Ribbon Communications Inc. (RBBN) Social Stream
Ribbon Communications Inc (RBBN) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering Ribbon Communications Inc.
| 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 | $3.18 | 193.49% |
| 2022-01-21 | 3 | $10.001 | $8 | $9.333 | $3.18 | 193.49% |
| 2022-02-17 | 3 | $8 | $6.5 | $7.5 | $3.18 | 135.85% |
| 2022-02-23 | 3 | $8 | $4 | $6.166 | $3.18 | 93.9% |
The Trend in the Analyst Price Target
RBBN's average price target has moved down $6 over the prior 42 weeks.
Over the past 46 weeks, RBBN's average upside potential has been 71.42%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-05-08 | 1 | 13.5 | 10 | 12.17 | 6.90 | 76.38% |
| 2021-07-17 | 1 | 13.5 | 10 | 12.17 | 7.03 | 73.12% |
| 2021-07-24 | 1 | 13.5 | 10 | 12.17 | 7.28 | 67.17% |
| 2021-08-28 | 1 | 13.0 | 10 | 11.50 | 6.79 | 69.37% |
| 2021-09-11 | 1 | 13.0 | 10 | 11.50 | 6.03 | 90.71% |
RBBN Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.67 | 2 | 0 | 1 | 0 | 0 | 3 |
The Trend in the Broker Recommendations
Over the past 153 days, RBBN's average broker recommendation rating improved by 0.83.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- Ribbon Communications Inc's average analyst price target is greater than 33.29% of all US stocks.
- In terms of how Ribbon Communications Inc fares relative to stocks in the large market cap category, note that its number of analysts covering the stock is greater than 10.85% of that group.
- Ribbon Communications Inc's upside potential (average analyst target price relative to current price) is higher than 477.72% of stocks in the large market cap category.
- RBBN has a lower variance in analysts' estimates than -45.47% of stocks in the large market cap category.
Stocks similar to Ribbon Communications Inc in the Computers industry regarding analyst recommendations and price targets are OTEX, LDOS, and JKHY.
What is the outlook for RBBN? Use POWR Ratings for clearer insight into price direction.