RingCentral Stock Prediction: Where Analysts See the Stock Going by 2027

Nikko Henson • 5 minute read

Last updated Nov 17, 2025

RingCentral, Inc. (NYSE: RNG) has struggled in recent years as growth slowed and sentiment weakened. The stock trades near $27/share, well below past highs, as investors shift their focus from rapid expansion to profitability. Even with these challenges, RingCentral has delivered improving margins and more disciplined cost control that reveal meaningful progress under the surface.

Recently, RingCentral strengthened its balance sheet by lowering net debt to EBITDA to about 3.2x and continued expanding operating margins as it prioritizes sustainable profitability. The company has also rolled out new AI driven communication features to modernize its platform and stay competitive in a crowded market. These updates signal a shift toward a more stable and operationally focused business model.

This article explores where Wall Street analysts think RingCentral could trade by 2027. We review consensus price targets and TIKR’s valuation model to outline the stock’s potential path. These figures reflect current analyst expectations and are not TIKR’s own predictions.

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Analyst Price Targets Suggest Modest Upside

RingCentral trades at about $27/share today. The average analyst target sits near $33/share, which points to roughly 20% upside. That places the stock in the modest upside category where expectations are positive but not overly bullish.

High estimate: ~$45/share
Low estimate: ~$27/share
Median target: ~$32/share
Ratings: 4 Buys, 3 Outperforms, 11 Holds

Analysts see some room for gains, but conviction remains limited. For investors, this suggests RingCentral may deliver a steady recovery if execution stays consistent, although stronger revenue momentum would be needed to unlock a more meaningful rerating.

RingCentral stock — RingCentral Analyst Price Target

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RingCentral: Growth Outlook and Valuation

The company’s fundamentals appear steady, supported by stronger margins and continued improvements in operational efficiency.

Revenue is projected to grow about 4.5% annually through 2027.
Operating margins are expected to remain near 23.4%.
Shares trade at roughly 6x forward earnings, which sits on the lower end for software names.
Based on analysts’ average estimates, TIKR’s Guided Valuation Model using a 6x forward P E suggests RingCentral could trade near $32/share by 2027.
That implies about 18% upside, or roughly 8% annualized returns.

These numbers indicate that RingCentral can compound steadily, but not at a high growth pace. The company’s path forward relies more on consistent profitability, cash flow discipline, and expense control than on rapid top line acceleration.

For investors, RingCentral looks more like a stable, cash flow focused operator than a fast growing software story. Returns are achievable, but they depend on management maintaining operational strength rather than driving aggressive expansion.

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What’s Driving the Optimism?

RingCentral has made clear progress improving the quality of its earnings. Operating discipline has strengthened, and margin recovery shows the business can maintain solid profitability even in a slower growth environment. These improvements give investors confidence that RingCentral is becoming a more stable operator.

The balance sheet has also improved, reducing financial risk and giving the company more flexibility. Continued enhancements to the platform and the introduction of AI based features help deepen customer stickiness and keep RingCentral competitive.

For investors, these improvements suggest that RingCentral has the foundation to deliver consistent performance, even if revenue growth remains modest.

Bear Case: Slow Growth and Intense Competition

RingCentral still faces slow revenue expansion and operates in a highly competitive landscape. Larger players continue to push aggressively across unified communications, making it difficult for RingCentral to expand share or accelerate demand.

There is also the risk that margin gains plateau over time. If competitive pressures require increased spending or customer churn rises, the valuation could remain constrained.

For investors, the main concern is that slow top line growth could limit long term upside and keep valuation multiples compressed.

Outlook for 2027: What Could RingCentral Be Worth?

Based on analysts’ average estimates, TIKR’s Guided Valuation Model suggests RingCentral could trade near $32/share by 2027. That would represent about 18% total upside, or roughly 8% annualized returns.

This outcome assumes RingCentral maintains current margins, holds revenue growth in the mid single digit range, and continues improving its financial position. It is a reasonable scenario, but it is not a high growth forecast.

To unlock stronger upside, the company would need faster revenue acceleration or more substantial improvements in free cash flow generation. Without that, returns are likely to remain steady but limited.

For investors, RingCentral offers a realistic path to modest gains, with the potential for better performance if management can convert operational improvements into stronger and more sustainable growth.

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