Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
EGHT logo EGHT
Upturn stock ratingUpturn stock rating
EGHT logo

8x8 Inc Common Stock (EGHT)

Upturn stock ratingUpturn stock rating
$2.04
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: EGHT (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit -49.78%
Avg. Invested days 31
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 272.61M USD
Price to earnings Ratio -
1Y Target Price 3.21
Price to earnings Ratio -
1Y Target Price 3.21
Volume (30-day avg) 900157
Beta 1.78
52 Weeks Range 1.51 - 3.52
Updated Date 04/2/2025
52 Weeks Range 1.51 - 3.52
Updated Date 04/2/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.36

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -6.33%
Operating Margin (TTM) -24.52%

Management Effectiveness

Return on Assets (TTM) 0.05%
Return on Equity (TTM) -40.78%

Valuation

Trailing PE -
Forward PE 14.24
Enterprise Value 590248088
Price to Sales(TTM) 0.38
Enterprise Value 590248088
Price to Sales(TTM) 0.38
Enterprise Value to Revenue 0.82
Enterprise Value to EBITDA 16.9
Shares Outstanding 131694000
Shares Floating 97714954
Shares Outstanding 131694000
Shares Floating 97714954
Percent Insiders 2.27
Percent Institutions 83.53

Analyst Ratings

Rating 3.1
Target Price 3.13
Buy 1
Strong Buy 3
Buy 1
Strong Buy 3
Hold 3
Sell -
Strong Sell 3
Strong Sell 3

ai summary icon Upturn AI SWOT

8x8 Inc Common Stock

stock logo

Company Overview

overview logo History and Background

8x8, Inc. was founded in 1987 as Integrated Information Technology. It initially focused on semiconductor design but transitioned to Voice over Internet Protocol (VoIP) technology. It's evolved into a unified communications platform provider.

business area logo Core Business Areas

  • Unified Communications as a Service (UCaaS): Provides cloud-based communication and collaboration solutions, including voice, video, chat, and contact center applications, accessible through a single platform.
  • Contact Center as a Service (CCaaS): Offers a cloud-based contact center solution with features such as intelligent routing, analytics, and workforce management to improve customer experience.

leadership logo Leadership and Structure

Samuel Wilson is the CEO. The organizational structure includes departments for engineering, sales, marketing, finance, and customer success, reporting to the CEO and executive team.

Top Products and Market Share

overview logo Key Offerings

  • 8x8 Work: A UCaaS platform offering voice, video, chat, and meetings. Competitors include Zoom, RingCentral, and Microsoft Teams. Revenue is not broken down per product but part of overall UCaaS revenue. Market Share data is in 'Market Dynamics' section
  • 8x8 Contact Center: A CCaaS platform providing omnichannel customer engagement. Competitors include Genesys, NICE, and Five9. Revenue is not broken down per product but part of overall CCaaS revenue. Market Share data is in 'Market Dynamics' section

Market Dynamics

industry overview logo Industry Overview

The UCaaS and CCaaS markets are experiencing strong growth driven by remote work, digital transformation, and the need for integrated communication solutions. The market is becoming more competitive with the entry of large tech companies.

Positioning

8x8 is positioned as a unified communications platform provider focusing on enterprise and mid-market customers. Its competitive advantages include its integrated UCaaS and CCaaS offerings and its global reach.

Total Addressable Market (TAM)

The UCaaS and CCaaS TAM is estimated to be over $100 billion. 8x8 is positioned to capture a share of this market through its integrated platform and global presence.

Upturn SWOT Analysis

Strengths

  • Integrated UCaaS and CCaaS platform
  • Global reach and infrastructure
  • Strong focus on enterprise and mid-market customers
  • Proprietary technology

Weaknesses

  • Smaller market share compared to larger competitors
  • Inconsistent profitability
  • Dependence on partnerships for certain integrations
  • Challenging to keep up with aggressive marketing of larger peers.

Opportunities

  • Growing demand for UCaaS and CCaaS solutions
  • Expansion into new geographic markets
  • Partnerships with other technology providers
  • Innovation in AI-powered communication solutions

Threats

  • Intense competition from larger players
  • Rapid technological changes
  • Economic downturn impacting IT spending
  • Security and privacy concerns

Competitors and Market Share

competitor logo Key Competitors

  • ZM
  • RNG
  • MSFT
  • AVYA
  • MITK

Competitive Landscape

8x8 faces intense competition from larger players like Microsoft and RingCentral. Its competitive advantage lies in its integrated UCaaS and CCaaS platform and its global reach, but it needs to improve profitability to compete effectively.

Major Acquisitions

Fuze

  • Year: 2021
  • Acquisition Price (USD millions): 250
  • Strategic Rationale: Expanded 8x8's market share and customer base in the enterprise segment.

Growth Trajectory and Initiatives

Historical Growth: 8x8 has experienced revenue growth over the past years, driven by the adoption of its UCaaS and CCaaS solutions.

Future Projections: Analysts project continued revenue growth for 8x8, driven by the increasing demand for cloud-based communications. However, profitability remains a key challenge.

Recent Initiatives: Recent initiatives include expanding partnerships, launching new product features, and focusing on customer success.

Summary

8x8 is a player in the growing UCaaS and CCaaS markets, offering an integrated platform. While it shows revenue growth and strategic acquisitions, it faces strong competition from larger companies. Its profitability is a concern and needs to be addressed. Overall, the company faces numerous threats that it must address.

Similar Companies

CSCOratingrating

Cisco Systems Inc

$61.03
Large-Cap Stock
22.72%
Consider higher Upturn Star rating
BUY since 104 days

CSCOratingrating

Cisco Systems Inc

$61.03
Large-Cap Stock
BUY since 104 days
22.72%
Consider higher Upturn Star rating

MITKratingrating

Mitek Systems Inc

$8.34
Small-Cap Stock
0%
PASS

MITKratingrating

Mitek Systems Inc

$8.34
Small-Cap Stock
0%
PASS

MSFTratingrating

Microsoft Corporation

$390.58
Large-Cap Stock
0%
PASS

MSFTratingrating

Microsoft Corporation

$390.58
Large-Cap Stock
0%
PASS

RNGratingrating

Ringcentral Inc

$25.36
Mid-Cap Stock
0%
PASS

RNGratingrating

Ringcentral Inc

$25.36
Mid-Cap Stock
0%
PASS

ZMratingrating

Zoom Video Communications Inc

$74.02
Large-Cap Stock
0%
PASS

ZMratingrating

Zoom Video Communications Inc

$74.02
Large-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company filings, Market research reports, Analyst estimates

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Market conditions and company performance are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About 8x8 Inc Common Stock

Exchange NASDAQ
Headquaters Campbell, CA, United States
IPO Launch date 1997-07-02
CEO & Director Mr. Samuel C. Wilson
Sector Technology
Industry Software - Application
Full time employees 1948
Full time employees 1948

8x8, Inc. provides voice, video, chat, contact center, and enterprise-class application programmable interface (API) Software-as-a-Service solutions for small business, mid-market, enterprise customers, government agencies, and other organizations worldwide. It offers 8x8 Work, a self-contained end-to-end united communications solution that delivers voice services, secure video meetings, and unified messaging, including direct messages, public and private team messaging rooms, and peer-to-peer short and multimedia messaging; 8x8 Contact Center, a cloud-based contact center as-a-service solution; and 8x8 Engage, an artificial intelligence-powered solution that equips customer-facing employees outside the contact center with the tools and capabilities to deliver successful customer engagements. The company also provides 8x8 Communications Platform as-a-Service, a communications platform-as-a-service capabilities that enable businesses to directly integrate its platform services within their websites, mobile apps, and business systems for personalized customer engagement; and Solutions for Microsoft Teams. In addition, it offers and X1 through X4 and X5 through X8, which provide enterprise-grade voice, unified communications, and video meetings and team collaboration, and contact center solutions. The company markets its services to end users through industry conferences, trade shows, webinars, and local and digital advertising channels. 8x8, Inc. was incorporated in 1987 and is headquartered in Campbell, California.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​