8X8 (NASDAQ:EGHT) Issues FY 2026 Earnings Guidance

8X8 (NASDAQ:EGHT) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.360-0.370 for the period, compared to the consensus EPS estimate of 0.250. The company issued revenue guidance of $729.0 million-$734.0 million, compared to the consensus revenue estimate of $720.1 million. 8X8 also updated its Q4 2026 guidance to 0.070-0.080 EPS.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on EGHT. Weiss Ratings reissued a “sell (e+)” rating on shares of 8X8 in a research note on Monday, December 29th. Rosenblatt Securities lowered their target price on shares of 8X8 from $3.50 to $2.75 and set a “buy” rating on the stock in a research note on Thursday. Two research analysts have rated the stock with a Buy rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $2.23.

8X8 Trading Up 6.8%

8X8 stock traded up $0.17 during midday trading on Thursday, reaching $2.61. The stock had a trading volume of 4,332,198 shares, compared to its average volume of 2,159,295. The company has a fifty day moving average of $1.92 and a 200 day moving average of $1.95. 8X8 has a 52-week low of $1.52 and a 52-week high of $3.52. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 2.30. The firm has a market cap of $361.16 million, a price-to-earnings ratio of -130.68, a price-to-earnings-growth ratio of 1.67 and a beta of 1.80.

Insiders Place Their Bets

In other 8X8 news, insider Hunter Middleton sold 85,044 shares of 8X8 stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $2.50, for a total value of $212,610.00. Following the transaction, the insider owned 652,943 shares in the company, valued at $1,632,357.50. The trade was a 11.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.01% of the stock is currently owned by corporate insiders.

8X8 News Summary

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

• Positive Sentiment: Company raised FY2026 and Q4 guidance (higher revenue and EPS ranges vs. consensus), providing the primary bullish catalyst for the move — FY EPS guidance 0.360–0.370 vs. consensus ~0.25 and FY revenue guidance ~$729–734M vs. consensus ~720.1M. Read More.
• Positive Sentiment: Q3 FY2026 results beat expectations: revenue ~ $185.1M and EPS topped estimates, with operating profit and net‑income improvements noted — a fundamental beat that triggered the intraday rally. Read More.
• Positive Sentiment: Management highlighted strong momentum in usage‑based offerings (~60% growth) and accelerated AI/API adoption across the platform — points that support higher recurring usage and potential ARPU expansion. Read More.
• Neutral Sentiment: Coverage and earnings‑call transcripts are amplifying the move and helping volume — investors are parsing commentary for sustainability. Read More.
• Neutral Sentiment: Rosenblatt adjusted its price target down from $3.50 to $2.75 but kept a “Buy” rating, signaling cautious optimism from at least one sell‑side shop. Read More.
• Negative Sentiment: Insider selling: director/officer Hunter Middleton sold 85,044 shares on Feb 4 (filed with the SEC) — a sizable sale that may concern some investors despite the insider retaining a large stake. Read More.
• Negative Sentiment: Some financials show strain: gross profit declined year‑over‑year and operating cash flow and cash balances were lower vs. prior year — investors will watch margin trends and cash conversion as the company invests in growth. Read More.
• Negative Sentiment: Consensus remains mixed: the stock has more sell ratings than buys and the average price target is still below some recent intraday levels, so further upside depends on sustained execution. Read More.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Dynamic Technology Lab Private Ltd increased its stake in 8X8 by 505.2% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 79,147 shares of the company’s stock worth $158,000 after buying an additional 66,070 shares during the period. Geode Capital Management LLC grew its stake in 8X8 by 2.7% during the 2nd quarter. Geode Capital Management LLC now owns 3,228,294 shares of the company’s stock worth $6,329,000 after buying an additional 84,176 shares during the last quarter. Cetera Investment Advisers acquired a new position in shares of 8X8 in the 2nd quarter valued at $55,000. JPMorgan Chase & Co. raised its holdings in shares of 8X8 by 33.3% in 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 lifted its position in 8X8 by 10.8% during the 2nd quarter. Rhumbline Advisers now owns 203,407 shares of the company’s stock worth $399,000 after acquiring an additional 19,813 shares during the period. 93.99% of the stock is owned by hedge funds and other 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.