Rosenblatt keeps USD 3.00 target for 8x8 stock

Published on 10/17/2026 at 19:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

8x8 stock sits 32.64 percent below its 52-week high. It last stood at USD 1.94 on October 16, 2026, down 6.28 percent versus Nasdaq's prior close.

Analyst view and valuation

Rosenblatt maintained a USD 3.00 target on September 10, 2026.
8x8 stock sat 32.64 percent below its 52-week high and returned minus 1.52 percent year to date.
8x8 stock last stood at USD 1.94 at 4:00 p.m. ET on October 16, 2026, down 6.28 percent versus the Nasdaq prior close.
8x8 had a P/E ratio of 48.50 and a market capitalization of USD 280.2 million as of October 16, 2026.

EGHT, US2829141009, Illustration mit AI erstellt.

Rosenblatt maintained its Buy rating and USD 3.00 target for 8x8 on September 10, 2026, putting the target 54.64 percent above the Nasdaq price of USD 1.94, according to Yahoo Finance. 8x8 stock was last at USD 1.94 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 6.28 percent versus the prior close of October 15, 2026.

Range position stays weak

The stock's 52-week range was USD 1.57 to USD 2.88 as of October 16, 2026. At USD 1.94, it stood 32.64 percent below the high and 23.57 percent above the low. The year-to-date return was minus 1.52 percent on the same date.

Valuation meets an upcoming date

8x8 had a market capitalization of USD 280.2 million and a trailing P/E ratio of 48.50 as of October 16, 2026. The dividend yield was 0.00 percent. The company had scheduled its second-quarter fiscal 2027 results for November 4, 2026, after the market close, according to 8x8.

Comparison with peers

8x8 (Nasdaq, USD): minus 6.28 percent, P/E 48.50, market capitalization USD 280.2 million

RingCentral (NYSE, USD): minus 5.63 percent, P/E 60.35, market capitalization USD 5.6 billion

Zoom Communications (Nasdaq, USD): minus 4.39 percent, P/E 8.74, market capitalization USD 27.5 billion

Price and range context

8x8's decline left the company below the midpoint of its 52-week range, while its valuation remained materially smaller than those of RingCentral and Zoom Communications. The next scheduled results date is November 4, 2026.