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8×8, Inc. (NASDAQ:EGHT) is one of the

10 Most Volatile Penny Stocks to Buy Now.

On May 20, 2026, Rosenblatt raised the firm’s price target on 8×8, Inc. (NASDAQ:EGHT) to $3 from $2.75 and maintained a Buy rating on the shares. Rosenblatt cited a “strong” Q4 report that beat guidance across key metrics and capped “a year of steady execution.”

On May 19, 2026, 8×8, Inc. (NASDAQ:EGHT) reported fiscal Q4 EPS of 11c, ahead of the consensus estimate of 8c. Revenue totaled $185.2M, above the consensus estimate of $181.1M. CEO Samuel Wilson said fiscal 2026 marked a turning point for 8×8, citing four consecutive quarters of revenue growth, the company’s first GAAP-profitable full fiscal year since 2015, balance sheet improvement, and continued platform expansion for AI-driven customer engagement.

8×8, Inc. (NASDAQ:EGHT) expects FY27 EPS of 33c-38c, compared to the consensus estimate of 35c, and revenue of $727M-$747M, compared to the consensus estimate of $737.3M. The company also expects non-GAAP gross margin of 62.5%-63.5%, non-GAAP operating margin of 9.0%-10.0%, and cash flow from operations of $45 million-$52 million.

8×8, Inc. (NASDAQ:EGHT) provides contact center, voice, video, chat, and enterprise-class API solutions worldwide.

While we acknowledge the potential of EGHT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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