2.315
price down icon8.86%   -0.225
pre-market  Pre-market:  2.19   -0.125   -5.40%
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8x8 Inc stock is currently priced at $2.315, with a 24-hour trading volume of 812.64K. It has seen a -8.86% decreased in the last 24 hours and a -13.62% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $2.57 pivot point. If it approaches the $2.34 support level, significant changes may occur.
Previous Close:
$2.54
Open:
$2.54
24h Volume:
812.64K
Market Cap:
$290.25M
Revenue:
$733.82M
Net Income/Loss:
$-53.43M
P/E Ratio:
-4.287
EPS:
-0.54
Net Cash Flow:
$61.27M
1W Performance:
-9.92%
1M Performance:
-13.62%
6M Performance:
-38.27%
1Y Performance:
-43.12%
1D Range:
Value
$2.27
$2.56
52W Range:
Value
$2.12
$4.875

8x8 Inc Stock (EGHT) Company Profile

Name
Name
8x8 Inc
Name
Phone
408-727-1885
Name
Address
2125 O'Nel Drive, San Jose, CA
Name
Employee
1,225
Name
Twitter
@8x8
Name
Next Earnings Date
2024-06-12
Name
Latest SEC Filings
Name
EGHT's Discussions on Twitter

8x8 Inc Stock (EGHT) Upgrades & Downgrades

Date Action Analyst Rating Change
Aug-09-23 Downgrade Craig Hallum Buy → Hold
Mar-24-23 Initiated Rosenblatt Buy
Dec-15-22 Initiated Wedbush Neutral
Aug-08-22 Upgrade BofA Securities Neutral → Buy
Aug-05-22 Upgrade Craig Hallum Hold → Buy
Aug-05-22 Downgrade Oppenheimer Outperform → Perform
Aug-04-22 Initiated MKM Partners Neutral
Jul-28-22 Downgrade BTIG Research Buy → Neutral
Jun-24-22 Downgrade Evercore ISI Outperform → In-line
May-11-22 Upgrade B. Riley Securities Neutral → Buy
Jan-28-22 Resumed BofA Securities Neutral
Jan-12-22 Downgrade Robert W. Baird Outperform → Neutral
Oct-21-21 Initiated Barclays Equal Weight
Jun-22-21 Initiated Needham Buy
May-11-21 Downgrade Craig Hallum Buy → Hold
Apr-20-21 Resumed BofA Securities Neutral
Jan-05-21 Downgrade Wells Fargo Equal Weight → Underweight
Dec-11-20 Reiterated Needham Buy
Oct-29-20 Upgrade B. Riley Securities Sell → Neutral
Oct-29-20 Upgrade Craig Hallum Hold → Buy
Oct-29-20 Upgrade Summit Insights Hold → Buy
Oct-09-20 Initiated Mizuho Neutral
Aug-20-20 Initiated Evercore ISI Outperform
Mar-26-20 Downgrade B. Riley FBR Neutral → Sell
Jan-28-20 Initiated Wells Fargo Equal Weight
Jan-27-20 Initiated Wells Fargo Equal Weight
Jan-13-20 Downgrade Morgan Stanley Overweight → Equal-Weight
Oct-24-19 Upgrade B. Riley FBR Sell → Neutral
Sep-30-19 Downgrade BofA/Merrill Neutral → Underperform
Jul-31-19 Downgrade B. Riley FBR Neutral → Sell
Jul-31-19 Reiterated BofA/Merrill Neutral
Jul-24-19 Downgrade Rosenblatt Buy → Neutral
Jul-18-19 Reiterated Needham Buy
May-15-19 Downgrade Dougherty & Company Buy → Neutral
May-15-19 Reiterated Needham Buy
Mar-12-19 Initiated Guggenheim Neutral
Jan-30-19 Reiterated Needham Buy
View All

8x8 Inc Stock (EGHT) Financials Data

8x8 Inc (EGHT) Revenue 2024

EGHT reported a revenue (TTM) of $733.82 million for the quarter ending December 31, 2023, a -0.94% decline year-over-year.
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8x8 Inc (EGHT) Net Income 2024

EGHT net income (TTM) was -$53.43 million for the quarter ending December 31, 2023, a +51.11% increase year-over-year.
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8x8 Inc (EGHT) Cash Flow 2024

EGHT recorded a free cash flow (TTM) of $61.27 million for the quarter ending December 31, 2023, a +69.12% increase year-over-year.
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8x8 Inc (EGHT) Earnings per Share 2024

EGHT earnings per share (TTM) was -$0.44 for the quarter ending December 31, 2023, a +53.19% growth year-over-year.
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8x8, Inc. provides enterprise cloud communications and customer engagement solutions for small and mid-size businesses, mid-market, and distributed enterprises worldwide. It offers unified communications, team collaboration, conferencing, contact center, analytics, and other services to various business customers on a software-as-a-service (SaaS) model. The company provides 8x8 Virtual Office, a self-contained and end-to-end solution that delivers high quality voice and unified communications-as-a-service; 8x8 Virtual Contact Center, a multi-channel cloud-based contact center solution; and 8x8 Virtual Office Meetings, a cloud-based video conferencing and collaboration solution that enables secure and continuous collaboration with borderless high definition (HD) video and audio communications from mobile and desktop devices. It also offers 8x8 Sameroom, an interoperability platform, which enables cross-team messaging and collaboration within a large organization and between organizations; and Script8, a communications flow and routing engine that offers a scripting environment for routing communications data for specific workflows, as well as allows end-users to create simple, personalized, and customizable communications experiences, such as communications control, external data source integration, and intelligent routing. The company integrates its services with third-party applications and platforms, including enterprise resource planning, customer relations management, human capital management, and other proprietary application suites. It markets its services to end users through direct sales organization, Website, and channel partners. As of March 31, 2018, the company serves approximately 53,800 business customers. 8x8, Inc. was founded in 1987 and is headquartered in San Jose, California.
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