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NYSE:RNG 23 February 2026 - 24 February 2026

RingCentral stock steadies before the bell after 12% slide as Piper Sandler lifts target

RingCentral stock steadies before the bell after 12% slide as Piper Sandler lifts target

RingCentral shares rose 0.6% to $34.79 in premarket trading Tuesday after a 12.5% drop Monday and a 34% jump Friday. Piper Sandler raised its price target to $37 but kept a neutral rating, citing pricing pressure and dilution risk. The board approved a quarterly dividend of $0.075 per share, payable March 16 to holders as of March 9. Investors are watching if the post-earnings rally holds.
24 February 2026
RingCentral stock slips in premarket as Piper Sandler lifts target after dividend-driven surge

RingCentral stock slips in premarket as Piper Sandler lifts target after dividend-driven surge

RingCentral shares fell 0.8% to $39.20 premarket Monday after surging 34.6% Friday on news of a new dividend and strong cash-flow outlook. Piper Sandler raised its price target to $37 but kept a Neutral rating. The company reported 2025 revenue of $2.515 billion and free cash flow up 32% to $530 million. Investors are watching if cash returns and customer retention hold through 2026.
23 February 2026
RingCentral stock price near $40 in premarket after 34% jump — what Wall Street is watching now

RingCentral stock price near $40 in premarket after 34% jump — what Wall Street is watching now

RingCentral shares traded near $39.50 premarket Monday after jumping 34.4% Friday, following a new dividend, expanded buyback, and strong free cash flow forecast. Oppenheimer, Rosenblatt, Mizuho, and Morgan Stanley all raised price targets, citing AI momentum and margin gains. The company is integrating OpenAI’s GPT-5.2 for enterprise voice AI. Revenue growth for 2026 is projected at 4% to 5%.
23 February 2026

Stock Market Today

  • US May 2026 PCE Inflation Hits 4.1%, Fed Hike Risk Persists
    June 25, 2026, 10:27 AM EDT. In May 2026, the U.S. Personal Consumption Expenditures (PCE) price index rose 4.1% year over year, marking the highest inflation level since April 2023. Consumer spending increased 0.7% in nominal terms but only 0.3% in real terms after adjusting for inflation. The Federal Reserve has maintained its benchmark interest rate but signals stronger inflation projections and a year-end federal funds rate of 3.8%. Rate futures reduced July hike odds to 30% but kept September chances near 80%. Investors watch demand closely, as rising prices may pressure corporate margins despite revenue gains. Market experts warn of volatility amid less Fed clarity and ongoing energy price uncertainties impacting inflation expectations.

Latest News

Apple (NASDAQ:AAPL) lifts MacBook and iPad prices, faces memory cost jump

Apple (NASDAQ:AAPL) lifts MacBook and iPad prices, faces memory cost jump

25 June 2026
Apple (AAPL) shares plunged 4.8% to $278.93 after the company hiked Mac and iPad prices by $100–$300 due to soaring memory costs, while iPhone prices—over half of March-quarter sales—remained unchanged; Apple warned of further gross margin pressure from rising memory prices, as DRAM costs surged up to 98% last quarter and are set to climb again.
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