Investment Analysts’ Recent Ratings Changes for RingCentral (RNG)

A number of research firms have changed their ratings and price targets for RingCentral (NYSE: RNG):

• 5/11/2026 – RingCentral had its price target raised by Morgan Stanley from $33.00 to $40.00. They now have an “equal weight” rating on the stock.
• 5/9/2026 – RingCentral had its “hold” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $40.00 price target on the stock.
• 5/8/2026 – RingCentral was given a new $45.00 price target by Robert W. Baird.
• 5/8/2026 – RingCentral had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $50.00 price target on the stock.
• 5/8/2026 – RingCentral had its price target raised by Wells Fargo & Company from $32.00 to $43.00. They now have an “equal weight” rating on the stock.
• 5/8/2026 – RingCentral had its price target raised by Rosenblatt Securities from $45.00 to $50.00. They now have a “buy” rating on the stock.

RingCentral Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Tuesday, June 2nd will be paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Tuesday, June 2nd. RingCentral’s payout ratio is 31.91%.

Insider Buying and Selling

In related news, CFO Vaibhav Agarwal sold 4,044 shares of RingCentral stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $42.06, for a total value of $170,090.64. Following the completion of the sale, the chief financial officer owned 132,181 shares in the company, valued at approximately $5,559,532.86. The trade was a 2.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Tarun Arora sold 919 shares of RingCentral stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $42.66, for a total transaction of $39,204.54. Following the completion of the sale, the chief accounting officer owned 71,715 shares of the company’s stock, valued at approximately $3,059,361.90. This trade represents a 1.27% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 62,237 shares of company stock worth $2,472,398. Insiders own 7.30% of the company’s stock.

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.