RingCentral, Inc. (RNG)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
$73.39-3.89%
Close 2026-09-04 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
Research Workspace
Put RNG beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Application Software is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Revenue growth near $2.63B in FY26: FY26 rev guidance $2.56B vs $2.63B target; Q2 rev +5.9% YoY.
View ThesisRevenue is growing steadily — about 5% over the past year.
View GrowthRanks among the strongest in its industry on quality — around the top 11%.
View QualityManagement screens strong on capital allocation, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 29% in its worst 12-month stretch.
View RiskRNG's growth in AI communications has to keep compounding to justify the price. Revenue grew 6% year over year, and the last quarter beat expectations. RNG trades at 19× P/E versus a peer median of 27×. This suggests that the market may not fully reflect its growth potential. The primary risk is that revenue growth guidance is under pressure, with FY26 revenue guidance at $2.55B-$2.56B versus a $2.63B target. Peer multiples imply a price about 0% below where it trades. This read is provisional.
Trailing returns as of 2026-09-04. RNG is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 14 analysts currently covering RNG (as of Sep 2026).
Based on 8 Wall Street analysts offering 12-month price targets for RNG in the last 4 months.
Continue this research
Compare RNG with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| RNG Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across our valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No fair value published
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
This applies to all three horizons. The trailing multiples, peer comparison, and quality and trajectory reads on this page are unaffected. Names move in and out of this state day to day as the methods converge or diverge. Method agreement on this name is low.
Above average on quality vs scored peers
A price-focused, side-by-side fair-value read versus Application Software — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put RNG next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Improve operating income and margins
Analysts predict stronger margins, supporting revenue growth.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $73.39
The last 12 months of price, then the range of analyst 12-month targets from today’s $73.39.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Expand AI-powered product offerings
New partnerships enhance AI-powered product offerings.
Advances: Expand AI-powered product offerings
New partnerships enhance AI product offerings and growth potential.
Advances: Expand AI-powered product offerings
Paid-AI customers growth supports AI product expansion objective.
Advances: Improve operating income and margins
AI improvements positively impact margins and operating income.
Advances: Increase free cash flow and capital returns
Higher dividend payout indicates strong cash flow and returns.
Advances: Expand AI-powered product offerings
Expanding AI offerings aligns with growth objectives.
Advances: Increase revenue growth
Q2 beat and higher outlook drive revenue growth expectations.
