
8x8 (EGHT) Stock Forecast & Price Target
8x8 (EGHT) Analyst Ratings
Bulls say
8x8 is experiencing strong growth in its usage-based revenue segment, with over 70% Y/Y growth driven by its CPaaS APIs and AI solutions. The company's recent product announcements, partnerships, and tuck-in acquisitions have positioned it well for further growth. Its solid financials, including strong CFFO and reducing debt, suggest a healthy and well-managed business. With a strong market opportunity and a growing customer base, 8x8's outlook is positive, and its potential for upside is significant given its current valuation.
Bears say
8x8 is facing tough comps for the next four quarters and pricing pressure within the market, which could negatively impact its core growth. Failure to successfully integrate customers to the X platform and market its UCaaS/CCaaS offerings could also lead to increased churn and hinder its ability to acquire new customers and sustain revenue growth. Despite a successful platform shift and cost discipline, the negative trends in core growth and customer acquisition warrant a negative outlook on 8x8's 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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