RingCentral, Inc. (RNG)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
$74.33-4.66%
Close 2026-11-05 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
QuarterlyIQ Insights · RNG
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -32.6% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 5.3% |
Growth built into the price is above our model estimate.
The price assumes 37.9 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 35 industry peers · Company calendar date is not available
RNG — earnings miss
Dated 2026-07-23
of this Current Report is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. On July 23, 2026, RingCentral, Inc. (the “Company”) i…
Why it matters: Higher margins would support management's focus on profitable growth. Q4 guidance calls for a 25.0% to 25.5% margin.
Worry ifQ4 non-GAAP operating margin prints below 25.0%, the low end of guidance.
Less concerning ifQ4 non-GAAP operating margin reaches at least 25.0%.
Why it matters: Paid AI use can show whether new products are adding to RingCentral's core business. Management said the share is nearing 15% and doubled year over year.
Supportive ifThe next update shows paid AI products used by customers representing more than 15% of ARR.
Worry ifThe next update shows paid AI use below 15% of ARR, or no growth from the current near-15% level.
Why it matters: Free cash flow funds debt paydown and capital returns. Management raised its full-year range to $620 million to $630 million.
Worry ifReported 2026 free cash flow is below $620 million, the low end of guidance.
Less concerning ifReported 2026 free cash flow reaches at least $620 million.
Why it matters: Management guided to $653 million to $659 million in Q4 subscription revenue. A result below that range would weaken the growth case.
Worry ifQ4 subscription revenue is below $653 million, the low end of guidance.
Less concerning ifQ4 subscription revenue reaches at least $653 million.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$216 on $10,000 · ±2.2% | How much price usually moves either way. |
| Bad day | $550 loss on $10,000 · 5.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,932 loss on $10,000 · 29.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: The board approved a $0.125 quarterly dividend. Payment on the stated date would confirm this capital return; a missed payment would call it into question.
Watch forRingCentral pays $0.125 per share on November 20, 2026, to holders of record on November 6.
Also watch forRingCentral announces it will not pay the $0.125 dividend on November 20, 2026.