8X8 (EGHT) Stock Price, News & Analysis

Company Overview

8x8, Inc. is a provider of cloud-based communication and collaboration solutions designed to support businesses of all sizes. Headquartered in San Jose, California, the company delivers an integrated platform that unifies voice, video, chat and contact center services over a single, software-driven interface. 8x8’s portfolio enables organizations to streamline communications, improve customer engagement and drive workforce productivity through scalable, subscription-based offerings.

The company’s core offerings include Unified Communications as a Service (UCaaS), Contact Center as a Service (CCaaS) and Communications Platform as a Service (CPaaS). Its UCaaS suite provides cloud-hosted business phone systems, HD video conferencing and team messaging, while its CCaaS solution offers omnichannel routing, workforce management and analytics tools. Developers can integrate voice, messaging and verification capabilities into existing applications through the company’s CPaaS APIs and SDKs.

Founded in 1987, 8x8 initially pioneered IP-based PBX systems before shifting its focus to cloud communications in the early 2010s. The company launched its first cloud voice service in 2010 and subsequently expanded into video conferencing and contact center technologies. Over time, 8x8 has pursued strategic acquisitions and technology partnerships to enhance its platform capabilities and broaden its market reach.

Serving customers in more than 100 countries, 8x8 caters to small businesses, mid-market companies and large enterprises across diverse industries such as healthcare, finance, retail and education. Under the leadership of CEO Vik Verma, who assumed the role in 2018, the company continues to invest in its global infrastructure and product innovation to address evolving communication needs and support digital transformation initiatives worldwide.

Key Stats

• Today's Range: $2.11 to $2.20
• 50-Day Range: $1.59 to $2.17
• 52-Week Range: $1.51 to $3.52
• Volume: 440,102 shs
• Average Volume: 1.10 million shs
• Market Capitalization: $291.15 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.51
• Consensus Rating: Hold

8X8 Stock Analysis - MarketRank™

8X8 scored higher than 65% of companies evaluated by MarketBeat, and ranked 298th out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

8X8 has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 2 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

8X8 has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 150.00%

Earnings Growth

Earnings for 8X8 are expected to grow by 150.00% in the coming year, from $0.04 to $0.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of 8X8 is -10.31, 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. Sector

The P/E ratio of 8X8 is -10.31, 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 Ratio

8X8 has a P/B Ratio of 2.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.85% of the float of 8X8 has been sold short.

Short Interest Ratio / Days to Cover

8X8 has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in 8X8 has recently decreased by 3.84%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

8X8 does not currently pay a dividend.

Dividend Growth

8X8 does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.85% of the float of 8X8 has been sold short.

Short Interest Ratio / Days to Cover

8X8 has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in 8X8 has recently decreased by 3.84%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: 0.15

News Sentiment

8X8 has a news sentiment score of 0.15. 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 0.66 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for 8X8 this week, compared to 5 articles on an average week.

Search Interest

Only 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.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In 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 $569,620.00 in company stock.

Percentage Held by Insiders

Only 2.01% of the stock of 8X8 is held by insiders.

Percentage Held by Institutions

93.99% of the stock of 8X8 is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EGHT Stock Analysis - Frequently Asked Questions

How have EGHT shares performed this year?

8X8's stock was trading at $2.67 on January 1st, 2025. Since then, EGHT shares have decreased by 18.9% and is now trading at $2.1650.

How were 8X8's earnings last quarter?

8x8 Inc (NASDAQ:EGHT) issued its quarterly earnings data on Tuesday, February, 4th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.03. 8X8 had a negative net margin of 3.81% and a positive trailing twelve-month return on equity of 5.73%.
Read the conference call transcript.

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.

What other stocks do shareholders of 8X8 own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 8X8 investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Last Earnings: 2/04/2025
• Today: 7/06/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:EGHT
• CIK: 1023731
• Web: www.8x8.com
• Phone: (408) 727-1885
• Fax: 408-727-1885
• Employees: 1,942
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.51
• High Stock Price Target: $3.50
• Low Stock Price Target: $1.50
• Potential Upside/Downside: +16.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.21)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 54.13
• P/E Growth: N/A
• Net Income: -$27.21 million
• Net Margins: -3.81%
• Pretax Margin: -3.37%
• Return on Equity: 5.73%
• Return on Assets: 0.90%

Debt

• Debt-to-Equity Ratio: 2.77
• Current Ratio: 1.20
• Quick Ratio: 1.20

Sales & Book Value

• Annual Sales: $715.07 million
• Price / Sales: 0.41
• Cash Flow: $0.66 per share
• Price / Cash Flow: 3.30
• Book Value: $0.93 per share
• Price / Book: 2.33

Miscellaneous

• Outstanding Shares: 134,480,000
• Free Float: 131,776,000
• Market Cap: $291.15 million
• Optionable: Optionable
• Beta: 1.83