RingCentral Inc. Cl A (RNG) Social Stream



RingCentral Inc. Cl A (RNG): $38.06

0.58 (-1.50%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

B

Add RNG to Watchlist
Sign Up

Industry: Software - Business

Industry

B

Ranked

#3 of 39

in industry

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 $33.11 1115.04%
2021-11-10 20 $535 $300 $406.55 $33.11 1127.88%
2021-12-09 21 $535 $300 $391.55 $33.11 1082.57%
2021-12-13 21 $535 $250 $384.05 $33.11 1059.92%
2021-12-16 21 $535 $220 $369.095 $33.11 1014.75%
2022-01-06 21 $535 $220 $363.857 $33.11 998.93%
2022-01-14 21 $535 $220 $358.666 $33.11 983.26%
2022-01-24 21 $535 $220 $356.285 $33.11 976.06%
2022-01-28 22 $535 $220 $351.454 $33.11 961.47%
2022-02-22 19 $460 $220 $332.7 $33.11 904.83%
2022-02-23 19 $410 $165 $279.5 $33.11 744.16%
2022-02-24 19 $410 $165 $275 $33.11 730.56%
2022-04-20 16 $400 $165 $272.823 $33.11 723.99%
2022-04-24 16 $400 $120 $265.176 $33.11 700.89%
2022-04-26 17 $400 $120 $256.75 $33.11 675.45%
2022-05-10 18 $300 $95 $145.157 $33.11 338.41%
2022-05-16 18 $300 $80 $144.368 $33.11 336.03%
2022-05-19 18 $300 $80 $144.894 $33.11 337.61%
2022-05-23 18 $300 $80 $136.473 $33.11 312.18%
2022-08-02 18 $300 $65 $129.444 $33.11 290.95%
2022-08-13 19 $110 $59 $85.473 $33.11 158.15%
2022-09-17 20 $110 $59 $84.15 $33.11 154.15%
2022-09-22 21 $110 $59 $84.428 $33.11 154.99%
2022-10-14 21 $110 $55 $83.476 $33.11 152.12%
2022-10-17 21 $110 $55 $82.523 $33.11 149.24%
2022-11-08 21 $110 $55 $81.4 $33.11 145.85%
2022-11-10 21 $110 $39 $63.85 $33.11 92.84%
2022-12-07 21 $90 $39 $61.421 $33.11 85.51%
2022-12-15 22 $90 $39 $60.1 $33.11 81.52%
2022-12-22 22 $90 $39 $59.35 $33.11 79.25%
2023-01-04 22 $90 $39 $58.85 $33.11 77.74%
2023-01-06 22 $90 $39 $57.85 $33.11 74.72%
2023-01-25 22 $90 $39 $57.85 $33.11 74.72%
2023-02-15 23 $90 $39 $57 $33.11 72.15%
2023-02-20 23 $90 $40 $57.952 $33.11 75.03%
2023-02-21 24 $90 $40 $57.428 $33.11 73.45%
2023-02-24 23 $90 $40 $55.285 $33.11 66.97%
2023-04-18 24 $90 $35 $54.571 $33.11 64.82%
2023-04-20 24 $90 $35 $53.523 $33.11 61.65%
2023-05-10 23 $90 $40 $52.45 $33.11 58.41%
2023-05-11 24 $90 $29 $48.142 $33.11 45.4%
2023-05-12 24 $90 $29 $47.523 $33.11 43.53%
2023-06-06 24 $90 $29 $47.272 $33.11 42.77%
2023-06-29 24 $90 $32 $47.636 $33.11 43.87%
2023-07-19 24 $90 $32 $47.818 $33.11 44.42%
2023-08-02 24 $90 $32 $48.227 $33.11 45.66%
2023-08-07 23 $90 $32 $49.454 $33.11 49.36%
2023-08-08 24 $90 $32 $49.454 $33.11 49.36%
2023-08-22 24 $90 $32 $46.5 $33.11 40.44%
2023-08-28 25 $90 $32 $46.5 $33.11 40.44%
2023-09-11 25 $90 $32 $46.318 $33.11 39.89%
2023-09-20 25 $90 $32 $46.318 $33.11 39.89%
2023-09-22 25 $65 $32 $44.238 $33.11 33.61%
2023-10-18 24 $65 $32 $44.238 $33.11 33.61%
2023-10-20 24 $65 $32 $44.047 $33.11 33.03%
2023-11-07 24 $65 $32 $43.238 $33.11 30.59%
2023-11-08 24 $60 $32 $41.952 $33.11 26.7%
2023-12-11 24 $55 $32 $40.8 $33.11 23.23%
2023-12-13 24 $55 $32 $40.315 $33.11 21.76%
2023-12-19 24 $55 $32 $40.263 $33.11 21.6%
2023-12-20 24 $55 $32 $40.263 $33.11 21.6%
2023-12-29 24 $55 $32 $39.789 $33.11 20.17%

The Trend in the Analyst Price Target


Over the past 24 months, RNG's average price target has gone down $318.88.

Over the past 50 weeks, RNG's average upside potential has been 47.95%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-02-16 23 90 40 57.952 37.07 56.33%
2023-02-20 23 90 40 57.952 36.97 56.75%
2023-02-21 24 90 40 57.428 35.49 61.81%
2023-10-20 24 65 32 44.047 27.64 59.36%
2023-10-23 24 65 32 43.238 25.60 68.9%

RNG Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2.13 10 1 13 0 0 24

The Trend in the Broker Recommendations


RNG's average broker recommendation rating worsened by 0.73 over the prior 20 months.

The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.

  • RNG has a greater number of analysts covering the stock than 7043.68% of all US stocks.
  • RINGCENTRAL INC's variance in analysts' estimates is lower than -6336.93% of all US stocks.
  • In the context of stocks in the large market cap category, RINGCENTRAL INC's upside potential (average analyst target price relative to current price) is higher than 6718.99% of them.
  • In terms of how RINGCENTRAL INC fares relative to stocks in the large market cap category, note that its average analyst price target is higher than 4231.62% of that group.

In the Business Services industry, WDAY, PEGA, and FI 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!


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!