8X8 INC stock forecast: down to 23.66 USD EGHT stock price prognosis

STOCK

Forecast for Thu 16 Dec 2021 price 23.35

8X8 INC stock price forecast for further price development down to -0.48% (time horizon: 1 day) and price target of 23.66 USD. Negative news sentiment. Short-term (time horizon: 2 weeks) 8X8 INC share price prediction for 2021-12-16 with daily closed price projections

Key Facts

Symbol EGHT 

ISIN US2829141009 

CUSIP 282914100


Currency USD


Category Services-Computer Processing & Data Preparation

Forecast price change %


News sentiment (-0.52)

Finance numbers

Revenue 532,344,000.0


Earnings per share -1.57


On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.

Summerized Form 10-K with GPT-2

8x8 has approximately 1.8 million paid business users. Bryan Martin, Director and Chief Technology Officer. He also served as a director of the Company from January 1998 through July 1999. As such, we may not be able to achieve or maintain profitability in the future. As a result, sales and marketing expenditures are an ongoing requirement of our business. The STIR/SHAKEN framework will likely be used throughout the world. Call recipients would be less likely to answer non-authenticated calls. We currently have several United States patent applications pending.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1023731/000102373121000091/0001023731-21-000091.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 28.68/100
    • Good financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.

Institutional ownership list is based on filling form information

Holding name Date Amount
PARAMETRIC PORTFOLIO ASSOCIATES LLC 2021-03-31 242285
Engineers Gate Manager LP 2021-03-31 30658
STAMINA CAPITAL MANAGEMENT LP 2021-03-31 665500
STATE OF WISCONSIN INVESTMENT BOARD 2021-03-31 670196
TEXAS PERMANENT SCHOOL FUND 2021-06-30 81894

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Fidelity Concord Street Trust 2021-05-31 169203 Long
VANGUARD INTERNATIONAL EQUITY INDEX FUNDS 2021-04-30 43665 Long
Direxion Shares ETF Trust 2021-04-30 94398 Long
Fidelity Salem Street Trust 2021-04-30 777191 Long
Fidelity Concord Street Trust 2021-04-30 20101 Long

Insider trading for 8X8 INC

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1632489 Sipes David 2021-06-07 BUY Accept Accept Accept Accept
1326702 Zinn Matthew 2021-08-16 SALE Accept Accept Accept Accept
1780077 Theophille Elizabeth Harriet 2021-08-11 SALE Accept Accept Accept Accept
1085676 Martin Bryan R 2021-07-26 SALE Accept Accept Accept Accept
1716473 Deklich Dejan 2021-08-16 SALE Accept Accept Accept Accept
1539401 Verma Vikram 2020-10-28 SALE Accept Accept Accept Accept
1814487 Wilson Samuel C. 2021-08-16 SALE Accept Accept Accept Accept
1830532 Cota Germaine 2021-08-17 SALE Accept Accept Accept Accept

8X8 INC Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.


On-Balance Volume information for 8X8 INC. On-Balance Volume information can be an indicator for bullish or bearish outcome.


Accumulation / Distribution (A/D) indicator information for 8X8 INC. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for 8X8 INC. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for 8X8 INC. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for 8X8 INC. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for 8X8 INC. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for 8X8 INC. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


52W High 52W Low Market Cap

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8X8 INC on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2021-11-01 23.66 2021-10-21 06:45
2021-11-02 23.66 2021-10-21 06:45
2021-11-03 23.81 2021-10-21 06:45
2021-11-04 23.78 2021-10-21 06:45
2021-11-05 23.66 2021-10-21 06:45
2021-11-09 23.63 2021-10-21 06:45
2021-11-10 23.71 2021-10-21 06:45
2021-11-11 23.70 2021-10-21 06:45
2021-11-12 23.63 2021-10-21 06:45
2021-11-15 23.64 2021-10-21 06:45
2021-11-16 23.63 2021-10-21 06:45
2021-11-17 23.62 2021-10-21 06:45
2021-11-18 23.59 2021-10-21 06:45
2021-11-19 23.57 2021-10-21 06:45
2021-11-22 23.57 2021-10-21 06:45
2021-11-23 23.57 2021-10-21 06:45
2021-10-21 23.76 2021-10-20 06:46
2021-10-22 23.74 2021-10-21 06:45
2021-10-25 23.75 2021-10-21 06:45
2021-10-26 23.67 2021-10-21 06:45
2021-10-27 23.77 2021-10-21 06:45
2021-10-28 23.80 2021-10-21 06:45
2021-10-29 23.75 2021-10-21 06:45
2021-12-02 23.47 2021-10-21 06:45
2021-11-08 23.63 2021-10-21 06:45
2021-11-24 23.56 2021-10-21 06:45
2021-11-25 23.53 2021-10-21 06:45
2021-11-26 23.50 2021-10-21 06:45
2021-11-29 23.51 2021-10-21 06:45
2021-11-30 23.51 2021-10-21 06:45
2021-12-01 23.49 2021-10-21 06:45
2021-12-03 23.45 2021-10-21 06:45
2021-12-06 23.45 2021-10-21 06:45
2021-12-07 23.43 2021-10-21 06:45
2021-12-08 23.42 2021-10-21 06:45
2021-12-09 23.41 2021-10-21 06:45
2021-12-10 23.40 2021-10-21 06:45
2021-12-13 23.39 2021-10-21 06:45
2021-12-14 23.37 2021-10-21 06:45
2021-12-15 23.36 2021-10-21 06:45
2021-12-16 23.35 2021-10-21 06:45