| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on 8x8 (NASDAQ:EGHT) in the last three months.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 0 | 0 | 3 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 3 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $2.22, a high estimate of $3.00, and a low estimate of $1.50. Highlighting a 22.92% decrease, the current average has fallen from the previous average price target of $2.88.
In examining recent analyst actions, we gain insights into how financial experts perceive 8x8. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Josh Nichols | B. Riley Securities | Lowers | Buy | $3.00 | $4.00 |
| Catharine Trebnick | Rosenblatt | Lowers | Buy | $2.70 | $3.30 |
| Michael Turrin | Wells Fargo | Lowers | Underweight | $1.50 | $2.00 |
| Meta Marshall | Morgan Stanley | Lowers | Underweight | $1.90 | $2.60 |
| Siti Panigrahi | Mizuho | Lowers | Underperform | $2.00 | $2.50 |
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of 8x8's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on 8x8 analyst ratings.
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8x8 Inc provides contact-center-as-a-service and unified-communications-as-a-service software applications to approximately 2.5 million users. The company's unified platform enables omnichannel communication to assist employees in communicating across voice, video, text, chat, and contact centers. The Company also generates revenue from sales of hardware and professional services, which are complementary to the delivery of its integrated technology platform.. Geographically, it derives a majority of revenue from the United States.
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Challenges: 8x8's revenue growth over 3M faced difficulties. As of 31 December, 2024, the company experienced a decline of approximately -1.17%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: 8x8's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 1.69%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): 8x8's ROE stands out, surpassing industry averages. With an impressive ROE of 2.71%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): 8x8's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.42%, the company showcases efficient use of assets and strong financial health.
Debt Management: 8x8's debt-to-equity ratio stands notably higher than the industry average, reaching 3.77. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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