Bandwidth Inc. (NASDAQ:BAND) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Bandwidth Inc. (NASDAQ:BAND) have been assigned an average rating of “Moderate Buy” from the eight brokerages that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $59.80.

Several research analysts recently commented on the company. B. Riley Financial increased their price objective on Bandwidth from $55.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Piper Sandler lifted their target price on shares of Bandwidth from $38.00 to $52.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 19th. Zacks Research cut shares of Bandwidth from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Citizens Jmp upped their target price on shares of Bandwidth from $70.00 to $86.00 and gave the stock a “market outperform” rating in a report on Monday, July 20th. Finally, Citigroup reiterated a “market outperform” rating on shares of Bandwidth in a report on Monday, July 20th.

Bandwidth Trading Down 1.2%

BAND stock opened at $48.43 on Thursday. Bandwidth has a 12-month low of $12.50 and a 12-month high of $79.08. The business’s 50-day moving average is $56.46 and its 200 day moving average is $41.13. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.87. The stock has a market cap of $1.56 billion, a price-to-earnings ratio of -167.00 and a beta of 2.96.

Bandwidth (NASDAQ:BAND) last announced its earnings results on Wednesday, July 29th. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The business had revenue of $219.90 million during the quarter, compared to analysts’ expectations of $217.62 million. Bandwidth had a return on equity of 1.85% and a net margin of 0.27%.The company’s revenue was up 22.2% compared to the same quarter last year. Bandwidth has set its Q3 2026 guidance at 0.450-0.490 EPS and its FY 2026 guidance at 1.710-1.790 EPS. On average, sell-side analysts anticipate that Bandwidth will post 0.65 EPS for the current fiscal year.

Insider Transactions at Bandwidth

In other news, General Counsel Richard Brandon Asbill sold 29,214 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $72.03, for a total value of $2,104,284.42. Following the transaction, the general counsel owned 3,000 shares of the company’s stock, valued at $216,090. This represents a 90.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Lukas M. Roush sold 1,500 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $47.35, for a total transaction of $71,025.00. Following the completion of the transaction, the director directly owned 58,436 shares in the company, valued at $2,766,944.60. The trade was a 2.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 5.26% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BAND. Tower Research Capital LLC TRC lifted its stake in Bandwidth by 183.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,776 shares of the company’s stock worth $60,000 after acquiring an additional 2,445 shares in the last quarter. TD Waterhouse Canada Inc. acquired a new position in Bandwidth during the 2nd quarter worth approximately $70,000. Raymond James Financial Inc. purchased a new stake in shares of Bandwidth in the 2nd quarter valued at approximately $85,000. Quantbot Technologies LP acquired a new stake in Bandwidth in the second quarter valued at $128,000. Finally, State of Wyoming lifted its stake in Bandwidth by 104.6% during the fourth quarter. State of Wyoming now owns 8,756 shares of the company’s stock worth $135,000 after purchasing an additional 4,476 shares during the last quarter. 68.53% of the stock is currently owned by institutional investors and hedge funds.

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.