Bandwidth (NASDAQ:BAND) Trading 8.9% Higher – Still a Buy?

06 Jun 2026, 13:12 by Danessa Lincoln · The Markets Daily

Bandwidth Inc. (NASDAQ:BAND – Get Free Report)’s share price traded up 8.9% on Thursday . The company traded as high as $72.05 and last traded at $71.4250. 514,814 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 636,750 shares. The stock had previously closed at $65.60.

Analyst Upgrades and Downgrades

BAND has been the subject of a number of analyst reports. Citizens Jmp lifted their price objective on shares of Bandwidth from $45.00 to $70.00 and gave the company a “market outperform” rating in a research report on Friday, May 15th. Needham & Company LLC lifted their price objective on shares of Bandwidth from $45.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Wall Street Zen downgraded shares of Bandwidth from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. Citigroup reissued an “outperform” rating on shares of Bandwidth in a research report on Thursday, April 30th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Bandwidth in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $43.25.

Read Our Latest Stock Analysis on BAND

Bandwidth Trading Down 1.4%

The business’s 50 day moving average price is $38.47 and its 200-day moving average price is $22.91. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.37. The company has a market cap of $2.31 billion, a price-to-earnings ratio of -190.00 and a beta of 2.93.

Bandwidth (NASDAQ:BAND – Get Free Report) last posted its earnings results on Thursday, April 30th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.06. The company had revenue of $208.78 million during the quarter, compared to analysts’ expectations of $201.58 million. Bandwidth had a negative net margin of 0.64% and a positive return on equity of 1.47%. Bandwidth has set its FY 2026 guidance at 1.770-1.830 EPS and its Q2 2026 guidance at 0.350-0.370 EPS. On average, equities analysts anticipate that Bandwidth Inc. will post 0.55 EPS for the current fiscal year.

Insider Activity at Bandwidth

In other Bandwidth news, General Counsel Richard Brandon Asbill sold 1,781 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 $104,811.85. Following the completion of the sale, the general counsel owned 32,214 shares in the company, valued at $1,895,793.90. The trade was a 5.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kade Ross sold 1,588 shares of Bandwidth stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $58.85, for a total transaction of $93,453.80. Following the completion of the sale, the insider owned 47,996 shares of the company’s stock, valued at $2,824,564.60. This trade represents a 3.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 131,181 shares of company stock worth $5,596,190 in the last quarter. 5.26% of the stock is owned by corporate insiders.

Institutional Trading of Bandwidth

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Empowered Funds LLC raised its stake in Bandwidth by 9.9% in the 1st quarter. Empowered Funds LLC now owns 154,432 shares of the company’s stock worth $2,752,000 after purchasing an additional 13,961 shares in the last quarter. Quantinno Capital Management LP raised its stake in Bandwidth by 248.2% in the 1st quarter. Quantinno Capital Management LP now owns 76,836 shares of the company’s stock worth $1,369,000 after purchasing an additional 54,771 shares in the last quarter. Renaissance Technologies LLC raised its stake in Bandwidth by 4.2% in the 1st quarter. Renaissance Technologies LLC now owns 644,981 shares of the company’s stock worth $11,494,000 after purchasing an additional 26,081 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Bandwidth by 299.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 688,430 shares of the company’s stock valued at $12,268,000 after buying an additional 516,117 shares in the last quarter. Finally, Walleye Capital LLC acquired a new position in shares of Bandwidth in the 1st quarter valued at approximately $1,069,000. Institutional investors and hedge funds own 68.53% of the company’s stock.

About Bandwidth

(Get Free Report)

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.