$RNG

Polen Capital's Q3 2026 investor letter highlights RingCentral (RNG) as a top holding. The company, which provides AI-first cloud communications, reported strong earnings, raised guidance, and expanded partnerships. RNG's stock gained 198.48% YTD, closing at $86.20 with a $7.28B market cap. The letter notes improving margins, strong cash flow, and increased capital returns as positive factors.

Microsoft offers voluntary exit to 60,000 employees, launches AI contact center service. Zoom acquires Onyx for enterprise search. RingCentral reports Q3 revenue up 5.9%, AI product ARR nearing 15%. Five9 named Leader in Gartner's CCaaS Magic Quadrant. Logitech posts 11th straight growth quarter but faces supply chain issues.

RingCentral (RNG) announced a quarterly dividend of $0.125 per share, with a forward yield of 0.58%. The dividend is payable on November 20 to shareholders of record on November 6, with an ex-dividend date of November 6. According to the company, the dividend reflects its strong financial performance and optimism for future growth.

RingCentral (RNG) reports 13% of ARR shifting to customers using native AI products, with higher ARPU and net retention. AI-led ARR grew nearly 60% in H1 2026, suggesting higher-margin revenue streams from AI applications. The company has 600,000 business customers, with 16,000 using AI Receptionist and 6,300 using AI Conversation Expert.

RNG filed its quarterly report (10-Q) with the SEC on October 23, 2026. The filing includes periodic financial reports and related exhibits. Investors can access the detailed financial data and disclosures through the SEC's website.

RingCentral (RNG) shares rose after Q3 sales and earnings beat expectations, with revenue up 5.9% YoY to $676M. The company is a potential partner for SpaceX (SPCX).

Oppenheimer kept an Outperform rating and $110 price target on RingCentral, implying a 38.5% upside from the Oct 22 close. The firm cited strong revenue growth, increased earnings, and AI adoption as key drivers.

Piper Sandler kept a Neutral rating on RingCentral (RNG) with a $94 price target, an 18.4% upside from its Oct 22 close. The firm cited 6.4% ARR growth to $2.8B, exceeding expectations, but maintained caution due to market volatility and competition.

UBS raised its price target on RingCentral to $105 from $45 while maintaining a neutral rating. The stock is currently trading at $82.98, up 4.48% in the day and 18.33% in the year. The adjustment reflects changes in valuation and earnings revisions.

Needham raised its price target on RingCentral (RNG) to $110 from $85, citing strong AI product adoption. The stock is up 174% over the past year. Q3 2026 earnings beat estimates, with subscription revenue growing 6.0% YoY. Multiple analysts revised earnings upwards and adjusted price targets.