
8x8 (EGHT) Stock Forecast & Price Target
8x8 (EGHT) Analyst Ratings
Bulls say
8x8 Inc has demonstrated solid core service revenue growth of nearly 6% year-over-year, marking the fourth consecutive quarter of accelerating growth, particularly when excluding Fuze-related revenue. The company has also seen a significant increase in usage-based revenue, which now constitutes 21% of overall service revenue, driven by a growing demand for CPaaS APIs and AI-powered solutions, reflecting strong market trends. Furthermore, the expansion into international markets has gained momentum, with notable increases in various sectors such as healthcare and regulated industries across Europe and APAC, contributing to overall positive financial performance.
Bears say
8x8 Inc faces significant challenges that contribute to a negative outlook on its stock, primarily due to pricing pressures in the market that may erode profitability. The company has lowered its FY27 Gross Margin estimate from 67.1% to 66.0% and its Total Revenue estimate from $730 million to $725 million, indicating concerns regarding the growth trajectory of its consumption-based pricing model. Moreover, 8x8's inability to successfully attract new customers to its unified communications and contact center services, along with the threat of increased customer churn, poses further risks to its market position amidst intense competition.
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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