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 | $2.73 | 241.87% |
| 2022-01-21 | 3 | $10.001 | $8 | $9.333 | $2.73 | 241.87% |
| 2022-02-17 | 3 | $8 | $6.5 | $7.5 | $2.73 | 174.73% |
| 2022-02-23 | 3 | $8 | $4 | $6.166 | $2.73 | 125.86% |
| 2022-05-02 | 3 | $7 | $4 | $5.833 | $2.73 | 113.66% |
| 2022-07-28 | 3 | $7 | $4 | $5.333 | $2.73 | 95.35% |
| 2022-08-01 | 3 | $6.5 | $4 | $5.166 | $2.73 | 89.23% |
| 2022-12-13 | 3 | $6 | $4 | $5 | $2.73 | 83.15% |
| 2023-01-26 | 3 | $6 | $4 | $5.25 | $2.73 | 92.31% |
| 2023-02-16 | 4 | $7 | $4 | $5.625 | $2.73 | 106.04% |
| 2023-03-28 | 4 | $7 | $5 | $5.875 | $2.73 | 115.2% |
| 2023-04-10 | 5 | $7 | $5 | $5.9 | $2.73 | 116.12% |
| 2023-04-27 | 4 | $7 | $5.5 | $6.125 | $2.73 | 124.36% |
| 2023-07-27 | 5 | $7 | $5.5 | $6 | $2.73 | 119.78% |
The Trend in the Analyst Price Target
Over the past 18 months, RBBN's average price target has gone down $1.5.
RBBN reports an average of 70.86% for its upside potential over the past 39 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-12-13 | 3 | 6 | 4.0 | 5.000 | 2.89 | 73.01% |
| 2023-01-26 | 3 | 6 | 4.0 | 5.250 | 3.50 | 50% |
| 2023-03-28 | 4 | 7 | 5.0 | 5.875 | 3.34 | 75.9% |
| 2023-04-10 | 5 | 7 | 5.0 | 5.900 | 3.37 | 75.07% |
| 2023-07-27 | 5 | 7 | 5.5 | 6.000 | 3.27 | 83.49% |
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 52 weeks, 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.
- RBBN has a higher average analyst price target than 95.19% 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 higher than 30.64% of that group.
- In the context of stocks in the large market cap category, RIBBON COMMUNICATIONS INC's upside potential (average analyst target price relative to current price) is higher than 1421.53% of them.
- In the context of Communication Services stocks, RIBBON COMMUNICATIONS INC's variance in analysts' estimates is lower than -353.66% 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 OTEX, JKHY, and UIS.
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