Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
RNG logo RNG
Upturn stock ratingUpturn stock rating
RNG logo

Ringcentral Inc (RNG)

Upturn stock ratingUpturn stock rating
$29.87
Last Close (24-hour delay)
Profit since last BUY5.4%
upturn advisory
Consider higher Upturn Star rating
BUY since 36 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

07/03/2025: RNG (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

20 Analysts rated it

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $34.34

1 Year Target Price $34.34

Analysts Price Target For last 52 week
$34.34 Target price
52w Low $20.59
Current$29.87
52w High $42.19

Analysis of Past Performance

Type Stock
Historic Profit -35.36%
Avg. Invested days 27
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/03/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.70B USD
Price to earnings Ratio -
1Y Target Price 34.34
Price to earnings Ratio -
1Y Target Price 34.34
Volume (30-day avg) 20
Beta 1.27
52 Weeks Range 20.59 - 42.19
Updated Date 07/4/2025
52 Weeks Range 20.59 - 42.19
Updated Date 07/4/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.43

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -1.65%
Operating Margin (TTM) 2.85%

Management Effectiveness

Return on Assets (TTM) 1.35%
Return on Equity (TTM) -689.33%

Valuation

Trailing PE -
Forward PE 7.01
Enterprise Value 3956323203
Price to Sales(TTM) 1.11
Enterprise Value 3956323203
Price to Sales(TTM) 1.11
Enterprise Value to Revenue 1.63
Enterprise Value to EBITDA 15.25
Shares Outstanding 80647104
Shares Floating 71430047
Shares Outstanding 80647104
Shares Floating 71430047
Percent Insiders 1.31
Percent Institutions 109.1

ai summary icon Upturn AI SWOT

Ringcentral Inc

stock logo

Company Overview

overview logo History and Background

RingCentral, Inc. was founded in 1999 by Vlad Shmunis and RingCentral went public in 2013. It initially focused on small business cloud-based phone systems but evolved into a comprehensive unified communications as a service (UCaaS) provider.

business area logo Core Business Areas

  • UCaaS Platform: RingCentral provides a cloud-based communication platform for businesses, offering features like voice, video conferencing, messaging, and collaboration tools.
  • Contact Center Solutions: They offer contact center solutions that enhance customer service capabilities through features like automatic call distribution (ACD), interactive voice response (IVR), and agent analytics.
  • Video Conferencing: RingCentral provides its own video conferencing platform to compete with Zoom and Microsoft Teams.

leadership logo Leadership and Structure

Vlad Shmunis is the Founder, Chairman and CEO. The company has a typical corporate structure with departments for engineering, sales, marketing, finance, and operations.

Top Products and Market Share

overview logo Key Offerings

  • RingCentral MVP (Message, Video, Phone): Offers cloud-based communication and collaboration. Competitors include Microsoft Teams, Zoom, Cisco Webex. Market share information varies; RingCentral is a significant player in the UCaaS market but is not the leader. Number of users data not publicly available precisely. Total annual revenue not broken out but can be found in the filings.
  • RingCentral Contact Center: Provides cloud contact center solutions. Competitors include NICE inContact, Genesys Cloud, and Five9. Market share information varies; RingCentral is a significant player in the CCaaS market but is not the leader. Number of users data not publicly available precisely. Total annual revenue not broken out but can be found in the filings.

Market Dynamics

industry overview logo Industry Overview

The UCaaS market is experiencing rapid growth, driven by the increasing adoption of remote work and the need for integrated communication solutions. The CCaaS market is also growing due to the demand for better customer experiences.

Positioning

RingCentral is positioned as a leading UCaaS provider with a strong focus on innovation and customer satisfaction. It competes with larger tech companies and specialized communication vendors.

Total Addressable Market (TAM)

The combined UCaaS and CCaaS markets are estimated at over $100 billion. RingCentral is well-positioned to capture a significant portion of this TAM but faces strong competition.

Upturn SWOT Analysis

Strengths

  • Comprehensive UCaaS platform
  • Strong brand recognition
  • Large customer base
  • Innovative product development

Weaknesses

  • High operating costs
  • Intense competition
  • Integration challenges with legacy systems

Opportunities

  • Expansion into new geographic markets
  • Strategic acquisitions to broaden product portfolio
  • Partnerships with leading technology companies
  • Increasing adoption of cloud-based communication solutions

Threats

  • Economic downturn
  • Increasing competition from larger tech companies
  • Security breaches and data privacy concerns
  • Rapid technological changes

Competitors and Market Share

competitor logo Key Competitors

  • MSFT
  • ZM
  • CSCO

Competitive Landscape

RingCentral faces intense competition from larger tech companies with deeper pockets and established customer relationships. However, it has a strong product offering and a dedicated customer base.

Major Acquisitions

Kindite

  • Year: 2021
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Kindite's encryption key management tech enhanced RingCentral's security.

Growth Trajectory and Initiatives

Historical Growth: RingCentral has experienced rapid revenue growth in recent years due to the increasing demand for UCaaS solutions.

Future Projections: Analysts project continued revenue growth for RingCentral in the coming years, driven by expansion into new markets and the increasing adoption of cloud-based communication.

Recent Initiatives: Recent initiatives include product enhancements, strategic acquisitions, and partnerships with leading technology companies.

Summary

RingCentral is a significant player in the UCaaS market with a comprehensive product offering and strong brand recognition. However, it faces intense competition and high operating costs. The company's growth trajectory is promising, but it needs to carefully manage its expenses and maintain its competitive edge. Strategic acquisitions and partnerships will be key to its long-term success.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Analyst Estimates
  • Third-party market research reports

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. It should not be considered financial advice. Market data and analyst estimates are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Ringcentral Inc

Exchange NYSE
Headquaters Belmont, CA, United States
IPO Launch date 2013-09-27
Co-Founder, CEO & Executive Chairman Mr. Vladimir G. Shmunis
Sector Technology
Industry Software - Application
Full time employees 4260
Full time employees 4260

RingCentral, Inc., together with its subsidiaries, provides cloud business communications, contact center, video, and hybrid event solutions in North America and internationally. The company's products include RingEX, a unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that delivers omni-channel and workforce engagement solutions; and RingCX, a contact center as a service solution for customer engagement with CRM integrations. It also offers artificial intelligence (AI) solutions, such as AI Receptionist, an AI phone agent; AI Assistant, which automates conversation recaps, captures notes, and summarizes actions; RingSense for transforming conversations into actionable conversational intelligence, sentiment and trend analysis, and sales intelligence and analyzing customer interactions; AI-based Quality Management for coaching and operational insights; AI Agent Assist that provides real-time suggestions and contextual responses; AI Supervisor Assist for real-time monitoring, coaching, and sentiment analysis; and RingCentral for Microsoft Teams. In additions, the company provides RingCentral Events, which enables businesses to host virtual, hybrid, and in-person events with AI-powered engagement tools; and sells pre-configured phones and professional services. It serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, and state and local government, and others. The company sells its products to enterprise customers, and small and medium-sized businesses through resellers and distributors, partners, and global service providers. RingCentral, Inc. was incorporated in 1999 and is headquartered in Belmont, California.