Bandwidth Inc. (NASDAQ:BAND) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Bandwidth Inc. (NASDAQ:BAND) have earned an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $61.75.

BAND has been the topic of a number of research analyst reports. Citizens Jmp upped their price target 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. Needham & Company LLC lifted their price objective 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 downgraded shares of Bandwidth from a “strong-buy” rating to a “buy” rating in a research note on Sunday, June 28th. Zacks Research lowered shares of Bandwidth from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. Finally, Weiss Ratings upgraded Bandwidth from a “sell (d-)” rating to a “hold (c-)” rating in a report on Friday, July 31st.

Insider Activity

In related news, CFO Daryl E. Raiford sold 4,228 shares of Bandwidth stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $64.15, for a total value of $271,226.20. Following the completion of the sale, the chief financial officer directly owned 42,919 shares in the company, valued at $2,753,253.85. The trade was a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Kade Ross sold 20,000 shares of the stock in a transaction dated 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 transaction, the insider owned 43,894 shares in the company, valued at approximately $2,263,174.64. The trade was a 31.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 107,844 shares of company stock valued at $6,449,671. Company insiders own 5.26% of the company’s stock.

Institutional Trading of Bandwidth

Several hedge funds and other institutional investors have recently bought and sold shares of BAND. Tower Research Capital LLC TRC raised its position 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 acquiring an additional 2,445 shares in the last quarter. Raymond James Financial Inc. bought a new position in Bandwidth in the second quarter worth about $85,000. Quantbot Technologies LP purchased a new stake in shares of Bandwidth during the second quarter valued at about $128,000. State of Wyoming boosted its holdings in shares of Bandwidth by 104.6% in the 4th quarter. State of Wyoming now owns 8,756 shares of the company’s stock valued at $135,000 after buying an additional 4,476 shares in the last quarter. Finally, Harbor Capital Advisors Inc. boosted its holdings 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 valued at $157,000 after buying an additional 2,634 shares in the last quarter. Institutional investors own 68.53% of the company’s stock.

Bandwidth Price Performance

Shares of BAND stock opened at $44.69 on Friday. Bandwidth has a 52-week low of $12.50 and a 52-week high of $79.08. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.04 and a current ratio of 2.04. The firm has a market capitalization of $1.43 billion, a P/E ratio of -154.10 and a beta of 2.96. The stock has a 50 day moving average price of $60.21 and a 200 day moving average price of $36.73.

Bandwidth (NASDAQ:BAND) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. Bandwidth had a return on equity of 1.85% and a net margin of 0.27%.The company had revenue of $219.90 million during the quarter, compared to analysts’ expectations of $217.62 million. The company’s revenue was up 22.2% on a year-over-year basis. Bandwidth has set its Q3 2026 guidance at 0.450-0.490 EPS and its FY 2026 guidance at 1.710-1.790 EPS. As a group, sell-side analysts predict that Bandwidth will post 0.65 earnings per share 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.