
8x8 (EGHT) Stock Forecast & Price Target
8x8 (EGHT) Analyst Ratings
Bulls say
8x8 Inc. has demonstrated robust core service revenue growth, increasing nearly 6% year-over-year for the fourth consecutive quarter, excluding Fuze-related revenue, signaling a positive trend in its financial performance. The company's strategic pivot towards usage-based offerings has resulted in nearly 20% of service revenue now generated from these sources, reflecting strong demand for its CPaaS APIs and AI-driven solutions. Additionally, the company has achieved significant international expansion, particularly in high-growth sectors, while exceeding revenue expectations and generating cash flow that enables share buybacks and investments in R&D and M&A activities.
Bears say
8x8 Inc has reduced its total debt by 40%, from $550 million to $329 million since August 2022, reflecting improved operating cash flow; however, this debt reduction comes amid challenges in acquiring new customers for its unified communications and contact center services. The company is facing pricing pressure in the market, which may impact its profitability and overall business performance, as indicated by a decrease in the FY27 gross margin estimate from 67.1% to 66.0%. Additionally, the total revenue forecast for FY27 has been lowered from $730 million to $725 million, highlighting concerns about the growth trajectory of usage-based pricing and the potential for increased customer churn due to ineffective platform integration.
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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