Bandwidth (BAND) Expected to Announce Quarterly Earnings on Wednesday

Bandwidth (NASDAQ:BAND) is projected to announce its Q1 2025 earnings results before the market opens on Wednesday, May 7th. Analysts expect Bandwidth to post earnings of $0.29 per share and revenue of $168.96 million for the quarter. Bandwidth has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

Bandwidth (NASDAQ:BAND) last posted its earnings results on Thursday, February 20th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.36). The business had revenue of $209.97 million for the quarter, compared to analyst estimates of $203.68 million. Bandwidth had a positive return on equity of 0.53% and a negative net margin of 0.87%. During the same period in the previous year, the company earned $0.38 earnings per share. On average, analysts expect Bandwidth to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Bandwidth Stock Performance

BAND opened at $12.18 on Tuesday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.34 and a current ratio of 1.34. The company has a market cap of $348.64 million, a PE ratio of -21.37 and a beta of 1.88. The stock has a 50-day moving average of $13.53 and a 200-day moving average of $16.64. Bandwidth has a 52-week low of $11.33 and a 52-week high of $25.02.

Analyst Ratings Changes

Several equities analysts have commented on BAND shares. William Blair reiterated an “outperform” rating on shares of Bandwidth in a report on Friday, February 21st. Barclays lowered their target price on shares of Bandwidth from $25.00 to $22.00 and set an “overweight” rating on the stock in a research note on Friday, February 21st. Needham & Company LLC reissued a “hold” rating on shares of Bandwidth in a research report on Friday, February 21st. Finally, Morgan Stanley lowered their price target on Bandwidth from $18.00 to $11.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $27.17.

Insider Transactions at Bandwidth

In other news, CFO Daryl Raiford sold 24,253 shares of Bandwidth stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $15.58, for a total transaction 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. This trade represents a 17.57 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Devin M. Krupka sold 3,770 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $15.70, for a total value of $59,189.00. Following the sale, the insider now owns 19,188 shares in the company, valued at approximately $301,251.60. This represents a 16.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 63,721 shares of company stock worth $992,965. 6.20% of the stock is currently owned by company insiders.

About Bandwidth

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.