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8X8 (EGHT) Competitors

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$2.06 +0.04 (+1.88%)
As of 03:50 PM Eastern
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EGHT vs. RNG, MPLN, YEXT, MEG, RDWR, PRSU, NEO, EEX, IIIV, and AHG

Should you be buying 8X8 stock or one of its competitors? The main competitors of 8X8 include Ringcentral (RNG), MultiPlan (MPLN), Yext (YEXT), Montrose Environmental Group (MEG), Radware (RDWR), Pursuit Attractions and Hospitality (PRSU), NeoGenomics (NEO), Emerald (EEX), i3 Verticals (IIIV), and Akso Health Group (AHG). These companies are all part of the "business services" industry.

8X8 vs. Its Competitors

Ringcentral (NYSE:RNG) and 8X8 (NASDAQ:EGHT) are both computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their media sentiment, valuation, dividends, institutional ownership, profitability, analyst recommendations, earnings and risk.

98.6% of Ringcentral shares are held by institutional investors. Comparatively, 94.0% of 8X8 shares are held by institutional investors. 7.0% of Ringcentral shares are held by company insiders. Comparatively, 2.0% of 8X8 shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Ringcentral has a beta of 1.32, meaning that its stock price is 32% more volatile than the S&P 500. Comparatively, 8X8 has a beta of 1.87, meaning that its stock price is 87% more volatile than the S&P 500.

In the previous week, 8X8 had 2 more articles in the media than Ringcentral. MarketBeat recorded 9 mentions for 8X8 and 7 mentions for Ringcentral. Ringcentral's average media sentiment score of 0.88 beat 8X8's score of 0.86 indicating that Ringcentral is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ringcentral
3 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
8X8
3 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Ringcentral currently has a consensus price target of $30.62, suggesting a potential downside of 3.88%. 8X8 has a consensus price target of $2.49, suggesting a potential upside of 20.78%. Given 8X8's higher probable upside, analysts plainly believe 8X8 is more favorable than Ringcentral.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ringcentral
1 Sell rating(s)
9 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.21
8X8
3 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00

8X8 has lower revenue, but higher earnings than Ringcentral. Ringcentral is trading at a lower price-to-earnings ratio than 8X8, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ringcentral$2.40B1.20-$58.29M-$0.14-227.50
8X8$715.07M0.39-$27.21M-$0.16-12.86

Ringcentral has a net margin of -0.50% compared to 8X8's net margin of -2.96%. 8X8's return on equity of 11.38% beat Ringcentral's return on equity.

Company Net Margins Return on Equity Return on Assets
Ringcentral-0.50% -19.63% 6.10%
8X8 -2.96%11.38%1.92%

Summary

Ringcentral beats 8X8 on 10 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding EGHT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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EGHT vs. The Competition

Metric8X8INTERNET SOFTWARE IndustryComputer SectorNASDAQ Exchange
Market Cap$280.24M$19.86B$31.49B$10.23B
Dividend YieldN/A3.50%3.15%4.63%
P/E Ratio-12.8480.17449.1126.39
Price / Sales0.3971.141,729.56121.53
Price / Cash3.2684.4837.2060.52
Price / Book2.218.847.416.32
Net Income-$27.21M$355.93M$809.77M$271.37M
7 Day Performance-1.53%3.05%3.58%2.18%
1 Month Performance11.85%7.55%6.72%6.81%
1 Year Performance7.75%74.48%24,289.31%27.75%

8X8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EGHT
8X8
2.7477 of 5 stars
$2.06
+1.9%
$2.49
+20.8%
+8.0%$280.24M$715.07M-12.841,942
RNG
Ringcentral
3.5451 of 5 stars
$32.46
+1.6%
$30.62
-5.7%
+3.0%$2.89B$2.40B-231.874,260
MPLN
MultiPlan
0.2733 of 5 stars
$69.82
+3.2%
$12.50
-82.1%
N/A$1.13B$930.62M-0.73170News Coverage
YEXT
Yext
1.7993 of 5 stars
$8.81
-1.6%
$9.44
+7.2%
+35.4%$1.10B$420.96M-48.911,150
MEG
Montrose Environmental Group
2.4035 of 5 stars
$29.06
-4.4%
$32.00
+10.1%
+5.9%$1.07B$696.40M-19.243,410Positive News
RDWR
Radware
4.1435 of 5 stars
$25.55
+2.2%
$32.50
+27.2%
+21.3%$1.07B$274.88M79.851,208
PRSU
Pursuit Attractions and Hospitality
1.4184 of 5 stars
$36.91
-0.5%
$29.67
-19.6%
N/A$1.05B$366.49M62.851,500News Coverage
Positive News
NEO
NeoGenomics
3.2706 of 5 stars
$7.93
-0.6%
$13.22
+66.7%
-51.1%$1.03B$660.57M-9.792,200
EEX
Emerald
2.5762 of 5 stars
$5.06
-1.8%
$7.95
+57.3%
+2.3%$1.02B$398.80M101.10600Short Interest ↓
IIIV
i3 Verticals
4.6784 of 5 stars
$30.95
+1.2%
$34.33
+10.9%
+38.9%$986.67M$229.92M5.931,480News Coverage
Positive News
AHG
Akso Health Group
0.5263 of 5 stars
$1.77
+2.5%
N/A+103.0%$954.66M$14.78M0.0040News Coverage

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This page (NASDAQ:EGHT) was last updated on 9/17/2025 by MarketBeat.com Staff
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