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8X8 (EGHT) Stock Price, News & Analysis

$1.76
-0.05 (-2.76%)
(As of 09/6/2024 ET)
Today's Range
$1.76
$1.83
50-Day Range
$1.64
$3.34
52-Week Range
$1.51
$3.92
Volume
615,243 shs
Average Volume
1.28 million shs
Market Capitalization
$220.66 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.83

8X8 MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
61.0% Upside
$2.83 Price Target
Short Interest
Healthy
8.43% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$25,112 Sold Last Quarter
Proj. Earnings Growth
N/A

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.

2.83 out of 5 stars

Computer And Technology Sector

321st out of 594 stocks

Data Processing & Preparation Industry

23rd out of 56 stocks

EGHT stock logo

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.

EGHT Stock Price History

EGHT Stock News Headlines

Say Goodbye to the US Dollar
The warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late...
8X8 (NASDAQ:EGHT) Rating Reiterated by Rosenblatt Securities
FIVN Apr 2025 22.500 put (FIVN250417P00022500)
RNG Apr 2025 35.000 put
Say Goodbye to the US Dollar
The warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late...
8x8, Inc. (EGT.F)
8x8 Inc (EGT.BE)
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
9/07/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

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
$2.83
High Stock Price Target
$4.50
Low Stock Price Target
$1.50
Potential Upside/Downside
+61.0%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$-67,590,000.00
Pretax Margin
-8.25%

Debt

Sales & Book Value

Annual Sales
$723.57 million
Cash Flow
$0.64 per share
Book Value
$0.81 per share

Miscellaneous

Free Float
124,022,000
Market Cap
$220.66 million
Optionable
Optionable
Beta
1.55
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Key Executives

  • Mr. Samuel C. Wilson
    CEO & Director
  • Mr. Kevin Kraus (Age 54)
    Chief Financial Officer
    Comp: $663.56k
  • Ms. Suzy Seandel (Age 59)
    Senior VP & Chief Accounting Officer
    Comp: $444.52k
  • Mr. Laurence Denny (Age 51)
    Chief Legal Officer & Corporate Secretary
    Comp: $640.87k
  • Dr. Hunter Middleton Ph.D. (Age 57)
    Chief Product Officer & Chief Innovation Officer
    Comp: $589.84k
  • Mr. Bryan R. Martin (Age 56)
    Chief Technology Officer
  • Ms. Kate Patterson
    Vice President of Investor Relations
  • Mr. Bruno Bertini
    Chief Marketing Officer
  • Dr. Jeanette Winters
    Chief Human Resources Officer
  • Mr. Mehdi Salour (Age 48)
    Senior Vice President of Global Network & Development Operations
    Comp: $213.94k

EGHT Stock Analysis - Frequently Asked Questions

How have EGHT shares performed this year?

8X8's stock was trading at $3.78 at the start of the year. Since then, EGHT stock has decreased by 53.4% and is now trading at $1.76.
View the best growth stocks for 2024 here
.

How were 8X8's earnings last quarter?

8x8, Inc. (NASDAQ:EGHT) issued its earnings results on Wednesday, August, 7th. The company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by $0.01. The company's quarterly revenue was down 5.7% compared to the same quarter last year.

Who are 8X8's major shareholders?

Top institutional investors of 8X8 include Acadian Asset Management LLC (1.28%), AQR Capital Management LLC (1.21%), Dimensional Fund Advisors LP (1.18%) and First Eagle Investment Management LLC (0.90%). Insiders that own company stock include Hunter Middleton, Kevin Kraus, Suzy M Seandel, Laurence Denny, Eric Salzman and Bryan R Martin.
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 9/7/2024 by MarketBeat.com Staff

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