8X8 (NASDAQ:EGHT) Updates Q1 2027 Earnings Guidance

8X8 (NASDAQ:EGHT) issued an update on its first quarter 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.080-0.090 for the period, compared to the consensus earnings per share estimate of 0.070. The company issued revenue guidance of $180.0 million-$185.0 million, compared to the consensus revenue estimate of $182.3 million. 8X8 also updated its FY 2027 guidance to 0.330-0.380 EPS.

8X8 Trading Down 6.2%

NASDAQ EGHT opened at $2.26 on Thursday. The business has a 50 day simple moving average of $2.01 and a 200 day simple moving average of $2.03. 8X8 has a one year low of $1.56 and a one year high of $2.88. The stock has a market capitalization of $314.86 million, a P/E ratio of 113.06, a P/E/G ratio of 1.83 and a beta of 1.83. The company has a debt-to-equity ratio of 2.06, a current ratio of 1.13 and a quick ratio of 1.13.

Wall Street Analyst Weigh In

EGHT has been the subject of several recent analyst reports. Rosenblatt Securities raised their target price on 8X8 from $2.75 to $3.00 and gave the stock a “buy” rating in a research note on Wednesday. Weiss Ratings raised 8X8 from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, May 1st. Finally, Zacks Research cut 8X8 from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $2.45.

8X8 News Summary

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 Investors Weigh In On 8X8

A number of hedge funds have recently added to or reduced their stakes in EGHT. Dynamic Technology Lab Private Ltd grew its stake in 8X8 by 505.2% in the first quarter. Dynamic Technology Lab Private Ltd now owns 79,147 shares of the company’s stock valued at $158,000 after acquiring an additional 66,070 shares during the period. Geode Capital Management LLC boosted its position in shares of 8X8 by 2.7% during the second quarter. Geode Capital Management LLC now owns 3,228,294 shares of the company’s stock valued at $6,329,000 after buying an additional 84,176 shares during the last quarter. Cetera Investment Advisers purchased a new position in shares of 8X8 during the second quarter valued at approximately $55,000. JPMorgan Chase & Co. boosted its position in shares of 8X8 by 33.3% during the second quarter. JPMorgan Chase & Co. now owns 2,516,232 shares of the company’s stock valued at $4,932,000 after buying an additional 628,024 shares during the last quarter. Finally, Rhumbline Advisers boosted its position in shares of 8X8 by 10.8% during the second quarter. Rhumbline Advisers now owns 203,407 shares of the company’s stock valued at $399,000 after buying an additional 19,813 shares during the last quarter. Institutional investors and hedge funds own 93.99% of the company’s stock.

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.