Brokerages Set Bandwidth Inc. (NASDAQ:BAND) PT at $43.25

Shares of Bandwidth Inc. (NASDAQ:BAND) have earned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $43.25.

BAND has been the subject of a number of analyst reports. Zacks Research raised shares of Bandwidth from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Wall Street Zen lowered shares of Bandwidth from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Citigroup restated an “outperform” rating on shares of Bandwidth in a research note on Thursday, April 30th. Needham & Company LLC upped their target price on shares of Bandwidth from $45.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Bandwidth in a research note on Monday, April 20th.

Bandwidth Stock Performance

NASDAQ:BAND opened at $50.84 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a 50-day moving average of $45.17 and a two-hundred day moving average of $25.54. The stock has a market cap of $1.63 billion, a P/E ratio of -133.79 and a beta of 2.93. Bandwidth has a 1-year low of $12.50 and a 1-year high of $75.98.

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 analysts’ consensus estimates of $0.32 by $0.06. The company had revenue of $208.78 million during the quarter, compared to analysts’ expectations 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 expect that Bandwidth will post 0.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, COO Devesh Agarwal sold 4,066 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 value of $239,284.10. Following the sale, the chief operating officer owned 68,579 shares in the company, valued at approximately $4,035,874.15. This represents a 5.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Devin M. Krupka sold 1,198 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 $70,502.30. Following the completion of the sale, the insider owned 26,371 shares in the company, valued at approximately $1,551,933.35. This trade represents a 4.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 127,269 shares of company stock worth $7,192,523. Company insiders own 5.26% of the company’s stock.

Institutional Investors Weigh In On Bandwidth

A number of institutional investors have recently modified their holdings of the stock. UBS Group AG raised its stake in Bandwidth by 189.2% during the fourth quarter. UBS Group AG now owns 205,300 shares of the company’s stock worth $3,172,000 after acquiring an additional 134,309 shares during the period. Nano Cap New Millennium Growth Fund L P acquired a new stake in Bandwidth during the fourth quarter worth about $1,622,000. GSA Capital Partners LLP acquired a new stake in Bandwidth during the third quarter worth about $1,100,000. Portolan Capital Management LLC raised its stake in Bandwidth by 115.8% during the third quarter. Portolan Capital Management LLC now owns 745,802 shares of the company’s stock worth $12,433,000 after acquiring an additional 400,231 shares during the period. Finally, Walleye Capital LLC acquired a new stake in Bandwidth during the first quarter worth about $1,069,000. Institutional investors and hedge funds own 68.53% of the company’s stock.

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.