RNG — Ringcentral Inc

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Ringcentral Inc

RingCentral, Inc., an agentic voice AI"powered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging. The company's products include RingEX, a AI-powered unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that d… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$41.86
Market Cap$3.54B
Float73.1M
Shares Outstanding74.1M
P/E (Forward)8.79
P/E (TTM)44.91
Price/Sales (TTM)1.39
vs. Analyst Target+8.5% to analyst PT
Profit Margin3.31%
Operating Margin (TTM)8.21%
Revenue (TTM)$2.55B
Dividend Rate0.3%
Analyst Target Price$45.40 (20 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $1.18B -$83.0M $860M $42.8M
2021 $1.59B -$376M $1.15B -$184M
2022 $1.99B -$879M $1.35B -$623M
2023 $2.20B -$165M $1.54B $113M
2024 $2.40B -$58.3M $1.69B $237M
2025 $2.52B $43.4M $1.79B $381M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $620M $13.2M
Sep 2025 $639M $17.6M
Dec 2025 $644M $23.0M
Mar 2026 $644M $30.6M

Ownership & Float

Insider Ownership0.9%
Institutional Ownership117.0%
Short Float12.2%
% of All Funds Holding3.84%
Number of Funds Holding316

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$40.51Near-term / short-term trend
Weekly40-Week SMA$32.94Medium-term trend
Weekly80-Week SMA$31.36Cyclical trend (business cycle)
Weekly200-Week SMA$32.85Secular trend (multi-year)
Monthly10-Month SMA$32.77Near-term monthly trend
Monthly20-Month SMA$31.48Medium-term monthly trend
Monthly40-Month SMA$31.83Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$25.90 support 2.37x 2 months ago
$25.30 support 1.56x 8 months ago

Historical Earnings Reactions (51 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 4.39% 3.31% 68.63% 28.40% -15.22%
1 Day 3.83% 3.75% 64.71% 34.40% -23.42%
1 Week 2.38% 5.03% 58.82% 30.39% -28.24%
2 Weeks 1.44% 1.09% 52.94% 42.97% -28.14%
1 Month 2.51% 4.80% 58.00% 37.34% -39.08%

Next earnings: July 26, 2026 (57 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.6%38.5%13
Feb4.6%61.5%13
Mar-6.2%38.5%13
Apr1.3%69.2%13
May2.1%66.7%12
Jun1.0%50.0%12
Jul6.2%58.3%12
Aug-0.7%33.3%12
Sep-4.0%16.7%12
Oct1.4%61.5%13
Nov3.4%69.2%13
Dec4.4%53.8%13

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.17% 48.9% 597
Tuesday 0.09% 51.8% 657
Wednesday 0.21% 51.5% 651
Thursday 0.13% 51.0% 639
Friday 0.13% 48.4% 638

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 117.0%

Insider Transactions — Smart Summary

Total insider ownership: 0.9%

Founder-led management: Vlad Shmunis (Co-Founder, CEO & Executive Chairman), Vlad Vendrow (Co-Founder & CTO)

12-Month Insider Activity Summary

Total Filings39
Net Value-$31.9M
Net Shares Change-932,508
% of Float-1.3%
C-Suite Filings32
Clusters Detected5

Key Insiders

NameTitleNet ValueFilingsActivity
Shmunis Vladimir CEO and Chairman -$10.5M 1 N/A
Makagon Kira President and COO -$3.8M 2 N/A
Agarwal Vaibhav Chief Financial Officer -$1.7M 2 N/A
Arora Tarun Chief Accounting Officer -$790,338.567 2 N/A
THEIS ROBERT I -$173,644.742 2 N/A
Shenkan Amy Guggenheim -$126,915.841 1 N/A

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-08-18 – 2025-08-29 5 4 -$5.9M 5 C-suite
2025-11-14 – 2025-11-24 4 3 -$5.0M 4 C-suite
2025-12-29 – 2026-01-05 3 3 -$308,252.605 1 C-suite
2026-02-19 – 2026-03-04 9 5 -$16.0M 8 C-suite
2026-03-27 – 2026-04-03 3 3 -$2.0M 1 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-03-27 Makagon Kira President and COO -$1.8M Transaction at $35.80, now +16.9%
2026-03-03 Agarwal Vaibhav Chief Financial Officer -$1.4M Transaction at $36.39, now +15.0%
2026-03-11 Arora Tarun Chief Accounting Officer -$359,655.4 Transaction at $40.69, now +2.9%
2026-03-03 Arora Tarun Chief Accounting Officer -$430,683.167 Transaction at $36.30, now +15.3%
2026-05-22 Agarwal Vaibhav Chief Financial Officer -$352,432.962 Transaction at $42.78, now -2.2%
2026-02-24 Shmunis Vladimir CEO and Chairman -$10.5M Transaction at $37.49, now +11.7%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Ringcentral Inc (RNG) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for RNG on Trend Edge →