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8X8 (EGHT) Competitors

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$1.74 -0.07 (-3.87%)
Closing price 04:00 PM Eastern
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$1.74 0.00 (-0.29%)
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EGHT vs. EVH, NEO, EEX, RSKD, WLDN, NRDS, PRSU, IIIV, TIXT, and PSFE

Should you be buying 8X8 stock or one of its competitors? The main competitors of 8X8 include Evolent Health (EVH), NeoGenomics (NEO), Emerald (EEX), Riskified (RSKD), Willdan Group (WLDN), NerdWallet (NRDS), Pursuit Attractions & Hospitality (PRSU), i3 Verticals (IIIV), TELUS Digital (TIXT), and Paysafe (PSFE). These companies are all part of the "business services" industry.

8X8 vs. Its Competitors

Evolent Health (NYSE:EVH) and 8X8 (NASDAQ:EGHT) are both small-cap computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, earnings, analyst recommendations, community ranking, risk, profitability, dividends, media sentiment and valuation.

Evolent Health has a beta of 0.87, meaning that its share price is 13% less volatile than the S&P 500. Comparatively, 8X8 has a beta of 1.79, meaning that its share price is 79% more volatile than the S&P 500.

In the previous week, 8X8 had 7 more articles in the media than Evolent Health. MarketBeat recorded 10 mentions for 8X8 and 3 mentions for Evolent Health. Evolent Health's average media sentiment score of 0.92 beat 8X8's score of 0.87 indicating that Evolent Health is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Evolent Health
2 Very Positive mention(s)
0 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)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Evolent Health has a net margin of -2.41% compared to 8X8's net margin of -6.33%. Evolent Health's return on equity of 5.73% beat 8X8's return on equity.

Company Net Margins Return on Equity Return on Assets
Evolent Health-2.41% 5.73% 2.36%
8X8 -6.33%-1.45%-0.21%

Evolent Health currently has a consensus price target of $17.79, indicating a potential upside of 115.19%. 8X8 has a consensus price target of $2.51, indicating a potential upside of 44.50%. Given Evolent Health's stronger consensus rating and higher probable upside, equities research analysts clearly believe Evolent Health is more favorable than 8X8.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Evolent Health
0 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
3.00
8X8
3 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00

94.0% of 8X8 shares are owned by institutional investors. 1.4% of Evolent Health shares are owned by insiders. Comparatively, 1.2% of 8X8 shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Evolent Health received 543 more outperform votes than 8X8 when rated by MarketBeat users. Likewise, 74.90% of users gave Evolent Health an outperform vote while only 48.65% of users gave 8X8 an outperform vote.

CompanyUnderperformOutperform
Evolent HealthOutperform Votes
579
74.90%
Underperform Votes
194
25.10%
8X8Outperform Votes
36
48.65%
Underperform Votes
38
51.35%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Evolent Health$2.40B0.40-$113.04M-$1.23-6.72
8X8$715.07M0.33-$67.59M-$0.21-8.29

Summary

Evolent Health beats 8X8 on 13 of the 19 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

Metric8X8Data processing & preparation IndustryComputer SectorNASDAQ Exchange
Market Cap$233.99M$4.29B$25.83B$8.50B
Dividend YieldN/A3.71%2.85%4.16%
P/E Ratio-4.8393.1344.3919.64
Price / Sales0.331,728.441,695.16152.17
Price / Cash4.1633.7434.7434.64
Price / Book2.026.426.824.60
Net Income-$67.59M$46.01M$741.34M$248.06M
7 Day Performance-3.87%-2.81%-0.37%-1.03%
1 Month Performance-9.84%-2.78%1.48%3.50%
1 Year Performance-24.84%19.89%52,519.86%12.68%

8X8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EGHT
8X8
4.2397 of 5 stars
$1.74
-3.9%
$2.51
+44.5%
-28.7%$233.99M$715.07M-4.832,220Analyst Forecast
Insider Trade
Short Interest ↓
EVH
Evolent Health
1.6633 of 5 stars
$8.51
+2.2%
$17.79
+109.0%
-63.6%$999.07M$2.40B-10.385,100
NEO
NeoGenomics
3.8042 of 5 stars
$7.56
+1.9%
$13.83
+83.0%
-47.4%$972.93M$672.36M-12.192,100
EEX
Emerald
1.2968 of 5 stars
$4.84
+3.2%
$7.90
+63.2%
-21.9%$962.48M$413.10M-8.96600
RSKD
Riskified
2.9086 of 5 stars
$5.16
+0.5%
$6.03
+17.0%
-22.1%$831.03M$333.50M-25.77780
WLDN
Willdan Group
4.0622 of 5 stars
$57.21
+0.4%
$51.50
-10.0%
+80.9%$829.37M$595.70M35.101,560
NRDS
NerdWallet
2.6825 of 5 stars
$11.10
-0.4%
$15.00
+35.1%
-21.1%$827.09M$734.90M27.75770Positive News
PRSU
Pursuit Attractions & Hospitality
0.5467 of 5 stars
$29.16
+2.6%
$29.67
+1.7%
N/A$823.95M$366.84M58.323,390
IIIV
i3 Verticals
4.6767 of 5 stars
$24.80
-0.1%
$29.57
+19.2%
+23.3%$823.78M$241.65M5.521,640Positive News
TIXT
TELUS Digital
2.2633 of 5 stars
$2.86
+0.2%
$4.07
+42.5%
-37.6%$786.98M$2.67B-8.1673,100Trending News
Analyst Forecast
Gap Down
High Trading Volume
PSFE
Paysafe
2.5331 of 5 stars
$12.99
+2.9%
$16.95
+30.5%
-30.6%$777.95M$1.69B-34.183,500Short Interest ↑
Gap Down

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This page (NASDAQ:EGHT) was last updated on 6/13/2025 by MarketBeat.com Staff
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