
8x8 (EGHT) Stock Forecast & Price Target
8x8 (EGHT) Analyst Ratings
Bulls say
8x8 Inc. has demonstrated rapid deleveraging, enabling management to engage in share buybacks and pursue strategic mergers and acquisitions, while also investing in research and development and expanding into high-value verticals. The implementation of AI solutions is noted to enhance agent productivity and customer satisfaction, which contributes to incremental revenue growth for the company. Overall, management's focus on prudent financial management and strategic investments is expected to foster ongoing innovation, profitable growth, and long-term shareholder value creation.
Bears say
8x8 Inc has significantly reduced its debt from $550 million to $329 million since August 2022, resulting from substantial operating cash flow; however, the company faces ongoing challenges related to market pricing pressure and potential customer churn. The inability to effectively integrate new customers onto its unified communications and contact centers platform raises concerns about sustaining growth and limiting revenue generation. Additionally, despite management's assurances that AI is being leveraged to improve agent efficiency rather than eliminate positions, fears surrounding reduced seat-based subscriptions remain prevalent among investors, contributing to a negative long-term outlook for the stock.
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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