RingCentral, Inc. (RNG)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-10-29
$83.70-2.90%
Close 2026-10-29 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-10-29
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Put RNG beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Application Software is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Revenue growth near $2.63B in FY26: Revenue: $676.04M.
View ThesisRevenue is growing steadily — about 5% over the past year.
View GrowthRanks among the strongest in its industry on quality — around the top 11%.
View QualityManagement screens strong on capital allocation, the balance sheet, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 29% in its worst 12-month stretch.
View RiskRingCentral’s case rests on AI-powered customer engagement growing revenue and cash generation. Revenue growth reached 5.9% year over year, after 5.0% earlier. Third-quarter earnings beat estimates, and management raised its cash-flow outlook. RNG trades at 25 times earnings versus 31 times for peers. The price reflects less growth than our forecast. A 29% next-quarter miss probability threatens that case. Its primary revenue-growth pillar is also under pressure. Peer multiples imply a price about 27% above where it trades. Our read remains on watch, and this read is provisional.
Trailing returns as of 2026-10-29. RNG is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 15 analysts currently covering RNG (as of Oct 2026).
Based on 13 Wall Street analysts offering 12-month price targets for RNG in the last 4 months.
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Compare RNG with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| RNG Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 9 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Application Software — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put RNG next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Grow revenue through AI-powered customer engagement
Earnings-call discussion provides management evidence on growth, margins, cash flow, and AI adoption.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
Current $83.70
The last 12 months of price, then the range of analyst 12-month targets from today’s $83.70.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Increase free cash flow and return capital
Forecast free cash flow and agentic AI adoption support cash generation and AI monetization.
Advances: Improve operating profitability and margins
Reported AI momentum driving margin expansion supports profitability and AI product objectives.
Advances: Grow revenue through AI-powered customer engagement
Quarterly results provide evidence on revenue growth and operating performance.
Advances: Grow revenue through AI-powered customer engagement
AI-driven upsell and retention directly support growth objectives.
Advances: Grow revenue through AI-powered customer engagement
Management conference remarks may confirm strategy and progress on AI-led growth.
Advances: Improve operating income and margins
Analysts predict stronger margins, supporting revenue growth.
New AI partnerships extend reach, though headline provides limited evidence of scale.