Q3 Earnings Estimate for Bandwidth Issued By Zacks Research

Bandwidth Inc. (NASDAQ:BAND - Free Report) - Research analysts at Zacks Research increased their Q3 2026 earnings per share estimates for Bandwidth in a research report issued on Tuesday, April 1st. Zacks Research analyst R. Department now expects that the company will post earnings of $0.05 per share for the quarter, up from their previous estimate 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.

Bandwidth (NASDAQ:BAND - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $209.97 million for 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 period last year, the company earned $0.38 earnings per share.

Other equities research analysts also recently issued reports about the company. William Blair restated an "outperform" rating on shares of Bandwidth in a research report on Friday, February 21st. Barclays decreased their price target on Bandwidth from $25.00 to $22.00 and set an "overweight" rating on the stock in a report on Friday, February 21st. Needham & Company LLC reaffirmed a "hold" rating on shares of Bandwidth in a research note on Friday, February 21st. Finally, Morgan Stanley increased their target price 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. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $28.33.

Bandwidth Price Performance

Shares of Bandwidth stock traded down $0.33 during trading hours on Wednesday, reaching $12.35. The company's stock had a trading volume of 499,097 shares, compared to its average volume of 284,613. 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 $11.80 and a one year high of $25.02. The firm has a 50 day moving average price of $16.17 and a 200-day moving average price of $17.47. The stock has a market cap of $353.51 million, a P/E ratio of -21.67 and a beta of 1.89.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Bandwidth by 61.8% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 524,586 shares of the company's stock valued at $8,928,000 after acquiring an additional 200,387 shares during the period. FMR LLC raised its stake in shares of Bandwidth by 70.3% during the 3rd quarter. FMR LLC now owns 371,215 shares of the company's stock worth $6,500,000 after acquiring an additional 153,223 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Bandwidth by 88.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 285,559 shares of the company's stock worth $4,860,000 after acquiring an additional 133,715 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Bandwidth by 9.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,249,120 shares of the company's stock valued at $21,260,000 after acquiring an additional 112,269 shares in the last quarter. Finally, Millennium Management LLC raised its stake in Bandwidth by 213.5% in the fourth quarter. Millennium Management LLC now owns 136,442 shares of the company's stock valued at $2,322,000 after buying an additional 92,915 shares during the last quarter. Hedge funds and other institutional investors own 68.53% of the company's stock.

Insider Activity

In other news, General Counsel Richard Brandon Asbill sold 5,629 shares of the firm's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $15.70, for a total transaction of $88,375.30. Following the transaction, the general counsel now owns 57,475 shares in the company, valued at approximately $902,357.50. This trade represents a 8.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO David A. Morken sold 2,777 shares of Bandwidth stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $17.39, for a total value of $48,292.03. Following the completion of the sale, the chief executive officer now owns 109,783 shares of the company's stock, valued at $1,909,126.37. The trade was a 2.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 69,244 shares of company stock valued at $1,088,322. 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.