| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 07/19/2023 | 84.56% | Craig-Hallum | → $5.5 | Initiates Coverage On | → Buy |
| 05/23/2023 | 101.34% | JMP Securities | $6 → $6 | Reiterates | Market Outperform → Market Outperform |
| 04/27/2023 | 101.34% | JMP Securities | → $6 | Reiterates | → Market Outperform |
| 04/10/2023 | 101.34% | JMP Securities | → $6 | Initiates Coverage On | → Market Outperform |
| 02/16/2023 | 134.9% | B. Riley Securities | $6 → $7 | Maintains | Buy |
| 01/23/2023 | 101.34% | WestPark Capital | → $6 | Upgrades | Hold → Buy |
| 10/24/2022 | 101.34% | B. Riley Securities | $6.5 → $6 | Maintains | Buy |
| 01/26/2021 | 235.57% | B. Riley Securities | → $10 | Initiates Coverage On | → Buy |
| 10/31/2019 | 101.34% | Northland Capital Markets | $9 → $6 | Downgrades | Outperform → Market Perform |
| 08/01/2018 | — | Cowen & Co. | Upgrades | Underperform → Market Perform |
What is the target price for Ribbon Comms (RBBN)?
The latest price target for Ribbon Comms (NASDAQ: RBBN) was reported by Craig-Hallum on July 19, 2023. The analyst firm set a price target for $5.50 expecting RBBN to rise to within 12 months (a possible 84.56% upside). 7 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Ribbon Comms (RBBN)?
The latest analyst rating for Ribbon Comms (NASDAQ: RBBN) was provided by Craig-Hallum, and Ribbon Comms initiated their buy rating.
When is the next analyst rating going to be posted or updated for Ribbon Comms (RBBN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ribbon Comms, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ribbon Comms was filed on July 19, 2023 so you should expect the next rating to be made available sometime around July 19, 2024.
Is the Analyst Rating Ribbon Comms (RBBN) correct?
While ratings are subjective and will change, the latest Ribbon Comms (RBBN) rating was a initiated with a price target of $0.00 to $5.50. The current price Ribbon Comms (RBBN) is trading at is $2.98, which is within the analyst's predicted range.