RingCentral, Inc.

NYSE:RNG Stock Report

Market Cap: US$3.1b

RingCentral Future Growth

Future criteria checks 4/6

RingCentral is forecast to grow earnings and revenue by 61.2% and 6.9% per annum respectively. EPS is expected to grow by 59.1% per annum. Return on equity is forecast to be 56.3% in 3 years.

Key information

61.2%

Earnings growth rate

59.1%

EPS growth rate

Software earnings growth16.7%
Revenue growth rate6.9%
Future return on equity56.3%
Analyst coverage

Good

Last updated07 Jan 2025

Recent future growth updates

Recent updates

RNG: Expect Good Returns With Downside Protection

Jan 20

RingCentral: Stock Poised To Outperform In 2025

Jan 07

RingCentral: Under The Radar Pick -- Reiterating Buy

Nov 19

RingCentral, Inc. (NYSE:RNG) Surges 30% Yet Its Low P/S Is No Reason For Excitement

Nov 08
RingCentral, Inc. (NYSE:RNG) Surges 30% Yet Its Low P/S Is No Reason For Excitement

RingCentral: Expect Continued Margin Expansion, Steady Debt Reduction

Sep 02

There's No Escaping RingCentral, Inc.'s (NYSE:RNG) Muted Revenues Despite A 26% Share Price Rise

Aug 04
There's No Escaping RingCentral, Inc.'s (NYSE:RNG) Muted Revenues Despite A 26% Share Price Rise

RingCentral, Inc.'s (NYSE:RNG) Business And Shares Still Trailing The Industry

May 06
RingCentral, Inc.'s (NYSE:RNG) Business And Shares Still Trailing The Industry

RingCentral: Business Continues To Stabilize

Apr 08

RingCentral: Making Progress, But Many Caveats Remain

Mar 03

RingCentral, Inc.'s (NYSE:RNG) Low P/S No Reason For Excitement

Jan 21
RingCentral, Inc.'s (NYSE:RNG) Low P/S No Reason For Excitement

RingCentral's Growth Concerns And Financial Strain

Dec 21

RingCentral, Inc. (NYSE:RNG) Shares Could Be 39% Below Their Intrinsic Value Estimate

Dec 14
RingCentral, Inc. (NYSE:RNG) Shares Could Be 39% Below Their Intrinsic Value Estimate

RingCentral: Rating Upgrade As Things Are Stabilizing

Dec 01

RingCentral: Should Do Fine Long Term, But I'm Negative Near Term

Sep 27

RingCentral: Looks Cheap, But Carries Too Much Debt

Sep 21

RingCentral: Deserves Better In View Of Innovation And Conversational AI

Aug 01

RingCentral: Navigating Growth Challenges

Jun 28

RingCentral teams up with Amazon Web Services on cloud offerings

Feb 15

RingCentral: Still Working From Home, Buy This UCaaS Stock

Dec 08

Earnings and Revenue Growth Forecasts

NYSE:RNG - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20273,022122N/A5771
12/31/20262,75510457564712
12/31/20252,5751448357319
12/31/20242,398-6639949019
9/30/20242,357-98382464N/A
6/30/20242,307-133349424N/A
3/31/20242,253-139313387N/A
12/31/20232,202-165324400N/A
9/30/20232,156-402246325N/A
6/30/20232,107-645197281N/A
3/31/20232,054-783151241N/A
12/31/20221,988-879101191N/A
9/30/20221,912-713-202200N/A
6/30/20221,818-576-199200N/A
3/31/20221,710-527-218174N/A
12/31/20211,595-376-245152N/A
9/30/20211,481-260-7102N/A
6/30/20211,370-134-133-14N/A
3/31/20211,269-22-132-11N/A
12/31/20201,184-83-143-35N/A
9/30/20201,102-106-201-39N/A
6/30/20201,032-98-8361N/A
3/31/2020969-108-7958N/A
12/31/2019903-54-6965N/A
9/30/2019839-344994N/A
6/30/2019779-314488N/A
3/31/2019725-303980N/A
12/31/2018674-261572N/A
9/30/2018626-21959N/A
6/30/2018583-11N/A53N/A
3/31/2018542-5N/A45N/A
12/31/2017504-4N/A41N/A
9/30/2017467-11N/A38N/A
6/30/2017433-19N/A32N/A
3/31/2017405-25N/A34N/A
12/31/2016380-16N/A30N/A
9/30/2016359-29N/A25N/A
6/30/2016339-28N/A19N/A
3/31/2016317-28N/A11N/A
12/31/2015296-32N/A5N/A
9/30/2015275-35N/A-2N/A
6/30/2015255-41N/A0N/A
3/31/2015237-46N/A-10N/A
12/31/2014220-48N/A-11N/A
9/30/2014203-52N/A-10N/A
6/30/2014188-48N/A-22N/A
3/31/2014173-49N/A-17N/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 (2.6%).

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 (6.9% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: RNG's revenue (6.9% 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 (56.3%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 08:17
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

RingCentral, Inc. is covered by 43 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William PowerBaird
Ishan MajumdarBaptista Research
Ryan MacWilliamsBarclays