Ribbon Communications Inc. (RBBN) Social Stream
RIBBON COMMUNICATIONS INC (RBBN) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering RBBN.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-29 | 3 | $10 | $8 | $9.333 | $2.92 | 219.62% |
| 2022-01-21 | 3 | $10.001 | $8 | $9.333 | $2.92 | 219.62% |
| 2022-02-17 | 3 | $8 | $6.5 | $7.5 | $2.92 | 156.85% |
| 2022-02-23 | 3 | $8 | $4 | $6.166 | $2.92 | 111.16% |
| 2022-05-02 | 3 | $7 | $4 | $5.833 | $2.92 | 99.76% |
| 2022-07-28 | 3 | $7 | $4 | $5.333 | $2.92 | 82.64% |
| 2022-08-01 | 3 | $6.5 | $4 | $5.166 | $2.92 | 76.92% |
| 2022-12-13 | 3 | $6 | $4 | $5 | $2.92 | 71.23% |
| 2023-01-26 | 4 | $6 | $4 | $5.25 | $2.92 | 79.79% |
| 2023-02-16 | 4 | $7 | $4 | $5.625 | $2.92 | 92.64% |
| 2023-03-28 | 4 | $7 | $5 | $5.875 | $2.92 | 101.2% |
| 2023-04-10 | 5 | $7 | $5 | $5.9 | $2.92 | 102.05% |
| 2023-04-27 | 4 | $7 | $5.5 | $6.125 | $2.92 | 109.76% |
| 2023-10-26 | 5 | $7 | $5.5 | $6 | $2.92 | 105.48% |
| 2023-10-27 | 5 | $6 | $5.5 | $5.8 | $2.92 | 98.63% |
The Trend in the Analyst Price Target
Over the past 32 months, RBBN's average price target has gone down $6.53.
Over the past 39 weeks, RBBN's average upside potential has been 90.45%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-26 | 3 | 6 | 4.0 | 5.250 | 3.50 | 50% |
| 2023-02-16 | 4 | 7 | 4.0 | 5.625 | 4.63 | 21.49% |
| 2023-02-21 | 4 | 7 | 5.0 | 5.875 | 4.30 | 36.63% |
| 2023-10-26 | 5 | 7 | 5.5 | 6.000 | 1.95 | 207.69% |
| 2023-10-27 | 5 | 6 | 5.5 | 5.800 | 2.08 | 178.85% |
RBBN Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 5 | 0 | 0 | 0 | 0 | 5 |
The Trend in the Broker Recommendations
Over the past 20 months, RBBN's average broker recommendation rating improved by 0.67.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- RIBBON COMMUNICATIONS INC's average analyst price target is higher than 100.11% of all US stocks.
- RIBBON COMMUNICATIONS INC's number of analysts covering the stock is higher than 32.14% of stocks in the large market cap category.
- RBBN has a higher upside potential (average analyst target price relative to current price) than 1542.42% of stocks in the large market cap category.
- In the context of Computers stocks, RIBBON COMMUNICATIONS INC's variance in analysts' estimates is lower than -558.16% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Computers industry with the ratings most similar to RIBBON COMMUNICATIONS INC are IOT, EXTR, and AUR.
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