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EGHT

EGHT - 8x8 Inc Stock Price, Fair Value and News

2.31USD-0.23 (-9.06%)Market Closed

Market Summary

EGHT
USD2.31-0.23
Market Closed
-9.06%

EGHT Alerts

  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

EGHT Stock Price

View Fullscreen

EGHT RSI Chart

EGHT Valuation

Market Cap

289.6M

Price/Earnings (Trailing)

-4.28

Price/Sales (Trailing)

0.4

EV/EBITDA

-235.5

Price/Free Cashflow

3.79

EGHT Price/Sales (Trailing)

EGHT Profitability

EBT Margin

-8.78%

Return on Equity

-66.29%

Return on Assets

-8.94%

Free Cashflow Yield

26.36%

EGHT Fundamentals

EGHT Revenue

Revenue (TTM)

728.7M

Rev. Growth (Yr)

-2.77%

Rev. Growth (Qtr)

-0.88%

EGHT Earnings

Earnings (TTM)

-67.6M

Earnings Growth (Yr)

-150.14%

Earnings Growth (Qtr)

-11.16%

Breaking Down EGHT Revenue

Last 7 days

-2.7%

Last 30 days

-5.2%

Last 90 days

-7.3%

Trailing 12 Months

-37.6%

How does EGHT drawdown profile look like?

EGHT Financial Health

Current Ratio

1.44

Debt/Equity

1.94

Debt/Cashflow

0.4

EGHT Investor Care

Shares Dilution (1Y)

9.35%

Diluted EPS (TTM)

-0.56

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024728.7M000
2023743.9M739.6M737.2M733.8M
2022638.1M677.4M713.3M740.8M
2021532.3M558.9M581.3M601.5M
2020446.2M471.4M491.0M509.1M
2019352.6M366.0M389.9M418.5M
2018296.5M310.6M323.8M338.2M
2017253.4M262.4M271.7M283.6M
2016209.3M221.5M233.7M244.2M
2015162.4M172.4M183.7M195.5M
2014128.6M137.3M146.0M154.7M
2013105.6M109.6M115.1M121.5M
201285.8M92.5M98.0M101.2M
201170.2M71.8M74.3M79.8M
201063.4M65.1M66.8M68.5M
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Tracking the Latest Insider Buys and Sells of 8x8 Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 16, 2024
kraus kevin
sold
-2,156
2.6957
-800
chief financial officer
May 16, 2024
middleton hunter
sold
-2,275
2.6957
-844
chief product officer
May 15, 2024
kraus kevin
sold
-5,720
2.86
-2,000
chief financial officer
May 15, 2024
wilson samuel c.
sold
-11,036
2.7592
-4,000
chief executive officer
Apr 16, 2024
seandel suzy m
sold
-16,436
2.2652
-7,256
chief accounting officer
Apr 15, 2024
kraus kevin
sold
-2,330
2.33
-1,000
chief financial officer

1–10 of 50

Which funds bought or sold EGHT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
reduced
-10.88
-16,646
18,111
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-4,000
12,000
-%
May 28, 2024
Boston Partners
added
473
7,574,640
10,029,300
0.01%
May 24, 2024
Cetera Investment Advisers
new
-
42,123
42,123
-%
May 20, 2024
Virtu Financial LLC
sold off
-100
-168,000
-
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-88.08
-2,291,930
213,281
-%
May 16, 2024
COMERICA BANK
unchanged
-
-2,366
5,916
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-37.25
-41,249
33,504
-%
May 16, 2024
Virtus Investment Advisers, Inc.
new
-
139,320
139,320
0.10%
May 16, 2024
SYLEBRA CAPITAL LLC
unchanged
-
-15,540,600
38,851,600
1.29%

1–10 of 40

Are Funds Buying or Selling EGHT?

Are funds buying EGHT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own EGHT
No. of Funds

Unveiling 8x8 Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
arrowmark colorado holdings llc
11.28%
13,785,419
SC 13G/A
Feb 13, 2024
vanguard group inc
8.91%
10,887,429
SC 13G/A
Jan 25, 2024
blackrock inc.
9.3%
11,362,916
SC 13G/A
Oct 10, 2023
vanguard group inc
8.84%
10,605,256
SC 13G/A
Oct 06, 2023
blackrock inc.
9.3%
11,143,104
SC 13G/A
May 26, 2023
sylebra capital ltd
12.37%
14,389,476
SC 13D
Feb 15, 2023
arrowmark colorado holdings llc
11.44%
12,778,721
SC 13G/A
Feb 14, 2023
sylebra capital ltd
12.83%
14,328,391
SC 13G/A
Feb 14, 2023
tiger global management llc
0%
0
SC 13G/A
Feb 09, 2023
vanguard group inc
16.17%
18,056,572
SC 13G/A

Recent SEC filings of 8x8 Inc

View All Filings
Date Filed Form Type Document
May 21, 2024
10-K
Annual Report
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 08, 2024
8-K
Current Report
Apr 17, 2024
4
Insider Trading
Apr 17, 2024
4
Insider Trading
Apr 17, 2024
4
Insider Trading
Apr 08, 2024
8-K
Current Report
Mar 21, 2024
8-K
Current Report

Peers (Alternatives to 8x8 Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
221.9B
35.7B
-15.03% 12.83%
40.56
6.21
11.04% 1343.27%
148.1B
38.6B
10.80% 76.65%
106.52
3.84
14.01% 141.26%
48.2B
5.6B
2.94% 4.56%
48.31
8.53
10.60% 18.97%
28.4B
2.2B
-0.55% -2.05%
65.25
12.73
3.59% -21.47%
17.9B
4.6B
-4.10% -12.06%
21.34
3.92
3.13% 15150.61%
MID-CAP
8.5B
671.8M
-3.74% 38.62%
110.62
12.59
33.64% 185.98%
5.8B
4.7B
-9.02% 45.37%
-31.57
1.24
10.90% 88.31%
3.7B
296.4M
26.73% -26.65%
-13.52
12.4
11.14% -3.59%
3.4B
970.0M
0.90% -15.87%
-19.13
3.53
13.46% 43.89%
3.1B
895.2M
-6.91% 22.77%
34.97
3.5
5.72% 46.94%
2.5B
237.5M
14.50% 26.08%
28.8
10.46
19.89% 491.11%
SMALL-CAP
1.2B
413.5M
0.63% -1.64%
92.02
2.88
-1.65% -71.35%
250.7M
31.6M
9.95% 268.84%
-42.69
7.93
2.76% 43.72%
206.0M
117.7M
8.82% -34.42%
-20.89
1.75
12.54% 11.24%
156.8M
544.5M
-30.90% -82.54%
-0.37
0.29
-18.24% -2615.41%

8x8 Inc News

Latest updates
MarketBeat11 Jun 202407:00 pm
Yahoo Canada Shine On08 Jun 202401:00 pm

8x8 Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-0.9%179,413181,006184,999183,287184,529184,400187,389187,620181,372156,874151,557148,327144,719136,685129,133121,807121,478118,567109,51796,67593,767
Operating Expenses-116.4%-31,273190,397187,582184,697-60,479202,481212,379214,374-25,647194,492188,714187,154184,755171,940162,231159,567167,632161,735147,461129,228121,192
  S&GA Expenses1.1%67,75566,99768,68768,50568,84879,02180,48783,52784,78576,79776,72675,91570,69663,98661,39960,15065,42063,09957,89553,59949,525
  R&D Expenses3.5%33,93032,78734,20735,29236,45535,06236,01934,95530,58627,91128,49825,39225,27123,70221,56721,49420,15519,87019,43418,33118,064
EBITDA Margin-Infinity%0.00*--0.03*-0.04*-0.05*-0.13*-0.16*-0.21*-0.25*-0.27*-0.27*-0.27*-0.28*--------
Interest Expenses59.0%10,9116,864--13,0994,409--1,250---907---906----
Income Taxes296.5%2,066521-3891,4441,76637.00599405-96387.00233256177301137228148280256148236
Earnings Before Taxes-4.0%-21,525-20,701-7,841-13,883-7,665-25,993-11,040-25,638-46,545-43,484-42,091-43,650-44,857-39,924-38,276-41,685-49,952-46,791-40,676-34,117-27,895
EBT Margin-28.6%-0.09*-0.07*-0.08*-0.08*-0.09*-0.15*-0.18*-0.23*-0.28*-0.29*-0.29*-0.30*---------
Net Income-11.2%-23,591-21,222-7,452-15,327-9,431-26,030-11,639-26,043-45,583-43,571-42,324-43,906-45,034-40,225-38,413-41,913-50,100-47,071-40,932-34,265-28,131
Net Income Margin-27.4%-0.09*-0.07*-0.08*-0.08*-0.10*-0.15*-0.18*-0.23*-0.27*-0.29*-0.30*-0.30*---------
Free Cashflow-42.9%12,34421,61316,09126,28713,31614,64212,9674,87015,3048,4663,6193,154---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-8.6%756827824828842836856889910756673676678693687688701732667558546
  Current Assets-18.1%248302282274273255264273276368273266277274269268277302267357397
    Cash Equivalents-31.0%11616914412211193.0010193.0091.00200103109121107122117156185162269285
  Net PPE-4.5%53.0056.0054.0055.0058.0061.0069.0074.0079.0082.0087.0091.0093.0094.0096.0096.0094.0090.0065.0058.0053.00
  Goodwill-0.3%26726726626626726626226526713113113213213213012912813113239.0040.00
Liabilities-8.8%654717713724742746771756728639520519518525513509510513428328297
  Current Liabilities-25.1%17323122923623016516917519212112112112112811612212312210989.0075.00
  Long Term Debt0.1%198198197197197264287494447441317313308304300296292287222219216
    LT Debt, Current-100.0%-63.0063.0063.0063.00----------------
    LT Debt, Non Current0.1%198198197197197264287494447441317313308304300296292287222219216
Shareholder's Equity-7.0%10211011010510090.0085.00134182117153157161167174179191219239230249
  Retained Earnings-2.8%-860-836-815-808-792-783-757-745-766-720-677-634-591-546-505-467-422-372-325-284-250
  Additional Paid-In Capital1.9%974956941924906888867896957843836796756717688657625599575523507
Accumulated Depreciation-185---168-----------74.00---49.00
Shares Outstanding1.6%125123122119115116118120113114111110---------
Float---181---200---1,400---900---1,600--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-43.5%12,65322,39617,46326,47313,62215,48213,8415,84116,5269,0235,0994,032799-1,797-3,818-9,250-31,069-18,321-24,006-20,509-8,195
  Share Based Compensation6.8%15,07514,11814,52218,19516,02021,08124,62127,81427,17233,73735,83536,58732,69826,83925,32222,77920,57319,31717,39113,59712,934
Cashflow From Investing-631.2%-3,685-5045,9436,7925,617-9,41215,686-5,841-129,856-1,368-17,608-11,146-9,179-15,676434-11,900-21,458-24,912-71,09511,1716,208
Cashflow From Financing-Infinity%-60,776-2,365-25,000-1,509-20,082-16,25865.005,46689,7676,7573,4357,2771,3444,705-1346,25365,361-8861,367250,268
  Buy Backs-------60,214--29,377----------192
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EGHT Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Total revenue$ 728,705$ 743,938$ 638,130
Total cost of revenue224,905241,475247,558
Gross profit503,800502,463390,572
Operating expenses:   
Research and development136,216142,491112,387
Sales and marketing271,944311,883314,223
General and administrative112,209108,001118,103
Impairment of long-lived assets11,0346,3800
Total operating expenses531,403568,755544,713
Loss from operations(27,603)(66,292)(154,141)
Other expense, net(36,347)(4,044)(21,629)
Loss before provision (benefit) for income taxes(63,950)(70,336)(175,770)
Provision (benefit) for income taxes3,6422,807(387)
Net loss$ (67,592)$ (73,143)$ (175,383)
Net loss per share:   
Basic (in dollars per share)$ (0.56)$ (0.63)$ (1.55)
Diluted (in dollars per share)$ (0.56)$ (0.63)$ (1.55)
Weighted average number of shares:   
Basic (in shares)121,106115,959113,354
Diluted (in shares)121,106115,959113,354
Service revenue   
Total revenue$ 700,579$ 710,044$ 602,357
Total cost of revenue192,960198,871195,909
Other revenue   
Total revenue28,12633,89435,773
Total cost of revenue$ 31,945$ 42,604$ 51,649

EGHT Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Mar. 31, 2023
Current assets:  
Cash and cash equivalents$ 116,262$ 111,400
Restricted cash, current356511
Short-term investments1,04826,228
Accounts receivable, net58,97962,307
Deferred sales commission costs, current35,93338,048
Other current assets35,25834,630
Total current assets247,836273,124
Property and equipment, net53,18157,871
Operating lease, right-of-use assets35,92452,444
Intangible assets, net86,717107,112
Goodwill266,574266,863
Restricted cash, non-current105818
Deferred sales commission costs, non-current52,85967,644
Other assets, non-current12,78315,934
Total assets755,979841,810
Current liabilities:  
Accounts payable48,86246,802
Accrued and other liabilities78,10273,740
Operating lease liabilities, current11,29511,504
Deferred revenue, current34,32534,909
Convertible senior notes, current062,932
Total current liabilities172,584229,887
Operating lease liabilities, non-current56,64765,623
Deferred revenue, non-current7,81010,615
Convertible senior notes, non-current197,796196,821
Term loan211,894231,993
Other liabilities, non-current7,2906,965
Total liabilities654,021741,904
Commitments and contingencies (Note 7)
Stockholders' equity:  
Preferred stock: $0.001 par value, 5,000,000 shares authorized, none issued and outstanding as of March 31, 2024 and 202300
Common stock: $0.001 par value, $300,000,000 shares authorized, 125,193,573 shares and $114,659,255 shares issued and outstanding at March 31, 2024 and 2023, respectively125115
Additional paid-in capital973,895905,635
Accumulated other comprehensive loss(11,553)(12,927)
Accumulated deficit(860,509)(792,917)
Total stockholders' equity101,95899,906
Total liabilities and stockholders' equity$ 755,979$ 841,810
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, 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. It markets its services to end users through industry conferences, trade shows, Webinars, and digital advertising channels. The company was incorporated in 1987 and is headquartered in Campbell, California.
 CEO
 WEBSITE8x8.com
 INDUSTRYSoftware - Apps
 EMPLOYEES1921

8x8 Inc Frequently Asked Questions


What is the ticker symbol for 8x8 Inc? What does EGHT stand for in stocks?

EGHT is the stock ticker symbol of 8x8 Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of 8x8 Inc (EGHT)?

As of Wed Jun 12 2024, market cap of 8x8 Inc is 318.46 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EGHT stock?

You can check EGHT's fair value in chart for subscribers.

What is the fair value of EGHT stock?

You can check EGHT's fair value in chart for subscribers. The fair value of 8x8 Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of 8x8 Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EGHT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is 8x8 Inc a good stock to buy?

The fair value guage provides a quick view whether EGHT is over valued or under valued. Whether 8x8 Inc is cheap or expensive depends on the assumptions which impact 8x8 Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EGHT.

What is 8x8 Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Jun 12 2024, EGHT's PE ratio (Price to Earnings) is -4.71 and Price to Sales (PS) ratio is 0.44. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EGHT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on 8x8 Inc's stock?

In the past 10 years, 8x8 Inc has provided -0.098 (multiply by 100 for percentage) rate of return.