NASDAQ:BAND Bandwidth - BAND Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Bandwidth Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $15.16 -0.02 (-0.13%) (As of 03/20/2023 03:51 PM ET) Add Compare Share Share Today's Range$14.75▼$15.3650-Day Range$14.12▼$27.5052-Week Range$9.20▼$34.89Volume311,026 shsAverage Volume714,774 shsMarket Capitalization$385.67 millionP/E RatioN/ADividend YieldN/APrice Target$26.89 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Bandwidth MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside78.3% Upside$26.89 Price TargetShort InterestBearish9.21% of Float Sold ShortDividend StrengthN/ASustainability-0.44Upright™ Environmental ScoreNews Sentiment0.35Based on 5 Articles This WeekInsider TradingAcquiring Shares$147,108 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.02) to $0.54 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.54 out of 5 starsComputer And Technology Sector172nd out of 608 stocksPrepackaged Software Industry54th out of 211 stocks 4.3 Analyst's Opinion Consensus RatingBandwidth has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.89, Bandwidth has a forecasted upside of 78.3% from its current price of $15.08.Amount of Analyst CoverageBandwidth has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted9.21% of the float of Bandwidth has been sold short.Short Interest Ratio / Days to CoverBandwidth has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Bandwidth has recently increased by 9.47%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldBandwidth does not currently pay a dividend.Dividend GrowthBandwidth does not have a long track record of dividend growth. Previous Next 3.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBandwidth has received a 31.38% net impact score from Upright. Bandwidth.com seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is false driven by its "Application programming interface" and "Voice over IP software" products. See details.Environmental SustainabilityThe Environmental Impact score for Bandwidth is -0.44. Previous Next 3.0 News and Social Media Coverage News SentimentBandwidth has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Bandwidth this week, compared to 4 articles on an average week.Search Interest23 people have searched for BAND on MarketBeat in the last 30 days. This is an increase of 28% compared to the previous 30 days.MarketBeat Follows5 people have added Bandwidth to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bandwidth insiders have bought more of their company's stock than they have sold. Specifically, they have bought $147,108.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.79% of the stock of Bandwidth is held by insiders.Percentage Held by Institutions71.12% of the stock of Bandwidth is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Bandwidth are expected to grow in the coming year, from ($0.02) to $0.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bandwidth is -21.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Bandwidth is -21.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBandwidth has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Bandwidth (NASDAQ:BAND) StockBandwidth is a leading enterprise cloud communications company. Companies like Cisco, Google, Microsoft, RingCentral, Uber, and Zoom use Bandwidth's APIs to easily embed voice, messaging, and emergency services into software and applications. Bandwidth is the first and only CPaaS provider offering a robust selection of communications APIs built around their own IP voice network.Read More Receive BAND Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bandwidth and its competitors with MarketBeat's FREE daily newsletter. Email Address BAND Stock News HeadlinesMarch 17, 2023 | americanbankingnews.comJMP Securities Lowers Bandwidth (NASDAQ:BAND) Price Target to $32.00March 15, 2023 | americanbankingnews.comBandwidth Inc. (NASDAQ:BAND) Short Interest Up 9.5% in FebruaryMarch 20, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 13, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Anterix, Bandwidth and Wireless Telecom GroupMarch 10, 2023 | finance.yahoo.com3 Communication Stocks Likely to Gain Despite Industry WoesMarch 6, 2023 | finance.yahoo.comImplied Volatility Surging for Bandwidth (BAND) Stock OptionsMarch 1, 2023 | finance.yahoo.comBandwidth Announces Additional Partial Repurchase of 0.25% Convertible Senior Notes Due 2026February 28, 2023 | finance.yahoo.comBandwidth Accelerates Enterprise Cloud Adoption and Product Innovation with AWSMarch 20, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.February 24, 2023 | finance.yahoo.comBandwidth Full Year 2022 Earnings: Beats ExpectationsFebruary 24, 2023 | finance.yahoo.comWhy Bandwidth saw its stock crater on 2023 guidanceFebruary 23, 2023 | finance.yahoo.comWhy Bandwidth Stock Collapsed TodayFebruary 23, 2023 | finance.yahoo.comBandwidth Announces Fourth Quarter and Full Year 2022 Financial ResultsFebruary 22, 2023 | marketwatch.comGlobal High Bandwidth Memory (HBM) Market by Segment, Price Trend 2023-2029February 20, 2023 | finance.yahoo.comWill Top-Line Improvement Aid Bandwidth (BAND) Q4 Earnings?February 17, 2023 | msn.comNew Steam feature lets you copy games to the Steam Deck (or between PCs) without redownloadingFebruary 16, 2023 | finance.yahoo.comBandwidth (BAND) Stock Moves -0.91%: What You Should KnowFebruary 8, 2023 | finance.yahoo.comEstimating The Fair Value Of Bandwidth Inc. (NASDAQ:BAND)January 23, 2023 | finance.yahoo.comIs It Too Late To Consider Buying Bandwidth Inc. (NASDAQ:BAND)?January 10, 2023 | finance.yahoo.comBandwidth (BAND) Gains But Lags Market: What You Should KnowJanuary 6, 2023 | finance.yahoo.comThe past three years for Bandwidth (NASDAQ:BAND) investors has not been profitableJanuary 4, 2023 | msn.comWhat the Tech: Is your Wi-Fi moving slower after the holidays?January 4, 2023 | marketwatch.comHybrid Memory Cube (HMC) and High Bandwidth Memory (HBM) Market 2023 : Advance Technology, Latest Trend and Future Expansion by 2028December 22, 2022 | msn.comIt's time to retire 'edge' from our IT vocabularyDecember 22, 2022 | marketwatch.comHybrid Memory Cube (HMC) and High Bandwidth Memory (HBM) Market 2022 Expected to Witness the Highest Revenue Growth Over Forecast to 2028December 1, 2022 | finance.yahoo.comWhy Is Bandwidth (BAND) Up 31.2% Since Last Earnings Report?November 30, 2022 | finance.yahoo.comWith 73% ownership of the shares, Bandwidth Inc. (NASDAQ:BAND) is heavily dominated by institutional ownersSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BAND Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bandwidth and its competitors with MarketBeat's FREE daily newsletter. Email Address BAND Company Calendar Last Earnings2/23/2023Today3/20/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:BAND CUSIPN/A CIK1514416 Webwww.bandwidth.com Phone800-808-5150FaxN/AEmployees1,100Year FoundedN/APrice Target and Rating Average Stock Price Forecast$26.89 High Stock Price Forecast$34.00 Low Stock Price Forecast$19.00 Forecasted Upside/Downside+77.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($0.71) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$19.57 million Net Margins3.41% Pretax Margin3.02% Return on Equity-0.49% Return on Assets-0.11% Debt Debt-to-Equity Ratio1.77 Current Ratio2.45 Quick Ratio2.45 Sales & Book Value Annual Sales$573.15 million Price / Sales0.67 Cash Flow$1.71 per share Price / Cash Flow8.86 Book Value$10.74 per share Price / Book1.41Miscellaneous Outstanding Shares25,440,000Free Float23,969,000Market Cap$386.18 million OptionableOptionable Beta1.26 Key ExecutivesMr. David Andrew Morken (Age 52)Co-Founder, CEO, & Chairman Comp: $897.55kMr. Jeffrey A. Hoffman (Age 52)Chief Financial Officer Comp: $703.46kMs. Noreen AllenChief Marketing OfficerMs. Rebecca G. BottorffChief People OfficerMs. Marina Carreker (Age 40)Pres Ms. Michelle FlynnSr. VP of OperationsMr. Scott MullenChief Technology OfficerMr. Kade RossChief Information OfficerMs. Sarah WalasVP of Investor RelationsMr. Richard Brandon AsbillGen. CounselMore ExecutivesKey CompetitorsCS DiscoNYSE:LAWON24NYSE:ONTFSoundHound AINASDAQ:SOUNDomoNASDAQ:DOMOAmerican SoftwareNASDAQ:AMSWAView All CompetitorsInsiders & InstitutionsLukas M RoushBought 9,200 shares on 3/3/2023Total: $147,108.00 ($15.99/share)Voya Investment Management LLCBought 9,149 shares on 2/28/2023Ownership: 0.036%Alliancebernstein L.P.Bought 18,200 shares on 2/16/2023Ownership: 0.167%Harbour Investments Inc.Bought 4,844 shares on 2/16/2023Ownership: 0.046%Resurgent Financial Advisors LLCBought 3,050 shares on 2/16/2023Ownership: 0.012%View All Insider TransactionsView All Institutional Transactions BAND Stock - Frequently Asked Questions Should I buy or sell Bandwidth stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bandwidth in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BAND shares. View BAND analyst ratings or view top-rated stocks. What is Bandwidth's stock price forecast for 2023? 10 brokers have issued 12-month price targets for Bandwidth's stock. Their BAND share price forecasts range from $19.00 to $34.00. On average, they anticipate the company's stock price to reach $26.89 in the next twelve months. This suggests a possible upside of 77.1% from the stock's current price. View analysts price targets for BAND or view top-rated stocks among Wall Street analysts. How have BAND shares performed in 2023? Bandwidth's stock was trading at $22.95 at the beginning of 2023. Since then, BAND stock has decreased by 33.9% and is now trading at $15.18. View the best growth stocks for 2023 here. Are investors shorting Bandwidth? Bandwidth saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 2,080,000 shares, an increase of 9.5% from the February 13th total of 1,900,000 shares. Based on an average trading volume of 658,100 shares, the short-interest ratio is currently 3.2 days. Approximately 9.2% of the company's shares are short sold. View Bandwidth's Short Interest. When is Bandwidth's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. View our BAND earnings forecast. How were Bandwidth's earnings last quarter? Bandwidth Inc. (NASDAQ:BAND) announced its quarterly earnings results on Thursday, February, 23rd. The company reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04. The business had revenue of $157 million for the quarter, compared to analysts' expectations of $146.96 million. Bandwidth had a negative trailing twelve-month return on equity of 0.49% and a net margin of 3.41%. The company's revenue was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.09 earnings per share. What ETFs hold Bandwidth's stock? ETFs with the largest weight of Bandwidth (NASDAQ:BAND) stock in their portfolio include Global X Education ETF (EDUT), Invesco DWA Technology Momentum ETF (PTF), iShares Virtual Work and Life Multisector ETF (IWFH), Invesco Nasdaq Future Gen 200 ETF (QQQS), Invesco DWA SmallCap Momentum ETF (DWAS), Direxion Daily Cloud Computing Bull 2x (CLDL), Fidelity MSCI Communication Services Index ETF (FCOM) and Motley Fool Next Index ETF (TMFX). What guidance has Bandwidth issued on next quarter's earnings? Bandwidth issued an update on its first quarter 2023 earnings guidance on Thursday, February, 23rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $132.00 million-$134.00 million, compared to the consensus revenue estimate of $144.80 million. What is David Morken's approval rating as Bandwidth's CEO? 218 employees have rated Bandwidth Chief Executive Officer David Morken on Glassdoor.com. David Morken has an approval rating of 86% among the company's employees. 76.0% of employees surveyed would recommend working at Bandwidth to a friend. What other stocks do shareholders of Bandwidth own? Based on aggregate information from My MarketBeat watchlists, some companies that other Bandwidth investors own include NVIDIA (NVDA), Tesla (TSLA), Shopify (SHOP), PayPal (PYPL), Trade Desk (TTD), Zoom Video Communications (ZM), Block (SQ), CrowdStrike (CRWD), DocuSign (DOCU) and Netflix (NFLX). When did Bandwidth IPO? (BAND) raised $84 million in an initial public offering (IPO) on Friday, November 10th 2017. The company issued 4,000,000 shares at a price of $20.00-$22.00 per share. Morgan Stanley, KeyBanc Capital Markets and Baird acted as the underwriters for the IPO and Canaccord Genuity and JMP Securities were co-managers. What is Bandwidth's stock symbol? Bandwidth trades on the NASDAQ under the ticker symbol "BAND." Who are Bandwidth's major shareholders? Bandwidth's stock is owned by many different retail and institutional investors. Top institutional investors include Millennium Management LLC (2.88%), Two Sigma Investments LP (1.70%), Geode Capital Management LLC (1.70%), Assenagon Asset Management S.A. (1.60%), Renaissance Technologies LLC (1.35%) and Parcion Private Wealth LLC (0.82%). Insiders that own company stock include Anthony Bartolo, Brian D Bailey, Daryl Raiford, David A Morken, Douglas A Suriano, Gabriela Gonzalez, Jeffrey A Hoffman, John C Murdock, Kade Ross, Lukas M Roush, Lukas M Roush, Marina C Carreker, Rebecca Bottorff, Richard Brandon Asbill and W Christopher Matton. View institutional ownership trends. How do I buy shares of Bandwidth? Shares of BAND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Bandwidth's stock price today? One share of BAND stock can currently be purchased for approximately $15.18. How much money does Bandwidth make? Bandwidth (NASDAQ:BAND) has a market capitalization of $386.18 million and generates $573.15 million in revenue each year. The company earns $19.57 million in net income (profit) each year or ($0.71) on an earnings per share basis. How many employees does Bandwidth have? The company employs 1,100 workers across the globe. How can I contact Bandwidth? Bandwidth's mailing address is 900 MAIN CAMPUS DRIVE, RALEIGH NC, 27606. The official website for the company is www.bandwidth.com. The company can be reached via phone at 800-808-5150 or via email at ir@bandwidth.com. This page (NASDAQ:BAND) was last updated on 3/20/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.