B. Riley Issues Negative Estimate for 8X8 Earnings

8×8, Inc. (NASDAQ:EGHT) – Equities researchers at B. Riley decreased their Q3 2025 earnings estimates for 8X8 in a research report issued to clients and investors on Thursday, October 24th. B. Riley analyst J. Nichols now expects that the company will post earnings per share of ($0.02) for the quarter, down from their previous estimate of ($0.01). B. Riley currently has a “Buy” rating and a $4.00 target price on the stock. The consensus estimate for 8X8’s current full-year earnings is ($0.08) per share. B. Riley also issued estimates for 8X8’s Q4 2025 earnings at ($0.02) EPS, FY2025 earnings at ($0.10) EPS and FY2026 earnings at ($0.03) EPS.

A number of other research analysts also recently issued reports on EGHT. Needham & Company LLC reduced their price target on shares of 8X8 from $3.50 to $3.00 and set a “buy” rating on the stock in a research report on Friday, August 9th. Barclays dropped their price objective on shares of 8X8 from $3.00 to $2.00 and set an “equal weight” rating on the stock in a research note on Friday, August 9th. Rosenblatt Securities restated a “buy” rating and issued a $4.00 target price on shares of 8X8 in a research note on Thursday, August 22nd. StockNews.com cut 8X8 from a “buy” rating to a “hold” rating in a research report on Friday. Finally, Wedbush raised 8X8 to a “hold” rating in a report on Thursday, October 17th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $3.00.

8X8 Stock Performance

Shares of EGHT opened at $1.99 on Monday. The stock has a market capitalization of $255.38 million, a PE ratio of -3.98 and a beta of 1.56. The business’s fifty day moving average price is $1.92 and its 200 day moving average price is $2.26. The company has a debt-to-equity ratio of 3.93, a current ratio of 1.50 and a quick ratio of 1.50. 8X8 has a 12-month low of $1.51 and a 12-month high of $3.92.

8X8 (NASDAQ:EGHT) last released its earnings results on Wednesday, August 7th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). 8X8 had a negative return on equity of 6.51% and a negative net margin of 8.65%. The firm had revenue of $172.80 million for the quarter, compared to the consensus estimate of $178.90 million. During the same period in the prior year, the business earned ($0.04) EPS. The company’s quarterly revenue was down 5.7% on a year-over-year basis.

Institutional Investors Weigh In On 8X8

Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in 8X8 by 5.2% in the 1st quarter. Vanguard Group Inc. now owns 11,448,865 shares of the company’s stock valued at $30,912,000 after acquiring an additional 561,436 shares during the period. Boston Partners grew its stake in shares of 8X8 by 473.2% in the first quarter. Boston Partners now owns 3,722,710 shares of the company’s stock worth $10,029,000 after purchasing an additional 3,073,230 shares in the last quarter. Invenomic Capital Management LP grew its stake in shares of 8X8 by 27.5% in the first quarter. Invenomic Capital Management LP now owns 2,649,022 shares of the company’s stock worth $7,152,000 after purchasing an additional 571,245 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of 8X8 by 188.7% during the first quarter. Acadian Asset Management LLC now owns 1,957,145 shares of the company’s stock valued at $5,283,000 after purchasing an additional 1,279,145 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of 8X8 by 10.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,484,108 shares of the company’s stock valued at $3,294,000 after purchasing an additional 145,606 shares in the last quarter. Institutional investors own 93.99% of the company’s stock.

8X8 Company Profile

8×8, 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 8×8 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; 8×8 Contact Center, a cloud-based contact center as-a-service solution; and 8×8 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.