$2.32
0[0.00%]
At close: Apr 23
$2.32
0[0.00%]
PreMarket: 4:00PM EDT
8x8 Stock (NASDAQ:EGHT), Analyst Ratings, Price Targets, Predictions
8x8 Inc has a consensus price target of $7.05, established from looking at the 64 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, Rosenblatt, and Needham on April 17, 2024, March 18, 2024, and February 1, 2024. With an average price target of $4 between Morgan Stanley, Rosenblatt, and Needham, there's an implied 72.41% upside for 8x8 Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Morgan Stanley
Rosenblatt
Needham
Barclays
Craig-Hallum
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for 8x8
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/17/2024 | EGHT | Buy Now | 8x8 | $2.32 | 29.31% | Morgan Stanley | Meta Marshall | $3.8 → $3 | Maintains | Equal-Weight | Get Alert |
| 03/18/2024 | EGHT | Buy Now | 8x8 | $2.32 | 72.41% | Rosenblatt | Catharine Trebnick | → $4 | Reiterates | Buy → Buy | Get Alert |
| 02/01/2024 | EGHT | Buy Now | 8x8 | $2.32 | 115.52% | Needham | Ryan Koontz | → $5 | Reiterates | Buy → Buy | Get Alert |
| 02/01/2024 | EGHT | Buy Now | 8x8 | $2.32 | 72.41% | Rosenblatt | Catharine Trebnick | → $4 | Reiterates | Buy → Buy | Get Alert |
| 01/18/2024 | EGHT | Buy Now | 8x8 | $2.32 | 72.41% | Rosenblatt | Catharine Trebnick | $4.5 → $4 | Maintains | Buy | Get Alert |
| 11/02/2023 | EGHT | Buy Now | 8x8 | $2.32 | 7.76% | Barclays | Ryan Macwilliams | $4 → $2.5 | Maintains | Equal-Weight | Get Alert |
| 11/02/2023 | EGHT | Buy Now | 8x8 | $2.32 | 93.97% | Craig-Hallum | George Sutton | $4.5 → $4.5 | Upgrade | Hold → Buy | Get Alert |
| 11/02/2023 | EGHT | Buy Now | 8x8 | $2.32 | 115.52% | Needham | Ryan Koontz | $6 → $5 | Maintains | Buy | Get Alert |
| 10/19/2023 | EGHT | Buy Now | 8x8 | $2.32 | 42.24% | Morgan Stanley | Meta Marshall | $4 → $3.5 | Maintains | Equal-Weight | Get Alert |
| 09/20/2023 | EGHT | Buy Now | 8x8 | $2.32 | 115.52% | Rosenblatt | Catharine Trebnick | → $5 | Reiterates | Buy → Buy | Get Alert |
| 08/28/2023 | EGHT | Buy Now | 8x8 | $2.32 | 115.52% | Rosenblatt | Catharine Trebnick | → $5 | Reiterates | Buy → Buy | Get Alert |
| 08/14/2023 | EGHT | Buy Now | 8x8 | $2.32 | 61.64% | Mizuho | Siti Panigrahi | $5 → $3.75 | Maintains | Neutral | Get Alert |
| 08/10/2023 | EGHT | Buy Now | 8x8 | $2.32 | 158.62% | Needham | Ryan Koontz | $7 → $6 | Maintains | Buy | Get Alert |
| 08/09/2023 | EGHT | Buy Now | 8x8 | $2.32 | 72.41% | Craig-Hallum | George Sutton | $7 → $4 | Downgrade | Buy → Hold | Get Alert |
| 08/09/2023 | EGHT | Buy Now | 8x8 | $2.32 | 115.52% | Rosenblatt | Catharine Trebnick | $6 → $5 | Maintains | Buy | Get Alert |
| 08/03/2023 | EGHT | Buy Now | 8x8 | $2.32 | 158.62% | Rosenblatt | Catharine Trebnick | → $6 | Reiterates | Buy → Buy | Get Alert |
| 06/22/2023 | EGHT | Buy Now | 8x8 | $2.32 | 158.62% | Rosenblatt | Catharine Trebnick | → $6 | Reiterates | Buy → Buy | Get Alert |
| 05/19/2023 | EGHT | Buy Now | 8x8 | $2.32 | 201.72% | Needham | Ryan Koontz | → $7 | Reiterates | Buy → Buy | Get Alert |
| 05/12/2023 | EGHT | Buy Now | 8x8 | $2.32 | 201.72% | Wedbush | Taz Koujalgi | → $7 | Reiterates | Neutral → Neutral | Get Alert |
FAQ
What is the target price for 8x8 (EGHT)?
The latest price target for 8x8 (NASDAQ: EGHT) was reported by Morgan Stanley on April 17, 2024. The analyst firm set a price target for $3.00 expecting EGHT to rise to within 12 months (a possible 29.31% upside). 25 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for 8x8 (EGHT)?
The latest analyst rating for 8x8 (NASDAQ: EGHT) was provided by Morgan Stanley, and 8x8 maintained their equal-weight rating.
When was the last upgrade for 8x8 (EGHT)?
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.
When was the last downgrade for 8x8 (EGHT)?
The last downgrade for 8x8 Inc happened on August 9, 2023 when Craig-Hallum changed their price target from $7 to $4 for 8x8 Inc.
When is the next analyst rating going to be posted or updated for 8x8 (EGHT)?
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 April 17, 2024 so you should expect the next rating to be made available sometime around April 17, 2025.
Is the Analyst Rating 8x8 (EGHT) correct?
While ratings are subjective and will change, the latest 8x8 (EGHT) rating was a maintained with a price target of $3.80 to $3.00. The current price 8x8 (EGHT) is trading at is $2.32, which is out of the analyst’s predicted range.
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