What is Zacks Research's Estimate for Bandwidth Q3 Earnings?

Bandwidth Inc. (NASDAQ:BAND - Free Report) - Analysts at Zacks Research raised their Q3 2026 earnings estimates for Bandwidth in a report released on Tuesday, April 1st. Zacks Research analyst R. Department now anticipates that the company will earn $0.05 per share for the quarter, up from their prior forecast of $0.04. The consensus estimate for Bandwidth's current full-year earnings is $0.22 per share. Zacks Research also issued estimates for Bandwidth's Q4 2026 earnings at $0.23 EPS, FY2026 earnings at $0.44 EPS and Q1 2027 earnings at $0.08 EPS.

A number of other research firms have also recently commented on BAND. William Blair restated an "outperform" rating on shares of Bandwidth in a research report on Friday, February 21st. Morgan Stanley lifted their price target on shares of Bandwidth from $17.00 to $18.00 and gave the company an "underweight" rating in a research note on Wednesday, December 18th. Needham & Company LLC reaffirmed a "hold" rating on shares of Bandwidth in a report on Friday, February 21st. Finally, Barclays cut their target price on shares of Bandwidth from $25.00 to $22.00 and set an "overweight" rating for the company in a research note on Friday, February 21st. One analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Bandwidth has a consensus rating of "Moderate Buy" and a consensus price target of $28.33.

Bandwidth Price Performance

Shares of Bandwidth stock traded down $0.91 on Wednesday, hitting $12.68. The company's stock had a trading volume of 395,822 shares, compared to its average volume of 283,284. The company has a market capitalization of $362.95 million, a price-to-earnings ratio of -22.25 and a beta of 1.89. Bandwidth has a 1 year low of $12.22 and a 1 year high of $25.02. 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 firm has a fifty day moving average price of $16.26 and a 200-day moving average price of $17.51.

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Bandwidth (NASDAQ:BAND - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by ($0.36). The company had revenue of $209.97 million for the quarter, compared to analysts' expectations of $203.68 million. Bandwidth had a negative net margin of 0.87% and a positive return on equity of 0.53%. During the same quarter in the previous year, the business posted $0.38 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BAND. FMR LLC increased its stake in shares of Bandwidth by 70.3% during the third quarter. FMR LLC now owns 371,215 shares of the company's stock worth $6,500,000 after buying an additional 153,223 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Bandwidth by 12.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 300,076 shares of the company's stock valued at $5,107,000 after purchasing an additional 32,709 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Bandwidth by 3.6% in the 3rd 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. State Street Corp lifted its position in shares of Bandwidth by 3.7% during the 3rd quarter. State Street Corp now owns 655,768 shares of the company's stock worth $11,482,000 after purchasing an additional 23,352 shares during the last quarter. Finally, Versor Investments LP grew its stake in shares of Bandwidth by 136.1% during the fourth quarter. Versor Investments LP now owns 27,757 shares of the company's stock worth $472,000 after purchasing an additional 16,000 shares in the last quarter. 68.53% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Devin M. Krupka sold 3,770 shares of the company's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $15.70, for a total value of $59,189.00. Following the transaction, the insider now owns 19,188 shares of the company's stock, valued at $301,251.60. This represents a 16.42 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, General Counsel Richard Brandon Asbill sold 9,878 shares of the stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $15.24, for a total transaction of $150,540.72. Following the transaction, the general counsel now directly owns 42,475 shares of the company's stock, valued at approximately $647,319. This trade represents a 18.87 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 70,510 shares of company stock worth $1,109,806. 6.20% of the stock is owned by 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.