8X8 (NASDAQ:EGHT) Updates FY 2026 Earnings Guidance

8X8 (NASDAQ:EGHT) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.360-0.370 for the period, compared to the consensus earnings per share estimate of 0.250. The company issued revenue guidance of $729.0 million-$734.0 million, compared to the consensus revenue estimate of $720.1 million. 8X8 also updated its Q4 2026 guidance to 0.070-0.080 EPS.

8X8 Stock Down 3.5%

NASDAQ:EGHT traded down $0.06 during mid-day trading on Tuesday, reaching $1.66. The stock had a trading volume of 4,666,375 shares, compared to its average volume of 938,322. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market cap of $230.14 million, a P/E ratio of -41.50, a PEG ratio of 1.67 and a beta of 1.78. The business’s 50 day moving average is $1.92 and its 200 day moving average is $1.95. 8X8 has a fifty-two week low of $1.52 and a fifty-two week high of $3.52.

Analyst Ratings Changes

A number of brokerages have issued reports on EGHT. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 8X8 in a research report on Monday, December 29th. Rosenblatt Securities reissued a “buy” rating and set a $2.50 price objective on shares of 8X8 in a research report on Wednesday, November 5th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $2.49.

8X8 News Roundup

Here are the key news stories impacting 8X8 this week:

• Positive Sentiment: Reported Q3 results beat consensus — management posted revenue ~ $185M and an EPS print above analyst expectations, driving a positive reaction from markets. Read More.
• Positive Sentiment: Market response was strong after the release (shares rallied sharply after close), reflecting investor enthusiasm around the beat and improving net income/operating profit trends reported for the quarter. Read More.
• Positive Sentiment: Company highlighted accelerating adoption of AI- and API-driven communications across industries — this product momentum can support future revenue expansion and higher-margin services. Read More.
• Neutral Sentiment: Some reported metrics differ across data providers (reported EPS and estimates vary between outlets), suggesting investors should check the company press release/GAAP vs. non‑GAAP disclosures for the definitive numbers. Read More.
• Neutral Sentiment: Analyst coverage remains limited but includes at least one recent Buy rating; follow-up analyst notes and any guidance will matter for near-term sentiment. Read More.
• Negative Sentiment: Operating cash flow declined year‑over‑year and cash & cash equivalents fell to under $90M, raising focus on cash generation and runway despite the profitability uptick. Read More.
• Negative Sentiment: Gross profit decreased and cost of sales rose year‑over‑year, which could pressure margins if the trend continues even as operating profit improved. Read More.
• Negative Sentiment: Insider selling was reported (one sale by a senior executive), a small negative signal that investors sometimes note after earnings. Read More.
• Neutral Sentiment: Short-interest entries in recent feeds show inconsistent/zero data; the short interest picture is unclear and unlikely to explain the move today. Read More.

Hedge Funds Weigh In On 8X8

A number of institutional investors have recently modified their holdings of the stock. Prelude Capital Management LLC bought a new position in 8X8 in the 3rd quarter worth approximately $26,000. CIBC Bancorp USA Inc. bought a new position in shares of 8X8 during the 3rd quarter valued at about $30,000. Schonfeld Strategic Advisors LLC acquired a new position in shares of 8X8 in the third quarter valued at approximately $31,000. Cetera Investment Advisers bought a new stake in shares of 8X8 in the second quarter valued at about $55,000. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in 8X8 by 214.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 31,572 shares of the company’s stock worth $67,000 after purchasing an additional 21,544 shares during the last quarter. 93.99% of the stock is owned by institutional investors.

About 8X8

8×8, Inc (NASDAQ: EGHT) is a global provider of cloud-based enterprise communications, collaboration and contact centre solutions. The company’s unified communications as a service (UCaaS) platform integrates voice, video, chat, SMS and contact-centre capabilities into a single, software-driven solution. By combining real-time analytics, team messaging and interoperability with third-party business applications, 8×8 aims to simplify communications infrastructure for organisations of all sizes.

Founded in 1987 and headquartered in Campbell, California, 8×8 pioneered hosted VoIP services for businesses in the late 1990s and went public on the NASDAQ in 1997.