Analyst RecommendationAnalyst maintains a Buy rating and a $3 price objective, which implies a discount to the Communications peer group.
Financial PerformanceThere are encouraging signs of underlying stabilization at EGHT, from accelerating ex-Fuze growth and improved capital structure.
Revenue GrowthCustomer experience (CX) vendor EGHT service revenue ex. Fuze grew 2.8%, indicating line of sight to positive revenue growth.