Brokerages Set Bandwidth Inc. (NASDAQ:BAND) PT at $43.25

Bandwidth Inc. (NASDAQ:BAND) has received a consensus rating of “Moderate Buy” from the seven research firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $57.75.

BAND has been the subject of several recent research reports. Citigroup reaffirmed an “outperform” rating on shares of Bandwidth in a report on Thursday, April 30th. Zacks Research downgraded Bandwidth from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Wall Street Zen lowered Bandwidth from a “strong-buy” rating to a “buy” rating in a report on Sunday, June 28th. Needham & Company LLC boosted their price target on shares of Bandwidth from $45.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Finally, Citizens Jmp upped their price objective on shares of Bandwidth from $45.00 to $70.00 and gave the company a “market outperform” rating in a report on Friday, May 15th.

Insider Activity

In other news, CFO Daryl E. Raiford sold 4,228 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $64.15, for a total transaction of $271,226.20. Following the completion of the transaction, the chief financial officer directly owned 42,919 shares in the company, valued at approximately $2,753,253.85. This represents a 8.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Devin M. Krupka sold 1,198 shares of the firm’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $58.85, for a total value of $70,502.30. Following the sale, the insider directly owned 26,371 shares of the company’s stock, valued at $1,551,933.35. The trade was a 4.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 127,269 shares of company stock worth $7,192,523. 5.26% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership increased its holdings 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 purchasing an additional 516,117 shares during the last quarter. Portolan Capital Management LLC lifted its stake in Bandwidth by 115.8% during the third quarter. Portolan Capital Management LLC now owns 745,802 shares of the company’s stock worth $12,433,000 after purchasing an additional 400,231 shares in the last quarter. Bastion Asset Management Inc. purchased a new position in shares of Bandwidth during the first quarter worth $6,592,000. CSM Advisors LLC acquired a new stake in shares of Bandwidth in the fourth quarter valued at $5,342,000. Finally, AQR Capital Management LLC grew its stake in shares of Bandwidth by 49.1% in the second quarter. AQR Capital Management LLC now owns 587,305 shares of the company’s stock valued at $9,338,000 after buying an additional 193,398 shares in the last quarter. Hedge funds and other institutional investors own 68.53% of the company’s stock.

Bandwidth Trading Up 2.7%

Shares of BAND opened at $75.77 on Wednesday. Bandwidth has a 52-week low of $12.50 and a 52-week high of $79.08. The stock has a market cap of $2.43 billion, a PE ratio of -199.39 and a beta of 2.92. The firm’s fifty day moving average is $59.96 and its two-hundred day moving average is $31.86. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.37.

Bandwidth (NASDAQ:BAND) last issued its earnings results on Thursday, April 30th. The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.06. Bandwidth had a negative net margin of 0.64% and a positive return on equity of 1.47%. The business had revenue of $208.78 million during the quarter, compared to analysts’ expectations of $201.58 million. Bandwidth has set its FY 2026 guidance at 1.770-1.830 EPS and its Q2 2026 guidance at 0.350-0.370 EPS. Research analysts forecast that Bandwidth will post 0.55 earnings per share for the current fiscal year.

Bandwidth Company Profile

Bandwidth Inc operates a cloud-based communications platform that provides voice, messaging and emergency services APIs for enterprises and developers. Through its proprietary network and software-as-a-service model, the company enables customers to integrate programmable voice calls, text messaging and 9-1-1 routing into their applications. Bandwidth’s solutions aim to reduce complexity and improve reliability in mission-critical communications, serving industries such as healthcare, financial services, on-demand mobility and customer engagement.

Founded in 1999 in Raleigh, North Carolina by co-founders David Morken and Henry Kaestner, Bandwidth initially focused on voice-over-IP infrastructure before evolving into a full communications API provider.