NASDAQ:EGHT 8X8 (EGHT) Stock Price, News & Analysis → 3 Sub-$10 Stocks to Buy for 2024 (From TradingTips) (Ad) Free EGHT Stock Alerts $2.18 +0.03 (+1.40%) (As of 04/19/2024 ET) Add Compare Share Share Today's Range$2.12▼$2.2050-Day Range$2.15▼$3.1552-Week Range$2.12▼$4.88Volume963,438 shsAverage Volume1.46 million shsMarket Capitalization$269.06 millionP/E RatioN/ADividend YieldN/APrice Target$3.68 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get 8X8 alerts: Email Address 8X8 MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside68.7% Upside$3.68 Price TargetShort InterestHealthy12.22% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.46Based on 15 Articles This WeekInsider TradingSelling Shares$81,979 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.06) to ($0.02) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.11 out of 5 starsComputer And Technology Sector404th out of 585 stocksData Processing & Preparation Industry32nd out of 58 stocks 3.3 Analyst's Opinion Consensus Rating8X8 has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst Coverage8X8 has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted12.22% of the outstanding shares of 8X8 have been sold short.Short Interest Ratio / Days to Cover8X8 has a short interest ratio ("days to cover") of 9.9.Change versus previous monthShort interest in 8X8 has recently decreased by 6.45%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend Yield8X8 does not currently pay a dividend.Dividend Growth8X8 does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EGHT. Previous Next 1.9 News and Social Media Coverage News Sentiment8X8 has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 15 news articles for 8X8 this week, compared to 4 articles on an average week.Search InterestOnly 5 people have searched for EGHT on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, 8X8 insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $81,979.00 in company stock.Percentage Held by InsidersOnly 1.08% of the stock of 8X8 is held by insiders.Percentage Held by Institutions93.99% of the stock of 8X8 is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for 8X8 are expected to grow in the coming year, from ($0.06) to ($0.02) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of 8X8 is -4.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of 8X8 is -4.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share Ratio8X8 has a P/B Ratio of 2.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPressChances are you know the firms on this listThese are the entities that can buy MILLIONS of shares in a single day… I’m talking about huge orders that literally move the share price 1%, 2%, even 5% or more in the process. Why am I showing you that list? Well, because if you have a way to successfully detect which stocks these elite traders are likely buying in real time… All you have to do is ride the coattails of their massive orders and you can target endless trading opportunities without leaving your money exposed to the markets for too long. And in case you didn’t already know…That’s exactly how this expert trader plans to trade his #1 ticker for 2024 About 8X8 Stock (NASDAQ:EGHT)8x8, Inc. provides voice, video, chat, contact center, and enterprise-class application programmable interface (API) Software-as-a-Service solutions for small and mid-size businesses, mid-market and larger enterprises, government agencies, and other organizations worldwide. It provides 8x8 Work, a self-contained end-to-end united communications solution that delivers enterprise voice with public switched telephone network connectivity, video meetings, and unified messaging, as well as direct messages, public and private team messaging rooms, and short and multimedia services; 8x8 Contact Center, a multi-channel cloud-based contact center solution; and 8x8 CPaaS, a set of global communications Platform-as-a-Service. The company also offers and X1 through X4 and X5 through X8, which provide enterprise-grade voice, unified communications, and video meetings and team collaboration, and contact center solutions. It markets its services to end users through industry conferences, trade shows, Webinars, and digital advertising channels. The company was incorporated in 1987 and is headquartered in Campbell, California.Read More EGHT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EGHT Stock News HeadlinesApril 18, 2024 | insidertrades.comInsider Selling: 8x8, Inc. (NASDAQ:EGHT) CAO Sells 7,256 Shares of StockMarch 20, 2024 | insidertrades.com8x8, Inc. (NASDAQ:EGHT) CEO Sells $36,548.40 in StockApril 19, 2024 | Banyan Hill Publishing (Ad)The Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 19, 2024 | investing.com8x8 Inc executive sells over $16k in company stockApril 19, 2024 | americanbankingnews.com8X8 (NASDAQ:EGHT) PT Lowered to $3.00April 18, 2024 | investing.com8x8 CFO sells shares worth $2,330April 18, 2024 | americanbankingnews.com8x8, Inc. (NASDAQ:EGHT) Short Interest Down 6.5% in MarchApril 16, 2024 | businesswire.com8x8 Launches Operator Connect for Microsoft Teams to Streamline Reliable Telephony Deployment and Adoption for Organizations Using TeamsApril 19, 2024 | WealthPress (Ad)Chances are you know the firms on this listThese are the entities that can buy MILLIONS of shares in a single day… I’m talking about huge orders that literally move the share price 1%, 2%, even 5% or more in the process. Why am I showing you that list? Well, because if you have a way to successfully detect which stocks these elite traders are likely buying in real time… All you have to do is ride the coattails of their massive orders and you can target endless trading opportunities without leaving your money exposed to the markets for too long. And in case you didn’t already know…April 15, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Zscaler (ZS) and 8X8 (EGHT)April 13, 2024 | americanbankingnews.com8x8, Inc. (NASDAQ:EGHT) Receives Average Rating of "Moderate Buy" from AnalystsMarch 21, 2024 | investing.com8x8 Inc executive sells over $26k in company stockMarch 19, 2024 | finance.yahoo.com8x8 Receives Multiple Awards for Continued InnovationMarch 18, 2024 | markets.businessinsider.comIn-Depth Examination Of 4 Analyst Recommendations For 8x8March 16, 2024 | investorplace.comDiamonds in the Dust: 3 Penny Stocks Set to Soar 500% by 2026March 10, 2024 | finance.yahoo.comEGHT Aug 2024 2.500 putMarch 5, 2024 | businesswire.comKing Power Corporation Drives Operational Cost Reduction and Enhanced Customer Experiences with 8x8February 29, 2024 | businesswire.com8x8, Inc. Announces Participation in Upcoming Investor EventsFebruary 29, 2024 | stockhouse.com8x8 Launches 8x8 Engage(TM) to Bridge Customer Experience Journey Gaps Across an OrganizationFebruary 29, 2024 | finance.yahoo.com8x8 Launches 8x8 Engage™ to Bridge Customer Experience Journey Gaps Across an OrganizationFebruary 28, 2024 | finance.yahoo.comProactive Outreach for 8x8 Contact Center Enhances Customer Engagement with Highly Personalized Messaging CampaignsFebruary 28, 2024 | businesswire.comProactive Outreach for 8x8 Contact Center Enhances Customer Engagement with Highly Personalized Messaging CampaignsFebruary 24, 2024 | msn.com8x8 (EGHT) Price Target Increased by 6.87% to 4.36February 21, 2024 | benzinga.com8x8 Stock (NASDAQ:EGHT) Earnings Dates and Earning CallsFebruary 21, 2024 | benzinga.com8x8 Stock (NASDAQ:EGHT) Earnings Dates and Earning CallsFebruary 20, 2024 | businesswire.com8x8, Inc. Issues New Employee Inducement GrantsFebruary 4, 2024 | finance.yahoo.com8x8, Inc. (NASDAQ:EGHT) Just Released Its Third-Quarter Earnings: Here's What Analysts ThinkSee More Headlines Receive EGHT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for 8X8 and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/08/2023Today4/19/2024Next Earnings (Estimated)5/09/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Data processing & preparation Sub-IndustryN/A Current SymbolNASDAQ:EGHT CUSIPN/A CIK1023731 Webwww.8x8.com Phone(408) 727-1885Fax408-727-1885Employees1,921Year FoundedN/APrice Target and Rating Average Stock Price Target$3.68 High Stock Price Target$5.00 Low Stock Price Target$2.50 Potential Upside/Downside+68.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.44) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-73,140,000.00 Net Margins-7.28% Pretax Margin-6.83% Return on Equity-5.89% Return on Assets-0.75% Debt Debt-to-Equity Ratio3.73 Current Ratio1.31 Quick Ratio1.31 Sales & Book Value Annual Sales$743.94 million Price / Sales0.36 Cash Flow$0.37 per share Price / Cash Flow5.92 Book Value$0.88 per share Price / Book2.48Miscellaneous Outstanding Shares123,420,000Free Float122,088,000Market Cap$269.06 million OptionableOptionable Beta1.46 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Samuel C. WilsonCEO & DirectorMr. Kevin KrausChief Financial OfficerMs. Suzy SeandelSenior VP & Chief Accounting OfficerMr. Laurence DennyChief Legal Officer & Corporate SecretaryDr. Hunter Middleton Ph.D. (Age 57)Chief Product Officer & Chief Innovation Officer Comp: $589.84kMr. Bryan R. Martin (Age 56)Chief Technology Officer Ms. Kate PattersonVice President of Investor RelationsMr. Bruno BertiniChief Marketing OfficerDr. Jeanette WintersChief Human Resources OfficerMr. Mehdi Salour (Age 48)Senior Vice President of Global Network & Development Operations Comp: $213.94kMore ExecutivesKey CompetitorsD-Wave QuantumNYSE:QBTSPark City GroupNASDAQ:PCYGVNET GroupNASDAQ:VNETSohu.comNASDAQ:SOHUTucowsNASDAQ:TCXView All CompetitorsInsiders & InstitutionsSuzy M SeandelSold 7,256 sharesTotal: $16,471.12 ($2.27/share)Samuel C WilsonSold 2,000 sharesTotal: $4,540.00 ($2.27/share)Kevin KrausSold 1,000 sharesTotal: $2,330.00 ($2.33/share)Samuel C WilsonSold 13,740 sharesTotal: $36,548.40 ($2.66/share)Laurence DennySold 3,498 sharesTotal: $9,304.68 ($2.66/share)View All Insider TransactionsView All Institutional Transactions EGHT Stock Analysis - Frequently Asked Questions Should I buy or sell 8X8 stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 8X8 in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" EGHT shares. View EGHT analyst ratings or view top-rated stocks. What is 8X8's stock price target for 2024? 6 brokers have issued 12 month price targets for 8X8's shares. Their EGHT share price targets range from $2.50 to $5.00. On average, they anticipate the company's share price to reach $3.68 in the next twelve months. This suggests a possible upside of 68.7% from the stock's current price. View analysts price targets for EGHT or view top-rated stocks among Wall Street analysts. How have EGHT shares performed in 2024? 8X8's stock was trading at $3.78 at the beginning of the year. Since then, EGHT shares have decreased by 42.3% and is now trading at $2.18. View the best growth stocks for 2024 here. Are investors shorting 8X8? 8X8 saw a decrease in short interest in March. As of March 31st, there was short interest totaling 15,080,000 shares, a decrease of 6.5% from the March 15th total of 16,120,000 shares. Based on an average daily trading volume, of 1,520,000 shares, the days-to-cover ratio is presently 9.9 days. View 8X8's Short Interest. When is 8X8's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our EGHT earnings forecast. How were 8X8's earnings last quarter? 8x8, Inc. (NASDAQ:EGHT) released its earnings results on Tuesday, August, 8th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by $0.01. The business had revenue of $183.30 million for the quarter, compared to analysts' expectations of $187.09 million. 8X8 had a negative net margin of 7.28% and a negative trailing twelve-month return on equity of 5.89%. The firm's quarterly revenue was down 2.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.14) earnings per share. What ETFs hold 8X8's stock? ETFs with the largest weight of 8X8 (NASDAQ:EGHT) stock in their portfolio include Global X Education ETF (EDUT).Direxion Work From Home ETF (WFH). What guidance has 8X8 issued on next quarter's earnings? 8X8 issued an update on its fourth quarter 2024 earnings guidance on Wednesday, January, 31st. The company provided EPS guidance of for the period. The company issued revenue guidance of $176.0 million-$181.0 million, compared to the consensus revenue estimate of $185.8 million. How do I buy shares of 8X8? Shares of EGHT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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