• RingCentral, Inc. has appointed Mahmoud ElAssir, Chief Technology Officer at UnitedHealth Group and a veteran AI and cloud infrastructure leader, to its Board of Directors effective January 7, 2026.
• His background in running AI-native, real-time customer engagement platforms at very large scale aligns closely with RingCentral’s focus on AI-powered communications and cloud modernization.
• We’ll now examine how adding an AI and cloud infrastructure expert to the Board could influence RingCentral’s existing investment narrative.

Find companies with promising cash flow potential yet trading below their fair value.

RingCentral Investment Narrative Recap

To own RingCentral, you need to believe its AI-first cloud communications and contact center products can win customers despite intense suite-based competition and dependency on key partners. The appointment of Mahmoud ElAssir adds deep AI and large-scale infrastructure expertise at the Board level, but it does not materially change that the short term story still hinges on execution in AI products and managing the risk that bundled platforms like Microsoft Teams and Zoom erode demand for RingCentral’s offerings.

The most relevant recent announcement alongside this Board addition is RingCentral’s continued expansion of AI-powered offerings such as RingCX, RingSense, and AIR, which are central to its growth story. ElAssir’s background in running AI-native, real-time customer engagement platforms at huge scale is closely aligned with these initiatives, and his oversight could help RingCentral sharpen product decisions and technical priorities as it tries to convert AI investment into adoption and sustained traction, particularly in complex enterprise environments.

Yet investors should be aware that if large enterprises keep consolidating onto bundled suites instead of best of breed communications platforms, RingCentral could face...

RingCentral’s narrative projects $2.8 billion revenue and $219.0 million earnings by 2028. This requires 5.0% yearly revenue growth and a $231.2 million earnings increase from -$12.2 million today.

Uncover how RingCentral's forecasts yield a $33.24 fair value, a 11% upside to its current price.

Exploring Other Perspectives

Four members of the Simply Wall St Community currently estimate RingCentral’s fair value between US$33.24 and US$106.80, highlighting how far apart individual views can be. You should weigh those perspectives against the risk that bundled productivity suites could still undercut demand for RingCentral’s standalone products and consider how different outcomes on that front might influence the company’s longer term performance.

Explore 4 other fair value estimates on RingCentral - why the stock might be worth just $33.24!

Build Your Own RingCentral Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your RingCentral research is our analysis highlighting 4 key rewards and 3 important warning signs that could impact your investment decision.
• Our free RingCentral research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate RingCentral's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.