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RingCentral boosts growth with AI-driven contact center solutions and new partnerships, shares seen as undervalued.

Analyst Insights
11 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

RingCentral is shifting from a legacy provider to a leader in AI-driven contact center solutions, driving strong growth with new AI products. Its Q1 revenue rose 5.2% year-over-year, supported by margin expansion and partnerships with Cox Business and Spectrum Business. The company’s total addressable market is expanding to $150 billion, fueled by robust R&D and product innovation. Despite competitive risks, RingCentral trades at a valuation under 10 times its projected 2026 free cash flow, making it an attractive buy with potential for further gains as AI adoption grows.

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