Alert: Negative Fundamental Signals (8/23/24)-Ribbon Communications Inc (NASDAQ: RBBN)

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Ribbon Communications Inc (NASDAQ: RBBN). Extremely significant negative changes in fundamentals have recently occurred: 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.

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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 67, resulting in the Neutral Value Trend Rating.

Recent Price Action

Ribbon Communications Inc (NASDAQ: RBBN) stock enjoyed a large increase of 4.6% on 8/23/24. The stock closed at $3.38. However, unusually low trading volume at 65% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 8.7% during the last week.

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