S&P 500   5,251.47 (+0.06%)
DOW   39,776.66 (+0.04%)
QQQ   443.89 (-0.21%)
AAPL   171.13 (-1.26%)
MSFT   420.22 (-0.29%)
META   488.40 (-1.11%)
GOOGL   150.71 (-0.11%)
AMZN   180.36 (+0.29%)
TSLA   177.22 (-1.45%)
NVDA   906.97 (+0.50%)
NIO   4.54 (-2.78%)
AMD   180.82 (+0.68%)
BABA   72.46 (+1.22%)
T   17.65 (+0.57%)
F   13.22 (+1.23%)
MU   117.91 (-1.03%)
CGC   9.07 (-5.03%)
GE   174.74 (-2.99%)
DIS   122.72 (+1.44%)
AMC   3.69 (-14.98%)
PFE   28.08 (+1.08%)
PYPL   67.24 (+1.01%)
XOM   115.87 (+0.78%)
S&P 500   5,251.47 (+0.06%)
DOW   39,776.66 (+0.04%)
QQQ   443.89 (-0.21%)
AAPL   171.13 (-1.26%)
MSFT   420.22 (-0.29%)
META   488.40 (-1.11%)
GOOGL   150.71 (-0.11%)
AMZN   180.36 (+0.29%)
TSLA   177.22 (-1.45%)
NVDA   906.97 (+0.50%)
NIO   4.54 (-2.78%)
AMD   180.82 (+0.68%)
BABA   72.46 (+1.22%)
T   17.65 (+0.57%)
F   13.22 (+1.23%)
MU   117.91 (-1.03%)
CGC   9.07 (-5.03%)
GE   174.74 (-2.99%)
DIS   122.72 (+1.44%)
AMC   3.69 (-14.98%)
PFE   28.08 (+1.08%)
PYPL   67.24 (+1.01%)
XOM   115.87 (+0.78%)
S&P 500   5,251.47 (+0.06%)
DOW   39,776.66 (+0.04%)
QQQ   443.89 (-0.21%)
AAPL   171.13 (-1.26%)
MSFT   420.22 (-0.29%)
META   488.40 (-1.11%)
GOOGL   150.71 (-0.11%)
AMZN   180.36 (+0.29%)
TSLA   177.22 (-1.45%)
NVDA   906.97 (+0.50%)
NIO   4.54 (-2.78%)
AMD   180.82 (+0.68%)
BABA   72.46 (+1.22%)
T   17.65 (+0.57%)
F   13.22 (+1.23%)
MU   117.91 (-1.03%)
CGC   9.07 (-5.03%)
GE   174.74 (-2.99%)
DIS   122.72 (+1.44%)
AMC   3.69 (-14.98%)
PFE   28.08 (+1.08%)
PYPL   67.24 (+1.01%)
XOM   115.87 (+0.78%)
S&P 500   5,251.47 (+0.06%)
DOW   39,776.66 (+0.04%)
QQQ   443.89 (-0.21%)
AAPL   171.13 (-1.26%)
MSFT   420.22 (-0.29%)
META   488.40 (-1.11%)
GOOGL   150.71 (-0.11%)
AMZN   180.36 (+0.29%)
TSLA   177.22 (-1.45%)
NVDA   906.97 (+0.50%)
NIO   4.54 (-2.78%)
AMD   180.82 (+0.68%)
BABA   72.46 (+1.22%)
T   17.65 (+0.57%)
F   13.22 (+1.23%)
MU   117.91 (-1.03%)
CGC   9.07 (-5.03%)
GE   174.74 (-2.99%)
DIS   122.72 (+1.44%)
AMC   3.69 (-14.98%)
PFE   28.08 (+1.08%)
PYPL   67.24 (+1.01%)
XOM   115.87 (+0.78%)
NASDAQ:EGHT

8X8 (EGHT) Stock Price, News & Analysis

$2.77
+0.03 (+1.09%)
(As of 01:39 PM ET)
Today's Range
$2.71
$2.89
50-Day Range
$2.44
$3.74
52-Week Range
$2.15
$4.88
Volume
295,259 shs
Average Volume
1.56 million shs
Market Capitalization
$341.88 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.72

8X8 MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
30.6% Upside
$3.72 Price Target
Short Interest
Bearish
13.06% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.94mentions of 8X8 in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$119,238 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.06) to ($0.02) Per Share

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.

1.23 out of 5 stars

Computer And Technology Sector

488th out of 588 stocks

Data Processing & Preparation Industry

46th out of 59 stocks

EGHT stock logo

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.

EGHT Stock Price History

EGHT Stock News Headlines

8x8, Inc. (NASDAQ:EGHT) CEO Sells $36,548.40 in Stock
Only a fool would buy Nvidia today…
Average people are too busy throwing their money into Nvidia, Google, and every other overvalued tech firm… while missing what could be the biggest story of the decade.
Short Interest in 8x8, Inc. (NASDAQ:EGHT) Declines By 6.0%
8x8 Receives Multiple Awards for Continued Innovation
8X8 (NASDAQ:EGHT) Given Buy Rating at Rosenblatt Securities
Brightcove (NASDAQ:BCOV) and 8X8 (NASDAQ:EGHT) Critical Review
Only a fool would buy Nvidia today…
Average people are too busy throwing their money into Nvidia, Google, and every other overvalued tech firm… while missing what could be the biggest story of the decade.
In-Depth Examination Of 4 Analyst Recommendations For 8x8
EGHT Aug 2024 2.500 put
8x8, Inc. Issues New Employee Inducement Grants
Balancing Act: Positive Profitability Amidst Revenue Challenges for 8X8
8×8, Inc. (NYSE:EGHT) Q3 2024 Earnings Call Transcript
See 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.

Company Calendar

Last Earnings
8/08/2023
Today
3/28/2024
Fiscal Year End
3/31/2024
Next Earnings (Estimated)
5/09/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Current Symbol
NASDAQ:EGHT
Employees
1,921
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.72
High Stock Price Target
$5.00
Low Stock Price Target
$2.50
Potential Upside/Downside
+35.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-73,140,000.00
Pretax Margin
-6.83%

Debt

Sales & Book Value

Annual Sales
$743.94 million
Cash Flow
$0.39 per share
Book Value
$0.88 per share

Miscellaneous

Free Float
122,088,000
Market Cap
$338.17 million
Optionable
Optionable
Beta
1.47
(Almost) Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report

Key Executives

  • Mr. Samuel C. Wilson
    CEO & Director
  • Mr. Kevin Kraus
    Chief Financial Officer
  • Ms. Suzy Seandel
    Senior VP & Chief Accounting Officer
  • Mr. Laurence Denny
    Chief Legal Officer & Corporate Secretary
  • Dr. Hunter Middleton Ph.D. (Age 57)
    Chief Product Officer & Chief Innovation Officer
    Comp: $589.84k
  • Mr. Bryan R. Martin (Age 56)
    Chief Technology Officer
  • Ms. Kate Patterson
    Vice President of Investor Relations
  • Mr. Bruno Bertini
    Chief Marketing Officer
  • Dr. Jeanette Winters
    Chief Human Resources Officer
  • Mr. Mehdi Salour (Age 48)
    Senior Vice President of Global Network & Development Operations
    Comp: $213.94k

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 twelve months. 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 brokerages have issued twelve-month target prices for 8X8's shares. Their EGHT share price targets range from $2.50 to $5.00. On average, they expect the company's stock price to reach $3.72 in the next year. This suggests a possible upside of 30.6% 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 start of the year. Since then, EGHT stock has decreased by 24.6% and is now trading at $2.85.
View the best growth stocks for 2024 here
.

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) issued its earnings results on Tuesday, August, 8th. The company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.14 by $0.01. The firm 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% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.14) earnings per share.

What ETFs hold 8X8's stock?
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.

Who are 8X8's major shareholders?

8X8's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.82%), Vanguard Group Inc. (8.82%), Kent Lake Capital LLC (2.23%), Invenomic Capital Management LP (1.68%), S Squared Technology LLC (1.25%) and Voya Investment Management LLC (1.01%). Insiders that own company stock include Bryan R Martin, David Sipes, Dejan Deklich, Elizabeth Harriet Theophille, Eric Salzman, Germaine Cota, Hunter Middleton, Kevin Kraus, Laurence Denny, Matthew Zinn, Nathan Blecharczyk, Samuel C Wilson and Suzy M Seandel.
View institutional ownership trends
.

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.

This page (NASDAQ:EGHT) was last updated on 3/28/2024 by MarketBeat.com Staff

From Our Partners