
8x8 (EGHT) Stock Forecast & Price Target
8x8 (EGHT) Analyst Ratings
Bulls say
8x8 Inc has demonstrated robust core growth, with core service revenue increasing nearly 6% year-over-year, marking the fourth consecutive quarter of accelerating growth. The company's strategic shift towards usage-based offerings has resulted in nearly one-fifth of service revenue coming from these sources, alongside significant international expansion, particularly in healthcare and regulated industries across Europe and APAC. Additionally, the impressive growth in AI-driven solutions, along with improved financial flexibility for share buybacks and mergers and acquisitions, indicates a strong upward trajectory for the company's overall performance.
Bears say
8x8's financial outlook appears to be unfavorable due to several critical factors. Firstly, despite a significant reduction of debt by 40% to $329 million through operating cash flow, potential pricing pressures within the market could negatively impact revenue generation and profitability. Additionally, a failure to effectively acquire new customers and integrate them into the X platform raises concerns about increased customer churn, which further complicates the company’s growth prospects, as reflected by a downward adjustment in the gross margin and total revenue estimates for FY27.
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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