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NASDAQ: EGHT
8x8 Inc Stock Forecast, Predictions & Price Target

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Analyst price target for EGHT

Based on 9 analysts offering 12 month price targets for 8x8 Inc.
Min Forecast
$4.00-10.31%
Avg Forecast
$7.33+64.42%
Max Forecast
$18.00+303.59%

Should I buy or sell EGHT stock?

Based on 12 analysts offering ratings for 8x8 Inc.
Hold
Strong Buy
2 analysts 16.67%
Buy
2 analysts 16.67%
Hold
7 analysts 58.33%
Sell
0 analysts 0%
Strong Sell
1 analysts 8.33%

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EGHT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Bottom 11%
11
HoldMaintains$4.00-10.31%2022-10-31
Wells Fargo
Bottom 1%
1
Strong SellMaintains$4.00-10.31%2022-10-28
Mizuho
Bottom 3%
3
HoldMaintains$5.00+12.11%2022-10-28
Needham
Bottom 3%
3
BuyMaintains$6.00+34.53%2022-10-28
Morgan Stanley
Top 6%
95
HoldMaintains$4.00-10.31%2022-10-11
Bank of America
Bottom 16%
16
Strong BuyUpgradesN/AN/A2022-08-08
Craig-Hallum
Top 24%
77
BuyUpgradesN/AN/A2022-08-05
Oppenheimer
Top 13%
88
HoldDowngradesN/AN/A2022-08-05
MKM Partners
Bottom 31%
31
HoldInitiates Coverage On$5.50+23.32%2022-08-04
Evercore ISI Group
Bottom 28%
28
HoldDowngrades$6.00+34.53%2022-06-24

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Forecast return on equity

Is EGHT forecast to generate an efficient return?
Company
-55.33%
Industry
20.79%
Market
64.75%
EGHT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is EGHT forecast to generate an efficient return on assets?
Company
-5.48%
Industry
6.04%
EGHT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

EGHT earnings per share forecast

What is EGHT's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$0.70
Avg 2 year Forecast
-$0.67
Avg 3 year Forecast
-$0.42

EGHT revenue forecast

What is EGHT's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$757.2M+6.16%
Avg 2 year Forecast
$820.1M+14.98%
Avg 3 year Forecast
$887.0M+24.36%
EGHT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

EGHT revenue growth forecast

How is EGHT forecast to perform vs Software - Application companies and vs the US market?
Company
7.48%
Industry
14.14%
Market
6.76%
EGHT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
EGHT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

EGHT vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
EGHT$4.46$7.33+64.42%Hold
SMRT$2.48$7.10+186.29%Strong Buy
DOMO$14.84$39.75+167.86%Strong Buy
AMSWA$15.18$29.50+94.33%Strong Buy
ABST$9.99$16.00+60.16%Strong Buy

8x8 Stock Forecast FAQ

Is 8x8 Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NASDAQ: EGHT) stock is to Hold EGHT stock.

Out of 12 analysts, 2 (16.67%) are recommending EGHT as a Strong Buy, 2 (16.67%) are recommending EGHT as a Buy, 7 (58.33%) are recommending EGHT as a Hold, 0 (0%) are recommending EGHT as a Sell, and 1 (8.33%) are recommending EGHT as a Strong Sell.

If you're new to stock investing, here's how to buy 8x8 stock.

What is EGHT's earnings growth forecast for 2023-2025?

(NASDAQ: EGHT) 8x8's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 30.31%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.96%.

8x8's earnings in 2022 is -$126,835,000.On average, 4 Wall Street analysts forecast EGHT's earnings for 2023 to be -$78,181,811, with the lowest EGHT earnings forecast at -$92,701,290, and the highest EGHT earnings forecast at -$70,363,630. On average, 5 Wall Street analysts forecast EGHT's earnings for 2024 to be -$74,831,162, with the lowest EGHT earnings forecast at -$99,402,588, and the highest EGHT earnings forecast at -$55,844,151.

In 2025, EGHT is forecast to generate -$46,909,086 in earnings, with the lowest earnings forecast at -$46,909,086 and the highest earnings forecast at -$46,909,086.

What is EGHT's revenue growth forecast for 2023-2025?

(NASDAQ: EGHT) 8x8's forecast annual revenue growth rate of 7.48% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 14.14%, and while it is forecast to beat the US market's average forecast revenue growth rate of 6.76%.

8x8's revenue in 2022 is $713,255,000.On average, 5 Wall Street analysts forecast EGHT's revenue for 2023 to be $84,566,584,115, with the lowest EGHT revenue forecast at $84,272,173,754, and the highest EGHT revenue forecast at $85,167,913,928. On average, 5 Wall Street analysts forecast EGHT's revenue for 2024 to be $91,592,560,066, with the lowest EGHT revenue forecast at $89,285,638,209, and the highest EGHT revenue forecast at $95,705,705,127.

In 2025, EGHT is forecast to generate $99,064,172,338 in revenue, with the lowest revenue forecast at $97,549,678,976 and the highest revenue forecast at $100,578,665,700.

What is EGHT's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: EGHT) forecast ROA is -5.48%, which is lower than the forecast US Software - Application industry average of 6.04%.

What is EGHT's Price Target?

According to 9 Wall Street analysts that have issued a 1 year EGHT price target, the average EGHT price target is $7.33, with the highest EGHT stock price forecast at $18.00 and the lowest EGHT stock price forecast at $4.00.

On average, Wall Street analysts predict that 8x8's share price could reach $7.33 by Oct 31, 2023. The average 8x8 stock price prediction forecasts a potential upside of 64.42% from the current EGHT share price of $4.46.

What is EGHT's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: EGHT) 8x8's current Earnings Per Share (EPS) is -$1.09. On average, analysts forecast that EGHT's EPS will be -$0.70 for 2023, with the lowest EPS forecast at -$0.83, and the highest EPS forecast at -$0.63. On average, analysts forecast that EGHT's EPS will be -$0.67 for 2024, with the lowest EPS forecast at -$0.89, and the highest EPS forecast at -$0.50. In 2025, EGHT's EPS is forecast to hit -$0.42 (min: -$0.42, max: -$0.42).

What is EGHT's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: EGHT) forecast ROE is -55.33%, which is considered weak.
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