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Ribbon Communications Inc. (RBBN)

Technology | Software - Application | Plano, United States | NasdaqGS
2.03 USD +0.03 (1.500%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 2.03

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:19 a.m. EDT

The investment case here is fractured by a severe disconnect between the company's deteriorating fundamentals and the aggressive speculative positioning in the options market. Fundamentally, the business is struggling: revenue has contracted by nearly 13%, operating margins are deeply negative at -4%, and the stock has lost more than half its value over the last nine years. The balance sheet is precarious, with debt significantly outweighing equity and cash on hand. While the forward P/E looks attractive, it masks the reality of shrinking earnings and a lack of sustainable profitability. The short-term rating is held at a modest 2.0 because the options data reveals a stark divergence from the fundamental outlook. Traders are pouring capital into deep out-of-the-money calls, betting on a massive rally, yet this is a contrarian signal against the weight of the data. The statistical forecast model, which relies on recent price noise, also leans slightly negative. Without a confirmed turnaround in revenue growth or a resolution to the leverage issues mentioned in recent headlines, the 'buy' signal from the options flow appears to be a gamble on volatility rather than a conviction in the business's recovery. Until the fundamentals show a sustained reversal, the risk of further downside outweighs the potential for a speculative pop.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.428168
AutoARIMA0.606241
AutoETS0.619259
MSTL0.624089

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 36%
H-stat 4.95
Ljung-Box p 0.000
Jarque-Bera p 0.103
Excess Kurtosis -0.49
Attribute Value
Sector Technology
Debt to Equity Ratio 101.131
Revenue per Share 4.524
Market Cap 363,011,424
Trailing P/E 25.38
Forward P/E 13.01
Beta 1.37
Profit Margins 1.96%
Website https://www.ribboncommunications.com

As of Aug. 22, 2026, 5:19 a.m. EDT: Speculators are positioning for a significant gap-up, with heavy call volume concentrated at the $5.00 strike (a 146% distance from current prices) across multiple expirations, while put activity remains negligible and confined to the money. This asymmetry suggests a speculative bet on a major catalyst or recovery rather than a hedging strategy.


Info Dump

Attribute Value
52 Week Change -0.50248754
Address1 6,500 Chase Oaks Boulevard
Address2 Suite 100
All Time High 468.33334
All Time Low 0.1
Ask 2.54
Ask Size 2
Audit Risk 1
Average Daily Volume10 Day 673,060
Average Daily Volume3 Month 777,680
Average Volume 777,680
Average Volume10Days 673,060
Beta 1.371
Bid 1.44
Bid Size 2
Board Risk 5
Book Value 2.196
City Plano
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.03
Current Ratio 1.311
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 2.035
Day Low 1.97
Debt To Equity 101.131
Display Name Ribbon Communications
Earnings Call Timestamp End 1,785,270,600
Earnings Call Timestamp Start 1,785,270,600
Earnings Timestamp 1,785,268,800
Earnings Timestamp End 1,792,612,800
Earnings Timestamp Start 1,792,612,800
Ebitda 47,603,000
Ebitda Margins 0.05968
Enterprise To Ebitda 15.052
Enterprise To Revenue 0.898
Enterprise Value 716,512,384
Eps Current Year 0.06
Eps Forward 0.156
Eps Trailing Twelve Months 0.08
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 972 265 3600
Fifty Day Average 2.171
Fifty Day Average Change -0.14100003
Fifty Day Average Change Percent -0.06494705
Fifty Two Week Change Percent -50.248753
Fifty Two Week High 4.24
Fifty Two Week High Change -2.2099998
Fifty Two Week High Change Percent -0.5212264
Fifty Two Week Low 1.8
Fifty Two Week Low Change 0.23000002
Fifty Two Week Low Change Percent 0.12777779
Fifty Two Week Range 1.8 - 4.24
Financial Currency USD
First Trade Date Milliseconds 959,261,400,000
Float Shares 92,510,685
Forward Eps 0.156
Forward P E 13.01282
Free Cashflow 39,816,000
Full Exchange Name NasdaqGS
Full Time Employees 3,080
Fullday Change 0.03
Fullday Change Percent 1.5
Fullday Price 2.03
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.51108
Gross Profits 407,657,984
Has Pre Post Market Data 1
Held Percent Insiders 0.18836
Held Percent Institutions 0.73233
Implied Shares Outstanding 178,823,352
Industry Software - Application
Industry Disp Software - Application
Industry Key software-application
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,422,576,000
Last Split Factor 1:5
Long Business Summary Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products, solutions, and services for voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications, and unified communications and collaboration. It also offers session border controllers; and network transformation products, such as call controllers, media gateways, and application servers. This segment serves private, public, hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. The IP Optical Networks segment provides hardware and software products and solutions for IP networking, switching, routing, and optical transport for technologies comprising 5G, distributed cloud computing, and corresponding applications. It also offers multiple solutions, including 5G-native solutions for mobile-backhaul, metro and edge aggregation, core networking, data center interconnect, multi-service access, and transport solutions for wholesale carriers. This segment serves utilities, government, defense, finance, transportation, and education and research industries, as well as service providers and enterprises. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano, Texas.
Long Name Ribbon Communications Inc.
Market us_market
Market Cap 363,011,424
Market State CLOSED
Max Age 86,400
Message Board Id finmb_34555
Most Recent Quarter 1,782,777,600
Net Income To Common 15,596,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 357,646,704
Number Of Analyst Opinions 5
Open 2.0
Operating Cashflow 22,231,000
Operating Margins -0.040430002
Overall Risk 6
Payout Ratio 0.0
Peg Ratio 0.57
Phone 978 614 8100
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 2.03
Post Market Time 1,787,959,805
Previous Close 2.0
Price Eps Current Year 33.833332
Price Hint 4
Price To Book 0.92440796
Price To Sales Trailing12 Months 0.45510685
Profit Margins 0.019550001
Quick Ratio 0.853
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.03
Regular Market Change Percent 1.5
Regular Market Day High 2.035
Regular Market Day Low 1.97
Regular Market Day Range 1.97 - 2.035
Regular Market Open 2.0
Regular Market Previous Close 2.0
Regular Market Price 2.03
Regular Market Time 1,787,947,200
Regular Market Volume 580,319
Return On Assets -0.00654
Return On Equity 0.04088
Revenue Growth -0.128
Revenue Per Share 4.524
Sand P52 Week Change 0.20504117
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 4
Shares Outstanding 178,823,352
Shares Percent Shares Out 0.0247
Shares Short 4,423,423
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 4,161,563
Short Name Ribbon Communications Inc.
Short Percent Of Float 0.0463
Short Ratio 5.46
Source Interval 15
State TX
Symbol RBBN
Target High Price 4.0
Target Low Price 3.0
Target Mean Price 3.56
Target Median Price 3.5
Total Cash 43,510,000
Total Cash Per Share 0.243
Total Debt 397,011,008
Total Revenue 797,640,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.08
Trailing P E 25.375
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.51035
Two Hundred Day Average Change -0.48035002
Two Hundred Day Average Change Percent -0.19134782
Type Disp Equity
Volume 580,319
Website https://www.ribboncommunications.com
Zip 75,023