RNG
RingCentralBNYSE / Software & Services
Last Price
At close
2026-06-02
Current thesis
Primary-source evidence improved: the company raised FY26 revenue, margin and free-cash-flow outlook after Q1, AI-paid-product ARR exceeded 10% of total ARR, and some post-print target revisions moved higher in secondary coverage, including Rosenblatt to $50, Wells Fargo to $43 and BofA to $55.
Posture
Constructive
Lead driver
Momentum
What changed
2 setup hits (3d) with net bullish as of 2026-06-02.
What can break
Debt risk is lower after repaying the 2026 converts, but the 10-Q still shows $890.7 million of term-loan principal and $325 million of 2030 senior notes outstanding, leaving leverage and interest-rate sensitivity as ongoing constraints [#10-Q-2026-05-11].
Momentum
79
Value
64
Sentiment
30
Setup hits (3d)
2 · Net Bullish
AI TargetsBase $37.00 · Bull $48.00 · Bear $30.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-16 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Bullish
Target $35.39
Why
Momentum79 · Δ7d -0.6
Value64 · Δ7d -0.4
Sentiment30 · Δ7d -7.4
So what
Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
79
34% active weight
Current posture
7d trendSoftening
Δ7d
-0.6
Δ21d
-4.0
Value
64
32% active weight
Current posture
7d trendFlat
Δ7d
-0.4
Δ21d
-0.5
Sentiment
30
33% active weight
Current posture
7d trendSoftening
Δ7d
-7.4
Δ21d
-6.4
Why this grade
Composite grade B. Momentum 79.1 / Value 63.7 / Sentiment 30.4
Fundamentals (TTM)As of 2026-06-01
Fundamentals (TTM)
As of 2026-06-01
Market Cap
$4.12B
Beta
1.24
Shares Out
85.63M
P/E (TTM)
196.8
P/S (TTM)
0.96
P/FCF (TTM)
4.62
Rev YoY
+4.9%
EPS YoY
+323.4%
Gross Margin
+71.1%
Op Margin
+4.1%
Net Debt
$1.29B
Current Ratio
0.63
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology