Bandwidth (NASDAQ:BAND) Stock Price Expected to Rise, Citizens Jmp Analyst Says

Bandwidth (NASDAQ:BAND) had its price objective boosted by research analysts at Citizens Jmp from $70.00 to $86.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a “market outperform” rating on the stock. Citizens Jmp’s price objective indicates a potential upside of 22.23% from the stock’s previous close.

Several other analysts have also issued reports on BAND. Needham & Company LLC boosted their price objective on shares of Bandwidth from $45.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Wall Street Zen cut shares of Bandwidth from a “strong-buy” rating to a “buy” rating in a research report on Sunday, June 28th. Zacks Research downgraded shares of Bandwidth from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Citigroup reissued a “market outperform” rating on shares of Bandwidth in a research note on Monday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Bandwidth in a report on Friday. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $61.75.

Bandwidth Price Performance

BAND stock opened at $70.36 on Monday. The business has a fifty day moving average of $62.09 and a two-hundred day moving average of $33.80. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.37. The stock has a market cap of $2.25 billion, a price-to-earnings ratio of -185.16 and a beta of 2.92. Bandwidth has a 52-week low of $12.50 and a 52-week high of $79.08.

Bandwidth (NASDAQ:BAND) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.32 by $0.06. The business had revenue of $208.78 million for the quarter, compared to analyst estimates of $201.58 million. Bandwidth had a positive return on equity of 1.47% and a negative net margin of 0.64%.Bandwidth has set its FY 2026 guidance at 1.770-1.830 EPS and its Q2 2026 guidance at 0.350-0.370 EPS. As a group, research analysts anticipate that Bandwidth will post 0.55 earnings per share for the current year.

Insider Transactions at Bandwidth

In related news, CFO Daryl E. Raiford sold 4,228 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $64.15, for a total transaction of $271,226.20. Following the completion of the transaction, the chief financial officer directly owned 42,919 shares in the company, valued at $2,753,253.85. This trade represents a 8.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Kade Ross sold 1,588 shares of Bandwidth stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $58.85, for a total value of $93,453.80. Following the completion of the transaction, the insider directly owned 47,996 shares of the company’s stock, valued at approximately $2,824,564.60. This represents a 3.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 127,269 shares of company stock worth $7,192,523. 5.26% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Bandwidth by 3.5% in the third quarter. Vanguard Group Inc. now owns 1,988,533 shares of the company’s stock valued at $33,149,000 after purchasing an additional 67,428 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Bandwidth by 6.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,551,508 shares of the company’s stock worth $27,647,000 after buying an additional 91,812 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Bandwidth by 299.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 688,430 shares of the company’s stock worth $12,268,000 after buying an additional 516,117 shares in the last quarter. State Street Corp boosted its position in Bandwidth by 2.6% in the 4th quarter. State Street Corp now owns 649,426 shares of the company’s stock valued at $10,034,000 after buying an additional 16,654 shares during the period. Finally, Renaissance Technologies LLC boosted its position in Bandwidth by 4.2% in the 1st quarter. Renaissance Technologies LLC now owns 644,981 shares of the company’s stock valued at $11,494,000 after buying an additional 26,081 shares during the period. Hedge funds and other institutional investors own 68.53% of the company’s stock.

Bandwidth Company Profile

Bandwidth Inc operates a cloud-based communications platform that provides voice, messaging and emergency services APIs for enterprises and developers. Through its proprietary network and software-as-a-service model, the company enables customers to integrate programmable voice calls, text messaging and 9-1-1 routing into their applications. Bandwidth’s solutions aim to reduce complexity and improve reliability in mission-critical communications, serving industries such as healthcare, financial services, on-demand mobility and customer engagement.

Founded in 1999 in Raleigh, North Carolina by co-founders David Morken and Henry Kaestner, Bandwidth initially focused on voice-over-IP infrastructure before evolving into a full communications API provider.