8X8 (NASDAQ:EGHT) Issues FY 2027 Earnings Guidance

8X8 (NASDAQ:EGHT) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.330-0.380 for the period, compared to the consensus EPS estimate of 0.320. The company issued revenue guidance of $727.0 million-$747.0 million, compared to the consensus revenue estimate of $737.7 million. 8X8 also updated its Q1 2027 guidance to 0.080-0.090 EPS.

8X8 Stock Performance

Shares of NASDAQ EGHT opened at $2.26 on Thursday. The company has a debt-to-equity ratio of 2.06, a current ratio of 1.13 and a quick ratio of 1.13. The stock’s fifty day moving average price is $2.01 and its two-hundred day moving average price is $2.03. 8X8 has a one year low of $1.56 and a one year high of $2.88. The firm has a market cap of $314.86 million, a price-to-earnings ratio of 113.06, a P/E/G ratio of 1.83 and a beta of 1.83.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on EGHT shares. Zacks Research downgraded 8X8 from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings upgraded 8X8 from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, May 1st. Finally, Rosenblatt Securities upped their target price on 8X8 from $2.75 to $3.00 and gave the company a “buy” rating in a research report on Wednesday. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $2.45.

Trending Headlines about 8X8

Here are the key news stories impacting 8X8 this week:

• Positive Sentiment: 8×8 beat earnings and revenue estimates for Q4, with adjusted EPS of $0.11 versus the expected $0.07 and revenue of $185.25 million, helping drive investor optimism. Why 8×8 Shares Are Trading Higher By Over 13%; Here Are 20 Stocks Moving Premarket
• Positive Sentiment: The company raised its outlook, guiding Q1 FY2027 EPS to $0.08-$0.09 and full-year EPS to $0.33-$0.38, both above consensus, which signals management sees continued operating improvement. 8×8 anticipates fiscal 2027 EPS of $0.33-$0.38 while usage-based revenue mix continues to rise
• Positive Sentiment: Rosenblatt Securities lifted its price target on 8×8 to $3.00 from $2.75 and reiterated a buy rating, suggesting analysts are becoming more constructive after the results. 8×8 Stock Climbs After Q4 Results Top Estimates
• Neutral Sentiment: Management highlighted strong demand for AI-powered customer experience and communications API products, reinforcing the company’s growth narrative but without a direct financial impact yet. 8×8 Reports Strong Q4 FY26 Demand for AI-Powered CX and Communication API Solutions
• Neutral Sentiment: The company also noted strategic debt reduction and improving revenue mix, which may support longer-term fundamentals, though investors are mainly reacting to the beat-and-raise quarter. 8×8 Inc (EGHT) Q4 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic Debt Reduction

Institutional Trading of 8X8

Several institutional investors and hedge funds have recently modified their holdings of EGHT. Bank of America Corp DE lifted its position in shares of 8X8 by 31.9% during the 3rd quarter. Bank of America Corp DE now owns 6,234,230 shares of the company’s stock worth $13,217,000 after buying an additional 1,506,586 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of 8X8 by 33.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,516,232 shares of the company’s stock worth $4,932,000 after buying an additional 628,024 shares during the last quarter. Boston Partners lifted its position in shares of 8X8 by 7.9% during the 3rd quarter. Boston Partners now owns 8,582,614 shares of the company’s stock worth $18,192,000 after buying an additional 625,479 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of 8X8 by 36.0% during the 2nd quarter. AQR Capital Management LLC now owns 2,111,511 shares of the company’s stock worth $4,139,000 after buying an additional 558,562 shares during the last quarter. Finally, Marshall Wace LLP lifted its position in shares of 8X8 by 314.6% during the 4th quarter. Marshall Wace LLP now owns 633,209 shares of the company’s stock worth $1,247,000 after buying an additional 480,477 shares during the last quarter. 93.99% of the stock is currently owned by institutional investors.

8X8 Company Profile

8×8, Inc (NASDAQ: EGHT) is a global provider of cloud-based enterprise communications, collaboration and contact centre solutions. The company’s unified communications as a service (UCaaS) platform integrates voice, video, chat, SMS and contact-centre capabilities into a single, software-driven solution. By combining real-time analytics, team messaging and interoperability with third-party business applications, 8×8 aims to simplify communications infrastructure for organisations of all sizes.

Founded in 1987 and headquartered in Campbell, California, 8×8 pioneered hosted VoIP services for businesses in the late 1990s and went public on the NASDAQ in 1997.