(RBBN) Ribbon Communications - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US7625441040

Stock: Session Border Controllers, Media Gateways, Optical Transport, 5G Core

Total Rating 11
Risk 38
Buy Signal -1.13

EPS (Earnings per Share)

EPS (Earnings per Share) of RBBN over the last years for every Quarter: "2020-12": 0.18, "2021-03": 0.03, "2021-06": 0.17, "2021-09": 0.11, "2021-12": 0.01, "2022-03": -0.08, "2022-06": 0.06, "2022-09": 0.02, "2022-12": 0.09, "2023-03": -0.02, "2023-06": 0.04, "2023-09": 0.05, "2023-12": 0.12, "2024-03": -0.01, "2024-06": 0.05, "2024-09": 0.05, "2024-12": 0.16, "2025-03": -0.03, "2025-06": 0.05, "2025-09": 0.04, "2025-12": 0,

Revenue

Revenue of RBBN over the last years for every Quarter: 2020-12: 244.202, 2021-03: 192.772, 2021-06: 211.21, 2021-09: 210.398, 2021-12: 230.577, 2022-03: 173.198, 2022-06: 205.796, 2022-09: 207.127, 2022-12: 233.639, 2023-03: 186.159, 2023-06: 210.618, 2023-09: 203.161, 2023-12: 226.401, 2024-03: 179.664, 2024-06: 192.62, 2024-09: 210.238, 2024-12: 251.359, 2025-03: 181.279, 2025-06: 220.583, 2025-09: 215.371, 2025-12: null,
Risk 5d forecast
Volatility 58.7%
Relative Tail Risk -19.7%
Reward TTM
Sharpe Ratio -1.05
Alpha -72.89
Character TTM
Beta 1.339
Beta Downside 1.510
Drawdowns 3y
Max DD 61.87%
CAGR/Max DD -0.29

Description: RBBN Ribbon Communications December 25, 2025

Ribbon Communications (NASDAQ:RBBN) delivers communications-technology solutions across North America, Europe, the Middle East, Africa, and the Asia-Pacific, operating through two primary segments: Cloud & Edge and IP Optical Networks.

The Cloud & Edge segment supplies software and hardware for VoIP, VoLTE, and Vo5G, as well as unified communications, session border controllers, and network-transformation tools that run on private, public, hybrid clouds, data-center, enterprise, and service-provider environments.

The IP Optical Networks segment focuses on routing, switching, and optical-transport hardware and software that underpin 5G-native mobile back-haul, metro-edge aggregation, core networking, and data-center interconnect for carriers, utilities, government, defense, finance, transportation, and research institutions.

Key recent metrics: FY 2023 revenue of roughly $1.3 billion, an adjusted EBITDA margin near 10 %, and a cash balance of about $300 million-figures that reflect ongoing 5G rollout spending, the shift toward virtualized network functions, and heightened capex in edge-computing infrastructure. The broader communications-equipment sector is being driven by carrier upgrades to 5G, increasing demand for cloud-native solutions, and macro-level telecom-capex growth projected at 5-6 % annually through 2027.

For a deeper quantitative view of Ribbon’s valuation metrics, you might explore the company’s profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: -43.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA 5.58 > 1.0
NWC/Revenue: 14.57% < 20% (prev 15.26%; Δ -0.69% < -1%)
CFO/TA 0.08 > 3% & CFO 83.9m > Net Income -43.1m
Net Debt (333.4m) to EBITDA (70.1m): 4.76 < 3
Current Ratio: 1.43 > 1.5 & < 3
Outstanding Shares: last quarter (176.4m) vs 12m ago 1.00% < -2%
Gross Margin: 50.62% > 18% (prev 0.50%; Δ 5013 % > 0.5%)
Asset Turnover: 78.25% > 50% (prev 72.56%; Δ 5.69% > 0%)
Interest Coverage Ratio: 0.20 > 6 (EBITDA TTM 70.1m / Interest Expense TTM 45.8m)

Altman Z'' -6.26

A: 0.11 (Total Current Assets 418.4m - Total Current Liabilities 291.9m) / Total Assets 1.11b
B: -1.47 (Retained Earnings -1.62b / Total Assets 1.11b)
C: 0.01 (EBIT TTM 8.96m / Avg Total Assets 1.11b)
D: -2.17 (Book Value of Equity -1.62b / Total Liabilities 745.2m)
Altman-Z'' Score: -6.26 = D

Beneish M -3.30

DSRI: 0.82 (Receivables 218.3m/249.2m, Revenue 868.6m/808.9m)
GMI: 0.98 (GM 50.62% / 49.58%)
AQI: 0.93 (AQ_t 0.52 / AQ_t-1 0.55)
SGI: 1.07 (Revenue 868.6m / 808.9m)
TATA: -0.11 (NI -43.1m - CFO 83.9m) / TA 1.11b)
Beneish M-Score: -3.30 (Cap -4..+1) = AA

What is the price of RBBN shares?

As of February 07, 2026, the stock is trading at USD 1.96 with a total of 6,535,203 shares traded.
Over the past week, the price has changed by -25.19%, over one month by -30.74%, over three months by -37.97% and over the past year by -53.22%.

Is RBBN a buy, sell or hold?

Ribbon Communications has received a consensus analysts rating of 4.80. Therefore, it is recommended to buy RBBN.
  • StrongBuy: 4
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the RBBN price?

Issuer Target Up/Down from current
Wallstreet Target Price 5.8 193.4%
Analysts Target Price 5.8 193.4%
ValueRay Target Price 2.5 29.6%

RBBN Fundamental Data Overview February 04, 2026

P/S = 0.5627
P/B = 1.2851
Revenue TTM = 868.6m USD
EBIT TTM = 8.96m USD
EBITDA TTM = 70.1m USD
Long Term Debt = 326.1m USD (from longTermDebt, last quarter)
Short Term Debt = 20.4m USD (from shortTermDebt, last quarter)
Debt = 408.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 333.4m USD (from netDebt column, last quarter)
Enterprise Value = 822.2m USD (488.7m + Debt 408.2m - CCE 74.8m)
Interest Coverage Ratio = 0.20 (Ebit TTM 8.96m / Interest Expense TTM 45.8m)
EV/FCF = 15.64x (Enterprise Value 822.2m / FCF TTM 52.6m)
FCF Yield = 6.40% (FCF TTM 52.6m / Enterprise Value 822.2m)
FCF Margin = 6.05% (FCF TTM 52.6m / Revenue TTM 868.6m)
Net Margin = -4.96% (Net Income TTM -43.1m / Revenue TTM 868.6m)
Gross Margin = 50.62% ((Revenue TTM 868.6m - Cost of Revenue TTM 428.9m) / Revenue TTM)
Gross Margin QoQ = 50.13% (prev 49.55%)
Tobins Q-Ratio = 0.74 (Enterprise Value 822.2m / Total Assets 1.11b)
Interest Expense / Debt = 2.84% (Interest Expense 11.6m / Debt 408.2m)
Taxrate = 21.0% (US default 21%)
NOPAT = 7.08m (EBIT 8.96m * (1 - 21.00%))
Current Ratio = 1.43 (Total Current Assets 418.4m / Total Current Liabilities 291.9m)
Debt / Equity = 1.13 (Debt 408.2m / totalStockholderEquity, last quarter 360.1m)
Debt / EBITDA = 4.76 (Net Debt 333.4m / EBITDA 70.1m)
Debt / FCF = 6.34 (Net Debt 333.4m / FCF TTM 52.6m)
Total Stockholder Equity = 379.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.88% (Net Income -43.1m / Total Assets 1.11b)
RoE = -11.36% (Net Income TTM -43.1m / Total Stockholder Equity 379.2m)
RoCE = 1.27% (EBIT 8.96m / Capital Employed (Equity 379.2m + L.T.Debt 326.1m))
RoIC = 0.99% (NOPAT 7.08m / Invested Capital 715.4m)
WACC = 6.93% (E(488.7m)/V(897.0m) * Re(10.85%) + D(408.2m)/V(897.0m) * Rd(2.84%) * (1-Tc(0.21)))
Discount Rate = 10.85% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.97%
[DCF Debug] Terminal Value 75.36% ; FCFF base≈52.6m ; Y1≈34.5m ; Y5≈15.7m
Fair Price DCF = 0.27 (EV 381.3m - Net Debt 333.4m = Equity 47.8m / Shares 176.6m; r=6.93% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 16.38 | EPS CAGR: 112.9% | SUE: -4.0 | # QB: 0
Revenue Correlation: 10.26 | Revenue CAGR: -1.80% | SUE: -0.53 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.01 | Chg30d=-0.021 | Revisions Net=-1 | Analysts=5
EPS next Year (2026-12-31): EPS=0.27 | Chg30d=-0.063 | Revisions Net=-2 | Growth EPS=+57.7% | Growth Revenue=+5.7%

Additional Sources for RBBN Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle