NASDAQ:BAND Bandwidth Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Bandwidth Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $154.68 +4.62 (+3.08 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$151.26Now: $154.68▼$158.8150-Day Range$141.64MA: $150.12▼$165.3452-Week Range$42.61Now: $154.68▼$172.33Volume1.48 million shsAverage Volume445,977 shsMarket Capitalization$3.74 billionP/E RatioN/ADividend YieldN/ABeta0.8 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in the United States. The company operates through two segments, CPaaS and Other. Its platform enables enterprises to create, scale, and operate voice or text communications services across mobile application or connected device. The company also provides SIP trunking, data resale, and hosted voice over Internet protocol services. It serves large enterprises, small and medium-sized businesses, technology companies, and other business. Bandwidth Inc. was founded in 2000 and is headquartered in Raleigh, North Carolina.Read More Beat the Market (BTM) Rank™ 1.4 Analyst's Opinion Consensus RatingBandwidth has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $139.83, Bandwidth has a forecasted downside of 9.6% from its current price of $154.68.Amount of Analyst CoverageBandwidth has only been the subject of 4 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesBandwidth has received 376 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBandwidth has received 485 “underperform” votes. (Add your “underperform” vote.)Community SentimentBandwidth has received 56.33% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Bandwidth and other stocks. Vote “Outperform” if you believe BAND will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BAND will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldBandwidth does not currently pay a dividend.Dividend GrowthBandwidth does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bandwidth insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,507,477.00 in company stock.Percentage Held by InsidersOnly 11.05% of the stock of Bandwidth is held by insiders.Percentage Held by Institutions89.87% of the stock of Bandwidth is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Bandwidth are expected to grow in the coming year, from ($0.32) to ($0.25) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bandwidth is -151.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Bandwidth is -151.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBandwidth has a P/B Ratio of 13.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.4Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.05 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:BAND Previous Symbol CUSIPN/A CIK1514416 Webwww.bandwidth.com Phone800-808-5150Debt Debt-to-Equity Ratio0.87 Current Ratio11.85 Quick Ratio11.85Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$232.59 million Price / Sales16.07 Cash Flow$0.13 per share Price / Cash Flow1,202.61 Book Value$11.49 per share Price / Book13.46Profitability EPS (Most Recent Fiscal Year)($0.43) Net Income$2.49 million Net Margins-9.21% Return on Equity-1.42% Return on Assets-0.85%Miscellaneous Employees611 Outstanding Shares24,170,000Market Cap$3.74 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $154.68 +4.62 (+3.08 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive BAND News and Ratings via Email Sign-up to receive the latest news and ratings for BAND and its competitors with MarketBeat's FREE daily newsletter. Bandwidth (NASDAQ:BAND) Frequently Asked Questions 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 stock has increased by 164.0% and is now trading at $154.68. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Bandwidth? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bandwidth in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Bandwidth. When is Bandwidth's next earnings date? Bandwidth is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Bandwidth. How were Bandwidth's earnings last quarter? Bandwidth Inc (NASDAQ:BAND) released its quarterly earnings data on Thursday, July, 30th. The company reported $0.13 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.00 by $0.13. The company earned $76.79 million during the quarter, compared to the consensus estimate of $70.44 million. Bandwidth had a negative net margin of 9.21% and a negative return on equity of 1.42%. View Bandwidth's earnings history. What guidance has Bandwidth issued on next quarter's earnings? Bandwidth updated its FY20 earnings guidance on Thursday, July, 30th. The company provided EPS guidance of $0.05 to $0.11 for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.32). The company issued revenue guidance of $296.8 million to $298.3 million, compared to the consensus revenue estimate of $282.10 million. What price target have analysts set for BAND? 7 analysts have issued 1 year target prices for Bandwidth's shares. Their forecasts range from $99.00 to $175.00. On average, they expect Bandwidth's share price to reach $139.83 in the next year. This suggests that the stock has a possible downside of 9.6%. View analysts' price targets for Bandwidth. Who are some of Bandwidth's key competitors? Some companies that are related to Bandwidth include Slack (WORK), Nice (NICE), Black Knight (BKI), Tyler Technologies (TYL), Symantec (SYMC), HubSpot (HUBS), Mongodb (MDB), NortonLifeLock (NLOK), Cloudflare (NET), Dynatrace (DT), Temenos (TMNSF), Ceridian HCM (CDAY), UBISOFT ENTMT S/ADR (UBSFY), PTC (PTC) and Avalara (AVLR). View all 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), Micron Technology (MU), Paypal (PYPL), salesforce.com (CRM), Verizon Communications (VZ), Docusign (DOCU), Okta (OKTA) and Trade Desk (TTD). Who are Bandwidth's key executives? Bandwidth's management team includes the following people: Mr. David A. Morken, Co-Founder, CEO & Chairman (Age 50)Mr. Jeffrey A. Hoffman, Chief Financial Officer (Age 50)Mr. Scott Mullen, Chief Technology OfficerMr. Steve Leonard, Chief Operating Officer (Age 44)Mr. W. Christopher Matton, Gen. Counsel & Sec. (Age 49) 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 served 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 a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.00%), Bank of New York Mellon Corp (5.35%), Victory Capital Management Inc. (4.12%), FMR LLC (2.63%), Jennison Associates LLC (2.31%) and Macquarie Group Ltd. (2.06%). 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. Which institutional investors are selling Bandwidth stock? BAND stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Portolan Capital Management LLC, Thrivent Financial for Lutherans, Wasatch Advisors Inc., Jennison Associates LLC, Victory Capital Management Inc., No Street GP LP, and Shelter Haven Capital Management L.P.. 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, Rebecca Bottorff, and W Christopher Matton. View insider buying and selling activity for Bandwidth. Which institutional investors are buying Bandwidth stock? BAND stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Macquarie Group Ltd., Vanguard Group Inc., TimesSquare Capital Management LLC, Goldman Sachs Group Inc., Driehaus Capital Management LLC, Barclays PLC, and Moseley Investment Management Inc.. View insider buying and selling activity for Bandwidth. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Bandwidth's stock price today? One share of BAND stock can currently be purchased for approximately $154.68. How big of a company is Bandwidth? Bandwidth has a market capitalization of $3.74 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 611 workers across the globe. What is Bandwidth's official website? The official website for Bandwidth is www.bandwidth.com. 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 9/20/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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