Log in

NASDAQ:BANDBandwidth Stock Price, Forecast & News

$132.26
+1.23 (+0.94 %)
(As of 07/2/2020 04:00 PM ET)
Add
Compare
Today's Range
$131.72
Now: $132.26
$134.93
50-Day Range
$104.71
MA: $116.61
$131.03
52-Week Range
$42.61
Now: $132.26
$134.93
Volume595,176 shs
Average Volume477,650 shs
Market Capitalization$3.16 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.8
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
Bandwidth logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.25 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
Current SymbolNASDAQ:BAND
CUSIPN/A
Phone800-808-5150

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$232.59 million
Cash Flow$0.13 per share
Book Value$11.49 per share

Profitability

Net Income$2.49 million

Miscellaneous

Employees611
Market Cap$3.16 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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 COVID-19 (Coronavirus)?

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 shares have increased by 125.7% and is now trading at $132.26. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Bandwidth?

8 Wall Street 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, 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, July 29th 2020. View our earnings forecast for Bandwidth.

How were Bandwidth's earnings last quarter?

Bandwidth Inc (NASDAQ:BAND) released its quarterly earnings results on Thursday, April, 30th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.15. The business earned $68.50 million during the quarter, compared to analyst estimates of $63.29 million. Bandwidth had a negative return on equity of 2.67% and a negative net margin of 0.22%. The business's revenue was up 28.5% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.12) earnings per share. View Bandwidth's earnings history.

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

Bandwidth issued an update on its FY20 earnings guidance on Thursday, April, 30th. The company provided earnings per share (EPS) guidance of $(0.03)-0.03 for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.32). The company issued revenue guidance of $281.6-283.1 million, compared to the consensus revenue estimate of $270.82 million.

What price target have analysts set for BAND?

8 analysts have issued 1-year price objectives for Bandwidth's stock. Their forecasts range from $90.00 to $130.00. On average, they expect Bandwidth's stock price to reach $108.43 in the next year. This suggests that the stock has a possible downside of 18.0%. View analysts' price targets for Bandwidth.

Has Bandwidth been receiving favorable news coverage?

Headlines about BAND stock have been trending somewhat negative recently, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Bandwidth earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Bandwidth.

Who are some of Bandwidth's key 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), GW Pharmaceuticals PLC- (GWPH), Twilio (TWLO), Micron Technology (MU), Paycom Software (PAYC), Alibaba Group (BABA), Okta (OKTA), Splunk (SPLK), Tesla (TSLA) and Coupa Software (COUP).

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 Officer
  • Mr. 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 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 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."

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 $132.26.

How big of a company is Bandwidth?

Bandwidth has a market capitalization of $3.16 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 7/3/2020 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. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.