How to buy 8×8 stock | $23.55

8x8, Inc is a software-application business based in the US. 8x8 shares (EGHT) are listed on the NYSE and all prices are listed in US Dollars. 8x8 employs 1,696 staff and has a trailing 12-month revenue of around 0.00.

8x8 stock price (NYSE: EGHT)

Use our graph to track the performance of EGHT stocks over time.

8x8 shares at a glance

• Key figures

Information last updated 2021-07-30.

Latest market close	$23.55
52-week range	$14.71 - $39.17
50-day moving average	$26.58
200-day moving average	$30.63
Wall St. target price	$35.25
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	$-1.13

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Is it a good time to buy 8x8 stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of 8x8, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

8x8 price performance over time

Historical closes compared with the close of $23.55 from 2021-05-28

1 week (2021-07-21)	N/A
1 month (2021-07-01)	-14.49%
3 months (2021-04-30)	-28.40%
6 months (2021-01-28)	N/A

1 year (2020-07-28)	N/A
2 years (2019-07-28)	N/A
3 years (2018-07-28)	N/A
5 years (2016-07-28)	N/A

8x8 financials

Revenue TTM	$532.3 million
Gross profit TTM	$302.2 million
Return on assets TTM	-13.25%
Return on equity TTM	-94.29%
Profit margin	-31.11%
Book value	$1.47
Market capitalisation	$2.8 billion

TTM: trailing 12 months

Shorting 8x8 shares

There are currently 14.8 million 8x8 shares held short by investors – that's known as 8x8's "short interest". This figure is 4.3% down from 15.5 million last month.

There are a few different ways that this level of interest in shorting 8x8 shares can be evaluated.

8x8's "short interest ratio" (SIR)

8x8's "short interest ratio" (SIR) is the quantity of 8x8 shares currently shorted divided by the average quantity of 8x8 shares traded daily (recently around 928318.44903064). 8x8's SIR currently stands at 15.99. In other words for every 100,000 8x8 shares traded daily on the market, roughly 15990 shares are currently held short.

However 8x8's short interest can also be evaluated against the total number of 8x8 shares, or, against the total number of tradable 8x8 shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case 8x8's short interest could be expressed as 0.13% of the outstanding shares (for every 100,000 8x8 shares in existence, roughly 130 shares are currently held short) or 0.1721% of the tradable shares (for every 100,000 tradable 8x8 shares, roughly 172 shares are currently held short).

A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against 8x8.

Find out more about how you can short 8x8 stock.

8x8 share dividends

We're not expecting 8x8 to pay a dividend over the next 12 months.

8x8 share price volatility

Over the last 12 months, 8x8's shares have ranged in value from as little as $14.71 up to $39.17. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while 8x8's is 1.1436. This would suggest that 8x8's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

8x8 overview

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 public switched telephone network connectivity, video meetings, and unified messaging; 8x8 Contact Center, a multi-channel cloud-based contact center solution; and 8x8 Meet, a cloud-based video conferencing and collaboration solution that enables secure and continuous collaboration with borderless high definition video and audio communications from mobile and desktop devices. It also offers 8x8 Team Messaging, an integrated open team messaging platform, which facilitate modern modes of communication with support for direct messages, public and private team messaging rooms, short messaging service, presence, emojis, and ?@ mentions'; 8x8 CPaaS, a set of global communications Platform-as-a-Service; and X1 through X4 and X5 through X8, which provide enterprise-grade voice, unified communications, and video meetings and team collaboration, and contact centre solutions. The company markets its services to end users through search engine marketing and optimization, third-party lead generation sources, industry conferences, trade shows, Webinars, and digital advertising channels, as well as direct sales organization. 8x8, Inc.

Frequently asked questions

What percentage of 8x8 is owned by insiders or institutions?
Currently 2.765% of 8x8 shares are held by insiders and 101.145% by institutions. How many people work for 8x8?
Latest data suggests 1,696 work at 8x8. When does the fiscal year end for 8x8?
8x8's fiscal year ends in March. Where is 8x8 based?
8x8's address is: 675 Creekside Way, Campbell, CA, United States, 95008 What is 8x8's ISIN number?
8x8's international securities identification number is: US2829141009 What is 8x8's CUSIP number?
8x8's Committee on Uniform Securities Identification Procedures number is: 282912104