Bandwidth Stock Forecast, Price & News

Bandwidth's stock was trading at $58.60 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BAND stock has increased by 212.3% and is now trading at $183.02.
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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."
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Bandwidth is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Bandwidth.

Bandwidth will be holding an earnings conference call on Thursday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Bandwidth Inc (NASDAQ:BAND) issued its quarterly earnings results on Thursday, July, 30th. The company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.00 by $0.13. The business earned $76.79 million during the quarter, compared to the consensus estimate of $70.44 million. Bandwidth had a negative net margin of 9.21% and a negative return on equity of 1.42%.
View Bandwidth's earnings history.

Bandwidth issued an update on its third quarter 2020 Pre-Market earnings guidance on Monday, October, 12th. The company provided earnings per share guidance of -0.01 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.02. The company issued revenue guidance of $76.5 million, compared to the consensus revenue estimate of $76.26 million.

8 brokerages have issued twelve-month price objectives for Bandwidth's shares. Their forecasts range from $100.00 to $225.00. On average, they expect Bandwidth's stock price to reach $176.57 in the next year. This suggests that the stock has a possible downside of 3.5%.
View analysts' price targets for Bandwidth.

Headlines about BAND stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Bandwidth earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term.
View the latest news about Bandwidth.

Some companies that are related to Bandwidth include Citrix Systems (CTXS), SS&C Technologies (SSNC), Tyler Technologies (TYL), MongoDB (MDB), Black Knight (BKI), Nice (NICE), HubSpot (HUBS), Ceridian HCM (CDAY), Symantec (SYMC), Dynatrace (DT), NortonLifeLock (NLOK), Avalara (AVLR), UBISOFT ENTMT S/ADR (UBSFY), Paylocity (PCTY) and Elastic (ESTC).
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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), Square (SQ), CrowdStrike (CRWD), Docusign (DOCU) and Netflix (NFLX).

(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.

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

Bandwidth's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.01%) and Carroll Financial Associates Inc. (0.00%). 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.

BAND stock was sold by a variety of institutional investors in the last quarter, including Carroll Financial Associates Inc.. 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.

BAND stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc..
View insider buying and selling activity for 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.

One share of BAND stock can currently be purchased for approximately $183.02.

Bandwidth has a market capitalization of $4.42 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 611 workers across the globe.

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

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]