Bandwidth Inc. (NASDAQ:BAND) Receives $43.25 Average Price Target from Analysts

Shares of Bandwidth Inc. (NASDAQ:BAND) have been assigned an average rating of “Moderate Buy” from the seven research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $57.75.

Several equities analysts recently commented on BAND shares. B. Riley Financial upped their price target on shares of Bandwidth from $55.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday. Needham & Company LLC lifted their price target on shares of Bandwidth from $45.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Wall Street Zen cut shares of Bandwidth from a “strong-buy” rating to a “buy” rating in a research note on Sunday, June 28th. Zacks Research downgraded Bandwidth from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Finally, Citizens Jmp increased their target price on Bandwidth from $45.00 to $70.00 and gave the stock a “market outperform” rating in a research report on Friday, May 15th.

Insider Activity

In other Bandwidth news, COO Devesh Agarwal sold 4,066 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $58.85, for a total transaction of $239,284.10. Following the completion of the sale, the chief operating officer directly owned 68,579 shares in the company, valued at $4,035,874.15. This represents a 5.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Kade Ross sold 1,588 shares of the firm’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $58.85, for a total value of $93,453.80. Following the completion of the transaction, the insider owned 47,996 shares in the company, valued at approximately $2,824,564.60. This trade represents a 3.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 127,269 shares of company stock valued at $7,192,523 in the last 90 days. 5.26% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Rhumbline Advisers grew its stake in Bandwidth by 15.0% during the second quarter. Rhumbline Advisers now owns 40,927 shares of the company’s stock worth $651,000 after buying an additional 5,324 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Bandwidth in the second quarter worth $128,000. Arrowstreet Capital Limited Partnership raised its stake in shares of Bandwidth by 26.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 373,153 shares of the company’s stock valued at $5,933,000 after acquiring an additional 78,360 shares during the period. Invesco Ltd. raised its stake in shares of Bandwidth by 4.7% in the 2nd quarter. Invesco Ltd. now owns 56,367 shares of the company’s stock valued at $896,000 after acquiring an additional 2,532 shares during the period. Finally, Jump Financial LLC acquired a new position in shares of Bandwidth during the 2nd quarter valued at $221,000. Hedge funds and other institutional investors own 68.53% of the company’s stock.

Bandwidth Price Performance

Shares of NASDAQ:BAND opened at $75.48 on Wednesday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.37. The firm has a market cap of $2.42 billion, a price-to-earnings ratio of -198.63 and a beta of 2.92. The stock’s 50-day moving average price is $58.65 and its two-hundred day moving average price is $31.02. Bandwidth has a 12-month low of $12.50 and a 12-month high of $79.08.

Bandwidth (NASDAQ:BAND) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.06. The company had revenue of $208.78 million during the quarter, compared to the consensus estimate of $201.58 million. Bandwidth had a negative net margin of 0.64% and a positive return on equity of 1.47%. Bandwidth has set its FY 2026 guidance at 1.770-1.830 EPS and its Q2 2026 guidance at 0.350-0.370 EPS. On average, research analysts forecast that Bandwidth will post 0.55 EPS for the current year.

About Bandwidth

Bandwidth Inc operates a cloud-based communications platform that provides voice, messaging and emergency services APIs for enterprises and developers. Through its proprietary network and software-as-a-service model, the company enables customers to integrate programmable voice calls, text messaging and 9-1-1 routing into their applications. Bandwidth’s solutions aim to reduce complexity and improve reliability in mission-critical communications, serving industries such as healthcare, financial services, on-demand mobility and customer engagement.

Founded in 1999 in Raleigh, North Carolina by co-founders David Morken and Henry Kaestner, Bandwidth initially focused on voice-over-IP infrastructure before evolving into a full communications API provider.