Ringcentral, Inc. (RNG) Social Stream
RINGCENTRAL INC (RNG) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering RNG.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-09 | 20 | $535 | $300 | $402.3 | $42.7 | 842.15% |
| 2021-11-10 | 20 | $535 | $300 | $406.55 | $42.7 | 852.11% |
| 2021-12-09 | 21 | $535 | $300 | $391.55 | $42.7 | 816.98% |
| 2021-12-13 | 21 | $535 | $250 | $384.05 | $42.7 | 799.41% |
| 2021-12-16 | 21 | $535 | $240 | $377.19 | $42.7 | 783.35% |
| 2022-01-06 | 21 | $535 | $220 | $363.857 | $42.7 | 752.12% |
| 2022-01-14 | 21 | $535 | $220 | $358.666 | $42.7 | 739.97% |
| 2022-01-24 | 21 | $535 | $220 | $356.285 | $42.7 | 734.39% |
| 2022-01-28 | 22 | $535 | $220 | $351.454 | $42.7 | 723.08% |
| 2022-02-22 | 19 | $460 | $220 | $332.7 | $42.7 | 679.16% |
| 2022-02-23 | 19 | $410 | $165 | $279.5 | $42.7 | 554.57% |
| 2022-02-24 | 19 | $410 | $165 | $275 | $42.7 | 544.03% |
| 2022-04-20 | 18 | $400 | $165 | $271.666 | $42.7 | 536.22% |
| 2022-04-24 | 16 | $400 | $120 | $265.176 | $42.7 | 521.02% |
| 2022-04-26 | 16 | $400 | $120 | $255.764 | $42.7 | 498.98% |
| 2022-05-10 | 17 | $400 | $100 | $204 | $42.7 | 377.75% |
| 2022-05-16 | 18 | $300 | $80 | $144.368 | $42.7 | 238.1% |
| 2022-05-19 | 18 | $300 | $80 | $144.894 | $42.7 | 239.33% |
| 2022-05-23 | 18 | $300 | $80 | $136.473 | $42.7 | 219.61% |
| 2022-08-02 | 15 | $300 | $65 | $123.888 | $42.7 | 190.14% |
| 2022-08-13 | 19 | $110 | $59 | $85.473 | $42.7 | 100.17% |
The Trend in the Analyst Price Target
RNG's average price target has moved down $190.75 over the prior 26 months.
RNG reports an average of 125.41% for its upside potential over the past 48 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-12-13 | 21 | 535 | 250 | 384.050 | 188.50 | 103.74% |
| 2022-01-28 | 22 | 535 | 220 | 351.454 | 162.58 | 116.17% |
| 2022-04-26 | 16 | 400 | 120 | 256.750 | 85.17 | 201.46% |
| 2022-05-23 | 18 | 300 | 80 | 136.473 | 62.13 | 119.66% |
| 2022-08-02 | 15 | 300 | 65 | 123.888 | 49.70 | 149.27% |
RNG Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.42 | 15 | 0 | 4 | 0 | 0 | 19 |
The Trend in the Broker Recommendations
Over the past 22 months, RNG's average broker recommendation rating worsened by 0.25.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- RNG has a higher number of analysts covering the stock than 3190.99% of all US stocks.
- To contextualize these metrics, consider that out of all US stocks, RINGCENTRAL INC's upside potential (average analyst target price relative to current price) is higher than 3120.89% of them.
- To contextualize these metrics, consider that out of all US stocks, RINGCENTRAL INC's average analyst price target is higher than 3083.44% of them.
- In terms of how RINGCENTRAL INC fares relative to stocks in the large market cap category, note that its variance in analysts' estimates is lower than -2865.69% of that group.
In terms of price targets and recommendations offered by analysts, the stocks in the Business Services industry with the ratings most similar to RINGCENTRAL INC are PLTK, PEGA, and PAGS.
View All Top Stocks by Price Target
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