RingCentral, Inc. (RNG)Technology | Software - Application | Belmont, United States | NYSE
69.38 USD
+0.85
(1.240%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 69.19 -0.19 (-0.190%) ⇩ (Aug. 28, 2026, 7:49 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:36 a.m. EDT
RingCentral presents a compelling short-term contrarian opportunity driven by a sharp divergence between price action and analyst sentiment. While the stock recently rallied to fresh highs, the consensus remains deeply bearish with a mean target price of $46, implying significant downside potential if the current momentum stalls. This disconnect creates a high-conviction setup for a momentum play: the stock is trading well above its 200-day average, yet the valuation metrics (low PEG, forward P/E of 12) suggest the market has already priced in a severe recession scenario. The options data confirms this tension, with heavy put buying establishing a 'floor' around the $55-57 zone while call buyers target a move toward $70-75. For a short-term trader, the thesis is to buy the dip on any pullback toward the $55-60 support zone, anticipating a rebound fueled by the AI narrative and the fact that the stock is fundamentally undervalued relative to its growth trajectory. However, investors must remain cautious of the 'value trap' narrative; the negative book value and mixed analyst opinions serve as a reminder that the recovery could be fragile if earnings fail to sustain their recent double-digit growth rates. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.387548 |
| AutoTheta | 0.393818 |
| AutoETS | 0.394166 |
| AutoARIMA | 0.394990 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 18.57 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.056 |
| Excess Kurtosis | -1.73 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Ex Dividend Date | 2026-08-20 |
| Last Dividend Date | 2026-08-05 |
| Revenue per Share | 29.966 |
| Market Cap | 5,793,657,344 |
| Trailing P/E | 55.06 |
| Forward P/E | 12.43 |
| Beta | 1.12 |
| Profit Margins | 4.27% |
| Website | https://www.ringcentral.com |
As of Aug. 22, 2026, 2:36 a.m. EDT: Speculators are positioning for a volatile range-bound outcome rather than a decisive breakout. Call volume is heavily skewed toward the money (strikes 65-67) and slightly out-of-the-money (70-75), suggesting a bullish bias but capped expectations. However, put volume is significantly higher, with massive open interest walls at strikes 56-57 and heavy flow into deep out-of-the-money strikes (25-37), indicating a strong floor defense strategy. The disparity in volume suggests traders are betting on a bounce from current lows but are hedging aggressively against a deeper decline.
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-06 | 0.125 | 0.202200 |
| 2026-06-02 | 0.075 | 0.161743 |
| 2026-03-09 | 0.075 | 0.179254 |
| Attribute | Value |
|---|---|
| 52 Week Change | 1.2617161 |
| Address1 | 20 Davis Drive |
| All Time High | 449.0 |
| All Time Low | 10.02 |
| Ask | 69.32 |
| Ask Size | 100 |
| Audit Risk | 1 |
| Average Analyst Rating | 2.4 - Buy |
| Average Daily Volume10 Day | 1,344,340 |
| Average Daily Volume3 Month | 1,873,332 |
| Average Volume | 1,873,332 |
| Average Volume10Days | 1,344,340 |
| Beta | 1.117 |
| Bid | 66.66 |
| Bid Size | 300 |
| Board Risk | 8 |
| Book Value | -7.287 |
| City | Belmont |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 69.38 |
| Current Ratio | 1.106 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 70.425 |
| Day Low | 68.79 |
| Display Name | RingCentral |
| Dividend Date | 1,787,184,000 |
| Dividend Rate | 0.28 |
| Dividend Yield | 0.4 |
| Earnings Call Timestamp End | 1,784,840,400 |
| Earnings Call Timestamp Start | 1,784,840,400 |
| Earnings Growth | 2.214 |
| Earnings Quarterly Growth | 1.965 |
| Earnings Timestamp | 1,784,836,800 |
| Earnings Timestamp End | 1,793,908,800 |
| Earnings Timestamp Start | 1,793,908,800 |
| Ebitda | 414,564,992 |
| Ebitda Margins | 0.16044001 |
| Enterprise To Ebitda | 16.997 |
| Enterprise To Revenue | 2.727 |
| Enterprise Value | 7,046,296,576 |
| Eps Current Year | 5.06997 |
| Eps Forward | 5.57945 |
| Eps Trailing Twelve Months | 1.26 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,787,270,400 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 50.4202 |
| Fifty Day Average Change | 18.959797 |
| Fifty Day Average Change Percent | 0.37603572 |
| Fifty Two Week Change Percent | 126.171616 |
| Fifty Two Week High | 70.425 |
| Fifty Two Week High Change | -1.0450058 |
| Fifty Two Week High Change Percent | -0.014838562 |
| Fifty Two Week Low | 24.14 |
| Fifty Two Week Low Change | 45.239998 |
| Fifty Two Week Low Change Percent | 1.8740679 |
| Fifty Two Week Range | 24.14 - 70.425 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,380,288,600,000 |
| Float Shares | 72,545,143 |
| Forward Eps | 5.57945 |
| Forward P E | 12.4349165 |
| Free Cashflow | 639,506,496 |
| Full Exchange Name | NYSE |
| Full Time Employees | 7,378 |
| Fullday Change | 0.849998 |
| Fullday Change Percent | 1.24033 |
| Fullday Price | 69.19 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.71861 |
| Gross Profits | 1,856,802,944 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.012359999 |
| Held Percent Institutions | 1.18975 |
| Implied Shares Outstanding | 83,506,162 |
| Industry | Software - Application |
| Industry Disp | Software - Application |
| Industry Key | software-application |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,785,974,400 |
| Last Dividend Value | 0.125 |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | RingCentral, Inc., an agentic voice AIpowered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging. The company's products include RingEX, a AI-powered unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that delivers AI-powered omni-channel and workforce engagement solutions; RingCentral Customer Engagement Bundle, a comprehensive solution that includes phone, messaging, and SMS for businesses; and RingCX, a contact center as a service solution for AI-powered customer engagement with CRM integrations. It also offers artificial intelligence (AI) solutions, such as AI Receptionist, a voice AI agent that automates and handles inbound communication; AI Virtual Assistant, which provides real time call and meeting summaries, capturing key points, open questions and action items; AI-based Quality Management, an automated conversation evaluation platform to identify compliance risks, coaching opportunities, and performance insights; AI Agent Assist, a real-time AI guidance for agents; AI Supervisor Assist, a real-time AI insights and recommendations for supervisors; and RingCentral Events, a virtual and hybrid events platform for multi-session conferences, branded experiences, registration, and attendee networking with AI-powered engagement tools. It serves a range of industries, including healthcare, financial and professional services, retail, state and local government, education, legal services, real estate, technology, insurance, construction and hospitality, and others. The company sells its products to enterprise customers, and small and medium-sized businesses through resellers and distributors, partners, and global service providers. RingCentral, Inc. was incorporated in 1999 and is headquartered in Belmont, California. |
| Long Name | RingCentral, Inc. |
| Market | us_market |
| Market Cap | 5,793,657,344 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_2398691 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 110,259,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 5,722,677,281 |
| Number Of Analyst Opinions | 13 |
| Open | 69.68 |
| Operating Cashflow | 670,830,976 |
| Operating Margins | 0.08796 |
| Overall Risk | 10 |
| Payout Ratio | 0.12 |
| Peg Ratio | 0.36 |
| Phone | 650 472 4100 |
| Post Market Change | -0.18999481 |
| Post Market Change Percent | -0.27384666 |
| Post Market Price | 69.19 |
| Post Market Time | 1,787,960,942 |
| Previous Close | 68.53 |
| Price Eps Current Year | 13.684498 |
| Price Hint | 2 |
| Price To Book | -9.521065 |
| Price To Sales Trailing12 Months | 2.2422159 |
| Profit Margins | 0.04267 |
| Quick Ratio | 0.755 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.42857 |
| Region | US |
| Regular Market Change | 0.849998 |
| Regular Market Change Percent | 1.24033 |
| Regular Market Day High | 70.425 |
| Regular Market Day Low | 68.79 |
| Regular Market Day Range | 68.79 - 70.425 |
| Regular Market Open | 69.68 |
| Regular Market Previous Close | 68.53 |
| Regular Market Price | 69.38 |
| Regular Market Time | 1,787,947,203 |
| Regular Market Volume | 1,442,190 |
| Return On Assets | 0.078660004 |
| Revenue Growth | 0.059 |
| Revenue Per Share | 29.966 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 10 |
| Shares Outstanding | 73,736,624 |
| Shares Percent Shares Out | 0.0846 |
| Shares Short | 7,062,139 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 8,806,800 |
| Short Name | Ringcentral, Inc. |
| Short Percent Of Float | 0.16360001 |
| Short Ratio | 2.91 |
| Source Interval | 15 |
| State | CA |
| Symbol | RNG |
| Target High Price | 80.0 |
| Target Low Price | 38.0 |
| Target Mean Price | 50.53846 |
| Target Median Price | 45.0 |
| Total Cash | 111,501,000 |
| Total Cash Per Share | 1.335 |
| Total Debt | 1,164,690,944 |
| Total Revenue | 2,583,898,112 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.15 |
| Trailing Annual Dividend Yield | 0.0021888225 |
| Trailing Eps | 1.26 |
| Trailing P E | 55.06349 |
| Trailing Peg Ratio | 0.3733 |
| Triggerable | 1 |
| Two Hundred Day Average | 38.48765 |
| Two Hundred Day Average Change | 30.892345 |
| Two Hundred Day Average Change Percent | 0.802656 |
| Type Disp | Equity |
| Volume | 1,442,190 |
| Website | https://www.ringcentral.com |
| Zip | 94,002 |