Q3 Earnings Estimate for Bandwidth Issued By Zacks Research

Bandwidth Inc. (NASDAQ:BAND) – Equities research analysts at Zacks Research lifted their Q3 2026 EPS estimates for shares of Bandwidth in a report issued on Tuesday, April 1st. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $0.05 for the quarter, up from their prior forecast of $0.04. The consensus estimate for Bandwidth’s current full-year earnings is $0.22 per share. Zacks Research also issued estimates for Bandwidth’s Q4 2026 earnings at $0.23 EPS, FY2026 earnings at $0.44 EPS and Q1 2027 earnings at $0.08 EPS.

A number of other equities analysts have also commented on the stock. Barclays lowered their price target on shares of Bandwidth from $25.00 to $22.00 and set an “overweight” rating on the stock in a research report on Friday, February 21st. William Blair reiterated an “outperform” rating on shares of Bandwidth in a research report on Friday, February 21st. Needham & Company LLC reissued a “hold” rating on shares of Bandwidth in a report on Friday, February 21st. Finally, Morgan Stanley raised their price target on shares of Bandwidth from $17.00 to $18.00 and gave the company an “underweight” rating in a research note on Wednesday, December 18th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.33.

Bandwidth Stock Performance

BAND opened at $13.59 on Wednesday. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.34 and a quick ratio of 1.34. The company has a market capitalization of $389.00 million, a PE ratio of -23.84 and a beta of 1.57. The business has a fifty day simple moving average of $16.33 and a 200 day simple moving average of $17.54. Bandwidth has a 1 year low of $12.75 and a 1 year high of $25.02.

Bandwidth (NASDAQ:BAND) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.36). Bandwidth had a negative net margin of 0.87% and a positive return on equity of 0.53%. The business had revenue of $209.97 million during the quarter, compared to analyst estimates of $203.68 million. During the same period in the previous year, the business earned $0.38 earnings per share.

Insider Buying and Selling

In other Bandwidth news, General Counsel Richard Brandon Asbill sold 9,878 shares of the business’s stock in a transaction that occurred 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 sale, the general counsel now owns 42,475 shares in the company, valued at approximately $647,319. The trade was a 18.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Devin M. Krupka sold 3,770 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $15.70, for a total transaction of $59,189.00. Following the completion of the transaction, the insider now owns 19,188 shares in the company, valued at $301,251.60. This represents a 16.42 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 70,510 shares of company stock worth $1,109,806 in the last quarter. 6.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Bandwidth

Hedge funds and other institutional investors have recently made changes to their positions in the business. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Bandwidth by 61.8% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 524,586 shares of the company’s stock worth $8,928,000 after acquiring an additional 200,387 shares in the last quarter. FMR LLC grew its position in Bandwidth by 70.3% during the third quarter. FMR LLC now owns 371,215 shares of the company’s stock valued at $6,500,000 after buying an additional 153,223 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in Bandwidth by 88.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 285,559 shares of the company’s stock worth $4,860,000 after purchasing an additional 133,715 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Bandwidth by 9.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,249,120 shares of the company’s stock valued at $21,260,000 after acquiring an additional 112,269 shares during the period. Finally, Millennium Management LLC grew its stake in Bandwidth by 213.5% during the fourth quarter. Millennium Management LLC now owns 136,442 shares of the company’s stock valued at $2,322,000 after acquiring an additional 92,915 shares in the last quarter. Institutional investors own 68.53% of the company’s stock.

Bandwidth Company Profile

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.