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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
The Battery Metal Nobody Told You About (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
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What analysts wanted out of Chewy stock is finally here
Even Scrooge can’t pass up these 3 bargain stocks
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The truth about DocuSign's relevancy in today's world: Surprise
SoFi expands ETF business with options-driven income fund
S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
The Battery Metal Nobody Told You About (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
The Battery Metal Nobody Told You About (Ad)
What analysts wanted out of Chewy stock is finally here
Even Scrooge can’t pass up these 3 bargain stocks
U.S. Military Defense Fails Without Vanadium? (Ad)
The truth about DocuSign's relevancy in today's world: Surprise
SoFi expands ETF business with options-driven income fund

8X8 Stock Price, News & Analysis (NASDAQ:EGHT)

$3.22
-0.02 (-0.62%)
(As of 12/5/2023 ET)
Compare
Today's Range
$3.16
$3.30
50-Day Range
$2.24
$3.28
52-Week Range
$2.15
$6.49
Volume
1.08 million shs
Average Volume
1.82 million shs
Market Capitalization
$393.37 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.26

8X8 MarketRank™ Stock Analysis

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
32.2% Upside
$4.26 Price Target
Short Interest
Bearish
12.56% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.00mentions of 8X8 in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$166,602 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.07) to ($0.01) Per Share

Overall MarketRank

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

2.27 out of 5 stars

Computer And Technology Sector

220th out of 592 stocks

Data Processing & Preparation Industry

19th out of 49 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

Comparing 8X8 (NASDAQ:EGHT) & Adit EdTech Acquisition (NYSE:ADEX)
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
EGHT vs. FFIV: Which Stock Is the Better Value Option?
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
8x8 Shares Rise 31% After 2Q Report
Craig-Hallum Upgrades 8X8 (EGHT)
8×8, Inc. (NYSE:EGHT) Q2 2024 Earnings Call Transcript
Wells Fargo Keeps Their Sell Rating on 8X8 (EGHT)
8x8's (NASDAQ:EGHT) Posts Q2 Sales In Line With Estimates
Here's what to expect from 8X8's earnings
What To Expect From 8x8’s (EGHT) Q2 Earnings
What 8 Analyst Ratings Have To Say About 8x8
See More Headlines
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Company Calendar

Last Earnings
11/01/2023
Today
12/05/2023
Next Earnings (Estimated)
2/07/2024
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 Target
$4.26
High Stock Price Target
$7.00
Low Stock Price Target
$2.50
Potential Upside/Downside
+32.2%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
9 Analysts

Profitability

Net Income
$-73,140,000.00
Pretax Margin
-7.51%

Debt

Sales & Book Value

Annual Sales
$737.22 million
Cash Flow
$0.37 per share
Book Value
$0.88 per share

Miscellaneous

Free Float
120,845,000
Market Cap
$393.37 million
Optionable
Optionable
Beta
1.40
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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 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
    Vice President of Investor Relations
  • Mr. Bruno Bertini
    Chief Marketing Officer
  • Dr. Jeanette Winters
    Chief Human Resources Officer














EGHT Stock Analysis - Frequently Asked Questions

Should I buy or sell 8X8 stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for 8X8 in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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 target for 2024?

9 equities research analysts have issued 12-month price objectives for 8X8's shares. Their EGHT share price targets range from $2.50 to $7.00. On average, they anticipate the company's stock price to reach $4.26 in the next twelve months. This suggests a possible upside of 32.2% 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 2023. Since then, EGHT stock has decreased by 25.5% and is now trading at $3.22.
View the best growth stocks for 2023 here
.

When is 8X8's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 7th 2024.
View our EGHT earnings forecast
.

How were 8X8's earnings last quarter?

8x8, Inc. (NASDAQ:EGHT) released its earnings results on Wednesday, November, 1st. The company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.09. The company had revenue of $185 million for the quarter, compared to the consensus estimate of $183.94 million. 8X8 had a negative net margin of 7.90% and a negative trailing twelve-month return on equity of 18.85%.

What ETFs hold 8X8's stock?
Who are 8X8's major shareholders?

8X8's stock is owned by a variety of institutional and retail investors. Top institutional investors include Impax Asset Management Group plc (2.78%), Bank of New York Mellon Corp (2.49%), B. Riley Asset Management LLC (1.28%), S Squared Technology LLC (1.11%), Charles Schwab Investment Management Inc. (1.02%) and Northern Trust Corp (0.96%). 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, Steve Seger 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:EGHT) was last updated on 12/6/2023 by MarketBeat.com Staff

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