8x8 (Nasdaq:EGHT) - Stock Price, News & Analysis

EGHT Stock Overview

EGHT fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 72% below our estimate of its fair value

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Significant insider selling over the past 3 months

My Notes

New

Notes are coming soon

8x8, Inc. Competitors

Domo

NasdaqGM:DOMO

US$515.4m

Couchbase

NasdaqGS:BASE

US$677.6m

Ebix

NasdaqGS:EBIX

US$587.5m

Mitek Systems

NasdaqCM:MITK

US$442.3m

Price History & Performance

Summary of all time highs, changes and price drops for 8x8
Historical stock prices
Current Share Price	US$4.92
52 Week High	US$16.16
52 Week Low	US$2.87
Beta	1.31
1 Month Change	13.89%
3 Month Change	16.31%
1 Year Change	-66.23%
3 Year Change	-73.58%
5 Year Change	-71.97%
Change since IPO	-30.95%

Is 8x8 (NASDAQ:EGHT) Using Too Much Debt?

Dec 05

Recent updates

Shareholder Returns

	EGHT	US Software	US Market
7D	12.1%	4.1%	2.8%
1Y	-66.2%	-22.0%	-9.2%

Return vs Industry: EGHT underperformed the US Software industry which returned -22% over the past year.

Return vs Market: EGHT underperformed the US Market which returned -9.2% over the past year.

Price Volatility

Is EGHT's price volatile compared to industry and market?
EGHT volatility
EGHT Average Weekly Movement	11.2%
Software Industry Average Movement	9.5%
Market Average Movement	6.9%
10% most volatile stocks in US Market	17.3%
10% least volatile stocks in US Market	2.8%

Stable Share Price: EGHT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: EGHT's weekly volatility (11%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1987	2,216	Sam Wilson	https://www.8x8.com

8x8, Inc. provides voice, video, chat, contact center, and enterprise-class application programmable interface (API) Software-as-a-Service solutions for small and mid-size businesses, mid-market and larger enterprises, government agencies, and other organizations worldwide. The company offers unified communications, team collaboration, video conferencing, contact center, data and analytics, communication APIs, and other services. It provides 8x8 Work, a self-contained end-to-end united communications solution that delivers enterprise voice with public switched telephone network connectivity, video meetings, and unified messaging, as well as direct messages, public and private team messaging rooms, and short and multimedia services; 8x8 Contact Center, a multi-channel cloud-based contact center solution; and 8x8 CPaaS, a set of global communications Platform-as-a-Service.

8x8, Inc. Fundamentals Summary

How do 8x8's earnings and revenue compare to its market cap?
EGHT fundamental statistics
Market Cap	US$549.51m
Earnings (TTM)	-US$126.83m
Revenue (TTM)	US$713.26m

0.8x

P/S Ratio

-4.3x

P/E Ratio

Is EGHT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
EGHT income statement (TTM)
Revenue	US$713.26m
Cost of Revenue	US$257.05m
Gross Profit	US$456.21m
Other Expenses	US$583.04m
Earnings	-US$126.83m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 01, 2023

Earnings per share (EPS)	-1.14
Gross Margin	63.96%
Net Profit Margin	-17.78%
Debt/Equity Ratio	609.5%

How did EGHT perform over the long term?

See historical performance and comparison

EGHT Stock Overview

Rewards

Risk Analysis

8x8, Inc. Competitors

NasdaqGM:DOMO

US$515.4m

NasdaqGS:BASE

US$677.6m

NasdaqGS:EBIX

US$587.5m

NasdaqCM:MITK

US$442.3m

Price History & Performance

Recent News & Updates

8X8 Launches 8X8 Customer Labs Open Beta Program

8x8, Inc. to Report Q3, 2023 Results on Feb 01, 2023

Spearline Labs Limited acquired Nemu Dialogue Systems Oy from 8x8, Inc. (NasdaqGS:EGHT).

Is 8x8 (NASDAQ:EGHT) Using Too Much Debt?

8x8, Inc. to Report Q2, 2024 Results on Oct 27, 2023

Independent Director recently sold US$419k worth of stock

Recent updates

8X8 Launches 8X8 Customer Labs Open Beta Program

8x8, Inc. to Report Q3, 2023 Results on Feb 01, 2023

Spearline Labs Limited acquired Nemu Dialogue Systems Oy from 8x8, Inc. (NasdaqGS:EGHT).

Is 8x8 (NASDAQ:EGHT) Using Too Much Debt?

8x8, Inc. to Report Q2, 2024 Results on Oct 27, 2023

Independent Director recently sold US$419k worth of stock

Consensus forecasts updated

Second quarter 2023 earnings: EPS exceeds analyst expectations

8X8, Inc. Appoints Jeanette Winters as Chief Human Resources Officer

8x8, Inc. to Report Q2, 2023 Results on Oct 27, 2022

Price target decreased to US$6.63

8X8, Inc. Announces Resignation of Vladimir Jacimovic from the Board

CEO & Director recently sold US$94k worth of stock

Chief Product Officer recently sold US$102k worth of stock

First quarter 2023 earnings: EPS exceeds analyst expectations

8X8, Inc. Provides Earnings Guidance for the Second Quarter Ending September 30, 2022; Provides Earnings Guidance for the Year Ending March 31, 2023

We Think 8x8 (NYSE:EGHT) Has A Fair Chunk Of Debt

8x8, Inc. Announces Appointment of Suzy Seandel as Senior Vice President and Chief Accounting Officer

Price target decreased to US$10.33

Chief Legal Officer notifies of intention to sell stock

8x8, Inc. to Report Q1, 2023 Results on Jul 27, 2022

Price target decreased to US$11.13

CEO & Director recently sold US$127k worth of stock

Price target decreased to US$12.04

Chief Legal Officer notifies of intention to sell stock

Executive VP recently sold US$56k worth of stock

Consensus forecasts updated

A Look At The Intrinsic Value Of 8x8, Inc. (NYSE:EGHT)

8X8, Inc. Provides Financial Guidance for the First Quarter Ending June 30, 2022 and for the Fiscal Year Ending March 31, 2023

Full year 2022 earnings: EPS misses analyst expectations

8x8, Inc. to Report Q4, 2022 Results on May 10, 2022

Here's Why 8x8 (NYSE:EGHT) Can Afford Some Debt

Chief Technology Officer notifies of intention to sell stock

Independent Director notifies of intention to sell stock

8X8, Inc. Announces Executive Changes

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Price target decreased to US$23.37

8X8, Inc. Increases Revenue Guidance for Full Year Ending March 31, 2022

8x8, Inc. (NYSE:EGHT) completed the acquisition of Fuze, Inc.

Price target decreased to US$27.93

Does 8x8 (NYSE:EGHT) Have A Healthy Balance Sheet?

CEO & Director recently sold US$1.4m worth of stock

8x8 XCaaS™ Offers Industry-First Integrated Cloud Contact Center and Phone Solution for Multinational Companies in the Philippines

Are Investors Undervaluing 8x8, Inc. (NYSE:EGHT) By 41%?

8x8, Inc. (NYSE:EGHT) entered into an agreement and plan of merger to acquire Fuze, Inc. for approximately $250 million.

Price target decreased to US$31.79

Executive VP & CFO recently sold US$78k worth of stock

Second quarter 2022 earnings released: US$0.38 loss per share (vs US$0.37 loss in 2Q 2021)

Chief Technology & Product Officer exercised options and sold US$158k worth of stock

Executive VP & CFO recently sold US$79k worth of stock

Chief Product Officer recently sold US$60k worth of stock

Chief Product Officer notifies of intention to sell stock

Executive VP & CFO recently sold US$137k worth of stock

8X8, Inc. Announces General Availability of 8X8 Frontdesk, A New8x8 Xcaas (Experience Communications as A Service) Composed Experience for High Volume Call Handling

8X8, Inc. Announces Rapid Adoption of the 8X8 Voice for Microsoft Teams Solution

Chief Product Officer exercised options and sold US$139k worth of stock

8X8 Delivers Industry-First Cloud Phone and Contact Center Solution for Multinational Organizations in Russia

Executive VP & CFO recently sold US$72k worth of stock

Is 8x8 (NYSE:EGHT) Using Too Much Debt?