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NASDAQ:EGHT

8X8 (EGHT) Stock Price, News & Analysis

8X8 logo
$2.32 -0.18 (-7.20%)
Closing price 03/3/2025 04:00 PM Eastern
Extended Trading
$2.30 -0.02 (-1.08%)
As of 03/3/2025 04:38 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About 8X8 Stock (NASDAQ:EGHT)

Key Stats

Today's Range
$2.32
$2.54
50-Day Range
$2.32
$3.47
52-Week Range
$1.51
$3.52
Volume
729,390 shs
Average Volume
1.09 million shs
Market Capitalization
$305.53 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.99
Consensus Rating
Hold

Company Overview

8x8, Inc. engages in the provision of enterprise communication solutions. It offers solutions to the business services, education, financial services, government, healthcare, and manufacturing industries. The company was founded in February 1987 and is headquartered in Campbell, CA.

8X8 Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
75th Percentile Overall Score

EGHT MarketRank™: 

8X8 scored higher than 75% of companies evaluated by MarketBeat, and ranked 221st out of 666 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    8X8 has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 2 hold ratings, and 3 sell ratings.

  • Amount of Analyst Coverage

    8X8 has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about 8X8's stock forecast and price target.
  • Earnings Growth

    Earnings for 8X8 are expected to grow by 150.00% in the coming year, from $0.04 to $0.10 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of 8X8 is -6.44, 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. Sector

    The P/E ratio of 8X8 is -6.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    8X8 has a PEG Ratio of 6.08. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    8X8 has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    5.19% of the float of 8X8 has been sold short.
  • Short Interest Ratio / Days to Cover

    8X8 has a short interest ratio ("days to cover") of 6.9.
  • Change versus previous month

    Short interest in 8X8 has recently decreased by 0.59%, indicating that investor sentiment is improving.
  • Dividend Yield

    8X8 does not currently pay a dividend.

  • Dividend Growth

    8X8 does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.19% of the float of 8X8 has been sold short.
  • Short Interest Ratio / Days to Cover

    8X8 has a short interest ratio ("days to cover") of 6.9.
  • Change versus previous month

    Short interest in 8X8 has recently decreased by 0.59%, indicating that investor sentiment is improving.
  • News Sentiment

    8X8 has a news sentiment score of 0.72. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for 8X8 this week, compared to 4 articles on an average week.
  • Search Interest

    13 people have searched for EGHT on MarketBeat in the last 30 days. This is an increase of 333% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In 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 $38,817.00 in company stock.

  • Percentage Held by Insiders

    Only 1.22% of the stock of 8X8 is held by insiders.

  • Percentage Held by Institutions

    93.99% 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.
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EGHT Stock News Headlines

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8X8 Lauds Technology Partnership
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EGHT Stock Analysis - Frequently Asked Questions

8X8's stock was trading at $2.67 at the beginning of 2025. Since then, EGHT stock has decreased by 13.1% and is now trading at $2.32.
View the best growth stocks for 2025 here
.

8x8, Inc. (NASDAQ:EGHT) announced its quarterly earnings data on Tuesday, February, 4th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.03. 8X8 had a negative net margin of 6.33% and a negative trailing twelve-month return on equity of 1.45%.

Top institutional shareholders of 8X8 include Vanguard Group Inc. (9.58%), ArrowMark Colorado Holdings LLC (8.76%), Boston Partners (5.05%) and Invenomic Capital Management LP (3.94%). Insiders that own company stock include Kevin Kraus, Hunter Middleton, Suzy M Seandel and Laurence Denny.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that 8X8 investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

Last Earnings
2/04/2025
Today
3/04/2025
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Data processing & preparation
Sub-Industry
Business Services
Current Symbol
NASDAQ:EGHT
Employees
1,948
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.99
High Stock Price Target
$4.00
Low Stock Price Target
$2.00
Potential Upside/Downside
+28.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
8 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
58.00
P/E Growth
6.08
Net Income
$-67,590,000.00
Pretax Margin
-5.67%

Debt

Sales & Book Value

Annual Sales
$717.44 million
Cash Flow
$0.56 per share
Price / Cash Flow
4.16
Book Value
$0.86 per share
Price / Book
2.70

Miscellaneous

Free Float
130,087,000
Market Cap
$305.53 million
Optionable
Optionable
Beta
1.66

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This page (NASDAQ:EGHT) was last updated on 3/4/2025 by MarketBeat.com Staff
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