Ribbon Communications Inc. (NASDAQ: RBBN), a notable player in the technology sector, specializes in providing cutting-edge communications technology solutions. With a market cap of $348.85 million, the company is primarily engaged in the software application industry, offering an array of products for both cloud and edge computing as well as IP optical networks. Despite recent challenges, Ribbon Communications presents a compelling story for investors, underpinned by a potential upside of 85.28% as indicated by analyst ratings.

Currently, Ribbon Communications is trading at $1.97, near the lower end of its 52-week range of $1.96 to $5.14. This significant price depreciation could be attributed to various factors, including a…