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

Shares of Bandwidth Inc. (NASDAQ:BAND) have received a consensus rating of “Hold” from the nine ratings firms that are presently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $59.29.

BAND has been the subject of several analyst reports. Citizens Jmp upped their target price on Bandwidth from $70.00 to $86.00 and gave the company a “market outperform” rating in a report on Monday, July 20th. Morgan Stanley began coverage on Bandwidth in a research note on Friday, October 16th. They issued an “equal weight” rating and a $56.00 price target on the stock. Citigroup restated a “market outperform” rating on shares of Bandwidth in a report on Monday, July 20th. Needham & Company LLC reaffirmed a “buy” rating on shares of Bandwidth in a research note on Thursday, August 20th. Finally, B. Riley Financial raised their target price on shares of Bandwidth from $55.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, July 9th.

Insider Activity at Bandwidth

In related news, CFO Daryl E. Raiford sold 4,673 shares of the company’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 $229,677.95. Following the transaction, the chief financial officer directly owned 35,832 shares of the company’s stock, valued at approximately $1,761,142.80. The trade was a 11.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Rebecca Bottorff sold 2,713 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $49.15, for a total value of $133,343.95. Following the sale, the insider owned 10,704 shares of the company’s stock, valued at approximately $526,101.60. This represents a 20.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 25,050 shares of company stock worth $1,228,342. Insiders own 5.26% of the company’s stock.

Institutional Trading of Bandwidth

Large investors have recently modified their holdings of the company. Sterling Capital Management LLC lifted its holdings in shares of Bandwidth by 850.0% during the third quarter. Sterling Capital Management LLC now owns 988 shares of the company’s stock worth $60,000 after buying an additional 884 shares during the last quarter. State of Alaska Department of Revenue increased its position in Bandwidth by 43.1% during the third quarter. State of Alaska Department of Revenue now owns 1,262 shares of the company’s stock worth $76,000 after acquiring an additional 380 shares during the period. Tidal Investments LLC acquired a new position in Bandwidth during the 2nd quarter valued at $1,451,000. Engineers Gate Manager LP bought a new stake in Bandwidth in the 2nd quarter valued at $2,218,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in Bandwidth in the 2nd quarter worth $94,000. 68.53% of the stock is owned by institutional investors.

Bandwidth Stock Down 13.5%

BAND stock opened at $40.50 on Friday. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.04 and a quick ratio of 2.04. The firm has a market cap of $1.30 billion, a PE ratio of -139.66, a P/E/G ratio of 4.17 and a beta of 3.01. Bandwidth has a 12 month low of $12.50 and a 12 month high of $79.08. The firm has a 50 day simple moving average of $51.84 and a 200 day simple moving average of $51.04.

Bandwidth (NASDAQ:BAND) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.37 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 the consensus estimate of $217.62 million. Bandwidth had a return on equity of 1.85% and a net margin of 0.27%. 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. Equities research analysts forecast that Bandwidth will post 0.64 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.