La cadena de opciones muestra datos clave de las opciones de acciones de 8x8 a varios precios de ejercicio y fechas de vencimiento. Los operadores utilizan esta información para analizar posibles operaciones y evaluar el sentimiento del mercado para 8x8..

8x8 (NASDAQ:EGHT) Bolsa, Cadena de Opciones

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.

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Descubre las acciones de tecnología infravaloradas con un RSI bajo, incluidas Ouster, Smith Micro y 8x8. ¿Es el momento de invertir?

3 acciones de tecnología que podrían rescatar tu cartera este trimestre

8x8 Inc

In the last three months, 7 analysts have published ratings on 8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>), offering a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">3</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $2.84, a high estimate of $4.00, and a low estimate of $2.00. A 8.68% drop is evident in the current average compared to the previous average price target of $3.11. 
<img src="https://www.benzinga.com/files/images/story/2024/1734548409_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of 8x8 among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Meta Marshall</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Underweight</td>
<td>$2.60</td>
<td>$2.00</td>
</tr>
<tr>
<td>Siti Panigrahi</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$2.50</td>
<td>$2.75</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$2.00</td>
<td>$1.50</td>
</tr>
<tr>
<td>Siti Panigrahi</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$2.75</td>
<td>$2.50</td>
</tr>
<tr>
<td>Ryan Macwilliams</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$2.50</td>
<td>$2.00</td>
</tr>
<tr>
<td>Catharine Trebnick</td>
<td>Rosenblatt</td>
<td>Lowers</td>
<td>Buy</td>
<td>$3.50</td>
<td>$4.00</td>
</tr>
<tr>
<td>Josh Nichols</td>
<td>B. Riley Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$4.00</td>
<td>$7.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to 8x8. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of 8x8 compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of 8x8's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of 8x8's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/EGHT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on 8x8 analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>All You Need to Know About 8x8</h2>
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.
<h3>Financial Insights: 8x8</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Negative Revenue Trend: Examining 8x8's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -2.16% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: 8x8's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -8.03%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -13.57%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): 8x8's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -1.94%, the company may face hurdles in achieving optimal financial returns.
Debt Management: With a high debt-to-equity ratio of 4.2, 8x8 faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
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 also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

A Glimpse Into The Expert Outlook On 8x8 Through 7 Analysts

WIIM

8x8 shares are trading higher after Morgan Stanley raised its price target on the stock from $2 to $2.6.

Morgan Stanley analyst Meta Marshall maintains 8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) with a Underweight and raises the price target from $2 to $2.6.

Price Target

Morgan Stanley Maintains Underweight on 8x8, Raises Price Target to $2.6

8x8 shares are trading lower after Mizuho downgraded the stock from Neutral to Underperform and cut its price target from $2.75 to $2.5.

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 150 points on Friday.
Shares of Candel Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CADL#NASDAQ">CADL</a>) fell sharply in today's pre-market trading after the company announced the <a href="https://www.benzinga.com/quote/CADL/news">pricing of public offering</a>.
Candel Therapeutics shares dipped 30.9% to $6.77 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Alumis Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALMS#NASDAQ">ALMS</a>) shares declined 6.1% to $8.20 in pre-market trading.</li>
<li>Savers Value Village, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SVV#NYSE">SVV</a>) fell 6.1% to $9.01 in pre-market trading.</li>
<li>8&#215;8, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) fell 4.5% to $2.98 in pre-market trading. Mizuho analyst Siti Panigrahi downgraded 8&#215;8 from Neutral to Underperform and lowered the price target from $2.75 to $2.5.</li>
<li>Bicycle Therapeutics plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCYC#NASDAQ">BCYC</a>) shares declined 4.1% to $19.30 in pre-market trading. On Thursday, Bicycle Therapeutics announced that it presented data showing the enhanced anti-tumor activity of zelenectide pevedotin monotherapy in breast cancer patients with NECTIN4 gene amplification at the 2024 San Antonio Breast Conference Symposium.</li>
<li>CECO Environmental Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CECO#NASDAQ">CECO</a>) fell 3.1% to $31.71 in pre-market trading.</li>
<li>Montrose Environmental Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEG#NYSE">MEG</a>) fell 2.3% to $15.77 in pre-market trading.</li>
</ul>
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Candel Therapeutics, 8x8 And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Mizuho analyst Siti Panigrahi downgrades 8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) from Neutral to Underperform and lowers the price target from $2.75 to $2.5.

Downgrades

Mizuho Downgrades 8x8 to Underperform, Lowers Price Target to $2.5

U.S. stock futures were lower this morning, with the Dow futures falling around 50 points on Friday.
Shares of Smith &amp; Wesson Brands, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWBI#NASDAQ">SWBI</a>) fell sharply in today's pre-market trading after the company reported <a href="https://www.benzinga.com/insights/earnings/24/12/42351795/smith-wesson-brands-q2-earnings-insights">second-quarter results</a>.
The company posted net sales of $129.7 million, an increase of 3.8%, over the year-ago period and 46.8%, over the previous quarter.
Smith &amp; Wesson Brands shares dipped 15.8% to $11.48 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Oriental Rise Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORIS#NASDAQ">ORIS</a>) shares tumbled 81.2%</li>
<li> to $10.50 in pre-market trading after surging 599% on Thursday.</li>
<li>zSpace, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZSPC#NASDAQ">ZSPC</a>) declined 31.7% to $15.01 in pre-market trading after jumping 340% on Thursday.</li>
<li>Samsara Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IOT#NYSE">IOT</a>) shares tumbled 10.6% to $49.29 in pre-market trading following third-quarter results.</li>
<li>8&#215;8, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) fell 6.2% to $2.87 in pre-market trading.</li>
<li>UiPath Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) dipped 4.1% to $14.34 in pre-market trading following third-quarter results.</li>
<li>Douglas Dynamics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLOW#NYSE">PLOW</a>) fell 4% to $24.31 in pre-market trading.</li>
<li>Movado Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOV#NYSE">MOV</a>) dropped 3.3% to $20.11 in pre-market trading. The company, on Thursday, reported third-quarter results.</li>
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Smith & Wesson Brands, Samsara, UiPath And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Wells Fargo analyst Michael Turrin maintains 8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) with a Underweight and raises the price target from $1.5 to $2.

Wells Fargo Maintains Underweight on 8x8, Raises Price Target to $2

Mizuho analyst Siti Panigrahi maintains 8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) with a Neutral and raises the price target from $2.5 to $2.75.

Mizuho Maintains Neutral on 8x8, Raises Price Target to $2.75

<h3>Gainers</h3>
<ul>
<li>Astera Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) shares increased by 28.4% to $89.41 during Tuesday's regular session. The company's market cap stands at $14.0 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Orangekloud Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORKT#NASDAQ">ORKT</a>) stock moved upwards by 25.94% to $2.67. The company's market cap stands at $61.8 million. </li>
<li>8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) shares rose 25.0% to $2.9. The company's market cap stands at $372.1 million. The company's, Q2 earnings came out yesterday. </li>
<li>Brightcove (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCOV#NASDAQ">BCOV</a>) shares increased by 23.83% to $2.65. The company's market cap stands at $118.6 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares rose 22.65% to $50.79. The market value of their outstanding shares is at $113.7 billion. The company's, Q3 earnings came out yesterday. </li>
<li>Agora (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/API#NASDAQ">API</a>) shares increased by 22.44% to $3.35. The market value of their outstanding shares is at $306.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Peraso (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRSO#NASDAQ">PRSO</a>) stock decreased by 23.3% to $1.24 during Tuesday's regular session. The market value of their outstanding shares is at $3.4 million. </li>
<li>T Stamp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDAI#NASDAQ">IDAI</a>) shares declined by 22.45% to $0.19. The company's market cap stands at $3.5 million. </li>
<li>Alpha &amp; Omega (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AOSL#NASDAQ">AOSL</a>) stock decreased by 20.41% to $26.47. The company's market cap stands at $767.8 million. The company's, Q1 earnings came out yesterday. </li>
<li>Teradata (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDC#NYSE">TDC</a>) stock declined by 13.01% to $29.04. The market value of their outstanding shares is at $2.8 billion. The company's, Q3 earnings came out yesterday. </li>
<li>Navitas Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) stock fell 11.84% to $2.3. The company's market cap stands at $422.1 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Nvni Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVNI#NASDAQ">NVNI</a>) stock fell 9.0% to $0.97. The company's market cap stands at $27.7 million. 
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</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Tuesday's Intraday Session

8x8 shares are trading higher after the company reported better-than-expected Q2 EPS and sales.

Barclays analyst Ryan Macwilliams maintains 8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) with a Equal-Weight and raises the price target from $2 to $2.5.

Barclays Maintains Equal-Weight on 8x8, Raises Price Target to $2.5

Guidance

8x8 Sees FY24 Revenue $714M-$727M Vs $720.279M Est; Sees Q3 Revenue $177M-$182M.

8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $0.08 by 12.5 percent. The company reported quarterly sales of $180.998 million which beat the analyst consensus estimate of $178.365 million by 1.48 percent. This is a 2.16 percent decrease over sales of $184.999 million the same period last year.

Earnings

Earnings Beats

8x8 Q2 2025 Adj. EPS $0.09 Beats $0.08 Estimate, Sales $180.998M Beat $178.365M Estimate

<h3>Gainers</h3>
<ul>
<li>Mirion Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MIR#NYSE">MIR</a>) shares rose 8.8% to $15.31 during Tuesday's after-market session. The company's market cap stands at $3.5 billion. The company's, Q3 earnings came out today. </li>
<li>Oblong (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OBLG#NASDAQ">OBLG</a>) stock rose 8.4% to $3.74. The market value of their outstanding shares is at $4.0 million. </li>
<li>8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) stock increased by 4.76% to $2.2. The market value of their outstanding shares is at $282.3 million. </li>
<li>Avnet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVT#NASDAQ">AVT</a>) shares increased by 4.64% to $56.99. The market value of their outstanding shares is at $5.0 billion. </li>
<li>Next Technology Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXTT#NASDAQ">NXTT</a>) shares moved upwards by 4.54% to $1.15. The company's market cap stands at $8.0 million. </li>
<li>Viasat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSAT#NASDAQ">VSAT</a>) stock moved upwards by 3.01% to $10.59. The company's market cap stands at $1.3 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Qorvo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRVO#NASDAQ">QRVO</a>) shares declined by 14.5% to $85.95 during Tuesday's after-market session. The company's market cap stands at $8.1 billion. The company's, Q2 earnings came out today. </li>
<li>Focus Universal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCUV#NASDAQ">FCUV</a>) shares fell 7.45% to $0.24. The market value of their outstanding shares is at $16.6 million. </li>
<li>First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) shares decreased by 6.69% to $186.33. The company's market cap stands at $19.9 billion. The company's, Q3 earnings came out today. </li>
<li>Abits Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABTS#NASDAQ">ABTS</a>) shares fell 5.18% to $0.55. The market value of their outstanding shares is at $19.5 million. </li>
<li>Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) stock fell 5.17% to $157.66. The company's market cap stands at $255.1 billion. As per the press release, Q3 earnings came out today. </li>
<li>Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) shares fell 4.99% to $55.85. The market value of their outstanding shares is at $6.2 billion. As per the news, the Q3 earnings report came out today. 
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Rosenblatt analyst Catharine Trebnick maintains 8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) with a Buy and lowers the price target from $4 to $3.5.

Rosenblatt Maintains Buy on 8x8, Lowers Price Target to $3.5

Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on 8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) in the last three months.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $3.4, a high estimate of $4.00, and a low estimate of $2.00. Experiencing a 20.93% decline, the current average is now lower than the previous average price target of $4.30. 
<img src="https://www.benzinga.com/files/images/story/2024/1729778477_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
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.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Josh Nichols</td>
<td>B. Riley Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$4.00</td>
<td>$7.00</td>
</tr>
<tr>
<td>Catharine Trebnick</td>
<td>Rosenblatt</td>
<td>Maintains</td>
<td>Buy</td>
<td>$4.00</td>
<td>$4.00</td>
</tr>
<tr>
<td>Ryan Macwilliams</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$2.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Ryan Koontz</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$3.00</td>
<td>$3.50</td>
</tr>
<tr>
<td>Catharine Trebnick</td>
<td>Rosenblatt</td>
<td>Maintains</td>
<td>Buy</td>
<td>$4.00</td>
<td>$4.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to 8x8. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of 8x8 compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of 8x8's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of 8x8's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/EGHT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on 8x8 analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Unveiling the Story Behind 8x8</h2>
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.
<h3>8x8: A Financial Overview</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Decline in Revenue: Over the 3 months period, 8x8 faced challenges, resulting in a decline of approximately -2.8% in revenue growth as of 30 June, 2024. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: 8x8's net margin excels beyond industry benchmarks, reaching -5.78%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): 8x8's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -9.96%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): 8x8's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -1.36% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: 8x8's debt-to-equity ratio is notably higher than the industry average. With a ratio of 4.57, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Analyst Ratings: What Are They?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Peeling Back The Layers: Exploring 8x8 Through Analyst Insights

B. Riley Securities analyst Josh Nichols reiterates 8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) with a Buy and lowers the price target from $7 to $4.

Reiteration

B. Riley Securities Reiterates Buy on 8x8, Lowers Price Target to $4

Contracts

8x8 Says CareMonitor Deployed Its CPaaS To Support Critical Patient Interactions

Twilio Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/twlo#NYSE">TWLO</a>) provides developers and businesses tools and products to enhance their communications with customers. Its cloud communication-as-a-service (CPaaS) platform offers basic services like voice, email, and SMS messaging to more advanced interactive services like video, artificial intelligence (AI) chatbots, voice application programming interfaces (APIs), and identity authentication. Gartner ranked it as a CPaaS leader in its Magic Quadrant for the second year in 2024. Twilio has leveraged AI into its services to provide more flexibility and enhance experiences.
The computer and technology sector leader has well-known clients, including the top streaming service Netflix Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nflx#NASDAQ">NFLX</a>), Airbnb Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/abnb#NASDAQ">ABNB</a>), and rideshare duopolies Uber Technologies Inc.&nbsp;and Lyft Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lyft#NASDAQ">LYFT</a>). It competes with 8X8 Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eght#NASDAQ">EGHT</a>).
<h2>The Value Proposition of CPaaS </h2>
On the surface, CPaaS may not seem like a big deal, especially as an end user.&nbsp;However, the benefit of CPaaS, like most&nbsp;as-a-service platforms (aaS), is not having to bear the expense of in-house building, managing, maintaining, and upgrading the complex hardware and software infrastructure. This and the ability to scale the services to millions of customers are the major value propositions. Businesses use CPaaS to embed communication channels like voice calls, video, email, and text messaging into their mobile apps. Consumers often take these services for granted because they are commonplace these days.
For example, If you&#39;ve ever ordered an Uber or Lyft ride through their mobile apps, Twilio&#39;s platform enables the rideshare app to:
<ul>
<li>Send an SMS notification when a driver has been found.</li>
<li>Provide real-time location updates notifying you the driver is on the way and has arrived.</li>
<li>Enables driver and passenger communication features like calling and texting if you&#39;re wondering where the driver is.</li>
<li>Enables text, email, and voice calling options to contact customer service if there&#39;s a problem.</li>
</ul>
<h2>Rich Communication Services (RCS) Is a Game Changer</h2>
Twilio offers RCS, enabling businesses to take their text messaging to the next level without users downloading more apps. RCS enables companies to send rich media like videos, images, logos, and pictures in text messages. It can include buttons, links, or other triggers enabling the end user to take an action like making a payment, voting, or booking an appointment. It provides a more interactive and branded communication experience with customers, ultimately leading to an improved customer experience and higher conversion rates.
<h2>Twilio Leverages AI Services Like Auto Pilot and Flex Insights </h2>
Twilio offers its tools and services as APIs that companies and developers can customize to refine their brand and use cases. AI products like Autopilot let developers create, train, and customize interactive voice response (IVR) systems and intelligent AI chatbots that can engage customers, understand natural language, automate tasks, and authenticate and transfer customers to the right agents. Flex Insights monitors and analyzes conversations between customers and agents to provide data analytics, sentiment analysis, and transcription services to optimize workflows for and with agents.
<h2>Twilio&#39;s Recovery Is Taking Shape </h2>
Twilio&#39;s second-quarter of 2024 results indicate that business is recovering. The company reported a 17 cents EPS beat, coming in at 87 cents. Revenues grew 4.4% YoY to $1.08 billion, which also beat consensus estimates of $1.06 billion. They grew their active customer accounts to over 316,000 in the quarter compared to 304,000 in the year-ago period. The company has $800 million left in its $2 billion share buyback program, which it will complete by year&#39;s end.
The company issued Q3 2024 EPS of 81 to 86 cents versus 74 cents consensus estimates. Twilio expected revenues of $1.085 billion to $1.095 billion versus $1.09 billion consensus estimates. For fiscal 2024, Twilio is raising its non-GAAP income from operations, which ranges from $650 million to $670 million, up from the previous forecast of $585 million to $635 million. Organic revenue growth was narrowed to 6% to 7% compared to 5% to 10% previously forecast.
<h2>TWLO Stock Is in an Ascending Triangle Pattern </h2>
An ascending triangle is a bullish pattern comprised of a flat-top upper trendline resistance indicating the supply overhand. The ascending (rising) trendline is formed by higher lows, indicating rising demand. A breakout occurs when the stock surges through the upper trendline, whereas a breakdown occurs if the stock falls below the ascending trendline.
<img alt="Twilio TWLO stock chart" class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20240922163137_chartq-twlo.jpg" style="height:748px; width:915px" />
TWLO has an upper trendline resistance at $63.91. The stock has been recovering since the $52.51 swing low. The anchored VWAP support is steadily rising at $58.86. As TWLO rises to test the flat-top resistance, it also has the potential to reach the lower gap-fill level at $64.89. The upper gap fill would occur if TWLO rises to $68.85. The daily relative strength index (RSI) is rising to the 61-band. Fibonacci (Fib) pullback support levels are at $61.47, $59.56, $56.86, and $53.81.
Twilio&#39;s average consensus price target is $70.52, and its highest analyst price target is $110.00. &nbsp;
Bullish investors can buy on pullbacks using cash-secured puts at the fib pullback support levels to buy the dip and write covered calls at fib extensions to execute a wheel strategy for income.
By implementing a bullish call debit spread, bullish options investors can limit maximum downside and profit from modest upside gains for less capital than owning the stock.
The article &quot;<a href="https://www.marketbeat.com/originals/seize-the-growth-twilios-ai-innovations-are-driving-huge-upside/">Seize the Growth: Twilio&#39;s AI Innovations Are Driving Huge Upside</a>&quot; first appeared on MarketBeat.

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Seize the Growth: Twilio's AI Innovations Are Driving Huge Upside

8x8: Further Upside Hinges On A Return To Sustained Organic Growth

In a report released today, Michael Turrin from Wells Fargo maintained a Sell rating on 8X8 (EGHT – Research Report), with a price target of $2.00....

Wells Fargo Remains a Sell on 8X8 (EGHT)

Undercovered Dozen: PagerDuty, SUSS MicroTek, High Tide, 8x8 +

8×8 (EGHT) announced a partnership with Descope. As the exclusive Asia Pacific partner for Descope, 8×8 will integrate Descope's drag-and-drop cust...

8×8 announces partnership with Descope

Mizuho downgraded 8×8 (EGHT) to Underperform from Neutral with a $2.50 price target Published first on TheFly – the ultimate source for real-time, ...

8×8 downgraded to Underperform from Neutral at Mizuho

Mizuho analyst Siti Panigrahi downgraded 8×8 (EGHT) to Underperform from Neutral with a price target of $2.50, down from $2.75. While the company h...

Mizuho downgrades 8×8 to to Underperform on lack of sales growth

Atlassian, Datadog outperform on cloud migrations: Mizuho

In a report released today, Meta Marshall from Morgan Stanley maintained a Sell rating on 8X8 (EGHT – Research Report), with a price target of $2.6...

Morgan Stanley Remains a Sell on 8X8 (EGHT)

Morgan Stanley raised the firm's price target on 8×8 (EGHT) to $2.60 from $2 and keeps an Underweight rating on the shares. Communication software ...

8×8 price target raised to $2.60 from $2 at Morgan Stanley

Nice remains favored name as Morgan Stanley highlights 2025 outlook for communication software stocks

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Press Releases

8x8, Inc. Schedules Second Quarter Fiscal 2025 Earnings Release and Conference Call

CareMonitor Chooses 8x8 CPaaS to Support Critical Patient Interactions

8x8, Inc. Announces Second Quarter Fiscal Year 2025 Financial Results

8x8 Delivers Latest AI Advancements and Customer Engagement Capabilities to Cloud CX Platform

8x8, Inc. Appoints John Pagliuca to Board of Directors

8x8, Inc. Announces Participation in Upcoming Investor Events

The 8x8 Brand Reimagined to Power CX Ambitions

8x8 CX Transformation Drives Continued Customer Adoption and Momentum

8x8 Receives Multiple Awards for Continued Innovation

Descope and 8x8 Partner to Boost Security and Efficiency in Customer Experience

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