8X8 Inc [EGHT] stock is trading at $1.75, up 3.55%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The EGHT shares have gain 8.70% over the last week, with a monthly amount drifted -2.23%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
8X8 Inc [NASDAQ: EGHT] stock has seen the most recent analyst activity on December 13, 2024, when Mizuho downgraded its rating to a Underperform and also revised its price target to $2.50 from $2.75. Previously, Morgan Stanley downgraded its rating to Underweight on June 14, 2024, and dropped its price target to $2. On November 02, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $4.50 on the stock. Craig Hallum downgraded its rating to a Hold and decreased its price target to $4 on August 09, 2023. Rosenblatt initiated its recommendation with a Buy and recommended $6 as its price target on March 24, 2023. Wedbush started tracking with a Neutral rating for this stock on December 15, 2022, and assigned it a price target of $7. In a note dated August 08, 2022, BofA Securities upgraded an Buy rating on this stock.
8X8 Inc [EGHT] stock has fluctuated between $1.51 and $3.52 over the past year. Currently, Wall Street analysts expect the stock to reach $19.78 within the next 12 months. 8X8 Inc [NASDAQ: EGHT] shares were valued at $1.75 at the most recent close of the market. An investor can expect a potential return of 1030.29% based on the average EGHT price forecast.
Analyzing the EGHT fundamentals
8X8 Inc [NASDAQ:EGHT] reported sales of 715.07M for the trailing twelve months, which represents a drop of -1.32%. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.42 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.77.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
For context, 8X8 Inc’s Current Ratio is 1.02. Further, the Quick Ratio stands at 1.02, while the Cash Ratio is 0.59. Considering the valuation of this stock, the price to sales ratio is 0.33, the price to book ratio is 1.92.
Transactions by insiders
Recent insider trading involved Kraus Kevin, Chief Financial Officer, that happened on May 15 ’25 when 1000.0 shares were sold. Chief Financial Officer, Kraus Kevin completed a deal on Apr 15 ’25 to sell 1000.0 shares. Meanwhile, 10% Owner SYLEBRA CAPITAL LLC sold 0.1 million shares on Mar 24 ’25.
