Rosenblatt cuts target for Ribbon Communications stock

Published on 10/06/2026 at 02:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue fell 13.00 percent to USD 192.34 million. The USD 304.0 million market value frames Ribbon Communications stock on October 5, 2026.

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Rosenblatt Securities cut its Ribbon Communications target from USD 3.50 to USD 2.20 on September 16, 2026, while maintaining a Neutral rating, according to MarketBeat. The change followed second-quarter revenue of USD 192.34 million, which exceeded consensus but fell 13.00 percent year over year.

Target cut meets earnings pressure

The revised target is USD 1.30 below Rosenblatt's previous objective, a 37.14 percent reduction calculated against USD 3.50. The rating stayed Neutral, putting the analyst action at odds with the broader consensus described in the same September coverage.

MarketBeat reported that six analysts carried four Buy ratings, one Hold and one Sell, with an average 12-month target of USD 3.30. That target is USD 1.10 above Rosenblatt's revised USD 2.20 objective.

Revenue beat but losses widened

Ribbon Communications generated USD 192.34 million in the second quarter of 2026, compared with USD 189.99 million consensus, a USD 2.35 million upside. The reported adjusted earnings per share loss was USD 0.03, versus a consensus loss of USD 0.01, according to MarketBeat.

The result creates a clear split in the quarter: revenue was USD 2.35 million above expectations, while adjusted earnings per share missed by USD 0.02. For investors, the revenue comparison matters because the year-over-year decline still points to weaker scale despite the modest consensus beat.

Nasdaq range and reporting date

Ribbon Communications had a market capitalization of USD 304.0 million on October 5, 2026. Its Nasdaq 52-week range was USD 1.55 to USD 4.09 on that date, placing the equity in the lower part of its annual span.

Yahoo Finance lists October 21, 2026, as Ribbon Communications' next earnings date. That report will give investors the next test of whether the second-quarter revenue decline is stabilizing.

Prior close sets the reference

The prior close at Lang & Schwarz was EUR 1.52 on October 2, 2026. The Lang & Schwarz page dated October 5, 2026, did not provide a valid current-session quote, so the dated prior close is the relevant euro reference for this article.