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

Shares of Bandwidth Inc. (NASDAQ:BAND) have earned an average rating of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $61.75.

A number of research analysts have commented on the company. Citizens Jmp upped their price target on Bandwidth from $70.00 to $86.00 and gave the company a “market outperform” rating in a research report on Monday, July 20th. B. Riley Financial lifted their price objective on Bandwidth from $55.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Weiss Ratings raised Bandwidth from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. Citigroup restated a “market outperform” rating on shares of Bandwidth in a report on Monday, July 20th. Finally, Needham & Company LLC raised their price target on Bandwidth from $45.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th.

Insider Buying and Selling at Bandwidth

In other news, CEO David A. Morken sold 4,632 shares of Bandwidth 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 sale, the chief executive officer owned 7,198 shares of the company’s stock, valued at approximately $423,602.30. The trade was a 39.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Kade Ross sold 20,000 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were 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 $2,263,174.64. This represents a 31.30% 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. In the last quarter, insiders sold 107,844 shares of company stock worth $6,449,671. 5.26% of the stock is owned by corporate insiders.

Institutional Trading of Bandwidth

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC grew its holdings in shares of 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 during the period. Raymond James Financial Inc. bought a new position in shares of Bandwidth in the 2nd quarter worth approximately $85,000. Quantbot Technologies LP purchased a new position in shares of Bandwidth in the 2nd quarter valued at approximately $128,000. State of Wyoming lifted its stake 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 purchasing an additional 4,476 shares during the period. Finally, Harbor Capital Advisors Inc. boosted its position in shares of Bandwidth by 35.1% during the fourth quarter. Harbor Capital Advisors Inc. now owns 10,143 shares of the company’s stock valued at $157,000 after purchasing an additional 2,634 shares in the last quarter. 68.53% of the stock is currently owned by hedge funds and other institutional investors.

Bandwidth Price Performance

Shares of Bandwidth stock opened at $49.96 on Friday. The company’s fifty day simple moving average is $59.91 and its two-hundred day simple moving average is $36.83. Bandwidth has a 12-month low of $12.50 and a 12-month high of $79.08. The firm has a market cap of $1.61 billion, a PE ratio of -172.28 and a beta of 2.96. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.87.

Bandwidth (NASDAQ:BAND) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. The firm had revenue of $219.90 million during the quarter, compared to the consensus estimate of $217.62 million. Bandwidth had a net margin of 0.27% and a return on equity of 1.85%. The firm’s revenue for the quarter 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, equities analysts expect that Bandwidth will post 0.65 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.