RingCentral (NYSE:RNG) Issues FY 2026 Earnings Guidance

RingCentral (NYSE:RNG) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 4.960-5.100 for the period, compared to the consensus estimate of 4.500. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion. RingCentral also updated its Q3 2026 guidance to 1.250-1.300 EPS.

RingCentral Price Performance

Shares of NYSE RNG traded up $0.96 during mid-day trading on Thursday, hitting $38.62. The company had a trading volume of 4,812,871 shares, compared to its average volume of 2,067,382. RingCentral has a 12 month low of $23.59 and a 12 month high of $49.85. The firm has a market cap of $3.24 billion, a P/E ratio of 41.08, a PEG ratio of 1.16 and a beta of 1.14. The business’s 50-day simple moving average is $40.28 and its 200-day simple moving average is $36.62.

RingCentral (NYSE:RNG) last announced its quarterly earnings data on Thursday, July 23rd. The software maker reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.62). RingCentral had a negative return on equity of 33.75% and a net margin of 3.31%.RingCentral has set its FY 2026 guidance at 4.960-5.100 EPS and its Q3 2026 guidance at 1.250-1.300 EPS. As a group, sell-side analysts predict that RingCentral will post 2.78 EPS for the current year.

RingCentral Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Tuesday, June 2nd were issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, June 2nd. RingCentral’s dividend payout ratio (DPR) is presently 31.91%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Oppenheimer reissued an “outperform” rating and issued a $50.00 target price on shares of RingCentral in a research note on Friday, May 8th. Needham & Company LLC reaffirmed a “buy” rating on shares of RingCentral in a report on Monday. Wells Fargo & Company upped their price objective on RingCentral from $32.00 to $43.00 and gave the company an “equal weight” rating in a research note on Friday, May 8th. Weiss Ratings reissued a “hold (c)” rating on shares of RingCentral in a report on Friday, July 17th. Finally, Robert W. Baird set a $45.00 target price on RingCentral in a research report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $43.00.

Insider Buying and Selling at RingCentral

In related news, CAO Tarun Arora sold 3,615 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $43.00, for a total transaction of $155,445.00. Following the completion of the sale, the chief accounting officer directly owned 68,100 shares of the company’s stock, valued at $2,928,300. This trade represents a 5.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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, Director Amy Guggenheim Shenkan sold 1,265 shares of RingCentral stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $40.59, for a total value of $51,346.35. Following the completion of the transaction, the director owned 29,372 shares of the company’s stock, valued at approximately $1,192,209.48. The trade was a 4.13% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 44,498 shares of company stock worth $1,892,586 over the last 90 days. Company insiders own 7.30% of the company’s stock.

Trending Headlines about RingCentral

Here are the key news stories impacting RingCentral this week:

• Positive Sentiment: RingCentral raised its outlook for both the current quarter and full year, with Q3 EPS guidance of 1.250-1.300 topping expectations and FY 2026 EPS guidance of 4.960-5.100 also above consensus. RingCentral Announces Second Quarter 2026 Financial Results
• Positive Sentiment: RingCentral announced an expanded strategic partnership with NiCE, including NiCE reselling RingCentral’s UCaaS solution and extending sales of RingCentral Contact Center, which could support future distribution and revenue growth. NiCE and RingCentral Expand Strategic Partnership
• Positive Sentiment: RingCentral also said it is collaborating with OpenAI to accelerate AI-native innovation across its platform, reinforcing its AI strategy and potentially improving product competitiveness. RingCentral and OpenAI Collaborate to Accelerate AI-Native Innovation Across RingCentral
• Neutral Sentiment: The company posted second-quarter EPS of $0.54, which missed analyst expectations by a wide margin, highlighting that profitability remains uneven despite improving guidance. RingCentral Press Release

Institutional Investors Weigh In On RingCentral

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RNG. Harvest Fund Management Co. Ltd acquired a new position in shares of RingCentral during the third quarter worth approximately $30,000. Global Retirement Partners LLC increased its holdings in shares of RingCentral by 70.9% in the fourth quarter. Global Retirement Partners LLC now owns 1,540 shares of the software maker’s stock valued at $44,000 after purchasing an additional 639 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of RingCentral by 103.0% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,823 shares of the software maker’s stock valued at $52,000 after purchasing an additional 925 shares in the last quarter. Atlas Capital Advisors Inc. bought a new position in RingCentral in the 4th quarter worth approximately $55,000. Finally, Parallel Advisors LLC raised its position in RingCentral by 43.8% in the 4th quarter. Parallel Advisors LLC now owns 2,230 shares of the software maker’s stock worth $64,000 after purchasing an additional 679 shares during the last quarter. Institutional investors and hedge funds 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.