tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

8×8 Approves Key Proposals at Annual Meeting

Story Highlights
8×8 Approves Key Proposals at Annual Meeting

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

8X8 ( (EGHT) ) has issued an update.

On July 25, 2025, 8×8, Inc. held its annual meeting of stockholders where key proposals were voted on, including the election of eight directors, ratification of Grant Thornton LLP as the independent accounting firm, approval of executive compensation, and amendments to increase shares in the Employee Stock Purchase Plan and the 2022 Equity Incentive Plan. The stockholders approved all proposals, impacting the company’s governance and financial strategies by ensuring continuity in leadership and expanding stock-based compensation plans.

The most recent analyst rating on (EGHT) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on 8X8 stock, see the EGHT Stock Forecast page.

Spark’s Take on EGHT Stock

According to Spark, TipRanks’ AI Analyst, EGHT is a Neutral.

8X8’s overall stock score reflects a mix of positive technical momentum and promising earnings guidance, tempered by financial stability challenges and valuation concerns. The company’s operational improvements and cash flow strength are significant positives, but high leverage and negative profitability weigh on the overall score.

To see Spark’s full report on EGHT stock, click here.

More about 8X8

Average Trading Volume: 1,253,804

Technical Sentiment Signal: Sell

Current Market Cap: $287.1M

For a thorough assessment of EGHT stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1