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

8X8 (NASDAQ:EGHT) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.330-0.380 for the period, compared to the consensus earnings per share 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

NASDAQ:EGHT opened at $2.41 on Wednesday. The firm has a market capitalization of $335.76 million, a PE ratio of -120.44, a P/E/G ratio of 1.82 and a beta of 1.83. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.13 and a current ratio of 1.13. The stock has a 50-day simple moving average of $2.01 and a two-hundred day simple moving average of $2.03. 8X8 has a 52-week low of $1.56 and a 52-week high of $2.88.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on EGHT shares. Weiss Ratings raised 8X8 from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, May 1st. Zacks Research lowered 8X8 from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Finally, Rosenblatt Securities dropped their price objective on 8X8 from $3.50 to $2.75 and set a “buy” rating for the company in a research note on Thursday, February 5th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $2.33.

More 8X8 News

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

• Positive Sentiment: 8×8 posted better-than-expected quarterly results, with adjusted EPS of $0.11 and revenue of $185.25 million, both topping analyst estimates. 8×8, Inc. Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: The company issued first-quarter fiscal 2027 guidance above expectations, calling for EPS of $0.08 to $0.09 and revenue of $180 million to $185 million. 8×8, Inc. Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Full-year fiscal 2027 guidance also came in ahead of consensus, with EPS forecast at $0.33 to $0.38 and revenue at $727 million to $747 million. 8×8, Inc. Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Management highlighted strong demand for AI-powered customer experience and communications API solutions, suggesting improving business momentum and product traction. 8×8 Reports Strong Q4 FY26 Demand for AI-Powered CX and Communication API Solutions
• Neutral Sentiment: Earnings call coverage and transcript links point to additional detail on the quarter, but no new material catalyst beyond the results and guidance was provided. 8×8 (EGHT) Q4 2026 Earnings Transcript
• Negative Sentiment: Despite the earnings beat, 8×8 still reported a negative net margin, indicating profitability remains a work in progress. MarketBeat EGHT page

Hedge Funds Weigh In On 8X8

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EGHT. Dynamic Technology Lab Private Ltd boosted its stake in 8X8 by 505.2% during the first quarter. Dynamic Technology Lab Private Ltd now owns 79,147 shares of the company’s stock valued at $158,000 after buying an additional 66,070 shares during the last quarter. Geode Capital Management LLC boosted its stake in 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 bought a new position in 8X8 during the second quarter valued at approximately $55,000. JPMorgan Chase & Co. boosted its stake in 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 stake in 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. 93.99% of the stock is owned by institutional investors.

About 8X8

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.