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A Quick Look at Today's Ratings for 8x8(EGHT.US), With a Forecast Between $2 to $3

Moomoo News ·  Nov 5 21:00  · Ratings

On Nov 05, major Wall Street analysts update their ratings for $8x8 (EGHT.US)$, with price targets ranging from $2 to $3.

Morgan Stanley analyst Meta Marshall maintains with a sell rating, and maintains the target price at $2.

Barclays analyst Ryan MacWilliams maintains with a hold rating, and adjusts the target price from $2 to $2.5.

Wells Fargo analyst Michael Turrin maintains with a sell rating, and maintains the target price at $2.

Mizuho Securities analyst Siti Panigrahi maintains with a hold rating.

Needham analyst Ryan Koontz maintains with a buy rating, and maintains the target price at $3.

Furthermore, according to the comprehensive report, the opinions of $8x8 (EGHT.US)$'s main analysts recently are as follows:

  • The company's fiscal Q2 report benefited from currency tailwinds, however, there remains limited visibility into potential revenue re-acceleration.

Here are the latest investment ratings and price targets for $8x8 (EGHT.US)$ from 5 analysts:

StockTodayLatestRating_mm_201244_20241105_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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