RNG

RingCentral reported $676.04 million in revenue for Q3 2026, up 5.9% year-over-year, beating the consensus estimate of $666.96 million by 1.36%. EPS of $1.33 exceeded expectations of $1.27 by 4.72%.

Subscription revenues grew 6% to $652.94 million, while subscription gross margins remained strong at 80.6%. The stock has gained 4% over the past month and holds a Zacks Rank #2 (Buy) rating.

RingCentral reported Q3 2026 earnings of $1.33 per share, beating consensus estimates of $1.27, with revenues of $676.04 million exceeding expectations by 1.36%. The company has outperformed the market by 185.4% year-to-date and received a Zacks Rank #2 (Buy) rating. Globant, another software services company, is expected to report declining earnings and revenues in its upcoming quarter.

RingCentral (RNG) has surged 182.6% year-to-date, hitting a new 52-week high of $82.21. The company has consistently beaten earnings estimates for four consecutive quarters, with a Zacks Rank #2 (Buy) rating. While trading at a premium valuation of 16.2X current fiscal year EPS versus the industry average of 13.4X, analysts suggest the stock may have room to run in the near term based on rising earnings estimates and strong growth metrics.