Eightco (NASDAQ:ORBS) Shares Gap Up – What’s Next?

30 Sep 2026, 15:02 by Tristan Rich · The Markets Daily

Eightco Holdings Inc. (NASDAQ:ORBS – Get Free Report) shares gapped up before the market opened on Wednesday. The stock had previously closed at $1.18, but opened at $1.2850. Eightco shares last traded at $1.2450, with a volume of 3,463,670 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Eightco from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, September 18th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Get Our Latest Analysis on ORBS

Eightco Stock Performance

The firm’s 50 day moving average is $0.83 and its 200 day moving average is $0.86. The stock has a market cap of $522.18 million, a P/E ratio of -5.48 and a beta of 2.13.

Eightco (NASDAQ:ORBS – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported $0.04 earnings per share (EPS) for the quarter. Eightco had a negative net margin of 1,260.96% and a negative return on equity of 78.14%. The business had revenue of $2.07 million for the quarter.

Insider Buying and Selling at Eightco

In other Eightco news, CEO Kevin O’Donnell acquired 50,000 shares of the stock in a transaction dated Friday, August 28th. The stock was purchased at an average price of $0.81 per share, with a total value of $40,500.00. Following the transaction, the chief executive officer directly owned 1,296,485 shares of the company’s stock, valued at $1,050,152.85. This trade represents a 4.01% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.44% of the stock is owned by insiders.

Institutional Investors Weigh In On Eightco

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. PEAK6 LLC purchased a new stake in Eightco in the fourth quarter valued at about $26,000. Monograph Wealth Advisors LLC purchased a new stake in shares of Eightco during the fourth quarter worth about $33,000. Yorkville Advisors Global LP purchased a new stake in shares of Eightco during the first quarter worth about $27,000. Caerus Investment Advisors LLC acquired a new position in shares of Eightco during the first quarter valued at about $29,000. Finally, A. D. Beadell Investment Counsel Inc. increased its holdings in shares of Eightco by 261.6% during the second quarter. A. D. Beadell Investment Counsel Inc. now owns 45,200 shares of the company’s stock valued at $31,000 after acquiring an additional 32,700 shares in the last quarter. 12.85% of the stock is currently owned by hedge funds and other institutional investors.

Eightco Company Profile

(Get Free Report)

Eightco Holdings Inc (NASDAQ: ORBS) is a technology-focused holding company that develops and operates businesses serving e-commerce merchants and the digital economy. Its activities have included inventory financing, fulfillment support, and other infrastructure intended to help online sellers manage product availability and working capital.