RingCentral (NYSE:RNG) Announces FY 2026 Earnings Guidance

RingCentral (NYSE:RNG) updated its FY 2026 earnings guidance on Friday. The company provided 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

Several analysts have issued reports on RNG shares. FBN Securities restated an “outperform” rating and issued a $105.00 target price on shares of RingCentral in a report on Friday. Rosenblatt Securities reiterated a “buy” rating and set a $50.00 price target on shares of RingCentral in a report on Friday, July 24th. Piper Sandler boosted their price target on shares of RingCentral from $43.00 to $94.00 and gave the company a “neutral” rating in a research report on Friday. Jefferies Financial Group upped their price objective on shares of RingCentral from $40.00 to $75.00 and gave the company a “hold” rating in a report on Friday. Finally, Royal Bank Of Canada started coverage on shares of RingCentral in a research note on Thursday, September 3rd. They set an “outperform” rating and a $85.00 target price on the stock. Six research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, RingCentral presently has a consensus rating of “Hold” and an average target price of $89.69.

RingCentral Stock Up 5.1%

Shares of RingCentral stock opened at $83.46 on Friday. The firm has a market cap of $6.97 billion, a PE ratio of 11.04, a price-to-earnings-growth ratio of 1.38 and a beta of 1.10. RingCentral has a 52 week low of $24.14 and a 52 week high of $98.14. The business’s fifty day simple moving average is $74.01 and its 200-day simple moving average is $54.24.

RingCentral (NYSE:RNG) last issued its quarterly earnings data on Thursday, October 22nd. The software maker reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.05. RingCentral had a negative return on equity of 37.87% and a net margin of 25.27%. The firm had revenue of $676.04 million during the quarter, compared to the consensus estimate of $667.30 million. During the same period last year, the company earned $1.13 EPS. The company’s quarterly revenue was up 5.8% on a year-over-year basis. As a group, equities analysts expect that RingCentral will post 2.89 earnings per share for the current year.

RingCentral Announces Dividend

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

Insider Transactions at RingCentral

In other news, CFO Vaibhav Agarwal sold 7,046 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $72.10, for a total value of $508,016.60. Following the transaction, the chief financial officer directly owned 146,700 shares in the company, valued at approximately $10,577,070. This represents a 4.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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, CEO Vladimir Shmunis sold 15,556 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $71.78, for a total transaction of $1,116,609.68. Following the transaction, the chief executive officer directly owned 190,271 shares of the company’s stock, valued at $13,657,652.38. The trade was a 7.56% 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 90 days, insiders sold 84,625 shares of company stock worth $6,024,953. 7.30% of the stock is owned by company insiders.

Key RingCentral News

Here are the key news stories impacting RingCentral this week:

• Positive Sentiment: Raised full-year guidance: RingCentral now expects fiscal 2026 adjusted EPS of $5.07–$5.12, well above the $4.61 analyst consensus, and revenue of approximately $2.7 billion versus expectations of $2.6 billion. Fourth-quarter EPS guidance of $1.32–$1.37 also exceeds the $1.24 consensus, while revenue guidance is slightly above estimates. RingCentral guidance
• Positive Sentiment: Beat quarterly expectations: Third-quarter EPS came in at $1.33 versus the $1.28 consensus, while revenue of $676.04 million exceeded estimates of $667.30 million and increased 5.8% year over year. RingCentral Q3 earnings
• Positive Sentiment: AI growth is becoming material: Paid artificial-intelligence product annual recurring revenue surpassed $400 million, with reports indicating that AI monetization roughly doubled. This supports expectations for stronger growth and margin expansion. RingCentral long-term investor takeaways
• Positive Sentiment: Balance sheet improved: RingCentral reduced gross debt below $1 billion ahead of schedule, while earnings and cash flow improved. The company also declared a quarterly dividend of $0.125 per share, equal to a $0.50 annualized payout. RingCentral outlook and cash flow
• Neutral Sentiment: Analyst targets moved higher: Needham raised its target to $110 with a Buy rating, FBN Securities lifted its target to $105, and Morgan Stanley increased its target to $91 while retaining Equal Weight. Wells Fargo also raised its target to $85 but maintained Equal Weight, suggesting some analysts view the near-term upside as more limited.
• Neutral Sentiment: At approximately $83.46, RingCentral remains below its $98.14 52-week high but trades well above its 50-day and 200-day moving averages, indicating strong momentum alongside a higher valuation.

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.