RingCentral (NYSE:RNG) Issues FY 2026 Earnings Guidance

RingCentral (NYSE:RNG) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 5.070-5.120 for the period, compared to the consensus estimate of 4.610. The company issued revenue guidance of $2.7 billion, compared to the consensus revenue estimate of $2.6 billion. RingCentral also updated its Q4 2026 guidance to 1.320-1.370 EPS.

Wall Street Analysts Forecast Growth

RNG has been the subject of a number of recent research reports. Piper Sandler reissued a “neutral” rating on shares of RingCentral in a research report on Friday. Rosenblatt Securities reaffirmed a “buy” rating and set a $50.00 price target on shares of RingCentral in a research report on Friday, July 24th. Mizuho raised their price objective on RingCentral from $38.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. UBS Group set a $91.00 target price on RingCentral in a research report on Friday. Finally, Morgan Stanley boosted their target price on RingCentral from $41.00 to $91.00 and gave the stock an “equal weight” rating in a research report on Friday. Five research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, RingCentral presently has an average rating of “Hold” and a consensus price target of $72.50.

RingCentral Trading Up 11.5%

Shares of RNG stock opened at $88.53 on Friday. The stock has a market capitalization of $7.39 billion, a price-to-earnings ratio of 71.62, a P/E/G ratio of 1.43 and a beta of 1.10. The stock has a fifty day simple moving average of $73.63 and a two-hundred day simple moving average of $54.03. RingCentral has a twelve month low of $24.14 and a twelve month high of $89.01.

RingCentral (NYSE:RNG) last announced its quarterly earnings results on Thursday, October 22nd. The software maker reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.05. The firm had revenue of $676.04 million during the quarter, compared to analysts’ expectations of $667.30 million. RingCentral had a net margin of 4.27% and a negative return on equity of 34.49%. The company’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.13 EPS. Research analysts predict that RingCentral will post 2.89 EPS for the current fiscal year.

RingCentral Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Stockholders of record on Friday, November 6th will be given a $0.1250 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.6%. RingCentral’s dividend payout ratio (DPR) is presently 40.00%.

Insider Buying and Selling at RingCentral

In other news, Director Amy Shenkan sold 1,264 shares of the stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $78.89, for a total value of $99,716.96. Following the transaction, the director directly owned 28,108 shares of the company’s stock, valued at approximately $2,217,440.12. This represents a 4.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Agarwal sold 7,046 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $72.10, for a total transaction of $508,016.60. Following the transaction, the chief financial officer directly owned 146,700 shares of the company’s stock, valued at approximately $10,577,070. This trade represents a 4.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. In the last ninety days, insiders sold 84,625 shares of company stock valued at $6,024,953. Company insiders own 7.30% of the company’s stock.

RingCentral News Roundup

Here are the key news stories impacting RingCentral this week:

• Positive Sentiment: Better-than-expected earnings and guidance: RingCentral reported third-quarter adjusted earnings of $1.33 per share, ahead of the $1.27–$1.28 consensus, while revenue of $676.0 million exceeded estimates of $667.3 million. Earnings rose from $1.13 per share a year earlier, and revenue increased 5.8%. The company also raised fiscal 2026 guidance above analyst expectations, supporting the sharp premarket advance. Why RingCentral Shares Are Trading Higher by 15 Percent
• Positive Sentiment: Analysts raised price targets: Needham lifted its target from $85 to $110 and maintained a “buy” rating, implying substantial upside from the reference price. Morgan Stanley raised its target from $41 to $91, though it kept an “equal weight” rating, signaling a more cautious view.
• Positive Sentiment: New dividend declared: RingCentral announced a quarterly dividend of $0.125 per share, or $0.50 annualized. While the approximately 0.6% yield is modest, the payout may improve shareholder returns and investor confidence.
• Neutral Sentiment: Momentum brings valuation concerns: RingCentral recently reached a new 52-week high, with investor attention focused on artificial-intelligence demand and future growth. Continued gains may depend on the company converting that demand into stronger revenue growth and profitability.
• Negative Sentiment: Shareholder investigation adds legal risk: Levi & Korsinsky announced an investigation into possible fiduciary-duty breaches by certain RingCentral officers and directors. The announcement does not establish wrongdoing, but it could create reputational, litigation, and headline risk for shareholders. Shareholder Alert Regarding RingCentral Investigation

RingCentral Company Profile

RingCentral, Inc is a provider of cloud-based business communications and collaboration solutions. Its platform enables organizations to manage business phone services, team messaging, video meetings, contact center operations and other communications through internet-based applications rather than traditional on-premises systems.

The company’s offerings include RingEX, a unified communications platform that combines voice, messaging and video; RingCentral Video for online meetings and collaboration; and RingCX, a cloud contact center solution.