
8x8 (EGHT) Stock Forecast & Price Target
8x8 (EGHT) Analyst Ratings
Bulls say
8x8 Inc. is positioned for sustainable growth due to improved profitability and an increased focus on AI and automation within its product offerings, which are anticipated to outperform the company’s historical averages. The company's strategic advantage in the Microsoft Teams ecosystem could enhance its market presence by addressing gaps within Microsoft’s portfolio, potentially leading to significant new opportunities in contact center applications. Additionally, the planned exit from the Fuze business by December 2025 is expected to facilitate a return to organic growth, supported by an anticipated increase in new product activity and mitigations against customer churn.
Bears say
8x8 Inc. faces challenges reflected in its financial projections, with service revenue anticipated to grow only 2.3% year-over-year, down from previous expectations, indicating a downward trajectory in its core offerings. Total revenue showed a decline of 1.2% year-over-year and quarter-over-quarter, falling short of consensus estimates, further exacerbated by unfavorable foreign exchange impacts. Additionally, management has flagged ongoing competition within the UCaaS sector in the U.S. and issues stemming from a legacy customer base, contributing to a negative outlook for the company's financial health.
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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