Company’s 36-month beta value is 1.79.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 3 as “sell.”
The public float for EGHT is 128.75M, and currently, short sellers hold a 3.04% ratio of that floaft. The average trading volume of EGHT on June 17, 2025 was 1.37M shares.
EGHT) stock’s latest price update
8X8 Inc (NASDAQ: EGHT)’s stock price has increased by 8.05 compared to its previous closing price of 1.74. However, the company has seen a 1.08% increase in its stock price over the last five trading sessions. https://www.defenseworld.net reported 2025-06-11 that Squarepoint Ops LLC lowered its position in shares of 8×8, Inc. (NASDAQ:EGHT – Free Report) by 80.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,454 shares of the company’s stock after selling 99,056 shares during the period. Squarepoint Ops LLC’s holdings in 8X8 were worth $63,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other hedge funds and other institutional investors have also made changes to their positions in the company. Two Sigma Advisers LP boosted its position in shares of 8X8 by 39.2% during the 4th quarter. Two Sigma Advisers LP now owns 1,218,758 shares of the company’s stock worth $3,254,000 after purchasing an additional 343,400 shares during the period. Two Sigma Investments LP boosted its position in shares of 8X8 by 49.2% during the 4th quarter. Two Sigma Investments LP now owns 1,014,048 shares of the company’s stock worth $2,708,000 after purchasing an additional 334,348 shares during the period. State of Wyoming boosted its position in shares of 8X8 by 64.6% during the 4th quarter. State of Wyoming now owns 250,725 shares of the company’s stock worth $669,000 after purchasing an additional 98,425 shares during the period. ProShare Advisors LLC boosted its position in shares of 8X8 by 49.0% during the 4th quarter. ProShare Advisors LLC now owns 36,000 shares of the company’s stock worth $96,000 after purchasing an additional 11,846 shares during the period. Finally, Man Group plc purchased a new position in shares of 8X8 during the 4th quarter worth approximately $113,000. Institutional investors and hedge funds own 93.99% of the company’s stock. Analysts Set New Price Targets EGHT has been the subject of several recent research reports. Rosenblatt Securities reissued a “buy” rating and issued a $2.70 price target on shares of 8X8 in a research report on Tuesday, May 20th. Wells Fargo & Company decreased their price target on shares of 8X8 from $2.00 to $1.50 and set an “underweight” rating for the company in a research report on Tuesday, April 22nd. Morgan Stanley decreased their price target on shares of 8X8 from $2.60 to $1.90 and set an “underweight” rating for the company in a research report on Wednesday, April 16th. Wall Street Zen cut shares of 8X8 from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 29th. Finally, B. Riley reissued a “buy” rating and issued a $3.00 price target (down previously from $4.00) on shares of 8X8 in a research report on Wednesday, May 14th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $2.51. Get Our Latest Analysis on 8X8 Insider Transactions at 8X8 In related news, major shareholder Sylebra Capital Llc sold 101,678 shares of 8X8 stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $2.23, for a total value of $226,741.94. Following the sale, the insider now directly owns 14,085,649 shares in the company, valued at $31,410,997.27. This trade represents a 0.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders have sold 254,678 shares of company stock worth $562,412. 1.22% of the stock is currently owned by insiders. 8X8 Trading Down 0.5% NASDAQ EGHT opened at $1.86 on Wednesday. 8×8, Inc. has a 12 month low of $1.51 and a 12 month high of $3.52. The company has a debt-to-equity ratio of 3.08, a current ratio of 1.25 and a quick ratio of 1.24. The company has a market capitalization of $250.13 million, a price-to-earnings ratio of -5.17, a price-to-earnings-growth ratio of 6.08 and a beta of 1.79. The company’s fifty day moving average price is $1.73 and its two-hundred day moving average price is $2.34. 8X8 Profile (Free Report) 8×8, Inc engages in the provision of enterprise communication solutions. It offers solutions to the business services, education, financial services, government, healthcare, and manufacturing industries. The company was founded in February 1987 and is headquartered in Campbell, CA.
EGHT’s Market Performance
8X8 Inc (EGHT) has seen a 1.08% rise in stock performance for the week, with a 3.87% gain in the past month and a -15.32% plunge in the past quarter. The volatility ratio for the week is 1.99%, and the volatility levels for the past 30 days are at 3.75% for EGHT. The simple moving average for the last 20 days is 8.76% for EGHT stock, with a simple moving average of -17.37% for the last 200 days.
Analysts’ Opinion of EGHT
Many brokerage firms have already submitted their reports for EGHT stocks, with Mizuho repeating the rating for EGHT by listing it as a “Underperform.” The predicted price for EGHT in the upcoming period, according to Mizuho is $2.50 based on the research report published on December 13, 2024 of the previous year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see EGHT reach a price target of $2, previously predicting the price at $3. The rating they have provided for EGHT stocks is “Underweight” according to the report published on June 14th, 2024.
Craig Hallum gave a rating of “Buy” to EGHT, setting the target price at $4.50 in the report published on November 02nd of the previous year.
EGHT Trading at 7.81% from the 50-Day Moving Average
After a stumble in the market that brought EGHT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.59% of loss for the given period.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EGHT starting from SYLEBRA CAPITAL LLC, who sale 200,000 shares at the price of $1.84 back on Jun 11 ’25. After this action, SYLEBRA CAPITAL LLC now owns 13,885,649 shares of 8X8 Inc, valued at $368,000 using the latest closing price.
SYLEBRA CAPITAL LLC, the 10% Owner of 8X8 Inc, sale 103,826 shares at $1.79 during a trade that took place back on Jun 12 ’25, which means that SYLEBRA CAPITAL LLC is holding 13,781,823 shares at $185,849 based on the most recent closing price.
Stock Fundamentals for EGHT
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.68 for the gross margin
The net margin for 8X8 Inc stands at -0.06. The total capital return value is set at 0.0. Equity return is now at value -24.28, with -3.78 for asset returns.
Based on 8X8 Inc (EGHT), the company’s capital structure generated 0.79 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 3.77. The interest coverage ratio of the stock is 0.02.
Currently, EBITDA for the company is 23.06 million with net debt to EBITDA at 9.21. When we switch over and look at the enterprise to sales, we see a ratio of 0.8. The receivables turnover for the company is 13.71for trailing twelve months and the total asset turnover is 1.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.02.
Conclusion
In a nutshell, 8X8 Inc (EGHT) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
