8x8 Common Stock Target Price and Analyst Consensus

EGHT Stock  USD 2.32  0.12  5.45%   
The current analyst and expert consensus on 8x8 Common is Buy with 7 hold recommendations. The current projected 8x8 Common target price consensus is 4.55 with 13 analyst opinions. One of the most common ways 8x8 Common Stock analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to 8x8 Common vendors, executives, and/or customers. 8x8 Common recommendation module provides expert sentiment on the projected 8x8 Common Stock target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on 8x8 Common to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
4.14
Highest Forecast
5.05
Target Price
4.55
Gross Profit is likely to gain to about 606.7 M in 2024, whereas Pretax Profit Margin is likely to drop (0.09) in 2024. At this time, 8x8 Common's Non Currrent Assets Other are comparatively stable compared to the past year. Net Receivables is likely to gain to about 75.2 M in 2024, whereas Cash And Short Term Investments are likely to drop slightly above 84.6 M in 2024.
  
It's important to approach 8x8 Common's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize 8x8 Common price targets

8x8 Common's stock target price is an estimate of its future price, usually made by analysts. Using 8x8 Common's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at 8x8 Common's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if 8x8 Common's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional 8x8 Common Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of 8x8 Common is a key component of 8x8 Common valuation and have some predictive power on the future returns of a 8x8 Common.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 8x8 Common's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.122.356.72
Details
Intrinsic
Valuation
LowRealHigh
0.142.857.22
Details
Naive
Forecast
LowNextHigh
0.042.216.58
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.090.060.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 8x8 Common. Your research has to be compared to or analyzed against 8x8 Common's peers to derive any actionable benefits. When done correctly, 8x8 Common's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in 8x8 Common Stock.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Driverless Cars Idea
Driverless Cars
Invested a lot of shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 50 shares
When determining whether 8x8 Common Stock is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if 8x8 Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about 8x8 Common Stock Stock. Highlighted below are key reports to facilitate an investment decision about 8x8 Common Stock Stock:
Check out Macroaxis Advice on 8x8 Common to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the 8x8 Common Stock information on this page should be used as a complementary analysis to other 8x8 Common's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for 8x8 Stock analysis

When running 8x8 Common's price analysis, check to measure 8x8 Common's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 8x8 Common is operating at the current time. Most of 8x8 Common's value examination focuses on studying past and present price action to predict the probability of 8x8 Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 8x8 Common's price. Additionally, you may evaluate how the addition of 8x8 Common to your portfolios can decrease your overall portfolio volatility.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
The data published in 8x8 Common's official financial statements usually reflect 8x8 Common's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of 8x8 Common Stock. For example, before you start analyzing numbers published by 8x8 accountants, it's critical to develop an understanding of what 8x8 Common's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of 8x8 Common's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 8x8 Common's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in 8x8 Common's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of 8x8 Common Stock. Please utilize our Beneish M Score to check the likelihood of 8x8 Common's management manipulating its earnings.