RNG

Company Overview — What Does RingCentral, Inc. Do?

RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company offers business cloud communications and contact center solutions based on its Message Video Phone? platform. Its products include RingCentral Office that provides communication and collaboration across various modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers omni-channel; and RingCentral Engage Digital, a digital customer engagement platform that allows enterprises to interact with their customers. The company's products also comprise RingCentral Engage Voice, a cloud-based outbound/blended customer engagement platform for midsize and enterprise companies; RingCentral Video, a video meeting service which includes our RCV video and team messaging capabilities and offers video and audio conferencing, file sharing, contact, task, and calendar management. In addition, it offers RingCentral Professional, a cloud based virtual telephone service that provides inbound call answering and management services for professionals; and RingCentral Fax that provides online fax capabilities. The company serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, and state and local government, as well as others. It sells its products through a network of direct sales representatives, as well as sales agents, resellers, and channel partners. RingCentral, Inc. has strategic partnerships with Alcatel-Lucent Enterprise; and Vodafone Business. The company was incorporated in 1999 and is headquartered in Belmont, California. RingCentral, Inc. (RNG) is classified as a mid-cap stock in the Industrials sector, specifically within the Business Services industry. The company is led by CEO Vladimir G. Shmunis and employs approximately 3,900 people, headquartered in Wilmington, California. With a market capitalization of $3.2B, RNG is one of the notable companies in the Industrials sector.

RingCentral, Inc. (RNG) Stock Rating — Hold (April 2026)

As of April 2026, RingCentral, Inc. receives a Hold rating with a composite score of 43.9/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.RNG ranks #1,505 out of 4,446 stocks in our coverage universe. Within the Industrials sector, RingCentral, Inc. ranks #236 of 752 stocks, placing it in the upper half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

RNG Stock Price and 52-Week Range

RingCentral, Inc. (RNG) currently trades at $33.49. The stock lost $3.43 (9.3%) in the most recent trading session. The 52-week high for RNG is $42.42, which means the stock is currently trading -21.1% from its annual peak. The 52-week low is $20.59, putting the stock 62.7% above its annual trough. Recent trading volume was 2.1M shares, reflecting moderate market activity.

Is RNG Overvalued or Undervalued? — Valuation Analysis

RingCentral, Inc. (RNG) carries a value factor score of 59/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 253.94x, compared to the Industrials sector average of 28.33x — a premium of 796%. The price-to-sales ratio is 1.29x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, RNG trades at 12.88x EV/EBITDA, versus 5.70x for the sector.

Overall, RNG's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

RingCentral, Inc. Profitability — ROE, Margins, and Quality Score

RingCentral, Inc. (RNG) earns a quality factor score of 34/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -32.1%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 0.9% versus the sector average of 3.3%.

On a margin basis, RingCentral, Inc. reports gross margins of 71.0%, compared to 35.8% for the sector. The operating margin is 3.3% (sector: 6.2%). Net profit margin stands at 0.5%, versus 3.9% for the average Industrials stock. Revenue growth is running at 7.7% on a trailing basis, compared to 6.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

RNG Debt, Balance Sheet, and Financial Health

RingCentral, Inc. has a debt-to-equity ratio of -376.0%, compared to the Industrials sector average of 70.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 0.63x, which may signal near-term liquidity tightness. Total debt on the balance sheet is $1.26B. Cash and equivalents stand at $145M.

RNG has a beta of 1.39, meaning it is more volatile than the broader market — a $10,000 investment in RNG would be expected to move 39.4% more than the S&P 500 on any given day. The stability factor score for RingCentral, Inc. is 44/100, reflecting average volatility within the normal range for its sector.

RingCentral, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, RingCentral, Inc. reported revenue of $2.48B and earnings per share (EPS) of $0.48. Net income for the quarter was $13M. Gross margin was 71.0%. Operating income came in at $81M.

In FY 2025, RingCentral, Inc. reported revenue of $2.52B and earnings per share (EPS) of $0.48. Net income for the quarter was $43M. Gross margin was 71.2%. Revenue grew 4.8% year-over-year compared to FY 2024. Operating income came in at $121M.

In Q3 2025, RingCentral, Inc. reported revenue of $639M and earnings per share (EPS) of $0.19. Net income for the quarter was $18M. Gross margin was 71.8%. Revenue grew 4.9% year-over-year compared to Q3 2024. Operating income came in at $31M.

In Q2 2025, RingCentral, Inc. reported revenue of $620M and earnings per share (EPS) of $0.15. Net income for the quarter was $13M. Gross margin was 71.2%. Revenue grew 4.6% year-over-year compared to Q2 2024. Operating income came in at $37M.

Over the past 8 quarters, RingCentral, Inc. has demonstrated a growth trajectory, with revenue expanding from $593M to $2.48B. Investors analyzing RNG stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

RNG Dividend Yield and Income Analysis

RingCentral, Inc. (RNG) does not currently pay a dividend. This is common among smaller companies in the Business Services industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.

RNG Momentum and Technical Analysis Profile

RingCentral, Inc. (RNG) has a momentum factor score of 63/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 30/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 17/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

RNG vs Competitors — Industrials Sector Ranking and Peer Comparison

Within the Industrials sector, RingCentral, Inc. (RNG) ranks #236 out of 752 stocks based on the Blank Capital composite score. This places RNG in the upper half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.

Comparing RNG against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full RNG vs S&P 500 (SPY) comparison to assess how RingCentral, Inc. stacks up against the broader market across all factor dimensions.

RNG Next Earnings Date

No upcoming earnings date has been announced for RingCentral, Inc. (RNG) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy RNG? — Investment Thesis Summary

RingCentral, Inc. presents a balanced picture with arguments on both sides. The quality score of 34/100 flags below-average profitability. Price momentum is positive at 63/100, suggesting the trend favors buyers.

In summary, RingCentral, Inc. (RNG) earns a Hold rating with a composite score of 43.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on RNG stock.

Related Resources for RNG Investors

Explore more research and tools: RNG vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare RNG head-to-head with peers: RNG vs SOBO, RNG vs TEN, RNG vs GLDD.