Vonage Holdings Corp. found using ticker (VG) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 21 and 14.5 and has a mean target at 19.7. Now with the previous closing price of 20.99 this would indicate that there is a downside of -6.1%. The 50 day MA is 18.83 and the 200 moving average now moves to 19.48. The market capitalisation for the company is $5,386m. Find out more information at: https://www.vonage.com
The potential market cap would be $5,055m based on the market concensus.
Vonage Holdings Corp. primarily operates as a 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 boomerang and extensions, as well as area code selection, virtual phone numbers, and Web-enabled voicemail. The company also offers procured high-speed broadband Internet services that allows calls over the Internet from a standard telephone through a Vonage-enabled devices, soft phone software, and mobile client applications. Vonage Holdings Corp. was incorporated in 2000 and is headquartered in Holmdel, New Jersey. As of July 21, 2022, Vonage Holdings Corp. operates as a subsidiary of Telefonaktiebolaget LM Ericsson (publ).
