RingCentral, Inc. (RNG) Stock Price & Analysis
RingCentral, Inc. (RNG) closed at USD 79.42 on Thursday, October 22, 2026, down 3.64% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 82.42; the Oct 22, 2026 session ranged USD 78.4–82.38 on volume of 2,417,575 shares. Market capitalization is $6.63B, with a 52-week range of USD 24.14–83.72 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:21 UTC.
Also available as compact Markdown for AI agents: nexqual.com/RNG.md
Key facts (RNG)
- Last four reported quarters (through Jun 30, 2026): revenue $2.58B, net income $110M (4.3% margin), free cash flow $638M (SEC filings).
- 1 of 80 tracked superinvestors hold RNG (13F, Q2 2026): 1 new, 0 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 23 Form 4 filings, $9.5M; 0 not under a Rule 10b5-1 plan ($0K); 0 by opportunistic insiders, 8 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y +174.0% vs S&P 500 +14.9%; 5Y -67.8% vs S&P 500 +80.3%.
- Next earnings: 2026-10-22, EPS estimate USD 1.35, revenue estimate $676M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (RNG)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.59B | $1.99B | $2.20B | $2.40B | $2.52B | $2.58B |
| Gross profit | $1.15B | $1.35B | $1.54B | $1.69B | $1.79B | — |
| Operating income | -$302M | -$649M | -$199M | $2.7M | $121M | $174M |
| Net income | -$376M | -$879M | -$165M | -$58.3M | $43.4M | $110M |
| EPS (diluted) | -$4.10 | -$9.23 | -$1.74 | -$0.63 | $0.48 | — |
| Free cash flow | $123M | $159M | $376M | $458M | $587M | $638M |
| Gross margin | 71.9% | 67.7% | 69.8% | 70.6% | 71.2% | — |
| Operating margin | -18.9% | -32.7% | -9.0% | 0.1% | 4.8% | 6.7% |
| Net margin | -23.6% | -44.2% | -7.5% | -2.4% | 1.7% | 4.3% |
| Revenue growth | +34.7% | +24.7% | +10.8% | +9.0% | +4.8% | — |
| Cash + short-term investments | $267M | $270M | $222M | $243M | $133M | — |
| Total debt | $1.40B | $1.64B | $1.56B | $1.53B | $1.25B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (RNG)
P/E at fiscal year-ends: Dec 2025 60.7x.
Superinvestors (SEC 13F-HR, Q2 2026) (RNG)
1 of 80 tracked investors hold RNG. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Polen Capital | Polen Capital Management | 0.01% | $1.6M | New position |
Insider sales (SEC Form 4, open-market, last ~7 months) (RNG)
23 of 23 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-02 | Shenkan Amy Guggenheim | Director | 1,264 | $100K | 4.3% | Yes (adopted August 21, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-09-14 | Makagon Kira | President and COO | 36,185 | $2.5M | 12.9% | Yes (adopted June 12, 2026) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-09-09 | Arora Tarun | Chief Accounting Officer | 4,172 | $294K | 6% | Yes (adopted May 22, 2026) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-09-03 | Arora Tarun | Chief Accounting Officer | 954 | $73K | 1.3% | Yes (adopted May 22, 2026) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-09-02…2026-09-03 | Shmunis Vladimir | CEO and Chairman | 26,721 | $2.0M | 13% | Yes (adopted March 13, 2026) | Routine (sold in Aug & Nov each year 2023–2025; this trade is outside those months) |
| 2026-09-02 | Agarwal Vaibhav | Chief Financial Officer | 7,046 | $508K | 4.6% | Yes (adopted September 15, 2025) | Routine (sold in Feb & Aug & Nov each year 2023–2025; this trade is outside those months) |
| 2026-08-28 | Arora Tarun | Chief Accounting Officer | 4,568 | $318K | 5.7% | Yes (adopted May 22, 2026) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-25 | Arora Tarun | Chief Accounting Officer | 675 | $46K | 0.8% | Yes (adopted May 22, 2026) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-21 | Arora Tarun | Chief Accounting Officer | 1,876 | $122K | 2.3% | Yes (adopted May 22, 2026) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-21 | Agarwal Vaibhav | Chief Financial Officer | 4,044 | $263K | 2.4% | Yes (adopted September 15, 2025) | Routine (sold in Feb & Aug & Nov each year 2023–2025) |
| 2026-08-18 | Agarwal Vaibhav | Chief Financial Officer | 1,688 | $111K | 1% | Yes (adopted September 15, 2025) | Routine (sold in Feb & Aug & Nov each year 2023–2025) |
| 2026-07-02 | Theis Robert I | Director | 2,530 | $102K | 7.6% | Yes (adopted May 22, 2025) | Too little history (no open-market trades in 2023) |
| 2026-07-02 | Shenkan Amy Guggenheim | Director | 1,265 | $51K | 4.1% | Yes (adopted August 21, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-06-15…2026-06-16 | Shmunis Vladimir | CEO and Chairman | 27,252 | $1.0M | 10.6% | Yes (adopted March 13, 2026) | Routine (sold in Aug & Nov each year 2023–2025; this trade is outside those months) |
| 2026-06-10 | Arora Tarun | Chief Accounting Officer | 4,171 | $162K | 4.7% | Yes (adopted March 14, 2025) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-06-02 | Agarwal Vaibhav | Chief Financial Officer | 7,047 | $325K | 4% | Yes (adopted September 15, 2025) | Routine (sold in Feb & Aug & Nov each year 2023–2025; this trade is outside those months) |
| 2026-05-29 | Arora Tarun | Chief Accounting Officer | 3,615 | $155K | 3.9% | Yes (adopted March 14, 2025) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-05-27 | Makagon Kira | President and COO | 16,988 | $723K | 7.4% | Yes (adopted March 14, 2025) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-05-26 | Arora Tarun | Chief Accounting Officer | 919 | $39K | 1.3% | Yes (adopted March 14, 2025) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-05-21 | Agarwal Vaibhav | Chief Financial Officer | 4,044 | $170K | 3% | Yes (adopted September 15, 2025) | Routine (sold in Feb & Aug & Nov each year 2023–2025; this trade is outside those months) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (RNG)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-03 | RBC Capital | Initiated | Outperform | $85 |
| 2026-09-01 | Oppenheimer | Target raised | Outperform | $50 → $85 |
| 2026-08-28 | Needham | Target raised | Buy | $55 → $85 |
| 2026-08-25 | Wells Fargo | Target raised | Equal-Weight | $43 → $65 |
| 2026-07-24 | Mizuho | Target raised | Neutral | $38 → $40 |
| 2026-07-24 | Piper Sandler | Target raised | Neutral | $40 → $43 |
| 2026-07-24 | Rosenblatt | Maintained | Buy | $50 |
Total return (dividends reinvested) (RNG)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +174.0% | -67.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +175.0% | -20.2% |
| Volatility (annualized) | 67.1% | 58.0% |
| Max drawdown | -29.3% (Jun 2026→Jun 2026) | -91.8% (Nov 2021→Mar 2025) |
RNG revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Subscriptions | $633.6M | 96.4% | +5.8% |
| Other | $23.4M | 3.6% | +7.8% |
| Product | $13.0M | 2.0% | +2.4% |
| Total revenue | $657.0M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
RNG suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | NICE Ltd. (NICE) | “also resell third-party products and services, in particular, solutions from NICE and, any interruptions of their service may impact our customers.” |
| Customer | Equinix (EQIX) | “We currently serve our North American customers from geographically disparate data center hosting facilities in North America, where we lease space from Equinix, Inc., and other providers, and we serve our European customers from third-party data center hosting facilities in Europe.” |
| Partner | ServiceNow (NOW) | “◦Deep CRM integrations, including Salesforce, Zendesk, ServiceNow, HubSpot, Microsoft Dynamics, and others, ensuring customer interactions are context-aware and data-driven.” |
| Competitor | Microsoft (MSFT) | “•software providers such as Microsoft Corporation, Zoom Communications, Inc. and Cisco Systems, Inc. that generally license and/or host their software solutions, and their resellers including major global service providers and cable companies;” |
| Competitor | Salesforce (CRM) | “•video meeting and collaboration service providers such as Amazon.com, Inc., Apple Inc., Alphabet Inc. (Google G-Suite and Meet), Meta Platforms, Inc., Microsoft Teams, Slack Technologies, Inc. (acquired by Salesforce.com, Inc.), and Zoom Communications, Inc.;” |
| Competitor | Amazon (AMZN) | “•other cloud companies such as 8x8, Inc., Amazon.com, Inc., DialPad, Inc., GoTo, Microsoft Corporation, Nextiva, Inc., Twilio Inc., Vonage Holdings Corp. (acquired by Ericsson), Alianza, Inc., and Zoom Communications, Inc.;” |
| Competitor | Cisco (CSCO) | “•traditional on-premise, hardware business communications providers such as Alcatel-Lucent Enterprise, Avaya LLC, Cisco Systems, Inc., Mitel Networks Corporation, NEC Corporation, and Siemens Enterprise Networks, LLC, any of which may now or in the future also host their solutions through the cloud;” |
| Competitor | Alphabet (Google) (GOOGL) | “•video meeting and collaboration service providers such as Amazon.com, Inc., Apple Inc., Alphabet Inc. (Google G-Suite and Meet), Meta Platforms, Inc., Microsoft Teams, Slack Technologies, Inc. (acquired by Salesforce.com, Inc.), and Zoom Communications, Inc.;” |
| Competitor | Meta Platforms (META) | “•video meeting and collaboration service providers such as Amazon.com, Inc., Apple Inc., Alphabet Inc. (Google G-Suite and Meet), Meta Platforms, Inc., Microsoft Teams, Slack Technologies, Inc. (acquired by Salesforce.com, Inc.), and Zoom Communications, Inc.;” |
| Competitor | Oracle (ORCL) | “•other technology companies such as Alphabet Inc. (Google Voice), Meta Platforms, Inc., Oracle Corporation, and Salesforce.com, Inc., any of which might launch its own cloud-based business communication services or acquire other cloud-based business communications companies in the future;” |
| Competitor | Comcast (CMCSA) | “•established business communications providers that resell on-premise hardware, software, and hosted solutions, such as Comcast, TMU, Orange, and others, all of whom currently have significantly greater resources than us and now or in the future also may develop and/or host their own or other solutions through the cloud;” |
| Competitor | Apple (AAPL) | “•video meeting and collaboration service providers such as Amazon.com, Inc., Apple Inc., Alphabet Inc. (Google G-Suite and Meet), Meta Platforms, Inc., Microsoft Teams, Slack Technologies, Inc. (acquired by Salesforce.com, Inc.), and Zoom Communications, Inc.;” |
| Competitor | AT&T (T) | “Our competitors include but are not limited to: 8x8, Inc., Dialpad, Inc., LogMeIn, Inc., Microsoft Corporation, Nextiva, Inc., Twilio Inc., Ericsson, Zoom, Amazon.com, Inc., AT&T Inc., BT Group plc, TELUS Corporation, Vodafone Group Plc, Deutsche Telekom, Avaya LLC, Mitel Networks Corporation, Cisco Systems, Inc., Alphabet Inc., Meta Platforms, Inc., Oracle Corporation, Salesforce Inc., Five9, Inc., NICE (includin…” |
Quoted from the company's 10-K filed Feb 27, 2026.
Companies that name RNG in their SEC reports
| Relationship to RNG | Company | Filing | Sentence |
|---|---|---|---|
| partner | Kodiak AI, Inc. (KDK) | 10-K Mar 11, 2026 | “Mr. Goldman currently serves on the boards of directors of Fortinet Inc., RingCentral, Inc., a provider of cloud-based communication and collaboration products and services, C3.ai, Inc., an enterprise artificial intelligence software company, and Wealthfront Corporation, a fintech company.” |
RNG company outlook (results filed Oct 22, 2026)
- “Fourth Quarter 2026 Guidance: • Subscriptions revenue of $653 to $659 million. • Total revenue of $673 to $680 million. • GAAP operating margin of 13.3% to 14.7%. • Non-GAAP operating margin of 25.0% to 25.5%. • Non-GAAP EPS of $1.32 to $1.37 based on approximately 88.7 million fully diluted shares. • Share-based compensation of $57 to $62 million.”
- “Conference Call Details: • What: RingCentral financial results for the third quarter of 2026 and outlook for the fourth quarter and full year of 2026. • When: Thursday, October 22, 2026 at 2:00PM PT (5:00PM ET). • Dial-in: 1-888-349-0093 from the United States; 1-412-317-5201 internationally • Webcast: https://ir.ringcentral.com (live and replay).”
Analysts expect $675.5M for the current quarter, 3.0% above the midpoint of the company's guidance ($656.0M).
Quoted word-for-word from the SEC 8-K results press release.
RNG analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $1.35 | $1.35 | +0.5% | $675.5M | 12 |
| Next quarter (ends Mar 2027) | $1.31 | $1.29 | +1.3% | $676.2M | 13 |
| Current fiscal year (ends Dec 2026) | $5.11 | $5.04 | +1.3% | $2.65B | 8 |
| Next fiscal year (ends Dec 2027) | $5.56 | $5.50 | +1.1% | $2.77B | 14 |
RNG options: expected move
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 115.3% | ±16.6% |
| Nov 6, 2026 | 14 | 93.3% | ±17.5% |
| Nov 13, 2026 | 21 | 82.8% | ±18.3% |
| Nov 20, 2026 | 28 | 78.5% | ±18.8% |
| Nov 27, 2026 | 35 | 73.8% | ±19.9% |
| Dec 4, 2026 | 42 | 70.7% | ±20.7% |
| Dec 18, 2026 | 56 | 67.1% | ±21.5% |
| Jan 15, 2027 | 84 | 62.5% | ±23.9% |
30-day implied volatility 76.4% vs 51.6% realized over the last 30 trading days. Put/call ratio (volume) 0.4. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:21 UTC)
| Price | USD 79.42 |
|---|---|
| Change | ▼ 3.64% (down) |
| Previous Close | USD 82.42 |
| Open | USD 81.39 |
| Day Range | USD 78.4 – 82.38 |
| 52-Week Range | USD 24.14 – 83.72 |
| Volume | 2,417,575 shares |
| Market Cap | $6.63B |
| Exchange | NYQ |
Technical Analysis (RNG)
Nexqual's technical model rates RNG "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 23, 2026 at 09:21 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 53.83 (neutral) |
| vs SMA50 | Above (USD 73.54) |
| MACD | 2.02 (positive) |
Earnings (RNG)
| Next Earnings Date | 2026-10-22 |
|---|---|
| EPS Estimate | USD 1.35 |
| Revenue Estimate | $675.50M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 1.33 vs est 1.27 ▲ beat |
| 2026-06-30 | USD 1.22 vs est 1.17 ▲ beat |
| 2026-03-31 | USD 1.2 vs est 1.17 ▲ beat |
| 2025-12-31 | USD 1.18 vs est 1.13 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Financials & Fundamentals (RNG)
| Total Revenue | $2.58B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +5.90% |
| Gross Margin | +71.86% |
| Operating Margin | +8.80% |
| Profit Margin | +4.27% |
| Current Ratio | 1.11 |
| Total Cash | $111.50M |
| Total Debt | $1.16B |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Ownership (RNG)
| Insider Ownership | +1.05% |
|---|---|
| Institutional Ownership | +118.72% |
| Shares Outstanding | 73.74M |
| Float | 72.61M |
| Short % of Float | +16.49% |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Leadership (RNG)
RingCentral, Inc. is led by Vladimir G. Shmunis, Co-Founder, CEO & Executive Chairman, per Nexqual as of October 23, 2026 at 09:21 UTC.
| Co-Founder, CEO & Executive Chairman | Vladimir G. Shmunis |
|---|---|
| President & COO | Kira Makagon |
| Chief Financial Officer | Vaibhav Agarwal |
| Co-Founder & CTO | Vlad Vendrow |
| Vice President of Investor Relations | Steven Horwitz |
Major Backers & Investors (RNG)
Notable institutional backers of RingCentral, Inc. include Capital Group, Ameriprise Financial, Inc., SmallCap World Fund Inc, according to Nexqual as of October 23, 2026 at 09:21 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Capital Group | 15.03% |
| Ameriprise Financial, Inc. | 6.94% |
| SmallCap World Fund Inc | 5.87% |
| LSV Asset Management | 5.39% |
| Growth Fund of America | 4.06% |
| First Trust Advisors LP | 3.18% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 14.65% |
| Vanguard Group | 13.34% |
| State Street | 4.09% |
| Columbia Threadneedle | 3.91% |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
From RingCentral, Inc.'s Latest SEC 10-K Filing (filed 2026-02-27)
Key Strengths & Strategy (as disclosed to the SEC)
- We rely on a combination of patent, copyright, and trade secret laws in the U.S. and other jurisdictions, as well as license agreements and other contractual protections, to protect our proprietary technology.
- Our platform is at the forefront of business-to-consumer interactions, where voice and text remain the predominant methods for consumers to engage with providers.
- Our indirect sales channels help broaden the adoption of our solutions and enable us to leverage the channel to sell our services as well as access their customer bases.
- Our engineering team has relevant industry experience in various disciplines related to our platform, such as voice, video, events, text, team messaging and collaboration, mobile application development, IP networking and infrastructure, contact center, digital customer engagement, user experience, security, robust multi-tenant cloud-based system architecture and advanced AI capabilities.
Legal & Regulatory Risks (Item 1A, quoted)
- Our voice products are regulated by the Federal Communications Commission ("FCC") as interconnected VoIP services, and we provide other communications services, such as videoconferencing and fax, that may also be subject to FCC regulation.
- Data protection laws in the U.S. and abroad give consumers and businesses rights to control the processing of personal data, including the right to opt-out of the sale, sharing, or certain uses of their data and to which countries their data may be transferred.
- Regulation of personal information is evolving, and new laws could further impact how we handle personal information and/or could require us to incur additional compliance costs, either or both of which could have an adverse impact on our operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| APPF | AppFolio, Inc. | USD 217.33 | ▲ 0.06% |
| DSGX | The Descartes Systems Group Inc | USD 94 | ▲ 1.74% |
| TTAN | ServiceTitan, Inc. | USD 85.2 | ▲ 3.5% |
| IDCC | InterDigital, Inc. | USD 332.06 | ▼ 0.78% |
| YMM | Full Truck Alliance Co. Ltd. | USD 8.35 | ▼ 1.76% |
| PCTY | Paylocity Holding Corporation | USD 177.67 | ▲ 4.93% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:21 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt