In last trading session, Ribbon Communications Inc (NASDAQ:RBBN) saw 0.57 million shares changing hands with its beta currently measuring 1.26. Company’s recent per share price level of $4.73 trading at -$0.22 or -4.44% at ring of the bell on the day assigns it a market valuation of $829.57M. That closing price of RBBN’s stock is at a discount of -13.74% from its 52-week high price of $5.38 and is indicating a premium of 47.99% from its 52-week low price of $2.46.

For Ribbon Communications Inc (RBBN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.17. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.0 in the current quarter.

Ribbon Communications Inc (NASDAQ:RBBN) trade information

Upright in the red during last session for losing -4.44%, in the last five days RBBN remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $4.73 price level, adding 12.08% to its value on the day. Ribbon Communications Inc’s shares saw a change of 13.70% in year-to-date performance and have moved -5.40% in past 5-day. Ribbon Communications Inc (NASDAQ:RBBN) showed a performance of 14.25% in past 30-days.

Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 21.17% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -26.85% in reaching the projected high whereas dropping to the targeted low would mean a loss of -26.85% for stock’s current value.

Ribbon Communications Inc (RBBN) estimates and forecasts

This year revenue growth is estimated to rise 5.63% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 191.66M for the same. And 5 analysts are in estimates of company making revenue of 209.54M in the next quarter. Company posted 179.66M and 192.62M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 23.45% during past 5 years.

Ribbon Communications Inc (NASDAQ:RBBN)’s Major holders

JPMORGAN CHASE & CO is the top institutional holder at RBBN for having 52.04 million shares of worth $171.2 million. And as of 2024-06-30, it was holding 29.9424 of the company’s outstanding shares.

The second largest institutional holder is NEUBERGER BERMAN GROUP LLC, which was holding about 17.78 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.3114 of outstanding shares, having a total worth of $76.49 million.

On the other hand, Neuberger & Berman Intrinsic Value Fd and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 4.69 shares of worth $22.16 million or 2.67% of the total outstanding shares. The later fund manager was in possession of 2.7 shares on Sep 30, 2024 , making its stake of worth around $12.77 million in the company or a holder of 1.54% of company’s stock.