Bandwidth Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bandwidth in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Bandwidth stock.
View analyst ratings for Bandwidth or view top-rated stocks.

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Bandwidth is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Bandwidth.

Bandwidth will be holding an earnings conference call on Thursday, August 5th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "21995978".

Bandwidth Inc. (NASDAQ:BAND) issued its quarterly earnings data on Tuesday, May, 4th. The company reported $0.30 EPS for the quarter, topping the Zacks' consensus estimate of $0.01 by $0.29. The business earned $113.48 million during the quarter, compared to analyst estimates of $108.37 million. Bandwidth had a negative net margin of 12.43% and a positive trailing twelve-month return on equity of 2.94%.
View Bandwidth's earnings history.

Bandwidth's stock was trading at $58.60 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BAND stock has increased by 123.4% and is now trading at $130.90.
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Bandwidth updated its FY 2021 earnings guidance on Wednesday, May, 26th. The company provided earnings per share (EPS) guidance of 0.470-0.550 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.100. The company issued revenue guidance of $473.10 million-$476.10 million, compared to the consensus revenue estimate of $465.24 million.

9 analysts have issued 12-month target prices for Bandwidth's shares. Their forecasts range from $125.00 to $227.00. On average, they anticipate Bandwidth's stock price to reach $178.02 in the next year. This suggests a possible upside of 36.0% from the stock's current price.
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112 employees have rated Bandwidth CEO David Morken on Glassdoor.com. David Morken has an approval rating of 86% among Bandwidth's employees.

Some companies that are related to Bandwidth include Procore Technologies (PCOR), Black Knight (BKI), Dropbox (DBX), Asana (ASAN), Temenos (TMNSF), Full Truck Alliance (YMM), Lightspeed POS (LSPD), Paylocity (PCTY), Tuya (TUYA), Confluent (CFLT), Guidewire Software (GWRE), Manhattan Associates (MANH), Global-e Online (GLBE), Smartsheet (SMAR) and Appian (APPN).
View all of BAND's competitors.

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).

(BAND) raised $84 million in an initial public offering 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.

Bandwidth trades on the NASDAQ under the ticker symbol "BAND."

Shares of BAND 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.
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One share of BAND stock can currently be purchased for approximately $130.90.

Bandwidth has a market capitalization of $3.28 billion and generates $343.11 million in revenue each year. The company earns $-43,980,000.00 in net income (profit) each year or $0.22 on an earnings per share basis.

Bandwidth employs 960 workers across the globe.

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

Bandwidth is headquartered at 900 MAIN CAMPUS DRIVE, RALEIGH NC, 27606.

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]