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
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 | -66.4% |
| Our one-year growth estimate | diamond | 5.4% |
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 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
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.
Growth built into the price is above our model estimate.
The price assumes 71.8 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 119 industry peers
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: This range reflects operational efficiency. A drop below this could signal deeper issues.
Worry ifGAAP operating margin was over 8.6%. This shows better efficiency.
Less concerning ifGAAP operating margin was less than 7.2%. This shows there are operational problems.
Why it matters: Net income growth shows financial health. Surpassing $40M indicates strong performance.
Supportive ifNet income reported above $40M in Q2.
Worry ifNet income reported below $40M in Q2.
Why it matters: Growth in net income shows good financial health. It helps investors feel confident about the future.
Supportive ifNet income growth reported at or above 5% year over year.
Worry ifNet income growth reported below 0% year over year.
Why it matters: Meeting or exceeding this growth target shows the company is on track to increase revenue. It also reflects the health of the business in a decelerating sector.
Supportive ifQ2 revenue growth reported at or above 10% year over year.
Worry ifQ2 revenue growth reported below 5% year over year.
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.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$230 on $10,000 · ±2.3% | How much price usually moves either way. |
| Bad day | $575 loss on $10,000 · 5.7% | 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: A drop below median revenue growth in the sector may signal broader challenges. This could affect RingCentral's growth outlook.
Worry ifSector revenue growth is below its median for two months in a row.
Less concerning ifSector revenue growth remains above its median for two consecutive months.
Why it matters: This guidance will show if RingCentral can sustain its growth. A significant miss could raise concerns.
Worry ifTotal revenue guidance meets or exceeds $670 million.
Less concerning ifTotal revenue guidance falls below $664 million.
Why it matters: An earnings miss could show problems in operations. This may hurt investor confidence.
Worry ifQ3 earnings are better than what analysts expected.
Less concerning ifQ3 earnings fall short of analyst expectations.
Why it matters: This range shows management's confidence in continued revenue growth. It will test if growth momentum can be sustained.
Supportive ifIf Q3 subscriptions revenue guidance is confirmed at or above $649 million.
Worry ifIf Q3 subscriptions revenue guidance is below $643 million.
Why it matters: A slowdown in total revenue growth may mean less demand or market problems.
Worry ifIf total revenue growth for Q3 is reported below 5% year-over-year.
Less concerning ifIf total revenue growth for Q3 is reported at or above 5% year-over-year.
Why it matters: An increase in free cash flow guidance would indicate strong cash generation and financial health.
Supportive ifIf free cash flow guidance is raised above $625 million for the full year.
Worry ifIf free cash flow guidance is maintained or lowered below $615 million.
Why it matters: This would show that many people are using AI products. It would support management's plan for AI growth.
Supportive ifIf AI product revenue reaches or exceeds 13% of total ARR.
Worry ifIf AI product revenue remains below 10% of total ARR.