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8x8 NasdaqGS:EGHT Stock Report

Last Price

US$2.15

Market Cap

US$265.4m

7D

-13.0%

1Y

-35.6%

Updated

18 Apr, 2024

Data

Company Financials +

EGHT Stock Overview

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.

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

8x8, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for 8x8
Historical stock prices
Current Share PriceUS$2.15
52 Week HighUS$4.88
52 Week LowUS$2.14
Beta1.43
1 Month Change-19.48%
3 Month Change-38.22%
1 Year Change-35.63%
3 Year Change-93.56%
5 Year Change-90.91%
Change since IPO-69.82%

Recent News & Updates

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

Recent updates

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?

Changing My Tune On 8x8 Inc.

Sep 06

8X8 GAAP EPS of $0.09 beats by $0.40, revenue of $187.6M beats by $0.81M

Jul 27

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

Jul 25
We Think 8x8 (NYSE:EGHT) Has A Fair Chunk Of Debt

8x8, Inc. Calls Win Again

May 26

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

May 13
A Look At The Intrinsic Value Of 8x8, Inc. (NYSE:EGHT)

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

Apr 16
Here's Why 8x8 (NYSE:EGHT) Can Afford Some Debt

Shareholder Returns

EGHTUS SoftwareUS Market
7D-13.0%-4.9%-3.7%
1Y-35.6%37.8%20.2%

Return vs Industry: EGHT underperformed the US Software industry which returned 39.4% over the past year.

Return vs Market: EGHT underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is EGHT's price volatile compared to industry and market?
EGHT volatility
EGHT Average Weekly Movement9.7%
Software Industry Average Movement8.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: EGHT's share price has been volatile over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
19871,921Sam 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 and mid-size businesses, mid-market and larger enterprises, government agencies, and other organizations worldwide. 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. The company also 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.

8x8, Inc. Fundamentals Summary

How do 8x8's earnings and revenue compare to its market cap?
EGHT fundamental statistics
Market capUS$265.36m
Earnings (TTM)-US$53.43m
Revenue (TTM)US$733.82m

0.4x

P/S Ratio

-5.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EGHT income statement (TTM)
RevenueUS$733.82m
Cost of RevenueUS$223.19m
Gross ProfitUS$510.63m
Other ExpensesUS$564.06m
Earnings-US$53.43m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.43
Gross Margin69.59%
Net Profit Margin-7.28%
Debt/Equity Ratio430.3%

How did EGHT perform over the long term?

See historical performance and comparison
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