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1 Comment
8x8, Inc is currently in a long term downtrend where the price is trading 4.0% below its 200 day moving average.
From a valuation standpoint, the stock is 51.7% cheaper than other stocks from the Technology sector with a price to sales ratio of 6.6.
8x8, Inc's total revenue rose by 15.3% to $137M since the same quarter in the previous year.
Its net income has increased by 14.5% to $-40M since the same quarter in the previous year.
Finally, its free cash flow grew by 93.9% to $-3M since the same quarter in the previous year.
Based on the above factors, 8x8, Inc gets an overall score of 4/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | US2829141009 |
Sector | Technology |
Industry | Software - Application |
Market Cap | 183M |
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PE Ratio | None |
Target Price | 35.14 |
Beta | 1.82 |
Dividend Yield | None |
8x8, Inc. provides voice, video, chat, contact center, and enterprise-class application programmable interface (API) Software-as-a-Service solutions for small business, mid-market, enterprise customers, government agencies, and other organizations worldwide. It offers 8x8 Work, a self-contained end-to-end united communications solution that delivers voice services, secure video meetings, and unified messaging, including direct messages, public and private team messaging rooms, and peer-to-peer short and multimedia messaging; 8x8 Contact Center, a cloud-based contact center as-a-service solution; and 8x8 Engage, an artificial intelligence-powered solution that equips customer-facing employees outside the contact center with the tools and capabilities to deliver successful customer engagements. The company also provides 8x8 Communications Platform as-a-Service, a communications platform-as-a-service capabilities that enable businesses to directly integrate its platform services within their websites, mobile apps, and business systems for personalized customer engagement; and Solutions for Microsoft Teams. In addition, it offers and X1 through X4 and X5 through X8, which provide enterprise-grade voice, unified communications, and video meetings and team collaboration, and contact center solutions. The company markets its services to end users through industry conferences, trade shows, webinars, and local and digital advertising channels. 8x8, Inc. was incorporated in 1987 and is headquartered in Campbell, California.
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