Ringcentral, Inc. (RNG) Social Stream



Ringcentral, Inc. (RNG): $62.58

-6.72 (-9.70%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

RingCentral Inc (RNG) Price Targets From Analysts

Use the tables below to see what analysts covering RingCentral Inc think about its future price and what recommendations they have for investors and traders.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-11-09 20 $535 $300 $402.3 $119.76 235.92%
2021-11-10 20 $535 $300 $406.55 $119.76 239.47%
2021-12-09 21 $535 $300 $391.55 $119.76 226.95%
2021-12-13 21 $535 $250 $384.05 $119.76 220.68%
2021-12-16 21 $535 $240 $377.19 $119.76 214.95%
2022-01-06 21 $535 $220 $363.857 $119.76 203.82%
2022-01-14 21 $535 $220 $358.666 $119.76 199.49%
2022-01-24 21 $535 $220 $356.285 $119.76 197.5%
2022-01-28 22 $535 $220 $351.454 $119.76 193.47%
2022-02-22 19 $460 $220 $332.7 $119.76 177.81%
2022-02-23 19 $410 $165 $279.5 $119.76 133.38%
2022-02-24 19 $400 $165 $267.894 $119.76 123.69%

The Trend in the Analyst Price Target


Over the past 21 months, RNG's average price target has gone down $1.22.

Over the past 47 weeks, RNG's average upside potential has been 84.25%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2021-06-05 24 525 275 427.910 246.74 73.43%
2021-09-19 26 500 300 408.650 232.81 75.53%
2022-01-06 21 535 220 363.857 173.09 110.21%
2022-01-24 22 535 220 356.285 173.54 105.3%
2022-01-28 18 535 220 351.454 162.58 116.17%

RNG Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.42 14 2 3 0 0 19

The Trend in the Broker Recommendations


RNG's average broker recommendation rating worsened by 0.22 over the prior 19 months.

Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.

  • In terms of how RingCentral Inc fares relative to all US stocks, note that its number of analysts covering the stock is greater than 1727.96% of that group.
  • In terms of how RingCentral Inc fares relative to all US stocks, note that its average analyst price target is greater than 1721.72% of that group.
  • To contextualize these metrics, consider that out of stocks in the large market cap category, RingCentral Inc's upside potential (average analyst target price relative to current price) is higher than 1733.75% of them.
  • In the context of stocks in the large market cap category, RingCentral Inc's variance in analysts' estimates is lower than -1452.41% of them.

In the Business Services industry, PLTK, PEGA, and PAGS are the three stocks most similar to RingCentral Inc regarding the price target and analyst recommendation information presented here.

Is RNG a Buy, Hold or Sell? See the POWR Ratings now!


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