8x8, Inc. (EGHT)

NASDAQ: EGHT · Real-Time Price · USD
2.580
-0.060 (-2.27%)
Jan 17, 2025, 4:00 PM EST - Market closed
-2.27%
Market Cap 337.10M
Revenue (ttm) 719.56M
Net Income (ttm) -69.65M
Shares Out 130.66M
EPS (ttm) -0.55
PE Ratio n/a
Forward PE 6.71
Dividend n/a
Ex-Dividend Date n/a
Volume 722,683
Open 2.660
Previous Close 2.640
Day's Range 2.560 - 2.680
52-Week Range 1.510 - 3.760
Beta 1.66
Analysts Buy
Price Target 2.87 (+11.24%)
Earnings Date Jan 29, 2025

About EGHT

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,... [Read more]

Sector Technology
IPO Date Jul 2, 1997
Employees 1,948
Stock Exchange NASDAQ
Ticker Symbol EGHT
Full Company Profile

Financial Performance

In 2023, 8x8, Inc.'s revenue was $728.71 million, a decrease of -2.05% compared to the previous year's $743.94 million. Losses were -$67.59 million, -7.59% less than in 2022.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for EGHT stock is "Buy." The 12-month stock price forecast is $2.87, which is an increase of 11.24% from the latest price.

Price Target
$2.87
(11.24% upside)
Analyst Consensus: Buy
Stock Forecasts

News

8x8 Named to Newsweek's Excellence 1000 Index

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) today announced it was ranked 728 in Newsweek's 2nd annual rankings for the Excellence 1000 Index.

4 days ago - Business Wire

8x8 Appoints Joel Neeb as Chief Transformation and Business Operations Officer

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announced the appointment of Joel Neeb as Chief Transformation and Business Operations Officer.

12 days ago - Business Wire

Candel Therapeutics, 8x8 And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 150 points on Friday.

Other symbols: CADL
5 weeks ago - Benzinga

Descope and 8x8 Partner to Boost Security and Efficiency in Customer Experience

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8 (NASDAQ: EGHT) today announced a partnership with Descope to seamlessly integrate Descope's drag-and-drop CIAM platform with 8x8's CPaaS APIs.

5 weeks ago - Business Wire

Undercovered Dozen: PagerDuty, SUSS MicroTek, High Tide, 8x8 +

The 'Undercovered Dozen' series highlights 12 lesser-known stocks, offering unique investment opportunities and encouraging community discussion on their potential. Kraken Robotics is rated HOLD by Dr...

Other symbols: HITIPD
6 weeks ago - Seeking Alpha

8x8 Receives Multiple Awards for Continued Innovation

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces the company's CX transformation is driving continued recognition in prestigious industry awards.

6 weeks ago - Business Wire

8x8 CX Transformation Drives Continued Customer Adoption and Momentum

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announced the company's CX transformation continues to drive adoption of its AI-powered 8x8 Platform for CX.

2 months ago - Business Wire

The 8x8 Brand Reimagined to Power CX Ambitions

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) today announced the next evolution of its brand.

2 months ago - Business Wire

8x8, Inc. Announces Participation in Upcoming Investor Events

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces participation in upcoming investor events.

2 months ago - Business Wire

8x8, Inc. Appoints John Pagliuca to Board of Directors

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announced that John Pagliuca has been appointed to the company's board of directors.

2 months ago - Business Wire

8x8 Delivers Latest AI Advancements and Customer Engagement Capabilities to Cloud CX Platform

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces recent innovations and enhancements to the 8x8 cloud platform.

2 months ago - Business Wire

8x8, Inc. (EGHT) Q2 2025 Earnings Call Transcript

8x8, Inc. (NASDAQ:EGHT) Q2 2025 Earnings Call November 4, 2024 5:00 PM ET Company Participants Kate Patterson - Investor Relations Samuel Wilson - Chief Executive Officer Kevin Kraus - Chief Financia...

2 months ago - Seeking Alpha

8x8, Inc. Announces Second Quarter Fiscal Year 2025 Financial Results

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) today reported financial results for the second quarter of fiscal year 2025 ended September 30, 2024.

2 months ago - Business Wire

CareMonitor Chooses 8x8 CPaaS to Support Critical Patient Interactions

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces that CareMonitor has deployed 8x8 CPaaS to support critical patient interactions.

3 months ago - Business Wire

8x8, Inc. Schedules Second Quarter Fiscal 2025 Earnings Release and Conference Call

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) schedules second quarter fiscal 2025 earnings release and conference call.

3 months ago - Business Wire

8x8 Extends AI-Powered 8x8 Intelligent Customer Assistant for Enhanced Voice and Digital Customer Engagement

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces the expanded availability of AI-powered voice support for 8x8 Intelligent Customer Assistant.

3 months ago - Business Wire

8x8 Named a Leader in the 2024 Gartner® Magic Quadrant™ for Unified Communications as a Service

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces it has been named a Leader in the 2024 Gartner Magic Quadrant for Unified Communications as a Service.

3 months ago - Business Wire

8x8 Delivers Latest Platform Innovations Adding Video Engagement to 8x8 Contact Center

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) today announced expanded availability of Video Elevation capabilities for 8x8 Contact Center.

4 months ago - Business Wire

8x8 Wins Stevie® Awards in 2024 International Business Awards® for Continued Excellence in Professional Services

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading business communications, CX and CPaaS platform provider, today announced its Professional Services organization was named the win...

4 months ago - Business Wire

8x8 CPaaS Named a Leader in Programmable Video Market by Industry Expert

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces that industry expert Tsahi Levent-Levi and BlogGeek.me named 8x8 JaaS as a leader in the programmable video market.

5 months ago - Business Wire

8x8 CX Transformation and Innovation Driving Year-Over-Year Contact Center Momentum

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces momentum for its Customer Experience AI-powered platform transformation.

5 months ago - Business Wire

Top 3 Tech Stocks Which Could Rescue Your Portfolio This Quarter

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: OUSTSMSI
5 months ago - Benzinga

Summit Fleet Moves Up a Gear with 8x8, Accelerating the Customer and Employee Experience

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces Summit Fleet has deployed the 8x8 cloud contact center and unified communications platform to enhance CX and EX.

5 months ago - Business Wire

8x8, Inc. (EGHT) Q1 2025 Earnings Call Transcript

8x8, Inc. (NASDAQ:EGHT) Q1 2025 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Kate Patterson - Vice President of Investor Relations Samuel Wilson - Chief Executive Officer C...

5 months ago - Seeking Alpha

8x8, Inc. Reports First Quarter Fiscal Year 2025 Financial Results

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) today reported financial results for the first quarter of fiscal year 2025 ended June 30, 2024.

5 months ago - Business Wire