RingCentral (NYSE:RNG) Announces FY 2026 Earnings Guidance

RingCentral (NYSE:RNG) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 5.070-5.120 for the period, compared to the consensus earnings per share 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 Analyst Weigh In

Several analysts have issued reports on RNG shares. Oppenheimer reaffirmed an “outperform” rating and set a $110.00 price target on shares of RingCentral in a research report on Friday. Needham & Company LLC upped their price objective on RingCentral from $85.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday. Mizuho set a $85.00 price target on shares of RingCentral in a report on Friday. FBN Securities reiterated an “outperform” rating on shares of RingCentral in a report on Friday. Finally, Royal Bank Of Canada assumed coverage on RingCentral in a research report on Thursday, September 3rd. They issued an “outperform” rating and a $85.00 price objective on the stock. Six investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $88.42.

RingCentral Price Performance

RNG stock traded up $6.68 during midday trading on Friday, hitting $86.10. The stock had a trading volume of 2,128,099 shares, compared to its average volume of 1,985,775. RingCentral has a 52-week low of $24.14 and a 52-week high of $98.14. The firm has a market cap of $7.19 billion, a price-to-earnings ratio of 69.03, a price-to-earnings-growth ratio of 1.43 and a beta of 1.10. The business has a 50-day moving average of $73.63 and a two-hundred day moving average of $54.03.

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

RingCentral Announces Dividend

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

Insider Buying and Selling

In other RingCentral news, COO Kira Makagon sold 36,185 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $70.11, for a total value of $2,536,930.35. Following the transaction, the chief operating officer directly owned 245,385 shares in the company, valued at approximately $17,203,942.35. This trade represents a 12.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vladimir Shmunis sold 11,165 shares of RingCentral stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $76.58, for a total value of $855,015.70. Following the transaction, the chief executive officer owned 179,106 shares in the company, valued at $13,715,937.48. This trade represents a 5.87% decrease in their ownership of the stock. 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. Insiders have sold a total of 84,625 shares of company stock valued at $6,024,953 over the last ninety days. 7.30% of the stock is owned by insiders.

Trending Headlines about RingCentral

Here are the key news stories impacting RingCentral this week:

• Positive Sentiment: RingCentral reported third-quarter EPS of $1.33, above the $1.28 consensus estimate, while revenue of $676.04 million exceeded expectations of $667.30 million and increased 5.8% year over year. EPS also rose from $1.13 in the prior-year quarter. RingCentral third-quarter earnings report
• Positive Sentiment: The company raised fourth-quarter guidance to EPS of $1.32–$1.37, well above the $1.24 consensus, and revenue of $673 million–$680 million versus expectations of $672.6 million. RingCentral fourth-quarter guidance
• Positive Sentiment: Full-year 2026 EPS guidance increased to $5.07–$5.12, compared with the $4.61 consensus, while revenue guidance of approximately $2.7 billion topped the $2.6 billion estimate. RingCentral raises 2026 outlook
• Positive Sentiment: Coverage highlighted improving cash flow, margin expansion and stronger monetization of RingCentral’s AI offerings, supporting the case for better operating leverage. RingCentral Q3 2026 AI monetization
• Positive Sentiment: Analysts raised their price targets: Morgan Stanley increased its target to $91 while maintaining an “equal weight” rating, and Needham raised its target to $110 with a “buy” rating. Analyst price-target changes
• Neutral Sentiment: RingCentral announced a quarterly dividend of $0.125 per share, equivalent to a $0.50 annualized payout and a modest 0.5% yield. RingCentral dividend and partnership news
• Negative Sentiment: Levi & Korsinsky announced an investigation into possible breaches of fiduciary duties by certain RingCentral officers and directors, creating a legal and governance overhang. RingCentral shareholder 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.