JMP Keeps Market Outperform for Ribbon Communications (RBBN) After Strong Q2

Ribbon Communications Inc. (NASDAQ:RBBN) is one of the 14 Best Technology Penny Stocks to Buy According to Analysts. On July 24, JMP Securities reiterated its Market Outperform rating for Ribbon Communications Inc. (NASDAQ:RBBN) with a price target of $6.00.

This decision came after Ribbon Communications Inc. (NASDAQ:RBBN) reported strong results for the second quarter of 2025.

The company generated $221 million in revenue in the second quarter, up 15% year-over-year and beating the consensus estimate of $213.4 million. Ribbon Communications Inc.’s (NASDAQ:RBBN) adjusted EBITDA reached $32 million, an increase of 47% compared to the same period last year and exceeding the consensus forecast of $29.7 million.

JMP analyst Trevor Walsh pointed out that Ribbon Communications Inc. (NASDAQ:RBBN) expects the fourth quarter to be the strongest of the year. This suggests that the company is “in an up cycle and gaining momentum” during “a multiyear investment period to modernize communication networks.”

Ribbon Communications Inc. (NASDAQ:RBBN) is a technology company that provides communications software, IP, and optical networking solutions to service providers, enterprises, and critical infrastructure sectors.

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Disclosure: None. This article is originally published at Insider Monkey.