Vonage Holdings Corp. found using ticker (VG) now have 10 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 24 and 12 and has a mean target at 20.4. Given that the stocks previous close was at 20.81 this would imply there is a potential downside of -2.0%. There is a 50 day moving average of 20.51 while the 200 day moving average is 16.12. The company has a market cap of $5,292m. Visit the company website at: https://www.vonage.com
The potential market cap would be $5,187m based on the market concensus.
Vonage Holdings Corp. primarily operates as a business-to-business cloud communications company in the United States, Canada, the United Kingdom, the European Union, and Asia. It operates in two segments, Vonage Communications Platform and Consumer. The Vonage Communications Platform segment offers programmable, embeddable, and customizable application program interfaces that enable software developers to build communications capabilities, such as messaging and voice calling within their applications; and Vonage Contact Center, a cloud contact center solution. This segment also provides Vonage Business Communications, a cloud-native proprietary technology platform that delivers integrated unified communication services; and Vonage Business Enterprise, a cloud based platform for mid-market and enterprise customers that provides unified communication and collaboration services, including voice, data, video, mobile, and contact center services. The Consumer segment provides home telephone services through various service plans with basic features, including voicemail, call waiting, call forwarding, simulring, visual voicemail, and extensions, as well as area code selection, virtual phone number, and Web-enabled voicemail. In addition, the company provides procured high-speed broadband Internet services and Vonage-enabled devices. Vonage Holdings Corp. was incorporated in 2000 and is headquartered in Holmdel, New Jersey.