StocksMediumUpdated×2•Originally published 23 October 2026•Updated 23 October 2026•
1 min read
RingCentral Stock Rises on Q3 Earnings Beat and Analyst Price Target Hikes
Key Facts
1RingCentral expects fiscal 2026 free cash flow to be between $620 million and $630 million.
2Adoption of agentic voice AI has reached approximately 15% of the company's Annual Recurring Revenue (ARR).
RingCentral exceeded third-quarter expectations with an adjusted EPS of $1.33. Reports indicated that the earnings beat prompted analysts to raise their price targets for the company, driven by accelerating revenue growth and a strong cash flow outlook.
RNG was trading at $91.15 on October 23, 2026, up from its October 21, 2026, close of $82.42. Seeking Alpha reported that agentic voice AI solutions now account for 15% of the company's annual recurring revenue, while free cash flow for fiscal year 2026 is projected to reach between $620 million and $630 million.