8x8 Inc Stock Forecast NASDAQ:EGHT

Price Target and Analyst Ratings

Most Recent Rating

On September 01, 2021 "Colliers Securities" gave "$42.00" rating for EGHT. The price target was set to $25.54+5.8%.

Last 30 Days

Historical Ratings

Date	Rating	Action	Authority	Current Price	Target Price
2021-09-01	$42.00	Reiterated by	Colliers Securities	$25.35	$25.54+5.8%
2021-08-05	$42.00	Reiterated by	Colliers Securities	$25.57	$25.97+4.9%
2021-07-26	$42.00	Reiterated by	Colliers Securities	$26.28	$26.28→0.3%
2021-06-21	Buy	Initiated by	Needham & Company LLC	$26.13	$32.00
2021-06-21	Buy	Initiated by	Needham & Company LLC	$26.13
2021-05-20	Equal Weight	Target Lowered by	Morgan Stanley	$24.21	$35.00 → $30.00
2021-05-17	Buy - Hold	Reiterated by	Craig Hallum	$23.95
2021-05-14	Equal Weight	Target Lowered by	Morgan Stanley	$24.49	$35.00 → $30.00
2021-05-13	Buy	Reiterated by	Evercore ISI	$24.60
2021-05-11	Neutral	Reiterated by	B. Riley	$25.19	$32.50 → $25.00
2021-05-11	Buy - Hold	Downgraded by	Craig Hallum	$25.19
2021-04-20	Neutral	Initiated by	Bank of America	$32.97	$39.00
2021-04-20	Neutral	Initiated by	Bank of America	$32.97
2021-01-29	Buy	Target Raised by	Craig Hallum	$35.25	$22.00 → $45.00
2021-01-25	Neutral	Reiterated by	B. Riley	$38.13	$25.00 → $32.50
2021-01-25	Neutral	Target Raised by	Rosenblatt Securities	$38.13	$18.00 → $35.00
2021-01-25	Neutral	Target Raised by	B. Riley	$38.13	$25.00 → $32.50
2021-01-21	Equal Weight	Target Raised by	Morgan Stanley	$36.92	$33.00 → $35.00
2021-01-19	Buy	Target Raised by	BTIG Research	$37.02	$35.00 → $44.00
2021-01-05	Equal Weight - Underweight	Downgraded by	Wells Fargo & Company	$33.20	$17.00 → $25.00
2020-12-23	Buy	Target Raised by	Needham & Company LLC	$34.56	$35.00 → $40.00
2020-12-17	Buy	Reiterated by	Northland Securities	$30.85	$23.00 → $36.00
2020-12-17	Buy	Reiterated by	Northland Securities	$30.85
2020-12-16	Neutral	Target Raised by	Mizuho	$30.83	$17.00 → $25.00
2020-12-11	Neutral	Target Raised by	B. Riley	$31.38	$15.25 → $25.00
2020-12-11	Buy	Target Raised by	Needham & Company LLC	$31.38	$21.00 → $35.00
2020-12-11	Neutral	Reiterated by	B. Riley	$31.38	$15.25 → $25.00
2020-10-29	Hold - Buy	Upgraded by	Summit Insights	$18.18	$24.00
2020-10-29	Hold - Buy	Upgraded by	Craig Hallum	$18.18	$22.00
2020-10-29	Neutral	Target Raised by	Rosenblatt Securities	$18.18	$17.50 → $18.00
2020-10-29	Sell - Neutral	Upgraded by	B. Riley	$18.18	$12.00 → $15.25
2020-10-09	Neutral	Initiated by	Mizuho	$16.49	$17.00
2020-08-20	Outperform	Initiated by	Evercore ISI	$16.56	$23.00
2020-07-31	Buy	Reiterated by	Stephens	$15.90
2020-07-30	Buy	Reiterated by	Oppenheimer	$17.10	$29.00
2020-07-27	Neutral	Target Raised by	Rosenblatt Securities	$16.42	$15.00 → $17.50
2020-07-27	Neutral	Target Raised by	Rosenblatt Securities	$16.42	$15.00 → $17.50
2020-06-19	Buy	Initiated by	Northland Securities	$15.15	$23.00
2020-06-10	Buy	Reiterated by	Stephens	$14.36
2020-06-10	Neutral	Target Lowered by	Rosenblatt Securities	$14.36	$19.00 → $15.00
2020-06-09	Equal Weight	Target Lowered by	Morgan Stanley	$14.36	$21.00 → $17.00
2020-05-19	Buy	Reiterated by	Needham & Company LLC	$14.80	$25.00
2020-05-13	Outperform	Target Lowered by	Northland Securities	$15.03	$29.00 → $23.00
2020-05-13	Hold	Target Lowered by	Craig Hallum	$15.03	$25.00 → $22.00
2020-05-13	Buy	Reiterated by	Oppenheimer	$15.03	$29.00
2020-05-13	Buy	Target Raised by	BTIG Research	$15.03	$20.00 → $23.00
2020-05-13	Sell	Target Lowered by	B. Riley	$15.03	$13.00 → $12.00
2020-05-13	Outperform	Target Lowered by	Robert W. Baird	$15.03	$29.00 → $23.00
2020-05-13	Equal Weight	Target Lowered by	Wells Fargo & Co	$15.03	$21.00 → $20.00
2020-05-13	Equal Weight	Target Raised by	Morgan Stanley	$15.03	$20.00 → $21.00
2020-04-22	Buy	Target Lowered by	Needham & Company LLC	$17.22	$26.00 → $25.00
2020-04-19	Buy	Initiated by	BTIG Research	$17.70
2020-04-15	Neutral	Target Lowered by	Rosenblatt Securities	$17.19	$21.00 → $19.00
2020-04-13	Buy	Initiated by	BTIG Research	$16.50

EGHT Stock Trend

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled.

Given the current short-term trend, the stock is expected to fall -11.19% during the next 3 months and, with a 90% probability hold a price between $19.58 and $22.20 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

WARNING: Trend forecast is still in the development phase and should be used with caution. Some cases might produce unexpected results such as negative prices at the end of the trend.

Data

Date	Bottom	Mid	Top
2021-09-30	$22.00	$23.48	$24.95
2021-10-01	$21.95	$23.43	$24.90
2021-10-04	$21.90	$23.38	$24.85
2021-10-05	$21.85	$23.33	$24.80
2021-10-06	$21.80	$23.28	$24.75
2021-10-07	$21.75	$23.23	$24.70
2021-10-08	$21.70	$23.18	$24.65
2021-10-11	$21.65	$23.13	$24.60
2021-10-12	$21.60	$23.08	$24.55
2021-10-13	$21.55	$23.03	$24.50
2021-10-14	$21.50	$22.98	$24.45
2021-10-15	$21.45	$22.93	$24.40
2021-10-18	$21.40	$22.88	$24.35
2021-10-19	$21.35	$22.83	$24.30
2021-10-20	$21.30	$22.78	$24.25
2021-10-21	$21.25	$22.73	$24.20
2021-10-22	$21.20	$22.68	$24.15
2021-10-25	$21.15	$22.63	$24.10
2021-10-26	$21.10	$22.58	$24.05
2021-10-27	$21.05	$22.53	$24.00
2021-10-28	$21.00	$22.48	$23.95
2021-10-29	$20.95	$22.43	$23.90
2021-11-01	$20.90	$22.38	$23.85
2021-11-02	$20.85	$22.33	$23.80
2021-11-03	$20.80	$22.28	$23.75
2021-11-04	$20.75	$22.23	$23.70
2021-11-05	$20.70	$22.18	$23.65
2021-11-08	$20.65	$22.13	$23.60
2021-11-09	$20.60	$22.08	$23.55
2021-11-10	$20.55	$22.03	$23.50

About 8x8 Inc

8x8 8x8, Inc. provides cloud-based, enterprise-class software solutions for small and medium businesses, mid-market, and distributed enterprises worldwide. The company operates in two segments, Americas and Europe. The companys pure-cloud offering combines voice, conferencing, messaging, and video with integrated workflows and big data analytics on a single platform. It provides 8x8 Virtual Office, a voice as a service with a robust business featur... Read more

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