FY2026 EPS Estimates for Bandwidth Lifted by Zacks Research

Bandwidth Inc. (NASDAQ:BAND) – Analysts at Zacks Research upped their FY2026 earnings per share (EPS) estimates for Bandwidth in a research report issued on Monday, November 25th. Zacks Research analyst R. Department now forecasts that the company will earn $0.47 per share for the year, up from their previous estimate of $0.45. The consensus estimate for Bandwidth’s current full-year earnings is $0.08 per share.

BAND has been the topic of a number of other research reports. Barclays reduced their target price on Bandwidth from $28.00 to $25.00 and set an “overweight” rating on the stock in a report on Friday, August 2nd. Robert W. Baird boosted their target price on Bandwidth from $19.00 to $22.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. JMP Securities restated a “market outperform” rating and issued a $36.00 price target on shares of Bandwidth in a report on Tuesday, August 27th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Bandwidth in a research report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $28.33.

Bandwidth Stock Up 1.6 %

Shares of BAND opened at $21.61 on Thursday. Bandwidth has a fifty-two week low of $10.60 and a fifty-two week high of $25.02. The company’s fifty day moving average is $18.42 and its two-hundred day moving average is $18.34. The firm has a market cap of $594.49 million, a PE ratio of -23.24 and a beta of 1.50. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.83.

Bandwidth (NASDAQ:BAND) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.11. Bandwidth had a negative net margin of 2.23% and a negative return on equity of 0.89%. The business had revenue of $193.90 million for the quarter, compared to analyst estimates of $182.05 million. During the same period in the prior year, the firm posted $0.03 EPS. The company’s revenue was up 27.6% on a year-over-year basis.

Insider Buying and Selling

In related news, CFO Daryl Raiford sold 4,350 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $16.97, for a total transaction of $73,819.50. Following the completion of the sale, the chief financial officer now directly owns 71,546 shares of the company’s stock, valued at approximately $1,214,135.62. This trade represents a 5.73 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last ninety days, insiders have sold 4,455 shares of company stock valued at $75,786. Corporate insiders own 6.20% of the company’s stock.

Hedge Funds Weigh In On Bandwidth

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hsbc Holdings PLC increased its position in shares of Bandwidth by 143.9% during the second quarter. Hsbc Holdings PLC now owns 55,259 shares of the company’s stock worth $929,000 after acquiring an additional 32,598 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in Bandwidth during the 2nd quarter valued at approximately $1,113,000. Panagora Asset Management Inc. increased its holdings in Bandwidth by 50.0% during the 2nd quarter. Panagora Asset Management Inc. now owns 139,592 shares of the company’s stock worth $2,356,000 after purchasing an additional 46,547 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of Bandwidth by 185.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 341,921 shares of the company’s stock valued at $5,987,000 after buying an additional 222,142 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of Bandwidth by 10.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 14,713 shares of the company’s stock valued at $269,000 after buying an additional 1,334 shares during the last quarter. 68.53% of the stock is owned by hedge funds and other institutional investors.

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.