8x8, Inc.

NasdaqGS:EGHT Stock Report

Market Cap: US$337.2m

8x8 Balance Sheet Health

Financial Health criteria checks 3/6

8x8 has a total shareholder equity of $142.9M and total debt of $321.2M, which brings its debt-to-equity ratio to 224.8%. Its total assets and total liabilities are $661.5M and $518.7M respectively. 8x8's EBIT is $16.0M making its interest coverage ratio 1. It has cash and short-term investments of $86.9M.

Key information

224.82%

Debt to equity ratio

US$321.17m

Debt

Interest coverage ratio1x
CashUS$86.88m
EquityUS$142.86m
Total liabilitiesUS$518.66m
Total assetsUS$661.52m

Recent financial health updates

Recent updates

Seeking Alpha Feb 09

8x8 Q3: Strong Execution Amid Lingering Structural Challenges

Summary 8x8's Q3 results exceeded the guidance ranges for top and bottom-line metrics, driven by higher revenue and lower expenses. Usage-based revenue, which includes its AI offerings, is a key growth driver, but it is putting pressure on gross margins. I see low single-digit underlying growth for FY27, with upside likely coming from stronger-than-expected uptake of its AI offerings and sustained growth in Asia. EGHT's net debt stood at $235 million, but with roughly $44 million in unlevered FCF expected for FY27, it can likely be refinanced next year. EGHT stock remains a Hold. Read the full article on Seeking Alpha
Analysis Article Feb 05

8x8, Inc. (NASDAQ:EGHT) Held Back By Insufficient Growth Even After Shares Climb 25%

8x8, Inc. ( NASDAQ:EGHT ) shareholders have had their patience rewarded with a 25% share price jump in the last month...
Narrative Update Feb 05

EGHT: Future Revenue Guidance Will Likely Prove Too Optimistic

Analysts have raised their fair value estimate for 8x8 from $1.50 to $2.00, citing updated assumptions regarding revenue growth, discount rate, profit margins, and future P/E expectations. What's in the News 8x8 issued earnings guidance for the fourth quarter of fiscal 2026, with expected total revenue between US$178.5 million and US$183.5 million.
Analysis Article Jan 17

What Is 8x8, Inc.'s (NASDAQ:EGHT) Share Price Doing?

8x8, Inc. ( NASDAQ:EGHT ), is not the largest company out there, but it saw significant share price movement during...
Narrative Update Nov 07

EGHT: Underlying Stabilization And Improved Capital Structure Will Drive Upside Potential

Analysts have raised their fair value price target for 8x8 from $2.36 to $2.50 per share, citing signs of operational stabilization and improved growth metrics as key factors supporting the revised outlook. Analyst Commentary Recent analyst actions around 8x8 reflect a nuanced outlook, highlighting both notable improvements and persistent areas of concern as the company works to regain momentum.
Analysis Article Oct 07

Revenues Working Against 8x8, Inc.'s (NASDAQ:EGHT) Share Price

You may think that with a price-to-sales (or "P/S") ratio of 0.4x 8x8, Inc. ( NASDAQ:EGHT ) is definitely a stock worth...
Analysis Article Sep 12

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jul 03

8x8, Inc.'s (NASDAQ:EGHT) Shares Bounce 33% But Its Business Still Trails The Industry

8x8, Inc. ( NASDAQ:EGHT ) shares have had a really impressive month, gaining 33% after a shaky period beforehand. The...
Analysis Article Jul 01

An Intrinsic Calculation For 8x8, Inc. (NASDAQ:EGHT) Suggests It's 38% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, 8x8 fair value estimate is US$3.17 Current share price of...
Analysis Article Apr 04

Here's Why 8x8 (NASDAQ:EGHT) Is Weighed Down By Its Debt Load

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
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New Narrative Mar 30

Multiproduct Adoption And Asia Expansion Will Shape Future Markets

Cross-selling and product adoption strategies significantly boost recurring revenue and retention, driving future growth and improving net margins.
Analysis Article Mar 13

8x8, Inc. (NASDAQ:EGHT) Not Doing Enough For Some Investors As Its Shares Slump 26%

To the annoyance of some shareholders, 8x8, Inc. ( NASDAQ:EGHT ) shares are down a considerable 26% in the last month...
Analysis Article Mar 13

Little Excitement Around 8x8, Inc.'s (NASDAQ:EGHT) Revenues As Shares Take 26% Pounding

Unfortunately for some shareholders, the 8x8, Inc. ( NASDAQ:EGHT ) share price has dived 26% in the last thirty days...
Seeking Alpha Feb 09

8x8: Fundamentals Need To Improve A Bit More

Summary I maintain a neutral rating on 8x8 due to minimal catalysts and moderate to high-risk factors, despite recent profitability improvements. EGHT's Q3 2025 fundamentals remain weak, missing revenue estimates and showing stagnant growth, though positive net profitability and operating cash flow are notable highlights. Key focus areas for potential upside include further profitability improvements and debt reduction, but competition and execution challenges pose significant risks. My FY 2026 target price of $2.82 suggests a mere 1.2% upside, indicating that the potential reward does not justify the investment risk. Read the full article on Seeking Alpha
Analysis Article Dec 14

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha Dec 04

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

Summary 8x8 up over 35% following better than expected Q2 results. While revenue continues to decline, margins are improving, leading to strong FCF generation which alleviates concerns related to its high debt load. A return to organic growth depends on the continued success of cross-selling its newer product offerings, as headwinds from the loss of legacy product customers diminish. Despite the recent positive developments, I stay with my Hold rating on EGHT due to the persistent risks I see. Read the full article on Seeking Alpha
Analysis Article Nov 07

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

The investors in 8x8, Inc. 's ( NASDAQ:EGHT ) will be rubbing their hands together with glee today, after the share...
Analysis Article Nov 06

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

8x8, Inc. ( NASDAQ:EGHT ) shareholders would be excited to see that the share price has had a great month, posting a...
Seeking Alpha Sep 14

8x8: Cheap Valuation But Declining Growth Is A Concern

Summary Shares are down significantly this year as the business struggles to generate revenue growth. FCF generation continues to be strong and the company’s balance sheet is healthier following the recent debt refinancing. The latest AI-based product offering should drive revenue growth and offset the impact from AI bots replacing human agents. Though valuation appears cheap at an EV/FCF multiple of 10.8, multiple risks and uncertainties involved make it less compelling. Read the full article on Seeking Alpha
Analysis Article Aug 14

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

Unfortunately for some shareholders, the 8x8, Inc. ( NASDAQ:EGHT ) share price has dived 28% in the last thirty days...

Financial Position Analysis

Short Term Liabilities: EGHT's short term assets ($203.9M) exceed its short term liabilities ($179.9M).

Long Term Liabilities: EGHT's short term assets ($203.9M) do not cover its long term liabilities ($338.7M).


Debt to Equity History and Analysis

Debt Level: EGHT's net debt to equity ratio (164%) is considered high.

Reducing Debt: EGHT's debt to equity ratio has increased from 181.7% to 224.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable EGHT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: EGHT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 58% per year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 12:13
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

8x8, Inc. is covered by 17 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael NicholsB. Riley Securities, Inc.
Matthew VanVlietBTIG
Gregory MillerCanaccord Genuity