RNG · NYSE · STOCK
RingCentral (RNG) Stock Analysis
$79.30
52W $24.14 – $81.90
51/100
$6.84B
61.4
1.11
Is RNG Bullish or Bearish?
Mixed.
Innellis AI committee rates RingCentral, Inc. (RNG) Watch with a composite score of 51/100
, based on 6 analysts with 50% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +9.17 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -10.83 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Macro Analyst sees a compelling case. Value Analyst remains cautious — p/e of 59.3 is expensive by classic value standards. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- 4 consecutive earnings beats -- consistent execution — Growth
- Price structure making higher highs and higher lows — Technical
- Trend and market structure agree -- coherent bullish picture — Technical
- Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
- P/E of 59.3 is expensive by classic value standards — Value
- Price-to-book of 32.1x prices in significant intangible value — Value
- ROE of only -231.7% -- cheap may mean cheap for a reason — Value
- Debt-to-equity of 2.60 adds balance-sheet risk to the value case — Value
- MACD histogram negative -- bearish momentum — Technical
- Weekly RSI at 83 -- overbought on the larger timeframe too — Technical
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
51/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 93%
of 287 Technology peers
Value Analyst
bearish
29
/ 100 · High confidence
Multiples don't clear a genuine value bar here, or cheapness looks justified by weak fundamentals
− P/E of 59.3 is expensive by classic value standards
Growth Analyst
bullish
60
/ 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ 4 consecutive earnings beats -- consistent execution
Technical Analyst
bullish
61
/ 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− MACD histogram negative -- bearish momentum
Risk Analyst
bearish
32
/ 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 2.60) amplifies downside in a stress scenario
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
neutral
58
/ 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score moved marginally from 51.0 to 50.8.
- New bearish signals: 2 appeared.
- Bearish pressure eased: 3 signal(s) disappeared.
Analyst-level changes:
- Technical Analyst: +1 bearish signal(s).
- Value Analyst: +1 bearish signal(s).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
62.9
Neutral
MACD Histogram
-0.329
Bearish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Hh Hl
Bollinger %B
0.77
Inside Bands
Price vs Moving Averages
EMA 9
$77.66
Above
EMA 21
$75.74
Above
EMA 50
$69.23
Above
EMA 200
$50.36
Above
Fundamental Analysis
Valuation
67
Growth
73
Profitability
38
Financial Health
63
Cash Flow
70
Valuation
P/E Ratio
61.4×
P/B Ratio
-10.96×
PEG Ratio
0.02
Dividend Yield
0.35%
52W High
$81.90
52W Low
$24.14
Quality & Growth
ROE
-737.8%
ROA
292.9%
Gross Margin
7179.7%
Operating Margin
693.7%
Revenue Growth YoY
—
Debt / Equity
-2.20
AI Fundamental Assessment
P/E ratio of 61.4 (rich relative to a 15-40x range); Price-to-book of -11.0x; PEG ratio of 0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -7.4%; Return on assets of 2.9%; Net margin of 4.3%; Gross margin of 71.8%; Current ratio of 1.11 (tight short-term liquidity); Debt-to-equity of -2.20; Free cash flow per share is positive (7.96); Most recent quarter beat estimates by 3.7%; 4 consecutive earnings beats; EPS growth roughly steady (+1.7% -> +1.7% QoQ); Analyst estimates rising over recent quarters
Get the Full RNG Analysis
Interactive charts · Live committee votes · Trade plan · Paper trading · AI Q&A
Open in Terminal →