Bandwidth Inc. (NASDAQ:BAND) Receives Consensus Rating of “Hold” from Analysts

Shares of Bandwidth Inc. (NASDAQ:BAND) have been given a consensus recommendation of “Hold” by the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $20.80.

A number of research firms have commented on BAND. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Bandwidth in a research report on Wednesday. Wall Street Zen cut shares of Bandwidth from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 28th. Needham & Company LLC reissued a “buy” rating and set a $20.00 price target on shares of Bandwidth in a research report on Friday, June 13th. Finally, Wedbush reissued an “outperform” rating on shares of Bandwidth in a research report on Wednesday, September 17th.

Bandwidth Trading Down 5.1%

NASDAQ BAND opened at $15.17 on Monday. The firm’s 50-day moving average is $15.52 and its two-hundred day moving average is $14.54. Bandwidth has a 12 month low of $11.33 and a 12 month high of $23.00. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.31 and a quick ratio of 1.31. The stock has a market capitalization of $457.22 million, a P/E ratio of -44.62 and a beta of 1.92.

Bandwidth (NASDAQ:BAND) last posted its earnings results on Tuesday, July 29th. The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.06. Bandwidth had a negative net margin of 1.32% and a positive return on equity of 1.43%. The company had revenue of $180.01 million for the quarter, compared to analysts’ expectations of $178.87 million. During the same quarter in the prior year, the company posted $0.29 earnings per share. Bandwidth’s revenue for the quarter was up 3.4% compared to the same quarter last year. Bandwidth has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts anticipate that Bandwidth will post 0.22 earnings per share for the current year.

Insider Transactions at Bandwidth

In other news, CFO Daryl Raiford sold 14,143 shares of the stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $15.47, for a total transaction of $218,792.21. Following the sale, the chief financial officer owned 90,395 shares of the company’s stock, valued at approximately $1,398,410.65. This represents a 13.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Devin M. Krupka sold 7,166 shares of the stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $18.00, for a total transaction of $128,988.00. Following the sale, the insider directly owned 19,192 shares in the company, valued at $345,456. This represents a 27.19% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 73,077 shares of company stock valued at $1,139,601. 6.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Bandwidth

Several hedge funds have recently added to or reduced their stakes in BAND. Tower Research Capital LLC TRC raised its holdings in Bandwidth by 183.7% in the second quarter. Tower Research Capital LLC TRC now owns 3,776 shares of the company’s stock valued at $60,000 after acquiring an additional 2,445 shares in the last quarter. US Bancorp DE raised its holdings in Bandwidth by 11,281.3% in the first quarter. US Bancorp DE now owns 5,463 shares of the company’s stock valued at $72,000 after acquiring an additional 5,415 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new stake in Bandwidth in the first quarter valued at approximately $72,000. Raymond James Financial Inc. acquired a new stake in Bandwidth in the second quarter valued at approximately $85,000. Finally, GAMMA Investing LLC raised its holdings in Bandwidth by 16,036.6% in the first quarter. GAMMA Investing LLC now owns 6,616 shares of the company’s stock valued at $87,000 after acquiring an additional 6,575 shares in the last quarter. Institutional investors and hedge funds own 68.53% of the company’s stock.

Bandwidth Company Profile

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.