RingCentral (NYSE:RNG) Updates Q3 2026 Earnings Guidance

RingCentral (NYSE:RNG) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.250-1.300 for the period, compared to the consensus earnings per share estimate of 1.140. The company issued revenue guidance of $664.0 million-$670.0 million, compared to the consensus revenue estimate of $663.6 million. RingCentral also updated its FY 2026 guidance to 4.960-5.100 EPS.

RingCentral Trading Up 2.5%

RingCentral stock traded up $0.96 during 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 1-year low of $23.59 and a 1-year high of $49.85. The company’s 50 day simple moving average is $40.28 and its 200-day simple moving average is $36.62. The stock has a market cap of $3.24 billion, a price-to-earnings ratio of 41.08, a price-to-earnings-growth ratio of 1.16 and a beta of 1.14.

RingCentral (NYSE:RNG) last released its quarterly earnings results 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, analysts forecast that RingCentral will post 2.78 earnings per share for the current fiscal year.

RingCentral Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms have commented on RNG. Morgan Stanley boosted their price target on shares of RingCentral from $33.00 to $40.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of RingCentral in a research report on Friday, July 17th. Rosenblatt Securities boosted their target price on RingCentral from $45.00 to $50.00 and gave the company a “buy” rating in a report on Friday, May 8th. Oppenheimer reaffirmed an “outperform” rating and issued a $50.00 price objective on shares of RingCentral in a report on Friday, May 8th. Finally, Needham & Company LLC reissued a “buy” rating on shares of RingCentral in a report on Monday. Three research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $43.00.

Insider Buying and Selling at RingCentral

In other RingCentral news, CFO Vaibhav Agarwal sold 7,047 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $46.17, for a total transaction of $325,359.99. Following the transaction, the chief financial officer directly owned 169,282 shares in the company, valued at $7,815,749.94. This represents a 4.00% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Robert I. Theis sold 2,530 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $40.28, for a total value of $101,908.40. Following the completion of the sale, the director owned 30,834 shares of the company’s stock, valued at $1,241,993.52. This trade represents a 7.58% 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. In the last three months, insiders have sold 44,498 shares of company stock worth $1,892,586. Corporate insiders own 7.30% of the company’s stock.

Key Stories Impacting 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

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Harvest Fund Management Co. Ltd acquired a new position in RingCentral during the 3rd quarter valued at about $30,000. Global Retirement Partners LLC boosted its stake in RingCentral by 70.9% during the fourth quarter. Global Retirement Partners LLC now owns 1,540 shares of the software maker’s stock valued at $44,000 after buying an additional 639 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of RingCentral by 103.0% in 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 in the last quarter. Atlas Capital Advisors Inc. acquired a new stake in shares of RingCentral during the 4th quarter valued at $55,000. Finally, Parallel Advisors LLC increased its stake 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 in the last quarter. 98.61% of the stock is currently owned by institutional investors.

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.