Analysts Set Expectations for Bandwidth FY2025 Earnings

Bandwidth Inc. (NASDAQ:BAND) – Research analysts at Zacks Research lifted their FY2025 earnings estimates for shares of Bandwidth in a research report issued on Wednesday, April 9th. Zacks Research analyst R. Department now anticipates that the company will earn $0.08 per share for the year, up from their previous estimate 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 research analysts have also commented on BAND. Morgan Stanley upped their price target on shares of Bandwidth from $17.00 to $18.00 and gave the company an “underweight” rating in a research report on Wednesday, December 18th. Needham & Company LLC reiterated a “hold” rating on shares of Bandwidth in a research note on Friday, February 21st. Barclays reduced their price objective on Bandwidth from $25.00 to $22.00 and set an “overweight” rating for the company in a research note on Friday, February 21st. Finally, William Blair reaffirmed an “outperform” rating on shares of Bandwidth in a report 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 stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $28.33.

Bandwidth Stock Performance

Shares of BAND opened at $12.15 on Friday. The firm has a market capitalization of $347.78 million, a P/E ratio of -21.32 and a beta of 1.89. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.34 and a quick ratio of 1.34. Bandwidth has a one year low of $11.47 and a one year high of $25.02. The business has a fifty day moving average of $15.39 and a 200 day moving average of $17.23.

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 company had revenue of $209.97 million during the quarter, compared to analysts’ expectations 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 quarter in the prior year, the business posted $0.38 EPS.

Institutional Trading of Bandwidth

Large investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Bandwidth by 4.5% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,185 shares of the company’s stock valued at $241,000 after purchasing an additional 608 shares in the last quarter. Dynamic Technology Lab Private Ltd raised its position in shares of Bandwidth by 1.6% during the 4th quarter. Dynamic Technology Lab Private Ltd now owns 43,366 shares of the company’s stock valued at $738,000 after buying an additional 699 shares in the last quarter. Quarry LP raised its position in shares of Bandwidth by 157.6% during the 3rd quarter. Quarry LP now owns 2,035 shares of the company’s stock valued at $36,000 after buying an additional 1,245 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of Bandwidth by 3.7% in the 1st quarter. Rhumbline Advisers now owns 35,603 shares of the company’s stock valued at $466,000 after acquiring an additional 1,255 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in Bandwidth by 14.5% in the fourth quarter. SG Americas Securities LLC now owns 11,102 shares of the company’s stock worth $189,000 after acquiring an additional 1,407 shares in the last quarter. Institutional investors own 68.53% of the company’s stock.

Insider Buying and Selling at Bandwidth

In other news, COO Devesh Agarwal sold 6,538 shares of the firm’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $15.70, for a total transaction of $102,646.60. Following the completion of the transaction, the chief operating officer now owns 53,413 shares in the company, valued at $838,584.10. This trade represents a 10.91 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, General Counsel Richard Brandon Asbill sold 5,629 shares of the business’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $15.70, for a total value of $88,375.30. Following the completion of the sale, the general counsel now owns 57,475 shares in the company, valued at $902,357.50. This represents a 8.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 64,220 shares of company stock valued at $1,000,954 over the last ninety days. 6.20% of the stock is currently owned by company insiders.

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.