NASDAQ:BAND

Bandwidth Stock Forecast, Price & News

$101.03
-2.28 (-2.21 %)
(As of 09/20/2021 12:00 AM ET)
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Today's Range
$100.29
$103.50
50-Day Range
$101.03
$135.40
52-Week Range
$100.29
$198.60
Volume500,064 shs
Average Volume397,482 shs
Market Capitalization$2.54 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.42
30 days | 90 days | 365 days | Advanced Chart
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Bandwidth logo

About Bandwidth

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.

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MarketRank

Overall MarketRank

2.34 out of 5 stars

Computer And Technology Sector

210th out of 858 stocks

Prepackaged Software Industry

46th out of 250 stocks

Analyst Opinion: 4.4Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 0.0 5 -4 -3 -2 -1 -
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Bandwidth (NASDAQ:BAND) Frequently Asked Questions

Is Bandwidth a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bandwidth in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Bandwidth stock.
View analyst ratings for Bandwidth
or view top-rated stocks.

What stocks does MarketBeat like better than Bandwidth?

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

Are investors shorting Bandwidth?

Bandwidth saw a increase in short interest in August. As of August 13th, there was short interest totaling 3,680,000 shares, an increase of 13.9% from the July 29th total of 3,230,000 shares. Based on an average daily trading volume, of 270,900 shares, the days-to-cover ratio is presently 13.6 days. Currently, 16.2% of the shares of the company are short sold.
View Bandwidth's Short Interest
.

When is Bandwidth's next earnings date?

Bandwidth is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Bandwidth
.

How were Bandwidth's earnings last quarter?

Bandwidth Inc. (NASDAQ:BAND) announced its quarterly earnings data on Wednesday, August, 4th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.04) by $0.36. The company had revenue of $120.66 million for the quarter, compared to analysts' expectations of $116.51 million. Bandwidth had a negative net margin of 7.99% and a positive trailing twelve-month return on equity of 3.68%.
View Bandwidth's earnings history
.

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 72.4% and is now trading at $101.03.
View which stocks have been most impacted by COVID-19
.

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

Bandwidth updated its FY 2021 earnings guidance on Thursday, September, 2nd. The company provided earnings per share guidance of $0.710-$0.750 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.490. The company issued revenue guidance of $484.80 million-$486.80 million, compared to the consensus revenue estimate of $474.86 million.

What price target have analysts set for BAND?

10 brokerages have issued twelve-month price targets for Bandwidth's stock. Their forecasts range from $125.00 to $212.00. On average, they expect Bandwidth's share price to reach $173.80 in the next twelve months. This suggests a possible upside of 72.0% from the stock's current price.
View analysts' price targets for Bandwidth
or view top-rated stocks among Wall Street analysts.

Who are Bandwidth's key executives?

Bandwidth's management team includes the following people:
  • Mr. David Andrew Morken, Co-Founder, CEO, & Chairman (Age 52, Pay $897.55k)
  • Mr. Jeffrey A. Hoffman, Chief Financial Officer (Age 52, Pay $703.46k)
  • Ms. Noreen Allen, Chief Marketing Officer
  • Ms. Rebecca G. Bottorff, Chief People Officer (LinkedIn Profile)
  • Ms. Marina Carreker, Pres (Age 40)
  • Ms. Michelle Flynn, Sr. VP of Operations
  • Mr. Scott Mullen, Chief Technology Officer
  • Mr. Kade Ross, Chief Information Officer (LinkedIn Profile)
  • Ms. Sarah Walas, VP of Investor Relations
  • Mr. Richard Brandon Asbill, Gen. Counsel

What is David Morken's approval rating as Bandwidth's CEO?

112 employees have rated Bandwidth CEO David Morken on Glassdoor.com. David Morken has an approval rating of 86% among Bandwidth's employees.

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).

When did Bandwidth IPO?

(BAND) raised $84 million in an 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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.17%), Victory Capital Management Inc. (4.30%), Bank of New York Mellon Corp (3.99%), Clearbridge Investments LLC (3.43%), Macquarie Group Ltd. (3.33%) and TimesSquare Capital Management LLC (2.14%). Company insiders that own Bandwidth stock include Brian D Bailey, David A Morken, Douglas A Suriano, Gabriela Gonzalez, Jeffrey A Hoffman, John C Murdock, Kade Ross, Lukas M Roush, 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 Nuveen Asset Management LLC, Bank of New York Mellon Corp, Millennium Management LLC, Renaissance Technologies LLC, Vanguard Group Inc., Susquehanna International Group LLP, TimesSquare Capital Management LLC, and Principal Financial Group Inc.. Company insiders that have sold Bandwidth company stock in the last year include David A Morken, Douglas A Suriano, Gabriela Gonzalez, Jeffrey A Hoffman, John C Murdock, Kade Ross, Lukas M Roush, Rebecca Bottorff, and W Christopher Matton.
View insider buying and selling activity for Bandwidth
or view top insider-selling stocks.

Which major investors are buying Bandwidth stock?

BAND stock was bought by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, Morgan Stanley, Morgan Stanley, Handelsbanken Fonder AB, Eagle Asset Management Inc., Macquarie Group Ltd., BNP Paribas Arbitrage SA, and Man Group plc.
View insider buying and selling activity for Bandwidth
or or view top insider-buying stocks.

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 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 $101.03.

How much money does Bandwidth make?

Bandwidth has a market capitalization of $2.54 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.

How many employees does Bandwidth have?

Bandwidth employs 960 workers across the globe.

What is Bandwidth's official website?

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

Where are Bandwidth's headquarters?

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

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 9/21/2021 by MarketBeat.com Staff
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