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Top Wall Street Forecasters Revamp 8x8 Expectations Ahead Of Q4 Earnings

Benzinga·05/19/2025 13:33:46
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8×8, Inc. (NASDAQ:EGHT) will release its fourth-quarter earnings results after the closing bell on Monday, May 19.

Analysts expect the Campbell, California-based company to report quarterly earnings at 8 cents per share, compared to 8 cents per share in the year-ago period. According to data from Benzinga Pro, 8×8 projects quarterly revenue at $177.98 million, compared to $179.41 million a year earlier.

On May 13, 8×8 strengthened Irish market presence with expanded CCMA Ireland partnership.

8×8 shares closed at $1.81 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Rosenblatt analyst Catherine Trebnick maintained a Buy rating and cut the price target from $3.3 to $2.7 on April 24, 2025. This analyst has an accuracy rate of 72%.
  • Wells Fargo analyst Michael Turrin maintained an Underweight rating and slashed the price target from $2 to $1.5 on April 22, 2025. This analyst has an accuracy rate of 63%.
  • Morgan Stanley analyst Meta Marshall maintained an Underweight rating and cut the price target from $2.6 to $1.9 on April 16, 2025. This analyst has an accuracy rate of 77%.
  • Mizuho analyst Siti Panigrahi maintained an Underperform rating and slashed the price target from $2.5 to $2 on April 15, 2025. This analyst has an accuracy rate of 60%.
  • Barclays analyst Ryan Macwilliams maintained an Equal-Weight rating and raised the price target from $2.5 to $3 on Feb. 5, 2025. This analyst has an accuracy rate of 66%.

Considering buying EGHT stock? Here’s what analysts think:

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