• Consensus Rating: Moderate Buy
  • Consensus Price Target: $3.68
  • Forecasted Upside: 68.74%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$2.18
▲ +0.03 (1.40%)

This chart shows the closing price for EGHT by one month, three months, or twelve months.

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Analyst Price Target for EGHT

Analyst Price Target is $3.68
▲ +68.74% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for 8X8 in the last 3 months. The average price target is $3.68, with a high forecast of $5.00 and a low forecast of $2.50. The average price target represents a 68.74% upside from the last price of $2.18.

This chart shows the closing price for EGHT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 6 contributing investment analysts is to moderate buy stock in 8X8. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/27/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/25/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/25/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/24/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/22/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/20/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/20/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/19/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/17/2024Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$3.80 ➝ $3.00Low
3/18/2024Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$4.00Low
2/1/2024Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$4.00Low
2/1/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$5.00Low
1/18/2024Rosenblatt SecuritiesLower TargetBuy ➝ Buy$4.50 ➝ $4.00Low
11/2/2023Needham & Company LLCLower TargetBuy ➝ Buy$6.00 ➝ $5.00Low
11/2/2023BarclaysLower TargetEqual Weight ➝ Equal Weight$4.00 ➝ $2.50Low
11/2/2023Craig HallumUpgradeHold ➝ Buy$4.50Low
10/19/2023Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$4.00 ➝ $3.30Low
9/20/2023Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$5.00Low
8/28/2023Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$5.00Low
8/14/2023MizuhoLower TargetNeutral ➝ Neutral$5.00 ➝ $3.75Low
8/10/2023Needham & Company LLCLower TargetBuy ➝ Buy$7.00 ➝ $6.00Low
8/9/2023Rosenblatt SecuritiesLower TargetBuy ➝ Buy$6.00 ➝ $5.00Low
8/9/2023Craig HallumDowngradeBuy ➝ Hold$7.00 ➝ $4.00Low
8/3/2023Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$6.00Low
5/12/2023Wells Fargo & CompanyLower Target$4.50 ➝ $3.00Low
5/12/2023BarclaysLower Target$5.00 ➝ $4.00Low
3/23/2023Rosenblatt SecuritiesInitiated CoverageBuy$6.00Low
2/2/2023Roth CapitalReiterated RatingNeutralLow
2/2/2023Wells Fargo & CompanyBoost TargetUnderweight$4.00 ➝ $4.50Low
2/2/2023Needham & Company LLCBoost TargetBuy$6.00 ➝ $7.00Low
2/2/2023Morgan StanleyBoost TargetEqual Weight$4.50 ➝ $5.40Low
12/14/2022Morgan StanleyBoost TargetEqual Weight$4.00 ➝ $4.50Low
12/14/2022WedbushInitiated CoverageNeutral$7.00Low
11/1/2022Northland SecuritiesLower Target$8.00Low
10/28/2022Needham & Company LLCLower TargetBuy$8.00 ➝ $6.00Low
10/28/2022Wells Fargo & CompanyLower TargetUnderweight$5.00 ➝ $4.00Low
10/28/2022BarclaysLower TargetEqual Weight$5.00 ➝ $4.00Low
10/28/2022MizuhoLower TargetNeutral$6.00 ➝ $5.00Low
10/11/2022Morgan StanleyLower TargetEqual Weight$6.50 ➝ $4.00Low
8/8/2022Bank of AmericaUpgradeNeutral ➝ BuyLow
8/5/2022Craig HallumUpgradeHold ➝ BuyLow
8/5/2022OppenheimerDowngradeOutperform ➝ Market PerformLow
8/4/2022MKM PartnersInitiated CoverageNeutral$5.50Low
7/29/2022B. RileyLower Target$13.50 ➝ $10.00Low
7/28/2022William BlairReiterated RatingOutperformLow
7/28/2022Bank of AmericaLower TargetNeutral$10.00 ➝ $7.00Low
7/28/2022Needham & Company LLCLower TargetBuy$13.00 ➝ $8.00Low
7/28/2022Wells Fargo & CompanyLower TargetUnderweight$8.00 ➝ $5.00Low
7/28/2022BTIG ResearchDowngradeBuy ➝ NeutralLow
7/25/2022BarclaysLower TargetEqual Weight$10.00 ➝ $6.00Low
7/14/2022Morgan StanleyLower TargetEqual Weight$11.00 ➝ $6.50Low
6/24/2022Evercore ISIReiterated RatingOutperform ➝ Neutral$6.00Low
5/11/2022Needham & Company LLCLower Target$22.00 ➝ $13.00High
5/11/2022Craig HallumLower Target$20.00 ➝ $10.00High
5/11/2022Evercore ISILower Target$30.00 ➝ $18.00High
5/11/2022BTIG ResearchLower Target$36.00 ➝ $16.00High
5/11/2022MizuhoLower Target$15.00 ➝ $10.00High
5/11/2022B. RileyUpgradeNeutral ➝ Buy$13.50High
4/26/2022BarclaysLower TargetEqual Weight$17.00 ➝ $10.00High
3/15/2022Wells Fargo & CompanyLower TargetUnderweight$15.00 ➝ $11.00High
2/22/2022Morgan StanleyLower TargetEqual Weight$18.00 ➝ $16.00High
2/3/2022Craig HallumLower Target$25.00 ➝ $20.00High
2/3/2022B. RileyLower Target$19.00 ➝ $17.50High
2/3/2022Needham & Company LLCLower TargetBuy$32.00 ➝ $22.00High
1/28/2022Bank of AmericaInitiated CoverageBuy ➝ Buy$18.00High
1/28/2022MizuhoLower Target$20.00 ➝ $15.00Medium
1/26/2022Wells Fargo & CompanyLower TargetUnderweight$17.00 ➝ $15.00High
1/24/2022BarclaysLower TargetEqual Weight$25.00 ➝ $17.00High
1/12/2022Robert W. BairdDowngradeOutperform ➝ Neutral$32.00 ➝ $18.00Low
12/13/2021Wells Fargo & CompanyLower TargetUnderweight$20.00 ➝ $17.00High
12/2/2021Craig HallumLower TargetHold$30.00 ➝ $25.00Medium
12/2/2021B. RileyLower TargetNeutral$25.00 ➝ $19.00High
11/3/2021B. RileyReiterated RatingNeutralHigh
11/3/2021Needham & Company LLCReiterated RatingBuy$32.00High
10/20/2021BarclaysInitiated CoverageEqual Weight$25.00High
9/1/2021Colliers SecuritiesReiterated RatingBuy$42.00Medium
8/5/2021Colliers SecuritiesReiterated RatingBuy$42.00High
7/26/2021Colliers SecuritiesReiterated RatingBuy$42.00Low
6/21/2021Needham & Company LLCInitiated CoverageBuy$32.00Medium
5/17/2021Craig HallumReiterated RatingBuy ➝ HoldN/A
5/14/2021Morgan StanleyLower TargetEqual Weight$35.00 ➝ $30.00Low
5/13/2021Evercore ISIReiterated RatingBuyLow
5/11/2021B. RileyReiterated RatingNeutral$32.50 ➝ $25.00High
5/11/2021Craig HallumDowngradeBuy ➝ HoldHigh
4/20/2021Bank of AmericaInitiated CoverageNeutral$39.00High
1/29/2021Craig HallumBoost TargetBuy$22.00 ➝ $45.00High
1/25/2021Rosenblatt SecuritiesBoost TargetNeutral$18.00 ➝ $35.00Medium
1/25/2021B. RileyBoost TargetNeutral$25.00 ➝ $32.50Medium
1/21/2021Morgan StanleyBoost TargetEqual Weight$33.00 ➝ $35.00High
1/19/2021BTIG ResearchBoost TargetBuy$35.00 ➝ $44.00High
1/5/2021Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$17.00 ➝ $25.00N/A
12/23/2020Needham & Company LLCBoost TargetBuy$35.00 ➝ $40.00N/A
12/17/2020Northland SecuritiesReiterated RatingBuy$23.00 ➝ $36.00Low
12/16/2020MizuhoBoost TargetNeutral$17.00 ➝ $25.00Low
12/11/2020Needham & Company LLCBoost TargetBuy$21.00 ➝ $35.00High
12/11/2020B. RileyBoost TargetNeutral$15.25 ➝ $25.00High
10/29/2020Craig HallumUpgradeHold ➝ Buy$22.00High
10/29/2020Rosenblatt SecuritiesBoost TargetNeutral$17.50 ➝ $18.00High
10/29/2020B. RileyUpgradeSell ➝ Neutral$12.00 ➝ $15.25High
10/29/2020Summit InsightsUpgradeHold ➝ Buy$24.00High
10/9/2020MizuhoInitiated CoverageNeutral$17.00Low
8/20/2020Evercore ISIInitiated CoverageOutperform$23.00Low
8/12/2020OppenheimerInitiated CoverageBuy$29.00Low
7/31/2020StephensReiterated RatingBuyHigh
7/30/2020OppenheimerReiterated RatingBuy$29.00High
7/27/2020Rosenblatt SecuritiesBoost TargetNeutral$15.00 ➝ $17.50Medium
6/19/2020Northland SecuritiesInitiated CoverageBuy$23.00Medium
6/10/2020Northland SecuritiesReiterated RatingBuy$23.00Low
6/10/2020StephensReiterated RatingBuyLow
6/10/2020Rosenblatt SecuritiesLower TargetNeutral$19.00 ➝ $15.00Medium
6/9/2020Morgan StanleyLower TargetEqual Weight$21.00 ➝ $17.00High
5/19/2020Needham & Company LLCReiterated RatingBuy$25.00Medium
5/13/2020Morgan StanleyBoost TargetEqual Weight$20.00 ➝ $21.00High
5/13/2020Craig HallumLower TargetHold$25.00 ➝ $22.00High
5/13/2020Northland SecuritiesLower TargetOutperform$29.00 ➝ $23.00High
5/13/2020Wells Fargo & CompanyLower TargetEqual Weight$21.00 ➝ $20.00High
5/13/2020Robert W. BairdLower TargetOutperform$29.00 ➝ $23.00High
5/13/2020BTIG ResearchBoost TargetBuy$20.00 ➝ $23.00High
5/13/2020B. RileyLower TargetSell$13.00 ➝ $12.00High
5/13/2020OppenheimerReiterated RatingBuy$29.00High
4/22/2020Needham & Company LLCLower TargetBuy$26.00 ➝ $25.00Medium
4/19/2020BTIG ResearchInitiated CoverageBuyMedium
4/15/2020Rosenblatt SecuritiesLower TargetNeutral$21.00 ➝ $19.00Medium
4/13/2020BTIG ResearchInitiated CoverageBuyHigh
3/26/2020B. RileyDowngradeNeutral ➝ Sell$18.50 ➝ $13.00High
3/25/2020Morgan StanleyLower TargetEqual Weight$23.00 ➝ $20.00High
2/26/2020StephensReiterated RatingBuy$27.00High
2/24/2020Needham & Company LLCReiterated RatingBuy$26.00Medium
2/4/2020StephensReiterated RatingBuy$27.00Medium
1/27/2020Wells Fargo & CompanyInitiated CoverageEqual Weight$20.00Low
1/22/2020Rosenblatt SecuritiesReiterated RatingHold$21.00Low
1/13/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$28.00 ➝ $23.00High
10/31/2019StephensReiterated RatingBuy$27.00High
10/31/2019Summit InsightsUpgradeHold ➝ BuyHigh
10/24/2019B. RileyUpgradeSell ➝ Neutral$18.50High
9/30/2019Bank of AmericaDowngradeNeutral ➝ Underperform$21.00Medium
9/22/2019Northland SecuritiesReiterated RatingBuy$29.00Low
7/31/2019Stifel NicolausSet TargetBuy$30.00Low
7/31/2019OppenheimerSet TargetBuy$29.00Low
7/31/2019Bank of AmericaBoost TargetNeutral ➝ Neutral$25.00 ➝ $28.00High
7/31/2019Dougherty & CoUpgradeNeutral ➝ BuyHigh
7/31/2019Morgan StanleyBoost TargetOverweight$26.00 ➝ $28.00High
7/31/2019B. RileyDowngradeNeutral ➝ Sell$17.50 ➝ $18.50High
7/24/2019Rosenblatt SecuritiesReiterated RatingBuy ➝ Neutral$22.50 ➝ $27.00Medium
7/18/2019Craig HallumReiterated RatingHold$19.00 ➝ $25.00Low
7/18/2019Needham & Company LLCBoost TargetBuy ➝ Buy$25.00 ➝ $28.00Low
7/18/2019Northland SecuritiesReiterated RatingBuy$28.00Low
5/15/2019Bank of AmericaBoost TargetNeutral$23.00 ➝ $25.00High
5/15/2019Needham & Company LLCReiterated RatingBuy ➝ Buy$22.00 ➝ $25.00Medium
5/15/2019Dougherty & CoDowngradeBuy ➝ Neutral$21.95Medium
5/14/2019StephensReiterated RatingBuy$27.00High
(Data available from 4/19/2019 forward)

News Sentiment Rating

1.04 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 7 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
9/22/2023
  • 0 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/22/2023
  • 5 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/21/2023
  • 6 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/21/2023
  • 5 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/20/2024
  • 14 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
2/19/2024
  • 10 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/20/2024
  • 7 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/19/2024

Current Sentiment

  • 7 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8X8 logo
8x8, Inc. provides voice, video, chat, contact center, and enterprise-class application programmable interface (API) Software-as-a-Service solutions for small and mid-size businesses, mid-market and larger enterprises, government agencies, and other organizations worldwide. It provides 8x8 Work, a self-contained end-to-end united communications solution that delivers enterprise voice with public switched telephone network connectivity, video meetings, and unified messaging, as well as direct messages, public and private team messaging rooms, and short and multimedia services; 8x8 Contact Center, a multi-channel cloud-based contact center solution; and 8x8 CPaaS, a set of global communications Platform-as-a-Service. The company also offers and X1 through X4 and X5 through X8, which provide enterprise-grade voice, unified communications, and video meetings and team collaboration, and contact center solutions. It markets its services to end users through industry conferences, trade shows, Webinars, and digital advertising channels. The company was incorporated in 1987 and is headquartered in Campbell, California.
Read More

Today's Range

Now: $2.18
Low: $2.12
High: $2.20

50 Day Range

MA: $2.64
Low: $2.15
High: $3.15

52 Week Range

Now: $2.18
Low: $2.12
High: $4.88

Volume

963,438 shs

Average Volume

1,459,799 shs

Market Capitalization

$269.06 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.46

Frequently Asked Questions

What sell-side analysts currently cover shares of 8X8?

The following sell-side analysts have issued reports on 8X8 in the last twelve months: Barclays PLC, Craig Hallum, Mizuho, Morgan Stanley, Needham & Company LLC, Rosenblatt Securities, StockNews.com, and Wells Fargo & Company.
View the latest analyst ratings for EGHT.

What is the current price target for 8X8?

7 Wall Street analysts have set twelve-month price targets for 8X8 in the last year. Their average twelve-month price target is $3.68, suggesting a possible upside of 68.7%. Needham & Company LLC has the highest price target set, predicting EGHT will reach $5.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $2.50 for 8X8 in the next year.
View the latest price targets for EGHT.

What is the current consensus analyst rating for 8X8?

8X8 currently has 3 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for EGHT.

What other companies compete with 8X8?

How do I contact 8X8's investor relations team?

8X8's physical mailing address is 675 Creekside Way, Campbell CA, 95008. The company's listed phone number is (408) 727-1885 and its investor relations email address is [email protected]. The official website for 8X8 is www.8x8.com. Learn More about contacing 8X8 investor relations.