RNG Ringcentral, Inc.

$68.92▼ -0.17% Technology Other
After hours $68.90▼ -0.03% Sep 11, 7:29 PM ET
Volume 1.04M Avg Volume (10D) 1.45M
Key Metrics & Fundamentals
Market Cap
$5.76B
P/E Ratio
55.1
Div Yield
0.40%
52W Range
24.14 - 77.95
% vs 50 MA
20.35%
% vs 200 MA
69.37%
RSI-14
57.9
MACD Histogram
-0.8300
Beta (1Y vs SPY)
1.10
Free Cash Flow
$180.19M
Gross Rev
$657.01M
Gross Profit
$472.31M
EBITDA
$118.01M
COGS
$184.70M
Operating Exp
$422.02M
Operating Income
$50.29M
EBIT
$50.29M
Pretax Income
$42.25M
Net Income
$39.12M
EPS (Diluted)
0.45
Price & Volume History
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Financial Overview - Income Statement Quarterly

See RNG's money flow as a full page

AI Analysis
Generated Sep 5, 3:02 AM
Company Overview

RingCentral, Inc. is a leading global provider of cloud-based unified communications as a service (UCaaS) solutions, offering voice, video, team messaging, and contact center functionalities. The company competes in a rapidly evolving market by enabling businesses of all sizes to modernize their communication infrastructure and enhance collaboration across distributed workforces.

Bull Case
  • Strong market position in the growing UCaaS sector, benefiting from ongoing digital transformation and hybrid work trends.
  • Significant upward price momentum, with the stock trading substantially above its 50-day (+33.8%) and 200-day (+84.2%) moving averages.
  • Potential for continued growth through expansion into larger enterprise accounts and international markets, leveraging its scalable platform.
  • Strategic partnerships with major technology and telecom companies provide expanded distribution channels and customer reach.
Bear Case
  • High valuation, with a P/E ratio of 58.7, suggesting significant growth expectations that, if not met, could lead to downward pressure.
  • Intense competition within the UCaaS market from well-capitalized players like Microsoft, Zoom, and Cisco, potentially impacting market share and pricing power.
  • Recent price weakness, down 5.8% from its 52-week high and a -3.9% daily drop, indicates potential resistance or profit-taking at elevated levels.
  • An RSI-14 of 70.3 suggests the stock is currently in overbought territory, which could precede a short-term pullback or consolidation.
Recent Performance

RNG has exhibited strong upward momentum, trading significantly above both its 50-day and 200-day moving averages, signaling a robust uptrend. However, the stock recently experienced a daily decline of 3.9% and is 5.8% off its 52-week high, indicating some profit-taking or resistance near peak levels. The RSI-14 of 70.3 also suggests an overbought condition, implying that a short-term consolidation or correction could be on the horizon despite the strong underlying trend.

AI-generated analysis is for informational purposes only and does not constitute financial advice.

Not financial advice. All data, scores, charts, and analysis on this site are provided for informational and educational purposes only and do not constitute financial, investment, legal, or tax advice. Past performance is not indicative of future results. See our Legal Notice for full details.
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