 5.3% in the 3rd quarter. Alliancebernstein L.P. now owns 119,317 shares of the communications equipment provider’s stock worth $453,000 after purchasing an additional 6,000 shares during the period. Susquehanna Fundamental Investments LLC lifted its stake in Ribbon Communications by 65.8% in the third quarter. Susquehanna Fundamental Investments LLC now owns 18,401 shares of the communications equipment provider’s stock worth $70,000 after purchasing an additional 7,301 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Ribbon Communications by 453.3% during the second quarter. Tower Research Capital LLC TRC now owns 10,025 shares of the communications equipment provider’s stock valued at $40,000 after buying an additional 8,213 shares during the period. Finally, Prelude Capital Management LLC raised its holdings in shares of Ribbon Communications by 38.3% in the third quarter. Prelude Capital Management LLC now owns 32,838 shares of the communications equipment provider’s stock worth $125,000 after buying an additional 9,100 shares during the period. Institutional investors own 70.92% of the company’s stock.

Ribbon Communications News Roundup

Here are the key news stories impacting Ribbon Communications this week:

• Positive Sentiment: Revenue rose 18% sequentially to approximately $192 million, exceeding analysts’ $189.99 million estimate. Adjusted EBITDA reached $12 million, and profitability improved by $20 million from the prior quarter. Ribbon Communications Inc. Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Management highlighted record quarterly IP Optical bookings, growth in North America, critical-infrastructure and data-center interconnect wins, and continued large-enterprise momentum. Salesforce selected Ribbon for its Agentforce Contact Center, providing a notable customer validation. Ribbon Communications Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Third-quarter revenue guidance of $215 million to $230 million brackets the $224.7 million consensus estimate. Full-year revenue guidance of $810 million to $840 million is also near, but slightly below, the $838.1 million analyst estimate, suggesting improving second-half expectations but limited upside to current forecasts. Ribbon Communications Earnings and Guidance
• Negative Sentiment: Ribbon posted an adjusted loss of $0.03 per share, missing the expected $0.01 loss and reversing year-ago earnings of $0.05 per share. Revenue declined 13% from $221 million a year earlier, while GAAP operating results fell to a $12 million loss from $4 million of income and gross margins contracted. Ribbon Communications Reports Q2 Loss, Tops Revenue Estimates

Ribbon Communications Company Profile

Ribbon Communications Inc is a global provider of real-time communications software and network solutions for service providers and enterprises. The company’s offerings address the full life cycle of voice, video and data transmission across fixed, mobile and cloud environments. Ribbon’s technology portfolio is designed to enable secure, intelligent and interoperable communications in applications such as unified communications, contact centers, wholesale VoIP interconnect and next-generation 5G networks.

Ribbon’s product suite includes session border controllers (SBCs), which secure and interwork IP voice and multimedia sessions; Diameter signaling controllers for 4G/5G policy and charging control; network edge virtualization platforms; and analytics engines for service assurance and fraud management.