Bandwidth Inc. (NASDAQ:BAND) Stock Now Rated “Hold” by Wall Street Brokerages

Bandwidth Inc. (NASDAQ:BAND) has received an average rating of “Hold” from the nine research firms that are presently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $59.29.

A number of analysts have recently weighed in on BAND shares. Piper Sandler boosted their price objective on shares of Bandwidth from $38.00 to $52.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 19th. Needham & Company LLC reiterated a “buy” rating on shares of Bandwidth in a report on Thursday, August 20th. B. Riley Financial increased their target price on shares of Bandwidth from $55.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Wall Street Zen upgraded Bandwidth from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Bank of America began coverage on Bandwidth in a research note on Wednesday, September 16th. They issued a “neutral” rating and a $60.00 target price for the company.

Insider Transactions at Bandwidth

In related news, COO Devesh Agarwal sold 4,869 shares of the stock in a transaction dated 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 in the company, valued at $3,889,632.70. This trade represents a 5.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Daryl Raiford sold 4,673 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $49.15, for a total transaction of $229,677.95. Following the sale, the chief financial officer directly owned 35,832 shares in the company, valued at $1,761,142.80. This represents a 11.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 25,050 shares of company stock valued at $1,228,342. 5.26% of the stock is owned by insiders.

Institutional Trading of Bandwidth

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BAND. Tidal Investments LLC acquired a new stake in shares of Bandwidth during the second quarter worth about $1,451,000. Bastion Asset Management Inc. acquired a new position in shares of Bandwidth during the first quarter worth about $6,592,000. Walleye Capital LLC acquired a new stake in shares of Bandwidth in the first quarter valued at approximately $1,069,000. Arrowstreet Capital Limited Partnership increased its stake in Bandwidth by 299.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 688,430 shares of the company’s stock valued at $12,268,000 after buying an additional 516,117 shares during the last quarter. Finally, Engineers Gate Manager LP acquired a new position in shares of Bandwidth during the 2nd quarter worth about $2,218,000. 68.53% of the stock is currently owned by institutional investors and hedge funds.

Bandwidth Price Performance

Shares of NASDAQ:BAND opened at $44.71 on Friday. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.87. Bandwidth has a 1 year low of $12.50 and a 1 year high of $79.08. The business has a fifty day simple moving average of $52.21 and a 200 day simple moving average of $50.68. The firm has a market cap of $1.44 billion, a price-to-earnings ratio of -154.17, a P/E/G ratio of 3.80 and a beta of 3.01.

Bandwidth (NASDAQ:BAND) last posted its earnings results 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 firm 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 firm’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, sell-side analysts predict that Bandwidth will post 0.65 earnings per share for the current fiscal year.

About Bandwidth

Bandwidth Inc (NASDAQ:BAND) is a cloud communications company that provides application programming interfaces (APIs) and related network services for integrating voice, messaging and emergency communications into software applications. Its platform is designed for businesses, communications providers and technology companies that need to build communications capabilities into customer-facing products and internal workflows.

The company’s offerings include programmable voice, text messaging and toll-free messaging services, as well as emergency calling capabilities through its E911 solution.