Stock fact sheet · data as of
8x8, Inc. (EGHT): fair value, margin of safety and Wheel Score
Ticker symbol EGHT · Technology · Software - Application · United States · Blend
Is EGHT undervalued?
At 2.26 (close of 5 Nov 2026), EGHT trades within a few percent of the GLS average fair value of 2.12 (6.5% above fair value). 7 models produced a value and they split 2 above the price to 5 below. A stock priced at fair value earns about half of the Wheel Score's Value points; the rest of the score comes from health, moat, premium and stability.
The 7 models disagree widely: Lynch gives 0.2878 while 10 Cap gives 8.66. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for EGHT, so the nightly engine files it under Blend (value score 27, growth score 35, out of 100).
Nine valuation models for EGHT
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 1.11 | -51% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 0.9862 | -56% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 0.2878 | -87% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 0.3850 | -83% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 8.66 | +283% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 2.85 | +26% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 0.5661 | -75% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -2.12 | -194% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 19.77 | +775% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - EGHT passes 6 of the nine Piotroski tests, which passes the "Piotroski 6 or more" Wheel Trade Filter. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is low at 2.7 out of 10: returns on capital, margins or the balance sheet have not shown a lasting edge yet - often a young company, a thin-margin business or one that has only recently turned profitable.
Returns on capital are thin or negative - ROIC 0.3%, ROE 1.1%, ROA 0.2% - with debt at 2.53 times equity and a free-cash-flow yield of 18.1%. Debt of 2.53 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
8x8, Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Service Revenue 57%, Subscription Revenue 42%, Other Revenue 2% (quarter Q1 FY2027).
Institutional ownership scores 9/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 0.3% |
|---|---|---|---|
| GLS Moat | 2.7 / 10 | ROE | 1.1% |
| Debt / equity | 2.53 | ROA | 0.2% |
| Free-cash-flow yield | 18.1% | Payout ratio | 0% |
| Institutions | 9 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 23: Weak
EGHT scores 23 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 3, below fair value - trades 6% above our fair value; and filter 5, can repay its debt - 5.1 years to repay its debt (over 3); and filter 7, a premium worth selling - implied volatility 86% (over 80%); and filter 8, big enough - market cap $326M (under $1.0B); and filter 9, not a penny stock - price 2.26 (under $5), and the parts are thin too - value weak, premium fair, moat weak, health good, red flags good, option trading weak, stability weak. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 86%, above the 80% ceiling of the Wheel Trade Filter on premium. The premium looks generous, but moves of that size can blow through any strike. Chain open interest is thin - 1,349 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 2.2M shares a day on a market cap of $326M, with a beta of 1.92 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score rates that weak.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Fails | trades 6% above our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Fails | 5.1 years to repay its debt (over 3) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | implied volatility 86% (over 80%) |
| 8 | Big enough | Fails | market cap $326M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 2.26 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 6% above fair value | |
| Premium | Fair | implied volatility 86% | |
| Moat | Weak | moat 2.7/10 | |
| Health | Good | Piotroski 6/9 | |
| Red Flags | Good | Red Flags score 87/100 | |
| Option trading | Weak | 225 contracts a day, 1,349 open interest | |
| Stability | Weak | beta 1.92, $326M company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 2 Feb 2027, 89 days away - outside the window of a 30-45-day put sold today.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Software - Application
The 12 companies below are the closest to 8x8, Inc. by market cap within the Software - Application industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
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|---|---|---|---|---|---|
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| LAW CS Disco, Inc. | 5.73 | - | - | 20Weak | $367M |
| CMRC Commerce.com, Inc. | 3.45 | 13.21 | +74% | 32Weak | $286M |
| AZ A2Z Cust2Mate Solutions Corp. | 6.46 | - | - | 14Weak | $284M |
| AIOT PowerFleet, Inc. | 2.84 | 3.66 | +22% | 30Weak | $381M |
| RBBN Ribbon Communications Inc. | 1.54 | 4.75 | +68% | 26Weak | $276M |
| MFI mF International Limited | 7.96 | 4.50 | -77% | 13No options | $390M |
| CRNC Cerence Inc. | 8.77 | 39.99 | +78% | 41Weak | $396M |
| XPER Xperi Inc. | 5.36 | 5.86 | +9% | 27Weak | $261M |
| API Agora, Inc. | 4.36 | 4.22 | -3% | 33Weak | $408M |
Scan the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about EGHT
Is EGHT undervalued right now?
Not meaningfully: at 2.26 the stock trades within a few percent of the GLS average fair value of 2.12 (6.5% above fair value, data as of 5 Nov 2026).
What is the Wheel Score of EGHT and what does it mean?
EGHT scores 23 out of 100 (Weak) - it fails Wheel Trade Filters 3, 5, 7, 8, 9. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for EGHT?
2.12 per share as of 5 Nov 2026 - the simple average of the 7 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does 8x8, Inc. report earnings next?
The next earnings report is due on 2 Feb 2027, 89 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does EGHT have listed options, and how liquid are they?
Yes. The nightly snapshot found 12 listed contracts with 1,349 open interest across all expiries and implied volatility of 86% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.