Analyst Price Target is $3.72
▲ +37.83% 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 $3.72, with a high forecast of $5.00 and a low forecast of $2.50. The average price target represents a 37.83% upside from the last price of $2.70.
Current Consensus is
Moderate Buy
The current consensus among 6 polled investment analysts is to moderate buy stock in 8X8. This Moderate Buy consensus rating has held steady for over two years.
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.
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