RINGCENTRAL INC-CLASS A (RNG)

US76680R2067 - Common Stock

30.71  +0.18 (+0.59%)

Buy % Consensus

72

ChartMill assigns a Buy % Consensus number of 72% to RNG. The Buy consensus is the weighted average rating of the current analysts ratings.

Analysts have set a mean price target forecast of 40.17. This target is 30.8% above the current price.
RNG was analyzed by 29 analysts. The buy percentage consensus is at 72. So analysts seem to be have mildly positive about RNG.
In the previous month the buy percentage consensus was at a similar level.
RNG was analyzed by 29 analysts, which is quite many. So the average rating should be quite meaningful.

Price Target & Forecast

Price Low Median Mean High 30.7131.3137.7440.1757.75 - 1.95% 22.89% 30.80% 88.05%
Up and Down Grades
Date Firm Action Rating
2024-04-17 Morgan Stanley Maintains Equal-Weight -> Equal-Weight
2024-02-21 Mizuho Maintains Buy -> Buy
2024-02-21 Needham Maintains Buy -> Buy
2024-02-21 Keybanc Maintains Overweight -> Overweight
2024-02-21 Wedbush Reiterate Neutral -> Neutral
2024-02-21 Wells Fargo Maintains Equal-Weight -> Equal-Weight
2024-02-21 Goldman Sachs Maintains Neutral -> Neutral
2024-02-21 Piper Sandler Maintains Neutral -> Neutral
2024-02-16 Wedbush Reiterate Neutral -> Neutral
2024-01-12 Piper Sandler Maintains Neutral -> Neutral
2023-12-20 Wells Fargo Downgrade Overweight -> Equal-Weight
2023-12-12 Jefferies Downgrade Buy -> Hold
2023-12-04 Rosenblatt Reiterate Neutral -> Neutral
2023-11-15 Rosenblatt Reiterate Neutral -> Neutral
2023-11-07 Needham Reiterate Buy -> Buy
2023-11-07 Raymond James Maintains Strong Buy -> Strong Buy
2023-10-23 Rosenblatt Downgrade Buy -> Neutral
2023-10-19 Morgan Stanley Maintains Equal-Weight -> Equal-Weight
2023-08-29 Northland Capital Markets Maintains Outperform -> Outperform
2023-08-09 Barclays Maintains Overweight -> Overweight
2023-08-08 Mizuho Maintains Buy -> Buy
2023-08-08 Needham Maintains Buy -> Buy
2023-08-08 Rosenblatt Reiterate Buy -> Buy
2023-08-08 Wedbush Reiterate Neutral -> Neutral
2023-08-08 Wells Fargo Maintains Overweight -> Overweight
2023-08-08 Credit Suisse Reiterate Outperform -> Outperform
2023-08-08 Morgan Stanley Downgrade Overweight -> Equal-Weight
2023-08-08 Craig-Hallum Downgrade Buy -> Hold
2023-08-02 Rosenblatt Maintains Buy -> Buy
2023-07-21 Keybanc Maintains Overweight -> Overweight