RingCentral (NYSE:RNG) Announces Q4 2026 Earnings Guidance

RingCentral (NYSE:RNG) updated its fourth quarter 2026 earnings guidance on Friday. The company provided earnings per share guidance of 1.320-1.370 for the period, compared to the consensus earnings per share estimate of 1.240. The company issued revenue guidance of $673.0 million-$680.0 million, compared to the consensus revenue estimate of $672.6 million. RingCentral also updated its FY 2026 guidance to 5.070-5.120 EPS.

RingCentral Trading Up 5.1%

RNG stock opened at $83.46 on Friday. The stock’s fifty day simple moving average is $74.01 and its two-hundred day simple moving average is $54.24. The stock has a market cap of $6.97 billion, a P/E ratio of 11.04, a P/E/G ratio of 1.44 and a beta of 1.10. RingCentral has a 1-year low of $24.14 and a 1-year high of $98.14.

RingCentral (NYSE:RNG) last posted its quarterly earnings data on Thursday, October 22nd. The software maker reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.05. RingCentral had a net margin of 25.27% and a negative return on equity of 37.87%. The company had revenue of $676.04 million during the quarter, compared to the consensus estimate of $667.30 million. During the same period in the previous year, the firm posted $1.13 EPS. The firm’s revenue was up 5.8% compared to the same quarter last year. As a group, analysts forecast that RingCentral will post 2.89 earnings per share for the current fiscal year.

RingCentral Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Friday, November 6th will be paid a dividend of $0.1250 per share. This represents a $0.50 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, November 6th. RingCentral’s payout ratio is presently 6.61%.

Wall Street Analyst Weigh In

RNG has been the topic of a number of research reports. Evercore set a $90.00 target price on shares of RingCentral in a research report on Friday. Oppenheimer increased their price target on shares of RingCentral from $85.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday. Wells Fargo & Company lifted their price objective on shares of RingCentral from $65.00 to $85.00 and gave the company an “equal weight” rating in a research note on Friday. UBS Group set a $91.00 price objective on shares of RingCentral in a research note on Friday. Finally, Rosenblatt Securities reissued a “buy” rating and set a $50.00 target price on shares of RingCentral in a report on Friday, July 24th. Six investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $89.69.

Insider Buying and Selling

In related news, CAO Tarun Arora sold 4,172 shares of the business’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $70.36, for a total transaction of $293,541.92. Following the transaction, the chief accounting officer directly owned 65,692 shares in the company, valued at approximately $4,622,089.12. The trade was a 5.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Amy Shenkan sold 1,264 shares of the stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $78.89, for a total transaction of $99,716.96. Following the completion of the sale, the director owned 28,108 shares of the company’s stock, valued at approximately $2,217,440.12. The trade was a 4.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 84,625 shares of company stock worth $6,024,953 in the last ninety days. Company insiders own 7.30% of the company’s stock.

Key Stories Impacting RingCentral

Here are the key news stories impacting RingCentral this week:

• Positive Sentiment: Raised full-year guidance: RingCentral now expects fiscal 2026 adjusted EPS of $5.07–$5.12, well above the $4.61 analyst consensus, and revenue of approximately $2.7 billion versus expectations of $2.6 billion. Fourth-quarter EPS guidance of $1.32–$1.37 also exceeds the $1.24 consensus, while revenue guidance is slightly above estimates. RingCentral guidance
• Positive Sentiment: Beat quarterly expectations: Third-quarter EPS came in at $1.33 versus the $1.28 consensus, while revenue of $676.04 million exceeded estimates of $667.30 million and increased 5.8% year over year. RingCentral Q3 earnings
• Positive Sentiment: AI growth is becoming material: Paid artificial-intelligence product annual recurring revenue surpassed $400 million, with reports indicating that AI monetization roughly doubled. This supports expectations for stronger growth and margin expansion. RingCentral long-term investor takeaways
• Positive Sentiment: Balance sheet improved: RingCentral reduced gross debt below $1 billion ahead of schedule, while earnings and cash flow improved. The company also declared a quarterly dividend of $0.125 per share, equal to a $0.50 annualized payout. RingCentral outlook and cash flow
• Neutral Sentiment: Analyst targets moved higher: Needham raised its target to $110 with a Buy rating, FBN Securities lifted its target to $105, and Morgan Stanley increased its target to $91 while retaining Equal Weight. Wells Fargo also raised its target to $85 but maintained Equal Weight, suggesting some analysts view the near-term upside as more limited.
• Neutral Sentiment: At approximately $83.46, RingCentral remains below its $98.14 52-week high but trades well above its 50-day and 200-day moving averages, indicating strong momentum alongside a higher valuation.

RingCentral Company Profile

RingCentral, Inc is a provider of cloud-based business communications and collaboration solutions. Its platform enables organizations to manage business phone services, team messaging, video meetings, contact center operations and other communications through internet-based applications rather than traditional on-premises systems.

The company’s offerings include RingEX, a unified communications platform that combines voice, messaging and video; RingCentral Video for online meetings and collaboration; and RingCX, a cloud contact center solution.