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8X8 (EGHT) Competitors

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$1.93 -0.13 (-6.31%)
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$1.92 -0.01 (-0.78%)
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EGHT vs. RNG, DGNX, WLDN, TIXT, FVRR, EEX, YEXT, NXTT, IIIV, and NEO

Should you be buying 8X8 stock or one of its competitors? The main competitors of 8X8 include Ringcentral (RNG), Diginex (DGNX), Willdan Group (WLDN), Telus Digital (TIXT), Fiverr International (FVRR), Emerald (EEX), Yext (YEXT), Next Technology (NXTT), i3 Verticals (IIIV), and NeoGenomics (NEO). These companies are all part of the "business services" industry.

8X8 vs. Its Competitors

8X8 (NASDAQ:EGHT) and Ringcentral (NYSE:RNG) are both computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, earnings, profitability, dividends, risk, institutional ownership, media sentiment and analyst recommendations.

8X8 has higher earnings, but lower revenue than Ringcentral. Ringcentral 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
8X8$715.07M0.36-$27.21M-$0.21-9.19
Ringcentral$2.40B1.01-$58.29M-$0.44-61.34

Ringcentral has a net margin of -1.65% compared to 8X8's net margin of -3.81%. 8X8's return on equity of 5.73% beat Ringcentral's return on equity.

Company Net Margins Return on Equity Return on Assets
8X8-3.81% 5.73% 0.90%
Ringcentral -1.65%-15.63%4.79%

8X8 presently has a consensus price target of $2.51, indicating a potential upside of 30.27%. Ringcentral has a consensus price target of $33.08, indicating a potential upside of 22.55%. Given 8X8's higher probable upside, analysts clearly believe 8X8 is more favorable than Ringcentral.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
8X8
3 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00
Ringcentral
1 Sell rating(s)
8 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.29

94.0% of 8X8 shares are owned by institutional investors. Comparatively, 98.6% of Ringcentral shares are owned by institutional investors. 2.0% of 8X8 shares are owned by company insiders. Comparatively, 7.0% of Ringcentral shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

8X8 has a beta of 1.83, indicating that its share price is 83% more volatile than the S&P 500. Comparatively, Ringcentral has a beta of 1.29, indicating that its share price is 29% more volatile than the S&P 500.

In the previous week, 8X8 had 3 more articles in the media than Ringcentral. MarketBeat recorded 7 mentions for 8X8 and 4 mentions for Ringcentral. Ringcentral's average media sentiment score of 1.06 beat 8X8's score of 0.58 indicating that Ringcentral is being referred to more favorably in the news media.

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

Summary

Ringcentral beats 8X8 on 9 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding EGHT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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.
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EGHT vs. The Competition

Metric8X8INTERNET SOFTWARE IndustryComputer SectorNASDAQ Exchange
Market Cap$277.03M$18.13B$27.76B$9.11B
Dividend YieldN/A2.44%3.11%4.01%
P/E Ratio-9.1971.7436.8520.25
Price / Sales0.3670.291,883.2599.65
Price / Cash3.1593.0238.1558.16
Price / Book2.088.437.275.49
Net Income-$27.21M$337.83M$767.31M$250.27M
7 Day Performance-10.85%-1.29%-0.14%4.78%
1 Month Performance6.63%1.78%4.24%7.20%
1 Year Performance-14.98%53.17%52,442.29%17.27%

8X8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EGHT
8X8
3.8281 of 5 stars
$1.93
-6.3%
$2.51
+30.3%
-6.8%$277.03M$715.07M-9.191,942
RNG
Ringcentral
4.7648 of 5 stars
$29.60
-0.9%
$33.08
+11.7%
+2.7%$2.66B$2.40B-67.274,260High Trading Volume
DGNX
Diginex
N/A$47.31
+7.3%
N/AN/A$1.07B$1.18M0.0021News Coverage
Stock Split
Gap Up
WLDN
Willdan Group
4.0589 of 5 stars
$73.26
+1.3%
$51.50
-29.7%
+136.2%$1.06B$565.80M43.351,761Analyst Forecast
High Trading Volume
TIXT
Telus Digital
1.7077 of 5 stars
$3.80
+1.9%
$4.05
+6.5%
-36.8%$1.05B$2.67B-7.7578,879High Trading Volume
FVRR
Fiverr International
3.3376 of 5 stars
$28.70
-0.7%
$36.00
+25.4%
+23.0%$1.03B$391.48M61.06790
EEX
Emerald
1.6011 of 5 stars
$5.14
-3.0%
$7.90
+53.7%
+0.8%$1.02B$398.80M171.39600
YEXT
Yext
1.3189 of 5 stars
$8.27
+0.1%
$9.44
+14.1%
+66.7%$1.01B$420.96M-45.941,150News Coverage
NXTT
Next Technology
1.1901 of 5 stars
$2.31
-8.3%
N/A-35.4%$1.01B$1.80M0.008Positive News
IIIV
i3 Verticals
3.5406 of 5 stars
$29.06
+0.2%
$29.57
+1.8%
+32.9%$965.37M$229.92M6.601,480High Trading Volume
NEO
NeoGenomics
3.4786 of 5 stars
$7.31
-3.2%
$13.83
+89.2%
-44.6%$940.80M$660.57M-11.982,200

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This page (NASDAQ:EGHT) was last updated on 7/11/2025 by MarketBeat.com Staff
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