NASDAQ:EGHT 8X8 (EGHT) Stock Price, News & Analysis → Like Tiny Crypto Retirement Funds (From Crypto 101 Media) (Ad) Free EGHT Stock Alerts $2.67 -0.05 (-1.84%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$2.60▼$2.7450-Day Range$2.44▼$3.7452-Week Range$2.15▼$4.88Volume884,220 shsAverage Volume1.67 million shsMarket Capitalization$329.53 millionP/E RatioN/ADividend YieldN/APrice Target$3.72 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/Downside39.4% Upside$3.72 Price TargetShort InterestHealthy12.89% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.12Based on 7 Articles This WeekInsider TradingSelling Shares$255,824 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.2.75 out of 5 starsComputer And Technology Sector333rd out of 602 stocksData Processing & Preparation Industry27th out of 55 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.72, 8X8 has a forecasted upside of 39.4% from its current price of $2.67.Amount of Analyst Coverage8X8 has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted12.89% 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 9.8.Change versus previous monthShort interest in 8X8 has recently decreased by 6.02%, indicating that investor sentiment is improving significantly. 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 3.4 News and Social Media Coverage News Sentiment8X8 has a news sentiment score of 1.12. 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 higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 7 news articles for 8X8 this week, compared to 3 articles on an average week.Search Interest8 people have searched for EGHT on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added 8X8 to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% 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 $255,824.00 in company stock.Percentage Held by InsidersOnly 1.08% of the stock of 8X8 is held by insiders.Percentage Held by Institutions99.89% of the stock of 8X8 is held by institutions. High institutional ownership can be a signal of strong market trust in this company. 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 -6.07, 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 -6.07, 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 3.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Monument Traders AllianceMake This $3 Trade the Instant the Opening Bell RingsSince the birth of Wall Street, one simple rule has remained the same.... Buy stocks that are cheap....When they’re on sale…. And when nobody else is looking…See Why This $3.00 Stock Could Hit $15.00 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 HeadlinesMarch 18, 2024 | markets.businessinsider.comIn-Depth Examination Of 4 Analyst Recommendations For 8x8March 16, 2024 | investorplace.comDiamonds in the Dust: 3 Penny Stocks Set to Soar 500% by 2026March 18, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… March 10, 2024 | finance.yahoo.comEGHT Aug 2024 2.500 putMarch 5, 2024 | businesswire.comKing Power Corporation Drives Operational Cost Reduction and Enhanced Customer Experiences with 8x8February 29, 2024 | businesswire.com8x8, Inc. Announces Participation in Upcoming Investor EventsFebruary 29, 2024 | stockhouse.com8x8 Launches 8x8 Engage(TM) to Bridge Customer Experience Journey Gaps Across an OrganizationFebruary 29, 2024 | finance.yahoo.com8x8 Launches 8x8 Engage™ to Bridge Customer Experience Journey Gaps Across an OrganizationMarch 18, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… February 28, 2024 | finance.yahoo.comProactive Outreach for 8x8 Contact Center Enhances Customer Engagement with Highly Personalized Messaging CampaignsFebruary 28, 2024 | businesswire.comProactive Outreach for 8x8 Contact Center Enhances Customer Engagement with Highly Personalized Messaging CampaignsFebruary 24, 2024 | msn.com8x8 (EGHT) Price Target Increased by 6.87% to 4.36February 21, 2024 | benzinga.com8x8 Stock (NASDAQ:EGHT) Earnings Dates and Earning CallsFebruary 21, 2024 | benzinga.com8x8 Stock (NASDAQ:EGHT) Earnings Dates and Earning CallsFebruary 20, 2024 | businesswire.com8x8, Inc. Issues New Employee Inducement GrantsFebruary 4, 2024 | finance.yahoo.com8x8, Inc. (NASDAQ:EGHT) Just Released Its Third-Quarter Earnings: Here's What Analysts ThinkFebruary 3, 2024 | markets.businessinsider.comBalancing Act: Positive Profitability Amidst Revenue Challenges for 8X8February 1, 2024 | finance.yahoo.comIs It Time to Give Up on This Cloud-Based Communications Expert?February 1, 2024 | finance.yahoo.com8x8 Inc (EGHT) Reports Mixed Fiscal Q3 2024 Results Amidst Continued Product InnovationFebruary 1, 2024 | finance.yahoo.com8×8, Inc. (NYSE:EGHT) Q3 2024 Earnings Call TranscriptJanuary 31, 2024 | sfgate.com8x8: Fiscal Q3 Earnings SnapshotJanuary 31, 2024 | finance.yahoo.com8x8 (EGHT) Q3 Earnings Surpass EstimatesJanuary 31, 2024 | benzinga.com8x8: Q3 Earnings InsightsJanuary 31, 2024 | finance.yahoo.com8x8 Bridges the Customer Engagement Gap, Empowering Customer-Facing Employees with Tailored Tools to Deliver Exceptional Customer Experiences Across the Entire OrganizationJanuary 31, 2024 | finance.yahoo.com8x8, Inc. Reports Third Quarter Fiscal 2024 Financial ResultsJanuary 31, 2024 | finance.yahoo.com8x8 (NASDAQ:EGHT) Reports Sales Below Analyst Estimates In Q3 EarningsJanuary 30, 2024 | msn.com8X8 Q3 2024 Earnings PreviewSee 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 Earnings8/08/2023Today3/18/2024Fiscal Year End3/31/2024Next Earnings (Estimated)5/09/2024Get 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$3.72 High Stock Price Target$5.00 Low Stock Price Target$2.50 Potential Upside/Downside+39.4%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 / Sales0.44 Cash Flow$0.37 per share Price / Cash Flow7.27 Book Value$0.88 per share Price / Book3.03Miscellaneous Outstanding Shares123,420,000Free Float122,088,000Market Cap$329.53 million OptionableOptionable Beta1.47 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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 CompetitorsD-Wave QuantumNYSE:QBTSSohu.comNASDAQ:SOHUPark City GroupNASDAQ:PCYGVNET GroupNASDAQ:VNETBandwidthNASDAQ:BANDView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 282,173 shares on 3/11/2024Ownership: 8.821%Virtu Financial LLCBought 44,467 shares on 2/26/2024Ownership: 0.036%Price T Rowe Associates Inc. MDSold 5,993 shares on 2/16/2024Ownership: 0.094%GSA Capital Partners LLPBought 36,687 shares on 2/16/2024Ownership: 0.039%Citadel Advisors LLCBought 2,500 shares on 2/15/2024Ownership: 0.000%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 twelve months. 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 Wall Street research analysts have issued 12 month price objectives for 8X8's stock. Their EGHT share price targets range from $2.50 to $5.00. On average, they expect the company's stock price to reach $3.72 in the next twelve months. This suggests a possible upside of 39.4% 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 beginning of the year. Since then, EGHT shares have decreased by 29.4% and is now trading at $2.67. View the best growth stocks for 2024 here. Are investors shorting 8X8? 8X8 saw a decline in short interest in the month of February. As of February 29th, there was short interest totaling 15,910,000 shares, a decline of 6.0% from the February 14th total of 16,930,000 shares. Based on an average daily volume of 1,630,000 shares, the days-to-cover ratio is presently 9.8 days. View 8X8's Short Interest. When is 8X8's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our EGHT earnings forecast. How were 8X8's earnings last quarter? 8x8, Inc. (NASDAQ:EGHT) posted its quarterly earnings data on Tuesday, August, 8th. The company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.14 by $0.01. The company earned $183.30 million during the quarter, compared to the consensus estimate of $187.09 million. 8X8 had a negative trailing twelve-month return on equity of 5.89% and a negative net margin of 7.28%. The company's quarterly revenue was down 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.14) 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), SPDR S&P Software & Services ETF (XSW) and iShares Virtual Work and Life Multisector ETF (IWFH).Syntax Stratified SmallCap ETF (SSLY). What guidance has 8X8 issued on next quarter's earnings? 8X8 issued an update on its fourth quarter 2024 earnings guidance on Wednesday, January, 31st. 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 $185.8 million. Who are 8X8's major shareholders? 8X8's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.82%), Vanguard Group Inc. (8.82%), Kent Lake Capital LLC (2.23%), Invenomic Capital Management LP (1.68%), S Squared Technology LLC (1.25%) and Voya Investment Management LLC (1.01%). 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 3/18/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceStock-Picking AI Predicts #1 Stock of 2024AltimetryDid you make $29,000 two days with AI options trades?Prosper Trading AcademyForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThe world’s greatest investmentPorter & Company 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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