
8x8 (EGHT) Stock Forecast & Price Target
8x8 (EGHT) Analyst Ratings
Bulls say
8x8 Inc. has demonstrated robust financial health through rapid deleveraging, enabling the company to execute share buybacks and pursue strategic mergers and acquisitions while also investing in research and development. This financial flexibility, coupled with the utilization of artificial intelligence, has led to improved agent productivity, heightened customer satisfaction, and incremental revenue growth. Management's confidence in their strategic investments and financial discipline positions 8x8 favorably for continued innovation, sustainable profitable growth, and long-term value creation for shareholders.
Bears say
8x8 Inc has seen a notable reduction in debt, decreasing total borrowings from $550 million to $329 million since August 2022, primarily due to strong operating cash flow; however, this improvement does not outweigh the company's concerns over pricing pressure in a competitive market, which could negatively impact revenues. Additionally, the risk of customer churn remains significant due to potential difficulties in acquiring new customers for its unified communications and contact center services, particularly if the integration into its X platform fails. Lastly, while management asserts that AI will enhance human efficiency rather than reduce seat-based subscriptions, investor apprehensions regarding the implications of AI on their workforce and service structure may further dampen confidence in the company's long-term growth trajectory.
This aggregate rating is based on analysts' research of 8x8 and is not a guaranteed prediction by Public.com or investment advice.
8x8 (EGHT) Analyst Forecast & Price Prediction
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