NASDAQ:EGHT 8X8 (EGHT) Stock Price, News & Analysis → Elon to Transform U.S. Economy? (From Porter & Company) (Ad) Free EGHT Stock Alerts $2.23 -0.02 (-0.89%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$2.22▼$2.4450-Day Range$2.15▼$3.1552-Week Range$2.12▼$4.88Volume861,129 shsAverage Volume1.41 million shsMarket Capitalization$275.23 millionP/E RatioN/ADividend YieldN/APrice Target$3.68 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/Downside65.0% Upside$3.68 Price TargetShort InterestBearish12.04% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.24Based on 6 Articles This WeekInsider TradingSelling Shares$81,979 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.1.46 out of 5 starsComputer And Technology Sector2893rd out of 3,570 stocksData Processing & Preparation Industry247th out of 318 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.Amount of Analyst Coverage8X8 has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted12.04% 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 10.2, which indicates bearish sentiment.Change versus previous monthShort interest in 8X8 has recently decreased by 1.46%, 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 1.8 News and Social Media Coverage News Sentiment8X8 has a news sentiment score of 0.24. 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 0.42 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for 8X8 this week, compared to 4 articles on an average week.Search InterestOnly 4 people have searched for EGHT on MarketBeat in the last 30 days. This is a decrease of 0% 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 $81,979.00 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. 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 -5.07, 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 -5.07, 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 2.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad AltimetryUrgent Nvidia WarningCould Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.Click here to access… 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 HeadlinesApril 18, 2024 | insidertrades.comInsider Selling: 8x8, Inc. (NASDAQ:EGHT) CAO Sells 7,256 Shares of StockMay 4, 2024 | americanbankingnews.comFY2024 EPS Estimates for 8x8, Inc. Cut by B. Riley (NASDAQ:EGHT)May 4, 2024 | Stansberry Research (Ad)Global crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...May 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 EngagementMay 4, 2024 | Stansberry Research (Ad)Global crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...April 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)March 21, 2024 | investing.com8x8 Inc executive sells over $26k in company stockMarch 19, 2024 | finance.yahoo.com8x8 Receives Multiple Awards for Continued InnovationMarch 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 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 OrganizationFebruary 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 CallsSee 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 Earnings8/08/2023Today5/03/2024Next Earnings (Confirmed)5/08/2024Fiscal 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) 727-1885Fax408-727-1885Employees1,921Year FoundedN/APrice Target and Rating Average Stock Price Target$3.68 High Stock Price Target$5.00 Low Stock Price Target$2.50 Potential Upside/Downside+65.0%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 / Sales0.37 Cash Flow$0.38 per share Price / Cash Flow5.89 Book Value$0.88 per share Price / Book2.53Miscellaneous Outstanding Shares123,420,000Free Float122,088,000Market Cap$275.23 million OptionableOptionable Beta1.46 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.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 CompetitorsPark City GroupNASDAQ:PCYGD-Wave QuantumNYSE:QBTSTucowsNASDAQ:TCXOomaNYSE:OOMAtrivagoNASDAQ:TRVGView All CompetitorsInsiders & InstitutionsBNP Paribas Financial MarketsBought 72,707 shares on 5/1/2024Ownership: 0.135%Mirae Asset Global Investments Co. Ltd.Bought 84,693 shares on 5/1/2024Ownership: 0.069%Principal Financial Group Inc.Bought 98,308 shares on 4/29/2024Ownership: 0.134%Suzy M SeandelSold 7,256 sharesTotal: $16,471.12 ($2.27/share)Samuel C WilsonSold 2,000 sharesTotal: $4,540.00 ($2.27/share)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 equities research analysts have issued "buy," "hold," and "sell" ratings for 8X8 in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research 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 analysts have issued 1-year price objectives for 8X8's stock. Their EGHT share price targets range from $2.50 to $5.00. On average, they anticipate the company's share price to reach $3.68 in the next twelve months. This suggests a possible upside of 65.0% 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 stock has decreased by 41.0% and is now trading at $2.23. View the best growth stocks for 2024 here. Are investors shorting 8X8? 8X8 saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 15,080,000 shares, a drop of 6.5% from the March 15th total of 16,120,000 shares. Based on an average trading volume of 1,520,000 shares, the short-interest ratio is currently 9.9 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 Wednesday, May 8th 2024. View our EGHT earnings forecast. How can I listen to 8X8's earnings call? 8X8 will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were 8X8's earnings last quarter? 8x8, Inc. (NASDAQ:EGHT) issued its quarterly earnings results on Tuesday, August, 8th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.14 by $0.01. The business had revenue of $183.30 million for the quarter, compared to analysts' expectations 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%. 8X8's revenue for the quarter was down 2.3% on a year-over-year basis. During the same period in the prior year, the business earned ($0.14) 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). Who are 8X8's major shareholders? 8X8's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BNP Paribas Financial Markets (0.14%), Principal Financial Group Inc. (0.13%) and Mirae Asset Global Investments Co. Ltd. (0.07%). 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 5/4/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldElon to Transform U.S. Economy? Porter & CompanyGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchAutomatic Income (from home)Awesomely, LLCClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsCould Your Accounts Be Frozen?Allegiance GoldFW: 234x GainWeiss RatingsStock-Picking AI Predicts #1 Stock of 2024Altimetry 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. Please log in to your account or sign up in order to add this asset to your watchlist. 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