RingCentral
About: RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a stand-alone video meetings solution, and webinars.
Employees: 4,260
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
37% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 86
17% more capital invested
Capital invested by funds: $2.13B [Q1] → $2.5B (+$362M) [Q2]
3.46% more ownership
Funds ownership: 106.45% [Q1] → 109.92% (+3.46%) [Q2]
8% more call options, than puts
Call options by funds: $22.5M | Put options by funds: $20.8M
3% less funds holding
Funds holding: 293 [Q1] → 283 (-10) [Q2]
15% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 59
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Jefferies
Samad Samana
|
$29
|
Hold
Maintained
|
6 Aug 2025 |
UBS
Taylor McGinnis
|
$32
|
Neutral
Maintained
|
6 Aug 2025 |
Oppenheimer
Timothy Horan
|
$35
|
Outperform
Upgraded
|
6 Aug 2025 |
Financial journalist opinion
Based on 12 articles about RNG published over the past 30 days