Rosenblatt cuts target for Ribbon Communications stock to USD 2.20

Published on 10/07/2026 at 06:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 192.34 million, down 13.00 percent year over year. Six analysts set a USD 3.30 average target for Ribbon Communications stock.

RBBN, US7625441040, Illustration mit AI erstellt.

Ribbon Communications (ISIN US7625441040) stock is tied to Rosenblatt Securities' target cut from USD 3.50 to USD 2.20 on September 15, 2026, as Marketscreener reports. The move shifts attention from Ribbon's communications technology portfolio to execution and profitability.

Rosenblatt resets the target

The September 15, 2026 research update moved Rosenblatt's rating from Buy to Neutral and reduced the price target by USD 1.30, a 37.14 percent cut from USD 3.50. The same report places the revision against weaker visibility around voice modernization and the company's optical and IP businesses.

The downgrade contrasts with the broader analyst picture. MarketBeat says six analysts have a Moderate Buy consensus, with four Buy ratings, one Hold and one Sell, alongside a USD 3.30 average 12-month target.

Revenue fell in the second quarter

Ribbon reported USD 192.34 million of revenue in the second quarter of 2026, down 13.00 percent from the second quarter of 2025. MarketBeat reports that adjusted earnings per share were negative USD 0.03, missing the negative USD 0.01 consensus estimate by USD 0.02.

Standardized financial data show a GAAP net loss of USD 26.87 million in the second quarter of 2026, compared with a USD 34.49 million loss in the first quarter. That sequential improvement did not remove the pressure visible in the annual revenue comparison, which helps explain why target revisions remain central to the stock story.

Voice modernization remains the test

Ribbon's investor-relations page lists Cloud and Edge and IP Optical Networks as its core operating areas and identifies a September 9, 2026 release on its TNS collaboration. The release describes a hosted cloud solution using Ribbon's Application Server, Session Border Controller and Policy and Routing Server to help operators replace legacy voice infrastructure.

That commercial angle gives the target debate a measurable test: revenue must stabilize while new deployments convert into cash flow. Operating cash flow was negative USD 11.50 million in the second quarter of 2026, keeping execution and liquidity important alongside the analyst ratings.

Nasdaq context and euro reference

Finance data put Ribbon's Nasdaq market capitalization at USD 316.5 million on October 6, 2026, with a 52-week range of USD 1.55 to USD 4.09. The primary-exchange quote was last at USD 1.77 on October 6, 2026 at 4:00 p.m. EDT, separate from the German investor reference.

Lang & Schwarz shows a prior close of EUR 1.57 for October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Ribbon Communications stock.