Log in
NASDAQ:BAND

Bandwidth Stock Forecast, Price & News

$163.61
+8.93 (+5.77 %)
(As of 09/21/2020 12:00 AM ET)
Add
Compare
Today's Range
$154.79
Now: $163.61
$171.50
50-Day Range
$141.64
MA: $150.63
$165.34
52-Week Range
$42.61
Now: $163.61
$172.33
Volume1.23 million shs
Average Volume392,504 shs
Market Capitalization$3.95 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 through 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.
Read More
Bandwidth logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.05 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$232.59 million
Cash Flow$0.14 per share
Book Value$11.49 per share

Profitability

Net Income$2.49 million

Miscellaneous

Employees611
Market Cap$3.95 billion
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$163.61
+8.93 (+5.77 %)
(As of 09/21/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive BAND News and Ratings via Email

Sign-up to receive the latest news and ratings for BAND and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Bandwidth (NASDAQ:BAND) Frequently Asked Questions

How has Bandwidth's stock been impacted by Coronavirus?

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 shares have increased by 179.2% and is now trading at $163.61.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Bandwidth?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bandwidth in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Bandwidth
.

When is Bandwidth's next earnings date?

Bandwidth is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Bandwidth
.

How were Bandwidth's earnings last quarter?

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

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

Bandwidth updated its FY20 earnings guidance on Thursday, July, 30th. The company provided EPS guidance of $0.05 to $0.11 for the period, compared to the Thomson Reuters consensus estimate of ($0.32). The company issued revenue guidance of $296.8 million to $298.3 million, compared to the consensus revenue estimate of $282.10 million.

What price target have analysts set for BAND?

7 brokers have issued 12-month price objectives for Bandwidth's stock. Their forecasts range from $99.00 to $175.00. On average, they anticipate Bandwidth's stock price to reach $139.83 in the next year. This suggests that the stock has a possible downside of 14.5%.
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), Micron Technology (MU), Paypal (PYPL), salesforce.com (CRM), Okta (OKTA), Trade Desk (TTD), Twilio (TWLO) and Verizon Communications (VZ).

Who are Bandwidth's key executives?

Bandwidth's management team includes the following people:
  • Mr. David A. Morken, Co-Founder, CEO & Chairman (Age 50)
  • Mr. Jeffrey A. Hoffman, Chief Financial Officer (Age 50)
  • Mr. Scott Mullen, Chief Technology Officer
  • Mr. Steve Leonard, Chief Operating Officer (Age 44)
  • Mr. W. Christopher Matton, Gen. Counsel & Sec. (Age 49)

When did Bandwidth IPO?

(BAND) raised $84 million in an IPO on Friday, November 10th 2017. The company issued 4,000,000 shares at $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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.00%), Bank of New York Mellon Corp (5.35%), Victory Capital Management Inc. (4.12%), FMR LLC (2.63%), Jennison Associates LLC (2.31%) and Macquarie Group Ltd. (2.06%). 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 Point72 Asset Management L.P., Portolan Capital Management LLC, Thrivent Financial for Lutherans, Wasatch Advisors Inc., Jennison Associates LLC, Victory Capital Management Inc., No Street GP LP, and Shelter Haven Capital Management L.P.. 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 acquired by a variety of institutional investors in the last quarter, including FMR LLC, Macquarie Group Ltd., Vanguard Group Inc., TimesSquare Capital Management LLC, Goldman Sachs Group Inc., Driehaus Capital Management LLC, Barclays PLC, and Moseley Investment Management Inc..
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 $163.61.

How big of a company is Bandwidth?

Bandwidth has a market capitalization of $3.95 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.

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 9/22/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.