This paper reveals the stability, Hopf bifurcation and complex oscillations of a bidirectional memristive ringcoupled Hopfield neural network with a time delay. The delayindependent and delaydependent conditions for the stability of the trivial equilibrium of the system are given. Various dynamical phenomena are explored, such as different periodic orbits and chaotic attractors. The bifurcation diagram as the function of the time delay is given by using Poincaré section techniques. A circuit experiment is designed and the experimental results reach a good agreement with theoretical analysis and numerical simulations.