8x8, Inc.
General ticker "EGHT" information:
- Sector: Information Technology
- Industry: Software - Application
- Capitalization: $283.8M (TTM average)
8x8, Inc. follows the US Stock Market performance with the rate: 22.1%.
Estimated limits based on current volatility of 2.6%: low 1.73$, high 1.82$
Factors to consider:
- Total employees count: 1948 (+1.4%) as of 2024
- US accounted for 69.6% of revenue in the fiscal year ended 2024-03-31
- Top business risk factors: History of losses, Service outages, Market competition, Scaling challenges, Customer churn
- Current price 12.0% below estimated low
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-03-31 to 2027-03-31
- 2025-03-31 to 2026-03-31 estimated range: [1.89$, 3.67$]
- 2026-03-31 to 2027-03-31 estimated range: [2.14$, 4.09$]
Financial Metrics affecting the EGHT estimates:
- Positive: with PPE of 6.0 at the end of fiscal year the price was very low
- Positive: Operating cash flow per share per price, % of 22.72 > 12.91
- Positive: -5.02 < Operating profit margin, % of 2.12
- Negative: negative Net income
- Positive: -14.19 < Investing cash flow per share per price, % of -5.87
- Positive: Inventory ratio change, % of -0.52 <= 0
- Negative: Shareholder equity ratio, % of 17.89 <= 19.35
Short-term EGHT quotes
Long-term EGHT plot with estimates
Financial data
| YTD | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating Revenue | $743.94MM | $728.71MM | $715.07MM |
| Operating Expenses | $810.23MM | $756.31MM | $699.88MM |
| Operating Income | $-66.29MM | $-27.60MM | $15.19MM |
| Non-Operating Income | $-4.04MM | $-36.35MM | $-39.26MM |
| Interest Expense | $0.00MM | $0.00MM | $28.86MM |
| R&D Expense | $142.49MM | $136.22MM | $123.21MM |
| Income(Loss) | $-70.34MM | $-63.95MM | $-24.06MM |
| Taxes | $2.81MM | $3.64MM | $3.15MM |
| Profit(Loss)* | $-67.59MM | $-67.59MM | $-27.21MM |
| Stockholders Equity | $99.91MM | $101.96MM | $122.20MM |
| Assets | $841.81MM | $755.98MM | $683.18MM |
| Operating Cash Flow | $48.79MM | $78.98MM | $63.55MM |
| Capital expenditure | $14.89MM | $16.94MM | $13.47MM |
| Investing Cash Flow | $6.05MM | $8.55MM | $-16.42MM |
| Financing Cash Flow | $-37.78MM | $-83.41MM | $-75.11MM |
| Earnings Per Share** | $-0.56 | $-0.56 | $-0.21 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.