Next Technology (NASDAQ:NXTT) & RingCentral (NYSE:RNG) Financial Survey

RingCentral (NYSE:RNG) and Next Technology (NASDAQ:NXTT) are both computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their risk, dividends, earnings, profitability, valuation, analyst recommendations and institutional ownership.

Insider and Institutional Ownership

98.6% of RingCentral shares are owned by institutional investors. Comparatively, 2.7% of Next Technology shares are owned by institutional investors. 6.8% of RingCentral shares are owned by insiders. Comparatively, 37.5% of Next Technology shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares RingCentral and Next Technology”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
RingCentral	$2.20 billion	1.22	-$165.24 million	($1.49)	-19.72
Next Technology	$2.63 million	1.30	-$9.92 million	N/A	N/A

Next Technology has lower revenue, but higher earnings than RingCentral.

Analyst Ratings

This is a breakdown of recent ratings and target prices for RingCentral and Next Technology, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
RingCentral	0	8	7	1	2.56
Next Technology	0	0	0	0	N/A

RingCentral currently has a consensus price target of $40.07, suggesting a potential upside of 36.37%. Given RingCentral’s higher probable upside, equities analysts plainly believe RingCentral is more favorable than Next Technology.

Profitability

This table compares RingCentral and Next Technology’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
RingCentral	-5.75%	N/A	-1.22%
Next Technology	N/A	46.52%	43.26%

Volatility and Risk

RingCentral has a beta of 1.03, suggesting that its share price is 3% more volatile than the S&P 500. Comparatively, Next Technology has a beta of 2.19, suggesting that its share price is 119% more volatile than the S&P 500.

Summary

Next Technology beats RingCentral on 7 of the 12 factors compared between the two stocks.

About RingCentral

RingCentral, Inc., together with its subsidiaries, provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide. The company's products include RingCentral Message Video Phone that provides a unified experience for communication and collaboration across multiple modes, including HD voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers AI-powered omnichannel and workforce engagement solutions with integrated RingCentral MVP; and RingCX, an AI-powered contact center that a native delivers omnichannel experience. It provides RingCentral Video, a video meeting service that includes the company's RCV video and team messaging capabilities; offers video and audio conferencing, team messaging, file sharing, contact, task, and calendar management, as well as pre-meeting, in-meeting, and post-meeting capabilities. In addition, the company offers RingCentral Professional Services, which include consultation, UCaaS and CCaaS implementation, VoIP phone system adoption, configuring custom workflows, customer and user onboarding, ongoing support, advanced support, managed services, and more. It serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, state and local government, and others. It sells its products to enterprise customers, as well as 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.

About Next Technology

Next Technology Holding Inc. provides technical services and solutions through its social e-commerce platform primarily in Mainland China. It offers YCloud, a micro-business cloud intelligent internationalization system that conducts multi-channel data analysis through the learning of big data and social recommendation relationships, as well as provides users with AI fission and management systems, and supply chain systems. The company's YCloud system also provides micro-business owners with various payment methods, such as Alipay, WeChat, and UnionPay. In addition, it offers chatGPT technical services; and technical system support, software development, and services. The company serves individual and corporate users in the micro business industry. It also has operations in Hong Kong and Singapore. The company was formerly known as WeTrade Group, Inc. and changed its name to Next Technology Holding Inc in April 2024. Next Technology Holding Inc. was incorporated in 2019 and is headquartered in Beijing, the People Republic of China.