8X8 (NYSE:EGHT) and Argo Blockchain (NASDAQ:ARBK) Head-To-Head Review

8X8 (NYSE:EGHT) and Argo Blockchain (NASDAQ:ARBK) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, valuation, risk, dividends, institutional ownership, analyst recommendations and earnings.

Insider & Institutional Ownership

96.1% of 8X8 shares are owned by institutional investors. Comparatively, 4.0% of Argo Blockchain shares are owned by institutional investors. 2.2% of 8X8 shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares 8X8 and Argo Blockchain’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
8X8 $532.34 million 3.53 -$165.59 million ($1.58) -10.44
Argo Blockchain $24.34 million 21.10 $1.85 million N/A N/A

Argo Blockchain has lower revenue, but higher earnings than 8X8.

Profitability

This table compares 8X8 and Argo Blockchain’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
8X8 -29.50% -87.26% -20.45%
Argo Blockchain N/A N/A N/A

Analyst Ratings

This is a summary of recent ratings and price targets for 8X8 and Argo Blockchain, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
8X8 1 7 4 0 2.25
Argo Blockchain 0 0 6 0 3.00

8X8 presently has a consensus target price of $29.64, suggesting a potential upside of 79.72%. Argo Blockchain has a consensus target price of $25.00, suggesting a potential upside of 127.89%. Given Argo Blockchain’s stronger consensus rating and higher possible upside, analysts clearly believe Argo Blockchain is more favorable than 8X8.

Summary

Argo Blockchain beats 8X8 on 8 of the 11 factors compared between the two stocks.

About 8X8

8×8, Inc. engages in the provision of enterprise communication solutions. It offers solutions to business services, education, financial services, government, healthcare, and manufacturing industries. The company was founded in February 1987 and is headquartered in San Jose, CA.

About Argo Blockchain

Argo Blockchain Plc provides sustainable blockchain infrastructure and cryptocurrency mining. Argo Blockchain Plc is headquartered in London, UK.

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