8x8 (EGHT) Stock Forecast, Price Target & Predictions
EGHT Stock Forecast
8x8 stock forecast is as follows: an average price target of $19.78 (represents a 596.48% upside from EGHT’s last price of $2.84) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
EGHT Price Target
EGHT Analyst Ratings
Buy
8x8 Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Nov 05, 2024 | William Power | Robert W. Baird | $3.00 | $2.86 | 4.90% | 5.63% |
Nov 05, 2024 | Ryan MacWilliams | Barclays | $2.50 | $2.75 | -9.09% | -11.97% |
Oct 28, 2024 | Catharine Trebnick | Rosenblatt Securities | $3.50 | $2.03 | 72.41% | 23.24% |
Jun 14, 2024 | Meta Marshall | Morgan Stanley | $2.00 | $2.31 | -13.61% | -29.58% |
May 13, 2022 | Michael Turrin | Wells Fargo | $8.00 | $8.20 | -2.38% | 181.69% |
Apr 28, 2022 | Ryan MacWilliams | Barclays | $10.00 | $9.68 | 3.31% | 252.11% |
Jan 24, 2022 | Ryan MacWilliams | Barclays | $17.00 | $16.23 | 4.74% | 498.59% |
Aug 05, 2021 | Nikolay Beliov | Goldman Sachs | $30.00 | $25.57 | 17.32% | 956.34% |
May 12, 2021 | Peter Levine | Evercore ISI | $46.00 | $24.34 | 88.99% | 1519.72% |
May 11, 2021 | Michael Latimore | Northland Securities | $33.00 | $25.19 | 31.00% | 1061.97% |
10
8x8 Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 3 | 3 | 4 |
Avg Price Target | $3.00 | $3.00 | $2.75 |
Last Closing Price | $2.84 | $2.84 | $2.84 |
Upside/Downside | 5.63% | 5.63% | -3.17% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Nov 05, 2024 | Barclays | Sell | Sell | Hold |
Oct 24, 2024 | Rosenblatt Securities | Buy | Buy | Hold |
Aug 09, 2024 | Wells Fargo | Buy | Buy | Hold |
Jun 21, 2024 | Wells Fargo | Buy | Buy | Hold |
Jun 21, 2024 | Needham | Underperform | Underperform | Hold |
Jun 14, 2024 | Morgan Stanley | Underperform | Underweight | Downgrade |
May 20, 2024 | Needham | Buy | Buy | Hold |
May 20, 2024 | Morgan Stanley | Underperform | Underperform | Hold |
Mar 18, 2024 | Rosenblatt Securities | Buy | Buy | Hold |
Jan 18, 2024 | Needham | Buy | Buy | Hold |
10
8x8 Financial Forecast
8x8 Revenue Forecast
Quarter
Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $181.01M | $185.00M | $183.29M | $184.53M | $184.40M | $187.39M | $187.62M | $181.37M | $156.87M | $151.56M | $148.33M | $144.72M | $136.69M | $129.13M | $121.81M | $121.48M | $118.57M |
Avg Forecast | $184.80M | $181.50M | $178.20M | $177.90M | $184.80M | $183.75M | $183.00M | $180.80M | $181.66M | $179.26M | $178.31M | $178.40M | $178.85M | $182.59M | $183.64M | $187.09M | $185.53M | $186.13M | $186.55M | $186.76M | $181.55M | $153.98M | $148.29M | $142.97M | $140.03M | $132.82M | $126.04M | $120.65M | $119.33M | $114.10M |
High Forecast | $186.35M | $183.03M | $179.70M | $179.40M | $186.35M | $185.29M | $184.54M | $182.32M | $183.64M | $179.77M | $178.35M | $178.65M | $178.85M | $184.02M | $185.07M | $188.67M | $187.09M | $187.69M | $186.55M | $186.76M | $181.55M | $153.98M | $148.29M | $142.97M | $140.03M | $132.82M | $126.04M | $120.65M | $119.33M | $114.10M |
Low Forecast | $183.10M | $179.83M | $176.56M | $176.27M | $183.10M | $182.06M | $181.32M | $179.14M | $180.15M | $178.65M | $178.28M | $178.15M | $178.85M | $181.65M | $180.69M | $185.37M | $183.83M | $184.42M | $186.55M | $186.76M | $181.55M | $153.98M | $148.29M | $142.97M | $140.03M | $132.82M | $126.04M | $120.65M | $119.33M | $114.10M |
# Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 1 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 16 | 8 | 11 | 7 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.01% | 0.98% | 0.99% | 0.99% | 1.00% | 1.00% | 1.00% | 1.02% | 1.02% | 1.04% | 1.03% | 1.03% | 1.02% | 1.01% | 1.02% | 1.04% |
Forecast
8x8 EBITDA Forecast
Quarter
Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 1 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 16 | 8 | 11 | 7 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-9.39M | $-2.58M | $-1.41M | $15.41M | $-5.51M | $-11.38M | $-12.53M | $-26.07M | $-32.43M | $-30.51M | $-32.20M | $-33.88M | $-28.42M | $-26.91M | $-30.42M | $-38.94M | $-37.25M |
Avg Forecast | $-20.88M | $-20.51M | $-20.13M | $-20.10M | $-20.88M | $-20.76M | $-20.68M | $-20.43M | $-20.52M | $-20.25M | $-20.15M | $-20.16M | $-1.71B | $-20.63M | $-20.75M | $-21.14M | $-1.55B | $-39.24M | $-22.42M | $-11.41M | $-21.82M | $-18.51M | $-17.82M | $-17.18M | $-1.23B | $-15.96M | $-15.15M | $-14.50M | $-44.50M | $-13.71M |
High Forecast | $-20.69M | $-20.32M | $-19.95M | $-19.91M | $-20.69M | $-20.57M | $-20.49M | $-20.24M | $-20.35M | $-20.18M | $-20.14M | $-20.13M | $-1.37B | $-20.52M | $-20.41M | $-20.94M | $-1.24B | $-31.40M | $-22.42M | $-9.13M | $-21.82M | $-18.51M | $-17.82M | $-17.18M | $-981.34M | $-15.96M | $-15.15M | $-14.50M | $-35.60M | $-13.71M |
Low Forecast | $-21.05M | $-20.68M | $-20.30M | $-20.27M | $-21.05M | $-20.93M | $-20.85M | $-20.60M | $-20.75M | $-20.31M | $-20.15M | $-20.18M | $-2.05B | $-20.79M | $-20.91M | $-21.32M | $-1.86B | $-47.09M | $-22.42M | $-13.69M | $-21.82M | $-18.51M | $-17.82M | $-17.18M | $-1.47B | $-15.96M | $-15.15M | $-14.50M | $-53.40M | $-13.71M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.46% | 0.12% | 0.07% | -0.01% | 0.14% | 0.51% | 1.10% | 1.19% | 1.75% | 1.71% | 1.87% | 0.03% | 1.78% | 1.78% | 2.10% | 0.88% | 2.72% |
Forecast
8x8 Net Income Forecast
Quarter
Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 1 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 16 | 8 | 11 | 7 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-21.22M | $-7.45M | $-15.33M | $-9.43M | $-26.03M | $-11.64M | $-26.04M | $-45.58M | $-43.57M | $-42.32M | $-43.91M | $-45.03M | $-40.23M | $-38.41M | $-41.91M | $-50.10M | $-47.07M |
Avg Forecast | $15.51M | $14.22M | $11.63M | $11.63M | $13.41M | $13.89M | $14.79M | $14.07M | $9.87M | $11.16M | $10.34M | $11.38M | $-2.27B | $13.86M | $11.26M | $16.16M | $-2.06B | $-52.72M | $4.22M | $-26.04M | $455.99K | $1.86M | $886.40K | $504.75K | $-1.63B | $-3.71M | $-9.04M | $-15.51M | $-57.26M | $-21.59M |
High Forecast | $15.68M | $14.37M | $11.76M | $11.76M | $13.56M | $14.05M | $14.95M | $14.23M | $9.98M | $12.56M | $10.40M | $11.51M | $-1.82B | $15.25M | $14.07M | $16.34M | $-1.65B | $-42.18M | $4.22M | $-20.83M | $455.99K | $1.86M | $886.40K | $504.75K | $-1.30B | $-3.71M | $-9.04M | $-15.51M | $-45.81M | $-21.59M |
Low Forecast | $15.33M | $14.05M | $11.49M | $11.49M | $13.25M | $13.73M | $14.61M | $13.91M | $8.64M | $11.03M | $10.28M | $11.25M | $-2.72B | $11.09M | $8.44M | $15.97M | $-2.48B | $-63.27M | $4.22M | $-31.25M | $455.99K | $1.86M | $886.40K | $504.75K | $-1.96B | $-3.71M | $-9.04M | $-15.51M | $-68.71M | $-21.59M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.53% | -0.66% | -0.95% | 0.00% | 0.49% | -2.76% | 1.00% | -99.96% | -23.41% | -47.75% | -86.99% | 0.03% | 10.85% | 4.25% | 2.70% | 0.88% | 2.18% |
Forecast
8x8 SG&A Forecast
Quarter
Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 1 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 16 | 8 | 11 | 7 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $90.42M | $96.27M | $94.73M | $89.29M | $106.18M | $114.32M | $112.75M | $122.82M | $106.75M | $100.75M | $102.01M | $98.37M | $87.83M | $84.17M | $85.94M | $89.86M | $85.65M |
Avg Forecast | $117.34M | $115.25M | $113.15M | $112.96M | $117.34M | $116.67M | $116.20M | $114.80M | $115.35M | $113.83M | $113.22M | $113.28M | $113.57M | $115.94M | $116.60M | $118.80M | $117.81M | $129.16M | $118.45M | $112.75M | $115.28M | $97.77M | $94.16M | $90.78M | $88.92M | $84.34M | $80.03M | $76.61M | $102.69M | $72.45M |
High Forecast | $118.33M | $116.22M | $114.10M | $113.91M | $118.33M | $117.65M | $117.18M | $115.77M | $116.60M | $114.15M | $113.24M | $113.44M | $113.57M | $116.85M | $117.51M | $119.80M | $118.80M | $155.00M | $118.45M | $135.30M | $115.28M | $97.77M | $94.16M | $90.78M | $88.92M | $84.34M | $80.03M | $76.61M | $123.23M | $72.45M |
Low Forecast | $116.26M | $114.19M | $112.11M | $111.92M | $116.26M | $115.60M | $115.13M | $113.75M | $114.39M | $113.44M | $113.20M | $113.12M | $113.57M | $115.34M | $114.73M | $117.71M | $116.73M | $103.33M | $118.45M | $90.20M | $115.28M | $97.77M | $94.16M | $90.78M | $88.92M | $84.34M | $80.03M | $76.61M | $82.15M | $72.45M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.83% | 0.80% | 0.76% | 0.82% | 0.97% | 1.00% | 1.07% | 1.09% | 1.07% | 1.12% | 1.11% | 1.04% | 1.05% | 1.12% | 0.88% | 1.18% |
Forecast
8x8 EPS Forecast
Quarter
Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 1 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 16 | 8 | 11 | 7 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.17 | $-0.06 | $-0.13 | $-0.08 | $-0.23 | $-0.10 | $-0.22 | $-0.39 | $-0.38 | $-0.38 | $-0.40 | $-0.42 | $-0.38 | $-0.37 | $-0.40 | $-0.49 | $-0.47 |
Avg Forecast | $0.12 | $0.11 | $0.09 | $0.09 | $0.10 | $0.11 | $0.11 | $0.11 | $0.08 | $0.09 | $0.08 | $0.09 | $0.07 | $0.11 | $0.09 | $0.13 | $0.09 | $0.02 | $0.03 | $0.03 | - | $0.01 | $0.01 | - | $-0.01 | $-0.03 | $-0.07 | $-0.12 | $-0.14 | $-0.17 |
High Forecast | $0.12 | $0.11 | $0.09 | $0.09 | $0.10 | $0.11 | $0.12 | $0.11 | $0.08 | $0.10 | $0.08 | $0.09 | $0.07 | $0.12 | $0.11 | $0.13 | $0.09 | $0.02 | $0.03 | $0.03 | - | $0.01 | $0.01 | - | $-0.01 | $-0.03 | $-0.07 | $-0.12 | $-0.14 | $-0.17 |
Low Forecast | $0.12 | $0.11 | $0.09 | $0.09 | $0.10 | $0.11 | $0.11 | $0.11 | $0.07 | $0.09 | $0.08 | $0.09 | $0.07 | $0.09 | $0.07 | $0.12 | $0.09 | $0.02 | $0.03 | $0.03 | - | $0.01 | $0.01 | - | $-0.01 | $-0.03 | $-0.07 | $-0.12 | $-0.14 | $-0.17 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.58% | -0.71% | -1.04% | -0.89% | -9.97% | -2.98% | -7.37% | -107.76% | -25.73% | -54.02% | -99.85% | 44.80% | 12.92% | 5.16% | 3.25% | 3.42% | 2.74% |
Forecast
8x8 Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
APPS | Digital Turbine | $1.43 | $40.00 | 2697.20% | Buy |
EGHT | 8x8 | $2.84 | $19.78 | 596.48% | Buy |
SPT | Sprout Social | $29.63 | $65.00 | 119.37% | Buy |
AYX | Alteryx | $48.26 | $80.86 | 67.55% | Buy |
BILL | Bill.com | $87.86 | $142.04 | 61.67% | Buy |
MITK | Mitek Systems | $8.78 | $14.13 | 60.93% | Buy |
PD | PagerDuty | $18.84 | $30.13 | 59.93% | Buy |
BRZE | Braze | $36.02 | $55.77 | 54.83% | Buy |
NICE | NICE | $170.97 | $262.17 | 53.34% | Buy |
FRSH | Freshworks | $15.28 | $22.08 | 44.50% | Buy |
WEAV | Weave Communications | $13.81 | $17.50 | 26.72% | Buy |
DT | Dynatrace | $51.09 | $61.46 | 20.30% | Buy |
EVBG | Everbridge | $35.00 | $41.83 | 19.51% | Hold |
WDAY | Workday | $259.44 | $271.36 | 4.59% | Buy |
GTLB | GitLab | $62.15 | $63.63 | 2.38% | Buy |
SMAR | Smartsheet | $55.94 | $56.59 | 1.16% | Hold |
GBTG | Global Business Travel Group | $8.98 | $8.50 | -5.35% | Buy |
ADSK | Autodesk | $307.84 | $290.28 | -5.70% | Buy |
CWAN | Clearwater Analytics | $30.90 | $28.50 | -7.77% | Buy |
KC | Kingsoft Cloud | $6.53 | $4.97 | -23.89% | Buy |