S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
66,000% upside on tiny biotech? (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
66,000% upside on tiny biotech? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
The single greatest medical breakthrough of all time? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
66,000% upside on tiny biotech? (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
66,000% upside on tiny biotech? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
The single greatest medical breakthrough of all time? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
66,000% upside on tiny biotech? (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
66,000% upside on tiny biotech? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
The single greatest medical breakthrough of all time? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
66,000% upside on tiny biotech? (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
66,000% upside on tiny biotech? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
The single greatest medical breakthrough of all time? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NASDAQ:BAND

Bandwidth (BAND) Stock Forecast, Price & News

$12.10
+0.04 (+0.33%)
(As of 06/2/2023 ET)
Compare
Today's Range
$11.80
$12.28
50-Day Range
$10.64
$15.20
52-Week Range
$9.20
$29.07
Volume
307,871 shs
Average Volume
575,462 shs
Market Capitalization
$309.28 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$23.78

Bandwidth MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
96.5% Upside
$23.78 Price Target
Short Interest
Bearish
7.78% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.44
Upright™ Environmental Score
News Sentiment
0.26mentions of Bandwidth in the last 14 days
Based on 11 Articles This Week
Insider Trading
Acquiring Shares
$147,108 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.14) to $0.49 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.25 out of 5 stars

Computer And Technology Sector

233rd out of 604 stocks

Prepackaged Software Industry

63rd out of 217 stocks


BAND stock logo

About Bandwidth (NASDAQ:BAND) Stock

Bandwidth 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.

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.

BAND Stock News Headlines

[BREAKING] New "Living Software" to Revolutionize Warfare
This breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>
15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Bandwidth: Getting Nervous
Bandwidth Inc. Cl A
At the Races: Bandwidth on the run
See More Headlines

BAND Price History

BAND Company Calendar

Last Earnings
2/23/2023
Today
6/02/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:BAND
Fax
N/A
Employees
1,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$23.78
High Stock Price Forecast
$34.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+96.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$19.57 million
Pretax Margin
4.21%

Debt

Sales & Book Value

Annual Sales
$573.15 million
Cash Flow
$1.78 per share
Book Value
$11.32 per share

Miscellaneous

Free Float
24,080,000
Market Cap
$309.28 million
Optionable
Optionable
Beta
1.28

Key Executives

  • Mr. David Andrew Morken (Age 52)
    Co-Founder, CEO, & Chairman
    Comp: $897.55k
  • Mr. Jeffrey A. Hoffman (Age 52)
    Chief Financial Officer
    Comp: $703.46k
  • Ms. Noreen Allen
    Chief Marketing Officer
  • Ms. Rebecca G. BottorffMs. Rebecca G. Bottorff
    Chief People Officer
  • Ms. Marina CarrekerMs. Marina Carreker (Age 40)
    Pres
  • Ms. Michelle Flynn
    Sr. VP of Operations
  • Mr. Scott Mullen
    Chief Technology Officer
  • Mr. Kade RossMr. Kade Ross
    Chief Information Officer
  • Ms. Sarah Walas
    VP of Investor Relations
  • Mr. Richard Brandon AsbillMr. Richard Brandon Asbill
    Gen. Counsel













BAND Stock - Frequently Asked Questions

Should I buy or sell Bandwidth stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bandwidth in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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?

7 equities research analysts have issued twelve-month target prices for Bandwidth's stock. Their BAND share price forecasts range from $14.00 to $34.00. On average, they expect the company's stock price to reach $23.78 in the next twelve months. This suggests a possible upside of 96.5% 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 47.3% and is now trading at $12.10.
View the best growth stocks for 2023 here
.

Are investors shorting Bandwidth?

Bandwidth saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,770,000 shares, an increase of 7.3% from the April 30th total of 1,650,000 shares. Based on an average trading volume of 607,600 shares, the days-to-cover ratio is presently 2.9 days. Currently, 7.8% of the company's shares are sold short.
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, August 2nd 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, hitting the consensus estimate of $0.04. The business earned $157 million during the quarter, compared to analyst estimates of $146.96 million. Bandwidth had a negative trailing twelve-month return on equity of 1.69% and a net margin of 5.17%. Bandwidth's revenue was up 24.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.09 EPS.

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

Bandwidth updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $140.00 million-$142.00 million, compared to the consensus revenue estimate of $139.38 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 a variety of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (2.84%), State Street Corp (2.55%), Dimensional Fund Advisors LP (2.50%), Renaissance Technologies LLC (2.21%), Geode Capital Management LLC (1.72%) and Allspring Global Investments Holdings LLC (1.71%). 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 $12.10.

How much money does Bandwidth make?

Bandwidth (NASDAQ:BAND) has a market capitalization of $309.28 million and generates $573.15 million in revenue each year. The company earns $19.57 million in net income (profit) each year or ($0.72) 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 6/3/2023 by MarketBeat.com Staff

My Account -