S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Greek authorities rescue 91 migrants from river islet on border with Turkey
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Avoid the upcoming bloodbath (Ad)
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Greek authorities rescue 91 migrants from river islet on border with Turkey
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Avoid the upcoming bloodbath (Ad)
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Greek authorities rescue 91 migrants from river islet on border with Turkey
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Avoid the upcoming bloodbath (Ad)
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Greek authorities rescue 91 migrants from river islet on border with Turkey
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Avoid the upcoming bloodbath (Ad)
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
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
374,396 shs
Market Capitalization
$309.31 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
0.25mentions of Bandwidth in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$785 Sold 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.

2.11 out of 5 stars

Computer And Technology Sector

305th out of 606 stocks

Prepackaged Software Industry

90th 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

The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
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
6/04/2023
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
$579.63 million
Cash Flow
$1.75 per share
Book Value
$11.32 per share

Miscellaneous

Free Float
24,080,000
Market Cap
$309.31 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 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 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 analysts have issued twelve-month price targets for Bandwidth's shares. Their BAND share price forecasts range from $14.00 to $34.00. On average, they anticipate the company's share 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 shares have 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 in 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. Approximately 7.8% of the company's stock 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) issued its quarterly earnings results on Thursday, February, 23rd. The company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. The company earned $157 million during the quarter, compared to analysts' expectations of $146.96 million. Bandwidth had a negative trailing twelve-month return on equity of 1.69% and a net margin of 5.17%. The firm's quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.09 earnings per share.

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

Bandwidth issued an update on its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided 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 $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 retail and institutional investors. Top institutional shareholders 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 $309.31 million and generates $579.63 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 6/4/2023 by MarketBeat.com Staff

My Account -