8x8 (EGHT) Stock Forecast, Price Target & Predictions
EGHT Stock Forecast
8x8 stock forecast is as follows: an average price target of $22.81 (represents a 883.19% upside from EGHT’s last price of $2.32) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
EGHT Price Target
The average price target for 8x8 (EGHT) is $22.81 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $2.00. This represents a potential 883.19% upside from EGHT's last price of $2.32.
EGHT Analyst Ratings
According to 6 Wall Street analysts, 8x8's rating consensus is 'Buy'. The analyst rating breakdown for EGHT stock is 0 'Strong Buy' (0.00%), 5 'Buy' (83.33%), 0 'Hold' (0.00%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
8x8 Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 28, 2024 | Catharine Trebnick | Rosenblatt Securities | $3.50 | $2.03 | 72.41% | 50.86% |
| Jun 14, 2024 | Meta Marshall | Morgan Stanley | $2.00 | $2.31 | -13.61% | -13.79% |
| May 13, 2022 | Michael Turrin | Wells Fargo | $8.00 | $8.20 | -2.38% | 244.83% |
| Apr 28, 2022 | Ryan MacWilliams | Barclays | $10.00 | $9.68 | 3.31% | 331.03% |
| Jan 24, 2022 | Ryan MacWilliams | Barclays | $17.00 | $16.23 | 4.74% | 632.76% |
| Aug 05, 2021 | Nikolay Beliov | Goldman Sachs | $30.00 | $25.57 | 17.32% | 1193.10% |
| May 12, 2021 | Peter Levine | Evercore ISI | $46.00 | $24.34 | 88.99% | 1882.76% |
| May 11, 2021 | Michael Latimore | Northland Securities | $33.00 | $25.19 | 31.00% | 1322.41% |
| May 10, 2021 | Timothy Horan | Oppenheimer | $50.00 | $28.14 | 77.68% | 2055.17% |
The latest 8x8 stock forecast, released on Oct 28, 2024 by Catharine Trebnick from Rosenblatt Securities, set a price target of $3.50, which represents a 72.41% increase from the stock price at the time of the forecast ($2.03), and a 50.86% increase from EGHT last price ($2.32).
8x8 Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $3.50 | $3.50 | $2.75 |
| Last Closing Price | $2.32 | $2.32 | $2.32 |
| Upside/Downside | 50.86% | 50.86% | 18.53% |
In the current month, the average price target of 8x8 stock is $3.50, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 50.86% increase as opposed to 8x8's last price of $2.32. This month's average price target is down 0.00% compared to last quarter, and up 27.27% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 24, 2024 | Rosenblatt Securities | Buy | Buy | Hold |
| Aug 09, 2024 | Wells Fargo | Buy | Buy | Hold |
| Jun 21, 2024 | Needham | Underperform | Underperform | Hold |
| Jun 21, 2024 | Wells Fargo | Buy | Buy | Hold |
| Jun 14, 2024 | Morgan Stanley | Underperform | Underweight | Downgrade |
| May 20, 2024 | Morgan Stanley | Underperform | Underperform | Hold |
| May 20, 2024 | Needham | Buy | Buy | 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 |
8x8's last stock rating was published by Rosenblatt Securities on Oct 24, 2024. The company gave EGHT a "Buy" rating, the same as its previous rate.
8x8 Financial Forecast
8x8 Revenue Forecast
| 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 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $109.52M | $96.67M | $93.77M | $83.22M |
| Avg Forecast | $186.30M | $185.01M | $182.08M | $180.99M | $182.56M | $181.30M | $178.38M | $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 | $106.80M | $95.88M | $92.99M | $104.00M |
| High Forecast | $186.30M | $185.01M | $182.08M | $180.99M | $182.56M | $181.30M | $178.58M | $178.65M | $178.85M | $184.02M | $185.07M | $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 | $106.80M | $95.88M | $92.99M | $124.80M |
| Low Forecast | $186.30M | $185.01M | $182.08M | $180.99M | $182.56M | $181.30M | $178.07M | $178.15M | $178.85M | $181.65M | $180.69M | $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 | $106.80M | $95.88M | $92.99M | $83.20M |
| # Analysts | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 |
| 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% | 1.03% | 1.01% | 1.01% | 0.80% |
8x8's average Quarter revenue forecast for Mar 24 based on 1 analysts is $178.85M, with a low forecast of $178.85M, and a high forecast of $178.85M. EGHT's average Quarter revenue forecast represents a -1.19% decrease compared to the company's last Quarter revenue of $181.01M (Dec 23).
8x8 EBITDA Forecast
| 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 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 |
| 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 | $-31.66M | $-26.46M | $-20.69M | $-10.09M |
| Avg Forecast | $-22.39M | $-22.24M | $-21.88M | $-21.75M | $-21.94M | $-21.79M | $-21.44M | $-21.44M | $-1.71B | $-21.95M | $-22.07M | $-22.49M | $-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 | $-12.84M | $-11.52M | $-14.78M | $-12.10M |
| High Forecast | $-22.39M | $-22.24M | $-21.88M | $-21.75M | $-21.94M | $-21.79M | $-21.40M | $-21.41M | $-1.37B | $-21.83M | $-21.72M | $-22.49M | $-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 | $-12.84M | $-11.52M | $-11.82M | $-9.68M |
| Low Forecast | $-22.39M | $-22.24M | $-21.88M | $-21.75M | $-21.94M | $-21.79M | $-21.46M | $-21.47M | $-2.05B | $-22.12M | $-22.24M | $-22.49M | $-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 | $-12.84M | $-11.52M | $-17.74M | $-14.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.43% | 0.12% | 0.06% | -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% | 2.47% | 2.30% | 1.40% | 0.83% |
9 analysts predict EGHT's average Quarter EBITDA for Jun 23 to be $-22.49M, with a high of $-22.49M and a low of $-22.49M. This is -245.95% lower than 8x8's previous annual EBITDA (Mar 23) of $15.41M.
8x8 Net Income Forecast
| 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 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 |
| 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 | $-40.93M | $-34.27M | $-28.13M | $-15.36M |
| Avg Forecast | $13.02M | $14.00M | $12.32M | $12.98M | $10.50M | $10.81M | $10.18M | $11.09M | $-2.27B | $13.51M | $10.98M | $15.75M | $-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 | $-21.34M | $-22.01M | $-20.09M | $-18.43M |
| High Forecast | $13.02M | $14.00M | $12.32M | $12.98M | $10.50M | $10.81M | $11.46M | $11.22M | $-1.82B | $14.87M | $13.72M | $15.75M | $-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 | $-21.34M | $-22.01M | $-16.07M | $-14.74M |
| Low Forecast | $13.02M | $14.00M | $12.32M | $12.98M | $10.50M | $10.81M | $6.37M | $10.97M | $-2.72B | $10.81M | $8.23M | $15.75M | $-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 | $-21.34M | $-22.01M | $-24.11M | $-22.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | -1.57% | -0.68% | -0.97% | 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% | 1.92% | 1.56% | 1.40% | 0.83% |
8x8's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. EGHT's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
8x8 SG&A Forecast
| 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 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 |
| 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 | $78.33M | $73.21M | $39.41M | $64.74M |
| Avg Forecast | $118.30M | $117.47M | $115.61M | $114.93M | $115.92M | $115.12M | $113.27M | $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 | $67.81M | $60.88M | $28.15M | $77.69M |
| High Forecast | $118.30M | $117.47M | $115.61M | $114.93M | $115.92M | $115.12M | $113.39M | $113.44M | $113.57M | $116.85M | $117.51M | $118.80M | $117.81M | $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 | $67.81M | $60.88M | $33.78M | $93.22M |
| Low Forecast | $118.30M | $117.47M | $115.61M | $114.93M | $115.92M | $115.12M | $113.07M | $113.12M | $113.57M | $115.34M | $114.73M | $118.80M | $117.81M | $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 | $67.81M | $60.88M | $22.52M | $62.15M |
| 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% | 1.16% | 1.20% | 1.40% | 0.83% |
8x8's average Quarter SG&A projection for Mar 24 is $113.57M, based on 1 Wall Street analysts, with a range of $113.57M to $113.57M. The forecast indicates a 25.60% rise compared to EGHT last annual SG&A of $90.42M (Dec 23).
8x8 EPS Forecast
| 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 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 |
| 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 | $-0.42 | $-0.36 | $-0.29 | $-0.16 |
| Avg Forecast | $0.10 | $0.11 | $0.10 | $0.10 | $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 | $-0.17 | $-0.17 | $-0.07 | $-0.06 |
| High Forecast | $0.10 | $0.11 | $0.10 | $0.10 | $0.08 | $0.09 | $0.09 | $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 | $-0.17 | $-0.17 | $-0.07 | $-0.05 |
| Low Forecast | $0.10 | $0.11 | $0.10 | $0.10 | $0.08 | $0.09 | $0.05 | $0.09 | $0.07 | $0.09 | $0.07 | $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 | $-0.17 | $-0.17 | $-0.07 | $-0.07 |
| 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% | 2.48% | 2.06% | 3.87% | 2.67% |
According to undefined Wall Street analysts, 8x8's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to EGHT previous annual EPS of $NaN (undefined).
8x8 Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| APPS | Digital Turbine | $3.11 | $40.00 | 1186.17% | Buy |
| EGHT | 8x8 | $2.32 | $22.81 | 883.19% | Buy |
| BILL | Bill.com | $58.36 | $149.35 | 155.91% | Buy |
| SPT | Sprout Social | $27.59 | $65.00 | 135.59% | Buy |
| FRSH | Freshworks | $12.23 | $22.08 | 80.54% | Buy |
| KC | Kingsoft Cloud | $2.77 | $4.97 | 79.42% | Buy |
| BRZE | Braze | $31.76 | $55.77 | 75.60% | Buy |
| AYX | Alteryx | $48.26 | $80.86 | 67.55% | Buy |
| MITK | Mitek Systems | $8.62 | $14.13 | 63.92% | Buy |
| PD | PagerDuty | $18.42 | $30.13 | 63.57% | Buy |
| NICE | NICE | $169.49 | $268.42 | 58.37% | Buy |
| WEAV | Weave Communications | $13.01 | $17.50 | 34.51% | Buy |
| EVBG | Everbridge | $35.00 | $41.83 | 19.51% | Hold |
| GTLB | GitLab | $55.99 | $63.63 | 13.65% | Buy |
| WDAY | Workday | $241.14 | $270.91 | 12.35% | Buy |
| DT | Dynatrace | $54.56 | $61.13 | 12.04% | Buy |
| GBTG | Global Business Travel Group | $7.68 | $8.50 | 10.68% | Buy |
| SMAR | Smartsheet | $55.88 | $56.59 | 1.27% | Hold |
| ADSK | Autodesk | $287.62 | $289.28 | 0.58% | Buy |
| CWAN | Clearwater Analytics | $26.31 | $26.33 | 0.08% | Buy |
EGHT Forecast FAQ
Is 8x8 a good buy?
Yes, according to 6 Wall Street analysts, 8x8 (EGHT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 83.33% of EGHT's total ratings.
What is EGHT's price target?
8x8 (EGHT) average price target is $22.81 with a range of $2 to $50, implying a 883.19% from its last price of $2.32. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will 8x8 stock go up soon?
According to Wall Street analysts' prediction for EGHT stock, the company can go up by 883.19% (from the last price of $2.32 to the average price target of $22.81), up by 2055.17% based on the highest stock price target, and down by -13.79% based on the lowest stock price target.
Can 8x8 stock reach $3?
EGHT's average twelve months analyst stock price target of $22.81 supports the claim that 8x8 can reach $3 in the near future.
What is 8x8's current price target trend?
1 Wall Street analyst forecast a $3.5 price target for 8x8 (EGHT) this month, up 50.86% from its last price of $2.32. Compared to the last 3 and 12 months, the average price target increased by 50.86% and increased by 18.53%, respectively.
What are 8x8's analysts' financial forecasts?
8x8's analysts financial forecasts for the fiscal year (Mar 2025) are as follows: average revenue is $720.64M (high $721.09M, low $720.08M), average EBITDA is $-86.611M (high $-86.543M, low $-86.665M), average net income is $42.59M (high $43.99M, low $38.65M), average SG&A $457.58M (high $457.87M, low $457.23M), and average EPS is $0.338 (high $0.349, low $0.307). EGHT's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $734.39M (high $734.39M, low $734.39M), average EBITDA is $-88.262M (high $-88.262M, low $-88.262M), average net income is $52.32M (high $52.32M, low $52.32M), average SG&A $466.31M (high $466.31M, low $466.31M), and average EPS is $0.415 (high $0.415, low $0.415).
Did the EGHT's actual financial results beat the analysts' financial forecasts?
Based on 8x8's last annual report (Mar 2023), the company's revenue was $743.94M, which missed the average analysts forecast of $744.97M by -0.14%. Apple's EBITDA was $-14.011M, missing the average prediction of $-1.625B by -99.14%. The company's net income was $-73.143M, missing the average estimation of $-2.137B by -96.58%. Apple's SG&A was $422.54M, missing the average forecast of $478.17M by -11.63%. Lastly, the company's EPS was $-0.63, missing the average prediction of $0.178 by -453.06%. In terms of the last quarterly report (Dec 2023), 8x8's revenue was $181.01M, missing the average analysts' forecast of $182.59M by -0.87%. The company's EBITDA was $-9.391M, missing the average prediction of $-21.945M by -57.21%. 8x8's net income was $-21.222M, missing the average estimation of $13.51M by -257.03%. The company's SG&A was $90.42M, missing the average forecast of $115.94M by -22.02%. Lastly, the company's EPS was $-0.17, missing the average prediction of $0.107 by -258.49%