Ringcentral (NYSE:RNG) Releases FY 2026 Earnings Guidance

Ringcentral (NYSE:RNG) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.760-4.970 for the period, compared to the consensus earnings per share estimate of 3.850. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion. Ringcentral also updated its Q1 2026 guidance to 1.160-1.190 EPS.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on RNG. Needham & Company LLC reissued a “buy” rating and issued a $36.00 target price on shares of Ringcentral in a report on Tuesday, November 4th. Morgan Stanley reduced their price target on shares of Ringcentral from $31.00 to $30.00 and set an “equal weight” rating for the company in a research report on Thursday, January 15th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Ringcentral in a research note on Monday, December 29th. Zacks Research lowered shares of Ringcentral from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 3rd. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $32.00 price target on shares of Ringcentral in a research report on Tuesday, November 4th. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $31.46.

Ringcentral Stock Down 0.3%

RNG stock traded down $0.08 during trading on Thursday, reaching $29.48. The company’s stock had a trading volume of 3,814,338 shares, compared to its average volume of 2,348,105. The company’s fifty day moving average is $28.24 and its 200-day moving average is $28.75. Ringcentral has a 1 year low of $20.58 and a 1 year high of $32.76. The company has a market capitalization of $2.55 billion, a P/E ratio of 210.56, a price-to-earnings-growth ratio of 1.20 and a beta of 1.23.

Ringcentral (NYSE:RNG) last announced its quarterly earnings data on Thursday, February 19th. The software maker reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.52). Ringcentral had a net margin of 0.53% and a negative return on equity of 22.38%. Ringcentral has set its FY 2026 guidance at 4.760-4.970 EPS and its Q1 2026 guidance at 1.160-1.190 EPS. Analysts anticipate that Ringcentral will post 1.29 earnings per share for the current year.

Insider Buying and Selling at Ringcentral

In other news, CEO Vladimir Shmunis sold 27,018 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $27.68, for a total value of $747,858.24. Following the sale, the chief executive officer directly owned 262,240 shares in the company, valued at $7,258,803.20. The trade was a 9.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Tarun Arora sold 3,888 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $28.70, for a total transaction of $111,585.60. Following the sale, the chief accounting officer owned 93,412 shares in the company, valued at $2,680,924.40. This represents a 4.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 114,956 shares of company stock worth $3,139,914 in the last ninety days. Company insiders own 7.30% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Xponance LLC lifted its holdings in Ringcentral by 4.0% during the fourth quarter. Xponance LLC now owns 12,059 shares of the software maker’s stock worth $348,000 after buying an additional 464 shares during the period. California State Teachers Retirement System increased its holdings in shares of Ringcentral by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 68,575 shares of the software maker’s stock valued at $1,944,000 after acquiring an additional 524 shares during the period. Global Retirement Partners LLC raised its position in shares of Ringcentral by 70.9% in the 4th quarter. Global Retirement Partners LLC now owns 1,540 shares of the software maker’s stock worth $44,000 after acquiring an additional 639 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of Ringcentral by 43.8% during the 4th quarter. Parallel Advisors LLC now owns 2,230 shares of the software maker’s stock worth $64,000 after purchasing an additional 679 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in Ringcentral by 7.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,313 shares of the software maker’s stock valued at $298,000 after purchasing an additional 728 shares in the last quarter. Hedge funds and other institutional investors own 98.61% of the company’s stock.

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.