EGHT
8x8, Inc.
EGHT's outlook is improving, though it still trails on the overall score.
MU
Micron Technology, Inc.
MU has the edge over EGHT overall, supported by stronger valuation and stronger fundamentals.
EGHT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Weak |
EGHT's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is weak.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
EGHT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 6.2x | $2.33 | — |
| Current | 58x | $2.33 | — |
| Cheap | 63x | $2.53 | +8.5% |
| Fair | 76x | $3.05 | +31% |
| Expensive | 189x | $7.55 | +224% |
Historical ranges are pointers, not guarantees.
EGHT has the edge over MU in the historical PE scenario, which offers more potential upside but is not a forecast.
MU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 4.6x | $798 | — |
| Cheap | 10x | $777 | -2.7% |
| Current | 11x | $798 | — |
| Fair | 22x | $1,646 | +106% |
| Expensive | 32x | $2,404 | +201% |
Historical ranges are pointers, not guarantees.
MU's PE is in its cheap range at 11x. If earnings grow as analysts expect, today's price would be 4.6x next year's earnings.
EGHT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for EGHT, with profitability holding steady.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
MU has the edge over EGHT on the outlook, with more favorable profitability expectations.
EGHT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.38 | +838% |
| Q3 2026 | $0.04 | +$0.08 |
| Q2 2026 | $0.03 | +$0.19 |
| Q1 2026 | $0.01 | +$0.22 |
| Q4 2025 | -$0.02 | +$0.35 |
| Q3 2025 | -$0.04 | +$0.52 |
| Q2 2025 | -$0.16 | +$0.35 |
| Q1 2025 | -$0.21 | +$0.35 |
| Q4 2024 | -$0.37 | +$0.07 |
EGHT has returned to profit: it earned $0.04 per share over the past year, after losing money the year before.
MU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $174.95 | +135% |
| Q3 2026 | $74.33 | +879% |
| Q2 2026 | $44.17 | +693% |
| Q1 2026 | $21.18 | +405% |
| Q4 2025 | $10.52 | +201% |
| Q3 2025 | $7.59 | +984% |
| Q2 2025 | $5.57 | +$6.99 |
| Q1 2025 | $4.19 | +$7.64 |
| Q4 2024 | $3.49 | +$9.77 |
MU's earnings per share have climbed steadily: $74.33 over the past year, about 10 times what it earned the year before, and higher year over year for 10 quarters in a row.
EGHT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $192M | +4.3% |
| Q2 2026 | $190.2M | +4.9% |
| Q1 2026 | $185.2M | +4.6% |
| Q4 2025 | $185.1M | +3.4% |
| Q3 2025 | $184.1M | +1.7% |
| Q2 2025 | $181.4M | +1.8% |
| Q1 2025 | $177M | -1.3% |
| Q4 2024 | $178.9M | -1.2% |
EGHT's revenue has grown year over year for six quarters in a row: $192M last quarter, up 4.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.6% | +0.7 points |
| Q2 2026 | 2.3% | +2 points |
| Q1 2026 | 1.8% | +1.6 points |
| Q4 2025 | 5.2% | +0.2 points |
| Q3 2025 | 2.9% | -1 points |
| Q2 2025 | 0.3% | +1.1 points |
| Q1 2025 | 0.2% | +8.2 points |
| Q4 2024 | 5% | +10 points |
EGHT's operating margin was 3.6% last quarter, up 0.7 points from the same quarter a year ago.
MU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $54.2B | +379% |
| Q2 2026 | $41.5B | +346% |
| Q1 2026 | $23.9B | +196% |
| Q4 2025 | $13.6B | +57% |
| Q3 2025 | $11.3B | +46% |
| Q2 2025 | $9.3B | +37% |
| Q1 2025 | $8.1B | +38% |
| Q4 2024 | $8.7B | +84% |
MU has the edge over EGHT on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 81% | +48 points |
| Q2 2026 | 80% | +57 points |
| Q1 2026 | 68% | +46 points |
| Q4 2025 | 45% | +20 points |
| Q3 2025 | 32% | +13 points |
| Q2 2025 | 23% | +13 points |
| Q1 2025 | 22% | +19 points |
| Q4 2024 | 25% | +49 points |
MU has the edge over EGHT on profitability, with a higher operating margin.
EGHT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $12.5M | +62% |
| Q2 2026 | $16.3M | +42% |
| Q1 2026 | $13.8M | +150% |
| Q4 2025 | $19.1M | -29% |
| Q3 2025 | $7.7M | -31% |
| Q2 2025 | $11.5M | -35% |
| Q1 2025 | $5.5M | -55% |
| Q4 2024 | $26.8M | +24% |
EGHT generated $62M in free cash flow over the past year, up 20% from the year before.
MU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.9B | +45543% |
| Q2 2026 | $17.6B | +951% |
| Q1 2026 | $5.5B | +$5.6B |
| Q4 2025 | $3B | +7853% |
| Q3 2025 | $72M | -75% |
| Q2 2025 | $1.7B | +322% |
| Q1 2025 | -$113M | +$52M |
| Q4 2024 | $38M | +$433M |
MU has the edge over EGHT on cash flow, with more consistent year-over-year improvement.
EGHT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.1% | +4.4M shares |
| 1 year | +3.4% | +4.8M shares |
| 3 years | +21% | +25.6M shares |
| 5 years | +30% | +33.9M shares |
| Available history | +46% | +46.4M shares |
EGHT has 146M diluted shares, up 3.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $1.8M |
| Q1 2024 | — |
| Q4 2023 | — |
EGHT hasn't bought back shares in the past year.
MU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -2M shares |
| 1 year | +1.6% | +18M shares |
| 3 years | +4.6% | +50M shares |
| 5 years | +0.2% | +2M shares |
| Available history | +1.2% | +14M shares |
MU has the edge over EGHT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $350M |
| Q4 2025 | $300M |
| Q3 2024 | $300M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
MU has spent almost nothing on buybacks in the past year.
EGHT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.6x | High |
| Q2 2026 | 5.0x | High |
| Q1 2026 | 5.7x | High |
| Q4 2025 | 6.3x | High |
| Q3 2025 | 6.5x | High |
| Q2 2025 | 6.1x | High |
| Q1 2025 | 6.3x | High |
| Q4 2024 | 9.1x | High |
EGHT's net debt is about 4.6 years of its operating earnings (EBITDA), down from 6.5 years a year ago.
MU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
MU has the edge over EGHT on leverage, with a lower net debt burden relative to earnings.
EGHT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.7 | Neutral |
| Stochastic | 59.9 | Neutral |
EGHT's weekly RSI is 57 (neutral) and its Stochastic is 60 (neutral).
MU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.1 | Neutral |
| Stochastic | 26.9 | Neutral |
MU's weekly RSI is 47 (neutral) and its Stochastic is 27 (neutral).
EGHT PE vs Technology Sector
| Metric | EGHT | Sector median | Relative |
|---|---|---|---|
| PE | 58x | 28x | 109% above |
| PE % | 4 | 35 | 31 pts below |
EGHT is trading at 58x earnings, a 109% premium to the Technology sector's median of 28x, though its earnings don't support one.
MU PE vs Technology Sector
| Metric | MU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 61% below |
| PE % | 18 | 35 | 17 pts below |
MU has the edge over EGHT on valuation relative to its sector.
EGHT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.16 | 7.9% above |
| 20 week MA | $2.03 | 15% above |
| 50 week MA | $2.04 | 14% above |
| 100 week MA | $2.07 | 13% above |
| 200 week MA | $2.61 | 11% below |
EGHT has the edge over MU on trend strength, trading above more of its moving averages.
MU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $914.5 | 13% below |
| 20 week MA | $931.0 | 14% below |
| 50 week MA | $685.9 | 16% above |
| 100 week MA | $405.4 | 97% above |
| 200 week MA | $246.0 | 225% above |
MU has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 225% above its 200-week average.
EGHT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $18.1 | $34.7 | +92% |
| 2021 | $34.7 | $17.6 | -49% |
| 2022 | $17.6 | $4.30 | -76% |
| 2023 | $4.30 | $3.78 | -12% |
| 2024 | $3.78 | $2.70 | -29% |
| 2025 | $2.70 | $2.01 | -26% |
| 2026 YTD | $2.01 | $2.33 | +16% |
EGHT has finished five years in a row lower, and it's up 16% so far in 2026.
MU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.0 | $70.6 | +31% |
| 2021 | $70.6 | $94.4 | +34% |
| 2022 | $94.4 | $50.2 | -47% |
| 2023 | $50.2 | $85.3 | +70% |
| 2024 | $85.3 | $88.6 | +3.9% |
| 2025 | $88.6 | $284.8 | +221% |
| 2026 YTD | $284.8 | $798.4 | +180% |
MU has the edge over EGHT on returns for 2026, with the stronger performance.