Stock events for 8x8, Inc. (EGHT)
Over the past six months, 8x8, Inc.'s stock performance has seen a +10.80% change. The company has engaged in strategic partnerships with Ulap Network and Modica Group, and extended its partnership with Southampton Football Club. 8x8 launched an SMS fraud protection tool, expanded SMS capabilities for Australian businesses, introduced AI-powered innovations, and launched 8x8 XCaaS. In June 2025, 8x8 repurchased one million shares of its common stock for approximately $1.85 million. In October 2025, 8x8 reported revenues of $181.4 million, exceeding analysts' expectations, though its revenue guidance for the next quarter slightly missed estimates.
Demand Seasonality affecting 8x8, Inc.’s stock price
Demand for 8x8, Inc.'s products and services exhibits seasonality, especially in the retail sector. The company's offerings are crucial for businesses to manage surges in customer interactions during "retail peak season," such as holiday rushes, suggesting a heightened demand for their integrated communication and customer experience platforms during these predictable seasonal peaks.
Overview of 8x8, Inc.’s business
8x8, Inc. is an American provider of cloud-based communication and collaboration solutions, operating in the Telecommunication Services sector and the Cloud-based Business Communications Services industry. The company offers a unified platform that integrates various communication tools, serving businesses across diverse industries. Its product portfolio includes business phones, team chat, contact center services, video meeting solutions, and communications APIs. 8x8 manages Jitsi, an open-source tool, and provides Communication Platforms as a Service (CPaaS), operating on a subscription-based business model.
EGHT’s Geographic footprint
8x8, Inc. has a significant international presence, with business operations in numerous countries including Romania, Australia, New Zealand, Singapore, Indonesia, Hong Kong, the Philippines, Thailand, Japan, Canada, the UK, and the US. The majority of the company's revenue is derived from the United States.
EGHT Corporate Image Assessment
In the past year, 8x8, Inc. has garnered significant industry recognition, including the "Best Communications Provider – Enterprise" award from the Comms Council UK. For the fourteenth consecutive year, 8x8 was recognized in the Gartner® Magic Quadrant™ for Unified Communications as a Service (UCaaS). The company also received awards across five categories in the 22nd Annual International Business Awards®, and was named a Top UK Public Sector Tech Supplier in the Tech Titans Report and recognized as the Best CPaaS Platform by the CX Today Awards 2025.
Ownership
The ownership structure of 8x8, Inc. is predominantly held by institutional investors, owning approximately 76.83% of the company's stock, while insiders hold about 33.12%, and retail investors hold 0.00%. Major institutional owners include Sylebra Capital LLC, Vanguard Group Inc., and BlackRock, Inc. Sylebra Capital Ltd is the largest individual 8x8 shareholder, holding 14.39 million shares, representing 10.55% of the company. CEO Samuel C. Wilson owns approximately 1.0% of the shares.
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$1.86