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8x8 NasdaqGS:EGHT Stock Report

Last Price

US$2.72

Market Cap

US$355.4m

7D

3.6%

1Y

-22.5%

Updated

22 Dec, 2024

Data

Company Financials +

EGHT Stock Overview

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. More details

EGHT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

8x8, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for 8x8
Historical stock prices
Current Share PriceUS$2.72
52 Week HighUS$3.92
52 Week LowUS$1.51
Beta1.64
1 Month Change-10.53%
3 Month Change40.93%
1 Year Change-22.51%
3 Year Change-84.57%
5 Year Change-84.96%
Change since IPO-61.82%

Recent News & Updates

Recent updates

Is 8x8 (NASDAQ:EGHT) A Risky Investment?

Dec 14
Is 8x8 (NASDAQ:EGHT) A Risky Investment?

8x8: Further Upside Hinges On A Return To Sustained Organic Growth

Dec 04

Analysts Have Made A Financial Statement On 8x8, Inc.'s (NASDAQ:EGHT) Second-Quarter Report

Nov 07
Analysts Have Made A Financial Statement On 8x8, Inc.'s (NASDAQ:EGHT) Second-Quarter Report

8x8, Inc.'s (NASDAQ:EGHT) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Nov 06
8x8, Inc.'s (NASDAQ:EGHT) Price Is Right But Growth Is Lacking After Shares Rocket 26%

8x8: Cheap Valuation But Declining Growth Is A Concern

Sep 14

Investors Don't See Light At End Of 8x8, Inc.'s (NASDAQ:EGHT) Tunnel And Push Stock Down 28%

Aug 14
Investors Don't See Light At End Of 8x8, Inc.'s (NASDAQ:EGHT) Tunnel And Push Stock Down 28%

Is 8x8 (NASDAQ:EGHT) A Risky Investment?

Jul 19
Is 8x8 (NASDAQ:EGHT) A Risky Investment?

8x8: An Unlikely Deep Value SaaS Play

Jun 30

The Market Doesn't Like What It Sees From 8x8, Inc.'s (NASDAQ:EGHT) Revenues Yet As Shares Tumble 32%

Jun 19
The Market Doesn't Like What It Sees From 8x8, Inc.'s (NASDAQ:EGHT) Revenues Yet As Shares Tumble 32%

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

Apr 16
Does 8x8 (NASDAQ:EGHT) Have A Healthy Balance Sheet?

8x8: Growth Visibility Still Lacking

Feb 23

Lacklustre Performance Is Driving 8x8, Inc.'s (NASDAQ:EGHT) 26% Price Drop

Feb 08
Lacklustre Performance Is Driving 8x8, Inc.'s (NASDAQ:EGHT) 26% Price Drop

8x8, Inc. (NASDAQ:EGHT) Shares Could Be 40% Below Their Intrinsic Value Estimate

Feb 02
8x8, Inc. (NASDAQ:EGHT) Shares Could Be 40% Below Their Intrinsic Value Estimate

Is 8x8 (NASDAQ:EGHT) Using Debt In A Risky Way?

Dec 12
Is 8x8 (NASDAQ:EGHT) Using Debt In A Risky Way?

Health Check: How Prudently Does 8x8 (NASDAQ:EGHT) Use Debt?

Sep 07
Health Check: How Prudently Does 8x8 (NASDAQ:EGHT) Use Debt?

Are Investors Undervaluing 8x8, Inc. (NASDAQ:EGHT) By 49%?

Aug 02
Are Investors Undervaluing 8x8, Inc. (NASDAQ:EGHT) By 49%?

Is 8x8 (NASDAQ:EGHT) Weighed On By Its Debt Load?

Apr 23
Is 8x8 (NASDAQ:EGHT) Weighed On By Its Debt Load?

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

Dec 05
Is 8x8 (NASDAQ:EGHT) Using Too Much Debt?

Shareholder Returns

EGHTUS SoftwareUS Market
7D3.6%-2.2%-2.4%
1Y-22.5%22.4%23.4%

Return vs Industry: EGHT underperformed the US Software industry which returned 22.4% over the past year.

Return vs Market: EGHT underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is EGHT's price volatile compared to industry and market?
EGHT volatility
EGHT Average Weekly Movement9.9%
Software Industry Average Movement7.9%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: EGHT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: EGHT's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19871,948Sam Wilsonwww.8x8.com

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.

8x8, Inc. Fundamentals Summary

How do 8x8's earnings and revenue compare to its market cap?
EGHT fundamental statistics
Market capUS$355.40m
Earnings (TTM)-US$69.65m
Revenue (TTM)US$719.56m

0.5x

P/S Ratio

-5.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EGHT income statement (TTM)
RevenueUS$719.56m
Cost of RevenueUS$228.14m
Gross ProfitUS$491.43m
Other ExpensesUS$561.07m
Earnings-US$69.65m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.53
Gross Margin68.29%
Net Profit Margin-9.68%
Debt/Equity Ratio361.4%

How did EGHT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:49
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

8x8, Inc. is covered by 26 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ryan MacWilliamsBarclays
Amir RozwadowskiBarclays
Michael FunkBofA Global Research