8x8 Inc (EGHT)

• Market cap: $267M
• 1 day: 1.50%
• 5 days: -8.97%
• 1 month: -12.50%
• 3 months: -23.68%
• 6 months: 5.18%
• Year to date: -23.68%
• 1 year: -24.25%
• 5 years: -84.23%
• 10 years: -76.75%
• Sector: Information Technology
• Industry: Computer Processing & Data Preparation

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

67% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 36

53% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 19

31% more capital invested

Capital invested by funds: $224M [Q3] → $293M (+$68.9M) [Q4]

7% more funds holding

Funds holding: 141 [Q3] → 151 (+10) [Q4]

1.51% less ownership

Funds ownership: 85.43% [Q3] → 83.92% (-1.51%) [Q4]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $3 48% upside
• Avg. target: $3.27 61% upside
• High target: $3.50 72% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Barclays Ryan Macwilliams 30% 1-year accuracy 7 / 23 met price target	48% upside $3	Equal-Weight Maintained	5 Feb 2025
Needham Ryan Koontz 37% 1-year accuracy 40 / 109 met price target	72% upside $3.50	Buy Maintained	5 Feb 2025
Rosenblatt Catharine Trebnick 46% 1-year accuracy 31 / 68 met price target	63% upside $3.30	Buy Maintained	3 Feb 2025