Home Enterprise holdings Vonage Holdings Corp. – Consensus indicates downside potential of -2.1%

Vonage Holdings Corp. – Consensus indicates downside potential of -2.1%

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Vonage Holdings Corp. with ticker code (VG) now have 10 total analysts covering the stock. The consensus rating is “Hold”. The range between the high target price and the low target price is between 24 and 12, with the middle target price at 20.4. Together with the stock’s previous close at 20.83, this indicates that there is a potential downside of -2.1%. The 50 day moving average is at 20.76 and the 200 moving average now moves to 16.31. The company has a market capitalization of $5,297 million. More information at: https://www.vonage.com

The potential market capitalization would be $5,187 million based on market consensus.

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Vonage Holdings Corp. primarily operates as a business-to-business cloud communications company in the United States, Canada, United Kingdom, 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 calls into their applications; and Vonage Contact Center, a cloud-based contact center solution. This segment also provides Vonage Business Communications, a proprietary cloud-native technology platform that provides integrated unified communications services; and Vonage Business Enterprise, a cloud-based platform for mid-market and enterprise customers that provides unified communications and collaboration services, including voice, data, video, mobile and of contact center. The Consumer segment provides home phone services through various service plans with basic features, including voicemail, call waiting, call forwarding, simulation, visual voicemail and extensions , as well as area code selection, virtual phone number, and web voicemail. In addition, the company provides purchased high-speed broadband Internet services and Vonage-enabled devices. Vonage Holdings Corp. was incorporated in 2000 and is headquartered in Holmdel, New Jersey.