8x8 Launches Silent Mobile Authentication in the Philippines
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Should l Buy EGHT?
Source: Businesswire
- Innovation in Mobile Authentication: 8x8's launch of Silent Mobile Authentication in partnership with PLDT Enterprise integrates SmartSafe SilentAccess, enabling businesses in the Philippines to quickly and securely verify users, significantly reducing fraud risk and enhancing customer experience.
- Fraud Prevention Measures: With mobile fraud attacks on the rise, affecting over half of Filipinos, 8x8's solution mitigates traditional one-time password (OTP) delays by utilizing mobile network data for seamless user verification, addressing the growing reliance on SMS for authentication.
- Enhanced User Experience: Pilot programs indicate that 8x8 Silent Mobile Authentication achieves higher verification success rates and lower abandonment rates, allowing businesses to better balance security and user experience, thereby improving operational efficiency.
- Strengthening Digital Infrastructure: PLDT Enterprise highlights that SmartSafe SilentAccess represents a significant advancement in enhancing the Philippines' digital infrastructure, with 8x8's solution aiding enterprises in protecting customers, reducing fraud, and supporting the country's ongoing digital transformation.
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Analyst Views on EGHT
Wall Street analysts forecast EGHT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EGHT is 2.30 USD with a low forecast of 1.50 USD and a high forecast of 3.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
3 Buy
1 Hold
3 Sell
Hold
Current: 2.690
Low
1.50
Averages
2.30
High
3.00
Current: 2.690
Low
1.50
Averages
2.30
High
3.00
About EGHT
8x8, Inc. is a provider of software-as-a-service solutions for contact centers, voice communications, video meetings, employee collaboration, and embeddable communication application programming interfaces (API). The Company’s communications platform solutions comprise the 8x8 XCaaS platform, which is an integrated contact center, voice communications, video, chat, and SMS solution built on one global cloud communications platform. Its integrated technology platform includes 8x8 Work, 8x8 Contact Center, 8x8 Engage and 8x8 X Series. Its 8x8 Work is an end-to-end unified communications as a service solution that delivers enterprise-grade voice services, secure video meetings, and unified messaging including direct messages, public and private team messaging rooms, and peer-to-peer short and multimedia messaging, or SMS/MMS. 8x8 Contact Center is a cloud-based contact center as-a-service solution that includes omnichannel customer engagement, advanced analytics, and other features.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Innovation in Mobile Authentication: 8x8's launch of Silent Mobile Authentication in partnership with PLDT Enterprise integrates SmartSafe SilentAccess, enabling businesses in the Philippines to quickly and securely verify users, significantly reducing fraud risk and enhancing customer experience.
- Fraud Prevention Measures: With mobile fraud attacks on the rise, affecting over half of Filipinos, 8x8's solution mitigates traditional one-time password (OTP) delays by utilizing mobile network data for seamless user verification, addressing the growing reliance on SMS for authentication.
- Enhanced User Experience: Pilot programs indicate that 8x8 Silent Mobile Authentication achieves higher verification success rates and lower abandonment rates, allowing businesses to better balance security and user experience, thereby improving operational efficiency.
- Strengthening Digital Infrastructure: PLDT Enterprise highlights that SmartSafe SilentAccess represents a significant advancement in enhancing the Philippines' digital infrastructure, with 8x8's solution aiding enterprises in protecting customers, reducing fraud, and supporting the country's ongoing digital transformation.
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- Innovation in User Verification: 8x8's launch of Silent Mobile Authentication in partnership with PLDT Enterprise enables seamless user verification in the Philippines, utilizing mobile network and SIM signals to enhance customer experience while significantly reducing fraud risks.
- Combatting Mobile Fraud: With over half of Filipinos reporting scams, the 8x8 Silent Mobile Authentication eliminates the need for one-time passwords (OTPs), thereby lowering user drop-off rates and accelerating login and transaction flows, enhancing overall security.
- Increased Success Rates: Pilot programs indicate that the new system achieves higher verification success rates compared to traditional OTP workflows, allowing businesses to better balance security, user experience, and operational efficiency, thus driving rapid growth in digital transactions.
- Strengthening Digital Infrastructure: The collaboration between PLDT Enterprise's SmartSafe SilentAccess solution and 8x8 represents a significant advancement in the Philippines' digital infrastructure, aiming to provide secure and frictionless verification for millions of mobile users and support the country's ongoing digital transformation.
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- Earnings Beat Expectations: In Q3 FY2026, 8x8 reported a 3.4% year-over-year revenue increase to $185 million, with adjusted earnings rising from $0.11 to $0.12 per diluted share, significantly surpassing the market's expectation of $0.09, indicating strong business growth potential.
- Stock Price Surge: Following the impressive earnings report, 8x8's stock price peaked at $2.56, reflecting a 54.22% increase by 11 a.m. ET, marking a new high not seen since March 2025, showcasing market optimism about its future growth.
- Successful Customer Transition: The company successfully migrated all customers from the 2021 Fuze acquisition to its core 8x8 platform, shifting from fixed subscription fees to usage-based pricing, which has led to increased acceptance of its voice-driven AI tools and further revenue growth.
- Attractive Market Valuation: Despite the significant stock price increase, 8x8 trades at just 6.8 times forward earnings and 8.2 times reported free cash flow, indicating that the stock remains attractive and warrants attention from both growth and value investors.
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- Earnings Beat: Super Micro Computer reported Q2 earnings of $0.69 per share, surpassing the analyst consensus of $0.49 by 41.68%, indicating a significant improvement in profitability that boosts investor confidence.
- Significant Revenue Growth: The quarterly revenue reached $12.68 billion, exceeding the market estimate of $10.22 billion and representing a 123.76% increase from $5.68 billion in the same period last year, showcasing the company's strong market performance and growth potential.
- Optimistic Outlook: Super Micro expects Q3 adjusted EPS of $0.60, above the analyst estimate of $0.53, and anticipates revenue in the range of $12.3 billion to $12.6 billion, reflecting confidence in future performance.
- Positive Stock Reaction: In pre-market trading, Super Micro's shares jumped 10.5% to $32.79, indicating a favorable market response to its strong earnings and optimistic outlook.
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- Sustained Growth: 8x8 reported total revenue of $185 million and service revenue of $179.7 million in Q3, exceeding guidance by approximately $3 million, with year-over-year growth rates of 3.4% and 3.6%, respectively, indicating strong momentum in revenue growth.
- Innovation-Driven: Usage-based offerings grew nearly 60% year-over-year, now accounting for 21% of service revenue, primarily driven by CPaaS APIs, showcasing the company's success in adopting new technologies.
- Multiproduct Strategy: All top 20 customers are using multiple products, with most utilizing three or more, leading to increased revenue and retention, while four new strategic products saw triple-digit year-over-year growth.
- Optimistic Outlook: Management raised Q4 2026 service revenue guidance to between $173.5 million and $178.5 million, reflecting confidence in future growth despite near-term revenue headwinds from the decommissioning of the Fuze platform.
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- Earnings Beat: 8X8 reported a non-GAAP EPS of $0.12 for Q3, exceeding expectations by $0.03, with revenue of $185.1 million reflecting a 3.5% year-over-year increase, indicating ongoing improvements in revenue and profitability.
- Guidance Upgrade: Management has raised its revenue outlook for Q4 FY2026, projecting total revenue between $178.5 million and $183.5 million, and service revenue between $173.5 million and $178.5 million, reflecting optimism about the future business environment.
- Enhanced Profitability: The company anticipates a non-GAAP gross margin of 65% to 66% and an operating margin of 9.5% to 10% for FY2026, demonstrating its commitment to disciplined cost management and sustainable profitability.
- Strong Cash Flow: Expected cash flow from operations for FY2026 is projected to be between $42 million and $45 million, showcasing the company's robust cash generation capabilities that support future investments and growth strategies.
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