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

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

Several research firms have commented on BAND. Citizens Jmp raised their target price on shares of Bandwidth from $70.00 to $86.00 and gave the company a “market outperform” rating in a research note on Monday, July 20th. Zacks Research lowered shares of Bandwidth from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Citigroup reiterated a “market outperform” rating on shares of Bandwidth in a research note on Monday, July 20th. Bank of America began coverage on Bandwidth in a report on Wednesday, September 16th. They set a “neutral” rating and a $60.00 target price on the stock. Finally, B. Riley Financial increased their price target on Bandwidth from $55.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, July 9th.

Insiders Place Their Bets

In related news, CFO Daryl Raiford sold 4,673 shares of the firm’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 completion of the transaction, the chief financial officer owned 35,832 shares of the company’s stock, valued at $1,761,142.80. This trade represents a 11.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Kade Ross sold 1,616 shares of Bandwidth stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $49.15, for a total value of $79,426.40. Following the transaction, the insider directly owned 48,071 shares in the company, valued at approximately $2,362,689.65. The trade was a 3.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 23,550 shares of company stock valued at $1,154,782. 5.26% of the stock is currently owned by insiders.

Institutional Trading of Bandwidth

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. TD Waterhouse Canada Inc. purchased a new position in Bandwidth in the 2nd quarter worth about $70,000. Integrated Wealth Concepts LLC purchased a new stake in Bandwidth during the second quarter valued at about $94,000. Corient Private Wealth LP acquired a new position in shares of Bandwidth in the second quarter worth about $238,000. Diversified Trust Co acquired a new position in shares of Bandwidth in the first quarter worth about $184,000. Finally, IMC Chicago LLC purchased a new position in shares of Bandwidth in the first quarter worth approximately $218,000. 68.53% of the stock is currently owned by institutional investors.

Bandwidth Price Performance

NASDAQ BAND opened at $61.81 on Monday. Bandwidth has a 52 week low of $12.50 and a 52 week high of $79.08. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.87. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of -213.14, a price-to-earnings-growth ratio of 5.40 and a beta of 3.03. The company has a 50-day moving average price of $51.24 and a two-hundred day moving average price of $45.87.

Bandwidth (NASDAQ:BAND) last posted its earnings results 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 for the quarter, compared to analysts’ expectations of $217.62 million. Bandwidth had a return on equity of 1.85% and a net margin of 0.27%.Bandwidth’s quarterly 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. Analysts forecast that Bandwidth will post 0.65 EPS for the current year.

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.