8x8, Inc. (EGHT)

NYSE: EGHT · IEX Real-Time Price · USD
7.79
-0.49 (-5.92%)
May 16, 2022 4:00 PM EDT - Market closed
Market Cap921.80M
Revenue (ttm)601.48M
Net Income (ttm)-174.84M
Shares Out118.33M
EPS (ttm)-1.58
PE Ration/a
Forward PE21.51
Dividendn/a
Ex-Dividend Daten/a
Volume1,694,656
Open8.23
Previous Close8.28
Day's Range7.71 - 8.29
52-Week Range7.49 - 28.68
Beta1.09
AnalystsBuy
Price Target21.89 (+181.0%)
Earnings DateMay 10, 2022

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 offers unified communications, team collaboration, video conferencing, contact center, data and analytics, communication APIs, and other services. The company provides 8x8 Work, a self-contained end-to-end united communications solution that delivers enterprise voice with...

IndustrySoftware
IPO DateJul 2, 1997
CEOVikram Verma
Employees1,696
Stock ExchangeNYSE
Ticker SymbolEGHT
Full Company Profile

Financial Performance

In 2020, 8x8, Inc.'s revenue was $532.34 million, an increase of 19.30% compared to the previous year's $446.24 million. Losses were -$165.59 million, -3.94% less than in 2019.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for EGHT stock is "Buy." The 12-month stock price forecast is 21.89, which is an increase of 181.00% from the latest price.

Price Target
$21.89
(181.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

8x8, Inc. To Attend Upcoming Investor Conferences

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform provider, today announced that management is scheduled to participate in the following inves...

16 hours ago - Business Wire

Why 8x8 Stock Popped Today -- and Then Gave Most of It Back

The combination of a solid quarterly report and rough inflation news sent this tech stock on a wild ride.

5 days ago - The Motley Fool

8x8 (EGHT) Surpasses Q4 Earnings Estimates

8x8 (EGHT) delivered earnings and revenue surprises of 400% and 0.24%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

6 days ago - Zacks Investment Research

8x8, Inc. Reports Fourth Quarter and Fiscal 2022 Financial Results

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform provider, today reported financial results for the fourth quarter and fiscal year 2022 ended...

6 days ago - Business Wire

8x8, Inc. to Report Fourth Quarter and Fiscal Year 2022 Financial Results On May 10, 2022

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform provider, today announced that it will release financial results for the fourth quarter and ...

3 weeks ago - Business Wire

8x8 and Genesys Partner to Integrate 8x8 Cloud Unified Communications with Genesys Cloud CX

CAMPBELL, Calif. & SAN FRANCISCO--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) and Genesys® today announced a product integration of 8x8 Work with Genesys Cloud CX.

1 month ago - Business Wire

8x8 Introduces Conversation IQ to Bring Consistency and Professionalism for All Employees From the Front Desk to the ...

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) announced availability of 8x8 Conversation IQ to extend quality management and speech analytics to any role in the enterprise

2 months ago - Business Wire

8x8 Reimagines the Contact Center with 8x8 Agent Workspace; Delivers Purpose-built, Context-driven Agent Experience i...

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) announced general availability of 8x8 Agent Workspace, a new 8x8 Contact Center composed experience transforming the agent role

2 months ago - Business Wire

8x8 XCaaS™ Achieves Another Industry First; Now Delivers Integrated Cloud Contact Center and Phone Solutions for Mult...

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) is the industry's first integrated cloud contact center and phone solution to support multinational enterprises in 50 countries

2 months ago - Business Wire

8x8 XCaaS™ Integrated Cloud Communications and Contact Center Solution Enhances Capabilities and Sees Global Customer...

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) announced continued global growth and customer adoption of 8x8 XCaaS™ (eXperience Communications as a Service™)

2 months ago - Business Wire

8x8, Inc. Issues New Employee Inducement Grants

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform provider, today announced that in connection with the acquisition of Fuze, Inc., 8x8 issued ...

2 months ago - Business Wire

BDO Enhances Global Communications, Collaboration, and Customer Engagement with 8x8 XCaaS™

LONDON--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) announced that BDO has deployed 8x8 XCaaS to enhance communication, collaboration, and customer engagement.

2 months ago - Business Wire

8x8 (EGHT) Tops Q3 Earnings and Revenue Estimates

8x8 (EGHT) delivered earnings and revenue surprises of 100% and 1.29%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

8x8, Inc. Reports Third Quarter Fiscal 2022 Financial Results

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) today reported financial results for the third quarter of fiscal 2022 ended December 31, 2021.

3 months ago - Business Wire

8x8 (EGHT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

8x8 (EGHT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

8x8 Appoints Lisa Del Real as Global Channel Chief

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) announced the appointment of Lisa Del Real to Global Channel Chief, where she will lead 8x8's channel programs globally.

3 months ago - Business Wire

8x8 Closes Acquisition of Fuze

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) today announced the completion of the acquisition of Fuze.

3 months ago - Business Wire

8x8, Inc. to Report Third Quarter 2022 Financial Results on February 2, 2022

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) announced it will report third quarter 2022 financial results following the close of market on February 2, 2022.

4 months ago - Business Wire

The Anaheim Ducks and Honda Center Soar into New NHL Season with Cloud Communications from 8x8

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) announced ocV!BE Sports & Entertainment entities, including the NHL's Anaheim Ducks and the Honda Center, deployed 8x8 XCaaS

4 months ago - Business Wire

8x8 Appoints Stephanie Garcia as Chief Human Resources Officer

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) today announced the appointment of Stephanie Garcia as Chief Human Resources Officer, reporting to CEO Dave Sipes.

4 months ago - Business Wire

The 12 Best Tech Stocks to Buy for 2022

The best tech-sector picks for the year to come include plays on some of the most exciting emergent technologies, as well as several old-guard mega-caps.

4 months ago - Kiplinger

8x8 XCaaS™ Offers Industry-First Integrated Cloud Contact Center and Phone Solution for Multinational Companies in th...

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) announced the industry's first integrated cloud contact center and phone solution to support multinationals in the Philippines

5 months ago - Business Wire

Custom Glass Solutions Enhances Collaboration with 8x8 XCaaS™

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) today announced that Custom Glass Solutions (CGS) has chosen 8x8 XCaaS for enhanced employee and customer engagement.

5 months ago - Business Wire

Canada's DMV Veterinary Centers Deploys 8x8 Contact Center for Microsoft Teams to Meet Rapidly Increased Customer Demand

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) announced that DMV Veterinary Centers in Canada has deployed 8x8 Contact Center for Microsoft Teams

5 months ago - Business Wire

8x8, Inc. Prices $137.5 Million of Convertible Senior Notes

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform provider, today announced that it has entered into separate, privately negotiated agreements...

5 months ago - Business Wire