
8x8 (EGHT) Stock Forecast & Price Target
8x8 (EGHT) Analyst Ratings
Bulls say
8x8 Inc. has demonstrated robust core service revenue growth, which, excluding Fuze-related revenue, increased nearly 6% year-over-year, marking four consecutive quarters of acceleration in this metric. The company has seen a significant shift in its revenue mix, with nearly 20% of service revenue now generated from usage-based offerings, indicating strong demand for its CPaaS APIs and AI-driven solutions, as international expansion accelerates particularly in healthcare and regulated sectors. Additionally, 8x8's impressive financial performance in Q2 2026 exceeded market expectations, allowing for share buybacks and strategic investments in research and development, further positioning the company for future growth.
Bears say
8x8 Inc has reduced its debt burden by 40% since August 2022, decreasing total borrowings from $550 million to $329 million due to enhanced operating cash flow; however, this reduction may not sufficiently address underlying concerns about market dynamics. The company faces potential pricing pressure and a failure to effectively acquire new customers in its unified communications and contact center services, which could lead to increased customer churn and undermine revenue growth. Additionally, the lowered FY27 gross margin estimate from 67.1% to 66.0% and the total revenue forecast adjustment from $730 million to $725 million reflect a more cautious outlook on the company's growth prospects, particularly regarding consumption-based pricing.
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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