RingCentral (NYSE:RNG) Announces Q4 2026 Earnings Guidance

RingCentral (NYSE:RNG) issued an update on its fourth quarter 2026 earnings guidance on Friday. The company provided earnings per share guidance of 1.320-1.370 for the period, compared to the consensus EPS estimate of 1.240. The company issued revenue guidance of $673.0 million-$680.0 million, compared to the consensus revenue estimate of $672.6 million. RingCentral also updated its FY 2026 guidance to 5.070-5.120 EPS.

RingCentral Price Performance

RingCentral stock opened at $83.46 on Friday. RingCentral has a 12-month low of $24.14 and a 12-month high of $98.14. The stock has a market capitalization 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. The firm has a 50 day simple moving average of $74.01 and a 200-day simple moving average of $54.24.

RingCentral (NYSE:RNG) last issued its quarterly earnings results on Thursday, October 22nd. The software maker reported $1.33 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $667.30 million. During the same period last year, the company posted $1.13 EPS. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. On average, analysts forecast that RingCentral will post 2.89 earnings per share for the current fiscal year.

RingCentral Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, November 6th will be paid a dividend of $0.1250 per share. The ex-dividend date of this dividend is Friday, November 6th. This represents a $0.50 annualized dividend and a yield of 0.6%. RingCentral’s dividend payout ratio (DPR) is currently 40.00%.

Analyst Ratings Changes

A number of research firms recently issued reports on RNG. Rosenblatt Securities reaffirmed a “buy” rating and set a $50.00 target price on shares of RingCentral in a report on Friday, July 24th. Evercore set a $90.00 price target on shares of RingCentral in a report on Friday. Robert W. Baird set a $95.00 price target on shares of RingCentral in a report on Friday. Weiss Ratings upgraded shares of RingCentral from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, Needham & Company LLC lifted their price objective on shares of RingCentral from $85.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday. Six equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, RingCentral currently has an average rating of “Hold” and an average price target of $89.69.

Insider Buying and Selling at RingCentral

In other news, COO Kira Makagon sold 36,185 shares of the firm’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $70.11, for a total transaction of $2,536,930.35. Following the completion of the sale, the chief operating officer directly owned 245,385 shares of the company’s stock, valued at $17,203,942.35. This trade represents a 12.85% decrease in their position. The transaction 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. Also, CAO Tarun Arora sold 4,172 shares of RingCentral stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $70.36, for a total value of $293,541.92. Following the completion of the transaction, the chief accounting officer owned 65,692 shares in the company, valued at $4,622,089.12. The trade was a 5.97% 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. Over the last quarter, insiders sold 84,625 shares of company stock worth $6,024,953. 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: 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.