Rosenblatt Raises RingCentral (RNG) Price Target to $105
Key Points
- Rosenblatt increased its price target for RingCentral to $105, up from $80, on October 26, 2026.
- Rosenblatt's $105 price target implies 25.91% upside from RingCentral, Inc.'s ($RNG) current $83.39 share price.
- As of October 26, 2026, RingCentral's stock was recently trading around $83.39, which is about equal to its closing price on October 23.
- The average price target from analysts for RingCentral is $93.57, suggesting the stock is currently below this consensus.
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On October 26, 2026, Rosenblatt raised its price target for RingCentral, Inc. (NYSE: RNG) to $105 from $80, while maintaining a Buy rating. This update comes as part of a broader analysis of the company's potential in the technology sector, particularly in software applications. The source of this information is Rosenblatt's research note dated the same day.
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RingCentral, Inc.
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Other Institutional Activity in RingCentral
Several institutional investors have been active in RingCentral recently. LSV Asset Management increased its stake by 724,628 shares, holding a total of 3,977,000 shares worth about $331.6 million. First Trust Advisors LP also boosted its position by 766,867 shares, totaling 2,346,082 shares valued at approximately $195.6 million. Meanwhile, Quantinno Capital Management added 261,370 shares, bringing its total to 2,238,449 shares worth about $186.7 million.
RingCentral, Inc. Stock Up 5.0%
RingCentral's stock was recently trading around $83.39, which is about equal to its closing price of $83.39 on October 23, 2026. The stock is currently above its 50-day moving average by 12.9% and well above its 200-day average by 74.0%. However, it remains below its 52-week high of $98.14 by about 15.0%.
$RNG price target
RingCentral, Inc. daily closes and this analyst's $105 target. Not advice.
Recent Earnings
RingCentral reported trailing twelve-month revenue of approximately $2.62 billion, reflecting a year-over-year revenue growth of 5.9%. The company also had an EPS of $7.60. Its next earnings report is scheduled for February 18, 2027.
Insider Buying and Selling at RingCentral, Inc.
Since early September, several insiders have sold shares of RingCentral. CEO Vladimir G. Shmunis sold 26,721 shares valued at about $1.97 million on September 3, 2026. Officer Tarun Arora sold 4,172 shares for around $293,550 on September 9. Additionally, President Kira Makagon sold 36,185 shares for approximately $2.54 million on September 14, while Director Amy Guggenheim Shenkan sold 1,264 shares for about $99,711 on October 2.
Analysts Set New Price Targets
On October 23, 2026, several firms adjusted their ratings on RingCentral. Jefferies maintained a Hold rating with a price target of $75, while UBS kept a Neutral rating and raised its target to $105. Oppenheimer reaffirmed its Outperform rating and increased its target to $110. Piper Sandler also maintained a Neutral rating with a target of $94. The consensus among analysts gives RingCentral a mean price target of $93.57.
About RingCentral
RingCentral, Inc. provides cloud-based communication services powered by voice AI. The company offers a platform that integrates business phone, SMS, contact center, video collaboration, and messaging services. This price target adjustment from Rosenblatt highlights their confidence in RingCentral's growth potential in the competitive technology landscape.
Bottom Line
Investors should watch for RingCentral's next earnings report on February 18, 2027, as well as any further changes in analyst ratings and price targets. With Rosenblatt's updated target, the stock remains a focal point for those following the technology sector.
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Source: Rosenblatt's rating change on $RNG (Oct 26, 2026). Written by software, not financial advice. How we make alerts