RingCentral Inc (RNG) stock hits $28.75: Is it a good time to buy or wait for a dip?

RingCentral Inc [RNG] stock prices are down -1.27% to $28.75 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The RNG shares have gain 21.67% over the last week, with a monthly amount glided 0.49%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

RingCentral Inc [NYSE: RNG] stock has seen the most recent analyst activity on August 06, 2025, when Oppenheimer upgraded its rating to a Outperform but kept the price target unchanged to $35 for it. Barclays downgraded its rating to a Equal Weight and decreased its price target to $37 on January 27, 2025. Wells Fargo downgraded its rating to a Underweight and reduced its price target to $30 on January 07, 2025. Raymond James downgraded its rating to Outperform for this stock on January 03, 2025, and downed its price target to $45. In a note dated December 13, 2024, Mizuho downgraded an Neutral rating on this stock but restated the target price of $42.

The stock price of RingCentral Inc [RNG] has been fluctuating between $20.58 and $42.19 over the past year. Currently, Wall Street analysts expect the stock to reach $110.09 within the next 12 months. RingCentral Inc [NYSE: RNG] shares were valued at $28.75 at the most recent close of the market. An investor can expect a potential return of 282.92% based on the average RNG price forecast.

Analyzing the RNG fundamentals

The RingCentral Inc [NYSE:RNG] reported sales of 2.46B for trailing twelve months, representing a surge of 4.64%. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is 0.03 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-5.15.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

It’s worth pointing out that RingCentral Inc [NYSE:RNG]’s Current Ratio is 0.51. On the other hand, the Quick Ratio is 0.51, and the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 1.05.

Transactions by insiders

Recent insider trading involved Arora Tarun, Chief Accounting Officer, that happened on Jun 27 ’25 when 7776.0 shares were sold. President and COO, Makagon Kira completed a deal on Jun 27 ’25 to sell 21185.0 shares. Meanwhile, Officer Makagon Kira bought 27055.0 shares on Jun 27 ’25.

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