<div id="readability-page-1"><p>03:00 PM EST, 02/11/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:</p><p>We trim our 12-month target price by $3 to $2.50, 17.9x our 2026 EPS estimate, a discount to its 10-year historical average multiple at 20.2x, reflecting our slower growth outlook. We lower our 2026 EPS estimate by $0.21 to $0.14 and set 2027's at $0.25. The company expressed caution regarding its 2026 outlook due to macroeconomic uncertainties, including shifts in investment priorities at U.S. service providers, sustainability of Indian capex intensity, and timing of U.S. federal spending and subsidy programs. Revenue for the fourth quarter of 2025 was below expectations, impacted by customer and project delays. These delays were tied to implementation slowdowns and budget availability issues, pushing revenue recognition to future quarters rather than lost business entirely. There was mention of restructuring at major customers (e.g., Verizon) and within Ribbon itself, leading to delays and near-term impacts on business velocity and expense reductions.</p> <p>MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</p></div>

RBBN

<p>CFRA 已将 Ribbon Communications Inc.的评级从买入下调至持有，并将 12 个月目标价下调至 2.50 美元，原因是增长前景放缓。2026 年的每股收益（EPS）预估下调 0.21 美元至 0.14 美元，2027 年的预估为 0.25 美元。该公司面临宏观经济不确定性，这些因素影响了其前景，包括投资转移和项目延迟，这些都对 2025 年第四季度的收入产生了影响。主要客户和 Ribbon 内部的重组也导致了延迟和业务速度的降低</p>

研究警报：CFRA 将 Ribbon Communications Inc.的评级从买入下调至持有