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1 Comment
RingCentral, Inc is currently in a long term downtrend where the price is trading 5.3% below its 200 day moving average.
From a valuation standpoint, the stock is 9.4% cheaper than other stocks from the Technology sector with a price to sales ratio of 22.9.
RingCentral, Inc's total revenue rose by 32.3% to $335M since the same quarter in the previous year.
Its net income has increased by 92.8% to $-2M since the same quarter in the previous year.
Finally, its free cash flow grew by 54.9% to $-48M since the same quarter in the previous year.
Based on the above factors, RingCentral, Inc gets an overall score of 4/5.
| Exchange | NYSE |
|---|---|
| CurrencyCode | USD |
| Sector | Technology |
| ISIN | US76680R2067 |
| Industry | Software - Application |
| Market Cap | 3B |
|---|---|
| PE Ratio | 80.5 |
| Target Price | 37.4667 |
| Dividend Yield | 0.0% |
| Beta | 1.21 |
RingCentral, Inc., an agentic voice AI"powered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging. The company's products include RingEX, a AI-powered unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that delivers AI-powered omni-channel and workforce engagement solutions; RingCentral Customer Engagement Bundle, a comprehensive solution that includes phone, messaging, and SMS for businesses; and RingCX, a contact center as a service solution for AI-powered customer engagement with CRM integrations. It also offers artificial intelligence (AI) solutions, such as AI Receptionist, a voice AI agent that automates and handles inbound communication; AI Virtual Assistant, which provides real time call and meeting summaries, capturing key points, open questions and action items; AI-based Quality Management, an automated conversation evaluation platform to identify compliance risks, coaching opportunities, and performance insights; AI Agent Assist, a real-time AI guidance for agents; AI Supervisor Assist, a real-time AI insights and recommendations for supervisors; and RingCentral Events, a virtual and hybrid events platform for multi-session conferences, branded experiences, registration, and attendee networking with AI-powered engagement tools. It serves a range of industries, including healthcare, financial and professional services, retail, state and local government, education, legal services, real estate, technology, insurance, construction and hospitality, and others. The company sells its products to enterprise customers, and small and medium-sized businesses through resellers and distributors, partners, and global service providers. RingCentral, Inc. was incorporated in 1999 and is headquartered in Belmont, California.
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