8x8 sees platform growth and AI advancements, but faces revenue declines due to FX headwinds and Fuze transition challenges.
8x8 (EGHT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Investors interested in stocks from the Internet - Software sector have probably already heard of 8x8 (EGHT) and BlackLine (BL). But which of these two stocks is more attractive to value investors?
8x8 (EGHT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
8x8 (EGHT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
8×8, Inc. EGHT reported mixed results for its third quarter on Tuesday.
8x8 (EGHT) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.12 per share a year ago.
EGHT's third-quarter fiscal 2025 results are likely to benefit from higher service revenues in CPaaS and CCaaS, despite strong competition and macroeconomic hurdles.
Investors with an interest in Internet - Software stocks have likely encountered both 8x8 (EGHT) and Smartsheet (SMAR). But which of these two stocks offers value investors a better bang for their buck right now?
VNCE, LTM and EGHT made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 20, 2024.