RingCentral (NYSE:RNG) Releases Q4 2026 Earnings Guidance

RingCentral (NYSE:RNG) issued an update on its fourth quarter 2026 earnings guidance on Friday. The company provided EPS guidance of 1.320-1.370 for the period, compared to the consensus earnings per share 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.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on RNG. Piper Sandler reaffirmed a “neutral” rating and issued a $94.00 target price on shares of RingCentral in a report on Friday. Oppenheimer reiterated an “outperform” rating and set a $110.00 price target on shares of RingCentral in a report on Friday. Mizuho set a $85.00 price target on RingCentral in a research report on Friday. Evercore set a $90.00 price objective on RingCentral in a research report on Friday. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $75.00 target price on shares of RingCentral in a research note on Friday. Six research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $88.42.

RingCentral Trading Up 8.4%

Shares of NYSE:RNG traded up $6.68 on Friday, reaching $86.10. 2,128,099 shares of the company’s stock were exchanged, compared to its average volume of 1,985,775. The company has a market capitalization of $7.19 billion, a price-to-earnings ratio of 69.03, a PEG ratio of 1.43 and a beta of 1.10. RingCentral has a twelve month low of $24.14 and a twelve month high of $98.14. The company has a fifty day moving average of $73.63 and a 200-day moving average of $54.03.

RingCentral (NYSE:RNG) last issued its quarterly earnings results on Thursday, October 22nd. The software maker reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.05. RingCentral had a negative return on equity of 34.49% and a net margin of 4.27%. The company had revenue of $676.04 million for the quarter, compared to analysts’ expectations of $667.30 million. During the same quarter last year, the business earned $1.13 earnings per share. RingCentral’s revenue was up 5.8% on a year-over-year basis. As a group, equities research analysts forecast that RingCentral will post 2.89 EPS for the current fiscal year.

RingCentral Dividend Announcement

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 is Friday, November 6th. RingCentral’s dividend payout ratio (DPR) is presently 40.00%.

Insider Buying and Selling

In other RingCentral news, CEO Vladimir Shmunis sold 15,556 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $71.78, for a total value of $1,116,609.68. Following the completion of the transaction, the chief executive officer directly owned 190,271 shares in the company, valued at approximately $13,657,652.38. This represents a 7.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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, COO Kira Makagon sold 36,185 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief operating officer owned 245,385 shares in the company, valued at $17,203,942.35. This trade represents a 12.85% 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. Insiders sold 84,625 shares of company stock worth $6,024,953 in the last ninety days. Insiders own 7.30% of the company’s stock.

RingCentral News Roundup

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

About RingCentral

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.