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

8X8 (NASDAQ:EGHT) updated its first quarter 2027 earnings guidance on Tuesday. 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.

Wall Street Analysts Forecast Growth

Several research firms have commented on EGHT. Weiss Ratings upgraded 8X8 from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 1st. Zacks Research downgraded 8X8 from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Rosenblatt Securities reduced their price objective on 8X8 from $3.50 to $2.75 and set a “buy” rating on the stock in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $2.33.

8X8 Stock Up 0.8%

Shares of NASDAQ EGHT opened at $2.41 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 2.06. The stock has a market capitalization of $335.76 million, a PE ratio of -120.44, a price-to-earnings-growth ratio of 1.82 and a beta of 1.83. The stock’s fifty day simple moving average is $2.01 and its two-hundred day simple moving average is $2.03. 8X8 has a 12-month low of $1.56 and a 12-month high of $2.88.

Key 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

Institutional Trading of 8X8

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Prelude Capital Management LLC bought a new stake in 8X8 during the 3rd quarter valued at $26,000. CIBC Bancorp USA Inc. bought a new stake in 8X8 during the 3rd quarter valued at $30,000. Schonfeld Strategic Advisors LLC bought a new stake in 8X8 during the 3rd quarter valued at $31,000. Abel Hall LLC bought a new stake in 8X8 during the 4th quarter valued at $33,000. Finally, Headlands Technologies LLC bought a new stake in 8X8 during the 4th quarter valued at $37,000. Institutional investors 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.