Brokers Set Expectations for 8X8's Q3 Earnings (NASDAQ:EGHT)

8x8, Inc. (NASDAQ:EGHT - Free Report) - B. Riley decreased their Q3 2025 earnings per share estimates for shares of 8X8 in a report released on Thursday, October 24th. B. Riley analyst J. Nichols now expects that the company will post earnings per share of ($0.02) for the quarter, down from their previous estimate of ($0.01). B. Riley has a "Buy" rating and a $4.00 price target on the stock. The consensus estimate for 8X8's current full-year earnings is ($0.08) per share. B. Riley also issued estimates for 8X8's Q4 2025 earnings at ($0.02) EPS, FY2025 earnings at ($0.10) EPS and FY2026 earnings at ($0.03) EPS.

Several other research analysts have also recently issued reports on the company. Rosenblatt Securities dropped their target price on 8X8 from $4.00 to $3.50 and set a "buy" rating on the stock in a research report on Monday. Needham & Company LLC dropped their target price on 8X8 from $3.50 to $3.00 and set a "buy" rating on the stock in a research report on Friday, August 9th. Wedbush raised 8X8 to a "hold" rating in a research report on Thursday, October 17th. StockNews.com cut 8X8 from a "buy" rating to a "hold" rating in a research report on Friday. Finally, Barclays lowered their price objective on 8X8 from $3.00 to $2.00 and set an "equal weight" rating on the stock in a research report on Friday, August 9th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $2.93.

8X8 Stock Performance

NASDAQ:EGHT traded up $0.05 on Monday, hitting $2.04. The stock had a trading volume of 330,005 shares, compared to its average volume of 1,187,253. The stock has a market cap of $261.79 million, a price-to-earnings ratio of -4.08 and a beta of 1.56. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 3.93. The business's 50-day simple moving average is $1.92 and its two-hundred day simple moving average is $2.26. 8X8 has a 52-week low of $1.51 and a 52-week high of $3.92.

8X8 (NASDAQ:EGHT - Get Free Report) last announced its earnings results on Wednesday, August 7th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.01). The firm had revenue of $172.80 million during the quarter, compared to analysts' expectations of $178.90 million. 8X8 had a negative return on equity of 6.51% and a negative net margin of 8.65%. The company's revenue for the quarter was down 5.7% on a year-over-year basis. During the same period in the previous year, the business posted ($0.04) earnings per share.

Institutional Trading of 8X8

Large investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC bought a new stake in 8X8 in the 3rd quarter worth approximately $30,000. Sei Investments Co. bought a new stake in 8X8 in the 2nd quarter worth approximately $44,000. XTX Topco Ltd bought a new stake in 8X8 in the 2nd quarter worth approximately $49,000. Sanctuary Advisors LLC bought a new stake in 8X8 in the 2nd quarter worth approximately $77,000. Finally, Williams & Novak LLC bought a new stake in 8X8 in the 2nd quarter worth approximately $77,000. Institutional investors own 93.99% of the company's stock.

About 8X8

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.