8x8, Inc. (EGHT)

NASDAQ: EGHT · IEX Real-Time Price · USD
2.740
+0.100 (3.79%)
Mar 27, 2024, 4:00 PM EDT - Market closed
3.79%
Market Cap 338.17M
Revenue (ttm) 733.82M
Net Income (ttm) -53.43M
Shares Out 123.42M
EPS (ttm) -0.44
PE Ratio n/a
Forward PE 6.73
Dividend n/a
Ex-Dividend Date n/a
Volume 618,273
Open 2.630
Previous Close 2.640
Day's Range 2.630 - 2.740
52-Week Range 2.150 - 4.880
Beta 1.47
Analysts Buy
Price Target 4.16 (+51.83%)
Earnings Date May 9, 2024

About EGHT

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, an... [Read more]

Sector Technology
IPO Date Jul 2, 1997
Employees 1,921
Stock Exchange NASDAQ
Ticker Symbol EGHT
Full Company Profile

Financial Performance

In 2022, 8x8, Inc.'s revenue was $743.94 million, an increase of 16.58% compared to the previous year's $638.13 million. Losses were -$73.14 million, -58.30% less than in 2021.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for EGHT stock is "Buy." The 12-month stock price forecast is $4.16, which is an increase of 51.83% from the latest price.

Price Target
$4.16
(51.83% upside)
Analyst Consensus: Buy
Stock Forecasts

News

8x8 Receives Multiple Awards for Continued Innovation

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces new industry award wins, including recent wins from Constellation Research, G2, CX Today, and CRN.

9 days ago - Business Wire

King Power Corporation Drives Operational Cost Reduction and Enhanced Customer Experiences with 8x8

SINGAPORE--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces King Power Corporation has integrated 8x8's SMS API solution into their e-commerce platform to enhance CX.

22 days ago - Business Wire

8x8, Inc. Announces Participation in Upcoming Investor Events

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud contact center and communications platform provider, today announced investor events for the fourth fiscal quart...

27 days ago - Business Wire

8x8 Launches 8x8 Engage™ to Bridge Customer Experience Journey Gaps Across an Organization

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces 8x8 Engage, an AI-powered, tailored solution that enables cross-organization customer engagement for enhanced CX.

27 days ago - Business Wire

Proactive Outreach for 8x8 Contact Center Enhances Customer Engagement with Highly Personalized Messaging Campaigns

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces new Proactive Outreach features for 8x8 Contact Center, enhancing customer messaging capabilities.

4 weeks ago - Business Wire

8x8, Inc. Issues New Employee Inducement Grants

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud contact center and unified communications platform provider, today announced that 8x8 granted restricted stock u...

5 weeks ago - Business Wire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of 8x8, Inc. (NASDAQ: EGHT)

NEW YORK , Feb. 5, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating 8x8, Inc. (NASDAQ: EGHT) on behalf of the company's shareholders.  The investigation seeks to determi...

7 weeks ago - PRNewsWire

8x8, Inc. Reports Third Quarter Fiscal 2024 Financial Results

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud contact center and unified communications platform provider, today reported financial results for the third quar...

2 months ago - Business Wire

8x8 Bridges the Customer Engagement Gap, Empowering Customer-Facing Employees with Tailored Tools to Deliver Exceptional Customer Experiences Across the Entire Organization

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces the beta availability of a new product line to deliver effective customer engagement across the entire organization.

2 months ago - Business Wire

8x8 Enhances Cloud Contact Center and Unified Communications Platform with AI-powered Customer and Employee Experience Innovations

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces enhancements to the 8x8 XCaaS platform, featuring AI-powered customer and employee experience innovations.

2 months ago - Business Wire

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

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces SellWith8 allowing technology partners to solve compelling business use cases for customers.

2 months ago - Business Wire

8x8, Inc. Schedules Third Quarter Fiscal 2024 Earnings Release and Conference Call

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) schedules third quarter fiscal 2024 earnings release and conference call.

2 months ago - Business Wire

8x8 Extends XCaaS Platform AI Capabilities with Real-time Meeting Transcriptions and Smart Summarizations

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces the addition of AI-powered video meeting capabilities to the 8x8 XCaaS platform.

2 months ago - Business Wire

Wayne Metropolitan Community Action Agency Turns to 8x8 Integrated Cloud Contact Center and Unified Communications Platform to Better Serve the Community

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces Wayne Metro Community Action Agency has deployed 8x8 XCaaS to better serve the community.

2 months ago - Business Wire

8x8's Innovation Momentum Recognized with Newest 2023 Award Wins

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces it has won numerous prestigious industry awards, including recent wins from CRN, TrustRadius, and Software Advice.

3 months ago - Business Wire

Ty Chooses 8x8 XCaaS for Enhanced Customer Experiences and Employee Collaboration

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces that Ty has deployed 8x8 XCaaS to improve customer engagement and employee communication and collaboration.

3 months ago - Business Wire

8x8 Announces 8x8 Sales Assist to Improve the Customer Experience, Increase Satisfaction, and Accelerate Revenue Growth for Retailers

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces 8x8 Sales Assist™ for retailers, providing connected journeys across self- and assisted-service for improved CX.

3 months ago - Business Wire

8x8 Named a Leader in the 2023 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 2023 Gartner Magic Quadrant for Unified Communications as a Service.

4 months ago - Business Wire

78% of UK IT Decision Makers are Deploying AI and Automation to Future Proof Their Businesses Amidst Ongoing Uncertainty, Reveals New 8x8 Research

LONDON--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) unveils new research, Permacrisis: The View from the IT Frontline, detailing the impact on UK businesses.

4 months ago - Business Wire

Baptist World Aid Chooses 8x8 to Deliver Superior Communications Experiences to its Donors, Employees, and Partners in the Fight Against Global Poverty

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces that Baptist World Aid has deployed 8x8 XCaaS with 8x8 Voice for Microsoft Teams to deliver superior CX.

4 months ago - Business Wire

8x8, Inc. Reports Second Quarter Fiscal 2024 Financial Results

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud contact center and unified communications platform provider, today reported financial results for the second qua...

5 months ago - Business Wire

8x8's AI-powered Intelligent Customer Assistant Drives Customer Experience Success and Enhanced Contact Center Performance

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces that the AI-powered Intelligent Customer Assistant solution continues to enhance CX and contact center performance.

5 months ago - Business Wire

New 8x8 XCaaS Cloud Contact Center and Unified Communications Platform Innovations Create Tailored, Enhanced Customer and Employee Experiences

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces the latest 8x8 XCaaS platform innovations for enhanced customer and employee experiences.

5 months ago - Business Wire

8x8, Inc. Schedules Second Quarter Fiscal 2024 Earnings Release and Conference Call

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) announces the second quarter fiscal 2024 earnings release and conference call.

5 months ago - Business Wire

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

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) today announced the upcoming availability of native video functionality for 8x8 Contact Center.

6 months ago - Business Wire