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66,000% upside on tiny biotech? (Ad)
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Indonesia is set to launch Southeast Asia's first high-speed railway, largely funded by China
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
66,000% upside on tiny biotech? (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
Indonesia is set to launch Southeast Asia's first high-speed railway, largely funded by China
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
66,000% upside on tiny biotech? (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
Indonesia is set to launch Southeast Asia's first high-speed railway, largely funded by China
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
66,000% upside on tiny biotech? (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
Indonesia is set to launch Southeast Asia's first high-speed railway, largely funded by China

8X8 (EGHT) Stock Forecast, Price & News

$2.52
+0.04 (+1.61%)
(As of 09/29/2023 ET)
Compare
Today's Range
$2.51
$2.59
50-Day Range
$2.44
$4.81
52-Week Range
$2.37
$6.49
Volume
1.58 million shs
Average Volume
3.93 million shs
Market Capitalization
$302.27 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.13

8X8 MarketRank™ Forecast

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
103.5% Upside
$5.13 Price Target
Short Interest
Bearish
15.27% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.05mentions of 8X8 in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$354,937 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.22) to ($0.14) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.80 out of 5 stars

Computer And Technology Sector

496th out of 608 stocks

Data Processing & Preparation Industry

48th out of 60 stocks


EGHT stock logo

About 8X8 (NASDAQ:EGHT) Stock

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 Price History

EGHT Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
8X8 (NASDAQ:EGHT) Receives "Buy" Rating from Rosenblatt Securities
8x8 (NASDAQ: EGHT)
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
8x8 Launches New SMS Fraud Prevention Communication API
The Latest Analyst Ratings for 8x8
Wells Fargo Remains a Sell on 8X8 (EGHT)
Bank of America Securities Sticks to Its Buy Rating for 8X8 (EGHT)
8x8 Wins 2023 TrustRadius Tech Cares Award
8x8 (NYSE:EGHT) Misses Q1 Revenue Estimates
Barclays Reaffirms Their Hold Rating on 8X8 (EGHT)
8x8 (EGHT) Q1 Earnings and Revenues Lag Estimates
See More Headlines
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EGHT Company Calendar

Last Earnings
8/08/2023
Today
10/01/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
3/31/2024

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 Forecast
$5.13
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+103.5%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
9 Analysts

Profitability

Net Income
$-73,140,000.00
Pretax Margin
-7.92%

Debt

Sales & Book Value

Annual Sales
$743.94 million
Cash Flow
$0.38 per share
Book Value
$0.88 per share

Miscellaneous

Free Float
118,651,000
Market Cap
$302.27 million
Optionable
Optionable
Beta
1.31
12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

  • Mr. Samuel C. Wilson
    CEO & Director
  • Mr. Kevin Kraus
    Chief Financial Officer
  • Ms. Suzy Seandel
    Sr. VP & Chief Accounting Officer
  • Mr. Laurence Denny
    Chief Legal Officer & Corp. Sec.
  • Dr. Hunter Middleton Ph.D. (Age 56)
    Chief Product Officer & Chief Innovation Officer
    Comp: $589.84k
  • Mr. Bryan R. Martin (Age 55)
    Chief Technology Officer
  • Colin Carmichael
    Chief Information Officer
  • Ms. Kate Patterson
    VP of Investor Relations
  • Mr. Rob Pilgrim
    Sr. VP, Chief of Staff & Interim Chief Marketing Officer
  • Dr. Jeanette Winters
    Chief HR Officer













EGHT Stock - Frequently Asked Questions

Should I buy or sell 8X8 stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 8X8 in the last year. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" EGHT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EGHT, but not buy additional shares or sell existing shares.
View EGHT analyst ratings
or view top-rated stocks.

What is 8X8's stock price forecast for 2023?

9 Wall Street research analysts have issued 1 year target prices for 8X8's stock. Their EGHT share price forecasts range from $3.00 to $8.00. On average, they expect the company's stock price to reach $5.13 in the next twelve months. This suggests a possible upside of 103.5% 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 2023?

8X8's stock was trading at $4.32 at the beginning of the year. Since then, EGHT stock has decreased by 41.7% and is now trading at $2.52.
View the best growth stocks for 2023 here
.

Are investors shorting 8X8?

8X8 saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 18,320,000 shares, an increase of 6.4% from the August 31st total of 17,220,000 shares. Based on an average trading volume of 2,280,000 shares, the days-to-cover ratio is presently 8.0 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, October 26th 2023.
View our EGHT earnings forecast
.

How were 8X8's earnings last quarter?

8x8, Inc. (NASDAQ:EGHT) posted 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 company had revenue of $183.30 million for the quarter, compared to the consensus estimate of $187.09 million. 8X8 had a negative trailing twelve-month return on equity of 41.65% and a negative net margin of 8.44%. The company'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) EPS.

What ETFs hold 8X8's stock?
What guidance has 8X8 issued on next quarter's earnings?

8X8 updated its second quarter 2024 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $180.00 million-$186.00 million, compared to the consensus revenue estimate of $189.88 million.

What is 8X8's stock symbol?

8X8 trades on the NASDAQ under the ticker symbol "EGHT."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is 8X8's stock price today?

One share of EGHT stock can currently be purchased for approximately $2.52.

How much money does 8X8 make?

8X8 (NASDAQ:EGHT) has a market capitalization of $302.27 million and generates $743.94 million in revenue each year. The company earns $-73,140,000.00 in net income (profit) each year or ($0.54) on an earnings per share basis.

How many employees does 8X8 have?

The company employs 1,921 workers across the globe.

How can I contact 8X8?

8X8's mailing address is 675 Creekside Way, Campbell CA, 95008. The official website for the company is www.8x8.com. The company can be reached via phone at (408) 727-1885, via email at investor.relations@8x8.com, or via fax at 408-727-1885.

This page (NASDAQ:EGHT) was last updated on 10/1/2023 by MarketBeat.com Staff

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