RingCentral (NYSE:RNG) Issues Q3 2026 Earnings Guidance

RingCentral (NYSE:RNG) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.250-1.300 for the period, compared to the consensus earnings per share estimate of 1.140. The company issued revenue guidance of $664.0 million-$670.0 million, compared to the consensus revenue estimate of $663.6 million. RingCentral also updated its FY 2026 guidance to 4.960-5.100 EPS.

RingCentral Stock Performance

RNG stock opened at $46.77 on Friday. The stock has a market cap of $3.92 billion, a P/E ratio of 42.43, a P/E/G ratio of 1.11 and a beta of 1.14. The firm has a 50 day simple moving average of $40.27 and a 200 day simple moving average of $36.70. RingCentral has a 52 week low of $23.59 and a 52 week high of $49.85.

RingCentral (NYSE:RNG) last issued its quarterly earnings data on Thursday, July 23rd. The software maker reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.06. The business had revenue of $657.01 million for the quarter, compared to analyst estimates of $650.53 million. RingCentral had a negative return on equity of 33.75% and a net margin of 3.31%.The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.06 EPS. RingCentral has set its FY 2026 guidance at 4.960-5.100 EPS and its Q3 2026 guidance at 1.250-1.300 EPS. Sell-side analysts predict that RingCentral will post 2.78 EPS for the current year.

RingCentral Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 6th will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 1.1%. This is a boost from RingCentral’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend is Thursday, August 6th. RingCentral’s dividend payout ratio (DPR) is currently 31.91%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on RNG. Rosenblatt Securities reaffirmed a “buy” rating and issued a $50.00 target price on shares of RingCentral in a report on Friday. Robert W. Baird set a $45.00 price target on RingCentral in a research report on Friday, May 8th. Wells Fargo & Company lifted their price target on RingCentral from $32.00 to $43.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of RingCentral in a research note on Friday, July 17th. Finally, Piper Sandler restated a “neutral” rating on shares of RingCentral in a report on Friday. Three investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $43.00.

Insider Activity at RingCentral

In other RingCentral news, CAO Tarun Arora sold 3,615 shares of the stock in a transaction on Friday, May 29th. The shares were sold at an average price of $43.00, for a total value of $155,445.00. Following the completion of the sale, the chief accounting officer owned 68,100 shares in the company, valued at $2,928,300. This trade represents a 5.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available 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, COO Kira Makagon sold 16,988 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $42.54, for a total transaction of $722,669.52. Following the transaction, the chief operating officer owned 212,724 shares in the company, valued at $9,049,278.96. This represents a 7.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 44,498 shares of company stock valued at $1,892,586 over the last 90 days. Insiders own 7.30% of the company’s stock.

RingCentral News Summary

Here are the key news stories impacting RingCentral this week:

• Positive Sentiment: RingCentral beat Wall Street estimates in Q2, posting adjusted EPS of $1.22 versus expectations around $1.16-$1.17 and revenue of $657.0 million, above estimates. RingCentral Q2 2026 Earnings Report
• Positive Sentiment: The company lifted third-quarter guidance and full-year 2026 guidance above consensus, which signals management is seeing continued demand and better profitability ahead.
• Positive Sentiment: RingCentral announced expanded strategic partnerships with NiCE and OpenAI, reinforcing its AI-focused product strategy and potentially improving long-term growth prospects. NiCE and RingCentral Expand Strategic Partnership
• Positive Sentiment: Commentary around AI sales momentum and stronger free cash flow has supported the stock, with some analysts pointing to attractive valuation and improving retention in AI contact center products. Seeking Alpha Article
• Neutral Sentiment: RingCentral also declared a higher quarterly dividend of $0.125 per share, up 66.7% from $0.07, which may appeal to income investors but is not the main driver of the stock today.

Institutional Investors Weigh In On RingCentral

A number of large investors have recently added to or reduced their stakes in RNG. Alyeska Investment Group L.P. bought a new stake in RingCentral in the 3rd quarter valued at $53,365,000. AQR Capital Management LLC raised its holdings in RingCentral by 35.4% in the 4th quarter. AQR Capital Management LLC now owns 2,003,950 shares of the software maker’s stock valued at $57,874,000 after buying an additional 523,966 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of RingCentral by 138.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 811,747 shares of the software maker’s stock valued at $23,113,000 after buying an additional 471,559 shares during the last quarter. Two Sigma Investments LP raised its stake in RingCentral by 130.5% during the third quarter. Two Sigma Investments LP now owns 490,255 shares of the software maker’s stock worth $13,894,000 after buying an additional 277,577 shares during the last quarter. Finally, Gotham Asset Management LLC grew its holdings in RingCentral by 223.5% in the third quarter. Gotham Asset Management LLC now owns 400,713 shares of the software maker’s stock worth $11,356,000 after purchasing an additional 276,846 shares during the period. Institutional investors own 98.61% of the company’s stock.

RingCentral Company Profile

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.