RingCentral, Inc. (RNG) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$45.72
Price Target
$37.67
Target Range
$30.00 — $55.00
Analyst Rating
Buy
Forward P/E9.4x
Trailing P/E95.3x
Forward PEG—
Implied Growth+883.1%
Median Target$35.50
Analyst Spread66.4%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$30
-34.4%
Consensus
$38
-17.6%
Bull Case
$55
+20.3%
RNG Price Target Analysis
Updated May 6, 2026As of May 6, 2026, RingCentral, Inc. (RNG) has a Wall Street consensus price target of $37.67, based on estimates from 42 covering analysts. With the stock currently trading at $45.72, this represents a potential downside of -17.6%. The company has a market capitalization of $4.09B.
Analyst price targets range from a low of $30.00 to a high of $55.00, representing a 66% spread in expectations. The median target of $35.50 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 28 analysts rating the stock as a Buy or Strong Buy,13 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, RNG trades at a trailing P/E of 95.3x and forward P/E of 9.4x. Analysts expect EPS to grow +883.1% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+92.3%
Avg Forward P/E16.9x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 EGHT8x8, Inc. | $337M | $2.42 | $19.77 | +716.9% | Hold | 6.6x | 28 |
 BANDBandwidth Inc. | $1.5B | $46.45 | $46.00 | -1.0% | Buy | 26.1x | 15 |
 LUMNLumen Technologies, Inc. | $10.1B | $9.81 | $7.08 | -27.8% | Hold | — | 28 |
 FIVNFive9, Inc. | $1.7B | $21.91 | $28.40 | +29.6% | Buy | 6.9x | 41 |
 NICENICE Ltd. | $6.0B | $96.85 | $150.88 | +55.8% | Buy | 8.8x | 23 |
 TWLOTwilio Inc. | $29.0B | $191.40 | $185.17 | -3.3% | Buy | 35.3x | 52 |
 TELOTelomir Pharmaceuticals, Inc. Common Stock | $46M | $1.34 | — | — | — | — | — |
 OOMAOoma, Inc. | $505M | $18.57 | $18.00 | -3.1% | Buy | 14.4x | 15 |
 CRMSalesforce, Inc. | $174.3B | $181.19 | $287.00 | +58.4% | Buy | 15.4x | 97 |
 CSCOCisco Systems, Inc. | $362.9B | $91.63 | $96.50 | +5.3% | Buy | 22.1x | 73 |
Upside Potential Comparison
EGHTCRMNICEFIVNCSCOBANDOOMATWLOSee RNG's True Return
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Start ComparisonRNG — Frequently Asked Questions
Quick answers to the most common questions about buying RNG stock.
What is the RNG stock price target for 2026?
RNG's consensus price target is $37.67, -17.6% below the current price of $45.72. The 42 analysts tracking RNG see downside risk at present valuations.
Is RNG a buy, sell, or hold?
RNG has a consensus rating of "Buy" based on 42 Wall Street analysts. The rating breakdown is predominantly bullish, with 28 Buy/Strong Buy ratings. The consensus 12-month price target of $37.67 implies -17.6% downside from current levels.
Is RNG stock overvalued or undervalued?
With a forward P/E of 9.4278x, RNG trades at a relatively low valuation. The consensus target of $37.67 implies -17.6% move, suggesting the market may be pricing in risks.
How high can RNG stock go?
The most bullish Wall Street analyst has a price target of $55 for RNG, while the most conservative target is $30. The consensus of $37.67 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover RNG stock?
RNG is heavily covered by Wall Street, with 42 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 28 have Buy ratings, 13 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the RNG stock forecast?
The 12-month RNG stock forecast based on 42 Wall Street analysts shows a consensus price target of $37.67, with estimates ranging from $30 (bear case) to $55 (bull case). The median consensus rating is "Buy".
What is RNG's forward P/E ratio?
RNG trades at a forward P/E ratio of 9.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 95.3x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy RNG stock?
Analysts are cautious on RNG, with 1 Sell ratings and a price target of $37.67 (-17.6% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do RNG price targets vary so much?
RNG analyst price targets range from $30 to $55, a 66% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $37.67 consensus represents the middle ground.