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8X8 (EGHT) Competitors

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$1.87 -0.07 (-3.61%)
Closing price 08/1/2025 04:00 PM Eastern
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$1.87 0.00 (0.00%)
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EGHT vs. RNG, ETWO, EVH, TIXT, YEXT, EEX, IBTA, IIIV, FVRR, and NXTT

Should you be buying 8X8 stock or one of its competitors? The main competitors of 8X8 include Ringcentral (RNG), E2open Parent (ETWO), Evolent Health (EVH), Telus Digital (TIXT), Yext (YEXT), Emerald (EEX), Ibotta (IBTA), i3 Verticals (IIIV), Fiverr International (FVRR), and Next Technology (NXTT). These companies are all part of the "business services" industry.

8X8 vs. Its Competitors

8X8 (NASDAQ:EGHT) and Ringcentral (NYSE:RNG) are both computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, risk, profitability, institutional ownership, media sentiment, valuation, earnings and analyst recommendations.

8X8 has a beta of 1.85, meaning that its share price is 85% more volatile than the S&P 500. Comparatively, Ringcentral has a beta of 1.28, meaning that its share price is 28% more volatile than the S&P 500.

8X8 has higher earnings, but lower revenue than Ringcentral. Ringcentral is trading at a lower price-to-earnings ratio than 8X8, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
8X8$715.07M0.35-$27.21M-$0.21-8.90
Ringcentral$2.43B0.88-$58.29M-$0.44-53.75

8X8 presently has a consensus price target of $2.51, indicating a potential upside of 34.45%. Ringcentral has a consensus price target of $31.67, indicating a potential upside of 33.90%. Given 8X8's higher possible upside, equities research analysts plainly believe 8X8 is more favorable than Ringcentral.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
8X8
3 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00
Ringcentral
1 Sell rating(s)
8 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.23

In the previous week, Ringcentral had 5 more articles in the media than 8X8. MarketBeat recorded 8 mentions for Ringcentral and 3 mentions for 8X8. Ringcentral's average media sentiment score of 1.31 beat 8X8's score of 0.64 indicating that Ringcentral is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
8X8
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ringcentral
5 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

94.0% of 8X8 shares are owned by institutional investors. Comparatively, 98.6% of Ringcentral shares are owned by institutional investors. 2.0% of 8X8 shares are owned by company insiders. Comparatively, 7.0% of Ringcentral shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Ringcentral has a net margin of -1.65% compared to 8X8's net margin of -3.81%. 8X8's return on equity of 5.73% beat Ringcentral's return on equity.

Company Net Margins Return on Equity Return on Assets
8X8-3.81% 5.73% 0.90%
Ringcentral -1.65%-15.63%4.79%

Summary

Ringcentral beats 8X8 on 10 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding EGHT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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EGHT vs. The Competition

Metric8X8INTERNET SOFTWARE IndustryComputer SectorNASDAQ Exchange
Market Cap$260.89M$19.20B$29.13B$9.52B
Dividend YieldN/A2.95%3.08%4.09%
P/E Ratio-8.9085.9248.1323.81
Price / Sales0.35154.471,544.8266.04
Price / Cash2.9792.4138.0757.96
Price / Book2.018.087.415.54
Net Income-$27.21M$341.62M$782.10M$259.28M
7 Day Performance-7.88%-6.56%-3.69%-4.64%
1 Month Performance-11.79%0.43%-0.16%4.41%
1 Year Performance-32.25%56.28%52,681.95%17.95%

8X8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EGHT
8X8
3.31 of 5 stars
$1.87
-3.6%
$2.51
+34.5%
-33.9%$260.89M$715.07M-8.901,942Analyst Forecast
Gap Down
RNG
Ringcentral
4.9439 of 5 stars
$27.28
+2.2%
$33.08
+21.2%
-29.3%$2.45B$2.40B-62.004,260News Coverage
Positive News
Upcoming Earnings
ETWO
E2open Parent
1.5614 of 5 stars
$3.29
flat
$2.78
-15.7%
-26.2%$1.14B$607.69M-1.603,873
EVH
Evolent Health
1.1316 of 5 stars
$9.64
-2.9%
$17.93
+86.0%
-55.6%$1.13B$2.55B-7.844,500News Coverage
Upcoming Earnings
TIXT
Telus Digital
2.5232 of 5 stars
$4.05
-1.2%
$3.88
-4.2%
-43.2%$1.12B$2.66B-8.2778,879News Coverage
Earnings Report
Gap Down
YEXT
Yext
2.358 of 5 stars
$8.55
+1.1%
$9.44
+10.4%
+39.8%$1.05B$434.45M-47.501,150News Coverage
EEX
Emerald
1.0392 of 5 stars
$5.10
-1.0%
$7.90
+54.9%
-11.6%$1.01B$413.10M170.06600Upcoming Earnings
IBTA
Ibotta
3.4944 of 5 stars
$38.17
-4.7%
$61.60
+61.4%
N/A$966.08M$367.25M25.79N/APositive News
IIIV
i3 Verticals
3.8216 of 5 stars
$28.92
+0.8%
$29.57
+2.3%
+16.1%$953.00M$241.65M6.571,480Positive News
Upcoming Earnings
FVRR
Fiverr International
3.4499 of 5 stars
$25.32
-1.7%
$36.00
+42.2%
-5.2%$907.57M$405.14M53.87790Trending News
Earnings Report
Analyst Forecast
NXTT
Next Technology
1.0164 of 5 stars
$2.08
-7.1%
N/A+3.6%$907.44M$1.80M0.008

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This page (NASDAQ:EGHT) was last updated on 8/2/2025 by MarketBeat.com Staff
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