Ringcentral (NYSE:RNG) Updates Q1 2026 Earnings Guidance

Ringcentral (NYSE:RNG) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.160-1.190 for the period, compared to the consensus estimate of 0.840. The company issued revenue guidance of $640.0 million-$645.0 million, compared to the consensus revenue estimate of $640.1 million. Ringcentral also updated its FY 2026 guidance to 4.760-4.970 EPS.

Wall Street Analyst Weigh In

RNG has been the topic of several analyst reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Ringcentral in a research report on Monday, December 29th. Morgan Stanley cut their target price on Ringcentral from $31.00 to $30.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $32.00 target price on shares of Ringcentral in a report on Tuesday, November 4th. Zacks Research cut Ringcentral from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 3rd. Finally, Needham & Company LLC restated a “buy” rating and set a $36.00 price objective on shares of Ringcentral in a research report on Tuesday, November 4th. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Ringcentral presently has a consensus rating of “Hold” and an average target price of $31.46.

Ringcentral Price Performance

Shares of NYSE RNG traded down $0.19 during mid-day trading on Thursday, hitting $29.37. 3,829,388 shares of the stock traded hands, compared to its average volume of 2,348,438. The company has a market cap of $2.54 billion, a PE ratio of 209.80, a price-to-earnings-growth ratio of 1.20 and a beta of 1.23. Ringcentral has a twelve month low of $20.58 and a twelve month high of $32.76. The firm has a 50 day simple moving average of $28.24 and a two-hundred day simple moving average of $28.75.

Ringcentral (NYSE:RNG) last announced its quarterly earnings results on Thursday, February 19th. The software maker reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.52). Ringcentral had a net margin of 0.53% and a negative return on equity of 22.38%. Ringcentral has set its FY 2026 guidance at 4.760-4.970 EPS and its Q1 2026 guidance at 1.160-1.190 EPS. On average, equities research analysts anticipate that Ringcentral will post 1.29 earnings per share for the current fiscal year.

Insider Buying and Selling at Ringcentral

In other Ringcentral news, CEO Vladimir Shmunis sold 27,018 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $27.68, for a total value of $747,858.24. Following the completion of the transaction, the chief executive officer directly owned 262,240 shares in the company, valued at approximately $7,258,803.20. This represents a 9.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Tarun Arora sold 3,888 shares of Ringcentral stock in a transaction on Monday, December 1st. The stock was sold at an average price of $28.70, for a total transaction of $111,585.60. Following the transaction, the chief accounting officer owned 93,412 shares in the company, valued at approximately $2,680,924.40. This trade represents a 4.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 114,956 shares of company stock valued at $3,139,914 in the last quarter. 7.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ringcentral

Several institutional investors and hedge funds have recently made changes to their positions in RNG. Harvest Fund Management Co. Ltd bought a new position in shares of Ringcentral during the third quarter worth about $30,000. Global Retirement Partners LLC increased its position in Ringcentral by 70.9% during the 4th 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 during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Ringcentral by 103.0% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,823 shares of the software maker’s stock worth $52,000 after purchasing an additional 925 shares during the last quarter. Atlas Capital Advisors Inc. acquired a new position in shares of Ringcentral in the 4th quarter worth approximately $55,000. Finally, Parallel Advisors LLC boosted its stake in shares of Ringcentral by 43.8% in the 4th quarter. Parallel Advisors LLC now owns 2,230 shares of the software maker’s stock valued at $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.