Bandwidth Inc. (NASDAQ:BAND) Receives Average Recommendation of “Hold” from Brokerages

Bandwidth Inc. (NASDAQ:BAND) has earned a consensus rating of “Hold” from the eight research firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $59.83.

Several research firms have recently commented on BAND. Bank of America began coverage on Bandwidth in a report on Wednesday, September 16th. They issued a “neutral” rating and a $60.00 price objective on the stock. Wall Street Zen cut Bandwidth from a “buy” rating to a “hold” rating in a report on Saturday, September 19th. Zacks Research lowered Bandwidth from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. Citigroup reaffirmed a “market outperform” rating on shares of Bandwidth in a research note on Monday, July 20th. Finally, Needham & Company LLC reiterated a “buy” rating on shares of Bandwidth in a research report on Thursday, August 20th.

Bandwidth Stock Performance

BAND stock opened at $61.81 on Monday. The company has a market capitalization of $1.99 billion, a PE ratio of -213.14, a price-to-earnings-growth ratio of 5.40 and a beta of 3.03. Bandwidth has a one year low of $12.50 and a one year high of $79.08. The company’s 50 day moving average price is $51.24 and its two-hundred day moving average price is $46.08. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.04 and a current ratio of 2.04.

Bandwidth (NASDAQ:BAND) last announced 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. The company had revenue of $219.90 million during the quarter, compared to analysts’ expectations of $217.62 million. Bandwidth had a net margin of 0.27% and a return on equity of 1.85%. The business’s revenue for the quarter 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. As a group, analysts predict that Bandwidth will post 0.65 earnings per share for the current fiscal year.

Insider Activity at Bandwidth

In other Bandwidth news, COO Devesh Agarwal sold 4,869 shares of the stock in a transaction on Monday, August 31st. The shares were sold at an average price of $49.15, for a total transaction of $239,311.35. Following the completion of the sale, the chief operating officer owned 79,138 shares of the company’s stock, valued at $3,889,632.70. This represents a 5.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO David Morken sold 5,128 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $49.15, for a total transaction of $252,041.20. Following the completion of the sale, the chief executive officer directly owned 6,702 shares in the company, valued at approximately $329,403.30. This trade represents a 43.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 23,550 shares of company stock worth $1,154,782 over the last ninety days. Insiders own 5.26% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. UBS Group AG increased its stake in shares of Bandwidth by 189.2% during the fourth quarter. UBS Group AG now owns 205,300 shares of the company’s stock valued at $3,172,000 after buying an additional 134,309 shares during the period. Bastion Asset Management Inc. bought a new position in shares of Bandwidth during the first quarter valued at approximately $6,592,000. Walleye Capital LLC purchased a new stake in Bandwidth in the first quarter worth $1,069,000. Tidal Investments LLC purchased a new stake in Bandwidth in the second quarter worth $1,451,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Bandwidth by 299.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 688,430 shares of the company’s stock valued at $12,268,000 after acquiring an additional 516,117 shares in the last quarter. Institutional investors own 68.53% of the company’s stock.

Bandwidth Company Profile

Bandwidth Inc is a cloud communications company that provides application programming interfaces (APIs) and communications services for businesses, software developers and service providers. Its platform enables organizations to integrate voice calling, text messaging and other communications capabilities into applications, websites and business workflows.

The company’s offerings include voice and messaging APIs, toll-free and local telephone numbers, emergency communications and 911 access, authentication and related communications tools.