8x8, identified by the ticker EGHT, anticipates its first-quarter revenue to fall within the range of $175 million to $182 million. Analyst expectations align closely with this forecast, with the consensus set at $178.4 million. Additionally, the company projects its operating margin for the first quarter to be between 9.0% and 9.5%.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for 8x8 Inc (EGHT, Financial) is $2.64 with a high estimate of $4.00 and a low estimate of $1.50. The average target implies an upside of 46.53% from the current price of $1.80. More detailed estimate data can be found on the 8x8 Inc (EGHT) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, 8x8 Inc's (EGHT, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for 8x8 Inc (EGHT, Financial) in one year is $2.94, suggesting a upside of 63.33% from the current price of $1.8. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the 8x8 Inc (EGHT) Summary page.
