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8X8 (EGHT) Competitors

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$1.92 -0.05 (-2.30%)
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EGHT vs. RNG, YEXT, MEG, EEX, PRSU, MNTN, RSKD, PSFE, NEO, and FVRR

Should you be buying 8X8 stock or one of its competitors? The main competitors of 8X8 include Ringcentral (RNG), Yext (YEXT), Montrose Environmental Group (MEG), Emerald (EEX), Pursuit Attractions and Hospitality (PRSU), MNTN (MNTN), Riskified (RSKD), Paysafe (PSFE), NeoGenomics (NEO), and Fiverr International (FVRR). 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 investment? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, media sentiment, analyst recommendations, dividends, earnings and profitability.

8X8 currently has a consensus target price of $2.49, indicating a potential upside of 29.80%. Ringcentral has a consensus target price of $30.62, indicating a potential downside of 2.02%. Given 8X8's higher probable 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)
9 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.21

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$715.07M0.37-$27.21M-$0.16-11.97
Ringcentral$2.40B1.18-$58.29M-$0.14-223.19

In the previous week, Ringcentral had 16 more articles in the media than 8X8. MarketBeat recorded 22 mentions for Ringcentral and 6 mentions for 8X8. 8X8's average media sentiment score of 0.95 beat Ringcentral's score of 0.92 indicating that 8X8 is being referred to more favorably in the media.

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

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

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

Ringcentral has a net margin of -0.50% compared to 8X8's net margin of -2.96%. 8X8's return on equity of 11.38% beat Ringcentral's return on equity.

Company Net Margins Return on Equity Return on Assets
8X8-2.96% 11.38% 1.92%
Ringcentral -0.50%-19.63%6.10%

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$261.15M$19.09B$29.63B$9.73B
Dividend YieldN/A3.68%3.09%4.10%
P/E Ratio-11.9773.7054.1225.89
Price / Sales0.37207.151,258.74123.10
Price / Cash3.0083.8033.6428.79
Price / Book2.068.077.256.00
Net Income-$27.21M$346.10M$805.41M$265.29M
7 Day Performance0.79%0.90%0.95%2.59%
1 Month Performance-5.67%-3.91%-0.22%0.98%
1 Year Performance-1.79%53.42%24,310.03%18.75%

8X8 Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EGHT
8X8
3.8656 of 5 stars
$1.92
-2.3%
$2.49
+29.8%
+0.5%$261.15M$715.07M-11.971,942
RNG
Ringcentral
3.4076 of 5 stars
$30.23
-1.7%
$30.62
+1.3%
-8.8%$2.78B$2.40B-215.914,260News Coverage
Positive News
Insider Trade
YEXT
Yext
1.4529 of 5 stars
$8.80
+8.8%
$9.44
+7.2%
+73.4%$990.20M$420.96M-48.891,150Gap Up
High Trading Volume
MEG
Montrose Environmental Group
1.7781 of 5 stars
$28.00
0.0%
$32.00
+14.3%
-7.1%$988.02M$696.40M-18.543,410Positive News
EEX
Emerald
1.8571 of 5 stars
$4.85
-1.8%
$7.95
+63.9%
-0.4%$977.99M$398.80M97.00600
PRSU
Pursuit Attractions and Hospitality
1.1625 of 5 stars
$35.05
+2.1%
$29.67
-15.4%
N/A$970.39M$366.49M58.171,500Positive News
MNTN
MNTN
N/A$22.82
+6.6%
$30.70
+34.6%
N/A$933.48MN/A0.00502Gap Down
RSKD
Riskified
3.3664 of 5 stars
$4.43
-15.9%
$6.04
+36.4%
-6.3%$847.96M$327.52M0.00780Earnings Report
High Trading Volume
PSFE
Paysafe
2.0003 of 5 stars
$13.51
-1.4%
$16.95
+25.5%
-35.7%$820.47M$1.70B10.223,300
NEO
NeoGenomics
4.089 of 5 stars
$6.24
+0.5%
$12.75
+104.3%
-60.3%$802.20M$660.57M-7.702,200Positive News
FVRR
Fiverr International
3.7383 of 5 stars
$23.58
+5.4%
$33.13
+40.5%
-11.3%$801.83M$391.48M19.62790

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This page (NASDAQ:EGHT) was last updated on 8/25/2025 by MarketBeat.com Staff
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