
8x8 (EGHT) Stock Forecast & Price Target
8x8 (EGHT) Analyst Ratings
Bulls say
8x8 Inc. is positioned for sustainable growth due to improved profitability and the integration of AI and automation into its product offerings, which are expected to significantly exceed current performance metrics. The company has established an early mover advantage within the Microsoft Teams ecosystem, potentially leading to increased opportunities in the contact center application space, thereby enhancing employee productivity and customer engagement. Furthermore, with the planned end-of-life for the Fuze business by December 2025, 8x8 anticipates a return to mild organic growth, supported by a gradual uptick in new product activity and a favorable competitive landscape in the mid-market sector.
Bears say
8x8 Inc. has projected service revenue growth of only 2.3% year-over-year, indicating a decline from prior expectations, which highlights a potentially stagnating business environment. Total revenue for the latest period decreased by 1.2% year-over-year, falling short of consensus estimates and negatively impacted by foreign exchange headwinds, suggesting operational challenges. Additionally, the company's guidance indicates a continuous decline in service revenue for the upcoming fiscal periods, alongside persistent competitive pressures within the unified communications as a service (UCaaS) market.
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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