8X8 (NASDAQ:EGHT – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.070-0.080 for the period, compared to the consensus EPS estimate of 0.050. The company issued revenue guidance of $178.5 million-$185.5 million, compared to the consensus revenue estimate of $174.9 million. 8X8 also updated its FY 2026 guidance to 0.360-0.370 EPS.
8X8 Price Performance
Shares of 8X8 stock traded up $0.17 during midday trading on Thursday, reaching $2.61. The company had a trading volume of 4,332,198 shares, compared to its average volume of 2,159,295. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 2.30. The stock has a fifty day simple moving average of $1.92 and a 200 day simple moving average of $1.95. 8X8 has a 1-year low of $1.52 and a 1-year high of $3.52. The company has a market capitalization of $361.16 million, a price-to-earnings ratio of -130.68, a price-to-earnings-growth ratio of 1.67 and a beta of 1.80.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on EGHT shares. Rosenblatt Securities dropped 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. Weiss Ratings reiterated a “sell (e+)” rating on shares of 8X8 in a research report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, 8X8 presently has an average rating of “Reduce” and a consensus target price of $2.23.
Insider Activity
In other news, insider Hunter Middleton sold 85,044 shares of 8X8 stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $2.50, for a total transaction of $212,610.00. Following the transaction, the insider directly owned 652,943 shares of the company’s stock, valued at $1,632,357.50. This trade represents a 11.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 2.01% of the company’s stock.
Key Stories Impacting 8X8
Here are the key news stories impacting 8X8 this week:
- Positive Sentiment: Company raised FY2026 and Q4 guidance (higher revenue and EPS ranges vs. consensus), providing the primary bullish catalyst for the move — FY EPS guidance 0.360–0.370 vs. consensus ~0.25 and FY revenue guidance ~$729–734M vs. consensus ~720.1M. Read More.
- Positive Sentiment: Q3 FY2026 results beat expectations: revenue ~ $185.1M and EPS topped estimates, with operating profit and net‑income improvements noted — a fundamental beat that triggered the intraday rally. Read More.
- Positive Sentiment: Management highlighted strong momentum in usage‑based offerings (~60% growth) and accelerated AI/API adoption across the platform — points that support higher recurring usage and potential ARPU expansion. Read More.
- Neutral Sentiment: Coverage and earnings‑call transcripts are amplifying the move and helping volume — investors are parsing commentary for sustainability. Read More.
- Neutral Sentiment: Rosenblatt adjusted its price target down from $3.50 to $2.75 but kept a “Buy” rating, signaling cautious optimism from at least one sell‑side shop. Read More.
- Negative Sentiment: Insider selling: director/officer Hunter Middleton sold 85,044 shares on Feb 4 (filed with the SEC) — a sizable sale that may concern some investors despite the insider retaining a large stake. Read More.
- Negative Sentiment: Some financials show strain: gross profit declined year‑over‑year and operating cash flow and cash balances were lower vs. prior year — investors will watch margin trends and cash conversion as the company invests in growth. Read More.
- Negative Sentiment: Consensus remains mixed: the stock has more sell ratings than buys and the average price target is still below some recent intraday levels, so further upside depends on sustained execution. Read More.
Institutional Trading of 8X8
A number of large investors have recently bought and sold shares of the business. Bank of America Corp DE raised its holdings in shares of 8X8 by 31.9% in the 3rd quarter. Bank of America Corp DE now owns 6,234,230 shares of the company’s stock valued at $13,217,000 after purchasing an additional 1,506,586 shares during the period. JPMorgan Chase & Co. grew its position in shares of 8X8 by 33.3% in the second quarter. JPMorgan Chase & Co. now owns 2,516,232 shares of the company’s stock valued at $4,932,000 after purchasing an additional 628,024 shares during the last quarter. Boston Partners grew its holdings in 8X8 by 7.9% in the 3rd quarter. Boston Partners now owns 8,582,614 shares of the company’s stock valued at $18,192,000 after buying an additional 625,479 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of 8X8 by 36.0% in the second quarter. AQR Capital Management LLC now owns 2,111,511 shares of the company’s stock valued at $4,139,000 after acquiring an additional 558,562 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of 8X8 by 2.3% in the third quarter. Vanguard Group Inc. now owns 13,892,966 shares of the company’s stock valued at $29,453,000 after buying an additional 317,196 shares during the period. 93.99% of the stock is owned by institutional investors.
8X8 Company Profile
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.
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