B. Riley Predicts 8X8’s Q4 Earnings (NASDAQ:EGHT)

8×8, Inc. (NASDAQ:EGHT) – B. Riley issued their Q4 2025 earnings per share estimates for shares of 8X8 in a report issued on Wednesday, February 5th. B. Riley analyst J. Nichols anticipates that the company will post earnings per share of $0.01 for the quarter. B. Riley has a “Buy” rating and a $4.00 price objective on the stock. The consensus estimate for 8X8’s current full-year earnings is $0.01 per share.

EGHT has been the topic of a number of other reports. Barclays increased their price objective on shares of 8X8 from $2.50 to $3.00 and gave the company an “equal weight” rating in a research note on Wednesday. Morgan Stanley lifted their price target on 8X8 from $2.00 to $2.60 and gave the company an “underweight” rating in a report on Wednesday, December 18th. Rosenblatt Securities reduced their price target on 8X8 from $3.50 to $3.30 and set a “buy” rating for the company in a research report on Monday, February 3rd. Mizuho downgraded 8X8 from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from $2.75 to $2.50 in a research report on Friday, December 13th. Finally, Wedbush upgraded shares of 8X8 to a “hold” rating in a report on Thursday, October 17th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat, 8X8 presently has a consensus rating of “Hold” and an average target price of $2.99.

8X8 Trading Down 3.2 %

NASDAQ EGHT opened at $2.75 on Friday. 8X8 has a one year low of $1.51 and a one year high of $3.41. The company has a debt-to-equity ratio of 3.26, a quick ratio of 1.18 and a current ratio of 1.18. The company has a market capitalization of $359.32 million, a price-to-earnings ratio of -5.00, a price-to-earnings-growth ratio of 24.05 and a beta of 1.66. The company’s 50-day simple moving average is $2.80 and its two-hundred day simple moving average is $2.45.

8X8 (NASDAQ:EGHT) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.01 by $0.03. 8X8 had a negative return on equity of 6.00% and a negative net margin of 9.68%.

Institutional Investors Weigh In On 8X8

Several institutional investors have recently added to or reduced their stakes in EGHT. B. Riley Financial Inc. purchased a new stake in 8X8 during the 3rd quarter worth approximately $1,997,000. Invenomic Capital Management LP grew its holdings in shares of 8X8 by 10.5% during the third quarter. Invenomic Capital Management LP now owns 5,528,497 shares of the company’s stock valued at $11,278,000 after buying an additional 524,580 shares during the last quarter. FMR LLC increased its position in shares of 8X8 by 24.5% in the 3rd quarter. FMR LLC now owns 1,600,112 shares of the company’s stock valued at $3,264,000 after acquiring an additional 314,441 shares during the period. Geode Capital Management LLC raised its stake in 8X8 by 8.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,982,393 shares of the company’s stock worth $6,085,000 after acquiring an additional 237,181 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in 8X8 during the 3rd quarter worth about $332,000. Institutional investors and hedge funds own 93.99% of the company’s stock.

About 8X8

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.