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

OverviewRevenueOwnershipFinancialsChartTranscripts

EGHT Stock Forecast

8x8 (EGHT) stock forecast, based on 6 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 1.01% increase from the last price of $2.97.

High: $3.5 Avg: $3 Low: $2.5 Last Closed Price: $2.97

EGHT Stock Rating

8x8 stock's rating consensus is Buy, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (66.67%), 0 Hold (0.00%), 2 Sell (33.33%), and 0 Strong Sell (0.00%).

Buy
Total 6 2 0 4 0 Strong Sell Sell Hold Buy Strong Buy

EGHT Forecast vs Benchmarks

TypeNameUpside
Stock8x81.01%
SectorTechnology Stocks 13.03%

Price Target Trends

1M3M12M
# Anlaysts-24
Avg Price Target-$2.75$2.75
Last Closing Price$2.97$2.97$2.97
Upside/Downside--7.41%-7.41%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 251333-10
Dec, 241353-12
Nov, 243362-14
Oct, 243362-14
Sep, 243362-14
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 05, 2024William PowerRobert W. Baird$3.00$2.864.90%1.01%
Nov 05, 2024Ryan MacWilliamsBarclays$2.50$2.75-9.09%-15.82%
Oct 28, 2024Catharine TrebnickRosenblatt Securities$3.50$2.0372.41%17.85%
Jun 14, 2024Meta MarshallMorgan Stanley$2.00$2.32-13.79%-32.66%
May 13, 2022Michael TurrinWells Fargo$8.00$8.20-2.44%169.36%
Apr 28, 2022Ryan MacWilliamsBarclays$10.00$9.683.31%236.70%
Jan 24, 2022Ryan MacWilliamsBarclays$17.00$16.234.74%472.39%
Aug 05, 2021Nikolay BeliovGoldman Sachs$30.00$25.5717.32%910.10%
May 12, 2021Peter LevineEvercore ISI$46.00$24.3488.99%1448.82%
May 11, 2021Michael LatimoreNorthland Securities$33.00$25.1931.00%1011.11%
Latest Upgrade/Downgrade by Analysts
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 20 Mar 21 Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27
Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27
Reported$-1.72$-1.40$-1.55$-0.63$-0.56---
Avg Forecast$-0.62$-0.14$0.04$0.31$0.46$0.34$0.43$0.43
High Forecast$-0.63$-0.14$0.04$0.31$0.44$0.33$0.40$0.42
Low Forecast$-0.61$-0.14$0.04$0.31$0.46$0.35$0.46$0.43
Surprise %177.42%900.00%-3975.00%-303.23%-221.74%---

Revenue Forecast

$400M $470M $540M $610M $680M $750M Mar 20 Mar 21 Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27
Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27
Reported$446.24M$532.34M$638.13M$743.94M$728.71M---
Avg Forecast$443.93M$527.60M$637.98M$744.94M$728.09M$720.22M$731.60M$737.80M
High Forecast$438.87M$521.58M$630.70M$740.12M$727.24M$717.62M$725.21M$730.15M
Low Forecast$449.00M$533.63M$645.27M$749.74M$729.41M$721.80M$741.67M$745.46M
Surprise %0.52%0.90%0.02%-0.13%0.08%---

Net Income Forecast

$-3B $-2B $-1B $-700M $-100M $500M Mar 20 Mar 21 Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27
Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27
Reported$-172.37M$-165.59M$-175.38M$-73.14M$-67.59M---
Avg Forecast$-150.82M$-218.66M$-1.73B$37.79M$-53.43M$40.69M$52.08M$51.47M
High Forecast$-180.98M$-262.39M$-2.08B$37.48M$-64.12M$39.50M$48.27M$51.04M
Low Forecast$-120.65M$-174.93M$-1.39B$38.11M$-42.75M$41.89M$55.89M$51.90M
Surprise %14.29%-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 6 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 0 Hold, 2 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 6 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 1.01% change from the previous close price of $2.97.

How does 8x8 stock forecast compare to the average forecast of its sector, industry, and investment themes?

8x8 stock forecast shows a 1.01% upside, underperforming the average forecast for the technology stocks sector (13.03%).

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

  • January 2025: 10.00% Strong Buy, 30.00% Buy, 30.00% Hold, 30.00% Sell, 0% Strong Sell.
  • December 2024: 8.33% Strong Buy, 25.00% Buy, 41.67% Hold, 25.00% Sell, 0% Strong Sell.
  • November 2024: 21.43% Strong Buy, 21.43% Buy, 42.86% Hold, 14.29% Sell, 0% Strong Sell.

What is 8x8’s EPS forecast?

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

What is 8x8’s revenue forecast?

8x8's average annual revenue forecast for its fiscal year ending in March is $720.22M for 2025, 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?

For its fiscal year ending in March, 8x8's average annual net income forecast is $40.69M for 2025, reflecting a -160.20% decrease from the reported $-67.592M in 2024. The projection for 2026 is $52.08M, and $51.47M for 2027.