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8x8 NasdaqGS:EGHT Stock Report

Last Price

US$1.66

Market Cap

US$224.6m

7D

-34.4%

1Y

-54.1%

Updated

13 Aug, 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.

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$1.66
52 Week HighUS$3.92
52 Week LowUS$1.51
Beta1.56
11 Month Change-28.45%
3 Month Change-40.07%
1 Year Change-54.14%
33 Year Change-93.05%
5 Year Change-93.25%
Change since IPO-76.70%

Recent News & Updates

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%

Recent updates

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?

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

Shareholder Returns

EGHTUS SoftwareUS Market
7D-34.4%4.5%3.6%
1Y-54.1%23.7%20.3%

Return vs Industry: EGHT underperformed the US Software industry which returned 20.7% over the past year.

Return vs Market: EGHT underperformed the US Market which returned 16.9% over the past year.

Price Volatility

Is EGHT's price volatile compared to industry and market?
EGHT volatility
EGHT Average Weekly Movement13.7%
Software Industry Average Movement7.7%
Market Average Movement6.2%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.2%

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

Volatility Over Time: EGHT's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

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$224.58m
Earnings (TTM)-US$62.55m
Revenue (TTM)US$723.57m

0.3x

P/S Ratio

-3.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EGHT income statement (TTM)
RevenueUS$723.57m
Cost of RevenueUS$227.42m
Gross ProfitUS$496.15m
Other ExpensesUS$558.70m
Earnings-US$62.55m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.49
Gross Margin68.57%
Net Profit Margin-8.65%
Debt/Equity Ratio392.7%

How did EGHT perform over the long term?

See historical performance and comparison
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