Log in

NYSE:EGHT - 8X8 Stock Price, Forecast & News

$20.41
-0.23 (-1.11 %)
(As of 02/17/2020 06:00 AM ET)
Today's Range
$20.34
Now: $20.41
$20.84
50-Day Range
$18.08
MA: $19.45
$21.28
52-Week Range
$16.62
Now: $20.41
$26.67
Volume565,402 shs
Average Volume1.11 million shs
Market Capitalization$2.09 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.58
8x8, Inc provides cloud-based, enterprise-class software solutions. The Company's solutions are delivered through Software as a Service (SaaS) business model. Its segments include Americas and Europe. Its software platform brings together cloud, mobile, collaboration, video and data science technologies. Through a combination of open application program interface (API) and pre-built integrations, its solutions leverage critical customer context from internal data systems and customer relationship management (CRM) systems. Read More…

Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryAlternative Carriers
SectorComputer and Technology
CUSIP28291410
Phone408-727-1885

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$352.59 million
Book Value$2.61 per share

Profitability

Net Income$-88,740,000.00

Miscellaneous

Employees1,497
Market Cap$2.09 billion
Next Earnings Date5/12/2020 (Estimated)
OptionableOptionable

Receive EGHT News and Ratings via Email

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


8X8 (NYSE:EGHT) Frequently Asked Questions

What is 8X8's stock symbol?

8X8 trades on the New York Stock Exchange (NYSE) under the ticker symbol "EGHT."

How were 8X8's earnings last quarter?

8x8, Inc. (NYSE:EGHT) released its earnings results on Tuesday, February, 4th. The technology company reported ($0.17) earnings per share for the quarter, hitting the consensus estimate of ($0.17). The technology company had revenue of $118.57 million for the quarter, compared to the consensus estimate of $114.11 million. 8X8 had a negative net margin of 35.94% and a negative return on equity of 49.59%. 8X8's revenue was up 31.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.06) EPS. View 8X8's Earnings History.

When is 8X8's next earnings date?

8X8 is scheduled to release their next quarterly earnings announcement on Tuesday, May 12th 2020. View Earnings Estimates for 8X8.

What guidance has 8X8 issued on next quarter's earnings?

8X8 updated its FY 2020 After-Hours earnings guidance on Tuesday, February, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $444-444 million, compared to the consensus revenue estimate of $439.84 million.

What price target have analysts set for EGHT?

14 analysts have issued 12 month price targets for 8X8's shares. Their forecasts range from $18.50 to $30.00. On average, they expect 8X8's stock price to reach $24.11 in the next year. This suggests a possible upside of 18.1% from the stock's current price. View Analyst Price Targets for 8X8.

What is the consensus analysts' recommendation for 8X8?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 8X8 in the last year. There are currently 1 sell rating, 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 8X8.

Has 8X8 been receiving favorable news coverage?

Media stories about EGHT stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. 8X8 earned a daily sentiment score of 1.8 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for 8X8.

Who are some of 8X8's key competitors?

What other stocks do shareholders of 8X8 own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 8X8 investors own include Zebra Technologies (ZBRA), Actinium Pharmaceuticals (ATNM), AT&T (T), Intel (INTC), Advanced Micro Devices (AMD), Netflix (NFLX), Alibaba Group (BABA), Cisco Systems (CSCO), NVIDIA (NVDA) and Cypress Semiconductor (CY).

Who are 8X8's key executives?

8X8's management team includes the folowing people:
  • Bryan R. Martin, Chairman of the Board, Chief Technology Officer (Age 49)
  • Vikram Verma, Chief Executive Officer, Director (Age 52)
  • Mary Ellen P. Genovese, Chief Financial Officer (Age 58)
  • Amelia Generalis, Senior Vice President - Human Resources (Age 46)
  • Darren J. Hakeman, Senior Vice President - Product & Strategy (Age 47)
  • Rani Hublou, Chief Marketing Officer
  • Guy L. Hecker Jr., Lead Independent Director (Age 85)
  • Vladimir Jacimovic, Independent Director (Age 53)
  • Ian Potter, Independent Director (Age 52)
  • Jaswinder Pal Singh, Independent Director (Age 51)

Who are 8X8's major shareholders?

8X8's stock is owned by a variety of of retail and institutional investors. Top institutional investors include First Trust Advisors LP (4.17%), Westfield Capital Management Co. LP (3.00%), Barclays PLC (2.95%), UBS Group AG (2.77%), State Street Corp (2.82%) and Point72 Asset Management L.P. (1.29%). Company insiders that own 8X8 stock include Darren J Hakeman, Dejan Deklich, Ian Potter and Vikram Verma. View Institutional Ownership Trends for 8X8.

Which institutional investors are selling 8X8 stock?

EGHT stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Alyeska Investment Group L.P., Kornitzer Capital Management Inc. KS, Prospect Capital Advisors LLC, Arizona State Retirement System, Barclays PLC, Russell Investments Group Ltd. and Public Sector Pension Investment Board. View Insider Buying and Selling for 8X8.

Which institutional investors are buying 8X8 stock?

EGHT stock was acquired by a variety of institutional investors in the last quarter, including Westfield Capital Management Co. LP, UBS Group AG, FIL Ltd, Citigroup Inc., First Trust Advisors LP, UBS Asset Management Americas Inc., SG Americas Securities LLC and Jefferies Group LLC. View Insider Buying and Selling for 8X8.

How do I buy shares of 8X8?

Shares of EGHT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is 8X8's stock price today?

One share of EGHT stock can currently be purchased for approximately $20.41.

How big of a company is 8X8?

8X8 has a market capitalization of $2.09 billion and generates $352.59 million in revenue each year. The technology company earns $-88,740,000.00 in net income (profit) each year or ($0.69) on an earnings per share basis. 8X8 employs 1,497 workers across the globe.View Additional Information About 8X8.

What is 8X8's official website?

The official website for 8X8 is http://www.8x8.com/.

How can I contact 8X8?

8X8's mailing address is 2125 O`Nel Drive, San Jose CA, 95131. The technology company can be reached via phone at 408-727-1885 or via email at [email protected]


MarketBeat Community Rating for 8X8 (NYSE EGHT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  405 (Vote Outperform)
Underperform Votes:  394 (Vote Underperform)
Total Votes:  799
MarketBeat's community ratings are surveys of what our community members think about 8X8 and other stocks. Vote "Outperform" if you believe EGHT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EGHT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/17/2020 by MarketBeat.com Staff

Featured Article: Risk Tolerance

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel