AAL

Should You Buy the Dip in RingCentral Stock?

RNG has declined 35% over the past 5 months

facebook X logo linkedin


RingCentral, Inc. (NYSE:RNG) is an American company that provides cloud-based communications and collaboration solutions for businesses on their Message Video Phone global platform. RingCentral offers three key products in its portfolio including RingCentral MVP, a Unified Communications as a Service platform including team messaging, video meetings, and cloud phone systems.

On June 1, RingCentral announced a major partnership with Deutsche Telekom in order to deliver mobility-centric, flexible, easy to use, and secure cloud communication solutions. RNG also stated that the partnership will bring the benefits of next-generation communications and collaboration capabilities to companies of every size. The partnership will also offer Deutsche Telekom’s customers a co-branded version of RingCentral Video as a stand-alone video solution.

RingCentral stock is about flat year-over-year, but has managed to add around 10% since since touching its September low of $229.00. Additionally, shares of RingCentral stock have dropped 33% year-to-date and are currently trading down 43% from its February record-high of $449.00.

Overall, RingCentral is still a company in its early growth stages, which is apparent by the company’s high revenue growth rate and continued lack of profitability. Despite four straight quarterly earnings beats over the past 12 months, RingCentral stock remains in the early growth stages. In general, RNG is an intriguing speculative play, especially after the RingCentral stock’s big downward move this year.

 

Two High-Octane Trade Ideas. One Simple Goal: Intraday Profits.

Dynamite Day Trading Signals delivers two same-day options trades every week — powered by proprietary intraday analysis and 43+ years of trading expertise.

But this isn’t just another stream of alerts.

It’s a structured plan with clear entry and exit points – designed for traders who want to act fast, trade smart, and wrap up gains before the closing bell.

No guesswork. No overnight exposure – Just two well-researched setups per week — whether you prefer buying premium or selling it.

And the results speak for themselves: subscribers have locked in +245.8% total profit over the last six months (since inception!).

👉 Start your one-month trial now for just $10, and be ready for the next trade alert.