NASDAQ:EGHT 8X8 (EGHT) Stock Price, News & Analysis → Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share (From Colonial Metals) (Ad) Free EGHT Stock Alerts $2.59 -0.22 (-7.83%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$2.58▼$2.8350-Day Range$2.15▼$3.1552-Week Range$2.12▼$4.88Volume1.69 million shsAverage Volume1.42 million shsMarket Capitalization$319.66 millionP/E RatioN/ADividend YieldN/APrice Target$3.46 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get 8X8 alerts: Email Address 8X8 MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside33.8% Upside$3.46 Price TargetShort InterestBearish11.75% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.24Based on 23 Articles This WeekInsider TradingSelling Shares$81,979 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.06) to ($0.02) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.53 out of 5 starsComputer And Technology Sector479th out of 601 stocksData Processing & Preparation Industry40th out of 59 stocks 3.3 Analyst's Opinion Consensus Rating8X8 has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst Coverage8X8 has only been the subject of 3 research reports in the past 90 days.Read more about 8X8's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted11.75% of the outstanding shares of 8X8 have been sold short.Short Interest Ratio / Days to Cover8X8 has a short interest ratio ("days to cover") of 10.7, which indicates bearish sentiment.Change versus previous monthShort interest in 8X8 has recently decreased by 2.42%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend Yield8X8 does not currently pay a dividend.Dividend Growth8X8 does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EGHT. Previous Next 1.8 News and Social Media Coverage News Sentiment8X8 has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 23 news articles for 8X8 this week, compared to 4 articles on an average week.Search InterestOnly 3 people have searched for EGHT on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, 8X8 insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $81,979.00 in company stock.Percentage Held by InsidersOnly 1.08% of the stock of 8X8 is held by insiders.Percentage Held by Institutions93.99% of the stock of 8X8 is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about 8X8's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for 8X8 are expected to grow in the coming year, from ($0.06) to ($0.02) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of 8X8 is -5.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of 8X8 is -5.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share Ratio8X8 has a P/B Ratio of 2.94. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about 8X8's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… 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.Read More EGHT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EGHT Stock News HeadlinesApril 18, 2024 | insidertrades.comInsider Selling: 8x8, Inc. (NASDAQ:EGHT) CAO Sells 7,256 Shares of StockMay 9, 2024 | markets.businessinsider.comCraig-Hallum Keeps Their Buy Rating on 8X8 (EGHT)May 10, 2024 | Crypto 101 Media (Ad)Elon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.May 9, 2024 | finance.yahoo.com8×8, Inc. (NYSE:EGHT) Q4 2024 Earnings Call TranscriptMay 9, 2024 | finance.yahoo.com8x8 Inc (EGHT) Q4 2024 Earnings Call Transcript Highlights: Strategic Repayments and Revenue ...May 8, 2024 | markets.businessinsider.comEGHT Stock Earnings: 8×8 Beats EPS, Beats Revenue for Q4 2024May 8, 2024 | markets.businessinsider.com8X8 earnings: here's what Wall Street expectsMay 8, 2024 | finance.yahoo.com8x8, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial ResultsMay 10, 2024 | Crypto 101 Media (Ad)Elon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.May 8, 2024 | finance.yahoo.com8x8 (NASDAQ:EGHT) Posts Q1 Sales In Line With EstimatesMay 8, 2024 | americanbankingnews.com8x8, Inc. (NASDAQ:EGHT) Receives Consensus Recommendation of "Moderate Buy" from BrokeragesMay 7, 2024 | finance.yahoo.com8x8 (EGHT) Reports Q1: Everything You Need To Know Ahead Of EarningsMay 6, 2024 | americanbankingnews.com8X8 (EGHT) Scheduled to Post Earnings on WednesdayMay 4, 2024 | americanbankingnews.comFY2024 EPS Estimates for 8x8, Inc. Cut by B. Riley (NASDAQ:EGHT)May 2, 2024 | businesswire.comThinktank Group Gets Customized White Label and Brand Insights with 8x8April 30, 2024 | msn.com8x8 Launches 8x8 Engage to Bridge Customer Experience Journey Gaps Across OrganisationsApril 29, 2024 | msn.comCanada to deliver ACSV 8x8 armored personnel carriers to Ukraine: DetailsApril 25, 2024 | finance.yahoo.com8x8’s Latest Platform Innovations Enable Organizations to Bridge Customer Experience Gaps and Deliver Superior End-to-end Customer EngagementApril 25, 2024 | businesswire.com8x8's Latest Platform Innovations Enable Organizations to Bridge Customer Experience Gaps and Deliver Superior End-to-end Customer EngagementApril 22, 2024 | businesswire.com8x8, Inc. Schedules Fourth Quarter and Fiscal 2024 Earnings Release and Conference CallApril 19, 2024 | investing.com8x8 Inc executive sells over $16k in company stockApril 18, 2024 | investing.com8x8 CFO sells shares worth $2,330April 16, 2024 | businesswire.com8x8 Launches Operator Connect for Microsoft Teams to Streamline Reliable Telephony Deployment and Adoption for Organizations Using TeamsApril 15, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Zscaler (ZS) and 8X8 (EGHT)March 21, 2024 | investing.com8x8 Inc executive sells over $26k in company stockMarch 19, 2024 | finance.yahoo.com8x8 Receives Multiple Awards for Continued InnovationMarch 18, 2024 | markets.businessinsider.comIn-Depth Examination Of 4 Analyst Recommendations For 8x8See More Headlines Receive EGHT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for 8X8 and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/08/2024Today5/10/2024Next Earnings (Estimated)8/13/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Data processing & preparation Sub-IndustryN/A Current SymbolNASDAQ:EGHT CUSIPN/A CIK1023731 Webwww.8x8.com Phone(408) 727-1885Fax408-727-1885Employees1,921Year FoundedN/APrice Target and Rating Average Stock Price Target$3.46 High Stock Price Target$4.50 Low Stock Price Target$2.50 Potential Upside/Downside+33.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.44) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-73,140,000.00 Net Margins-7.28% Pretax Margin-6.83% Return on Equity-5.89% Return on Assets-0.75% Debt Debt-to-Equity Ratio3.73 Current Ratio1.31 Quick Ratio1.31 Sales & Book Value Annual Sales$743.94 million Price / Sales0.43 Cash Flow$0.44 per share Price / Cash Flow5.92 Book Value$0.88 per share Price / Book2.94Miscellaneous Outstanding Shares123,420,000Free Float122,088,000Market Cap$319.66 million OptionableOptionable Beta1.46 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Samuel C. WilsonCEO & DirectorMr. Kevin KrausChief Financial OfficerMs. Suzy SeandelSenior VP & Chief Accounting OfficerMr. Laurence DennyChief Legal Officer & Corporate SecretaryDr. Hunter Middleton Ph.D. (Age 57)Chief Product Officer & Chief Innovation Officer Comp: $589.84kMr. Bryan R. Martin (Age 56)Chief Technology Officer Ms. Kate PattersonVice President of Investor RelationsMr. Bruno BertiniChief Marketing OfficerDr. Jeanette WintersChief Human Resources OfficerMr. Mehdi Salour (Age 48)Senior Vice President of Global Network & Development Operations Comp: $213.94kMore ExecutivesKey CompetitorsPark City GroupNASDAQ:PCYGD-Wave QuantumNYSE:QBTSSohu.comNASDAQ:SOHUInnodataNASDAQ:INODTucowsNASDAQ:TCXView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 561,436 shares on 5/10/2024Ownership: 9.276%Acadian Asset Management LLCBought 1,279,145 shares on 5/10/2024Ownership: 1.586%First Eagle Investment Management LLCBought 548,705 shares on 5/9/2024Ownership: 0.445%Susquehanna Fundamental Investments LLCBought 271,173 shares on 5/7/2024Ownership: 0.220%BNP Paribas Financial MarketsBought 72,707 shares on 5/1/2024Ownership: 0.135%View All Insider TransactionsView All Institutional Transactions EGHT Stock Analysis - Frequently Asked Questions Should I buy or sell 8X8 stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 8X8 in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" EGHT shares. View EGHT analyst ratings or view top-rated stocks. What is 8X8's stock price target for 2024? 6 analysts have issued 12-month price targets for 8X8's shares. Their EGHT share price targets range from $2.50 to $4.50. On average, they expect the company's share price to reach $3.46 in the next year. This suggests a possible upside of 33.8% 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 2024? 8X8's stock was trading at $3.78 at the start of the year. Since then, EGHT shares have decreased by 31.5% and is now trading at $2.59. View the best growth stocks for 2024 here. When is 8X8's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our EGHT earnings forecast. How were 8X8's earnings last quarter? 8x8, Inc. (NASDAQ:EGHT) released its quarterly earnings data on Wednesday, May, 8th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.07 by $0.01. The business earned $179.41 million during the quarter, compared to analyst estimates of $178.85 million. 8X8 had a negative net margin of 7.28% and a negative trailing twelve-month return on equity of 5.89%. The company's revenue was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.03) EPS. What ETFs hold 8X8's stock? ETFs with the largest weight of 8X8 (NASDAQ:EGHT) stock in their portfolio include Global X Education ETF (EDUT).Direxion Work From Home ETF (WFH). What guidance has 8X8 issued on next quarter's earnings? 8X8 updated its first quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $176.0 million-$181.0 million, compared to the consensus revenue estimate of $181.3 million. Who are 8X8's major shareholders? 8X8's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.28%), Acadian Asset Management LLC (1.59%), First Eagle Investment Management LLC (0.44%), Susquehanna Fundamental Investments LLC (0.22%), BNP Paribas Financial Markets (0.14%) and Principal Financial Group Inc. (0.13%). 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 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:EGHT) was last updated on 5/10/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaGold Set to EXPLODE!Gold Safe ExchangeHe Is Giving Away BitcoinCrypto Swap ProfitsForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingCharles Payne Demystifies OptionsUnstoppable ProsperityYou need to know these two things about AI stocks ASAP…InvestorPlaceShocking: One AI startup's revenue could surge 4,735%Manward Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding 8x8, Inc. 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