RingCentral (NYSE:RNG) Releases FY 2026 Earnings Guidance

RingCentral (NYSE:RNG) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 4.960-5.100 for the period, compared to the consensus earnings per share estimate of 4.500. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion. RingCentral also updated its Q3 2026 guidance to 1.250-1.300 EPS.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of RingCentral in a research report on Friday, July 17th. Needham & Company LLC reiterated a “buy” rating on shares of RingCentral in a research note on Monday. Jefferies Financial Group restated a “hold” rating and issued a $40.00 target price on shares of RingCentral in a research note on Saturday, May 9th. Wells Fargo & Company increased their target price on RingCentral from $32.00 to $43.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $50.00 price target on shares of RingCentral in a report on Friday. Three analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, RingCentral presently has a consensus rating of “Hold” and an average price target of $43.00.

RingCentral Stock Up 21.5%

Shares of RNG stock opened at $46.91 on Friday. The stock has a 50-day simple moving average of $40.27 and a 200 day simple moving average of $36.70. The stock has a market capitalization of $3.93 billion, a P/E ratio of 42.43, a P/E/G ratio of 1.11 and a beta of 1.14. RingCentral has a fifty-two week low of $23.59 and a fifty-two week high of $49.85.

RingCentral (NYSE:RNG) last announced its quarterly earnings data on Thursday, July 23rd. The software maker reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.06. RingCentral had a net margin of 3.31% and a negative return on equity of 33.75%. The company had revenue of $657.01 million for the quarter, compared to analysts’ expectations of $650.53 million. During the same quarter in the previous year, the company posted $1.06 EPS. The business’s revenue was up 5.9% compared to the same quarter last year. RingCentral has set its FY 2026 guidance at 4.960-5.100 EPS and its Q3 2026 guidance at 1.250-1.300 EPS. On average, sell-side analysts anticipate that RingCentral will post 2.78 earnings per share for the current year.

RingCentral Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 6th will be given a $0.125 dividend. This is a positive change from RingCentral’s previous quarterly dividend of $0.07. The ex-dividend date is Thursday, August 6th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.1%. RingCentral’s dividend payout ratio is 31.91%.

Insider Activity

In other RingCentral news, COO Kira Makagon sold 16,988 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $42.54, for a total value of $722,669.52. Following the completion of the sale, the chief operating officer owned 212,724 shares in the company, valued at $9,049,278.96. This represents a 7.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Amy Guggenheim Shenkan sold 1,265 shares of the business’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $40.59, for a total transaction of $51,346.35. Following the transaction, the director owned 29,372 shares in the company, valued at approximately $1,192,209.48. This represents a 4.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 44,498 shares of company stock worth $1,892,586. Corporate insiders own 7.30% of the company’s stock.

RingCentral News Roundup

Here are the key news stories impacting RingCentral this week:

• Positive Sentiment: RingCentral beat Wall Street estimates in Q2, posting adjusted EPS of $1.22 versus expectations around $1.16-$1.17 and revenue of $657.0 million, above estimates. RingCentral Q2 2026 Earnings Report
• Positive Sentiment: The company lifted third-quarter guidance and full-year 2026 guidance above consensus, which signals management is seeing continued demand and better profitability ahead.
• Positive Sentiment: RingCentral announced expanded strategic partnerships with NiCE and OpenAI, reinforcing its AI-focused product strategy and potentially improving long-term growth prospects. NiCE and RingCentral Expand Strategic Partnership
• Positive Sentiment: Commentary around AI sales momentum and stronger free cash flow has supported the stock, with some analysts pointing to attractive valuation and improving retention in AI contact center products. Seeking Alpha Article
• Neutral Sentiment: RingCentral also declared a higher quarterly dividend of $0.125 per share, up 66.7% from $0.07, which may appeal to income investors but is not the main driver of the stock today.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Harvest Fund Management Co. Ltd acquired a new position in RingCentral in the 3rd quarter valued at approximately $30,000. Global Retirement Partners LLC boosted its stake in RingCentral by 70.9% during the fourth quarter. Global Retirement Partners LLC now owns 1,540 shares of the software maker’s stock worth $44,000 after buying an additional 639 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of RingCentral by 103.0% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,823 shares of the software maker’s stock valued at $52,000 after buying an additional 925 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new position in RingCentral in the fourth quarter worth about $55,000. Finally, Parallel Advisors LLC increased its holdings in shares of RingCentral by 43.8% during the fourth quarter. Parallel Advisors LLC now owns 2,230 shares of the software maker’s stock worth $64,000 after buying an additional 679 shares in the last quarter. Institutional investors and hedge funds own 98.61% of the company’s stock.

RingCentral Company Profile

RingCentral, Inc is a leading provider of cloud-based business communications and collaboration solutions. The company’s flagship platform delivers unified communications as a service (UCaaS), integrating voice over IP (VoIP) phone systems, video conferencing, team messaging and SMS into a single, cloud-native application. In addition to its UCaaS offering, RingCentral provides contact center as a service (CCaaS) capabilities, enabling organizations to manage customer interactions across voice, email, chat and social channels from a centralized dashboard.

Founded in 1999 and headquartered in Belmont, California, RingCentral went public on the New York Stock Exchange under the ticker RNG in 2013.