
8x8 (EGHT) Stock Forecast & Price Target
8x8 (EGHT) Analyst Ratings
Bulls say
8x8 Inc is positioned for a positive outlook due to its integrated technology platform that enables comprehensive omnichannel communication, enhancing employee productivity and customer engagement. The company's early implementation of AI-powered products, which are expected to grow significantly, combined with its strategic advantage within the Microsoft Teams ecosystem, is likely to drive sustainable revenue growth. Additionally, the anticipated phased exit of the Fuze business by December 2025 aims to restore organic growth metrics while offsetting customer churn, further consolidating the company’s potential for return to pre-pandemic valuation levels.
Bears say
8x8 Inc. is facing a projected decline in service revenue, with a decrease of 0.7% year-over-year expected, bringing the figure down to $696 million, which is slightly above the consensus estimate but still reflects ongoing challenges. The company reported total revenue of $178.9 million, representing a decline of 1.2% year-over-year and quarter-over-quarter, falling short of consensus expectations and impacted by foreign exchange headwinds. Additionally, with management indicating ongoing competition in the unified communications as a service (UCaaS) sector and a legacy Fuze base posing challenges, the outlook for revenue growth remains dim, raising concerns about the company's overall performance.
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
Start investing in 8x8 (EGHT)
Order type
Buy in
Order amount
Est. shares
0 shares