8x8, Inc. (EGHT)
NASDAQ: EGHT · Real-Time Price · USD
2.580
-0.060 (-2.27%)
Jan 17, 2025, 4:00 PM EST - Market closed

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 11.24% from the current stock price of 2.58.

Analyst Consensus: Buy
Target Low Average Median High
Price $2.00 $2.87 $2.60 $4.00
Change -22.48% +11.24% +0.78% +55.04%
* Price targets were last updated on Dec 18, 2024.

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 Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 334333
Buy 000000
Hold 111211
Sell 222233
Strong Sell 000000
Total 667777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Sell
Maintains
$2$2.6
Sell Maintains $2$2.6 +0.78% Dec 18, 2024
Mizuho
Mizuho
Sell
Downgrades
$2.75$2.5
Sell Downgrades $2.75$2.5 -3.10% Dec 13, 2024
Wells Fargo
Wells Fargo
Sell
Maintains
$1.5$2
Sell Maintains $1.5$2 -22.48% Nov 5, 2024
Mizuho
Mizuho
Hold
Maintains
$2.5$2.75
Hold Maintains $2.5$2.75 +6.59% Nov 5, 2024
Barclays
Barclays
Hold
Maintains
$2$2.5
Hold Maintains $2$2.5 -3.10% Nov 5, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
734.62M
from 728.71M
Increased by 0.81%
Revenue Next Year
746.16M
from 734.62M
Increased by 1.57%
EPS This Year
0.34
from -0.56
EPS Next Year
0.43
from 0.34
Increased by 26.48%
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
446.24M532.34M638.13M743.94M728.71M734.62M746.16M752.56M
Revenue Growth
26.56%19.30%19.87%16.58%-2.05%0.81%1.57%0.86%
EPS
-1.72-1.57-1.55-0.63-0.560.340.430.43
EPS Growth
------26.48%-0.13%
Forward PE
-----7.525.945.95
No. Analysts -----13134
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 759.0M 774.4M 790.8M
Avg 734.6M 746.2M 752.6M
Low 702.2M 706.2M 708.1M

Revenue Growth

Revenue Growth 202520262027
High
4.2%
5.4%
6.0%
Avg
0.8%
1.6%
0.9%
Low
-3.6%
-3.9%
-5.1%

EPS Forecast

EPS 202520262027
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 202520262027
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.