Analysts Set Bandwidth Inc. (NASDAQ:BAND) Target Price at $43.25

Bandwidth Inc. (NASDAQ:BAND) has been given a consensus recommendation of “Moderate Buy” by the seven research firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $57.75.

Several research analysts have recently issued reports on the stock. Citizens Jmp boosted their price objective on shares of Bandwidth from $45.00 to $70.00 and gave the stock a “market outperform” rating in a report on Friday, May 15th. Zacks Research downgraded Bandwidth from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. B. Riley Financial boosted their price target on Bandwidth from $55.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday. Citigroup reiterated an “outperform” rating on shares of Bandwidth in a research report on Thursday, April 30th. Finally, Wall Street Zen lowered Bandwidth from a “strong-buy” rating to a “buy” rating in a report on Sunday, June 28th.

Insider Transactions at Bandwidth

In other news, General Counsel Richard Brandon Asbill sold 29,214 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $72.03, for a total transaction of $2,104,284.42. Following the completion of the transaction, the general counsel directly owned 3,000 shares of the company’s stock, valued at approximately $216,090. This trade represents a 90.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David A. Morken sold 4,632 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $58.85, for a total transaction of $272,593.20. Following the completion of the sale, the chief executive officer directly owned 7,198 shares in the company, valued at approximately $423,602.30. The trade was a 39.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 127,269 shares of company stock valued at $7,192,523 over the last 90 days. Corporate insiders own 5.26% of the company’s stock.

Institutional Investors Weigh In On Bandwidth

Large investors have recently modified their holdings of the stock. Deutsche Bank AG raised its holdings in shares of Bandwidth by 6.0% in the 4th quarter. Deutsche Bank AG now owns 18,343 shares of the company’s stock worth $283,000 after buying an additional 1,043 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in Bandwidth by 2.1% in the third quarter. Mercer Global Advisors Inc. ADV now owns 53,681 shares of the company’s stock valued at $895,000 after acquiring an additional 1,129 shares during the period. Franklin Resources Inc. raised its stake in Bandwidth by 3.6% during the fourth quarter. Franklin Resources Inc. now owns 58,141 shares of the company’s stock worth $898,000 after acquiring an additional 2,043 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in Bandwidth by 8.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 29,896 shares of the company’s stock worth $462,000 after acquiring an additional 2,250 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Bandwidth by 183.7% during 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 during the period. 68.53% of the stock is currently owned by institutional investors.

Bandwidth Stock Performance

Shares of NASDAQ BAND opened at $75.48 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $58.65 and its two-hundred day moving average is $30.91. The company has a market cap of $2.42 billion, a P/E ratio of -198.63 and a beta of 2.92. 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 earnings per share for the quarter, beating 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 company 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, equities analysts expect that Bandwidth will post 0.55 EPS for the current year.

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.