RingCentral Shares Climb to 52-Week High on Optimistic Outlook

Dow Jones
Feb 21

By Katherine Hamilton

 

RingCentral shares surged after the company shared an outlook for this year that was on the high end of analysts' expectations.

The stock gained 36% to $39.93 on Friday, at one point touching a 52-week high of $40.64. Shares are up 39% in the past 12 months.

The AI-driven communications company said it expects revenue to increase 4% to 5% this year, topping the projected 4.5% growth analysts polled by FactSet expect.

For the current quarter, RingCentral expects $640 million to $645 million in revenue, while analysts were expecting $642.2 million. It anticipates adjusted earnings per share of $1.16 to $1.19, while analysts were looking for $1.16.

RingCentral also beat in the fourth quarter. Its revenue was $644.0 million with adjusted earnings of $1.18 a share. Analysts were guiding for $643.6 million in sales and $1.14 a share in adjusted earnings.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

February 20, 2026 11:34 ET (16:34 GMT)

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