8x8, Inc. Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for 8x8, Inc. stock have an average target of 2.87, with a low estimate of 2.00 and a high estimate of 4.00. The average target predicts an increase of 5.51% from the current stock price of 2.72.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$2.00	$2.87	$2.60	$4.00
Change	-26.47%	+5.51%	-4.41%	+47.06%

Analyst Ratings

The average analyst rating for 8x8, Inc. stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	3	3	3	4	3	3
Buy	0	0	0	0	0	0
Hold	2	1	1	1	2	1
Sell	2	2	2	2	2	3
Strong Sell	0	0	0	0	0	0
Total	7	6	6	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Meta Marshall Morgan Stanley	Morgan Stanley	Sell Maintains $2 → $2.6	Sell	Maintains	$2 → $2.6	-4.41%	Dec 18, 2024
Siti Panigrahi Mizuho	Mizuho	Hold → Sell Downgrades $2.75 → $2.5	Hold → Sell	Downgrades	$2.75 → $2.5	-8.09%	Dec 13, 2024
Michael Turrin Wells Fargo	Wells Fargo	Sell Maintains $1.5 → $2	Sell	Maintains	$1.5 → $2	-26.47%	Nov 5, 2024
Siti Panigrahi Mizuho	Mizuho	Hold Maintains $2.5 → $2.75	Hold	Maintains	$2.5 → $2.75	+1.10%	Nov 5, 2024
Ryan Macwilliams Barclays	Barclays	Hold Maintains $2 → $2.5	Hold	Maintains	$2 → $2.5	-8.09%	Nov 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

734.40M

from 728.71M

0.78%

from 728.71M

Revenue Next Year

745.19M

from 734.40M

1.47%

from 734.40M

EPS This Year

0.34

from -0.56

EPS Next Year

0.43

from 0.34

26.48%

from 0.34

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	446.24M	532.34M	638.13M	743.94M	728.71M	734.40M	745.19M	752.56M
Revenue Growth	26.56%	19.30%	19.87%	16.58%	-2.05%	0.78%	1.47%	0.99%
EPS	-1.72	-1.57	-1.55	-0.63	-0.56	0.34	0.43	0.43
EPS Growth	-	-	-	-	-	-	26.48%	-0.13%
Forward PE	-	-	-	-	-	7.93	6.27	6.27
No. Analysts	-	-	-	-	-	13	13	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	759.0M	774.4M	790.8M
Avg	734.4M	745.2M	752.6M
Low	702.2M	706.2M	708.1M

Revenue Growth

Revenue Growth	2025	2026	2027
High	4.2%	5.4%	6.1%
Avg	0.8%	1.5%	1.0%
Low	-3.6%	-3.8%	-5.0%

EPS Forecast

EPS	2025	2026	2027
High	0.37	0.68	0.46
Avg	0.34	0.43	0.43
Low	0.32	0.34	0.40

EPS Growth

EPS Growth	2025	2026	2027
High	-	98.9%	6.4%
Avg	-	26.5%	-0.1%
Low	-	-0.1%	-7.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.