8X8 (NASDAQ:EGHT) Issues FY 2027 Earnings Guidance

Posted by on May 19th, 2026

8X8 (NASDAQ:EGHT – Get Free Report) updated its FY 2027 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.330-0.380 for the period, compared to the consensus estimate of 0.320. The company issued revenue guidance of $727.0 million-$747.0 million, compared to the consensus revenue estimate of $737.7 million. 8X8 also updated its Q1 2027 guidance to 0.080-0.090 EPS.

Analyst Ratings Changes

EGHT has been the subject of a number of recent analyst reports. Weiss Ratings raised 8X8 from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, May 1st. Rosenblatt Securities decreased their target price on 8X8 from $3.50 to $2.75 and set a “buy” rating for the company in a research report on Thursday, February 5th. Finally, Zacks Research lowered 8X8 from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $2.33.

Read Our Latest Stock Report on 8X8

8X8 Stock Performance

Shares of EGHT stock traded up $0.02 on Tuesday, reaching $2.41. The stock had a trading volume of 3,496,865 shares, compared to its average volume of 1,647,978. The stock has a market cap of $335.76 million, a P/E ratio of -120.44, a price-to-earnings-growth ratio of 1.80 and a beta of 1.83. 8X8 has a 1 year low of $1.56 and a 1 year high of $2.88. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.13 and a current ratio of 1.13. The company has a 50 day simple moving average of $2.02 and a 200 day simple moving average of $2.03.

Institutional Investors Weigh In On 8X8

Several large investors have recently made changes to their positions in EGHT. Prelude Capital Management LLC purchased a new position in 8X8 in the third quarter worth about $26,000. CIBC Bancorp USA Inc. purchased a new position in shares of 8X8 during the third quarter valued at approximately $30,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of 8X8 during the third quarter valued at approximately $31,000. Abel Hall LLC purchased a new position in shares of 8X8 during the fourth quarter valued at approximately $33,000. Finally, Headlands Technologies LLC purchased a new position in shares of 8X8 during the fourth quarter valued at approximately $37,000. 93.99% of the stock is owned by institutional investors.

8X8 Company Profile

(Get Free Report)

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.

Featured Articles

Earnings History and Estimates for 8X8 (NASDAQ:EGHT)

Receive News & Ratings for 8X8 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 8X8 and related companies with MarketBeat.com's FREE daily email newsletter.