MSFT
Microsoft Corporation
MSFT has the edge over RNG overall, supported by lower modeled downside and stronger valuation.
RNG
RingCentral, Inc.
RNG offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
RNG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Stable |
RNG's profitability and cash flow are currently healthy, and its revenue and balance sheet are stable.
MSFT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 25x | $523 | — |
| Cheap | 27x | $525 | +0.4% |
| Current | 27x | $523 | — |
| Fair | 34x | $652 | +25% |
| Expensive | 37x | $711 | +36% |
Historical ranges are pointers, not guarantees.
MSFT's PE is in its cheap range at 27x. If earnings grow as analysts expect, today's price would be 25x next year's earnings.
RNG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 10x | $75.89 | — |
| Forward | 14x | $75.89 | — |
| Cheap | 43x | $328 | +332% |
| Fair | 65x | $491 | +547% |
| Expensive | 182x | $1,375 | +1712% |
Historical ranges are pointers, not guarantees.
RNG has the edge over MSFT in the historical PE scenario, which offers more potential upside but is not a forecast.
MSFT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for MSFT, with profitability holding steady.
RNG Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for RNG, with profitability improving.
MSFT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $20.79 | +8.6% |
| Q3 2026 | $19.15 | +36% |
| Q2 2026 | $17.95 | +32% |
| Q1 2026 | $16.80 | +30% |
| Q4 2025 | $15.99 | +29% |
| Q3 2025 | $14.06 | +16% |
| Q2 2025 | $13.64 | +16% |
| Q1 2025 | $12.93 | +12% |
| Q4 2024 | $12.41 | +12% |
MSFT's earnings per share have climbed steadily: $19.15 over the past year, up 36% from the year before, and higher year over year for 14 quarters in a row.
RNG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.41 | -28% |
| Q3 2026 | $7.56 | +4940% |
| Q2 2026 | $1.25 | +$1.38 |
| Q1 2026 | $0.94 | +$1.37 |
| Q4 2025 | $0.48 | +$1.11 |
| Q3 2025 | $0.15 | +$1.20 |
| Q2 2025 | -$0.13 | +$1.28 |
| Q1 2025 | -$0.43 | +$1.05 |
| Q4 2024 | -$0.63 | +$1.11 |
RNG's earnings per share have climbed steadily: $7.56 over the past year, more than ten times what it earned the year before, and higher year over year for 13 quarters in a row.
MSFT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $92.3B | +19% |
| Q2 2026 | $90B | +18% |
| Q1 2026 | $82.9B | +18% |
| Q4 2025 | $81.3B | +17% |
| Q3 2025 | $77.7B | +18% |
| Q2 2025 | $76.4B | +18% |
| Q1 2025 | $70.1B | +13% |
| Q4 2024 | $69.6B | +12% |
MSFT has the edge over RNG on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 50% | +0.9 points |
| Q2 2026 | 45% | +0.2 points |
| Q1 2026 | 46% | +0.7 points |
| Q4 2025 | 47% | +1.6 points |
| Q3 2025 | 49% | +2.3 points |
| Q2 2025 | 45% | +1.8 points |
| Q1 2025 | 46% | +1.1 points |
| Q4 2024 | 45% | +1.9 points |
MSFT has the edge over RNG on profitability, with a higher operating margin.
RNG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $676M | +5.9% |
| Q2 2026 | $657M | +5.9% |
| Q1 2026 | $644.2M | +5.3% |
| Q4 2025 | $644M | +4.8% |
| Q3 2025 | $638.7M | +4.9% |
| Q2 2025 | $620.4M | +4.6% |
| Q1 2025 | $612.1M | +4.8% |
| Q4 2024 | $614.5M | +7.6% |
RNG's revenue has grown year over year every quarter since late 2020: $676M last quarter, up 5.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8% | +3.1 points |
| Q2 2026 | 7.7% | +1.7 points |
| Q1 2026 | 7.8% | +6.1 points |
| Q4 2025 | 6.6% | +4 points |
| Q3 2025 | 4.8% | +4.3 points |
| Q2 2025 | 6% | +6.9 points |
| Q1 2025 | 1.7% | +3.6 points |
| Q4 2024 | 2.5% | +10 points |
RNG's operating margin was 8% last quarter, up 3.1 points from the same quarter a year ago, near the top of its range since 2019.
MSFT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.6B | -27% |
| Q2 2026 | $19.6B | -23% |
| Q1 2026 | $15.8B | -22% |
| Q4 2025 | $5.9B | -9.3% |
| Q3 2025 | $25.7B | +33% |
| Q2 2025 | $25.6B | +9.6% |
| Q1 2025 | $20.3B | -3.2% |
| Q4 2024 | $6.5B | -29% |
MSFT's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% from the year before.
RNG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $172.9M | +20% |
| Q2 2026 | $195.8M | +24% |
| Q1 2026 | $157.5M | +9.3% |
| Q4 2025 | $141M | +11% |
| Q3 2025 | $143.8M | +20% |
| Q2 2025 | $158.5M | +30% |
| Q1 2025 | $144.1M | +60% |
| Q4 2024 | $126.5M | +17% |
RNG has the edge over MSFT on cash flow, with more consistent year-over-year improvement.
MSFT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -7M shares |
| 1 year | -0.3% | -20M shares |
| 3 years | -0.2% | -16M shares |
| 5 years | -1.6% | -121M shares |
| Available history | -3.2% | -245M shares |
MSFT has 7.4B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.4B |
| Q2 2026 | $4.6B |
| Q1 2026 | $4.6B |
| Q4 2025 | $7.4B |
| Q3 2025 | $5.7B |
| Q2 2025 | $4.5B |
| Q1 2025 | $4.8B |
| Q4 2024 | $5B |
MSFT spent $21B buying back its own shares over the past year, up 5.2% from the year before.
RNG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.2% | +1.1M shares |
| 1 year | -4.7% | -4.3M shares |
| 3 years | -7.3% | -6.9M shares |
| 5 years | -4.5% | -4.1M shares |
| Available history | +5.5% | +4.6M shares |
RNG has the edge over MSFT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $18M |
| Q2 2026 | $93.7M |
| Q1 2026 | $81.3M |
| Q4 2025 | $135.4M |
| Q3 2025 | $117.2M |
| Q2 2025 | $31.8M |
| Q1 2025 | $50M |
| Q4 2024 | $77.4M |
RNG spent $328M buying back its own shares over the past year, up 19% from the year before.
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT has the edge over RNG on leverage, with a lower net debt burden relative to earnings.
RNG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.1x | Moderate |
| Q2 2026 | 2.5x | Moderate |
| Q1 2026 | 2.8x | Moderate |
| Q4 2025 | 3.3x | Elevated |
| Q3 2025 | 3.5x | Elevated |
| Q2 2025 | 3.8x | Elevated |
| Q1 2025 | 4.9x | High |
| Q4 2024 | 5.7x | High |
RNG's net debt is about 2.1 years of its operating earnings (EBITDA), down from 3.5 years a year ago.
MSFT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 68.0 | Neutral |
MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).
RNG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.9 | Neutral |
| Stochastic | 47.8 | Neutral |
RNG's weekly RSI is 63 (neutral) and its Stochastic is 48 (neutral).
MSFT PE vs Technology Sector
| Metric | MSFT | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 2% below |
| PE % | 16 | 35 | 19 pts below |
MSFT is trading at 27x earnings, in line with the Technology sector's median of 28x.
RNG PE vs Technology Sector
| Metric | RNG | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 28x | 64% below |
| PE % | 2 | 35 | 33 pts below |
RNG has the edge over MSFT on valuation relative to its sector.
MSFT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $524.7 | 0.3% below |
| 20 week MA | $484.8 | 7.9% above |
| 50 week MA | $446.9 | 17% above |
| 100 week MA | $453.8 | 15% above |
| 200 week MA | $411.5 | 27% above |
MSFT's trend is up, with a small recent dip: it's below only its 8-week average, and 27% above its 200-week average.
RNG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $77.7 | 2.4% below |
| 20 week MA | $66.4 | 14% above |
| 50 week MA | $47.9 | 59% above |
| 100 week MA | $38.4 | 98% above |
| 200 week MA | $35.6 | 113% above |
RNG's trend is up, with a small recent dip: it's below only its 8-week average, and 113% above its 200-week average.
MSFT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $159.0 | $222.8 | +40% |
| 2021 | $222.8 | $334.7 | +50% |
| 2022 | $334.7 | $238.7 | -29% |
| 2023 | $238.7 | $376.0 | +58% |
| 2024 | $376.0 | $430.5 | +14% |
| 2025 | $430.5 | $487.7 | +13% |
| 2026 YTD | $487.7 | $523.0 | +7.2% |
MSFT has finished higher in five of the last six years, two of them by more than 50%. It's up 7.2% so far in 2026.
RNG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $169.0 | $398.5 | +136% |
| 2021 | $398.5 | $192.5 | -52% |
| 2022 | $192.5 | $33.7 | -83% |
| 2023 | $33.7 | $34.0 | +0.9% |
| 2024 | $34.0 | $36.1 | +6.4% |
| 2025 | $36.1 | $29.6 | -18% |
| 2026 YTD | $29.6 | $75.9 | +157% |
RNG has the edge over MSFT on returns for 2026, with the stronger performance.