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8X8 (EGHT) News Today

$2.73
+0.05 (+1.87%)
(As of 05/31/2024 ET)
8x8, Inc. (NASDAQ:EGHT) Given Consensus Recommendation of "Moderate Buy" by Analysts
8x8, Inc. (NASDAQ:EGHT - Get Free Report) has been given a consensus rating of "Moderate Buy" by the six research firms that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation
3 Sorry Telecom Stocks to Sell in May While You Still Can
Unveiling 4 Analyst Insights On 8x8
8X8 (NASDAQ:EGHT) Earns Buy Rating from Needham & Company LLC
Needham & Company LLC reaffirmed a "buy" rating and set a $3.50 price objective on shares of 8X8 in a report on Monday.
Boston Partners Buys 459,077 Shares of 8x8, Inc. (NASDAQ:EGHT)
Boston Partners lifted its stake in shares of 8x8, Inc. (NASDAQ:EGHT - Free Report) by 241.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 649,480 shares of the company's stock after purchasing an additional 459,077 shares during the
8X8 (NASDAQ:EGHT) Downgraded to Hold at StockNews.com
StockNews.com lowered 8X8 from a "buy" rating to a "hold" rating in a research note on Friday.
8X8 (NASDAQ:EGHT) Price Target Cut to $3.50 by Analysts at Needham & Company LLC
Needham & Company LLC dropped their target price on shares of 8X8 from $5.00 to $3.50 and set a "buy" rating for the company in a report on Thursday.
Craig-Hallum Keeps Their Buy Rating on 8X8 (EGHT)
8X8 (NASDAQ:EGHT) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS
8X8 (NASDAQ:EGHT - Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.01. The firm had revenue of $179.41 million for the quarter, compared to analyst estimates of $178.85 million. 8X8 had a negative net margin of 7.28% and a negative return on equity of 5.89%. The company's revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.03) EPS.
EGHT Stock Earnings: 8×8 Beats EPS, Beats Revenue for Q4 2024
8X8 (NASDAQ:EGHT) Issues FY25 Earnings Guidance
8X8 (NASDAQ:EGHT) updated its FY25 earnings guidance. The company provided EPS guidance of $0.37-0.45 for the period, compared to the consensus estimate of $0.45. The company also issued revenue guidance of $720-738 millionillion, compared to the consensus estimate of $733.21 millionillion.
8X8 earnings: here's what Wall Street expects
8x8, Inc. (NASDAQ:EGHT) to Post FY2024 Earnings of ($0.08) Per Share, B. Riley Forecasts
8x8, Inc. (NASDAQ:EGHT - Free Report) - Research analysts at B. Riley dropped their FY2024 earnings per share (EPS) estimates for shares of 8X8 in a research note issued to investors on Wednesday, May 1st. B. Riley analyst J. Nichols now expects that the company will post earnings per share of ($
8x8 CFO sells shares worth $2,330
8x8, Inc. (NASDAQ:EGHT) CAO Suzy M. Seandel Sells 7,256 Shares
8x8, Inc. (NASDAQ:EGHT - Get Free Report) CAO Suzy M. Seandel sold 7,256 shares of the firm's stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of $2.27, for a total transaction of $16,471.12. Following the completion of the sale, the chief accounting officer now owns 275,172 shares in the company, valued at approximately $624,640.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
8x8, Inc. (NASDAQ:EGHT) Sees Significant Decrease in Short Interest
8x8, Inc. (NASDAQ:EGHT - Get Free Report) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 15,080,000 shares, a decrease of 6.5% from the March 15th total of 16,120,000 shares. Based on an average daily volume of 1,520,000 shares, the days-to-cover ratio is currently 9.9 days.
Vanguard Group Inc. Sells 4,052,861 Shares of 8x8, Inc. (NASDAQ:EGHT)
Vanguard Group Inc. decreased its holdings in 8x8, Inc. (NASDAQ:EGHT - Free Report) by 27.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,605,256 shares of the company's stock after selling 4,052,861 sh
Kent Lake Capital LLC Takes Position in 8x8, Inc. (NASDAQ:EGHT)
Kent Lake Capital LLC purchased a new stake in shares of 8x8, Inc. (NASDAQ:EGHT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,750,000 shares of the company's stock, valued at a
8x8, Inc. (NASDAQ:EGHT) CEO Sells $36,548.40 in Stock
8x8 Receives Multiple Awards for Continued Innovation
8X8 (NASDAQ:EGHT) Rating Reiterated by Rosenblatt Securities
Rosenblatt Securities reissued a "buy" rating and set a $4.00 price target on shares of 8X8 in a research report on Monday.
In-Depth Examination Of 4 Analyst Recommendations For 8x8
Short Interest in 8x8, Inc. (NASDAQ:EGHT) Decreases By 6.0%
8x8, Inc. (NASDAQ:EGHT - Get Free Report) was the recipient of a significant decline in short interest in the month of February. As of February 29th, there was short interest totalling 15,910,000 shares, a decline of 6.0% from the February 14th total of 16,930,000 shares. Based on an average trading volume of 1,630,000 shares, the days-to-cover ratio is currently 9.8 days.
Sylebra Capital LLC Invests $36.26 Million in 8x8, Inc. (NASDAQ:EGHT)
Sylebra Capital LLC acquired a new position in 8x8, Inc. (NASDAQ:EGHT - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 14,389,476 shares of the company's stock, valued at approximately $36,261,000. 8
EGHT Aug 2024 2.500 put
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EGHT Media Mentions By Week

EGHT Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

EGHT
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0.64

Average
Computer and Technology
News Sentiment

EGHT News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

EGHT Articles
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EGHT Articles
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This page (NASDAQ:EGHT) was last updated on 6/2/2024 by MarketBeat.com Staff

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