What is Zacks Research’s Estimate for Bandwidth Q2 Earnings?

Bandwidth Inc. (NASDAQ:BANDFree Report) – Analysts at Zacks Research reduced their Q2 2027 EPS estimates for shares of Bandwidth in a research note issued to investors on Thursday, September 18th. Zacks Research analyst Team now anticipates that the company will earn $0.14 per share for the quarter, down from their prior forecast of $0.17. The consensus estimate for Bandwidth’s current full-year earnings is $0.22 per share.

Several other research firms have also weighed in on BAND. Wall Street Zen upgraded shares of Bandwidth from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Wedbush reiterated an “outperform” rating on shares of Bandwidth in a research note on Wednesday. Finally, Needham & Company LLC restated a “buy” rating and set a $20.00 target price on shares of Bandwidth in a report on Friday, June 13th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Bandwidth has a consensus rating of “Moderate Buy” and a consensus target price of $20.80.

Check Out Our Latest Report on Bandwidth

Bandwidth Stock Performance

Shares of BAND stock opened at $17.54 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.31 and a current ratio of 1.31. Bandwidth has a one year low of $11.33 and a one year high of $23.00. The company’s 50-day simple moving average is $15.04 and its 200-day simple moving average is $14.37. The stock has a market capitalization of $528.66 million, a price-to-earnings ratio of -51.59 and a beta of 1.81.

Bandwidth (NASDAQ:BANDGet Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.06. The company had revenue of $180.01 million during the quarter, compared to analysts’ expectations of $178.87 million. Bandwidth had a negative net margin of 1.32% and a positive return on equity of 1.43%. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.29 EPS. Bandwidth has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Insider Activity

In other Bandwidth news, CFO Daryl Raiford sold 19,000 shares of the business’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $15.50, for a total value of $294,500.00. Following the transaction, the chief financial officer directly owned 109,538 shares in the company, valued at $1,697,839. The trade was a 14.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Devesh Agarwal sold 2,132 shares of the business’s stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $13.30, for a total transaction of $28,355.60. Following the completion of the transaction, the chief operating officer directly owned 62,927 shares of the company’s stock, valued at approximately $836,929.10. This represents a 3.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 73,077 shares of company stock valued at $1,139,601 in the last ninety days. 6.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Bandwidth

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in Bandwidth by 0.9% during the first quarter. Vanguard Group Inc. now owns 1,785,698 shares of the company’s stock valued at $23,393,000 after purchasing an additional 16,671 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Bandwidth by 11.3% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 680,945 shares of the company’s stock valued at $10,827,000 after acquiring an additional 69,065 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Bandwidth by 8.9% in the second quarter. Geode Capital Management LLC now owns 648,763 shares of the company’s stock valued at $10,318,000 after purchasing an additional 52,762 shares during the period. Nuveen LLC bought a new position in shares of Bandwidth in the first quarter valued at about $7,916,000. Finally, AQR Capital Management LLC increased its position in Bandwidth by 49.1% during the second quarter. AQR Capital Management LLC now owns 587,305 shares of the company’s stock worth $9,338,000 after acquiring an additional 193,398 shares during the period. 68.53% of the stock is owned by institutional investors.

About Bandwidth

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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.

See Also

Earnings History and Estimates for Bandwidth (NASDAQ:BAND)

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