Zacks Research Brokers Lift Earnings Estimates for Bandwidth

Bandwidth Inc. (NASDAQ:BAND) – Investment analysts at Zacks Research raised their FY2026 earnings per share estimates for shares of Bandwidth in a research note issued on Monday, November 25th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.47 per share for the year, up from their prior estimate of $0.45. The consensus estimate for Bandwidth’s current full-year earnings is $0.08 per share.

A number of other research firms have also recently weighed in on BAND. Barclays decreased their price target on Bandwidth from $28.00 to $25.00 and set an “overweight” rating for the company in a report on Friday, August 2nd. Needham & Company LLC restated a “hold” rating on shares of Bandwidth in a report on Friday, November 1st. JMP Securities restated a “market outperform” rating and issued a $36.00 price target on shares of Bandwidth in a report on Tuesday, August 27th. Finally, Robert W. Baird upped their price target on Bandwidth from $19.00 to $22.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Bandwidth currently has a consensus rating of “Hold” and a consensus target price of $28.33.

Bandwidth Stock Up 1.6 %

NASDAQ BAND opened at $21.61 on Thursday. The stock has a market cap of $594.49 million, a PE ratio of -23.24 and a beta of 1.50. Bandwidth has a fifty-two week low of $10.60 and a fifty-two week high of $25.02. The business has a 50 day moving average price of $18.42 and a two-hundred day moving average price of $18.34. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.83.

Bandwidth (NASDAQ:BAND) last issued its earnings results on Thursday, October 31st. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.11. The business had revenue of $193.90 million during the quarter, compared to analysts’ expectations of $182.05 million. Bandwidth had a negative return on equity of 0.89% and a negative net margin of 2.23%. The company’s revenue for the quarter was up 27.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.03 EPS.

Insider Buying and Selling at Bandwidth

In related news, CFO Daryl Raiford sold 4,350 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $16.97, for a total transaction of $73,819.50. Following the sale, the chief financial officer now directly owns 71,546 shares of the company’s stock, valued at approximately $1,214,135.62. This represents a 5.73 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 4,455 shares of company stock valued at $75,786 in the last three months. Corporate insiders own 6.20% of the company’s stock.

Institutional Investors Weigh In On Bandwidth

Several large investors have recently added to or reduced their stakes in BAND. Innealta Capital LLC acquired a new stake in Bandwidth in the second quarter worth $30,000. nVerses Capital LLC increased its position in Bandwidth by 80.0% in the third quarter. nVerses Capital LLC now owns 1,800 shares of the company’s stock worth $32,000 after buying an additional 800 shares during the period. Redwood Wealth Management Group LLC acquired a new stake in Bandwidth in the second quarter worth $35,000. Quarry LP increased its position in Bandwidth by 157.6% in the third quarter. Quarry LP now owns 2,035 shares of the company’s stock worth $36,000 after buying an additional 1,245 shares during the period. Finally, Daiwa Securities Group Inc. acquired a new stake in Bandwidth in the second quarter worth $57,000. 68.53% of the stock is owned by institutional investors and hedge funds.

Bandwidth Company Profile

Bandwidth is a leading enterprise cloud communications company. Companies like Cisco, Google, Microsoft, RingCentral, Uber, and Zoom use Bandwidth’s APIs to easily embed voice, messaging, and emergency services into software and applications. Bandwidth is the first and only CPaaS provider offering a robust selection of communications APIs built around their own IP voice network.