FY2026 EPS Estimates for Bandwidth Raised by Zacks Research

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

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

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

Bandwidth Stock Performance

Bandwidth stock opened at $21.61 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.29 and a quick ratio of 1.29. Bandwidth has a 12 month low of $10.60 and a 12 month high of $25.02. The company has a fifty day moving average price of $18.42 and a two-hundred day moving average price of $18.34. The company has a market cap of $594.49 million, a PE ratio of -23.24 and a beta of 1.50.

Insiders Place Their Bets

In other news, CFO Daryl Raiford sold 4,350 shares of Bandwidth stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $16.97, for a total transaction of $73,819.50. Following the sale, the chief financial officer now owns 71,546 shares of the company’s stock, valued at approximately $1,214,135.62. The trade was a 5.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last 90 days, insiders sold 4,455 shares of company stock worth $75,786. 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 business. Franklin Resources Inc. boosted its position in Bandwidth by 40.9% during the 3rd quarter. Franklin Resources Inc. now owns 77,481 shares of the company’s stock worth $1,325,000 after acquiring an additional 22,505 shares during the period. Geode Capital Management LLC raised its stake in shares of Bandwidth by 3.6% during the third quarter. Geode Capital Management LLC now owns 568,667 shares of the company’s stock valued at $9,960,000 after purchasing an additional 19,832 shares in the last quarter. Barclays PLC raised its stake in shares of Bandwidth by 9.1% during the third quarter. Barclays PLC now owns 224,497 shares of the company’s stock valued at $3,931,000 after purchasing an additional 18,778 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Bandwidth in the third quarter worth about $453,000. Finally, State Street Corp grew its position in Bandwidth by 3.7% in the 3rd quarter. State Street Corp now owns 655,768 shares of the company’s stock valued at $11,482,000 after buying an additional 23,352 shares in the last quarter. 68.53% of the stock is owned by institutional investors.

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.