Bandwidth (NASDAQ:BAND) Shares Down 8.8% – Time to Sell?

10 Oct 2026, 12:03 by Sarita Garza · The Markets Daily

Bandwidth Inc. (NASDAQ:BAND – Get Free Report) shares traded down 8.8% on Thursday. The company traded as low as $52.49 and last traded at $52.4090. 460,151 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 876,598 shares. The stock had previously closed at $57.47.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Wall Street Zen downgraded Bandwidth from a “buy” rating to a “hold” rating in a research note on Saturday, September 19th. Bank of America initiated coverage on Bandwidth in a research note on Wednesday, September 16th. They issued a “neutral” rating and a $60.00 price objective for the company. B. Riley Financial raised their target price on Bandwidth from $55.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Citigroup reaffirmed a “market outperform” rating on shares of Bandwidth in a research report on Monday, July 20th. Finally, Citizens Jmp increased their price target on Bandwidth from $70.00 to $86.00 and gave the company a “market outperform” rating in a research report on Monday, July 20th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Bandwidth has an average rating of “Moderate Buy” and a consensus price target of $59.83.

Read Our Latest Analysis on Bandwidth

Bandwidth Stock Up 2.5%

The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.87. The stock has a 50-day simple moving average of $52.22 and a 200-day simple moving average of $48.95. The firm has a market capitalization of $1.71 billion, a PE ratio of -183.69, a P/E/G ratio of 4.54 and a beta of 3.01.

Bandwidth (NASDAQ:BAND – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The firm had revenue of $219.90 million for the quarter, compared to analysts’ expectations of $217.62 million. Bandwidth had a return on equity of 1.85% and a net margin of 0.27%. The business’s quarterly revenue was up 22.2% compared to the same quarter last year. Bandwidth has set its Q3 2026 guidance at 0.450-0.490 EPS and its FY 2026 guidance at 1.710-1.790 EPS. Analysts forecast that Bandwidth Inc. will post 0.65 EPS for the current year.

Insider Buying and Selling at Bandwidth

In related news, insider Rebecca Bottorff sold 2,713 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $49.15, for a total value of $133,343.95. Following the completion of the transaction, the insider directly owned 10,704 shares of the company’s stock, valued at approximately $526,101.60. This trade represents a 20.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO David Morken sold 5,128 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $49.15, for a total transaction of $252,041.20. Following the sale, the chief executive officer directly owned 6,702 shares in the company, valued at $329,403.30. The trade was a 43.35% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 23,550 shares of company stock valued at $1,154,782. Insiders own 5.26% of the company’s stock.

Institutional Investors Weigh In On Bandwidth

A number of institutional investors and hedge funds have recently modified their holdings of the company. Wellington Management Group LLP increased its holdings in shares of Bandwidth by 138.9% in the second quarter. Wellington Management Group LLP now owns 911,893 shares of the company’s stock worth $57,723,000 after purchasing an additional 530,182 shares during the period. Arrowstreet Capital Limited Partnership grew its position in Bandwidth by 299.5% during the first 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. Bastion Asset Management Inc. purchased a new position in Bandwidth during the first quarter worth about $6,592,000. Assenagon Asset Management S.A. increased its stake in Bandwidth by 51.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 491,873 shares of the company’s stock worth $8,765,000 after acquiring an additional 166,423 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Bandwidth in the 2nd quarter valued at about $6,711,000. 68.53% of the stock is owned by hedge funds and other institutional investors.

About Bandwidth

(Get Free Report)

Bandwidth Inc is a cloud communications company that provides application programming interfaces (APIs) and related services for businesses to build voice, messaging and emergency communications into their software and applications. Its platform is designed for enterprises, communications service providers and technology companies that need programmable communications capabilities.