Free Trial

8X8 (EGHT) Competitors

8X8 logo
$2.22 +0.01 (+0.23%)
As of 03:30 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

EGHT vs. XMTR, DGNX, CTOS, EVH, OLO, RDWR, FVRR, PSFE, RSKD, and TIXT

Should you be buying 8X8 stock or one of its competitors? The main competitors of 8X8 include Xometry (XMTR), Diginex (DGNX), Custom Truck One Source (CTOS), Evolent Health (EVH), OLO (OLO), Radware (RDWR), Fiverr International (FVRR), Paysafe (PSFE), Riskified (RSKD), and TELUS International (Cda) (TIXT). These companies are all part of the "business services" industry.

8X8 vs.

Xometry (NASDAQ:XMTR) and 8X8 (NASDAQ:EGHT) are both small-cap industrial products companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, analyst recommendations, dividends, media sentiment, institutional ownership, earnings, community ranking, valuation and profitability.

Xometry has a beta of 0.69, indicating that its stock price is 31% less volatile than the S&P 500. Comparatively, 8X8 has a beta of 1.78, indicating that its stock price is 78% more volatile than the S&P 500.

Xometry has higher earnings, but lower revenue than 8X8. Xometry 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
Xometry$545.53M2.37-$67.47M-$1.03-25.00
8X8$717.44M0.42-$67.59M-$0.36-6.38

97.3% of Xometry shares are owned by institutional investors. Comparatively, 94.0% of 8X8 shares are owned by institutional investors. 16.8% of Xometry shares are owned by company insiders. Comparatively, 1.2% of 8X8 shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

In the previous week, Xometry had 3 more articles in the media than 8X8. MarketBeat recorded 6 mentions for Xometry and 3 mentions for 8X8. Xometry's average media sentiment score of 0.57 beat 8X8's score of 0.25 indicating that Xometry is being referred to more favorably in the media.

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

Xometry received 5 more outperform votes than 8X8 when rated by MarketBeat users. However, 50.85% of users gave 8X8 an outperform vote while only 49.30% of users gave Xometry an outperform vote.

CompanyUnderperformOutperform
XometryOutperform Votes
35
49.30%
Underperform Votes
36
50.70%
8X8Outperform Votes
30
50.85%
Underperform Votes
29
49.15%

Xometry presently has a consensus target price of $36.11, suggesting a potential upside of 40.26%. 8X8 has a consensus target price of $2.99, suggesting a potential upside of 30.10%. Given Xometry's stronger consensus rating and higher probable upside, analysts plainly believe Xometry is more favorable than 8X8.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Xometry
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56
8X8
3 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00

8X8 has a net margin of -6.33% compared to Xometry's net margin of -9.72%. 8X8's return on equity of -1.45% beat Xometry's return on equity.

Company Net Margins Return on Equity Return on Assets
Xometry-9.72% -10.16% -4.74%
8X8 -6.33%-1.45%-0.21%

Summary

Xometry beats 8X8 on 10 of the 18 factors compared between the two stocks.

Remove Ads
Get 8X8 News Delivered to You Automatically

Sign up to receive the latest news and ratings for EGHT and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

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.
Skip Chart

EGHT vs. The Competition

Metric8X8Data processing & preparation IndustryComputer SectorNASDAQ Exchange
Market Cap$302.24M$3.98B$23.56B$8.07B
Dividend YieldN/A3.38%2.80%4.09%
P/E Ratio-6.3765.1542.5419.15
Price / Sales0.42589.312,354.4188.06
Price / Cash4.1633.7434.6134.64
Price / Book2.675.996.174.34
Net Income-$67.59M$44.05M$735.23M$247.06M
7 Day Performance8.25%2.63%1.86%1.12%
1 Month Performance-22.73%-10.54%49,693.49%-9.04%
1 Year Performance-14.04%9.78%52,784.63%4.91%

8X8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EGHT
8X8
2.5577 of 5 stars
$2.23
+0.2%
$2.99
+34.2%
-16.9%$293.02M$717.44M-6.181,948
XMTR
Xometry
3.4623 of 5 stars
$23.04
-6.5%
$36.11
+56.7%
+53.6%$1.14B$545.53M-21.94790Gap Down
DGNX
Diginex
N/A$50.16
-7.3%
N/AN/A$1.14B$1.18M0.0021News Coverage
CTOS
Custom Truck One Source
1.6864 of 5 stars
$4.74
-3.8%
$5.88
+24.1%
-12.7%$1.11B$1.80B-29.592,580Positive News
EVH
Evolent Health
2.4943 of 5 stars
$9.06
+0.7%
$17.71
+95.6%
-68.5%$1.06B$2.55B-11.044,700High Trading Volume
OLO
OLO
3.4071 of 5 stars
$5.98
-7.4%
$8.67
+45.0%
+16.3%$991.95M$284.94M-59.74710Analyst Downgrade
Gap Down
RDWR
Radware
3.8115 of 5 stars
$21.46
-2.9%
$30.00
+39.8%
+13.9%$901.21M$274.88M153.301,140Positive News
FVRR
Fiverr International
3.9406 of 5 stars
$24.83
-2.6%
$34.63
+39.4%
+14.6%$890.15M$391.48M52.84790Buyback Announcement
PSFE
Paysafe
1.7085 of 5 stars
$14.45
-9.4%
$17.88
+23.7%
+16.5%$877.87M$1.70B-38.013,200
RSKD
Riskified
2.1137 of 5 stars
$4.61
-0.3%
$5.78
+25.5%
-13.0%$821.49M$318.05M-23.04780Analyst Forecast
TIXT
TELUS International (Cda)
2.3003 of 5 stars
$2.96
-0.5%
$7.21
+144.1%
-67.0%$812.63M$2.66B-8.4473,100Short Interest ↑
Remove Ads

Related Companies and Tools


This page (NASDAQ:EGHT) was last updated on 3/19/2025 by MarketBeat.com Staff
From Our Partners