June 2, 2020 Price forecast | 2 weeks: -0.93% | 1 month: -1.50% | 3 months: -2.28%


RNG stock forecast

Our latest prediction for RingCentral, Inc.'s stock price was made on the June 2, 2020 when the stock price was at 273.96$.

In the short term (2weeks), RNG's stock price should underperform the market by -0.93%. During that period the price should oscillate between -8.05% and +6.68%.

In the medium term (3months), RNG's stock price should underperform the market by -2.28%. During that period the price should oscillate between -28.22% and +17.34%.

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About RingCentral, Inc.

RingCentral, Inc. engages in the provision of global enterprise cloud communications and collaboration solutions. The firms solutions provide a single user identity across multiple locations and devices, including smartphones, tablets, PCs and desk phones; and allow for communication across multiple modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings and fax. It sells its products under the RingCentral Professional, RingCentral Glip, and RingCentral Fax brands. The company was founded by Vlad Vendrow and Vladimir Shmunis in 1999 and is headquartered in Belmont, CA.

At the moment the company generates 969M USD in revenues.

On its last earning announcement, the company reported a loss of -1.26$ per share.

The book value per share is 3.66$

RingCentral, Inc. website


Three months stock forecastJune 2, 2020


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
969M 73.80% -64M -6.60% -108M -1.26 - - 85M 3.66 58M -137M -79M