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

Shares of Bandwidth Inc. (NASDAQ:BAND) have been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $43.25.

Several equities analysts recently issued reports on the stock. B. Riley Financial boosted their price target on shares of Bandwidth from $20.00 to $27.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Wall Street Zen upgraded shares of Bandwidth from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Citigroup reiterated an “outperform” rating on shares of Bandwidth in a research report on Thursday, April 30th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Bandwidth in a research report on Monday, April 20th. Finally, Zacks Research upgraded shares of Bandwidth from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th.

Bandwidth Stock Performance

NASDAQ BAND opened at $51.39 on Friday. Bandwidth has a fifty-two week low of $12.50 and a fifty-two week high of $75.98. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a 50 day simple moving average of $46.51 and a two-hundred day simple moving average of $25.98. The stock has a market cap of $1.65 billion, a P/E ratio of -135.24 and a beta of 2.93.

Bandwidth (NASDAQ:BAND) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.06. Bandwidth had a positive return on equity of 1.47% and a negative net margin of 0.64%.The business had revenue of $208.78 million during the quarter, compared to analysts’ expectations of $201.58 million. 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, analysts forecast that Bandwidth will post 0.55 earnings per share for the current year.

Insider Buying and Selling at Bandwidth

In other Bandwidth news, insider Kade Ross sold 20,000 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $51.56, for a total transaction of $1,031,200.00. Following the completion of the transaction, the insider owned 43,894 shares of the company’s stock, valued at approximately $2,263,174.64. This trade represents a 31.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO David A. Morken sold 4,632 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $58.85, for a total value of $272,593.20. Following the transaction, the chief executive officer directly owned 7,198 shares of the company’s stock, valued at $423,602.30. This represents a 39.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 127,269 shares of company stock valued at $7,192,523. Company insiders own 5.26% of the company’s stock.

Hedge Funds Weigh In On Bandwidth

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its stake in shares of Bandwidth by 183.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,776 shares of the company’s stock worth $60,000 after buying an additional 2,445 shares during the last quarter. State of Wyoming purchased a new stake in shares of Bandwidth in the 3rd quarter worth approximately $71,000. Raymond James Financial Inc. purchased a new stake in shares of Bandwidth in the 2nd quarter worth approximately $85,000. Quantbot Technologies LP purchased a new stake in shares of Bandwidth in the 2nd quarter worth approximately $128,000. Finally, Harbor Capital Advisors Inc. grew its stake in shares of Bandwidth by 35.1% in the 4th quarter. Harbor Capital Advisors Inc. now owns 10,143 shares of the company’s stock worth $157,000 after buying an additional 2,634 shares during the last quarter. Hedge funds and other institutional investors own 68.53% of the company’s stock.

Bandwidth Company Profile

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.