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

EGHT Stock Overview

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.

About the company

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 69.3% below our estimate of its fair value

Earnings have grown 12.1% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

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

Shareholders have been diluted in the past year

Significant insider selling over the past 3 months

8x8, Inc. Competitors

LiveVox Holdings

NasdaqGS:LVOX

US$353.0m

Materialise

NasdaqGS:MTLS

US$313.1m

American Software

NasdaqGS:AMSW.A

US$349.5m

CS Disco

NYSE:LAW

US$377.2m

Price History & Performance

Summary of all time highs, changes and price drops for 8x8
Historical stock prices
Current Share Price	US$2.80
52 Week High	US$4.88
52 Week Low	US$2.12
Beta	1.46
1 Month Change	27.27%
3 Month Change	14.29%
1 Year Change	-23.29%
3 Year Change	-88.21%
5 Year Change	-88.33%
Change since IPO	-60.70%

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

Apr 16

Recent updates

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

Feb 02

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

Dec 12

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

Sep 07

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

Aug 02

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

Apr 23

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

Dec 05

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

8x8, Inc. Calls Win Again

May 26

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

May 13

Shareholder Returns

	EGHT	US Software	US Market
7D	1.1%	2.9%	1.2%
1Y	-23.3%	36.3%	27.7%

Return vs Industry: EGHT underperformed the US Software industry which returned 36.3% over the past year.

Return vs Market: EGHT underperformed the US Market which returned 27.7% over the past year.

Price Volatility

Is EGHT's price volatile compared to industry and market?
EGHT volatility
EGHT Average Weekly Movement	10.3%
Software Industry Average Movement	7.4%
Market Average Movement	5.9%
10% most volatile stocks in US Market	16.2%
10% least volatile stocks in US Market	2.8%

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

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

About the Company

Founded	Employees	CEO	Website
1987	1,921	Sam Wilson	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. 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 cap	US$350.54m
Earnings (TTM)	-US$67.59m
Revenue (TTM)	US$728.71m

0.5x

P/S Ratio

-5.2x

P/E Ratio

Is EGHT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EGHT income statement (TTM)
Revenue	US$728.71m
Cost of Revenue	US$223.84m
Gross Profit	US$504.87m
Other Expenses	US$572.46m
Earnings	-US$67.59m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.54
Gross Margin	69.28%
Net Profit Margin	-9.28%
Debt/Equity Ratio	401.8%

How did EGHT perform over the long term?

See historical performance and comparison

EGHT Stock Overview

Rewards

Risk Analysis

8x8, Inc. Competitors

NasdaqGS:LVOX

US$353.0m

NasdaqGS:MTLS

US$313.1m

NasdaqGS:AMSW.A

US$349.5m

NYSE:LAW

US$377.2m

Price History & Performance

Recent News & Updates

8X8, Inc. Provides Earnings Guidance for the First Quarter Ending June 30, 2024 and Full Year Ending March 31, 2025

Full year 2024 earnings: EPS misses analyst expectations

8x8, Inc.'s Latest Platform Innovations Enable Organizations to Bridge Customer Experience Gaps and Deliver Superior End-To-End Customer Engagement

8x8, Inc. to Report Q4, 2024 Results on May 08, 2024

8X8, Inc. Launches Operator Connect for Microsoft Teams to Streamline Reliable Telephony Deployment and Adoption for Organizations Using Teams

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

Recent updates

8X8, Inc. Provides Earnings Guidance for the First Quarter Ending June 30, 2024 and Full Year Ending March 31, 2025

Full year 2024 earnings: EPS misses analyst expectations

8x8, Inc.'s Latest Platform Innovations Enable Organizations to Bridge Customer Experience Gaps and Deliver Superior End-To-End Customer Engagement

8x8, Inc. to Report Q4, 2024 Results on May 08, 2024

8X8, Inc. Launches Operator Connect for Microsoft Teams to Streamline Reliable Telephony Deployment and Adoption for Organizations Using Teams

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

8x8: Growth Visibility Still Lacking

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

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

8X8, Inc. Reports Impairment of Long-Lived Assets for the Third Quarter Ended December 31, 2023

8x8, Inc. Enhances Cloud Contact Center and Unified Communications Platform with AI-Powered Customer and Employee Experience Innovations

8x8, Inc. Announces New Technology Partner Ecosystem Tier to Empower Technology Partners to Solve Compelling Business Use Cases

8X8 Extends XCaaS Platform Ai Capabilities with Real-Time Meeting Transcriptions and Smart Summarizations

CEO & Director recently sold US$166k worth of stock

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

New minor risk - Shareholder dilution

Price target decreased by 10.0% to US$4.32

8X8, Inc. Provides Earnings Guidance for Third Quarter Fiscal 2024 Ending December 31, 2023 and Fiscal Year 2024 Ending March 31, 2024

New 8x8, Inc. Announces the Latest 8x8 XCaaS Integrated Cloud Contact Center and Unified Communications Platform Innovations for Enhanced Customer and Employee Experiences

8x8 Brings New Video Functionality to 8x8 Contact Center for Elevated Customer Engagement

CEO & Director recently sold US$121k worth of stock

8X8, Inc. Appoints Bruno Bertini as Chief Marketing Officer

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

8X8 Launches New Sms Fraud Prevention Communication Api

8X8, Inc. Announces the Availability of Voice Conversational AI in 8X8 Intelligent Customer Assistant

8x8, Inc. Announces the Next Generation of the 8x8 Phone App for Microsoft Teams

Consensus EPS estimates fall by 78%

Price target decreased by 7.0% to US$4.96

New minor risk - Share price stability

First quarter 2024 earnings: EPS and revenues miss analyst expectations

8X8, Inc. Provides Earnings Guidance for Second Quarter Fiscal 2024 Ending September 30, 2023 and Fiscal Year 2024 Ending March 31, 2024

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

8x8, Inc. Enhances Customer and Employee Experiences Across Cloud Contact Center and Unified Communications Platform

8x8, Inc. to Report Q1, 2024 Results on Aug 08, 2023

Senior VP & Chief Accounting Officer recently sold US$128k worth of stock

8x8, Inc. Launches New Technology Partner Ecosystem to Deliver Integrated Solutions for Enhanced Customer Experiences

CEO & Director recently sold US$361k worth of stock

8X8, Inc. Appoints Lisa Martin as Chief Revenue Officer

8x8, Inc., Annual General Meeting, Jul 28, 2023

8x8, Inc. Appoints Kevin Kraus as Chief Financial Officer

8X8 Appoints Samuel Wilson A Member of the Board of Directors

Consensus EPS estimates upgraded to US$0.24 loss

Price target decreased by 8.4% to US$5.33

Full year 2023 earnings: EPS exceeds analyst expectations

8X8, Inc. Provides Earnings Guidance for the First Quarter Ending June 30, 2023 and Fiscal Year Ending March 31, 2024

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

Interim CEO recently sold US$168k worth of stock

Consensus EPS estimates upgraded to US$0.72 loss

Price target increased by 7.6% to US$5.78

Third quarter 2023 earnings: EPS exceeds analyst expectations

8X8, Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year of Fiscal Year Ending March 31, 2023

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