
8x8 (EGHT) Stock Forecast & Price Target
8x8 (EGHT) Analyst Ratings
Bulls say
8x8 Inc's recent rapid deleveraging has equipped management with the flexibility to execute share buybacks and pursue strategic mergers and acquisitions, supporting its investment in research and development and the expansion into high-value verticals. The integration of artificial intelligence into its services has resulted in enhanced agent productivity, elevated customer satisfaction, and a subsequent boost in revenue growth. Furthermore, management's confidence in a combination of disciplined financial practices and targeted investments suggests a solid foundation for continued innovation, profitable growth, and long-term creation of shareholder value.
Bears say
8x8 Inc has significantly reduced its debt by 40% over the past year, decreasing total borrowings from $550 million to $329 million due to sustained operating cash flow; however, this financial improvement may not be sufficient to counteract broader business challenges. The company faces pricing pressure in a competitive market, which could adversely affect its revenue generation capabilities and impact overall profitability. Additionally, there are concerns regarding the ability to effectively acquire new customers for its UCaaS and CCaaS offerings, as failure to integrate clients onto its X platform may result in increased customer churn.
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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