RingCentral Hits New 52-Week High

Shares of the cloud communications company reach a new 12-month peak amid analyst upgrades.

Published on Mar. 5, 2026

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Shares of RingCentral, Inc. (NYSE:RNG) reached a new 52-week high of $40.93 on Thursday, closing at $39.74 with trading volume of over 600,000 shares. The stock price surge comes amid a series of analyst upgrades, with Morgan Stanley and Piper Sandler lifting their price targets on the cloud communications company.

Why it matters

RingCentral's strong stock performance reflects growing investor confidence in the company's cloud-based unified communications and contact center offerings, which have seen increased demand as more businesses shift to remote and hybrid work models.

The details

Several Wall Street analysts have recently issued positive notes on RingCentral. Morgan Stanley raised its price target from $30 to $33, while Piper Sandler lifted its target from $28 to $37. Oppenheimer also reissued an "outperform" rating on the stock and increased its price objective to $37.50.

  • RingCentral's stock hit a new 52-week high of $40.93 on Thursday, March 5, 2026.
  • The company reported Q4 2025 earnings on February 20, 2026.

The players

RingCentral, Inc.

A leading provider of cloud-based business communications and collaboration solutions, including unified communications, contact center, and team messaging services.

Morgan Stanley

A global financial services firm that raised its price target on RingCentral from $30 to $33.

Piper Sandler

An investment bank that increased its price target on RingCentral from $28 to $37.

Oppenheimer

A financial services firm that reissued an "outperform" rating on RingCentral and raised its price objective to $37.50.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

RingCentral's strong stock performance and positive analyst sentiment reflect the growing demand for its cloud-based communications and collaboration solutions as businesses adapt to new remote and hybrid work models.