Recent extremely meaningful negative changes in fundamentals have impacted Ribbon Communications Inc (NASDAQ: RBBN): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, RBBN is expected to continue to be an important Value Builder.
Ribbon Communications has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Ribbon Communications has a neutral Appreciation Score of 44 and a slightly positive Power Rating of 64, producing the Neutral Value Trend Rating.
Recent Price Action
On 5/6/24, Ribbon Communications Inc (NASDAQ: RBBN) stock declined modestly by -1.6%, closing at $3.12. However, this decline was accompanied by below average trading volume at 78% of normal. Relative to the market the stock has been strong over the last nine months but is unchanged during the last week.
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