8x8 (EGHT) Stock Forecast, Price Target & Predictions


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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.

High: $3.5 Avg: $3 Low: $2.5 Last Closed Price: $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
Total 25 0 4 10 11 Strong Sell Sell Hold Buy Strong Buy

EGHT Price Target Upside V Benchmarks


TypeNameUpside
Stock8x875.44%
SectorTechnology Stocks 34.55%

Price Target Trends


1M3M12M
# Anlaysts--4
Avg Price Target--$2.75
Last Closing Price$1.71$1.71$1.71
Upside/Downside--60.82%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 251333-10
Mar, 251333-10
Feb, 251333-10
Jan, 251333-10
Dec, 241353-12
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 05, 2024William PowerRobert W. Baird$3.00$2.864.90%75.44%
Nov 05, 2024Ryan MacWilliamsBarclays$2.50$2.75-9.09%46.20%
Oct 28, 2024Catharine TrebnickRosenblatt Securities$3.50$2.0372.41%104.68%
Jun 14, 2024Meta MarshallMorgan Stanley$2.00$2.32-13.79%16.96%
May 13, 2022Michael TurrinWells Fargo$8.00$8.20-2.44%367.84%
Apr 28, 2022Ryan MacWilliamsBarclays$10.00$9.683.31%484.80%
Jan 24, 2022Ryan MacWilliamsBarclays$17.00$16.234.74%894.15%
Aug 05, 2021Nikolay BeliovGoldman Sachs$30.00$25.5717.32%1654.39%
May 12, 2021Peter LevineEvercore ISI$46.00$24.3488.99%2590.06%
May 11, 2021Michael LatimoreNorthland Securities$33.00$25.1931.00%1829.82%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Dec 18, 2024Morgan StanleyUnderweightUnderweighthold
Nov 05, 2024BarclaysSellSellhold
Oct 24, 2024Rosenblatt SecuritiesBuyBuyhold
Aug 09, 2024Wells FargoBuyBuyhold
Jun 21, 2024NeedhamUnderperformUnderperformhold
Jun 14, 2024Morgan StanleyUnderperformUnderweightdowngrade
May 20, 2024Morgan StanleyUnderperformUnderperformhold
Mar 18, 2024Rosenblatt SecuritiesBuyBuyhold
Jan 18, 2024NeedhamBuyBuyhold
May 12, 2023Morgan StanleyEqual-WeightEqual-Weighthold

Financial Forecast


EPS Forecast

Mar 21 Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27
Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26Mar 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

$500M $550M $600M $650M $700M $750M Mar 21 Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27
Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26Mar 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

$-3B $-2B $-1B $-700M $-100M $500M Mar 21 Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27
Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27
Reported$-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%---

EGHT Forecast FAQ


Is 8x8 stock a buy?

8x8 stock has a consensus rating of Buy, based on 25 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 11 Buy, 10 Hold, 4 Sell, and 0 Strong Sell, reflecting a consensus that 8x8 is a favorable investment for most analysts.

What is 8x8's price target?

8x8's price target, set by 25 Wall Street analysts, averages $3 over the next 12 months. The price target range spans from $2.5 at the low end to $3.5 at the high end, suggesting a potential 75.44% change from the previous closing price of $1.71.

How does 8x8 stock forecast compare to its benchmarks?

8x8's stock forecast shows a 75.44% upside, outperforming the average forecast for the technology stocks sector (34.55%).

What is the breakdown of analyst ratings for 8x8 over the past three months?

  • April 2025: 10.00% Strong Buy, 30.00% Buy, 30.00% Hold, 30.00% Sell, 0% Strong Sell.
  • March 2025: 10.00% Strong Buy, 30.00% Buy, 30.00% Hold, 30.00% Sell, 0% Strong Sell.
  • February 2025: 10.00% Strong Buy, 30.00% Buy, 30.00% Hold, 30.00% Sell, 0% Strong Sell.

What is 8x8’s EPS forecast?

8x8's average annual EPS forecast for its fiscal year ending in March 2025 is $0.34, marking a -160.71% decrease from the reported $-0.56 in 2024. Estimates for the following years are $0.43 in 2026, and $0.43 in 2027.

What is 8x8’s revenue forecast?

8x8's average annual revenue forecast for its fiscal year ending in March 2025 is $720.22M, reflecting a -1.16% decrease from the reported $728.7M in 2024. The forecast for 2026 is $731.6M, and $737.8M for 2027.

What is 8x8’s net income forecast?

8x8's net income forecast for the fiscal year ending in March 2025 stands at $40.69M, representing a -160.20% decrease from the reported $-67.592M in 2024. Projections indicate $52.08M in 2026, and $51.47M in 2027.