NASDAQ:BAND - Bandwidth Stock Price, Price Target & More

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

Bandwidth Inc (NASDAQ:BAND) announced its quarterly earnings data on Wednesday, May, 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.02. The business earned $53 million during the quarter, compared to analysts' expectations of $47.19 million. The firm's revenue was up 33.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.22 earnings per share. View Bandwidth's Earnings History.

Bandwidth is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Bandwidth.

Bandwidth issued an update on its FY18 earnings guidance on Wednesday, May, 2nd. The company provided earnings per share guidance of $0.00-($0.11) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.06). The company issued revenue guidance of $193.1-194.6 million, compared to the consensus revenue estimate of $189.15 million.Bandwidth also updated its Q2 guidance to ($0.11-0.14) EPS.

6 brokerages have issued 1-year price objectives for Bandwidth's shares. Their forecasts range from $30.00 to $42.00. On average, they anticipate Bandwidth's stock price to reach $38.00 in the next year. This suggests a possible upside of 4.2% from the stock's current price. View Analyst Ratings for Bandwidth.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bandwidth in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Bandwidth include Blackline (BL), Mimecast (MIME), Cyberark Software (CYBR), Cogent Communications (CCOI), Sailpoint Technologies (SAIL), Bottomline Technologies (EPAY), Varonis Systems (VRNS), AppFolio (APPF), Altair Engineering (ALTR), Cloudera (CLDR), Cision (CISN), AlarmCom (ALRM), Appian (APPN), Imperva (IMPV) and Talend (TLND).

(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.

News coverage about BAND stock has trended somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bandwidth earned a media sentiment score of 0.14 on Accern's scale. They also gave media stories about the company an impact score of 45.86 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Bandwidth's stock is owned by many different of retail and institutional investors. Top institutional investors include KAMES CAPITAL plc (1.01%), Pendal Group Ltd (0.14%) and Fortaleza Asset Management Inc. (0.02%). Company insiders that own Bandwidth stock include Carmichael Bandwidth Llc, Henry R Kaestner, James A Bowen and John C Murdock. View Institutional Ownership Trends for Bandwidth.

BAND stock was sold by a variety of institutional investors in the last quarter, including Pendal Group Ltd and Fortaleza Asset Management Inc.. Company insiders that have sold Bandwidth company stock in the last year include Carmichael Bandwidth Llc, Henry R Kaestner, James A Bowen and John C Murdock. View Insider Buying and Selling for Bandwidth.

BAND stock was acquired by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of BAND stock can currently be purchased for approximately $36.4650.

Bandwidth has a market capitalization of $648.90 million and generates $162.96 million in revenue each year. The company earns $5.97 million in net income (profit) each year or $0.49 on an earnings per share basis. Bandwidth employs 378 workers across the globe.

Bandwidth's mailing address is 900 MAIN CAMPUS DRIVE, RALEIGH NC, 27606. The company can be reached via phone at 800-808-5150.