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8X8 (EGHT) Competitors

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$1.82 -0.05 (-2.67%)
Closing price 04:00 PM Eastern
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$1.80 -0.02 (-1.10%)
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EGHT vs. RNG, RDWR, TIXT, DGNX, PRSU, YEXT, EEX, MEG, MPLN, and IBTA

Should you be buying 8X8 stock or one of its competitors? The main competitors of 8X8 include Ringcentral (RNG), Radware (RDWR), Telus Digital (TIXT), Diginex (DGNX), Pursuit Attractions and Hospitality (PRSU), Yext (YEXT), Emerald (EEX), Montrose Environmental Group (MEG), MultiPlan (MPLN), and Ibotta (IBTA). These companies are all part of the "business services" industry.

8X8 vs. Its Competitors

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

In the previous week, Ringcentral had 3 more articles in the media than 8X8. MarketBeat recorded 10 mentions for Ringcentral and 7 mentions for 8X8. Ringcentral's average media sentiment score of 0.98 beat 8X8's score of 0.51 indicating that Ringcentral is being referred to more favorably in the news media.

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

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

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
8X8-2.96% 11.38% 1.92%
Ringcentral -0.50%-19.63%6.10%

8X8 has a beta of 1.85, suggesting that its stock price is 85% more volatile than the S&P 500. Comparatively, Ringcentral has a beta of 1.28, suggesting that its stock price is 28% more volatile than the S&P 500.

8X8 currently has a consensus price target of $2.49, suggesting a potential upside of 36.58%. Ringcentral has a consensus price target of $30.62, suggesting a potential upside of 3.99%. Given 8X8's higher possible upside, equities analysts plainly believe 8X8 is more favorable than Ringcentral.

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

8X8 has higher earnings, but lower revenue 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
8X8$718.28M0.35-$27.21M-$0.16-11.38
Ringcentral$2.40B1.11-$58.29M-$0.14-210.30

Summary

Ringcentral beats 8X8 on 11 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$248.19M$19.02B$29.12B$9.59B
Dividend YieldN/A3.79%3.11%4.09%
P/E Ratio-11.3872.1152.1225.02
Price / Sales0.35183.301,456.14177.03
Price / Cash2.9183.5936.1159.16
Price / Book1.9417.019.186.28
Net Income-$27.21M$346.10M$803.97M$265.47M
7 Day Performance-6.67%-2.72%-1.31%-2.02%
1 Month Performance-5.70%-5.06%-2.28%0.34%
1 Year Performance10.30%57.95%24,073.12%20.73%

8X8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EGHT
8X8
3.7048 of 5 stars
$1.82
-2.7%
$2.49
+36.6%
+8.1%$248.19M$718.28M-11.381,942
RNG
Ringcentral
3.5095 of 5 stars
$27.08
-5.8%
$30.62
+13.1%
-12.0%$2.59B$2.40B-193.414,260Positive News
RDWR
Radware
3.6157 of 5 stars
$24.29
-1.2%
$32.50
+33.8%
+8.5%$1.05B$274.88M51.211,208
TIXT
Telus Digital
1.9303 of 5 stars
$3.86
+1.7%
$3.69
-4.3%
+10.0%$1.04B$2.66B29.1578,879Positive News
DGNX
Diginex
N/A$46.15
+4.6%
N/AN/A$1.01BN/A0.0021Stock Split
PRSU
Pursuit Attractions and Hospitality
N/A$34.37
-1.9%
$29.67
-13.7%
N/A$990.46M$366.49M59.371,500
YEXT
Yext
1.7239 of 5 stars
$7.74
-1.3%
$9.44
+22.0%
+66.1%$959.60M$420.96M-42.971,150News Coverage
Positive News
Analyst Forecast
Gap Up
EEX
Emerald
2.0466 of 5 stars
$4.63
-3.8%
$7.90
+70.7%
-3.9%$952.25M$398.80M92.58600
MEG
Montrose Environmental Group
2.4127 of 5 stars
$25.38
-2.9%
$32.00
+26.1%
-18.2%$922.04M$696.40M-16.813,410
MPLN
MultiPlan
0.2474 of 5 stars
$56.81
+3.4%
$12.50
-78.0%
N/A$918.68M$930.62M-0.60170
IBTA
Ibotta
3.5846 of 5 stars
$31.50
-4.0%
$61.60
+95.6%
N/A$830.18M$367.25M22.16N/AHigh Trading Volume

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This page (NASDAQ:EGHT) was last updated on 8/20/2025 by MarketBeat.com Staff
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