RIBBON COMMUNICATIONS INC stock forecast: up to 3.20 USD RBBN stock price prognosis

STOCK

Forecast for Wed 22 May 2024 price 3.20

RIBBON COMMUNICATIONS INC stock price forecast for further price development up to 4.53% (time horizon: 1 day) and price target of 3.20 USD. Short-term (time horizon: 2 weeks) RIBBON COMMUNICATIONS INC share price prediction for 2024-05-22 with daily closed price projections

Key Facts

Symbol RBBN 

ISIN US7625441040 

CUSIP 762544104


Currency USD


Category Services-Computer Integrated Systems Design

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 878,585,000.0


Earnings per share 0.57


On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Member2018-01-012018-12-310001708055rbbn:EdgewaterNetworksInc. Member2019-01-012019-12-310001708055rbbn:AnovaDataInc. Member2020-01-012020-12-310001708055rbbn:ECITelecomGroupLtd. We had previously operated in a single segment. Apollo is "self-aware" with intelligent reporting for efficient and SDN-ready operations. This on-line program allows anyone to nominate a co-worker for recognition. In 2020, we delivered approximately 12 training hours per employee across our workforce. We value the communities in which we work. More than 82% employees participated in our initial survey. These typical seasonal effects may vary. "Equipment purchases by CSPs and enterprises continue to be unpredictable. In addition, our customers may adapt to such changes at varying rates. Depending upon the component, there may or may not be alternative sources of substitutes. The actual cost savings of the ECI Acquisition could also be less than expected. We cannot provide assurance as to the effectiveness of those integrations. We recorded the reduction to the outstanding principal as a reduction to interest income. Both software and hardware are also sold on a standalone basis. Generally, contracts with customers contain multiple performance obligations. The software licenses typically provide a perpetual right to use our software. Service revenue includes revenue from customer support and other professional services. We offer warranties on our products. Assurance-type warranties do not represent separate performance obligations. Revenue is recorded proportionally as costs are incurred or as labor is expended. Costs to fulfill these obligations include internal labor as well as subcontractor costs. Loss Contingencies and Reserves. This change did not have a material impact on our consolidated financial statements. Lease agreements may include lease and non-lease components. The Ireland subsidiary\'s business model changed in 2020 to a limited risk distributor. The base rate and the LIBOR rate were each subject to a zero percent floor. These exposures are actively monitored by management. These loans expired and were paid in full at various dates in June and July 2020. We believe that our audits provide a reasonable basis for our opinion. Declines in fair value determined to be credit-related are charged to earnings. The Company\'s reporting units are its operating segments. The Company expenses all variable lease costs as incurred. Accordingly, the Company is required to recognize and record deferred taxes in 2020. The Company received 43,778 AVCT Units as sale consideration on the Kandy Sale Date. The GENBAND Restructuring Initiative was completed in 2019. The 2020 Revolving Credit Facility was undrawn at December 31, 2020. These grants are reported in the applicable tables below. Shares subject to the Performance PSUs that fail to be earned will be forfeited. Plan assets for the Netherlands plan totaled $0.6 million at December 31, 2019. The U.S. NOL carryforwards expire at various dates from 2021 through 2038. This resulted in the Company\'s maintaining a valuation allowance of $12.3 million. Accordingly, Ribbon recorded a stepped up basis in the assets. The Miller plaintiffs are seeking monetary damages. MR]GDNEOG:/EC;^;A;%4,@LH6RLN!KG\':)6;"$QAJ+/^O\\ HKFSRS3:3^)"P\'. M$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$! MX\'M=XO-W]LF])QA-GK*7_\\ ,K]?]O\\ RI6^O]W_ ]?[ R8XQ]*A7 M3F,\\QMO*93;E,5&]E::\'+8 VEO2AK+7=KKMOH82NE6S67 7]EI4X]T::HTTC@_6TG65WS

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1708055/000170805521000014/0001708055-21-000014.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 21.70/100
    • Good financial position.
    • Historical view, profit is not growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is above book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 45273
A - OSAIC HOLDINGS, INC. 2023-06-30 26343
PALISADE CAPITAL MANAGEMENT, LP 2022-12-31 70000
VOYA INVESTMENT MANAGEMENT LLC 2022-09-30 111617
MetLife Investment Management, LLC 2022-12-31 17761

Fund ownership list is based on filling form information

Fund name Date Amount Profile
iShares Trust 2023-11-30 235402 Long
SCHWAB STRATEGIC TRUST 2023-11-30 390118 Long
SCHWAB STRATEGIC TRUST 2023-11-30 48637 Long
Putnam Investment Funds 2023-11-30 1389900 Long
MORGAN STANLEY PATHWAY FUNDS 2023-11-30 219302 Long

Insider trading for RIBBON COMMUNICATIONS INC

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1805595 Swarth Investments Ltd. 2023-03-30 BUY Accept Accept Accept Accept
1967463 Redington Dan 2024-02-26 SALE Accept Reject Reject 0


Bollinger Bollinger Bands for RIBBON COMMUNICATIONS INC can provide the information where the market is moving based on price information.


RIBBON COMMUNICATIONS INC Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns RIBBON COMMUNICATIONS INC.


On-Balance Volume information for RIBBON COMMUNICATIONS INC. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for RIBBON COMMUNICATIONS INC. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for RIBBON COMMUNICATIONS INC. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for RIBBON COMMUNICATIONS INC. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for RIBBON COMMUNICATIONS INC. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for RIBBON COMMUNICATIONS INC. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for RIBBON COMMUNICATIONS INC. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

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RIBBON COMMUNICATIONS INC on Nasdaq

RIBBON COMMUNICATIONS INC on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-22 3.20 2024-03-27 13:17
2024-05-20 3.19 2024-03-27 13:17
2024-05-21 3.20 2024-03-27 13:17
2024-05-08 3.17 2024-03-27 13:17
2024-05-13 3.18 2024-03-27 13:17
2024-05-14 3.18 2024-03-27 13:17
2024-04-03 3.10 2024-03-27 13:17
2024-04-08 3.10 2024-03-27 13:17
2024-04-09 3.12 2024-03-27 13:17
2024-05-15 3.18 2024-03-27 13:17
2024-04-22 3.12 2024-03-27 13:17
2024-04-23 3.12 2024-03-27 13:17
2024-04-24 3.13 2024-03-27 13:17
2024-04-01 3.09 2024-03-27 13:17
2024-04-02 3.09 2024-03-27 13:17
2024-04-10 3.11 2024-03-27 13:17
2024-04-15 3.10 2024-03-27 13:17
2024-04-16 3.10 2024-03-27 13:17
2024-04-17 3.11 2024-03-27 13:17
2024-03-29 3.07 2024-03-27 13:17
2024-04-18 3.11 2024-03-27 13:17
2024-04-11 3.11 2024-03-27 13:17
2024-05-16 3.19 2024-03-27 13:17
2024-04-12 3.10 2024-03-27 13:17
2024-04-05 3.11 2024-03-27 13:17
2024-05-09 3.17 2024-03-27 13:17
2024-05-17 3.19 2024-03-27 13:17
2024-04-04 3.11 2024-03-27 13:17
2024-04-19 3.12 2024-03-27 13:17
2024-04-25 3.13 2024-03-27 13:17
2024-04-26 3.13 2024-03-27 13:17
2024-04-29 3.14 2024-03-27 13:17
2024-04-30 3.14 2024-03-27 13:17
2024-05-01 3.15 2024-03-27 13:17
2024-05-02 3.15 2024-03-27 13:17
2024-05-03 3.15 2024-03-27 13:17
2024-05-06 3.16 2024-03-27 13:17
2024-05-07 3.16 2024-03-27 13:17
2024-05-10 3.17 2024-03-27 13:17

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.