Bandwidth Inc. (BAND) - What Are Analysts Saying About This Stock?

Key Points

• Analyst sentiment is moderately positive: Eight brokerages give Bandwidth a “Moderate Buy” consensus, split between four buy and four hold ratings, with an average 12-month price target of $59.83.
• Recent results exceeded expectations: Bandwidth reported quarterly EPS of $0.37 versus the $0.36 consensus and revenue of $219.9 million, up 22.2% year over year. Management guided for third-quarter EPS of $0.45–$0.49 and full-year EPS of $1.71–$1.79.
• Ownership activity was mixed: Institutional investors increased their holdings, including Wellington Management’s 138.9% position increase, while insiders sold 23,550 shares worth approximately $1.15 million over the past three months.

Shares of Bandwidth Inc. (NASDAQ:BAND - Get Free Report) have been given an average rating of "Moderate Buy" by the eight brokerages that are currently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $59.83.

BAND has been the subject of several recent research reports. Needham & Company LLC reissued a "buy" rating on shares of Bandwidth in a research report on Thursday, August 20th. Bank of America started coverage on shares of Bandwidth in a research note on Wednesday, September 16th. They set a "neutral" rating and a $60.00 price target on the stock. Citigroup restated a "market outperform" rating on shares of Bandwidth in a report on Monday, July 20th. Wall Street Zen downgraded shares of Bandwidth from a "buy" rating to a "hold" rating in a report on Saturday, September 19th. Finally, Citizens Jmp lifted their price objective on shares of Bandwidth from $70.00 to $86.00 and gave the company a "market outperform" rating in a research note on Monday, July 20th.

Insider Activity

In other Bandwidth news, insider Rebecca Bottorff sold 2,713 shares of the business's stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $49.15, for a total value of $133,343.95. Following the completion of the sale, the insider owned 10,704 shares of the company's stock, valued at $526,101.60. The trade was a 20.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Richard Asbill sold 1,832 shares of the company's stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $49.15, for a total value of $90,042.80. Following the sale, the general counsel owned 7,550 shares of the company's stock, valued at approximately $371,082.50. This trade represents a 19.53% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 23,550 shares of company stock valued at $1,154,782. Corporate insiders own 5.26% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Wellington Management Group LLP lifted its holdings in Bandwidth by 138.9% in the 2nd quarter. Wellington Management Group LLP now owns 911,893 shares of the company's stock worth $57,723,000 after purchasing an additional 530,182 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Bandwidth by 6.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,551,508 shares of the company's stock worth $27,647,000 after purchasing an additional 91,812 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in Bandwidth by 299.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 688,430 shares of the company's stock valued at $12,268,000 after purchasing an additional 516,117 shares during the last quarter. Renaissance Technologies LLC grew its holdings in Bandwidth by 4.2% during the first quarter. Renaissance Technologies LLC now owns 644,981 shares of the company's stock valued at $11,494,000 after purchasing an additional 26,081 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in Bandwidth by 51.1% during the first quarter. Assenagon Asset Management S.A. now owns 491,873 shares of the company's stock valued at $8,765,000 after purchasing an additional 166,423 shares during the last quarter. 68.53% of the stock is owned by institutional investors.

Bandwidth Stock Up 4.6%

Shares of Bandwidth stock opened at $49.60 on Friday. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of -171.03, a P/E/G ratio of 4.14 and a beta of 3.01. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.04 and a quick ratio of 2.04. Bandwidth has a 52-week low of $12.50 and a 52-week high of $79.08. The stock has a 50-day simple moving average of $52.67 and a 200-day simple moving average of $50.13.

Bandwidth (NASDAQ:BAND - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. The business had revenue of $219.90 million during the quarter, compared to analysts' expectations of $217.62 million. Bandwidth had a return on equity of 1.85% and a net margin of 0.27%. The company's revenue was up 22.2% on a year-over-year basis. Bandwidth has set its Q3 2026 guidance at 0.450-0.490 EPS and its FY 2026 guidance at 1.710-1.790 EPS. On average, equities research analysts expect that Bandwidth will post 0.65 earnings per share for the current fiscal year.

Bandwidth Company Profile

Bandwidth Inc is a cloud communications company that provides application programming interfaces (APIs) and related services for businesses to build voice, messaging and emergency communications into their software and applications. Its platform is designed for enterprises, communications service providers and technology companies that need programmable communications capabilities.

The company's offerings include voice calling, text messaging, toll-free and local phone numbers, authentication messaging, and 911 emergency services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.