Bandwidth Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bandwidth in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Bandwidth stock.
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Bandwidth is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Bandwidth.

Bandwidth Inc. (NASDAQ:BAND) released its earnings results on Wednesday, February, 24th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.09. The firm earned $113.05 million during the quarter, compared to analysts' expectations of $96.61 million. Bandwidth had a positive trailing twelve-month return on equity of 0.86% and a negative net margin of 8.90%.
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. Since then, BAND stock has increased by 119.4% and is now trading at $128.56.
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Bandwidth issued an update on its FY21 earnings guidance on Thursday, February, 25th. The company provided 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.

8 equities research analysts have issued 1-year price targets for Bandwidth's shares. Their forecasts range from $140.00 to $227.00. On average, they anticipate Bandwidth's share price to reach $192.86 in the next twelve months. This suggests a possible upside of 50.0% 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 Bentley Systems (BSY), NortonLifeLock (NLOK), Avalara (AVLR), Black Knight (BKI), Dropbox (DBX), Elastic (ESTC), Temenos (TMNSF), Paylocity (PCTY), Ubisoft Entertainment (UBSFY), Kingsoft Cloud (KC), Appian (APPN), RealPage (RP), Guidewire Software (GWRE), Konami (KNMCY) and Anaplan (PLAN).
View all of BAND's competitors.

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 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.

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

Bandwidth's stock is owned by a number of institutional and retail investors. Top institutional investors include Parcion Private Wealth LLC (0.63%). 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 purchased by a variety of institutional investors in the last quarter, including Parcion Private Wealth LLC.
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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 $128.56.

Bandwidth has a market capitalization of $3.21 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 960 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]