
8x8 (EGHT) Stock Forecast & Price Target
8x8 (EGHT) Analyst Ratings
Bulls say
8x8 is showing favorable growth in its core revenue and new product offerings, thanks to its strategic focus on AI-enhanced products and CPaaS. The company is also exhibiting strong financial management, reducing its debt by 38% since 2022 and maintaining positive cash flow for 20 consecutive quarters. With its recent appointment of a Chief Revenue Officer and continued international expansion, 8x8 is positioned for continued success in the rapidly evolving cloud communications industry.
Bears say
8x8 is facing pricing headwinds and execution challenges, which have resulted in customer roll-offs and slowed revenue growth. Despite cost discipline and a successful platform shift, the company still trades at a discount to its peers, indicating a negative outlook on its growth potential and financial performance. The recent debt reduction efforts do not seem to be enough to offset these concerns.
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
Start investing in 8x8 (EGHT)
Order type
Buy in
Order amount
Est. shares
0 shares