• Consensus Rating: Hold
  • Consensus Price Target: $11.54
  • Forecasted Upside: 135.00 %
  • Number of Analysts: 14
  • Breakdown:
  • 1 Sell Ratings
  • 7 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$4.91
▲ +0.28 (6.05%)

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 $11.54
▲ +135.00% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for 8X8 in the last 3 months. The average price target is $11.54, with a high forecast of $42.00 and a low forecast of $5.00. The average price target represents a 135.00% upside from the last price of $4.91.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 14 contributing investment analysts is to hold stock in 8X8. This Hold 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
  • 6 buy ratings
  • 7 hold ratings
  • 1 sell ratings
2/16/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 6 hold ratings
  • 1 sell ratings
5/17/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 1 sell ratings
8/15/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 1 sell ratings
11/13/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 1 sell ratings
2/11/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 1 sell ratings
5/12/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 1 sell ratings
7/11/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 7 hold ratings
  • 1 sell ratings
8/10/2022

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 7 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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 Price Target$13.50 ➝ $10.00Low
7/28/2022William BlairReiterated RatingOutperformLow
7/28/2022Bank of AmericaLower Price TargetNeutral$10.00 ➝ $7.00Low
7/28/2022Needham & Company LLCLower Price TargetBuy$13.00 ➝ $8.00Low
7/28/2022Wells Fargo & CompanyLower Price TargetUnderweight$8.00 ➝ $5.00Low
7/28/2022BTIG ResearchDowngradeBuy ➝ NeutralLow
7/25/2022BarclaysLower Price TargetEqual Weight$10.00 ➝ $6.00Low
7/14/2022Morgan StanleyLower Price TargetEqual Weight$11.00 ➝ $6.50Low
6/24/2022Evercore ISIReiterated RatingOutperform ➝ Neutral$6.00Low
5/11/2022Needham & Company LLCLower Price Target$22.00 ➝ $13.00High
5/11/2022Craig HallumLower Price Target$20.00 ➝ $10.00High
5/11/2022Evercore ISILower Price Target$30.00 ➝ $18.00High
5/11/2022BTIG ResearchLower Price Target$36.00 ➝ $16.00High
5/11/2022MizuhoLower Price Target$15.00 ➝ $10.00High
5/11/2022B. RileyUpgradeNeutral ➝ Buy$13.50High
4/26/2022BarclaysLower Price TargetEqual Weight$17.00 ➝ $10.00High
3/15/2022Wells Fargo & CompanyLower Price TargetUnderweight$15.00 ➝ $11.00High
2/22/2022Morgan StanleyLower Price TargetEqual Weight$18.00 ➝ $16.00High
2/3/2022Craig HallumLower Price Target$25.00 ➝ $20.00High
2/3/2022B. RileyLower Price Target$19.00 ➝ $17.50High
2/3/2022Needham & Company LLCLower Price TargetBuy$32.00 ➝ $22.00High
1/28/2022Bank of AmericaInitiated CoverageBuy ➝ Buy$18.00High
1/28/2022MizuhoLower Price Target$20.00 ➝ $15.00Medium
1/26/2022Wells Fargo & CompanyLower Price TargetUnderweight$17.00 ➝ $15.00High
1/24/2022BarclaysLower Price TargetEqual Weight$25.00 ➝ $17.00High
1/12/2022Robert W. BairdDowngradeOutperform ➝ Neutral$32.00 ➝ $18.00Low
12/13/2021Wells Fargo & CompanyLower Price TargetUnderweight$20.00 ➝ $17.00High
12/2/2021Craig HallumLower Price TargetHold$30.00 ➝ $25.00Medium
12/2/2021B. RileyLower Price 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 Price 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 Price TargetBuy$22.00 ➝ $45.00High
1/25/2021Rosenblatt SecuritiesBoost Price TargetNeutral$18.00 ➝ $35.00Medium
1/25/2021B. RileyBoost Price TargetNeutral$25.00 ➝ $32.50Medium
1/21/2021Morgan StanleyBoost Price TargetEqual Weight$33.00 ➝ $35.00High
1/19/2021BTIG ResearchBoost Price TargetBuy$35.00 ➝ $44.00High
1/5/2021Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$17.00 ➝ $25.00N/A
12/23/2020Needham & Company LLCBoost Price TargetBuy$35.00 ➝ $40.00N/A
12/17/2020Northland SecuritiesReiterated RatingBuy$23.00 ➝ $36.00Low
12/16/2020MizuhoBoost Price TargetNeutral$17.00 ➝ $25.00Low
12/11/2020Needham & Company LLCBoost Price TargetBuy$21.00 ➝ $35.00High
12/11/2020B. RileyBoost Price TargetNeutral$15.25 ➝ $25.00High
10/29/2020Craig HallumUpgradeHold ➝ Buy$22.00High
10/29/2020Rosenblatt SecuritiesBoost Price 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 Price 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 Price TargetNeutral$19.00 ➝ $15.00Medium
6/9/2020Morgan StanleyLower Price TargetEqual Weight$21.00 ➝ $17.00High
5/19/2020Needham & Company LLCReiterated RatingBuy$25.00Medium
5/13/2020Morgan StanleyBoost Price TargetEqual Weight$20.00 ➝ $21.00High
5/13/2020Craig HallumLower Price TargetHold$25.00 ➝ $22.00High
5/13/2020Northland SecuritiesLower Price TargetOutperform$29.00 ➝ $23.00High
5/13/2020Wells Fargo & CompanyLower Price TargetEqual Weight$21.00 ➝ $20.00High
5/13/2020Robert W. BairdLower Price TargetOutperform$29.00 ➝ $23.00High
5/13/2020BTIG ResearchBoost Price TargetBuy$20.00 ➝ $23.00High
5/13/2020B. RileyLower Price TargetSell$13.00 ➝ $12.00High
5/13/2020OppenheimerReiterated RatingBuy$29.00High
4/22/2020Needham & Company LLCLower Price TargetBuy$26.00 ➝ $25.00Medium
4/19/2020BTIG ResearchInitiated CoverageBuyMedium
4/15/2020Rosenblatt SecuritiesLower Price TargetNeutral$21.00 ➝ $19.00Medium
4/13/2020BTIG ResearchInitiated CoverageBuyHigh
3/26/2020B. RileyDowngradeNeutral ➝ Sell$18.50 ➝ $13.00High
3/25/2020Morgan StanleyLower Price 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 Price TargetBuy$30.00Low
7/31/2019OppenheimerSet Price TargetBuy$29.00Low
7/31/2019Bank of AmericaBoost Price TargetNeutral ➝ Neutral$25.00 ➝ $28.00High
7/31/2019Dougherty & CoUpgradeNeutral ➝ BuyHigh
7/31/2019Morgan StanleyBoost Price 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 Price TargetBuy ➝ Buy$25.00 ➝ $28.00Low
7/18/2019Northland SecuritiesReiterated RatingBuy$28.00Low
5/15/2019Bank of AmericaBoost Price 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
3/25/2019Rosenblatt SecuritiesReiterated RatingBuy$22.50Low
3/11/2019GuggenheimInitiated CoverageNeutral ➝ Neutral$20.00Low
1/31/2019Rosenblatt SecuritiesReiterated RatingBuy$22.50Low
1/30/2019Needham & Company LLCLower Price TargetBuy$23.00 ➝ $22.00High
1/3/2019StephensInitiated CoverageOverweightHigh
12/20/2018Rosenblatt SecuritiesInitiated CoverageBuy$24.00High
10/30/2018Bank of AmericaSet Price TargetHold$23.00High
10/30/2018Needham & Company LLCReiterated RatingBuy ➝ Buy$25.00 ➝ $23.00Medium
10/30/2018Summit InsightsReiterated RatingHoldMedium
10/10/2018William BlairInitiated CoverageOutperformMedium
7/30/2018B. RileyBoost Price TargetNeutral ➝ Neutral$16.00 ➝ $22.00Low
7/27/2018Needham & Company LLCReiterated RatingBuy$25.00N/A
7/11/2018Stifel NicolausInitiated CoverageBuy$25.00High
6/2/2018Bank of AmericaReiterated RatingNeutralLow
5/25/2018Bank of AmericaDowngradeBuy ➝ Neutral$22.00 ➝ $23.00High
5/16/2018William BlairReiterated RatingHoldLow
4/27/2018Morgan StanleySet Price TargetOverweight ➝ Buy$19.00 ➝ $24.00Low
4/19/2018CIBCInitiated CoverageOutperform ➝ OutperformHigh
4/19/2018OppenheimerInitiated CoverageOutperform$25.00High
3/16/2018Needham & Company LLCReiterated RatingBuy ➝ Buy$19.00 ➝ $22.00High
1/26/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$19.00 ➝ $22.00Low
1/26/2018Needham & Company LLCReiterated RatingBuy ➝ Buy$16.00 ➝ $19.00High
1/26/2018B. RileyBoost Price TargetNeutral$14.00 ➝ $16.00High
1/26/2018Robert W. BairdReiterated RatingBuy$21.00High
1/23/2018William BlairReiterated RatingHoldHigh
1/23/2018B. RileyReiterated RatingNeutral ➝ Hold$14.00 ➝ $14.00Low
1/17/2018Morgan StanleyUpgradeEqual Weight ➝ Overweight$19.00High
11/17/2017William BlairReiterated RatingHoldN/A
11/17/2017Robert W. BairdReiterated RatingBuy$17.00N/A
10/27/2017Summit RedstoneDowngradeBuy ➝ HoldN/A
10/24/2017B. RileyReiterated RatingHold$14.00N/A
(Data available from 8/10/2017 forward)

News Sentiment Rating

0.21 (Hold)

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
  • 5 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/12/2022
  • 2 very positive mentions
  • 21 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
2/11/2022
  • 7 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/13/2022
  • 1 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
4/12/2022
  • 1 very positive mentions
  • 16 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
5/12/2022
  • 1 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/11/2022
  • 3 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
7/11/2022
  • 8 very positive mentions
  • 29 positive mentions
  • 12 negative mentions
  • 0 very negative mentions
8/10/2022

Current Sentiment

  • 8 very positive mentions
  • 29 positive mentions
  • 12 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.
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. The company offers unified communications, team collaboration, video conferencing, contact center, data and analytics, communication APIs, and other services. 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 search engine marketing and optimization, third-party lead generation sources, industry conferences, trade shows, Webinars, and digital advertising channels, as well as direct sales organization. The company was incorporated in 1987 and is headquartered in Campbell, California.
Read More

Today's Range

Now: $4.91
Low: $4.73
High: $4.94

50 Day Range

MA: $5.53
Low: $4.36
High: $7.69

52 Week Range

Now: $4.91
Low: $4.22
High: $25.99

Volume

15,889 shs

Average Volume

1,938,998 shs

Market Capitalization

$589.03 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.1

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 year: B. Riley, Bank of America Co., Barclays PLC, BTIG Research, Colliers Securities, Craig Hallum, Evercore ISI, Mizuho, MKM Partners, Morgan Stanley, Needham & Company LLC, Oppenheimer Holdings Inc., Robert W. Baird, Wells Fargo & Company, and William Blair.
View the latest analyst ratings for EGHT.

What is the current price target for 8X8?

13 Wall Street analysts have set twelve-month price targets for 8X8 in the last year. Their average twelve-month price target is $11.54, suggesting a possible upside of 149.2%. Colliers Securities has the highest price target set, predicting EGHT will reach $42.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $5.00 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 1 sell rating, 7 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in EGHT, but not buy more shares or sell existing shares.
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 technology 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.