RIBBON COMMUNICATIONS INC (RBBN)
Information Technology · Telecommunications Equipment · NASDAQ
Ribbon Communications provides secure, cloud-centric networking and communication solutions that connect service providers and enterprises to the evolving AI-enabled digital landscape.
What RIBBON COMMUNICATIONS INC does
Ribbon Communications is a global provider of software and high-performance hardware for data and voice communications, serving service providers and enterprises. The company offers cloud-centric networking solutions that facilitate secure information exchange and high-bandwidth connectivity for industries including finance, government, and utilities. Its platform is increasingly focused on integrating voice capabilities into agentic AI and supporting the growth of fiber connectivity.
Themes: cloud communications, fiber connectivity, AI-enabled voice infrastructure, enterprise networking, network security, telecommunications infrastructure
Fundamentals
- Price$2.03 as of 2026-08-21 close
- Market cap$363M as of 2026-08-21
- 1-year return-45.7% 2025-08-21 close $3.74 → 2026-08-21 close $2.03
- P/E24.37 as of 2026-08-24
- Net margin+2.0% as of 2026-08-24
- Gross margin+48.8% as of 2026-08-24
- ROE+3.9% as of 2026-08-24
- Debt / equity0.84 as of 2026-08-24
- Revenue growth (YoY)-7.6% as of 2026-08-24
- Revenue CAGR (3y)+1.0% SEC XBRL
- Beta1.37 as of 2026-08-24
- Last reported earnings2026-07-28 SEC EDGAR Form 8-K (Item 2.02)
How RBBN compares in its sector
- price-to-earnings ratiomiddle range 265 covered Information Technology peers, as of 2026-08-24
- net profit marginmiddle range 405 covered Information Technology peers, as of 2026-08-24
- operating marginmiddle range 405 covered Information Technology peers, as of 2026-08-24
- gross marginmiddle range 403 covered Information Technology peers, as of 2026-08-24
- return on equitymiddle range 405 covered Information Technology peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 386 covered Information Technology peers
- free cash flow (absolute dollars, latest fiscal year)middle range 382 covered Information Technology peers, as of FY2025
Position among covered Information Technology companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How RIBBON COMMUNICATIONS INC looks technically
RIBBON COMMUNICATIONS INC (RBBN) is trading 20.3% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 231 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 9, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 43, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 9 trading days ago. It is 52.1% below its highest point of the past year. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 6% of the past ~6 months), which often precedes a bigger move.
Trend
8
| Distance from the 200-day | it is trading 20.3% below its 200-day average, the long-term trend line — a long-term downtrend | -20.3% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $2.23 | $2.23 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $2.55 | $2.55 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 8 calendar days ago — the swings before that are what the structure reading is measured on | 8 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 2.16. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 231 trading days ago — a "death cross", a bearish long-term signal | 231 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 9, below the 25 that marks a real trend) | 8.9 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 43, neither overbought (above 70) nor oversold (below 30) | 42.8 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($1.97 to $2.24) — its "stochastic" reading is 22 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 22.2 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 18 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $4.24 | $4.24 |
|---|---|---|
| From the 52-week high | it is 52.1% below its 52-week high (its highest price of the past year) | -52.1% |
| Above the 52-week low | it is 12.8% above its 52-week low (its lowest price of the past year) | +12.8% |
| Below the 52-week high | it is 52.1% below its highest point of the past year | 52.1% |
| Since a 20-day breakout | it made a new 20-day low about 9 trading days ago | 9 sessions |
| Since a 55-day breakout | it made a new 55-day low about 9 trading days ago | 9 sessions |
| All-time high | its highest closing price on record is $468.33 (set on 2000-08-08) | $468.33 |
| Given back of the 52-week move | over the past year its closes ranged ($1.95 to $4.16), and it has recovered only a small part of its fall from last year’s high — 4% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $3.32 to $3.39. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 3.6% |
| From the all-time high | it is 99.6% below its all-time high | -99.6% |
| Nearest price level | it is trading 1.6% below a resistance level at $2.06 — a price it turned at three times since 2026-03-13, most recently on 2026-07-08. Since 2024-08-21 it has 0 such levels below the current price and 14 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +1.6% |
| All-time low | its lowest closing price on record is $0.9 (set on 2002-10-02) | $0.9 |
| Above the all-time low | it is 125.6% above its all-time low | +125.6% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 6% of the past ~6 months), which often precedes a bigger move | 6th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.1036 between its high and its low — about 5.1% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.1036 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $1.98 and $2.20 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $1.98 – $2.09 – $2.20 |
| Typical daily range (% of price) | its price moves about 5.1% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 5.1% |
| Stretch from the 200-day average | it is trading 5.0 daily ranges below its 200-day average price (20.3% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 5.0 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.43× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
1
| Since a bullish engulfing | today it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | today |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-21 0.5% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.5% |
|---|---|---|
| Open gap | it gapped 8.3% below the previous close 48 sessions ago and has not traded back through the level it left behind at 2.88 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -8.3% |
| Gap filled | a 10.7% gap up opened on 2026-07-29 has been "filled" 9 sessions ago — price traded back through the level the gap left behind, and it took 8 sessions to close | 9 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 12.9 percentage points (the stock lost 10.6% while the market gained 2.3%) | -12.9% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 26.5 percentage points (the stock lost 23.4% while the market gained 3.1%) | -26.5% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 13.5 percentage points (the stock lost 2.4% while the market gained 11.1%) | -13.5% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 66.2 percentage points (the stock lost 45.7% while the market gained 20.5%) | -66.2% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 18% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 13.3% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -18.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 16% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $2.42 — a volume-weighted average of daily closes over 156 sessions, not a true tick-by-tick VWAP. | -16.3% |
|---|---|---|
| Vs the average paid since it last reported | the price is 3% below the average price paid since it last reported on 2026-07-28 (its 8-K), so the typical buyer over that stretch is under water. That average is $2.09 — a volume-weighted average of daily closes over 19 sessions, not a true tick-by-tick VWAP. | -3.0% |
Price levels it has turned at before
RBBN last closed at $2.03 on 2026-08-21. Since 2024-08-21 it has turned at 0 prices below its last close and 14 above; the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $2.06 | Resistance | 1.6% above the last close | turned there three times · 2026-03-13 to 2026-07-08 |
| $2.28 | Resistance | 12.3% above the last close | turned there twice · 2026-03-24 to 2026-04-29 |
| $2.44 | Resistance | 20.4% above the last close | turned there twice · 2026-03-02 to 2026-05-15 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $2.16.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 3 trading days, since 2026-08-19.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · in a Bollinger Band volatility squeeze · trendless / choppy (low ADX) · lagging the market · Printed a bullish engulfing pair | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low · bollinger bands
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$3.56 range $3.00 – $4.00; median $3.50
Analyst estimates, as of 2026-08-23. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for RBBN
- Consensus EPS estimate$0.038 next reporting period, as of 2026-08-23
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Potential negative impacts from volatile global trade policies and U.S. tariff legislation.","Supply chain disruptions and inflationary pressures affecting manufacturing and operating costs.","Geopolitical instability, particularly the wars in the Middle East and Ukraine, which may impact customer spending and internal resource availability."]
What changed in the latest 10-Q
AI-assisted comparison of RBBN's 10-Q filed 2026-05-06 against the prior one filed 2025-10-23.
Management's Discussion & Analysis (MD&A)
- Added:
- New subsection added: 'We are at the intersection of the adoption of Artificial Intelligence ("AI") by service providers and enterprises addressing the rapid growth in fiber connectivity and integration of voice capabilities into agentic AI platforms.' (2026-05-06 filing)
- New detailed tariff discussion added: Supreme Court ruling on IEEPA in February 2026, Court of International Trade order on March 4, 2026, administration plans for new tariffs under alternative authority (2026-05-06 filing)
- New paragraph added describing Middle East war separately from Ukraine war, including oil/gas export impacts and supply cost disruptions (2026-05-06 filing)
- Expanded discussion of global military conflicts to include 'including in the Middle East and Ukraine' in Supplier Disruptions section (2026-05-06 filing)
- Removed:
- Removed reference to 'proposed and enacted tariffs' language from older filing's Supplier Disruptions section (2025-10-23 filing)
- Removed 'the wars in Israel and Ukraine' specific reference from Supplier Disruptions section, replaced with broader language (2025-10-23 filing)
- Removed subsection title 'The Ongoing Wars in Israel and Ukraine' and replaced with 'The Ongoing War in Ukraine and the Middle East' (2025-10-23 filing)
- Removed separate discussion of 'the inflationary and high interest rate environment and tariffs' from Key Trends conclusion (2025-10-23 filing)
- Reworded:
- Federal Reserve target range changed from '4.00% to 4.25%' (2025-10-23) to '3.50% to 3.75%' (2026-05-06)
- Tariffs section reframed from 'United States has implemented, or indicated that it may or intends to implement' to 'The global trade landscape continues to be highly volatile. In 2025, the U.S. government implemented a series of trade tariffs' (2026-05-06)
- Reference changed from 'the wars in Israel and Ukraine' to 'The Ongoing War in Ukraine and the Middle East' in section title and discussion (2026-05-06)
- Added new language about 'the conflict in the Middle East has significantly reduced the export of oil and natural gas from the Persian Gulf' (2026-05-06)
- Supplier Disruptions section expanded to reference 'global military conflicts, including in the Middle East and Ukraine, rising fuel prices' instead of just 'the wars in Israel and Ukraine' (2026-05-06)
- Notes:
- Text truncated at end of both filings; foreign currency section incomplete in both versions
- Older filing references Form 10-K filed February 27, 2025 for year ended December 31, 2024; newer filing references Form 10-K filed February 26, 2026 for year ended December 31, 2025
- Page numbers differ (39 vs 35 in Table of Contents references), suggesting document length changes
Risk Factors
- Added:
- Added Item 5 disclosure: 'Credit Facility Waiver' describing First Amendment to Credit Agreement dated May 5, 2026, including waiver of maximum consolidated net leverage ratio covenant for June 30, 2026, increased ratio to 4.50:1.00 for September 30, 2026, and 4.00:1.00 for subsequent quarters, with modified interest rate margins (filed 2026-05-06)
- Added Exhibit 10.1: First Amendment and Limited Waiver to Credit Agreement, dated May 5, 2026 (filed 2026-05-06)
- Removed:
- Removed Item 5 disclosure: 'Cybersecurity Incident Disclosure' describing unauthorized access to IT network by nation-state actor beginning December 2024 and discovered in early September 2025, along with investigation and remediation efforts (filed 2025-10-23)
- Removed Exhibit 4.1: Ribbon Communications Inc. 2025 Incentive Award Plan (filed 2025-10-23)
- Removed Exhibit 4.2: Form of Warrant (filed 2025-10-23)
- Reworded:
- Risk Factors introductory language changed from 'There have been no material changes in the nine months ended September 30, 2025' to 'There have been no material changes in the three months ended March 31, 2026' (filed 2026-05-06 vs 2025-10-23)
- Item 2 table period changed from July 1, 2025 to September 30, 2025 (Q3 2025) to January 1, 2026 to March 31, 2026 (Q1 2026) (filed 2026-05-06 vs 2025-10-23)
- Item 2 note (1) changed from describing 112,569 awards/units in Q3 2025 (95,847 restricted stock and 16,722 performance-based units) to 45,455 restricted stock awards in Q1 2026 with no performance-based units (filed 2026-05-06 vs 2025-10-23)
- Item 2 note (3) updated to reflect $0.8 million repurchased under Repurchase Program in Q1 2026 versus $3.5 million in Q3 2025, and added disclosure that 'Repurchases are subject to the terms of the Company's 2024 Credit Facility, as amended, which limits aggregate share repurchases to $15 million' (filed 2026-05-06 vs 2025-10-23)
- Item 2 remaining authorized repurchase amount updated from $44.3 million at September 30, 2025 to $40.2 million at March 31, 2026 (filed 2026-05-06 vs 2025-10-23)
- Insider Trading Arrangements disclosure period changed from 'three months ended September 30, 2025' to 'three months ended March 31, 2026' (filed 2026-05-06 vs 2025-10-23)
- Notes:
- Comparison covers Item 1A (Risk Factors), Item 2 (Issuer Purchases), Item 5 (Other Information), and Item 6 (Exhibits) sections only
- The removal of Exhibit 4.1 and 4.2 appears to reflect exhibit table cleanup rather than substantive disclosure deletion
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for RBBN — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding RBBN as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 9,232,044
- Reported value $19,571,935
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 1 increased, 3 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
RBBN had 4,034,032 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
RBBN had 2.26% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 4.85 days to cover at the same settlement.
- Reported short interest (shares) 4,034,032
- Short interest (% of shares outstanding) 2.26%
- Prior settlement (shares) 4,161,563
- Reported change -3.06%
- Days to cover (reported) 4.85
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Cisco Systems (CSCO)
- Nokia (NOK)
- Juniper Networks (JNPR)
- Ciena (CIEN)
- ADTRAN (ADTN)
- Poly (HPQ)
- Avaya (AVYA)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does RIBBON COMMUNICATIONS INC (RBBN) do?
Ribbon Communications is a global provider of software and high-performance hardware for data and voice communications, serving service providers and enterprises. The company offers cloud-centric networking solutions that facilitate secure information exchange and high-bandwidth connectivity for industries including finance, government, and utilities. Its platform is increasingly focused on integrating voice capabilities into agentic AI and supporting the growth of fiber connectivity.
What sector is RIBBON COMMUNICATIONS INC (RBBN) in?
RIBBON COMMUNICATIONS INC (RBBN) is classified in the Information Technology sector. Its industry is Telecommunications Equipment. It trades on NASDAQ.
Who are RIBBON COMMUNICATIONS INC's (RBBN) competitors?
Notable peers of RIBBON COMMUNICATIONS INC (RBBN) include Cisco Systems, Nokia, Juniper Networks, Ciena and ADTRAN. This peer set is informational only — not financial advice.
Is RIBBON COMMUNICATIONS INC (RBBN) overbought or oversold right now?
RIBBON COMMUNICATIONS INC (RBBN) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 43, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on RBBN come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.