Bandwidth Inc. (BAND)

NASDAQ: BAND · IEX Real-Time Price · USD
11.27
+0.01 (0.09%)
Sep 29, 2023, 4:00 PM EDT - Market closed
0.09%
Market Cap 288.45M
Revenue (ttm) 589.02M
Net Income (ttm) 32.35M
Shares Out 25.59M
EPS (ttm) 0.03
PE Ratio 375.67
Forward PE 11.10
Dividend n/a
Ex-Dividend Date n/a
Volume 136,304
Open 11.43
Previous Close 11.26
Day's Range 11.19 - 11.76
52-Week Range 9.20 - 29.07
Beta 1.29
Analysts Buy
Price Target 22.00 (+95.21%)
Earnings Date Oct 31, 2023

About BAND

Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in the United States. Its platform enables enterprises to create, scale, and operate voice or messaging communications services across various mobile applications or connected devices. The company serves large enterprises, as well as small and medium-sized businesses. Bandwidth Inc. was founded in 2000 and is headquartered in Raleigh, North Carolina. [Read more]

Sector Technology
IPO Date Nov 10, 2017
Employees 1,100
Stock Exchange NASDAQ
Ticker Symbol BAND
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for BAND stock is "Buy." The 12-month stock price forecast is $22.0, which is an increase of 95.21% from the latest price.

Price Target
$22.0
(95.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Bandwidth Partners with Google and Cognigy to Launch AIBridge, Integrating Artificial Intelligence with Contact Centers Using Maestro

Improves CX, reduces costs by resolving calls in the communications cloud–without needing a live agent First integrations include conversational AI leaders Cognigy and Google Cloud's Dialogflow, speed...

24 days ago - PRNewsWire

Bandwidth Wins 'Best Places to Work' Award

Mission-first culture and 'Whole Person Promise' to employees drives continued growth as company puts down deeper roots in N.C. with newly opened headquarters campus RALEIGH, N.C.

4 weeks ago - PRNewsWire

Bandwidth to Participate at Upcoming Investor Conferences

RALEIGH, N.C. , Aug. 3, 2023 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced its scheduled participation at the following upcom...

2 months ago - PRNewsWire

Bandwidth Announces Second Quarter 2023 Financial Results

Second quarter revenue and profitability exceeded guidance ranges Messaging revenue up 11% year-over-year RALEIGH, N.C. , Aug. 2, 2023 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global e...

2 months ago - PRNewsWire

Bandwidth to Report Second Quarter 2023 Financial Results on August 2, 2023

RALEIGH, N.C. , July 19, 2023 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the seco...

2 months ago - PRNewsWire

Bandwidth and Miratech Announce Strategic Collaboration For Global Contact Center Transformations Using Maestro

Leading systems integrator in global enterprise contact center migrations will utilize  Bandwidth's award-winning MaestroTM next-generation cloud communications platform RALEIGH, N.C. , June 15, 2023 ...

3 months ago - PRNewsWire

Bandwidth Announces Maestro Integration With Webex Calling To Simplify Cloud Migration

Expansion of longtime partnership with Cisco enables enterprises to move to the cloud while leveraging their existing investments in Cisco workflows, integrations and devices LAS VEGAS , June 5, 2023 ...

Other symbols: CSCO
4 months ago - PRNewsWire

Bandwidth Again Named a Leader in IDC MarketScape for Worldwide CPaaS Providers

RALEIGH, N.C. , May 25, 2023 /PRNewswire/ -- Bandwidth Inc.  (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced it has been named a Leader for the third consecut...

4 months ago - PRNewsWire

Brian Dally Inducted Into the Atlanta Dealmakers Hall of Fame

ATLANTA , May 23, 2023 /PRNewswire/ -- Today, Groundfloor co-founder and CEO Brian Dally was inducted into the Atlanta Dealmakers Hall of Fame. This prestigious honor recognizes individuals who make s...

4 months ago - PRNewsWire

Bandwidth Announces First Quarter 2023 Financial Results

First quarter revenue of $138 million exceeded guidance Messaging revenue up 8% year-over-year RALEIGH, N.C. , May 2, 2023 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cl...

5 months ago - PRNewsWire

Bandwidth to Report First Quarter 2023 Financial Results

RALEIGH, N.C. , April 19, 2023 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the fir...

5 months ago - PRNewsWire

Bandwidth Wins Best of Show for New 'Maestro' Next-Gen Enterprise Communications Platform

Award at Enterprise Connect recognizes Bandwidth for excellence in technology advancement, innovation and business impact to orchestrate Global 2000 enterprise cloud communications ORLANDO, Fla. , Mar...

6 months ago - PRNewsWire

Bandwidth Announces Maestro: Connecting Best-in-Class AI and CX Capabilities for Next-Gen Enterprise Cloud Communications, With the Simplicity of Software Control

Solves key CIO challenges to integrate best-in-class, real-time voice apps across unified communications, cloud contact center and AI platforms Dramatically reduces complexity of moving to the cloud, ...

6 months ago - PRNewsWire

Bandwidth Announces Additional Partial Repurchase of 0.25% Convertible Senior Notes Due 2026

Repurchasing $65 million of convertible debt at approximately 22% discount to par value Initially issued principal balance of $400 million notes due 2026 reduced to $175 million outstanding RALEIGH, N...

7 months ago - PRNewsWire

Bandwidth Announces Fourth Quarter and Full Year 2022 Financial Results

Quarterly and full year revenue exceeded mid-point of guidance ranges by $10 million Guiding to 30% increase in Adjusted EBITDA for full year 2023 Hosting inaugural Investor Day RALEIGH, N.C. , Feb. 2...

7 months ago - PRNewsWire

Bandwidth to Report Fourth Quarter and Full Year 2022 Financial Results and Hold a Virtual Investor Day on February 23, 2023

RALEIGH, N.C. , Feb. 2, 2023 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the fourt...

8 months ago - PRNewsWire

Bandwidth Announces Third Quarter 2022 Financial Results

Quarterly revenue and non-GAAP EPS exceeded high-end of guidance ranges Raises full year 2022 outlook for revenue and non-GAAP EPS RALEIGH, N.C. , Nov. 1, 2022 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: ...

11 months ago - PRNewsWire

Bandwidth to Report Third Quarter 2022 Financial Results

RALEIGH, N.C. , Oct. 20, 2022 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the thir...

1 year ago - PRNewsWire

Bandwidth Announces Call Assure, the Only Comprehensive Toll-Free Disaster Recovery Solution for Maximum Reliability

Enhances Bandwidth's already resilient, 5x-redundant toll-free offering to protect against an unprecedented disruption for high-value call traffic RALEIGH, N.C. , Oct. 20, 2022 /PRNewswire/ -- Bandwid...

1 year ago - PRNewsWire

Bandwidth Selected By GoTo As Primary Communications Platform to Power Global Growth

Expands partnership to support GoTo's rapidly growing portfolio worldwide with Bandwidth's full suite of cloud-native voice, messaging and emergency services RALEIGH, N.C. , Sept. 15, 2022 /PRNewswire...

1 year ago - PRNewsWire

Bandwidth Launches New "Send-To" App, Bringing Built-In SMS Messaging to Microsoft Teams

RALEIGH, N.C. , Sept. 8, 2022 /PRNewswire/ --  Bandwidth Inc.  (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced "Send-To," a new messaging app for Bandwidth's ...

1 year ago - PRNewsWire

Bandwidth Announces Second Quarter 2022 Financial Results Exceeding Guidance

RALEIGH, N.C. , Aug. 3, 2022 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced financial results for the second quarter ended Jun...

1 year ago - PRNewsWire

Bandwidth to Report Second Quarter 2022 Financial Results on August 3, 2022

RALEIGH, N.C. , July 21, 2022 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the seco...

1 year ago - PRNewsWire

Bandwidth Achieves Comprehensive ISO 27001 Certification Across Global Network, APIs, People and Business Processes

Gold standard for information security management is highly valued by customers and demonstrates the security, availability and resiliency of the Bandwidth global platform RALEIGH, N.C. , July 13, 202...

1 year ago - PRNewsWire

Bandwidth and Alianza Announce Partnership to Accelerate Cloud Migration for Communications Service Providers

Targets large market of over 2000 CSPs in U.S. and Canada, enables them to stay competitive by transforming their legacy infrastructure and delivering high-growth cloud services RALEIGH, N.C. and PLEA...

1 year ago - PRNewsWire