Bandwidth Inc. (NASDAQ:BAND – Free Report) – Research analysts at Zacks Research lowered their Q1 2025 EPS estimates for shares of Bandwidth in a report released on Tuesday, April 1st. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.00 for the quarter, down from their prior forecast of $0.02. The consensus estimate for Bandwidth’s current full-year earnings is $0.22 per share. Zacks Research also issued estimates for Bandwidth’s Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at ($0.03) EPS, FY2025 earnings at $0.05 EPS and Q1 2026 earnings at $0.00 EPS.
BAND has been the topic of a number of other reports. Needham & Company LLC restated a “hold” rating on shares of Bandwidth in a research note on Friday, February 21st. Barclays reduced their price objective on Bandwidth from $25.00 to $22.00 and set an “overweight” rating for the company in a research note on Friday, February 21st. Morgan Stanley lifted their target price on Bandwidth from $17.00 to $18.00 and gave the company an “underweight” rating in a research note on Wednesday, December 18th. Finally, William Blair restated an “outperform” rating on shares of Bandwidth in a research note on Friday, February 21st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $28.33.
Bandwidth Price Performance
BAND stock opened at $13.59 on Thursday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $389.00 million, a P/E ratio of -23.84 and a beta of 1.57. The business has a 50 day simple moving average of $16.33 and a 200-day simple moving average of $17.54. Bandwidth has a twelve month low of $12.63 and a twelve month high of $25.02.
Bandwidth (NASDAQ:BAND – Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.36). The firm had revenue of $209.97 million during the quarter, compared to analysts’ expectations of $203.68 million. Bandwidth had a negative net margin of 0.87% and a positive return on equity of 0.53%. During the same period in the previous year, the firm posted $0.38 earnings per share.
Insiders Place Their Bets
In other Bandwidth news, CEO David A. Morken sold 2,777 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $17.39, for a total transaction of $48,292.03. Following the sale, the chief executive officer now owns 109,783 shares in the company, valued at approximately $1,909,126.37. This represents a 2.47 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Richard Brandon Asbill sold 9,878 shares of the business’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $15.24, for a total value of $150,540.72. Following the completion of the transaction, the general counsel now directly owns 42,475 shares of the company’s stock, valued at approximately $647,319. This trade represents a 18.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 70,510 shares of company stock worth $1,109,806. 6.20% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. Covestor Ltd acquired a new stake in Bandwidth in the 4th quarter worth about $25,000. Quarry LP boosted its position in shares of Bandwidth by 157.6% in the third quarter. Quarry LP now owns 2,035 shares of the company’s stock worth $36,000 after acquiring an additional 1,245 shares during the last quarter. New Age Alpha Advisors LLC acquired a new stake in shares of Bandwidth in the fourth quarter worth approximately $50,000. SBI Securities Co. Ltd. purchased a new stake in Bandwidth in the fourth quarter valued at approximately $69,000. Finally, one8zero8 LLC acquired a new position in Bandwidth during the fourth quarter worth approximately $170,000. Hedge funds and other institutional investors own 68.53% of the company’s stock.
About Bandwidth
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.
Recommended Stories
- Five stocks we like better than Bandwidth
- The Role Economic Reports Play in a Successful Investment Strategy
- Tesla Stock: What To Expect With Their Delivery Numbers Report
- How to Invest in Biotech Stocks
- First Watch Restaurant Group: A First-Rate Small-Cap Growth Stock
- Find and Profitably Trade Stocks at 52-Week Lows
- Rocket Lab: $5.6 Billion Defense Contract Fuels RKLB’s Future
Receive News & Ratings for Bandwidth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bandwidth and related companies with MarketBeat.com's FREE daily email newsletter.