
8x8 (EGHT) Stock Forecast & Price Target
8x8 (EGHT) Analyst Ratings
Bulls say
8x8 Inc. is positioned for sustainable growth due to its improved profitability and an increasing integration of AI and automation into its product offerings, which are anticipated to surpass current revenue contributions significantly. The company's early mover advantage within the Microsoft Teams ecosystem is expected to yield new opportunities in contact center applications, thereby enhancing employee productivity and customer engagement across various communication channels. Furthermore, the planned discontinuation of the Fuze business by December 2025 is projected to facilitate a return to mild organic growth, offsetting churn while capitalizing on early signs of increased new product activity.
Bears say
8x8 Inc. is projecting a modest service revenue growth of only 2.3% year-over-year, reflecting a downward revision from previous estimates, which signals potential underlying weaknesses in demand for its services. The company reported total revenue of $178.9 million, representing a 1.2% decline both year-over-year and quarter-over-quarter, and slightly missing consensus expectations, highlighting ongoing challenges exacerbated by foreign exchange headwinds. Additionally, projected service revenue for FY25 reflects a continued downward trend, with anticipated declines indicating persistent competitive pressures and migration issues within its legacy Fuze customer base.
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