Rosenblatt raises target to USD 3.00 for 8x8 stock

Published on 10/20/2026 at 21:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

8x8 reports fiscal second-quarter results on November 4, 2026. 8x8 stock costs EUR 1.89 at Lang & Schwarz on October 20, 2026 in after-hours trading.

Rosenblatt target update

Rosenblatt Securities lifted its target to USD 3.00 from USD 2.50 on September 10, 2026.
Fiscal first-quarter revenue reached USD 190.17 million versus USD 181.36 million a year earlier.
8x8 stock costs EUR 1.89 at Lang & Schwarz on October 20, 2026 at 9:49 p.m. CEST.
Fiscal second-quarter results are scheduled for November 4, 2026.

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Rosenblatt Securities raised its 8x8 target to USD 3.00 from USD 2.50 on September 10, 2026, according to Zacks. The target update gives investors a fresh valuation marker while 8x8 stock remains below its 52-week high. After-hours, 8x8 was trading at EUR 1.89 at Lang & Schwarz on October 20, 2026 at 9:49 p.m. CEST.

Revenue growth meets a narrow loss

The latest reported quarter delivered a stronger top line but did not produce positive net income. In fiscal first quarter 2027, revenue reached USD 190.17 million, compared with USD 181.36 million a year earlier, while the net loss narrowed to USD 1.20 million from USD 4.32 million, Simply Wall St reported on October 4, 2026. The comparison matters because revenue expanded while the loss persisted, leaving profitability as the central operating measure.

Stock stays below its yearly high

On Nasdaq, 8x8 last traded at USD 2.12 on October 20, 2026 at 3:55 p.m. ET. The 52-week range was USD 1.57 to USD 2.88 on that date, placing the quote 26.39 percent below the high and 35.03 percent above the low. The company had a market capitalization of USD 306.9 million and a price-to-earnings ratio of 66.74.

November results set the next date

8x8 announced on October 16, 2026 that it had scheduled fiscal second-quarter results for November 4, 2026, after the market close, through its investor-relations page. The release is due to cover the quarter ending September 30, 2026. The company reported USD 90.6 million in cash at June 30, 2026, while operating cash flow for fiscal first quarter 2027 was USD 17.0 million.

The valuation picture is mixed in measurable terms. Zacks listed three analyst targets with an average of USD 2.58, a low of USD 1.50 and a high of USD 3.25 on October 15, 2026. Rosenblatt's USD 3.00 target is 41.51 percent above the Nasdaq price of USD 2.12, using the same currency and the October 20, 2026 quote.

What the target says about valuation

The target revision puts the emphasis on execution rather than on a single trading session. Revenue growth of 4.86 percent year over year in fiscal first quarter 2027 was paired with a USD 1.20 million loss, so the November report will offer the next dated test of whether the margin trend can improve.

Stock price and investor view

For investors, the relevant balance is a USD 3.00 target against a USD 2.12 Nasdaq quote and a business that was still loss-making in fiscal first quarter 2027. The euro indication stood at EUR 1.89 at Lang & Schwarz on October 20, 2026 at 9:49 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of 8x8 stock.