Bandwidth Inc. (BAND)

NASDAQ: BAND · IEX Real-Time Price · USD
11.96
-0.43 (-3.47%)
At close: Sep 23, 2022 4:00 PM
12.39
+0.43 (3.60%)
After-hours: Sep 23, 2022 7:56 PM EDT
-3.47%
Market Cap 302.63M
Revenue (ttm) 524.62M
Net Income (ttm) -28.18M
Shares Out 25.30M
EPS (ttm) -1.15
PE Ratio n/a
Forward PE 46.73
Dividend n/a
Ex-Dividend Date n/a
Volume 739,758
Open 12.08
Previous Close 12.39
Day's Range 11.37 - 12.33
52-Week Range 11.37 - 100.49
Beta 0.83
Analysts Buy
Price Target 36.85 (+208.1%)
Earnings Date Nov 7, 2022

About BAND

Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in the United States. The company operates in two segments, CPaaS and Other. Its platform enables enterprises to create, scale, and operate voice or messaging communications services across various mobile applications or connected devices. The company also provides SIP trunking, data resale, and hosted voice over Internet protocol services. It serves large enterprises, communications service providers, conferencing providers, contact ... [Read more...]

Industry Diversified Telecommunication Services
IPO Date Nov 10, 2017
CEO David Morken
Employees 1,100
Stock Exchange NASDAQ
Ticker Symbol BAND
Full Company Profile

Financial Performance

In 2021, Bandwidth's revenue was $490.91 million, an increase of 43.07% compared to the previous year's $343.11 million. Losses were -$27.36 million, -37.78% less than in 2020.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for BAND stock is "Buy." The 12-month stock price forecast is 36.85, which is an increase of 208.11% from the latest price.

Price Target
$36.85
(208.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Communication Stocks Likely to Gain From Cloud Transition

The infrastructure upgrade for digital transformation and accelerated pace of 5G deployment should help the Zacks Communication - Infrastructure industry thrive despite near-term headwinds. COMM, ATEX a...

Other symbols: ATEXCOMM
5 days ago - Zacks Investment Research

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 week 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 Di...

2 weeks ago - PRNewsWire

Why Is Bandwidth (BAND) Down 16% Since Last Earnings Report?

Bandwidth (BAND) reported earnings 30 days ago. What's next for the stock?

3 weeks ago - Zacks Investment Research

Why Bandwidth Stock Tumbled Today

Investors were unimpressed with the company's second quarter, even though it surpassed Wall Street's expectations.

1 month ago - The Motley Fool

Bandwidth (BAND) Reports Narrower Q2 Loss, Beats on Revenues

Healthy demand trends and growth of enterprise customers help Bandwidth (BAND) to beat second-quarter 2022 earnings estimates.

1 month ago - Zacks Investment Research

Bandwidth (BAND) Reports Q2 Loss, Tops Revenue Estimates

Bandwidth (BAND) delivered earnings and revenue surprises of 42.86% and 2.58%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

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 June ...

1 month 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 second...

2 months 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, 2022 ...

2 months 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 PLEASA...

3 months ago - PRNewsWire

1 Nasdaq Stock Down 80% That May Finally Be Worth Buying

This beaten-down technology company could step on the gas after having a rough past year.

3 months ago - The Motley Fool

Why Is Bandwidth (BAND) Down 16.5% Since Last Earnings Report?

Bandwidth (BAND) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

Bandwidth Announces Karl Perkins As Chief Innovation Officer

Cloud communications expert has advanced the technology vision for global leaders including Cisco, Avaya and Tata Communications RALEIGH, N.C. , June 2, 2022 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND...

3 months ago - PRNewsWire

3 Communication Stocks Set to Gain From High Bandwidth Demand

The infrastructure upgrade for digital transformation and accelerated pace of 5G deployment should help the Zacks Communication - Infrastructure industry thrive despite near-term headwinds. COMM, ADTN a...

Other symbols: ADTNCOMM
4 months ago - Zacks Investment Research

Bandwidth (BAND) Surpasses Q1 Earnings and Revenue Estimates

Bandwidth (BAND) delivered earnings and revenue surprises of 200% and 4.48%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Bandwidth Announces First Quarter 2022 Financial Results

First Quarter Revenue of $131 million, up 16% year-over-year Dollar-based net retention rate of 114% RALEIGH, N.C. , May 4, 2022 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterpris...

4 months ago - PRNewsWire

Bandwidth to Report First Quarter 2022 Financial Results

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

5 months ago - PRNewsWire

Bandwidth Announces Global Software Sales Executive Sandy Preizler As Chief Revenue Officer

Hands-on leader consistently exceeded revenue and profitability goals for billion-dollar cloud and software portfolios at NCR, Avaya, Cisco, Symbol (Motorola) RALEIGH, N.C. , March 29, 2022 /PRNewswire/...

5 months ago - PRNewsWire

Why Is Bandwidth (BAND) Down 2.3% Since Last Earnings Report?

Bandwidth (BAND) reported earnings 30 days ago. What's next for the stock?

5 months ago - Zacks Investment Research

Bandwidth (BAND) Teams Up With Pindrop for Voice Authentication

The out-of-the-box integration underscores Bandwidth's (BAND) plan to become the preferred network platform for enterprise cloud contact centers.

6 months ago - Zacks Investment Research

Bandwidth Announces Integration with Pindrop to Add Out-of-the-Box Voice Authentication for Enterprise Contact Center...

Native integration on the Bandwidth platform with the leading fraud and authentication solution gives enterprise contact centers a faster, more robust route to the cloud RALEIGH, N.C. , March 21, 2022 /...

6 months ago - PRNewsWire

Here's Why Bandwidth Shares Dropped More Than 30% on Thursday

The cloud communications company's stock just hit a fresh 52-week low.

7 months ago - The Motley Fool

Bandwidth (BAND) Q4 Earnings Beat on Healthy Revenue Growth

New customer additions, robust cross-selling momentum, differentiated global platform and reinforced customer relationships help Bandwidth (BAND) to beat fourth-quarter 2021 earnings estimates.

7 months ago - Zacks Investment Research

Bandwidth (BAND) Surpasses Q4 Earnings and Revenue Estimates

Bandwidth (BAND) delivered earnings and revenue surprises of 164.29% and 6.92%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research