Ribbon Communications/RBBN

$2.69

-2.18%
-
1D1W1MYTD1YMAX

About Ribbon Communications

Ribbon Communications, Inc. is a provider of communications technology to service providers and enterprises. The Company provides a range of software and high-performance hardware products, network solutions, and services that enable the secure delivery of data and voice communications, and high-bandwidth networking and connectivity. The Company operates through two segments. The Cloud and Edge segment provides secure and reliable software and hardware products, solutions and services for Voice over Internet Protocol communications, Voice over Long-Term Evolution and Voice Over G communications and Unified Communications and Collaboration within service providers and enterprises. The IP Optical Networks segment provides high-performance, secure solutions for IP networking and optical transport, supporting wireless networks, including G, metro and edge aggregation, core networking, data center interconnect, legacy network transformation and transport solutions for wholesale carriers.

Ticker

RBBN

Sector

Technology

Trading on

NASDAQ

Industry

Software & Programming

CEO

Bruce Mcclelland

Employees

3,107

Headquarters

Plano, United States

RBBN Metrics

BasicAdvanced
$474.27M
Market cap
-
P/E ratio
-$0.39
EPS
1.20
Beta
-
Dividend rate
$474.27M
1.2047
$3.65
$1.78
405.17K
1.228
1
55.397
63.15
-0.13%
-5.52%
-13.63%
-7.66%
0.574
1.045
62.355
0.8%
41.1%
-0.69%

What the Analysts think about RBBN

Analyst Ratings

Majority rating from 5 analysts.
Buy

Price Targets

Average projection from 3 analysts.
123.05% upside
High $6.00
Low $6.00
$2.69
Current price
$6.00
Average price target

RBBN Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
3.09% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$226.4M
11.47%
Net income
$7M
-151.85%
Profit margin
3.09%
-146.54%

RBBN Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 10.45%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.02
$0.04
$0.05
$0.12
-
Expected
-$0.04
$0.04
$0.08
$0.13
-$0.01
Surprise
-44.44%
5.26%
-35.9%
-10.45%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Ribbon Communications stock?

Ribbon Communications (RBBN) has a market cap of $474.27M as of April 15, 2024.

What is the P/E ratio for Ribbon Communications stock?

The price to earnings (P/E) ratio for Ribbon Communications (RBBN) stock is 0 as of April 15, 2024.

Does Ribbon Communications stock pay dividends?

No, Ribbon Communications (RBBN) stock does not pay dividends to its shareholders as of April 15, 2024.

When is the next Ribbon Communications dividend payment date?

Ribbon Communications (RBBN) stock does not pay dividends to its shareholders.

What is the beta indicator for Ribbon Communications?

Ribbon Communications (RBBN) has a beta rating of 1.2. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Ribbon Communications stock price target?

The target price for Ribbon Communications (RBBN) stock is $6, which is 123.05% above the current price of $2.69. This is an average based on projections from 3 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Ribbon Communications stock

Buy or sell Ribbon Communications stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing