RingCentral (NYSE:RNG) Issues FY 2026 Earnings Guidance

RingCentral (NYSE:RNG) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 4.960-5.100 for the period, compared to the consensus EPS estimate of 4.500. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion. RingCentral also updated its Q3 2026 guidance to 1.250-1.300 EPS.

Wall Street Analyst Weigh In

Several analysts have issued reports on RNG shares. Piper Sandler upped their target price on RingCentral from $40.00 to $43.00 and gave the stock a “neutral” rating in a research note on Friday. Mizuho boosted their price target on shares of RingCentral from $38.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday. Robert W. Baird set a $45.00 price objective on RingCentral in a research note on Friday, May 8th. Needham & Company LLC reissued a “buy” rating on shares of RingCentral in a research note on Monday. Finally, Rosenblatt Securities restated a “buy” rating and set a $50.00 price target on shares of RingCentral in a research report on Friday. Three investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $44.40.

RingCentral Price Performance

Shares of NYSE RNG opened at $48.33 on Friday. RingCentral has a 1 year low of $23.59 and a 1 year high of $50.14. The stock has a market capitalization of $4.05 billion, a P/E ratio of 38.66, a P/E/G ratio of 1.14 and a beta of 1.14. The company’s 50-day moving average is $40.41 and its 200 day moving average is $36.78.

RingCentral (NYSE:RNG) last released its earnings results on Thursday, July 23rd. The software maker reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.06. The company had revenue of $657.01 million during the quarter, compared to analysts’ expectations of $650.53 million. RingCentral had a negative return on equity of 34.98% and a net margin of 4.27%.The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.06 EPS. RingCentral has set its FY 2026 guidance at 4.960-5.100 EPS and its Q3 2026 guidance at 1.250-1.300 EPS. Research analysts anticipate that RingCentral will post 2.78 earnings per share for the current year.

RingCentral Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th will be paid a dividend of $0.125 per share. The ex-dividend date is Thursday, August 6th. This is a positive change from RingCentral’s previous quarterly dividend of $0.07. This represents a $0.50 dividend on an annualized basis and a yield of 1.0%. RingCentral’s dividend payout ratio (DPR) is presently 31.91%.

Insider Transactions at RingCentral

In other RingCentral news, Director Amy Guggenheim Shenkan sold 1,265 shares of the stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $40.59, for a total transaction of $51,346.35. Following the sale, the director directly owned 29,372 shares in the company, valued at approximately $1,192,209.48. This trade represents a 4.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tarun Arora sold 3,615 shares of the company’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $43.00, for a total value of $155,445.00. Following the transaction, the chief accounting officer directly owned 68,100 shares in the company, valued at approximately $2,928,300. The trade was a 5.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 44,498 shares of company stock worth $1,892,586 over the last quarter. Corporate insiders own 7.30% of the company’s stock.

More RingCentral News

Here are the key news stories impacting RingCentral this week:

• Positive Sentiment: RingCentral reported Q2 EPS of $1.22 versus $1.16 expected and revenue of $657.0 million versus $650.5 million expected, showing a solid beat on both the top and bottom lines. RingCentral Q2 Earnings Report
• Positive Sentiment: The company raised Q3 2026 guidance to EPS of $1.25-$1.30 and revenue of $664 million-$670 million, both above consensus, and lifted FY 2026 EPS guidance to $4.96-$5.10. RingCentral Financial Results
• Positive Sentiment: Management and recent commentary point to stronger subscription growth, higher margins, and expanding AI adoption, which are supporting the improved growth outlook. Zacks Q2 Earnings Article
• Positive Sentiment: RingCentral also announced a 66.7% increase in its quarterly dividend to $0.125 per share, signaling confidence in cash generation and capital returns. Insider Monkey Article
• Neutral Sentiment: Mizuho raised its price target to $40 but kept a neutral rating, which is below the current trading level and suggests some caution on valuation. Mizuho Price Target Update
• Neutral Sentiment: Rosenblatt reaffirmed a buy rating with a $50 target, broadly reinforcing the positive post-earnings sentiment. Rosenblatt Rating Update

Institutional Trading of RingCentral

Large investors have recently modified their holdings of the company. Xponance LLC boosted its holdings in shares of RingCentral by 4.0% in the fourth quarter. Xponance LLC now owns 12,059 shares of the software maker’s stock worth $348,000 after buying an additional 464 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of RingCentral by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 68,575 shares of the software maker’s stock worth $1,944,000 after purchasing an additional 524 shares in the last quarter. Global Retirement Partners LLC lifted its position in RingCentral by 70.9% during the fourth quarter. Global Retirement Partners LLC now owns 1,540 shares of the software maker’s stock valued at $44,000 after purchasing an additional 639 shares in the last quarter. Parallel Advisors LLC grew its holdings in RingCentral by 43.8% during the fourth quarter. Parallel Advisors LLC now owns 2,230 shares of the software maker’s stock valued at $64,000 after purchasing an additional 679 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in shares of RingCentral by 7.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,313 shares of the software maker’s stock worth $298,000 after buying an additional 728 shares during the period. Institutional investors own 98.61% of the company’s stock.

About RingCentral

RingCentral, Inc is a leading provider of cloud-based business communications and collaboration solutions. The company’s flagship platform delivers unified communications as a service (UCaaS), integrating voice over IP (VoIP) phone systems, video conferencing, team messaging and SMS into a single, cloud-native application. In addition to its UCaaS offering, RingCentral provides contact center as a service (CCaaS) capabilities, enabling organizations to manage customer interactions across voice, email, chat and social channels from a centralized dashboard.

Founded in 1999 and headquartered in Belmont, California, RingCentral went public on the New York Stock Exchange under the ticker RNG in 2013.