FY2025 EPS Estimates for Bandwidth Lifted by Zacks Research

Bandwidth Inc. (NASDAQ:BAND) – Equities research analysts at Zacks Research lifted their FY2025 EPS estimates for shares of Bandwidth in a report issued on Wednesday, April 9th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $0.08 for the year, up from their prior forecast of $0.05. The consensus estimate for Bandwidth’s current full-year earnings is $0.22 per share. Zacks Research also issued estimates for Bandwidth’s FY2026 earnings at $0.42 EPS.

Several other equities analysts have also weighed in on the stock. Barclays dropped their price objective 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 reissued an “outperform” rating on shares of Bandwidth in a report on Friday, February 21st. Morgan Stanley boosted their price objective on Bandwidth from $17.00 to $18.00 and gave the stock an “underweight” rating in a report on Wednesday, December 18th. Finally, Needham & Company LLC reiterated a “hold” 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 issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Bandwidth currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.33.

Bandwidth Stock Down 1.7 %

BAND opened at $12.15 on Friday. The stock’s fifty day simple moving average is $15.51 and its 200 day simple moving average is $17.26. Bandwidth has a 1-year low of $11.47 and a 1-year high of $25.02. The stock has a market cap of $347.78 million, a PE ratio of -21.32 and a beta of 1.89. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.90.

Bandwidth (NASDAQ:BAND) last issued its earnings results on Thursday, February 20th. The company reported $0.02 earnings per share (EPS) 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 analyst estimates 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 quarter last year, the business posted $0.38 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. grew its stake in Bandwidth by 38.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 267,367 shares of the company’s stock worth $4,682,000 after buying an additional 73,795 shares in the last quarter. FMR LLC lifted its holdings in shares of Bandwidth by 70.3% during the 3rd quarter. FMR LLC now owns 371,215 shares of the company’s stock worth $6,500,000 after acquiring an additional 153,223 shares during the period. Centiva Capital LP acquired a new stake in shares of Bandwidth during the 3rd quarter worth approximately $191,000. Quarry LP increased its stake in Bandwidth by 157.6% in the third quarter. Quarry LP now owns 2,035 shares of the company’s stock valued at $36,000 after acquiring an additional 1,245 shares during the last quarter. Finally, State Street Corp raised its position in Bandwidth by 3.7% during the third quarter. State Street Corp now owns 655,768 shares of the company’s stock valued at $11,482,000 after purchasing an additional 23,352 shares in the last quarter. Institutional investors and hedge funds own 68.53% of the company’s stock.

Insider Buying and Selling at Bandwidth

In other Bandwidth news, General Counsel Richard Brandon Asbill sold 9,878 shares of the firm’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $15.24, for a total transaction of $150,540.72. Following the transaction, the general counsel now owns 42,475 shares in the company, valued at $647,319. This trade represents a 18.87 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Daryl Raiford sold 24,253 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $15.58, for a total value of $377,861.74. Following the sale, the chief financial officer now owns 113,795 shares of the company’s stock, valued at approximately $1,772,926.10. The trade was a 17.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 64,220 shares of company stock valued at $1,000,954 in the last quarter. Company insiders own 6.20% 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.