How to buy 8x8 stock - 08 March

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How to buy 8×8 stock

Own 8x8 stock in just a few minutes.

Fact checked

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 1,675 staff and has a trailing 12-month revenue of around USD$509.1 million.

How to buy shares in 8x8

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for 8x8. Find the stock by name or ticker symbol: EGHT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until 8x8 reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of 8x8, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of 8x8. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

8x8 share price

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

8x8 shares at a glance

Information last updated 2021-03-02.
52-week rangeUSD$10.7 - USD$39.17
50-day moving average USD$35.6806
200-day moving average USD$24.1819
Wall St. target priceUSD$39.28
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-1.129

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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.

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 financials

Revenue TTM USD$509.1 million
Gross profit TTM USD$245 million
Return on assets TTM -13.2%
Return on equity TTM -88.22%
Profit margin -33.52%
Book value $1.563
Market capitalisation USD$3.7 billion

TTM: trailing 12 months

Shorting 8x8 shares

There are currently 17.2 million 8x8 shares held short by investors – that's known as 8x8's "short interest". This figure is 15% down from 20.2 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 1.9 million). 8x8's SIR currently stands at 9.15. In other words for every 100,000 8x8 shares traded daily on the market, roughly 9150 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 0.16% of the outstanding shares (for every 100,000 8x8 shares in existence, roughly 160 shares are currently held short) or 0.2138% of the tradable shares (for every 100,000 tradable 8x8 shares, roughly 214 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet 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 $10.7 up to $39.17. A popular way to gauge a stock's volatility is its "beta".

EGHT.US volatility(beta: 1.04)Avg. volatility(beta: 1.00)LowHigh

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 1.0416. 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 Virtual Office, a self-contained and end-to-end solution that delivers high quality voice and unified communications-as-a-service; 8x8 Contact Center, a multi-channel cloud-based contact center solution; and 8x8 Meetings, 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 API, a set of global communications Platform-as-a-Service; and 8x8 Callstats Service, an analytics offering designed for real-time analytical responsiveness at scale. 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 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. was founded in 1987 and is headquartered in Campbell, California.

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