Bandwidth Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bandwidth in the last twelve months. There are currently 1 sell rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Bandwidth stock.
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Bandwidth is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for Bandwidth.

Bandwidth Inc. (NASDAQ:BAND) released its earnings results on Wednesday, February, 24th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.04 by $0.09. Bandwidth had a negative net margin of 8.90% and a positive trailing twelve-month return on equity of 0.86%.
View Bandwidth's earnings history.

Bandwidth's stock was trading at $58.60 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BAND stock has increased by 175.0% and is now trading at $161.17.
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Bandwidth issued an update on its FY21 earnings guidance on Thursday, February, 25th. The company provided earnings per share (EPS) guidance of $0.02-0.12 for the period, compared to the Thomson Reuters consensus estimate of ($0.01). The company issued revenue guidance of $460.4-464.4 million, compared to the consensus revenue estimate of $342.22 million.

9 Wall Street analysts have issued 12-month target prices for Bandwidth's shares. Their forecasts range from $100.00 to $225.00. On average, they anticipate Bandwidth's share price to reach $181.00 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price.
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112 employees have rated Bandwidth CEO David Morken on Glassdoor.com. David Morken has an approval rating of 86% among Bandwidth's employees.

Some companies that are related to Bandwidth include PTC (PTC), NICE (NICE), Dynatrace (DT), Avalara (AVLR), Bill.com (BILL), Ceridian HCM (CDAY), Kingsoft Cloud (KC), Nuance Communications (NUAN), Black Knight (BKI), Appian (APPN), NortonLifeLock (NLOK), Bentley Systems (BSY), Elastic (ESTC), Paylocity (PCTY) and Ubisoft Entertainment (UBSFY).
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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).

(BAND) raised $84 million in an initial public offering 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.

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

Bandwidth's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.57%), Bank of New York Mellon Corp (5.25%), Victory Capital Management Inc. (4.60%), Clearbridge Investments LLC (3.26%), JPMorgan Chase & Co. (3.15%) and Jennison Associates LLC (1.86%). 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.

BAND stock was sold by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Renaissance Technologies LLC, Wells Fargo & Company MN, Credit Suisse AG, Jennison Associates LLC, Squarepoint Ops LLC, Royce & Associates LP, and Sei Investments Co.. 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, Lukas M Roush, Rebecca Bottorff, and W Christopher Matton.
View insider buying and selling activity for Bandwidth or view top insider-selling stocks.

BAND stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Victory Capital Management Inc., Vista Equity Partners Management LLC, Morgan Stanley, Kornitzer Capital Management Inc. KS, Clearbridge Investments LLC, and Monarch Partners Asset Management LLC.
View insider buying and selling activity for Bandwidth or or view top insider-buying stocks.

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.
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One share of BAND stock can currently be purchased for approximately $161.17.

Bandwidth has a market capitalization of $4.01 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 772 workers across the globe.

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

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

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]