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8x8

EGHTNASDAQ
Logo brought to you by Benzinga Data
$3.04
0.093.05%
At close: -
$3.04
00.00%
After Hours: Nov 22, 4:00 PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$18.00
Lowest Price Target1
$2.00
Consensus Price Target1
$5.06

8x8 (NASDAQ:EGHT) Stock, Analyst Ratings, Price Targets, Forecasts

8x8 Inc has a consensus price target of $5.06 based on the ratings of 14 analysts. The high is $18 issued by Baird on January 12, 2022. The low is $2 issued by Wells Fargo on November 5, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Mizuho, and Barclays on November 5, 2024, respectively. With an average price target of $2.42 between Wells Fargo, Mizuho, and Barclays, there's an implied -20.50% downside for 8x8 Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Jun
3
1
Aug
2
Oct
2
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wells Fargo
Mizuho
Barclays
Rosenblatt
B. Riley Securities

1calculated from analyst ratings

Analyst Ratings for 8x8

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FAQ

Q

What is the target price for 8x8 (EGHT) stock?

A

The latest price target for 8x8 (NASDAQ:EGHT) was reported by Wells Fargo on November 5, 2024. The analyst firm set a price target for $2.00 expecting EGHT to fall to within 12 months (a possible -34.21% downside). 18 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for 8x8 (EGHT)?

A

The latest analyst rating for 8x8 (NASDAQ:EGHT) was provided by Wells Fargo, and 8x8 maintained their underweight rating.

Q

When was the last upgrade for 8x8 (EGHT)?

A

The last upgrade for 8x8 Inc happened on November 2, 2023 when Craig-Hallum raised their price target to $4.5. Craig-Hallum previously had a hold for 8x8 Inc.

Q

When was the last downgrade for 8x8 (EGHT)?

A

The last downgrade for 8x8 Inc happened on June 14, 2024 when Morgan Stanley changed their price target from $3 to $2 for 8x8 Inc.

Q

When is the next analyst rating going to be posted or updated for 8x8 (EGHT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of 8x8, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for 8x8 was filed on November 5, 2024 so you should expect the next rating to be made available sometime around November 5, 2025.

Q

Is the Analyst Rating 8x8 (EGHT) correct?

A

While ratings are subjective and will change, the latest 8x8 (EGHT) rating was a maintained with a price target of $1.50 to $2.00. The current price 8x8 (EGHT) is trading at is $3.04, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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