8x8 (EGHT) Stock Forecast, Price Target & Predictions
EGHT Stock Forecast
8x8 (EGHT) stock forecast, based on 25 Wall Street analysts, predicts a 12-month average price target of $3.00, with a high of $3.50 and a low of $2.50. This represents a 75.44% increase from the last price of $1.71.
EGHT Stock Rating
8x8 stock's rating consensus is Buy, based on 25 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (44.00%), 10 Hold (40.00%), 4 Sell (16.00%), and 0 Strong Sell (0.00%).
Buy
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 4 |
Avg Price Target | - | - | $2.75 |
Last Closing Price | $1.71 | $1.71 | $1.71 |
Upside/Downside | - | - | 60.82% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Apr, 25 | 1 | 3 | 3 | 3 | - | 10 |
Mar, 25 | 1 | 3 | 3 | 3 | - | 10 |
Feb, 25 | 1 | 3 | 3 | 3 | - | 10 |
Jan, 25 | 1 | 3 | 3 | 3 | - | 10 |
Dec, 24 | 1 | 3 | 5 | 3 | - | 12 |
Analyst Price Target Forecasts
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% | 75.44% |
Nov 05, 2024 | Ryan MacWilliams | Barclays | $2.50 | $2.75 | -9.09% | 46.20% |
Oct 28, 2024 | Catharine Trebnick | Rosenblatt Securities | $3.50 | $2.03 | 72.41% | 104.68% |
Jun 14, 2024 | Meta Marshall | Morgan Stanley | $2.00 | $2.32 | -13.79% | 16.96% |
May 13, 2022 | Michael Turrin | Wells Fargo | $8.00 | $8.20 | -2.44% | 367.84% |
Apr 28, 2022 | Ryan MacWilliams | Barclays | $10.00 | $9.68 | 3.31% | 484.80% |
Jan 24, 2022 | Ryan MacWilliams | Barclays | $17.00 | $16.23 | 4.74% | 894.15% |
Aug 05, 2021 | Nikolay Beliov | Goldman Sachs | $30.00 | $25.57 | 17.32% | 1654.39% |
May 12, 2021 | Peter Levine | Evercore ISI | $46.00 | $24.34 | 88.99% | 2590.06% |
May 11, 2021 | Michael Latimore | Northland Securities | $33.00 | $25.19 | 31.00% | 1829.82% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Dec 18, 2024 | Morgan Stanley | Underweight | Underweight | hold |
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 | Needham | Underperform | Underperform | hold |
Jun 14, 2024 | Morgan Stanley | Underperform | Underweight | downgrade |
May 20, 2024 | Morgan Stanley | Underperform | Underperform | hold |
Mar 18, 2024 | Rosenblatt Securities | Buy | Buy | hold |
Jan 18, 2024 | Needham | Buy | Buy | hold |
May 12, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | hold |
Financial Forecast
EPS Forecast
Annual
Mar 21 | Mar 22 | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Mar 27 | |
---|---|---|---|---|---|---|---|
Reported | $-1.40 | $-1.55 | $-0.63 | $-0.56 | - | - | - |
Avg Forecast | $-0.14 | $0.04 | $0.31 | $0.46 | $0.34 | $0.43 | $0.43 |
High Forecast | $-0.14 | $0.04 | $0.31 | $0.46 | $0.35 | $0.46 | $0.43 |
Low Forecast | $-0.14 | $0.04 | $0.31 | $0.44 | $0.33 | $0.40 | $0.42 |
Surprise % | 900.00% | -3975.00% | -303.23% | -221.74% | - | - | - |
Revenue Forecast
Annual
Mar 21 | Mar 22 | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Mar 27 | |
---|---|---|---|---|---|---|---|
Reported | $532.34M | $638.13M | $743.94M | $728.71M | - | - | - |
Avg Forecast | $527.60M | $637.98M | $744.94M | $728.09M | $720.22M | $731.60M | $737.80M |
High Forecast | $533.63M | $645.27M | $749.74M | $729.41M | $721.80M | $741.67M | $745.46M |
Low Forecast | $521.58M | $630.70M | $740.12M | $727.24M | $717.62M | $725.21M | $730.15M |
Surprise % | 0.90% | 0.02% | -0.13% | 0.08% | - | - | - |
Net Income Forecast
Annual
Mar 21 | Mar 22 | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Mar 27 | |
---|---|---|---|---|---|---|---|
Reported | $-165.59M | $-175.38M | $-73.14M | $-67.59M | - | - | - |
Avg Forecast | $-218.66M | $-1.73B | $37.79M | $-53.43M | $40.69M | $52.08M | $51.47M |
High Forecast | $-174.93M | $-1.39B | $38.11M | $-42.75M | $41.89M | $55.89M | $51.90M |
Low Forecast | $-262.39M | $-2.08B | $37.48M | $-64.12M | $39.50M | $48.27M | $51.04M |
Surprise % | -24.27% | -89.89% | -293.53% | 26.50% | - | - | - |