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How to buy 8×8 stock in Canada

Own 8x8 shares in just a few minutes.

8x8 Inc
- $0.01 ( - 0.06%)

8x8 is a software-application business based in the US. 8x8 stocks (EGHT.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $26.7 – a decrease of 5.64% over the previous week. 8x8 employs 1,696 staff and has a trailing 12-month revenue of around $581.3 million.

How to buy shares in 8x8

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – EGHT – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

8x8 stock price (NYSE:EGHT)

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

8x8 shares at a glance

Information last updated 2022-01-18.
Latest market close$15.56
52-week range$15.95 - $38.99
50-day moving average $19.05
200-day moving average $24.34
Wall St. target price$29.07
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-1.57

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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.

8x8 price performance over time

Historical closes compared with the close of $15.56 from 2022-01-21

1 week (2022-01-13) -6.88%
1 month (2021-12-20) -7.60%
3 months (2021-10-22) -30.69%
6 months (2021-07-22) -40.22%
1 year (2021-01-22) -58.51%
2 years (2020-01-22) -22.74%
3 years (2019-01-22) 20.21
5 years (2017-01-20) 15.75

Is 8x8 under- or over-valued?

Valuing 8x8 stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of 8x8's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

8x8's PEG ratio

8x8's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.967. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into 8x8's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

8x8 financials

Revenue TTM $581.3 million
Gross profit TTM $302.2 million
Return on assets TTM -13.9%
Return on equity TTM -104.88%
Profit margin -29.5%
Book value $1.35
Market capitalisation $1.9 billion

TTM: trailing 12 months

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 $15.95 up to $38.99. A popular way to gauge a stock's volatility is its "beta".

EGHT.US volatility(beta: 1.02)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 1.0238. 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

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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