The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

RNG

Concerning the House

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 delivers AI-powered omni-channel and workforce engagement solutions; RingCentral Customer Engagement Bundle, a comprehensive solution that includes phone, messaging, and SMS for businesses; and RingCX, a contact center as a service solution for AI-powered customer engagement with CRM integrations. It also offers artificial intelligence (AI) solutions, such as AI Receptionist, a voice AI agent that automates and handles inbound communication; AI Virtual Assistant, which provides real time call and meeting summaries, capturing key points, open questions and action items; AI-based Quality Management, an automated conversation evaluation platform to identify compliance risks, coaching opportunities, and performance insights; AI Agent Assist, a real-time AI guidance for agents; AI Supervisor Assist, a real-time AI insights and recommendations for supervisors; and RingCentral Events, a virtual and hybrid events platform for multi-session conferences, branded experiences, registration, and attendee networking with AI-powered engagement tools. It serves a range of industries, including healthcare, financial and professional services, retail, state and local government, education, legal services, real estate, technology, insurance, construction and hospitality, and others. The company sells its products to enterprise customers, and small and medium-sized businesses through resellers and distributors, partners, and global service providers. RingCentral, Inc. was incorporated in 1999 and is headquartered in Belmont, California.

United States · www.ringcentral.com

The Long Run

FY 2013–2025 · 13 years

LineLatestCAGRTrend
Revenue$2.52B+42.6%
Gross profit$1.69B+26.7%
Operating income$120.55M+4415.0%
Net income$43.39M
Cash from ops$617.43M+43.0%
Quotation

$67.78

+4.90 (+7.8%)

52w hi$67.78
52w lo$24.69
Vol1.33M
As ofAug 13
The Verdict

Hold

Our score +0.24

Short-0.13
Medium+0.43
Long+0.60

computed 2026-08-13

By the Numbers

RingCentral, Inc.

Technology · Software - Application

Market cap$5.66B
Enterprise value$6.50B
Trailing P/E54.22x
Forward P/E12.33x
EV / EBITDA15.69x
P / S (ttm)2.19x
Profit margin4.3%
Return on equity
Revenue growth+5.9%
Earnings growth+221.4%
Debt / equity
Risk Metrics
Beta vs SPX1.30
Corr SPX0.35
Annual vol61.2%
Annual ret+53.4%
Sharpe0.87
Max DD-48.6%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.31
Sector+0.15
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$63.23$68.45$62.95$67.781.33M
Aug 12$62.20$63.28$61.34$62.881.30M
Aug 11$63.79$64.79$62.35973.26K
Aug 10$62.67$64.95$62.58$64.101.67M
Aug 7$63.00$64.68$62.21$63.012.95M