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NASDAQ:BAND

Bandwidth Stock Forecast, Price & News

$150.08
+5.30 (+3.66 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$144.78
Now: $150.08
$150.66
50-Day Range
$141.65
MA: $162.01
$193.08
52-Week Range
$50.89
Now: $150.08
$198.60
Volume252,386 shs
Average Volume428,992 shs
Market Capitalization$3.73 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.8
Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in the United States. The company operates in two segments, CPaaS and Other. Its platform enables enterprises to create, scale, and operate voice or text communications services across mobile application or connected device. The company also provides SIP trunking, data resale, and hosted voice over Internet protocol services. It serves large enterprises, small and medium-sized businesses, technology companies, and other business. Bandwidth Inc. was founded in 2000 and is headquartered in Raleigh, North Carolina.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.45 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
Current SymbolNASDAQ:BAND
CUSIPN/A
Phone800-808-5150
Employees772

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$232.59 million
Cash Flow$0.13 per share
Book Value$12.58 per share

Profitability

Net Income$2.49 million

Miscellaneous

Market Cap$3.73 billion
Next Earnings Date2/18/2021 (Estimated)
OptionableOptionable
$150.08
+5.30 (+3.66 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Bandwidth (NASDAQ:BAND) Frequently Asked Questions

How has Bandwidth's stock price been impacted by COVID-19 (Coronavirus)?

Bandwidth's stock was trading at $58.60 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BAND stock has increased by 156.1% and is now trading at $150.08.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Bandwidth?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bandwidth in the last year. There are currently 1 sell rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Bandwidth
.

What stocks does MarketBeat like better than Bandwidth?

Wall Street analysts have given Bandwidth a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Bandwidth wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Bandwidth's next earnings date?

Bandwidth is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Bandwidth
.

How were Bandwidth's earnings last quarter?

Bandwidth Inc. (NASDAQ:BAND) posted its quarterly earnings results on Thursday, October, 29th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.12) by $0.36. The business had revenue of $84.80 million for the quarter, compared to the consensus estimate of $75.49 million. Bandwidth had a negative net margin of 8.90% and a positive return on equity of 0.86%. Bandwidth's revenue for the quarter was up 39.0% on a year-over-year basis. During the same quarter last year, the company posted ($0.06) EPS.
View Bandwidth's earnings history
.

What guidance has Bandwidth issued on next quarter's earnings?

Bandwidth issued an update on its fourth quarter earnings guidance on Thursday, October, 29th. The company provided EPS guidance of $0.03-$0.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.06). The company issued revenue guidance of $96.5-$97.0 million, compared to the consensus revenue estimate of $75.34 million.

What price target have analysts set for BAND?

8 brokerages have issued 1-year price targets for Bandwidth's shares. Their forecasts range from $100.00 to $225.00. On average, they anticipate Bandwidth's share price to reach $176.57 in the next year. This suggests a possible upside of 17.7% from the stock's current price.
View analysts' price targets for Bandwidth
.

Who are some of Bandwidth's key competitors?

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), The Trade Desk (TTD), Zoom Video Communications (ZM), Square (SQ), CrowdStrike (CRWD), DocuSign (DOCU) and Netflix (NFLX).

Who are Bandwidth's key executives?

Bandwidth's management team includes the following people:
  • Mr. David A. Morken, Co-Founder, CEO, & Chairman (Age 51, Pay $897.55k)
  • Mr. Jeffrey A. Hoffman, Chief Financial Officer (Age 51, Pay $703.46k)
  • Mr. W. Christopher Matton, Gen. Counsel & Sec. (Age 50, Pay $547k)
  • Ms. Noreen Allen, Chief Marketing Officer
  • Ms. Rebecca G. Bottorff, Chief People Officer
  • Ms. Marina Carreker, Pres (Age 39)
  • Ms. Michelle Flynn, Sr. VP of Operations
  • Mr. Scott Mullen, Chief Technology Officer
  • Mr. Kade Ross, Chief Information Officer
  • Ms. Sarah Walas, VP of Investor Relations

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 served 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 shareholders include BlackRock Inc. (8.51%), Victory Capital Management Inc. (4.24%), JPMorgan Chase & Co. (2.72%), Jennison Associates LLC (2.01%), State Street Corp (1.57%) and Wasatch Advisors Inc. (1.31%). Company insiders that own Bandwidth stock include Brian D Bailey, David A Morken, Douglas A Suriano, Gabriela Gonzalez, Henry R Kaestner, Jeffrey A Hoffman, John C Murdock, Kade Ross, Lukas M Roush, Rebecca Bottorff and W Christopher Matton.
View institutional ownership trends for Bandwidth
.

Which major investors are selling Bandwidth stock?

BAND stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Thrivent Financial for Lutherans, Jennison Associates LLC, Wasatch Advisors Inc., KAMES CAPITAL plc, Cubist Systematic Strategies LLC, Fuller & Thaler Asset Management Inc., and Morgan Stanley. Company insiders that have sold Bandwidth company stock in the last year include Brian D Bailey, David A Morken, Douglas A Suriano, Gabriela Gonzalez, Jeffrey A Hoffman, John C Murdock, Kade Ross, Rebecca Bottorff, and W Christopher Matton.
View insider buying and selling activity for Bandwidth
.

Which major investors are buying Bandwidth stock?

BAND stock was bought by a variety of institutional investors in the last quarter, including Natixis, JPMorgan Chase & Co., BlackRock Inc., Voloridge Investment Management LLC, Victory Capital Management Inc., Kornitzer Capital Management Inc. KS, Point72 Asset Management L.P., and Karani Asset Management LLC.
View insider buying and selling activity for Bandwidth
.

How do I buy shares of Bandwidth?

Shares of BAND can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Bandwidth's stock price today?

One share of BAND stock can currently be purchased for approximately $150.08.

How big of a company is Bandwidth?

Bandwidth has a market capitalization of $3.73 billion and generates $232.59 million in revenue each year. The company earns $2.49 million in net income (profit) each year or ($0.43) on an earnings per share basis. Bandwidth employs 772 workers across the globe.

What is Bandwidth's official website?

The official website for Bandwidth is www.bandwidth.com.

How can I contact Bandwidth?

Bandwidth's mailing address is 900 MAIN CAMPUS DRIVE, RALEIGH NC, 27606. The company can be reached via phone at 800-808-5150 or via email at [email protected]

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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