RingCentral Future Growth
Future criteria checks 4/6
RingCentral is forecast to grow earnings and revenue by 75.3% and 7.4% per annum respectively. EPS is expected to grow by 71.2% per annum. Return on equity is forecast to be 95.5% in 3 years.
Key information
75.3%
Earnings growth rate
71.2%
EPS growth rate
| Software earnings growth | 15.6% |
| Revenue growth rate | 7.4% |
| Future return on equity | 95.5% |
| Analyst coverage | Good |
| Last updated | 19 Apr 2024 |
Recent future growth updates
Recent updates
RingCentral: Business Continues To Stabilize
Apr 08RingCentral: Making Progress, But Many Caveats Remain
Mar 03RingCentral, Inc.'s (NYSE:RNG) Low P/S No Reason For Excitement
Jan 21
RingCentral's Growth Concerns And Financial Strain
Dec 21RingCentral, Inc. (NYSE:RNG) Shares Could Be 39% Below Their Intrinsic Value Estimate
Dec 14RingCentral: Rating Upgrade As Things Are Stabilizing
Dec 01RingCentral: Should Do Fine Long Term, But I'm Negative Near Term
Sep 27RingCentral: Looks Cheap, But Carries Too Much Debt
Sep 21RingCentral: Deserves Better In View Of Innovation And Conversational AI
Aug 01RingCentral: Navigating Growth Challenges
Jun 28RingCentral teams up with Amazon Web Services on cloud offerings
Feb 15RingCentral: Still Working From Home, Buy This UCaaS Stock
Dec 08RingCentral: A Compelling Buying Opportunity
Sep 16RiverPark Funds - RingCentral: 35-40% Per Year Compounded Annual Return Long Term
Sep 01RingCentral stock surges ~10% on strong Q2 result as subscription revenue rises
Aug 03RingCentral (NYSE:RNG) Is Making Moderate Use Of Debt
Aug 02RingCentral: Strong Revenue Growth But Losses Are Increasing
Jul 24Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 2,768 | 107 | 510 | 644 | 9 |
| 12/31/2025 | 2,581 | -21 | 477 | 568 | 23 |
| 12/31/2024 | 2,384 | -111 | 404 | 478 | 24 |
| 12/31/2023 | 2,202 | -165 | 324 | 400 | N/A |
| 9/30/2023 | 2,156 | -402 | 246 | 325 | N/A |
| 6/30/2023 | 2,107 | -645 | 197 | 281 | N/A |
| 3/31/2023 | 2,054 | -783 | 151 | 241 | N/A |
| 12/31/2022 | 1,988 | -879 | 101 | 191 | N/A |
| 9/30/2022 | 1,912 | -713 | -202 | 200 | N/A |
| 6/30/2022 | 1,818 | -576 | -199 | 200 | N/A |
| 3/31/2022 | 1,710 | -527 | -218 | 174 | N/A |
| 12/31/2021 | 1,595 | -376 | -245 | 152 | N/A |
| 9/30/2021 | 1,481 | -260 | -7 | 102 | N/A |
| 6/30/2021 | 1,370 | -134 | -133 | -14 | N/A |
| 3/31/2021 | 1,269 | -22 | -132 | -11 | N/A |
| 12/31/2020 | 1,184 | -83 | -143 | -35 | N/A |
| 9/30/2020 | 1,102 | -106 | -201 | -39 | N/A |
| 6/30/2020 | 1,032 | -98 | -83 | 61 | N/A |
| 3/31/2020 | 969 | -108 | -79 | 58 | N/A |
| 12/31/2019 | 903 | -54 | -69 | 65 | N/A |
| 9/30/2019 | 839 | -34 | 49 | 94 | N/A |
| 6/30/2019 | 779 | -31 | 44 | 88 | N/A |
| 3/31/2019 | 725 | -30 | 39 | 80 | N/A |
| 12/31/2018 | 674 | -26 | 15 | 72 | N/A |
| 9/30/2018 | 626 | -21 | 9 | 59 | N/A |
| 6/30/2018 | 583 | -11 | 2 | 53 | N/A |
| 3/31/2018 | 542 | -5 | -1 | 45 | N/A |
| 12/31/2017 | 504 | -4 | 14 | 41 | N/A |
| 9/30/2017 | 467 | -11 | N/A | 38 | N/A |
| 6/30/2017 | 433 | -19 | N/A | 32 | N/A |
| 3/31/2017 | 405 | -25 | N/A | 34 | N/A |
| 12/31/2016 | 380 | -16 | N/A | 30 | N/A |
| 9/30/2016 | 359 | -29 | N/A | 25 | N/A |
| 6/30/2016 | 339 | -28 | N/A | 19 | N/A |
| 3/31/2016 | 317 | -28 | N/A | 11 | N/A |
| 12/31/2015 | 296 | -32 | N/A | 5 | N/A |
| 9/30/2015 | 275 | -35 | N/A | -2 | N/A |
| 6/30/2015 | 255 | -41 | N/A | 0 | N/A |
| 3/31/2015 | 237 | -46 | N/A | -10 | N/A |
| 12/31/2014 | 220 | -48 | N/A | -11 | N/A |
| 9/30/2014 | 203 | -52 | N/A | -10 | N/A |
| 6/30/2014 | 188 | -48 | N/A | -22 | N/A |
| 3/31/2014 | 173 | -49 | N/A | -17 | N/A |
| 12/31/2013 | 161 | -46 | N/A | -24 | N/A |
| 9/30/2013 | 148 | -40 | N/A | -24 | N/A |
| 6/30/2013 | 136 | -41 | N/A | -18 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RNG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: RNG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RNG is expected to become profitable in the next 3 years.
Revenue vs Market: RNG's revenue (7.4% per year) is forecast to grow slower than the US market (8% per year).
High Growth Revenue: RNG's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RNG's Return on Equity is forecast to be very high in 3 years time (95.5%).