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8x8, Inc. EGHT

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Price alert · EGHT

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2.09 USD -0.18 -7.93%

At close · Oct 30

2.05 -0.04 -2.01%

After hours · Oct 30, 4:06 PM ET

Bid
2.09 × 1
Ask
2.10 × 1
2.05 Day range 2.22
1.59 52-week range 2.76
YTD
+6.09%
1 year
+14.21%
Open
2.20
Prev close
2.27
Mkt cap
301.87M
Vol
1.20M
Avg vol
1.45M
EPS
0.04
P/E
52.25
Div yield
0.00%
More statistics
Low
2.05
High
2.22
Forward P/E
6.28
Beta
1.54
Short ratio
6.09
Inst. own
83.87%
Dividend
0.00
Ex-div date
Earnings
Jan 29, 2025
50-d avg
2.65
200-d avg
2.42
1y target
3.14

2Y chart

Chart tools
Interval

Events in this range
  • Nov 4, 2024Earnings: 0.09; estimate 0.08; surprise 12.5%
  • Nov 5, 2024Rating: Barclays · Equal-Weight → Equal-Weight
  • Nov 5, 2024Rating: Mizuho · Neutral → Neutral
  • Nov 5, 2024Rating: Wells Fargo · Underweight → Underweight
  • Dec 13, 2024Downgrade: Mizuho · Neutral → Underperform
  • Dec 18, 2024Rating: Morgan Stanley · Underweight → Underweight
  • Jan 29, 2025Earnings: —; estimate 0.08; surprise —%
Signals (107)
NameDateAgo
MACD: Buy SignalOct 26, 20265 days ago
SMA: BullishOct 20, 20261 week ago
SMA: BullishOct 20, 20261 week ago
SMA: BearishOct 16, 20262 weeks ago
SMA: BearishOct 16, 20262 weeks ago
SMA: BullishOct 15, 20262 weeks ago
SMA: BullishOct 15, 20262 weeks ago
SMA: BearishOct 14, 20262 weeks ago
SMA: BearishOct 12, 20262 weeks ago
MACD: Sell SignalOct 9, 20263 weeks ago
SMA: BullishSep 23, 20261 month ago
SMA: BullishSep 22, 20261 month ago
MACD: Buy SignalSep 22, 20261 month ago
SMA: BearishAug 31, 20262 months ago
SMA: BullishAug 27, 20262 months ago
MACD: Sell SignalAug 17, 20262 months ago
SMA: BullishAug 3, 20262 months ago
SMA: BullishAug 3, 20262 months ago
MACD: Buy SignalJul 31, 20263 months ago
SMA: BearishJul 30, 20263 months ago
SMA: BullishJul 29, 20263 months ago
MACD: Sell SignalJul 21, 20263 months ago
SMA: BearishJul 17, 20263 months ago
SMA: BullishJul 16, 20263 months ago
SMA: BearishJul 15, 20263 months ago
SMA: BearishJul 15, 20263 months ago
SMA: BullishJul 13, 20263 months ago
SMA: BullishJul 8, 20263 months ago
MACD: Buy SignalJun 30, 20264 months ago
SMA: BearishJun 5, 20264 months ago
SMA: BearishJun 3, 20265 months ago
MACD: Sell SignalMay 15, 20265 months ago
RSI: OverboughtMay 4, 20266 months ago
SMA: BullishMay 1, 20266 months ago
SMA: BullishMay 1, 20266 months ago
SMA: BearishApr 23, 20266 months ago
SMA: BearishApr 22, 20266 months ago
SMA: BullishApr 21, 20266 months ago
MACD: Buy SignalApr 9, 20266 months ago
RSI: OversoldMar 27, 20267 months ago
SMA: BearishMar 18, 20267 months ago
SMA: BearishMar 13, 20267 months ago
MACD: Sell SignalFeb 20, 20268 months ago
SMA: BullishFeb 4, 20268 months ago
SMA: BullishFeb 4, 20268 months ago
RSI: OverboughtFeb 4, 20268 months ago
MACD: Buy SignalFeb 2, 20269 months ago
RSI: OversoldJan 16, 20269 months ago
SMA: BearishJan 13, 20269 months ago
SMA: BearishJan 8, 20269 months ago
SMA: BullishJan 5, 20269 months ago
SMA: BearishJan 2, 202610 months ago
SMA: BearishDec 31, 202510 months ago
MACD: Sell SignalDec 22, 202510 months ago
SMA: BullishDec 3, 202511 months ago
SMA: BullishDec 3, 202511 months ago
MACD: Buy SignalNov 26, 202511 months ago
MACD: Sell SignalNov 19, 202511 months ago
SMA: BearishNov 13, 202511 months ago
SMA: BearishNov 13, 202511 months ago
SMA: BullishNov 12, 202511 months ago
SMA: BullishNov 12, 202511 months ago
SMA: BearishNov 6, 202511 months ago
SMA: BearishNov 6, 202511 months ago
SMA: BullishNov 5, 202512 months ago
SMA: BullishNov 5, 202512 months ago
MACD: Buy SignalNov 5, 202512 months ago
MACD: Sell SignalOct 30, 20251 year ago
MACD: Buy SignalOct 24, 20251 year ago
SMA: BearishOct 7, 20251 year ago
MACD: Sell SignalOct 1, 20251 year ago
SMA: BearishSep 30, 20251 year ago
SMA: BearishSep 19, 20251 year ago
SMA: BullishSep 18, 20251 year ago
SMA: BullishAug 28, 20251 year ago
SMA: BearishAug 25, 20251 year ago
SMA: BullishAug 22, 20251 year ago
MACD: Buy SignalAug 22, 20251 year ago
SMA: BearishAug 14, 20251 year ago
SMA: BullishAug 13, 20251 year ago
SMA: BearishAug 11, 20251 year ago
SMA: BullishAug 8, 20251 year ago
SMA: BearishAug 6, 20251 year ago
SMA: BullishAug 5, 20251 year ago
SMA: BearishAug 1, 20251 year ago
MACD: Sell SignalJul 29, 20251 year ago
MACD: Buy SignalJul 28, 20251 year ago
MACD: Sell SignalJul 14, 20251 year ago
RSI: OverboughtJul 3, 20251 year ago
MACD: Buy SignalJun 4, 20251 year ago
MACD: Sell SignalMay 21, 20251 year ago
MACD: Buy SignalApr 22, 20251 year ago
RSI: OversoldApr 8, 20251 year ago
MACD: Sell SignalApr 3, 20251 year ago
RSI: OversoldApr 3, 20251 year ago
MACD: Buy SignalMar 20, 20251 year ago
RSI: OversoldMar 12, 20251 year ago
SMA: BearishFeb 21, 20251 year ago
MACD: Sell SignalFeb 21, 20251 year ago
RSI: OverboughtFeb 13, 20251 year ago
SMA: BullishFeb 10, 20251 year ago
SMA: BearishJan 31, 20251 year ago
SMA: BullishJan 28, 20251 year ago
SMA: BearishJan 27, 20251 year ago
SMA: BullishJan 24, 20251 year ago
MACD: Buy SignalJan 22, 20251 year ago
RSI: OverboughtDec 4, 20241 year ago

Key statistics

Market cap
352.78M
Enterprise value
565.91M
Trailing P/E
0.00
Forward P/E
6.28
PEG ratio
0.00
Price / sales
0.49
Price / book
1.99
EPS (TTM)
-0.56
Beta
1.54
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
-9.68%
Revenue (TTM)
719.56M
Revenue growth
17.40%
Free cash flow
103.42M
Total cash
147.60M
Total debt
407.72M
Return on equity
-63.25%
Shares outstanding
130.66M
Short % of float
7.41%
50-day average
2.65
200-day average
2.42

Analyst view

Consensus: hold

Hold
Price target (mean) 3.14 +50.0% upside
Target (low)
2.00
Target (mean)
3.14
Target (high)
4.25
Ratings (0m) 10 4 buy · 3 hold · 3 sell
  • Strong buy1
  • Buy3
  • Hold3
  • Sell3
  • Strong sell0

Next earnings

Jan 29, 2025

Expected Jan 29, 2025. Consensus EPS estimate 0.0862.

Earnings history

Financials — quick view

All financials
EGHT Revenue — quarterly 190.17M
2023-Q2 20222023-Q3 20222023-Q4 20232024-Q1 20232024-Q2 20232024-Q3 20232024-Q4 20242025-Q1 20242025-Q2 20242025-Q3 20242025-Q4 20252026-Q1 20252026-Q2 20252026-Q3 20252026-Q4 20262027-Q1 2026
EGHT Net income — quarterly -1.20M
2023-Q2 20222023-Q3 20222023-Q4 20232024-Q1 20232024-Q2 20232024-Q3 20232024-Q4 20242025-Q1 20242025-Q2 20242025-Q3 20242025-Q4 20252026-Q1 20252026-Q2 20252026-Q3 20252026-Q4 20262027-Q1 2026
EGHT EPS — quarterly -0.01
2023-Q2 20222023-Q3 20222023-Q4 20232024-Q1 20232024-Q2 20232024-Q3 20232024-Q4 20242025-Q1 20242025-Q2 20242025-Q3 20242025-Q4 20252026-Q1 20252026-Q2 20252026-Q3 20252026-Q4 20262027-Q1 2026

Earnings

EGHT recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Jan 29, 2025Dec 1, 20240.08———
Nov 4, 2024Sep 1, 20240.080.09+0.01+12.50%
Aug 7, 2024Jun 1, 20240.080.080.000.00%
May 8, 2024Mar 1, 20240.070.08+0.01+14.29%
Jan 31, 2024Dec 1, 20230.100.12+0.02+20.00%
Nov 1, 2023Sep 1, 20230.090.14+0.05+55.56%

Upgrades / downgrades

EGHT analyst upgrades and downgrades
DateFirmActionFromTo
Dec 18, 2024Morgan StanleymainUnderweightUnderweight
Dec 13, 2024MizuhodownNeutralUnderperform
Nov 5, 2024Wells FargomainUnderweightUnderweight
Nov 5, 2024MizuhomainNeutralNeutral
Nov 5, 2024BarclaysmainEqual-WeightEqual-Weight
Oct 28, 2024RosenblattmainBuyBuy

About 8x8, Inc.

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.

Sector
Technology
Industry
Software - Application
Country
United States
Website
8x8.com

News

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Insider holders

EGHT insider holders
InsiderRelationLatest transactionDateShares held
BONNER MONIQUEDirectorStock Award(Grant)Aug 22, 2024174,268
BURTON ANDREW FDirectorSaleDec 11, 2024133,309
DENNY LAURENCE AOfficerSaleNov 21, 2024241,246
FORD TODD RDirectorStock Award(Grant)Aug 22, 2024184,107
KRAUS KEVIN JChief Financial OfficerSaleDec 15, 2024459,641
MIDDLETON HUNTER LOfficerSaleSep 15, 2024565,170

Institution ownership

EGHT institution ownership
Holder% heldSharesValueReported
Sylebra Capital LLC12.88%14,389,47638.85MSep 29, 2024
Vanguard Group Inc11.57%12,923,46834.89MSep 29, 2024
ArrowMark Colorado Holdings LLC10.50%11,725,29131.66MSep 29, 2024
Blackrock Inc.9.78%10,927,29029.50MSep 29, 2024
Boston Partners5.72%6,392,77317.26MSep 29, 2024
Invenomic Capital Management, LP4.95%5,528,49714.93MSep 29, 2024

Fund ownership

EGHT fund ownership
Holder% heldSharesValueReported
Vanguard Explorer Fund, Inc.5.61%6,267,47516.92MJul 30, 2024
Northern Lights Fd Tr II-Invenomic Fd3.39%3,787,99710.23MJul 30, 2024
Vanguard Total Stock Market Index Fund3.36%3,753,54310.13MSep 29, 2024
Trust For Professional Managers-Column Small Cap Select Fund2.84%3,176,9148.58MSep 29, 2024
iShares Russell 2000 ETF2.75%3,076,6438.31MOct 30, 2024
Pax World Small Cap Fund2.47%2,755,9697.44MSep 29, 2024
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