Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at RingCentral (NYSE: RNG) and its peers.

Work is becoming more distributed, both across geographies and devices. In order for businesses to keep functioning efficiently, they need to be able to communicate as well as they did when the teams were co-located, which drives the demand for integrated communication platforms.

The 4 video conferencing stocks we track reported a strong Q4. As a group, revenues beat analysts’ consensus estimates by 1.2% while next quarter’s revenue guidance was in line.

In light of this news, share prices of the companies have held steady as they are up 3.8% on average since the latest earnings results.

RingCentral (NYSE: RNG)

Built on its proprietary Message Video Phone (MVP) platform that unifies multiple communication methods, RingCentral (NYSE: RNG) provides AI-driven cloud communications and collaboration solutions that enable businesses to connect through voice, video, messaging, and contact center services.

RingCentral reported revenues of $644 million, up 4.8% year on year. This print was in line with analysts’ expectations, and overall, it was a strong quarter for the company with EPS guidance for next quarter exceeding analysts’ expectations and full-year EPS guidance beating analysts’ expectations.

“We delivered a solid fourth quarter that capped a strong year of execution, highlighted by record free cash flow and FCF per share. AI is proving to be a strong tailwind, with ARR from customers who utilize at least one of our monetized AI products more than doubling year over year and now approaching 10% of our overall ARR,” said Vlad Shmunis, founder and CEO of RingCentral.

RingCentral delivered the weakest performance against analyst estimates of the whole group. Interestingly, the stock is up 25.7% since reporting and currently trades at $36.95.

Is now the time to buy RingCentral? Access our full analysis of the earnings results here, it’s free.

Best Q4: 8x8 (NASDAQ: EGHT)

Named after its founding year (1987) with "8x8" representing binary code for communications, 8x8 (NASDAQ: EGHT) provides cloud-based contact center and unified communications solutions that enable businesses to manage customer interactions and internal communications through a single platform.

8x8 reported revenues of $185.1 million, up 3.4% year on year, outperforming analysts’ expectations by 2.9%. The business had a very strong quarter with an impressive beat of analysts’ EBITDA estimates and revenue guidance for next quarter topping analysts’ expectations.

8x8 scored the biggest analyst estimates beat and highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 7.3% since reporting. It currently trades at $1.78.

Is now the time to buy 8x8? Access our full analysis of the earnings results here, it’s free.

Weakest Q4: Zoom (NASDAQ: ZM)

Once the verb that defined remote work during the pandemic ("let's Zoom later"), Zoom (NASDAQ: ZM) provides a cloud-based platform for video meetings, phone calls, team chat, and collaboration tools that helps businesses and individuals connect virtually.

Zoom reported revenues of $1.25 billion, up 5.3% year on year, exceeding analysts’ expectations by 1.1%. Still, it was a mixed quarter as it posted full-year EPS guidance missing analysts’ expectations significantly.

As expected, the stock is down 2.4% since the results and currently trades at $83.40.

Read our full analysis of Zoom’s results here.

Five9 (NASDAQ: FIVN)

Taking its name from the "five nines" (99.999%) standard for optimal service reliability in telecommunications, Five9 (NASDAQ: FIVN) provides cloud-based software that enables businesses to run their contact centers with tools for customer service, sales, and marketing across multiple communication channels.

Five9 reported revenues of $300.3 million, up 7.8% year on year. This result topped analysts’ expectations by 0.7%. It was a strong quarter as it also logged a solid beat of analysts’ EBITDA estimates and EPS guidance for next quarter beating analysts’ expectations.

Five9 delivered the fastest revenue growth but had the weakest full-year guidance update among its peers. The stock is down 15.3% since reporting and currently trades at $14.56.

Read our full, actionable report on Five9 here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.