NASDAQ:EGHT 8X8 (EGHT) Stock Price, News & Analysis → Are you prepared for a financial lockdown? (From Weiss Ratings) (Ad) Free EGHT Stock Alerts $1.86 -0.17 (-8.37%) (As of 01:37 PM ET) Add Compare Share Share Today's Range$1.85▼$2.0350-Day Range$2.03▼$2.9752-Week Range$1.85▼$4.88Volume1.16 million shsAverage Volume1.31 million shsMarket Capitalization$233.21 millionP/E RatioN/ADividend YieldN/APrice Target$3.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get 8X8 alerts: Email Address 8X8 MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside81.5% Upside$3.38 Price TargetShort InterestBearish11.13% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.16Based on 5 Articles This WeekInsider TradingSelling Shares$73,969 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.07) to $0.04 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.1.55 out of 5 starsComputer And Technology Sector478th out of 585 stocksData Processing & Preparation Industry42nd out of 57 stocks 3.2 Analyst's Opinion Consensus Rating8X8 has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating.Amount of Analyst Coverage8X8 has only been the subject of 2 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 Shorted11.13% 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 12.9, which indicates bearish sentiment.Change versus previous monthShort interest in 8X8 has recently decreased by 3.86%, 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 2.9 News and Social Media Coverage News Sentiment8X8 has a news sentiment score of 0.16. 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 0.83 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for 8X8 this week, compared to 3 articles on an average week.Search Interest9 people have searched for EGHT on MarketBeat in the last 30 days. This is an increase of 800% compared to the previous 30 days.MarketBeat Follows3 people have added 8X8 to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 $73,969.00 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 ($0.07) to $0.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of 8X8 is -3.38, 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 -3.38, 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 2.24. 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 Paradigm PressMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just released the details on what he’s calling Elon’s Project X-9840. Click here to see the details because there’s not much time to prepare. 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 business, mid-market, enterprise customers, government agencies, and other organizations worldwide. It offers 8x8 Work, a self-contained end-to-end united communications solution that delivers voice services, secure video meetings, and unified messaging, including direct messages, public and private team messaging rooms, and peer-to-peer short and multimedia messaging; 8x8 Contact Center, a cloud-based contact center as-a-service solution; and 8x8 Engage, an artificial intelligence-powered solution that equips customer-facing employees outside the contact center with the tools and capabilities to deliver successful customer engagements. The company also provides 8x8 Communications Platform as-a-Service, a communications platform-as-a-service capabilities that enable businesses to directly integrate its platform services within their websites, mobile apps, and business systems for personalized customer engagement; and Solutions for Microsoft Teams. In addition, it 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. The company markets its services to end users through industry conferences, trade shows, webinars, and local and digital advertising channels. 8x8, Inc. 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 HeadlinesJune 15 at 5:34 AM | americanbankingnews.com8X8 (NASDAQ:EGHT) Downgraded to Underweight at Morgan StanleyMay 30, 2024 | investorplace.com3 Sorry Telecom Stocks to Sell in May While You Still CanMay 30, 2024 | businesswire.com8x8 Launches AI-Powered Solution for Councils to Help Increase Electoral Engagement and Reduce Local Authorities' Election WorkloadsMay 20, 2024 | markets.businessinsider.comBuy Rating Justified by 8X8’s Strategic Initiatives and Market SynergiesMay 20, 2024 | markets.businessinsider.comUnveiling 4 Analyst Insights On 8x8May 14, 2024 | businesswire.com8x8, Inc. Announces Participation in Upcoming Investor EventsMay 14, 2024 | businesswire.com8x8 Partners with Military Makeover to Honor and Support VeteransMay 9, 2024 | markets.businessinsider.comCraig-Hallum Keeps Their Buy Rating on 8X8 (EGHT)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 8, 2024 | finance.yahoo.com8x8 (NASDAQ:EGHT) Posts Q1 Sales In Line With EstimatesMay 7, 2024 | finance.yahoo.com8x8 (EGHT) Reports Q1: Everything You Need To Know Ahead Of EarningsMay 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)See 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 Earnings5/08/2024Today6/17/2024Next 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) 727-1885Fax408-727-1885Employees1,948Year FoundedN/APrice Target and Rating Average Stock Price Target$3.38 High Stock Price Target$4.50 Low Stock Price Target$2.00 Potential Upside/Downside+81.5%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.55) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-67,590,000.00 Net Margins-9.28% Pretax Margin-8.78% Return on Equity-7.40% Return on Assets-0.98% Debt Debt-to-Equity Ratio4.02 Current Ratio1.44 Quick Ratio1.44 Sales & Book Value Annual Sales$728.71 million Price / Sales0.32 Cash Flow$0.62 per share Price / Cash Flow2.98 Book Value$0.83 per share Price / Book2.24Miscellaneous Outstanding Shares125,380,000Free Float124,022,000Market Cap$233.21 million OptionableOptionable Beta1.57 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Samuel C. WilsonCEO & DirectorMr. Kevin Kraus (Age 54)Chief Financial Officer Comp: $663.56kMs. Suzy Seandel (Age 59)Senior VP & Chief Accounting Officer Comp: $444.52kMr. Laurence Denny (Age 51)Chief Legal Officer & Corporate Secretary Comp: $640.87kDr. 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 CompetitorsBandwidthNASDAQ:BANDAnterixNASDAQ:ATEXVNET GroupNASDAQ:VNETCSG Systems InternationalNASDAQ:CSGSNerdWalletNASDAQ:NRDSView All CompetitorsInsiders & InstitutionsBoston PartnersBought 3,073,230 shares on 5/28/2024Ownership: 2.969%Invenomic Capital Management LPBought 571,245 shares on 5/16/2024Ownership: 2.146%Jacobs Levy Equity Management Inc.Bought 99,371 shares on 5/16/2024Ownership: 0.839%Virtus Investment Advisers Inc.Bought 51,600 shares on 5/16/2024Ownership: 0.042%California State Teachers Retirement SystemSold 7,367 shares on 5/16/2024Ownership: 0.010%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 research analysts have issued "buy," "hold," and "sell" ratings for 8X8 in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EGHT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EGHT, but not buy additional shares or sell existing shares. View EGHT analyst ratings or view top-rated stocks. What is 8X8's stock price target for 2024? 6 brokers have issued 12-month target prices for 8X8's shares. Their EGHT share price targets range from $2.00 to $4.50. On average, they anticipate the company's share price to reach $3.38 in the next twelve months. This suggests a possible upside of 81.5% 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 on January 1st, 2024. Since then, EGHT stock has decreased by 50.8% and is now trading at $1.86. 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 results on Wednesday, May, 8th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. The firm had revenue of $179.41 million for the quarter, compared to analysts' expectations of $178.85 million. 8X8 had a negative net margin of 9.28% and a negative trailing twelve-month return on equity of 7.40%. The firm's revenue was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.03) earnings per share. 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 investors include Vanguard Group Inc. (9.28%), Boston Partners (2.97%), Invenomic Capital Management LP (2.15%), Acadian Asset Management LLC (1.59%), Kent Lake Capital LLC (1.08%) and Jacobs Levy Equity Management Inc. (0.84%). 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. 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