Investment Analysts’ Recent Ratings Updates for RingCentral (RNG)

A number of research firms have changed their ratings and price targets for RingCentral (NYSE: RNG):

• 5/11/2026 – RingCentral had its price target raised by Morgan Stanley from $33.00 to $40.00. They now have an “equal weight” rating on the stock.
• 5/9/2026 – RingCentral had its “hold” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $40.00 price target on the stock.
• 5/8/2026 – RingCentral was given a new $45.00 price target by Robert W. Baird.
• 5/8/2026 – RingCentral had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $50.00 price target on the stock.
• 5/8/2026 – RingCentral had its price target raised by Wells Fargo & Company from $32.00 to $43.00. They now have an “equal weight” rating on the stock.
• 5/8/2026 – RingCentral had its price target raised by Rosenblatt Securities from $45.00 to $50.00. They now have a “buy” rating on the stock.
• 3/13/2026 – RingCentral had its price target raised by Needham & Company LLC from $36.00 to $55.00. They now have a “buy” rating on the stock.

RingCentral Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Tuesday, June 2nd will be paid a dividend of $0.075 per share. The ex-dividend date is Tuesday, June 2nd. This represents a $0.30 annualized dividend and a dividend yield of 0.7%. RingCentral’s dividend payout ratio is presently 31.91%.

Insider Transactions at RingCentral

In other news, CFO Vaibhav Agarwal sold 18,680 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $36.33, for a total value of $678,644.40. Following the transaction, the chief financial officer owned 139,493 shares of the company’s stock, valued at $5,067,780.69. This represents a 11.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Kira Makagon sold 5,870 shares of the company’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $40.27, for a total transaction of $236,384.90. Following the completion of the sale, the chief operating officer directly owned 236,715 shares of the company’s stock, valued at $9,532,513.05. This trade represents a 2.42% 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. Over the last 90 days, insiders have sold 259,854 shares of company stock valued at $9,312,708. 7.30% of the stock is currently owned by insiders.

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.